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News Romney made $15 million from the auto bail out

  1. Nov 2, 2012 #1
    OOPS make that $15 MILLION

    I saw a bit of this on TV last night which is unusual because I don't usually watch MSNBC. I was just flipping for News on the hurricane aftermath. After seeing it I googled the term "Romney Elliot Management Delphi"

    The results were quite troubling.

    http://www.google.com/search?source...phi&gs_l=hp..1.41l803.0.0.0.10339...........0.

    The hits all refer back to an investigation by Greg Palast.

    The UAW has filed an ethics law suit, not that anything will become of it.
     
    Last edited: Nov 2, 2012
  2. jcsd
  3. Nov 2, 2012 #2

    russ_watters

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    Staff: Mentor

    You're going to have to do better than a google search for a source and implied allegations of wrongdoing as a thesis.
     
  4. Nov 2, 2012 #3
    Sorry I thought there was a link about the UAW filing an ethics complaint among the links. The UAW action also adds credibility to the claim. I also wanted to show that this was not an isolated accusation. So in short,

    Did Mitt Romney Break the Law by Failing to Disclose Delphi Investments?


    http://www.thenation.com/blog/170967/did-mitt-romney-break-law-failing-disclose-delphi-investments.





    http://www.opednews.com/articles/UAW-Files-Charges-Against-by-Greg-Palast-121102-673.html


     
    Last edited: Nov 3, 2012
  5. Nov 3, 2012 #4

    russ_watters

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    "Files Charges" for "profiteering"? Neither of those are accurate. This is one of the reasons why I'm not sure Greg Palast is an acceptable source. We'll have to discuss it and make a decision.
     
    Last edited: Nov 3, 2012
  6. Nov 3, 2012 #5
    I don't think that Palast or the UAW just made this up. Palast is a regular on the BBC.

     
  7. Nov 3, 2012 #6

    russ_watters

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    Palast is a crackpot who was driven out of the American media over his strongly biased and factually loose reporting, which is why he now works for the BBC. Several things about what you posted are at best wrong or at worst, intentionally misleading and are great examples of his "work":

    1. "Lawsuit". Your word, not his. It doesn't appear in the link because it is wrong. He tricked you into using it with:
    2. "Files charges". Files charges implies criminal charges. The UAW is a union, not a prosecutor. What they did is file a complaint with an ethics organization.
    3. "Profiteering". Their complaint isn't about profiteering, it is about reporting.
     
  8. Nov 3, 2012 #7
    http://en.wikipedia.org/wiki/Greg_Palast
     
  9. Nov 3, 2012 #8
    Heck I don't even remember using the words law suit. If I did I hope I edited it. That would also be more related to my age than to the topic of Romney investing in Delphi through a hedge fund.

    http://www.opednews.com/articles/UAW-Files-Charges-Against-by-Greg-Palast-121102-673.html

    Apparently Palast tricked a lot of people.
     
    Last edited: Nov 3, 2012
  10. Nov 3, 2012 #9
  11. Nov 3, 2012 #10

    russ_watters

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    Just not the Greg Palast version of it. Perhaps you would like to re-create your OP, removing the Greg Palast misinformation?
     
  12. Nov 3, 2012 #11
    I probably should have just started with the union complaint. Ironically I didn't know at the time when I googled the term "Romney Elliot Management Delphi" that many of the hits would involve Palast. I came up with those words from watching the President of the UAW on MSNBC.

    I was actually quite shocked, disappointed, and even skeptical about the links. Other links imply the accusations are true but they all relate back to the original investigation by Palast as being the source.

    I found myself personally angry because I have so many relatives in the Midwest who lost jobs not only at Delphi but at other factories that supplied parts to Delphi. At that point I apparently lost proper perspective.

    You can just delete the thread if you want. I am a bit pressed for time, but I think I changed the word "charges" to "complaint" everywhere I saw it.
     
    Last edited: Nov 3, 2012
  13. Nov 5, 2012 #12
    It appears that more and more is showing up about Romneys money and where he keeps it.

    Off shore accounts.

    http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts

    Using the church.


    http://www.bloomberg.com/news/2012-10-29/romney-avoids-taxes-via-loophole-cutting-mormon-donations.html [Broken]

    Auto bail out.

    http://newsone.com/2074449/mitt-romney-ethic-charges/

    Now this: Bain Capital money in Netherlands.

    http://www.electoral-vote.com/evp2012/Info/romney-taxes.html

    I think I should have titled the thread. Why we need to reform the tax code.
     
    Last edited by a moderator: May 6, 2017
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