Willard “the car guy” Romney is having more problems with cars… and with hypocrisy, and full disclosure, and ethical behavior. In other words, business as usual. Apart from writing op-eds entitled “Let Detroit go bankrupt,” or lying that Jeep is shipping American jobs to China, we’ve learned that Lord and Lady Romney’s secret investments bought them a 3,000 percent return on investment — from the auto bailout. From taxpayer dollars!
However, Mitt didn’t disclose any of that. From the Huffington Post:
The United Auto Workers (UAW), the Service Employees International Union (SEIU), and other groups plan to file an ethics complaint against Mitt Romney for allegedly failing to disclose his profits from the auto bailout… The groups are calling for an investigation by the U.S. Office of Government Ethics to investigate Romney’s alleged violation of the Ethics in Government Act, which requires presidential candidates to disclose their personal finances. The ethics complaint comes on the heels of an Oct. 17 article in The Nation, which alleged that Romney has hidden his personal gains of at least $15.3 million from the auto bailout.
“He made his fortune off the misfortune of others,” Bob King, president of the UAW, told The Huffington Post on Wednesday. “Why should we have to find out from the media about this?” [...] Romney and his wife allegedly made millions from the auto bailout through their investments in the hedge fund Elliott Management, which held a stake in the auto bailout recipient Delphi Automotive, according to The Nation. The return on this investment amounted to more than 3,000 percent, according to The Nation.
The Toledo Blade: “It’s time for Mr. Romney to follow the law. That’s really not too much to ask for someone who would be our president,” Mr. Woodruff said. A spokesman for the Romney campaign could not be reached for comment. Mr. King said the American people have the right to know about any potential conflicts of interest that might exist in Mr. Romney’s investments. “Mitt Romney’s refusal to come clean on where he has his money invested is much more than an ethics violation… The public deserves to know where, when, and how much Mitt Romney bet against American workers with his investments.”
And you just know that Romney’s profit from the bailout is now sitting somewhere in the Caymens or Bermuda or Switzerland, collecting interest, not creating even ONE American job. The worst part of it: there are people who will vote for this guy on Tuesday.
You really must do your part: VOTE!!