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Tag Archives: conflict of interest
Petition for AG Eric Holder: investigate Tagg Romney’s ownership of voting machines
Mitt Romney’s family bought themselves some voting machines for the election!
Privatizing our nation’s voting systems could ONLY turn out with this kind of a result — and naturally the wealthiest candidate to ever seek the presidency, the King of Bain, is the first Republican candidate involved.
Romney family buys voting machines through Bain Capital investment: “Tagg Romney, the son of Republican presidential candidate Mitt Romney, has purchased electronic voting machines that will be used in the 2012 elections in Ohio, Texas, Oklahoma, Washington and Colorado. ”Late last month, Gerry Bello and Bob Fitrakis at FreePress.org broke the story of the Mitt Romney / Bain Capital investment team involved in H.I.G. Capital which, in July of 2011, completed a “strategic investment” to take over a fair share of the Austin-based e-voting machine company Hart Intercivic,” according to independent journalist Brad Friedman.”
Truthout: “Through a closely held equity fund called Solamere, Mitt Romney and his wife, son and brother are major investors in an investment firm called H.I.G. Capital. H.I.G. in turn holds a majority share and three out of five board members in Hart Intercivic, a company that owns the notoriously faulty electronic voting machines that will count the ballots in swing state Ohio November 7. Hart machines will also be used elsewhere in the United States. In other words, a candidate for the presidency of the United States, and his brother, wife and son, have a straight-line financial interest in the voting machines that could decide this fall’s election. These machines cannot be monitored by the public. But they will help decide who “owns” the White House.”
The Nation: “The Medicaid reimbursements for the dental management companies offer a revealing look at the underlying business model being pursued by the Romney-supporting private equity firms: big government, when harnessed to industry-friendly regulators, can mean big profits. Many of these private equity–owned companies rely on federal and state contracts, from HIG Capital’s Hart Intercivic, a voting machine company, to EnviroFoam Technologies, a biological and chemical decontamination firm that does business with the US military and is owned by Peterson Partners, a private equity firm listed in the Solamere prospectus. It’s already clear how the Solamere nexus of influence would work to advance such companies under a Romney administration.”
Brad Friedman: “Late last month, Gerry Bello and Bob Fitrakis at FreePress.org broke the story of the Mitt Romney/Bain Capital investment team involved in H.I.G. Capital which, in July of 2011, completed a “strategic investment” to take over a fair share of the Austin-based e-voting machine company Hart Intercivic. [...] Hart’s announcement of the deal describes H.I.G.’s role as as “co-investors”, though the financial services firm which brokered the deal described it in their own announcement as a full-fledged acquisition: “Hart Intercivic was acquired by HIG Capital late last week. The deal caps off a 2+ year relationship with Hart! Congrats to both Hart and the HIG team…its going to be a great partnership!” [...] Despite the Rightwing reports, [George] Soros has no apparent control of the Scytl outfit, but it doesn’t matter. Other private corporate entities — unaccountable to the public — do. Either way, whether it’s Soros or entities tied to Mitt Romney, George W. Bush, Hugo Chavez or anybody else, the fact that we have allowed this complete corporatization of the machinery of our public elections, the very lifeblood of our democracy — the first and most important element of true self-governance — is, in and of itself, a continuing shame for what was once regarded as “the world’s greatest democracy.”"
NY Times: “Two years later, despite a challenging fund-raising climate for private equity, Solamere, named after a wealthy enclave in Utah’s Deer Valley where the Romneys have a winter home, finished raising its first fund. The firm blew past its $200 million goal, securing $244 million from 64 investors, including a critical, early $10 million from Mitt Romney and his wife, Ann, and hefty commitments from wealthy supporters of the campaign.“
Crooks and Liars: “According to this form and this form filed with the SEC, Solamere Group owns a large stake in Solamere Advisors (referred to in the documents as “CAMG Solamere.”) So it is impossible to argue that Solamere Capital—the Romney family’s investment company—does not have direct financial ties with Solamere Advisors, the firm filled with executives who sold CDs as part of the Stanford fraud. The Stanford scandal is second only to the case of Bernie Madoff. The disclosures are made on part of the SEC website enhanced by the new Dodd-Frank law, the Wall Street reform Romney says he wants to repeal.”
