Re: Romney to be charged ?

"For Mitt Romney, it's one scary Halloween.  The Presidential candidate has just learned that tomorrow afternoon he will charged with violating the federal Ethics in Government law by improperly concealing his multi-million dollar windfall from the auto industry bail-out."

Extract from the article...

"In 2009, Ann Romney partnered with her husband's key donor, billionaire Paul Singer, who secretly bought a controlling interest in Delphi Auto, the former GM auto parts division.  Singer's hedge fund, Elliott Management, threatened to cut off GM's supply of steering columns unless GM and the government's TARP auto bail-out fund provided Delphi with huge payments.  While the US treasury complained this was "extortion," the hedge funds received, ultimately, $12.9 billion in taxpayer subsidies. 

As a result, the shares Singer and Romney bought for just 67 cents are today worth over $30, a 4,000% gain.  Singer's hedge fund made a profit of $1.27 billion and the Romney's tens of millions. 

The UAW complaint calls for Romney to reveal exactly how much he made off Delphi -- and continues to make.  The Singer syndicate, once in control of Delphi, eliminated every single UAW job --25,000-- and moved almost all auto parts production to Mexico and China where Delphi now employs 25,000 auto parts workers"


http://us4.campaign-archive1.com/?u=33e4ec877eed6a43863a4a92e&id=8c84e1739c

Re: Romney to be charged ?

"being charged" in the US means a prosecutor files a criminal charge so somebody will be indicted or arraigned and possibly arrested and jailed.

This is the UAW filing a complaint with a civil regulator.

It is not "being charged".  The article is agitprop.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Romney to be charged ?

yes agitprop

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: Romney to be charged ?

Both parties used the various bailouts to enrich their friends, donors, special interests, and [let's be honest] themselves. Obama's donors got disproportionate amounts of many stimulus funds. Oh, how shocking, Romney's not a saint either. tongue

This is why I say "no" to bailouts and "yes" to Gary Johnson 2012!

[I wish I could obey forum rules]