Sunday, November 4, 2012

The Romneys’ Hands Caught In The Cookie Jar, Time For Mitt To Prove Himself

It was learned yesterday that Mitt and Ann Romney have more than likely broken ethics laws. The law is simple; The writes:
Federal law requires that candidates disclose stock holdings that are affected by government action—and Romney’s million-dollar (at least) investment in a hedge fund that bought up Delphi stocks surely fits that bill…  Under any rational interpretation of the Ethics in Government Act of 1978, these are holdings that a presidential candidate would need to disclose, because they can be affected by government action.”

On Thursday afternoon, UAW President Bob King and SEIU Vice President Tom Woodruff, among others, called for an official investigation into Mitt Romney’s investments and the possible ethics violations stemming from those investigations. Mitt’s investments in Delphi stock, through a blind trust in Ann Romney’s name, is the center of  attention because the investments clearly raise concerns of violations.
The event on Thursday was held in Toledo, OH. A strongly worded letter was sent to Mr. Don Fox, General Counsel and Principal Deputy Director, United States Office of Government Ethics. Excerpts from the letter reads as follows:
We are writing to provide you with further evidence of the pressing need to conduct the investigation we requested in our previous letter of August 23, 2012 into presidential candidate Mitt Romney’s financial disclosures, which do not appear to be in compliance with the Ethics in Government Act, 5 U.S.C. App. § 101 et seq.

As we stressed in our initial letter, those disclosures lack information about the candidate’s stock holdings which the public has a right to know. As you are aware, the Act requires candidates for federal office to disclose their financial holdings so that the public can identify potential conflicts of interest and personal economic  priorities of federal officials and candidates. While some officials use blind trusts to satisfy these disclosure requirements, Mitt Romney himself has said “The blind trust is an age-old ruse, if you will. Which is to say you can always tell a blind trust what it can and cannot do.”
The issue is not if or how much money the investment made, the issue is that, in all honesty, a Presidential candidate must release certain financial information as proof that he/she is of a caliber that is high enough – sterling enough – to represent the country on a global stage.

It is high time that Mitt and his ‘blind’ trusts are investigated. How can he run for the Presidency without revealing his (in my opinion) tainted and questionable taxes? I refuse to have an alleged thief for a President and the onus lies upon him to prove his quality and commitment to represent America…and by extension, the world.

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