2016 Postmortem
In reply to the discussion: Factual talking points on the economy (UPDATED) [View all]progree
(10,901 posts)Excerpt from the http://articles.cnn.com/2012-01-27/politics/politics_truth-squad-investments_1_fannie-mae-mutual-funds-investments?_s=PMOLITICS link: [font color=brown] "Romney's blind trust holds Fannie Mae and Freddie Mac, the government-backed housing lenders, according to his public financial disclosure report filed last August with the Federal Election Commission. The financial holdings that are held in a blind trust are overseen by a trustee and are not known to Romney. The same report cites holdings that are not in his blind trust -- including a mutual fund that contains Fannie Mae and Freddie Mac. The report does not say how much money he has in them. It says only that the mutual fund holding represented between $250,001 and $500,000, which makes up a small portion of Romney's holdings." [/font]
Ouch, I guess. I'm having trouble turning that into something I can use for something.
[font color=blue] "Keep in mind, that Romney denied some of his investments back in January when toe-to-toe with Gingrich (who had similar investments). ... When other Republicans went after him so hard on the Fannie/Freddie point, I felt that was just pandering, yes. " [/font]
Frankly, though I'm a news junkie, I missed all that. Oh, I vaguely remember the Gingrich - Romney exchange at a debate, but remember wondering so what? I'm in invested in funds by a number of mutual fund companies and brokerages. Maybe some of your other readers missed it too, or its significance. Or the significance of any of this.
Now when it comes to unknown amounts in Swiss banks and the Cayman Islands, that I get, and use in my message board wars... along with being a pioneer in outsourcing.
[font color=blue]Nonetheless, I will continue to collect these materials and links.[/font]
Fantastic!