Vote counting company Hart Intercivic, whose machines have famously failed in the past, is tied to Mitt Romney and Bain Capital — from The David Parkman Show:
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[According] to VerifiedVoting.org’s database, in all or parts of California, Colorado, Hawaii, Illinois, Indiana, Kentucky, Ohio, Oklahoma, Oregon, Pennsylvania, Texas, Virginia and Washington, Hart InterCivic voting and tabulation systems are now used.
You’d think the mainstream media would be making more of this alarming news — this potential scandal, wouldn’t you? Acorn, please!
Related: Petition for AG Eric Holder: investigate Tagg Romney’s ownership of voting machines
Morning Bunker Report: Thursday 6.14.2012
WHAT ROMNEY / REPUBLICANS STAND FOR———————————————
“With how he treated me, is that how he’s going to treat others? You know, if he gets in office is he going to be that way to us little people?” – Dianne Bauer, owner of the Main Street Diner in Council Bluffs, Iowa, regarding Mitt Romney’s use of her diner for a campaign stop (The answer is YES, Dianne, of course that’s how he treats the little people who aren’t immediately being used as a photo-op. lol)
Mitt the Mormon — The uptick in anti-Mormon voter attitudes may come as a surprise to those who predicted Romney’s candidacy would have a mainstreaming effect on his faith. But as University of Sydney scholar David Smith, the paper’s author, writes, just as President Obama’s successful candidacy didn’t put an end to tense race relations in America, Romney’s political assent hasn’t cured the country of anti-Mormonism. In fact, as the data shows, Romney’s rise may have led to increased anxiety about his religion among his natural political opponents. […] Strikingly, the correlation between attitudes about Mormonism and support for Romney is even stronger than political ideology or party identification. Perhaps most potentially distressing to Romney’s campaign is the study’s finding that conservatives who said they were less likely to vote for a Mormon were much more likely to say they were undecided or would not vote at all in a contest between Obama and Romney. Pundits have been predicting for months that anti-Mormon Republicans would stay home in November; this study reaffirms that idea. – Buzzfeed
Romney tells CEOs they deserve more tax cuts, deregulation, and warm tongue baths from DC – Preaching to the converted on lower taxes and less regulation, Republican Mitt Romney courted more than 100 of America’s top chief executives Wednesday demanding government be an ally of enterprise, “not the enemy. Government has to be the partner, the friend, the ally, the supporter of enterprise — not the enemy,” Romney told a gathering of the Business Roundtable, a grouping of executives of leading US firms with some $6 trillion in annual revenue. “Too often, you find yourself facing a government that looks at you like you’re the bad guys,” he said in a 20-minute speech before going into a closed-door discussion with his audience. “I want to change the attitude (in Washington) and encourage the growth of enterprise in this country.” – Raw Story
Romney Endorses Massive Corporate Tax Giveaway That Failed To Create Jobs In The Past – [At the same CEO roundtable, Romney] called for the repeal of the tax on corporate profits that is levied when those profits are returned (repatriated) to America. Repealing the tax, Romney said, would drive investment in the United States and spur job creation. In the past, however, temporary tax holidays for profits stored overseas have not led to the job creation that proponents promised. Instead of creating jobs, companies used a 2004 repatriation tax holiday to line their executives’ pockets, paying stock dividends and buying back shares. The holiday “didn’t accomplish the stated goals of bringing jobs and investment to the US,” according to former member of President Bush’s Council on Economic Advisers. – Think Progress
image: 1percenthole
Adelson give $10 million to Romney Super PAC – Casino mogul Sheldon Adelson, who helped keep Newt Gingrich’s failed presidential campaign alive during the GOP primaries, is giving $10 million to a super PAC supporting Mitt Romney, the Wall Street Journal reports. The $10 million donation to the super PAC Restore Our Future appears to be the largest single donation toward Romney’s efforts so far. – Political Wire
The rise of the megadonors (the end of democracy) –The Adelsons are hardly the only ones taking advantage of the post-Citizens-United free-for-all. But they are blowing all other donors away: Their spending exceeds that of the next six biggest donors. (So far, most major donors are also supporting conservative super-PACs, which are outspending their liberal counterparts by a factor of 7 to 1.) – Mother Jones
John McCain Haz a Sad – Sen. John McCain (R-AZ) told The Hill that President Obama never made a sincere effort to reach out to him after the 2008 election. He wants us to know he’s not bitter, though – not even a little bit.
