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Why Mitt Romney Is Most Likely Cooked (New Title - Updated Post)

UPDATE, August 29, 2012

Apparently now Romney does not intend to release even two years of tax returns. This does cook him. He plans to release the second year only if elected if reports are correct. Well I think ten years is reasonable. Maybe 20 years because the Bain stuff is as potentially toxic as his return. Apart from simple lies about residency, already confirmed, we would be looking at a revelation of the most slimy sort of evasiveness in American business. Mitt, Paul Singer, others who became the pirates of a culture of financial impunity, utilizing the porous structure of the lawyer-friendly U.S. tax code,

UPDATE July 16, 2012

Since the info below was assembled, the media has circled around the thesis of this post - that Romney may be cooked - without drawing out its most onerous inference. We can infer from what is said below that Romney had toxic investments that may include profiting from asbestos injuries and oppressive dealings in Peru and Congo Brazzaville. I think this is the smoking gun - springing from his cozy relationship with billionaire Paul Singer.


Mitt Romney’s Financial Black Hole

The above is ground-breaking - a NYT full-dress editorial insisting that Romney reveal his hidden tax records. Specifically focusing on the Vanity Fair piece quoted directly below.

It is only a matter of time before the entire tawdry reality of Romney's complicity in the worst examples of greed investment are splayed across the media for all to see.

Here also a comment I posted at the NYT site where the editorial above is parked:

This is a game-changing editorial because it points to a Vanity Fair article which leads to the likely partnership of Romney and Paul Singer in investments so noxious that they will not survive scrutiny, extending from Peru to Congo Brazzaville. Whether this story or the still largely-ignored Romney cop impersonation story recently reprised in the Boston Globe brings this candidate down, I do not see him surviving beyond Tampa.


Investigation: Mitt Romney’s Offshore Accounts, Tax Loopholes, and Mysterious I.R.A. | Politics | Vanity Fair: "Likewise, the Romneys were reported to have invested at least $1 million in Elliott Associates, L.P., a hedge fund specializing in “distressed assets.” Elliott buys up cheap debt, often at cents on the dollar, from lenders to deeply troubled nations such as Congo-Brazzaville, then attacks the debtor states with lawsuits to squeeze maximum repayment. Elliott is run by the secretive hedge-fund billionaire and G.O.P. super-donor Paul Singer, whom Fortune recently dubbed Mitt Romney’s “Hedge Fund Kingmaker.” (Singer has given $1 million to Romney’s super-pac Restore Our Future.)"

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This paragraph is so suspect that it virtually walks off the page. Super Donor Singer is clearly bad news. Squeezing a third world country looks more than tacky and sleazy.  How about morality-blind? I think the New York Times pushing this paragraph would be a game changer, sparing us the prospect of a purchased election by a man who is so cooly calculating that it sends shivers up my spine.

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