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Romney Ethics Violations?


Posted: Nov 5, 2012

Anyone hear about this and is it true? Can't confirm on snopes for some reason, and they are usually in the loop. UAW started this because he supposedly profited from the auto bailouts due to interestes in Delphi back in 2009?;

"Likely to face ethics complaint" from UAW. FWIW - the day before Election Day? Snopes

[ In Reply To ..]
and other fact checkers, BTW, need time to investigate the stuff flying around the web. They're never out in front.

I'm a Democrat constantly hollering for reforms everywhere, and even I can't get excited at this point about allegations of a stockholder insider "ethics" violation. The concept of business ethics has been joke for a long time now, many laws have been dismantled altogethere, and for the remainder the main consideration is do you have a good chance of getting away with it?

As for Romney, we all know that he built his inheritance into a king's fortune by taking over companies, forcing them into debt, foreclosing on the loans, and then dismantling them to sell the pieces for a profit. Some of us wouldn't touch him with a 10-foot pole. Those who will vote for him don't expect more than what he is.

I read about this a few weeks ago. Can't remember the source, - but it may have been in the Nation. nm

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nm

I'm sorry you don't do your research very well. - backwards typist

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It does sadden me that some people will listen to talking heads and believe every word out of their mouth or every blog/opinion as long as it leans in their favor, yet they can't see what harm is being done. :-(

Hopefully, if Romney wins and turns this economy around, a few people will wake up.

Have a nice evening.

Backwards Typist - fedupMT

[ In Reply To ..]
Hey backwards typist: You sure have a nasty attitude. I can just imagine your personality as I have known other people just like you, know-it-alls, gotta put in your "2 cents worth" and nobody cares!! Why don't you just not say anything if you can't offer something nice to say???

link for you - here

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Thanks for posting - me

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Just read the article, and all I can say there is just no end to this man's lying and deceit. Just like all of his campaign promises, nothing but lies. He will do nothing for the average American but only what will benefit him and his cult. He is despicable.

Here's another one. This one seems more neutral. - backwards typist

[ In Reply To ..]


The United Autos Workers, which has endorsed President Barack Obama, announced Thursday that its members want the US Office of Government Ethics to investigate Gov. Mitt Romney for violations.

The UAW leadership held a press conference in Toledo, Ohio, Thursday, alleging that Romney profited from the 2009 automotive bailout of General Motors and Chrysler Group through an investment in a company that itself was invested in Delphi Automotive. The irony, of course, is that Romney opposed a government bailout of the auto industry.

"The American people have a right to know about Governor Romney's potential conflicts of interest, such as the profits his family made from the auto rescue," said UAW President Bob King in a press release. "It's time for Governor Romney to disclose or divest."

The UAW based its claim that the Romney family profited on an article published in The Nation magazine. That article claimed Romney's family made more than $15 million through the auto bailouts based on investments in a company invested in Delphi.

However, after carefully examining the article, as well as another article in The Huffington Post, it remains unclear exactly how that money was made. Furthermore, the original article noted that Romney's disclosures were not illegal, meaning, in fact, that they were legal.

No matter for the UAW.

"While Romney was opposing the rescue of one of the nation's most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others," King added.


When I say more neutral, I mean it seems to give both sides of the stinted arguments. Huffington Post is very liberal and rarely gives a neutral look at stories, nor do they ever post anything good about conservatives. I think if there was any truth to this so-called violation, the UAW would have brought this out long ago, so the OGE could investigate BEFORE the election, don't you? It's the union's last gasp to try to help Obama.


I found the snopes.com report and am posting the link below.


__________________


The United Autos Workers, which has endorsed President Barack Obama, announced Thursday that its members want the US Office of Government Ethics to investigate Gov. Mitt Romney for violations.


The UAW leadership held a press conference in Toledo, Ohio, Thursday, alleging that Romney profited from the 2009 automotive bailout of General Motors and Chrysler Group through an investment in a company that itself was invested in Delphi Automotive. The irony, of course, is that Romney opposed a government bailout of the auto industry.


"The American people have a right to know about Governor Romney's potential conflicts of interest, such as the profits his family made from the auto rescue," said UAW President Bob King in a press release. "It's time for Governor Romney to disclose or divest."


The UAW based its claim that the Romney family profited on an article published in The Nation magazine. That article claimed Romney's family made more than $15 million through the auto bailouts based on investments in a company invested in Delphi.


However, after carefully examining the article, as well as another article in The Huffington Post, it remains unclear exactly how that money was made. Furthermore, the original article noted that Romney's disclosures were not illegal, meaning, in fact, that they were legal.


No matter for the UAW.
"While Romney was opposing the rescue of one of the nation's most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others," King added.

P.S. IF they investigate Romney for ethnics violations because - backwards typist

[ In Reply To ..]
of his blind trust (which is ridiculous because he has no idea what is held in that blind trust - I posted the definition of that about a month ago), then they HAVE TO INVESTIGATE THE OBAMA'S TOO because THEY HAVE BLIND TRUSTS.

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