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pnwmom

(108,980 posts)
Mon Jul 16, 2012, 08:59 AM Jul 2012

In accusing Obama of having political "cronies," Mitt's just following the Rove handbook:

attack your opponent with your own failings.

http://articles.boston.com/2011-10-07/news/30254612_1_spencer-zwick-mitt-romney-equity

October 7, 2011



Using their close ties to Romney and a hefty political Rolodex, the partners raised more than $200 million for the startup business, Solamere Capital, despite brutal market conditions and their limited experience in the world of high finance. In their prospectus, they said they expected to reinvest the money in an array of equity funds, each of them also managed by Romney political supporters.

The story of Solamere offers a rare glimpse into the intersecting worlds of Romney’s business and political operation, which continues to employ Zwick as chief fund-raiser for the 2012 campaign. Although campaign finance specialists say his overlapping missions are permitted by law, some ethics watchdogs say the arrangement presents an appearance that key political contributors could be rewarded with business opportunities.

“This setup screams what’s wrong with our broken system,’’ said Bob Edgar, chief executive of Common Cause, a national nonprofit advocacy group that frequently speaks out against the influence of money and lobbying in politics. “This is a business deal, and Romney is the investment. If he’s elected, they will have access and influence at the White House. If he’s not the next president, they’ll still make a bundle on the deal. Either way, they will be rewarded.’’


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