General Discussion
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(51,457 posts)Drale
(7,932 posts)Just looking at the graphic, I'd say Mitt Romney is a extremely rich mother fucker who has so much money he doesn't know what to do with it all.
Iris
(15,657 posts)n/t
DefenseLawyer
(11,101 posts)Frustratedlady
(16,254 posts)first place. Like Bill Cosby once said, "They're trying to buy their way into heaven."
As for the church, he was trying to work his way to the top so he can save us all when the 2nd coming comes around.
Give that man a suit of armor and a white horse. Fulfill his dreams.
madinmaryland
(64,933 posts)galaxyS3
(19 posts)Or is the graphic false? It seems that I have read all these are true, are they not?
kentuck
(111,097 posts)I hope you are not going to vote in this election...no matter if you're voting for our guy.
galaxyS3
(19 posts)If not we are done talking.
PatSeg
(47,457 posts)which includes a link regarding the claims in the graphic.
WinkyDink
(51,311 posts)Ruby the Liberal
(26,219 posts)He didn't want to pay ordinary income taxes. Vultured enough in carried interest and capital gains that he didn't need the higher tax liability that would have come from a regular job.
galaxyS3
(19 posts)Are implying?
kentuck
(111,097 posts)I know better.
galaxyS3
(19 posts)kentuck
(111,097 posts)If he took no inheritance for 28 years, how did he end up with a $100 million dollar IRA in a foreign account? And he was on a mission to Paris during the Vietnam War, while some like myself was serving our country. By the way, have you read about the little accident he had while on his "mission"?
Do you not have a problem with people running for President putting most of their wealth in foreign countries? What happens if we have a dispute with that country while he is President?
Took no pay as President of the SLC Olympics? But did take an exorbitant amount from the taxpayers, relatively speaking, of $1.3 billion dollars. We saved the Olympics, not Mitt Romney.
And paid 14% taxes on $20 million dollars of income last year and want to cut taxes by another 20%. And you probably think he wants to balance the budget?
TwilightGardener
(46,416 posts)Dad's campaign"? Church official? SRSLY??
kentuck
(111,097 posts)Guitarzz
(105 posts)rfranklin
(13,200 posts)He was already using it as a springboard to higher office. So he didn't deserve to take a salary.
The Olympics was another way to polish his credentials. It was not "saved" by Romney. Instead the Salt Lake City Olympics were bailed out with taxpayer money to the tune of $1.3 billion dollars.
"One can argue whether its appropriate to include the $1.1 billion that may or may not have been sent to Salt Lake City without the Olympics in the total tally of the costs of the 2002 games. But when the DNC cites the $1.3 billion for the 2002 games, it compares it to $75 million for the 1984 Los Angeles Games. Thats not an apples-to-apples comparison. The federal government spent $78 million in direct costs for the 1984 Olympics as opposed to $342 million in direct costs for the 2002 Olympics."
http://www.factcheck.org/2012/02/slaloming-through-olympic-facts/
There is also the Mormon connection. Salt Lake City is their base location and the cult benefited from all the publicity and from much of the money spent on the Olympics.
All of his "charity" work for the church is self serving since they only spend any donations or influence to enhance the growth and power of that church. So fine if you believe that the Church of Latter Day Saints is representing your interests. For most of us, that would be negative.
PatSeg
(47,457 posts)he spent 200 days out of state, campaigning for other republicans and building relationships for his eventual run for the presidency. Yes, he only used MA "as a springboard for higher office" and left office a very unpopular governor.
kentuck
(111,097 posts)...can't stop laughing...
TwilightGardener
(46,416 posts)a millionaire once over, this might mean something. If you are worth $200 million--WHO GIVES A SHIT?
aletier_v
(1,773 posts)No wonder he can't relate to regular voters.
louis-t
(23,295 posts)"Mother Teresa" Romney. Yeah, right.
kentuck
(111,097 posts)If you don't count his $100 million dollar IRA in an overseas account...
Wait Wut
(8,492 posts)28 years without a paycheck? OMG! How did he ever survive!? I couldn't live 2 weeks without a paycheck. He must be a genius...or something. And, all that money to charity (his church). What a damned saint! No paycheck, gives up his inheritance and STILL donates to his church??
How did he DO it??? It must be magic!!!
kentuck
(111,097 posts)Which he can tap into any time he wants. That's their religion.
Wait Wut
(8,492 posts)While many churches abuse the privileges, there are many, many small churches that truly use those funds to help the community. A lot of those churches are in inner cities.
But, I know too many people (Reps/Cons) that use their donations as a lapel pin that says they donate 'so much' to charity. Just like when they 'volunteer' at local food banks. A friend of mine has been a volunteer at one of our local food banks for years. She said they volunteer in 'gaggles' (heh...). She'll get a group of them all at once and all they do is bitch about the people that come in for help. Sort of defeating the whole purpose of volunteering to FRIGGIN' HELP THE NEEDY!! (sorry for yelling) One actually wrote a LTE in our local paper saying that people coming to food banks should have to show ID proving they're citizens. How very saintly.
