Solamere Capital—named after an exclusive neighborhood in Utah where the family had a vacation home—was incorporated in February of 2008, only weeks after the campaign ended. Its first office address was the Romney campaign headquarters in Boston’s North End. One of its first big commitments was $10 million from Ann Romney’s blind trust… According to […]
by Kenneth Thomas Romney’s Accountants Busted in New Tax Justice Network Study When Mitt Romney released the second of his tax returns last month, he also gave us a summary of his 1990-2009 taxes prepared by his accounting firm, PricewaterhouseCoopers (PwC). The whole point of that exercise, aside from trying to distract people from demanding […]
This is really old news, but happily, it’s being replayed now,and in more detail, now that Tagg is trying to play tag. Or is it Pin the Tail On the Donkey? No, wait, it’s Hide and Seek!
New York Times columnist Timothy Egan writes today: The Mitt Romney of the second debate, to use Mike Huckabee’s memorable phrase, “looks like the guy who fires you.” He exposed, once again, his biggest fault: that he has no idea what it’s like to be middle-class and struggling in 2012 America. To take just a […]
by Linda Beale Romney’s “Binders full of women” commenteditor’s note: this is a political commentary and not a tax discussion. When Romney was asked what he could do about the inequity in women’s compensation, he didn’t answer the question. He tried to turn it to his advantage by telling a story of how he ended […]
by Linda Beale Romney’s Tax (Mis)Calculations: if your two and two don’t add to four, pretend the Laffer curve gives you more Anybody watching last night’s presidential debate surely became aware at some point that Romney’s so-called “plan” for economic growth is an empty shell based on the idea that he’s made money for himself […]
Can anybody explain this to me? AAPL AMZN Price/Earnings 15.15 302.68 That’s a 20:1 ratio. Yes, Amazon has a lower price to revenues ratio, by a 2:1 margin. AAPL AMZN Price/Sales 4.06 2.06 And presumably at some point Amazon can turn the prices-versus-market-share dial away from gaining market share/maximizing revenue and toward price and profits. […]
In June of 2008, Ron Paul made a radical proposal: the Fed should simply burn all the U.S. Treasuries it’s currently holding, reducing the government (U.S. Treasury) debt by $1.6 trillion, or about 10%. (Yes: bonds held by the Fed are counted as part of “Debt Held by the Public,” even though the government basically […]
Lifted from Angry Bear Robert Waldmann’s Stochastic Thoughts: All aggregators are doing funny things by rounding first then subtracting. This is a comment on Singiser, but it could be on any aggregator. In the Gallup Tracker likely voter subsample, Romney is up 1.2% (this link points to numbers which will change) If one must round […]