Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

usregimechange

(18,373 posts)
Thu Apr 5, 2012, 07:47 PM Apr 2012

Romney using ethics exception to limit disclosure of Bain holdings

Source: Washington Post

By Tom Hamburger, Updated: Thursday, April 5, 1:10 PM

Republican presidential front-runner Mitt Romney, whose wealth has become a central issue in the 2012 campaign, has taken advantage of an obscure exception in federal ethics laws to avoid disclosing the nature and extent of his holdings.

By offering a limited description of his assets, Romney has made it difficult to know precisely where his money is invested, whether it is offshore or in controversial companies, or whether those holdings could affect his policies or present any conflicts of interest.


Read more: http://www.washingtonpost.com/politics/romney-using-ethics-exception-to-limit-disclosure-of-bain-holdings/2012/04/05/gIQARcVmxS_story.html?hpid=z1



Wonder what he is hiding....
27 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Romney using ethics exception to limit disclosure of Bain holdings (Original Post) usregimechange Apr 2012 OP
K&R nt myrna minx Apr 2012 #1
I wouldn't vote for a guy for president who banked in foreign countries rurallib Apr 2012 #2
Nothing says "presidential" like funding Salvadoran death squads. EFerrari Apr 2012 #3
Thanks for that! rurallib Apr 2012 #9
Axelrod will be sure to make this an issue Thrill Apr 2012 #4
Rmoney won't show US the money - he's in a special category wordpix Apr 2012 #20
"Blind Trust" Icicle Apr 2012 #5
Does the average voter like Tax Cheats? emulatorloo Apr 2012 #6
It looks like Mittins won't either ... bayareaboy Apr 2012 #7
If he's a tax felon, the issue should be pursued to the last draw of our breath and raised at every aint_no_life_nowhere Apr 2012 #11
Weasel. n/t Canuckistanian Apr 2012 #8
I want to see his stock certificates... Godot51 Apr 2012 #10
Rmoney Gave 23 - 23!!! - Years of Tax Returns to McCain for Vetting ... 66 dmhlt Apr 2012 #12
If there is evidence of significant criminal tax evasion in Romney's records aint_no_life_nowhere Apr 2012 #13
article says there are discrepancies between income tax and candidate financial filings wordpix Apr 2012 #21
the upshot appears to have been that McCain didn't like what he saw wordpix Apr 2012 #16
and Romney wasn't chosen as VP. Could be connected. yardwork Apr 2012 #23
Idiot. He has no chance of winning, and he's compounding it by looking like a criminal. truthisfreedom Apr 2012 #14
But we still need to work and win the down ticket races Botany Apr 2012 #15
never underestimate the stupidity/greed of the American people, esp. the Tea Party + richie crowd wordpix Apr 2012 #17
Isnt the republican answer always skydive forever Apr 2012 #18
"the most opaque [filing] they have ever encountered" ---calling IRS, calling IRS wordpix Apr 2012 #19
The Ethics Of Using Ethics In An Unethical Manner DallasNE Apr 2012 #22
Romney is a war profiteer sulphurdunn Apr 2012 #24
The barn door has already been opened. WHEN CRABS ROAR Apr 2012 #25
He's trying to hide the fact he's a sorry sob madokie Apr 2012 #26
Well, damn! jonthebru Apr 2012 #27

EFerrari

(163,986 posts)
3. Nothing says "presidential" like funding Salvadoran death squads.
Thu Apr 5, 2012, 08:04 PM
Apr 2012

This pig should be in jail, not running for office.

ETA: And here is a link in case anyone thinks I'm exaggerating.
The roots of Bain Capital in El Salvador’s civil war

http://www.salon.com/2012/01/20/the_roots_of_bain_capital_in_el_salvador/

wordpix

(18,652 posts)
20. Rmoney won't show US the money - he's in a special category
Fri Apr 6, 2012, 06:52 PM
Apr 2012

the super rich make their own rules, don't you know?

Icicle

(121 posts)
5. "Blind Trust"
Thu Apr 5, 2012, 08:45 PM
Apr 2012

I predict we will hear the "I don't know where the money is held, it's put into a "blind trust" excuse again.

One might think that if one had gazillions of dollars invested, one would want to know what is was invested in.

bayareaboy

(793 posts)
7. It looks like Mittins won't either ...
Thu Apr 5, 2012, 09:22 PM
Apr 2012

release Bain holdings or Tax returns because both are based on bad figures from his Bain accounts.

