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Sun Jul 1, 2012, 09:12 AM

Rmoney fundraiser in...LONDON???

Foreign money in U.S. domestic politics?
That ain't right.


Mitt Romney London fundraiser to be hosted by Barclay CEO who was fined $453 million for manipulating interest rates

Two weeks ago, Mitt Romney told Bob Schieffer on CBS’ “Face the Nation” that he wouldn’t be joining his wife Ann at the London Summer Olympics to watch her champion dressage horse, Rafalca, compete. “I have a campaign to attend to,” Romney said, “so I won’t be able to see it perform, but I’m very pleased for Ann.”

But several media outlets — including the Times, CNN, and the British newspaper The Telegraph have reported that Mitt Romney will in fact take time from the campaign to attend the opening ceremonies of the Olympics with his wife on July 27.

...while in London, Romney will find time to attend — you guessed it — a private fundraising dinner. According to The Telegraph, “The price of invitations dwarfs the amounts paid for such fundraisers in British politics. Each guest must pay between $25,000 (£17,000) and $75,000 (£50,000) for a seat at the dinner, which will be hosted by Bob Diamond, the chief executive of Barclays.”

Bob Diamond? Why is that name familiar? Oh right, it was announced this week that Barclays would pay American and British authorities $453 million in fines as a settlement over allegations that the financial giant manipulated international interest rates, causing millions of borrowers to pay the wrong amount on their loans. The New York Times reports, “At the height of the financial crisis, regulators say, the big British bank reported bogus figures that in some cases had influenced a benchmark for student loans, credit cards and mortgages.”


http://billmoyers.com/2012/06/29/in-london-mitt-banks-on-the-wrong-horse/#.T-8SIS-dZTk.twitter

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Reply Rmoney fundraiser in...LONDON??? (Original post)
trof Jul 2012 OP
Sen. Walter Sobchak Jul 2012 #1
libinnyandia Jul 2012 #3
charlyvi Jul 2012 #2
Lionessa Jul 2012 #4

Response to trof (Original post)

Sun Jul 1, 2012, 09:34 AM

1. More than 120,000 Americans live in London

Almost 200,000 live in the British Isles, it goes to reason given ties to finance more than a couple are probably Republicans. Diamond himself is an American.

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Response to Sen. Walter Sobchak (Reply #1)

Sun Jul 1, 2012, 12:03 PM

3. To me the issue is not where it is being held, but its ties to Barclays. Big corrupt bank.

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Response to trof (Original post)

Sun Jul 1, 2012, 09:59 AM

2. George Clooney is holding an Obama fundraiser in Geneva.

There are many rich Americans in Geneva.

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Response to charlyvi (Reply #2)

Sun Jul 1, 2012, 01:22 PM

4. And rich foreigners. It's ridiculous to think if foreigners wanted to "invest"

 

in a president, that he would have to go visit them to do it.

But I have to say, that just from those that could be being employed were these all held here, it's untoward for either candidate to be having fundraisers overseas, and the idea that Clooney is sponsoring one, and it's not in the US bothers me even more for some reason. Seems with two Americans at the center of the gala, it should be on American soil. They should come to him, he shouldn't be showing up like someone summoned by masters to receive his paycheck, it's unbecoming.

Just my feelings, not something I'd change a vote over or anything like that. I feel the same about this as I do SuperPACs, they just aren't good for sound governance.

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