(image created by KayInMaine of White Noise Insanity)
Mitt Romney likes to brag that he hasn’t spent many years down in DC hanging out with those people. What Shitty Mitty isn’t telling everyone is that he spent his time over the years with very bad Wall Street insiders who have screwed over the nation and others.
From Think Progress:
The Ponzi Scheme
In 2009, prosecutors announced charges against the Stanford Financial Group, which managed a portfolio of $8.5 billion, for running a “massive, ongoing fraud” against its investors. The Ponzi scheme bust was one of the largest in recent history, second only to Bernie Madoff, who perpetrated a fraud estimated to be around $17 billion. The Stanford Ponzi scheme wiped out the savings of thousands, including many American retirees across the country. In Texas, 1290 people lost their retirement savings because of the Stanford Ponzi scheme; in Louisiana, several hundred reportedly suffered the same fate.
The Romney Business Connection
Solamere Capital, the investment company founded by Tagg Romney with seed money from his father, Mitt Romney and other investors.
Launched in 2008 by Romney’s son Tagg and a few others, including Mitt Romney’s chief fundraiser Spencer Zwick, Solamere Capital is a “fund of funds,” meaning that it primarily invests in other investment companies, like private equity groups.
Mitt Romney himself made a $10 million initial seed investment in Solamere Capital and his personal financial disclosure forms reveal that he has received between $100,000 and $1 million in returns from his stake in Solamere. Romney has come under fire for refusing to release his tax returns, which would likely reveal additional details about his financial relationship with Solamere Capital.
After news of the Ponzi scheme precipitated the collapse of Stanford in 2009, Tagg partnered with several of Stanford’s North Carolina executives to start a firm called Solamere Advisors. At least three prominent brokers who had worked for Stanford — Tim Bambauer, Deems May, and Brandon Phillips — joined Tagg to help run Solamere Advisors, a wealth management business located in Charlotte, North Carolina. “We are excited to be associated with such a highly capable group of financial advisors with a proven track record of meeting the needs of their clients throughout the Southeast,” said Tagg in a press release announcing Solamere Advisors, which borrows its the name from its parent company, Solamere Capital.
Click on the link to read more!
Mitt Romney’s adviser is H. Lee Scott Jr., you know, the Wal-Mart executive involved in a bribery cover-up! Oh man, the list goes on and on. If you’ve ever wondered why Mitty the Millionaire Mormon is so out of touch with the common people of America, now you know why!
Maybe this is why Shitty Mitty won’t release his tax returns for the past 6 years? He’s got a lot to hide from the American people! But hey, when you’re palling around with Wall Street Insiders, hiding the truth is the #1 thing you do! Backroom deals are a plenty….
(image created by KayInMaine of White Noise Insanity)
OMG, this is too good. I wonder if this is why Sarah “Bible Spice” Palin came out very quickly recently to tell everyone she’s not running for president? I mean, really, could be the reason why because it looks a little odd and treasonous when you know Bloomberg is going to do an expose on the Koch Brothers revealing their illegal trade deals with America’s enemy, Iran, and you are also in the back pocket of the Koch Brothers, so it also would be a good thing to drop out of sight!???!!!
“It’s ironic that Sarah Palin, whom the Koch brothers money paid to speak on behalf of the “Tea Party,” has accused President Obama of “palling around with terrorists.” See, the money from those petrochemical sales funded Americans for Prosperity which funds the Tea Party which pays people like Sarah Palin and Glenn Beck to speak. David Koch is in fact the founder of Americans for Prosperity. This money trail is no longer murky.”
Beck meets with the Koch Brothers all the time, but what I want to know is, did Paul LePage (guv’nah of Maine) go down to Jamaica recently to also meet with the Koch Brothers too? He went down there with no staff members and his wife (he didn’t even bring his “adopted son from Jamaica” with him on the trip either). Hmmmmmmmmmmmmmmmm. Is the guv’nah of Maine doing business with the Koch Brothers/Iranians and palling around with terrorists???? Hey, anything is possible at this point!
(image found on Democracy Watchdog Action Network on Facebook)
Where’s the “liberal media”? You would think the liberal media would be down there in NYC making sure every inch and hour of the Occupy Wall Street was recorded for the nation and the world to see, but so far, CRICKETS. You see, there’s a rumor that has gone around for decades now that the media is liberal and we should not trust it. Liberal to me means the media is all about telling the truth, but yet, the natives are getting restless and they’re rising up against Wall Street, because the Wall Street whores have fucked over America and the world (they’ve given America & the world a venereal disease!), and we have to go to Facebook to find out the latest on these protests! Seriously, what is wrong with this picture?????
When liberals protest Wall Street, they get arrested…
…..but when the lame-o tea bags protest anything, they get non-stop 24/7 media coverage and a ton of respect!