How they cheat to win in Michigan – Michigan Republicans passed three bills yesterday to make voting harder. In particular, the legislation makes it harder to run a voter-registration drive. As has been their custom this year, House Republicans passed the legislation under immediate effect over the objections of the minority Democrats. That means the legislation could become law this year instead of waiting until 2013. – Maddow Blog
WHAT THE PRESIDENT / DEMOCRATS STAND FOR ————————————
“I am telling you, I want you all to pay attention over the next five months and see if they’re offering a single thing that they did not try when they were in charge, because you won’t see it.” — President Obama
image: randomactsofchaos
A lampoon of Mitt Romney, by Mitt Romney: “Out of touch” – the video features a highlight reel of the Republican’s gaffes, a collection of Romney’s missteps, including such comments as “corporations are people,” “I like being able to fire people,” and “I’m also unemployed.”
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Sen. Sanders blasts conflicts of interest at the Federal Reserve – Sen. Bernie Sanders on Wednesday explained the importance of ending conflicts of interest at the Federal Reserve, [such as with] Jamie Dimon, the CEO and chairman of JPMorgan Chase, serv[ing] on the New York Fed’s board of directors. “The idea that we don’t have a Fed which is sitting there with knowledgeable, intelligent people who are fighting for the middle class and working families and not just for the profits of the large financial institutions — I mean, to me, that’s just a very simple reform,” Sanders said on Current TV’s Viewpoint. “But at the end of the day, if we are serious about trying to rebuild the middle class of this country, rebuild our manufacturing sector, et cetera, no question we need real Wall Street reform. To get Wall Street reform, we need Fed reform. To get Fed reform, we’ve got to get the bankers off of the regional Feds.” Sanders has introduced the Federal Reserve Independence Act to prohibit banking industry executives from serving as Fed directors. – Raw Story
Millions of old people are benefitting from Obamacare but are voting for Romney anyway – A Centers for Medicare and Medicaid Services study determined that senior citizens more than any other demographic group of Americans benefit from Obamacare. The law hasn’t even really kicked in fully and yet 14.3 million senior citizens have benefitted from the law’s preventative care provisions. In other words, millions of old people have received free preventative care via Medicare that they wouldn’t have received if Obamacare hadn’t been passed. And so they’re going to vote for the guy who wants to repeal the law. – Bob Cesca
- CBO Director: Romney’s claim is nonsense — Mitt Romney and many other Republicans commonly claim that President Obama’s health care law is already harming small businesses in the U.S. …Doug Elmendorf, director of the Congressional Budget Office, called that nonsense. “We don’t think that the health care law is having a significant impact on the economy today,” Elmendorf told reporters at a Christian Science Monitor breakfast roundtable Wednesday. – TPM
- More Romney nonsense: Obamacare made a small business in Iowa close — Mitt Romney has debuted a new talking point on the campaign trail, arguing Obama is out of touch with the negative impact Obamacare is having on small businesses. …Romney’s claim is based on a local interview Obama gave in Iowa, in which the president was told by a reporter that a local company had closed and was moving jobs to Wisconsin because of Obamacare. [...] It turns out that the company didn’t close because of Obamacare at all, according to a company spokesperson. What’s more, the company sees lack of demand as the key problem — a lack of demand that is partly due to the drive to repeal or modify Obamacare, not to the implementation of the law itself. [...] “We never said health care reform is the reason we’re closing and consolidating that operation,” Schurman said. “We never said it’s the result of the health care reform legislation.” – Greg Sargent
Senate Republicans introduce bill to block Obama Admin’s rule allowing home health workers to earn minimum wage – The Obama administration last year introduced a rule that would extend minimum wage protections to home health workers who, up to that point, had received no guarantee of a livable wage or fair overtime pay. But Senate Republicans are attempting to block the rule from going into effect: A group of Republican senators on Thursday introduced legislation aimed at blocking the Obama administration’s controversial efforts to extend minimum wage and overtime protections to 2 million in-home care providers through Department of Labor regulations – Think Progress
Both President Obama and Mitt Romney will deliver economic speeches in Ohio today. – Associated Press
