In a previous post, "UAW Charges Romney With Profiteering From Auto Bailout," Greg Palast's report that Romney secretly made millions, and his biggest donors billions, off the taxpayer funded auto bailout got some attention.
Palast had written about how Mitt and “Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.” And the UAW and others listened.
Bob King, President of the United Automobile Workers pointed out that Mitt Romney was busy writing op-eds opposing the Detroit auto rescue, but was even busier making money with his Delphi investor group “off the misfortunes of others.”
In the video below, you'll hear King's first hand account of how the UAW and Citizens for Responsibility and Ethics (CREW) “have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney’s so-called ‘blind’ trust.”
Here is Ed Schultz interviewing him on last night's "The Ed Show":
Greg Palast previously reported that Romney secretly made millions, and his biggest donors billions, off the taxpayer funded auto bailout. He wrote about how Mitt and “Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.”
As Bob King, President of the United Automobile Workers pointed out, Mitt Romney was busy writing op-eds opposing the Detroit auto rescue, but was even busier making money with his Delphi investor group "off the misfortunes of others."
Greg Palast now has a follow-up at Truthout:
[Mitt Romney] has just learned that tomorrow afternoon (November 1) he will be charged by the United Automobile Workers (UAW) and other public interest groups with violating the federal ethics in government law by improperly concealing his multi-million dollar windfall from the auto industry bailout.
King said that the UAW and Citizens for Responsibility and Ethics (CREW) "have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney's so-called 'blind' trust."
The UAW complaint calls for Romney to reveal exactly how much he made off Delphi -- and continues to make. The Singer syndicate, once in control of Delphi, eliminated every single UAW job --25,000-- and moved almost all auto parts production to Mexico and China where Delphi now employs 25,000 auto parts workers.
More details here.
UPDATE, here's the entire speech via WhiteHouse.gov (h/t: @mykukla):
President Obama knocked it out of the park in his speech today.
I'm still hunting for the full version, but TPM has this fiery excerpt:
"You want to talk about values?” Hard work, that’s a value. Looking out for one another, that’s a value. The idea that we’re all in it together, that I am my brother’s keeper, I am my sister’s keeper, that is a value!”
“But they’re still talking about you as if you’re some greedy special interest that needs to be beaten. Since when are hardworking men and women special interests? Since when is the idea that we look out for each other a bad thing?”
And as opposed to his GOP rivals, he appears to be enjoying his work.
Here's one more that picks up where the first video leaves off, at about 1:00:
You can go to CSPAN and view the entire speech here.
I could not be more tickled if you pinned me down and did it. Bravo UAW!!
The United Auto Workers will taunt Mitt Romney from the sky while he attends Daytona 500 on Sunday. Plane banner: "Mitt Romney: Let Detroit Go Bankrupt."
The union says 31 of 43 cars racing tomorrow are made by one America's big three auto makers.
"Had the country taken Romney's advice, turning his back on the Auto Industry and the millions who depend on it during their darkest hour, what would have become of NASCAR? An American race ruled by European cars? Porches, BMW and Audi's circling the track? NASCAR, like baseball and the American Auto Industry itself, is an iconic part of this country and its spirit. UAW's message to Mitt Romney? Don't bet against us, don't bet against America," the UAW said.
Willard Romney may call himself the "son of Detroit," but when he shows up there today, he won't exactly get a rousing welcome.
See what happens when you write an op-ed titled, "Let Detroit Go Bankrupt"?
The United Auto Workers union, a big Democratic donor, will protest Romney's appearance by orchestrating a grand display of American-made cars that spell out "Let Detroit Go Bankrupt." [...]
"Michiganders won't forget how, in their hour of need, he turned his back on an iconic American industry, the city of Detroit, the state of Michigan and millions of American jobs," UAW wrote in a note to protestors.
Don't mess with the UAW, and don't diss the success of the auto industry, genius.
Then again, shooting himself in the foot is the one thing at which Willard excels.
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