Eighty people arrested so far for Occupying Wall Street. Isn’t that great? Oh, but it’s okay for a tea bag to bring a loaded fucking gun to greet President Obama with at a protest rally!
What is going on here? I think we all know the truth: THE LAMESTREAM MEDIA IS RIGHT WING! Always has been. Remember when Bill Clinton and Monica Lewinsky were rolling around between the sheets? Non-stop coverage by the media! Remember when George Bush lied America into an illegal war with Iraq based on fake/fraudulent/forged evidence? No investigations done by the media to stop this illegal war!
See the difference? I do.
On my Facebook page I recently asked this, “Where’s the tea party? I thought they were all about truth and justice? Ha! You couldn’t find one dried up tea bag at these protests because they side with the Billionaire Koch Brothers and the wealthy hedge fund manager who started the tea party movement. See?….”, and the one and only response I got from one of the teabaggers on my Facebook was, “because it doesn’t matter”. Wha? It doesn’t matter??? IT DOESN’T MATTER??????? WTF! Seriously, the tea bag party is about as useful as a piano is in catching a fish!
What is the lamestream media afraid of? Why aren’t they covering these protests 24/7? Is it because they’re in the fucking bag with the billionaire Nazis of America and don’t want Americans to truly understand of what these assholes have done to our nation and the world? You betcha!
ARREST THE FUCKING HEDGE FUND MANAGERS, THE BANKERS, THE WALL STREET INSIDERS, THE OIL SPECULATORS…………..but don’t arrest the Americans who are trying to bring their crimes to the surface! Oh, and media? START COVERING THE REAL AMERICA PLEASE!
You can watch the video HERE (the following pictures are screenshots from this video)….
I have no idea if these people truly work for Wall Street since the police moved the protest against Wall Street away from there (freedom of speech ends when Wall Street is involved! Gawd forbid the criminals have to see the angst they’ve caused!), but these people obviously aren’t participating in the protest, which tells me they side with Wall Street.
See how smug they are? This is what is wrong in America: Wall Street whores have wrecked the country financially and when they see The People protesting against their crimes, what do they do? They look smugly upon the working class and drink champagne!
The Class Wars always start with the wealthy. Always have. They love this shit. They enjoy this kind of war (and they financially prosper with illegal George Bush wars! See?).
I despise them.
One good thing? Roseanne Barr came down to the protest to speak her mind! Roseanne grew up in poverty and even though she’s wealthy today, she understands the plight of the poor and middle class. She’s a lot like my Dad who grew up in abject poverty in Portland, Maine years ago. He has money today, but you would never know it, because he lives his life remembering how hard those days of his life once was. He appreciates everything. He and Roseanne make me so proud! Roseanne speaking to a small crowd of protesters…
Finally! Fannie Mae & Freddie Mac were the victims during the Bush Years of the greedy Big Banks and it’s about time they took a stand against these Pigs!
From AmpedStatus Report:
Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve.
FHA Files a $196 Billion Lawsuit Against 17 Banks
The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), today filed lawsuits against 17 financial institutions, certain of their officers and various unaffiliated lead underwriters. The suits allege violations of federal securities laws and common law in the sale of residential private-label mortgage-backed securities (PLS) to the Enterprises.
Complaints have been filed against the following lead defendants, in alphabetical order:
1. Ally Financial Inc. f/k/a GMAC, LLC – $6 billion
2. Bank of America Corporation – $6 billion
3. Barclays Bank PLC – $4.9 billion
4. Citigroup, Inc. – $3.5 billion
5. Countrywide Financial Corporation -$26.6 billion
6. Credit Suisse Holdings (USA), Inc. – $14.1 billion
7. Deutsche Bank AG – $14.2 billion
8. First Horizon National Corporation – $883 million
9. General Electric Company – $549 million
10. Goldman Sachs & Co. – $11.1 billion
11. HSBC North America Holdings, Inc. – $6.2 billion
12. JPMorgan Chase & Co. – $33 billion
13. Merrill Lynch & Co. / First Franklin Financial Corp. – $24.8 billion
14. Morgan Stanley – $10.6 billion
15. Nomura Holding America Inc. – $2 billion
16. The Royal Bank of Scotland Group PLC – $30.4 billion
17. Société Générale – $1.3 billion
These complaints were filed in federal or state court in New York or the federal court in Connecticut. The complaints seek damages and civil penalties under the Securities Act of 1933, similar in content to the complaint FHFA filed against UBS Americas, Inc. on July 27, 2011. In addition, each complaint seeks compensatory damages for negligent misrepresentation. Certain complaints also allege state securities law violations or common law fraud. [read full FHFA release]
We knew it would be a matter of time before the America-haters reared their ugly heads! The S&P on behalf of the tea party hate group has downgraded America’s credit rating before even doing the same for Italy, Spain, or France. See? They hate America!!!! This American company has downgraded America’s debt rating for the first time in our nation’s history, but they don’t want us to believe that this move has nothing to do with the skin color of our current president or politics!