Romney's idea of charity is giving to people/organizations that benefit themselves. His idea of volunteering is how his sons are 'serving their country by working for his campaign'.
mnhtnbb
(31,389 posts)kentuck
(111,097 posts)Tennessee Gal
(6,160 posts)I did some research this particular stupid claim, but it is on my home computer. Here is a link I found that is pretty good for refuting this crap.
http://siliconcowboy.wordpress.com/2012/08/20/mitt-romney-served-without-pay-for-28-years-really/
PatSeg
(47,457 posts)Great response!
galaxyS3
(19 posts)kentuck
(111,097 posts)WinkyDink
(51,311 posts)JaneQPublic
(7,113 posts)...all the jobs and potential tax revenue he sent overseas.
TwilightGardener
(46,416 posts)got what they paid for. Didn't pay him, got next to nothing out of him.
AzSweet
(102 posts)A Mormon is REQUIRED to serve without pay, to pay 10% of gross income to the church. If they dont, they are not a member in good standing, and cannot enter the temple to be married, attend childrens marraiges, baptize dead people, bless babies...etc..etc. And all their relatives and church members will know they are not a member in good standing, if they cant do all that stuff. And must be nice to be able to work for free...no, Mitt is definitely not a charitable person.
WinkyDink
(51,311 posts)KamaAina
(78,249 posts)For one thing, we now know he was working at Bain while running the Olympics. For another, if he'd given his entire inheritance to charity, how did he and Queen Ann have stock to live off of in their poverty days?
"Unpaid intern in Governor's office?" Which one? Could it have been Gov. George Rmoney, by any chance?
denverbill
(11,489 posts)He spent 9 entire years from age 15-24 doing unpaid political work instead of studying. He's another GWB. Uneducated son of privilege.
Then 2 more years in a missionary position. I'm not sure what he got out of that, except a chance to dodge serving his country in Vietnam.
Kindly Refrain
(423 posts)Initech
(100,076 posts)Took no pay and salary - while robbing companies stupid.
That's the kind of guy Romney is - full of bullshit.
WinkyDink
(51,311 posts)yellowcanine
(35,699 posts)Xyzse
(8,217 posts)One has to wonder what charity that is. If it is towards the Church, that doesn't really mean it goes to charity as he has a handle on that wealth and funds, being a President of that section of the LDS church.
I can not substantiate that, since all of that seems to be heresay. I have no actual hard documents to show if that is true or false. Just because someone says it, if there is no documentation, I am not sure of it.
Volunteered for his father's gubernatorial campaign for 1 year:
Volunteering for a family member's political ambitions does not mean you don't get fringe benefits in regards to monetary compensation or anything. Particularly that being his father. Being part of the family means you can earn or get compensation by other means. The other thing that happens is that with volunteer work in such a manner, you get key contacts for the advancement of your own business interests. Be it advice on stock, furtherance of key goals through monetary contributions, and investing in businesses that you own.
Unpaid intern in Governor's Office for 8 years:
There is a reason people intern for politicians even if they don't get paid. It goes back to point 2 where you get compensation in other means, through contacts and the furtherance of your business interests. It also allows you to get your foot on the door on people who will invest in you. I would love to have stocks and business ownership while being an "unpaid intern" who gets help on those other things from the contacts one makes.
Mormon Missionary for 2 years in Paris:
Yes, that seems great, if you don't count that being a way to dodge the draft during Vietnam.
Unpaid President in his church for 10 years:
Yeah, sure, and that also means utilizing the money of the church for their own gain. What do business people know how to do? Use other people's money to make money. Awesome!
Took no pay as President of Salt Lake Olympics for 3 years:
Note a few prior threads about this
http://www.democraticunderground.com/10021002939
http://www.democraticunderground.com/1251121277
Which mentions bribery scandals, being bailed out by the Federal Government which he used for infrastructure and other things, while somehow pocketing the difference.
Took no pay as Massachusetts Governor for 4 years:
Well some people here have already mentioned things about that here. If I had to guess, he used the governorship as a tool for helping his business partners first, who then helps him out right after.
Please note, that many of the jobs provided in that graphic are jobs people do for free due to the extreme fringe benefits that one gets. Sure, you don't get paid, but you get paid in the contacts you make.
Basically, you rub someone's back they rub yours. It means people investing heavily in your businesses, making things run a bit more smoothly when you're in trouble. People won't be doing that if they don't get compensated in other ways. Besides, the type of compensation you get from doing something like that is:
Tax Free, and you can actually claim some of that on your taxes too! So, if you're like Mitt who basically lives through his stocks, dividends and trust funds, as well as have a company you own/are attached to, well that is actually a great deal. You earn more through your passive income than your salary on any of those things could.
I mean think about it, the most you could earn in any of those fields at the most is a six figure income. If you're earning over 7 figures, get more people to know who will help you on your business ventures, and earn a tax break to boot? That is where the money is at.
Oh also, please note, that Romney was the Owner and Sole Proprietor of Bain for a while, and so if:
http://www.democraticunderground.com/1002990007 where his campaign during Governorship says that he actually didn't work for Bain, but just invested in it is true, well, he really hasn't made any sort of job creating business of any sort.