Nobody knows. The maximum value of his contribution is something like $450,000...how he got it up into the tens or hundreds of millions is unclear.
I've seen people get up to say $10mm via self direct IRAs - basically not investing in stock of a public company, but in private companies. Obviously for him to get to $100mm, he'd have to bet the house on something that went nuts (i.e, say Google or Facebook way pre IPO) or more likely, there is some loose accounting related to values of assets when transferred in, etc.
We should put Romney in charge of the social security and medicare program, he would make them solvent in a couple years with his magic touch.
Maybe Romney is just hiding from facts... The GOP’s War Against Facts The truth became dangerous for the Republican Party when it ran out of arguments. By Dahlia Lithwick and Raymond Vasvari Someday political scientists will try to date the decline of reasoned discourse in America to the moment when the left and the right began to invent their own facts. Climate change deniers, the purveyors of lies linking abortion to breast cancer, and creationists will all be blamed for the end of meaningful debate between liberals and conservatives. But that’s not quite right. The real end of civic discourse can be traced to the new conservative argument that facts themselves are dangerous. It’s a dangerous contention not just for what it hides, but also for what it reveals: a lack of any other arguments. It’s tough times for facts in America. First Mitt Romney—interviewing for the position of president—declined to release his tax returns because, as he explained, the Obama team’s opposition research will “pick over it” and “distort and lie about them.” He isn’t actually claiming that his opponents will lie. He’s claiming he’s entitled to hide the truth because it could be used against him. As Jon Stewart put it, “You can’t release your returns, because if you do, the Democrats will be mean to you.” These are tax returns. Factual documents. No different than, say, a birth certificate. But the GOP’s argument that inconvenient facts can be withheld from public scrutiny simply because they can be used for mean purposes is a radical idea in a democracy. It has something of a legal pedigree as well. Read the rest at the link in the deadline.
good thing he's wants to raise taxes on those making less money so that he can get a huge tax break then.
The only problem is that this is breaking too early. They should have held this back for an October surprise.
After four years of the media refusing to cover anything negative on the sleaziest, most unqualified President in the history of our country, there is a collective rush to publish false information about trivial issues relating to Mitt Romney. The double standard has never been more on display than now. I wonder if all of the American families struggling in this horrific economy will continue to listen to the biased media this election? With Romney leading in the polls that matter (i.e. not the Quinnipiac or Pew push polls with huge oversampling of democrats), the media is doing their part to turn the tide for Obama. The only problem for Obama is that he has an entire closet of shading dealings, troubling relationships, and concealed information... some of which could come to light at any moment. The only question is whether Americans will be deceived by Obama's unscrupulous campaign again. Or after beeing fooled once, they have gotten smarter. We'll see.
The list of People Conspiring Against the GOP, and therefore, America (LOPCATGOPATA for short): Liberals Democrats Socialists Community Organizers Geologists Biologists Meteorologists Climatologists Atheists Muslims Jews Satan ABC NBC CNN CBS PBS All of cable news except FNC The New York Times The LA Times The Washington Post The Associated Press Reuters BBC The Guardian Black People Mexicans Human Rights Activists SCOTUS Europe Movie Industry Television Industry Environmentalists ACLU The United Nations Labor Unions Colleges Teachers Professors ACORN National Endowment for the Arts Gays Judges NPR Paleontologists Astrophysicists Museums (*except Creationism Museum) WHO WTO Inflated tires The Honolulu Advertiser The Star Bulletin Teletubbies Sponge Bob and Patrick Nobel Prize Committee US Census Bureau NOAA Sesame Street Comic Books Little Green Footballs Video Games The Bible CBO Bruce Springsteen Pennies The Theory of Relativity Comedy Central Young People whatever the hell a Justin Beiber is Small Business Owners Math CPAC Navy SEALs The Economist The Muppets Iowa Republicans Low-Flow Toilets Penguins Rainbows United States Secret Service Nuns Jeff Bezos Breast Cancer Screenings Chrysler Clint Eastwood Robert Deniro Tom Hanks Glenn Frey Bono Bono Impersonators Former Republican Senator Alan Simpson Norman Rockwell James Cameron Dr. Seuss The Brookings Institution Tax Policy Center
Are you serious? A CNN report using an unnamed source, commenting on Harry Reid's accusation based on an unnamed source, then reported on Daily Kos? Somehow that turns into "CNN confirms..."? Unbelievable misleading and shameful.