Now that Romney is the defacto Republican Presidential Nominee, I want to present some facts about his campaign contributions. These facts will clearly outline how overwhelmingly generous the financial sector has been to Romney, obviously expecting he will be favourable to their interests.
Romney supports SuperPAC (political action committee) funds, which allow corporate, union, and individual campaign contributions without legal limits. These SuperPAC funds allow corporations to financially hijack political campaigns with their vast wealth, which grass roots contributions cannot hope to compete with. Below is the example of the Restore Our Future SuperPAC, which supported Romney's campaign. Here are four of the eight of the largest contributors (overwhelmingly financial companies and figures):
-Robert Mercer, Renaissance Techonolgies (Hedge Fund Management) $1 million.
-Julian Robertson, Former CEO Tiger Management (Hedge Fund) $1 million.
-Paul Singer (also a larger Bush campaing contributior), Elliot Management (Hedge Fund) $1 million.
-John Paulson, Paulson & Co (Hedge Fund) $1 million.
Restore Our Future also accepted $890,000 from Federal Contractors, despite a 36 year ban on campaigns receiving donations from Federally contracted companies. Obviously this ban is in place to prevent corruption in awarding Federal contracts, i.e. naval bases, as seen in the linked article.
Romney is rich. His net worth has been estimated as $190 to $250 million. He is quoted as saying "Ann (his wife) drives a couple of Cadillacs, actually".
Here are the top contributors to Mitt Romney's campaign:
-Goldman Sachs: $535,680
-JP Morgan Chase & Co: $375,650
-Morgan Stanley: $323,800
-Credit Suisse Group: $299,160
-Citigroup: $282,765
-Bank of America: $277,850
After all the bank bailouts have dumped onto the backs of the American taxpayers, are they seriously going to elect a man who is being crowd surfed on the hands of banks and hedge fund managers? Just from looking at these campaign contributions and Romney's receipt of corporate money via SuperPAC funds (and the fact he's Republican), one can easily see this man will favour big business. He's even quoted as saying "I'm not concerned about the very poor. We have a safety net there. If it needs repair, I'll fix it". He absolutely should be concerned about the very poor, as more and more Americans are slipping into that category. According to the US Census Bureau, as of 2010 46.2 million Americans (15.1% of the population) are living in poverty. And now as every US taxpayer is on the hook for $138,066 of federal debt, the picture is grim.
Romney supports SuperPAC (political action committee) funds, which allow corporate, union, and individual campaign contributions without legal limits. These SuperPAC funds allow corporations to financially hijack political campaigns with their vast wealth, which grass roots contributions cannot hope to compete with. Below is the example of the Restore Our Future SuperPAC, which supported Romney's campaign. Here are four of the eight of the largest contributors (overwhelmingly financial companies and figures):
-Robert Mercer, Renaissance Techonolgies (Hedge Fund Management) $1 million.
-Julian Robertson, Former CEO Tiger Management (Hedge Fund) $1 million.
-Paul Singer (also a larger Bush campaing contributior), Elliot Management (Hedge Fund) $1 million.
-John Paulson, Paulson & Co (Hedge Fund) $1 million.
Restore Our Future also accepted $890,000 from Federal Contractors, despite a 36 year ban on campaigns receiving donations from Federally contracted companies. Obviously this ban is in place to prevent corruption in awarding Federal contracts, i.e. naval bases, as seen in the linked article.
Romney is rich. His net worth has been estimated as $190 to $250 million. He is quoted as saying "Ann (his wife) drives a couple of Cadillacs, actually".
Here are the top contributors to Mitt Romney's campaign:
-Goldman Sachs: $535,680
-JP Morgan Chase & Co: $375,650
-Morgan Stanley: $323,800
-Credit Suisse Group: $299,160
-Citigroup: $282,765
-Bank of America: $277,850
After all the bank bailouts have dumped onto the backs of the American taxpayers, are they seriously going to elect a man who is being crowd surfed on the hands of banks and hedge fund managers? Just from looking at these campaign contributions and Romney's receipt of corporate money via SuperPAC funds (and the fact he's Republican), one can easily see this man will favour big business. He's even quoted as saying "I'm not concerned about the very poor. We have a safety net there. If it needs repair, I'll fix it". He absolutely should be concerned about the very poor, as more and more Americans are slipping into that category. According to the US Census Bureau, as of 2010 46.2 million Americans (15.1% of the population) are living in poverty. And now as every US taxpayer is on the hook for $138,066 of federal debt, the picture is grim.
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