Mitt Romney's Top Funders Made Billions On Auto Bailout GOP Candidate Called 'Crony Capitalism'

NationofChange:

Republican Presidential candidate Mitt Romney called the federal government’s 2009 bail-out of the auto industry, “nothing more than crony capitalism, Obama style... a reward for his big donors to his campaign." In fact, the biggest rewards – a windfall of more than two billion dollars care of U.S. taxpayers –– went to Romney's two top contributors.

Read the whole story: NationofChange

Comments

[beltway bandito]

09:54 PM on 02/24/2012

Mit Romney uber alles!

[Aurical]

12:50 PM on 02/24/2012

This madness has got to stop! Please sign the online petitions to get money out of politics and to recall Citizens United. This will always be the result, regardless of the candidate, until this "lobbying" is made illegal and called what it is. Bribery.

[RobbieB]

07:35 AM on 02/24/2012

Suppose Issa will investigate this one? I think not. Someone should, though.

And I wonder if Mitt thinks these partners of his should only be taxed at Capital Gains rates. Of course! Or less.

[l78lancer]

01:45 AM on 02/24/2012

Romney wanted the companies to go into bankruptcy and break up. Romney knows that there was no private capital available. If the bankruptcy had occurred they would have made much more. The entire purpose of that ruse was to permit his buddies scavenge the companies. The government involvement foiled that. The benefit wasn't to let the market take it's natural course. The purpose was to allow these thieves to pillage and loot.

21st century robber barons.

[pmoschetta]

04:10 AM on 02/24/2012

When will the republican voters wake up to the fact that Romney could care less about them, and his only concern is for the 1%?

[chris hatala]

06:21 AM on 02/24/2012

As with all the tpubs, they would float the middle class out to sea on an iceberg if they could.

[l78lancer]

03:50 PM on 02/26/2012

Never. They don't realize that when Romney talks to them about his wife driving 2 Cadillacs on opposides of the country, most of them will never will never drive a Cadillac, let alone own one.

[gevan]

08:28 PM on 02/23/2012

See? Romney knows how to fix the economy...for his rich friends anyway.

[emmanuel kalu]

07:23 PM on 02/23/2012

i am glad this kind of greed theft is coming to light. lets see how many media station would air this. This has got to he be the worst kind of greed. yet those two would probably be paying less than 15%. This is partly our govt fault, for allowing people like this to profit on other people hardship. very sad.

[datenutloaf]

06:45 PM on 02/23/2012

Geeeeez! What a revoltin' development!