stormwatch89 wrote: Floridatexan wrote:
What a bunch of raving lunatics...willing to overlook offshore investments in what has been called blind trusts, but are, according to some, "trusts with cataracts", which are a clear violation of the law, willing to overlook the sources of capital for those investments, willing to overlook the influence of the LDS church and "Bishop" Romney's shameful record there, willing to overlook Ryan's adherence to Ayn Rand's doctrines, even though they've been described by members of his own Catholic faith as "satanism"...willing to turn a blind eye to everything evil and self-serving about their candidates just because of the "R", and it's not just the Randian influences, but Ryan's own budget that's come under attack by his own church because it's in direct conflict with the church's humanitarian mission. Willful ignorance; ain't it grand?
OK, I really have to laugh at this one, FT.
"offshore investments in what has been called blind trusts"
Are you saying you don't believe politicians have blind trusts? Even your hero has blind trusts and they are.............blind. They also include offshore investments.
"clear violation of the law" Link? Which laws are being violated?
"sources of capital" Such as?
It's completely obvious that you haven't done research on your candidate. When he was running against Kennedy, he called blind trusts a trick, but apparently his family trusts are do not even meet the test of "blind". And there's plenty of evidence that the initial investments in Bain Capital came, at least in part, from Salvadoran exiles in Miami. Do you want to know why they were exiled? Romney doesn't care from whence or where his money flows, so long as it flows.
http://www.vanityfair.com/politics/purdum/2012/07/mitt-romney-age-old-ruse-blind-trust
An Age-Old Ruse
That’s the way Mitt Romney, back in 1994, described putting one’s assets in a so-called blind trust. But it’s 2012, and the ruse looks pretty serviceable...
(Romney's so-called blind trust is run by his long-time friend and associate, which effectively negates the classification of his trust as "blind".)
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http://www.huffingtonpost.com/2012/08/08/mitt-romney-death-squads-bain_n_1710133.html
"In 1983, Bill Bain asked Mitt Romney to launch Bain Capital, a private equity offshoot of the successful consulting firm Bain & Company. After some initial reluctance, Romney agreed. The new job came with a stipulation: Romney couldn't raise money from any current clients, Bain said, because if the private equity venture failed, he didn't want it taking the consulting firm down with it.
When Romney struggled to raise funds from other traditional sources, he and his partners started thinking outside the box. Bain executive Harry Strachan suggested that Romney meet with a group of Central American oligarchs who were looking for new investment vehicles as turmoil engulfed their region.
Romney was worried that the oligarchs might be tied to "illegal drug money, right-wing death squads, or left-wing terrorism," Strachan later told a Boston Globe reporter, as quoted in the 2012 book "The Real Romney." But, pressed for capital, Romney pushed his concerns aside and flew to Miami in mid-1984 to meet with the Salvadorans at a local bank.
It was a lucrative trip. The Central Americans provided roughly $9 million -- 40 percent -- of Bain Capital's initial outside funding, the Los Angeles Times reported recently. And they became valued clients.
"Over the years, these Latin American friends have loyally rolled over investments in succeeding funds, actively participated in Bain Capital's May investor meetings, and are still today one of the largest investor groups in Bain Capital," Strachan wrote in his memoir in 2008. Strachan declined to be interviewed for this story.
When Romney launched another venture that needed funding -- his first presidential campaign -- he returned to Miami.
"I owe a great deal to Americans of Latin American descent," he said at a dinner in Miami in 2007. "When I was starting my business, I came to Miami to find partners that would believe in me and that would finance my enterprise. My partners were Ricardo Poma, Miguel Dueñas, Pancho Soler, Frank Kardonski, and Diego Ribadeneira."
Romney could also have thanked investors from two other wealthy and powerful Central American clans -- the de Sola and Salaverria families, who the Los Angeles Times and Boston Globe have reported were founding investors in Bain Capital.
While they were on the lookout for investments in the United States, members of some of these prominent families -- including the Salaverria, Poma, de Sola and Dueñas clans -- were also at the time financing, either directly or through political parties, death squads in El Salvador. The ruling classes were deploying the death squads to beat back left-wing guerrillas and reformers during El Salvador's civil war.
The death squads committed atrocities on such a mass scale for so small a country that their killing spree sparked international condemnation. From 1979 to 1992, some 75,000 people were killed in the Salvadoran civil war, according to the United Nations. In 1982, two years before Romney began raising money from the oligarchs, El Salvador's independent Human Rights Commission reported that, of the 35,000 civilians killed, "most" died at the hands of death squads. A United Nations truth commission concluded in 1993 that 85 percent of the acts of violence were perpetrated by the right, while the left-wing Farabundo Martí National Liberation Front, which was supported by the Cuban government, was responsible for 5 percent..."
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Romney's a 14-carat asshole.