Ezra Klein: Mitt Romney's blind trust is managed by his personal family lawyer

[TroyD]

From Ezra Klein of The Washington Post.

https://twitter.com/ezraklein/status/258388592391503872

[avaistheone1]

1. How convenient.

[pnwmom]

2. Right. And that means it doesn't meet Federal standards for blind trusts. n/t

[NCLefty]

3. "A blind trust is an age old ruse. You can always tell the blind trust what it can and cannot do."

Said a guy named Mitt Romney when he was running against Ted Kennedy.

I wish Obama had quoted that one back.

[gateley]

5. That would have been great!

[renate]

6. that's okay... it'll be handy for next time

[SunSeeker]

4. While Obama's investments sit in a Illinois state-managed pension fund he has no control over.

Obama's pension came as a result of serving for years in the Illinois state legislature and is based on years of service and other factors, not necessarily how well the pension does in the stock market. Obama's defined-benefit pension is only valued at between $50,000 and $100,000, per his financial disclosure form.
http://pfds.opensecrets.org/N00009638_2011.pdf

That wouldn't even keep Refalca in oats for one year.

[renate]

7. that would have been a nice retort

Still, I'm happy with the way Romney looked like a huge jerk getting up in the President's grill with "have you looked at your pension? have you looked at your pension"

As if Obama had any personal control over his pension's investments. It's not as though he has a guy whose life is dedicated to making investments for him personally.