Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Vendome

“The dimensions and the sources of Romney’s wealth, which he has estimated to be as much as $250 million, have become pivotal issues in the roiling GOP primary campaign. For months, Romney dismissed calls to release his personal income tax records. But after mounting criticism from his rivals and others, coupled with his stinging weekend loss to Gingrich in the South Carolina primary, Romney agreed to release his 2010 return and 2011 estimate.

Romney’s most recent financial disclosure report listed several investments in U.S.-backed lenders Fannie Mae and Freddie Mac. Romney, Gingrich and other GOP critics repeatedly have all singled out the two quasi-government entities as prime villains in the housing crisis that played a central role in the nation’s long and deep recession.

While continuing to hammer Gingrich for his consulting work for Freddie Mac, the Romney campaign sought to deflect questions about the former Massachusetts governor’s investments. They include a mutual fund worth up to $500,000 that includes assets from both lenders among other government income, and separate investments in each of the lenders in Romney’s individual retirement account, each worth between $100,000 and $250,000.”

Read more: http://www.seattlepi.com/news/article/Romney-defends-investments-readies-tax-returns-2680492.php#ixzz1kL8dcq4Y


771 posted on 01/23/2012 6:57:36 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
[ Post Reply | Private Reply | To 732 | View Replies ]


To: combat_boots

Please start a thread on this and place in a prominant place


949 posted on 01/23/2012 7:15:05 PM PST by hoosiermama
[ Post Reply | Private Reply | To 771 | View Replies ]

To: combat_boots

Well, I’m sure Newt will find a way to wend it into the conversation and point out his pious duplicity.

However, if it’s just part of some fund and the fund managers have place Fannie/Freddie in the portfolio it’s a loser issue to even get on that dead horse and kick your heels.


1,290 posted on 01/23/2012 7:50:53 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
[ Post Reply | Private Reply | To 771 | View Replies ]

To: combat_boots

LOL

and then NBC points out Romney has $half a million dollars invested in Freddie and Fannie.

Too much.


1,383 posted on 01/23/2012 8:02:07 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
[ Post Reply | Private Reply | To 771 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson