Romney (Photo credit: Talk Radio News Service)
Why? Because pensions will be lost – health care lost, jobs taken to China were working conditions are just this side of Milton’s purgatory.
in their 2011 and 2012 Federal Financial Disclosure filing, Ann Romney’s trust lists “more than $1 million” invested with Elliott.
[snip]
Since the November 2011 IPO, Delphi’s stock has roared upward, boosting the Romneys’ Delphi windfall from $10.2 million to $15.3 million for each million they invested with Singer.
[snip]
But what if the Romneys invested a bit more with Singer: let’s say a mere 3 percent of their reported net worth, or $7.5 million? (After all, ABC News reported—and Romney didn’t deny—that he invested “a huge chunk of his vast wealth” with Singer.) Then their take from the auto bailout so far would reach a stunning $115 million.
Yeah, sure, he’ll get tough on China… And I’ll stop taking free books.
Related articles
- Another Romney Investment: 25,000 jobs lost, buys Factories in China, costs workers $1 billion in pensions (freakoutnation.com)
- How Romney Profited from the Auto Bailout (thedailybeast.com)
- Romney did ship auto jobs to China (southofheaven.typepad.com)
- Romney & Co Shipped Every Single Delphi UAW Job to China (thepeoplesvoice.org)
- Romney Profited From Auto Bailout (news.firedoglake.com)
Joel L. Watts holds a Masters of Arts from United Theological Seminary with a focus in literary and rhetorical criticism of the New Testament. His interests include exploring the role of mimesis in human civilization, specifically in the study of religion and media, as well as science fiction and the way in which it has allowed mythology to be explored in light of scientific discoveries of the past century. He is the author of Mimetic Criticism of the Gospel of Mark: Introduction and Commentary (Wipf and Stock, 2013) and a co-editor and contributor to From Fear to Faith: Stories of Hitting Spiritual Walls (Energion, 2013).
Website: → Unsettled Christianity
Connect
” jobs taken to China where working conditions are just this side of Milton’s purgatory”…but Romney said the factory he visited in China had guard towers and barbed wire around it to keep all the Chinese on the outside from getting in. I think we ought to ship Sununu to China. He looks, and thinks along the lines of Mao. They may worship him there.