Remember; what goes around comes around

he lied on his Bain accounts so his IRS returns have the same omissions.

So I ain't waiting for either.

aint_no_life_nowhere

(21,925 posts)
11. If he's a tax felon, the issue should be pursued to the last draw of our breath and raised at every
Fri Apr 6, 2012, 10:30 AM
Apr 2012

opportunity. Of course Republicans would consider a tax felon to be a hero in their upside-down world of ethics and morality.

Godot51

(239 posts)
10. I want to see his stock certificates...
Fri Apr 6, 2012, 07:11 AM
Apr 2012

This is a serious issue, imagine if Mr. Obama didn't disclose his finances.
If the Republicans can make as big a stink over a fictitious birth certificate issue then he Democratic party can do the same with Romney's money issues. He must provide a full disclosure to the American people.

66 dmhlt

(1,941 posts)
12. Rmoney Gave 23 - 23!!! - Years of Tax Returns to McCain for Vetting ...
Fri Apr 6, 2012, 11:28 AM
Apr 2012

Why not treat us average American citizens with the same respect?

“Governor Romney provided 23 years worth of tax returns to the McCain campaign so they could determine if he would make a suitable vice president.”


http://www.washingtonpost.com/blogs/election-2012/post/obama-to-romney-release-more-tax-returns/2012/04/05/gIQANYeUyS_blog.html?wprss=rss_election-2012

aint_no_life_nowhere

(21,925 posts)
13. If there is evidence of significant criminal tax evasion in Romney's records
Fri Apr 6, 2012, 12:24 PM
Apr 2012

I wonder if it would open up the possibility of liability for McCain since he's a public official who would have knowledge of a crime and cover-up. There's got to be something pretty explosive in those records since Romney is so unwilling to release anything.

wordpix

(18,652 posts)
21. article says there are discrepancies between income tax and candidate financial filings
Fri Apr 6, 2012, 07:04 PM
Apr 2012

but who knows if these discrepancies will be pursued?

truthisfreedom

(23,147 posts)
14. Idiot. He has no chance of winning, and he's compounding it by looking like a criminal.
Fri Apr 6, 2012, 02:01 PM
Apr 2012

Wow, I had no idea it was going to be so easy for Obama to win.

Botany

(70,504 posts)
15. But we still need to work and win the down ticket races
Fri Apr 6, 2012, 05:29 PM
Apr 2012

Obama ad .... Mitt Romney made his money firing people and shipping
their jobs off shore along with his millions and he will not even tell us
just how much money he made and where he put all that money ... but
now he wants your vote to be POTUS?

skydive forever

(444 posts)
18. Isnt the republican answer always
Fri Apr 6, 2012, 06:11 PM
Apr 2012

"but if he has nothing to hide..." Except in Mitts case. Thats what the right tells us about drug testing, cops searching people, warrantless wiretapping, etc.

wordpix

(18,652 posts)
19. "the most opaque [filing] they have ever encountered" ---calling IRS, calling IRS
Fri Apr 6, 2012, 06:19 PM
Apr 2012

Mr. Offshore Accts. who doesn't want anyone to know about them is getting a bit of scrutiny ---when will the IRS look into him?

DallasNE

(7,403 posts)
22. The Ethics Of Using Ethics In An Unethical Manner
Sat Apr 7, 2012, 07:39 AM
Apr 2012

What are the ethics of using an ethics exemption to unethically hide that which you are legally required to report. And why hasn't the Federal Election Commission made a ruling on whether a confidentially agreement legally represents an ethics exemption. If that is the case then there is no disclosure law because everybody will in the future make sure they hide everything behind an alledged confidentially agreement. Romney must think he is a Supreme Court Justice to think that ethics rules don't apply to him.

 

sulphurdunn

(6,891 posts)
24. Romney is a war profiteer
Sat Apr 7, 2012, 05:26 PM
Apr 2012

and a chickenhawk, just your typical, conservative member of the American ruling class. He and the rest of the presidential clown carnival are a distraction. The Republican political strategy is to take control of state governments while holding control of federal courts and the legislature. They don't give a damn about Presidents. Why should they?

Latest Discussions»Latest Breaking News»Romney using ethics excep...