“The U.S. immediately lashed out at S&P, with a Treasury Department spokesman saying the firm’s analysis contains a $2 trillion error. The spokesman, who asked not to be identified by name, didn’t elaborate, saying the mistake speaks for itself.”
A $2 trillion error in S&P’s calculations, but that hasn’t stopped these asswipes at all!
How much more can our nation take with these right wing fringers in charge????
Awwwwww, poor widdle Joe Scarborough. He doesn’t care that the republicans hold press conferences questioning President Obama’s birth place or yelling “You lie!” during one of President Obama’s State of the Union speeches, or when the republicans use every chance they get behind President Obama’s back to insult him. All Joey cares about is the republican’s feelings!
Well guess what, Joey? PHUCK OFF and STFU!
President Obama had every right yesterday to tell Paul Ryan that his atrocious budget bill that destroys Medicare is unAmerican, because it is!
Here’s Maine’s US Congressman Mike Michaud’s reaction to President Obama’s speech:
“Maine families and businesses all have bills to pay and budgets to balance and our country is no different. I appreciate that the President is finally speaking out on the need to reduce our debt. He appears sincere, and it’s my hope that his engagement can help forge a bipartisan solution. All sides of this debate need to be open to some compromise, and I think the President understands that.
“After carefully reviewing the House Republican’s budget plan, I’ve concluded that I cannot support it when it comes up for a vote later this week. It’s partisan, and it doesn’t represent a balanced plan. In fact, it would privatize Medicare and increase future health care costs for seniors. It also severely undermines Medicaid, which is a major way seniors receive long-term care. But it does all this while cutting taxes for the wealthiest Americans and continuing unaffordable subsidies for special interests like major oil companies.
“There is no question that we must rein in our debt, but we must do so in a balanced way that doesn’t threaten our economic recovery. An honest and balanced budget plan to reduce our national debt must look at all government spending, entitlements, and revenues. We are not going to solve these problems overnight. But I remain hopeful that bipartisan negotiations will yield a balanced plan that both parties and the President can embrace.”
Paul Ryan won’t stop until the funds of Medicare are on the stock market so his cronies on Wall Street can cook the books and steal the money!
Here’s the pro-billionaire’s response to President Obama’s speech…
CNN.com has a poll up on their front page asking, “Which party do you trust more in the battle over the U.S. federal budget?”. Of the 36,800 respondents, most said that neither party is, but those same respondents stated that it’s Democrats over republicans when it comes to this battle:
But I thought the reason why the republicans were put in control of the US House of Representatives in 2010 was because they were the answer to our nation’s prayers? Nope! Guess not! What we’ve seen coming from the republican camp is: WEAK IDEAS, WEAKNESS, AND WEAK LEADERSHIP. They have a new party meme: Weak Party Who Wants To Vacation Rather Than Work Hard For The American People!!
And the republicans are not just weak in Washington, DC. They’re weak here in Maine too. What is the pressing issue here in Maine that is covered in every newspaper and news channel non-stop and is being used to divert attention away from the fact the republicans (who control both the House & Senate here) are weak? MAKING THE WHOOPIE PIE THE STATE’S TREAT (yeah, in a state that is filled with blueberries! Go figure!)! See? The nutcases made lots of promises on the campaign trail in 2010, but now they don’t want to work hard, they have no new ideas, and it’s much easier for them to weaken rules, laws, and regulations to appease their lazy friends in our state and out of state who want to do business here!
WEAK, WEAK, WEAK!
The reason why republicans are for tax cuts for the wealthy is: THEY KNOW THE WEALTHY WILL HOARD THEIR MONEY, PAY LESS TO THE FEDERAL GOV. IN TAXES, AND UNEMPLOYED PEOPLE WILL ALSO PAY IN LESS IN TAXES TOO. What does this all mean? It means the less money going to the Feds the quicker Grover Norquist’s dream of making the American government small enough to drown in a bathtub will be created! They want America to fail!
The republicans don’t care about the poor or the middle class. They only care about giving more money to the people who don’t need it, who always lay off people when they get a nice ole tax break, and they only care about their cushy life while eating a sandwich in front of a starving child!
TO PRESIDENT OBAMA: End these tax cuts for the wealthy! VETO ANY BILL THAT EXTENDS THE LIFE OF THE JOB KILLERS! Don’t compromise with the republicans because if they had the chance they would literally stab you and your family to death! They don’t care about you, they don’t like compromising against corporate welfare, and they certainly can’t be trusted!