Tag Archives: Mitt

TN Man Charged With Fraud in Romney Income Tax Scheme

NASHVILLE, Tenn. (AP) — A Tennessee man was charged Wednesday in a scheme involving former Republican presidential nominee Mitt Romney’s income tax returns during the 2012 campaign.
The U.S. Justice Department said a federal grand jury in Nashville indicted Michael Mancil Brown, 34, of Franklin, and charged him with six counts of wire fraud and six counts of extortion.
Brown is accused of having an anonymous letter delivered to the PricewaterhouseCoopers LLP accounting firm in Franklin last August, demanding that $1 million in digital currency be deposited to a Bitcoin account to keep some of Romney’s income tax returns from being released. The Justice Department said Brown falsely claimed that he had gained access to the PricewaterhouseCoopers internal computer network and stolen tax documents for Romney and his wife, Ann Romney, for tax years before 2010.

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Al Gore Now Rich as Mitt Romney?

Leveraging his aura as a technology seer and his political and climate work connections, Al Gore has remade himself into a wealthy businessman, amassing a fortune that may exceed $200 million, reports the Seattle Times.
That’s close to the $250 million net worth of 2012 Republican presidential nominee Mitt Romney, whom President Obama and Democrats targeted in ads and speeches as being out of touch with most Americans.
…The former senator, who spent most of his working life in Congress, had a net worth of about $1.7 million (in 1999) and assets that included pasture rents from a family farm and royalties from a zinc mine, remnants of his rural roots in Carthage, Tennessee. .
…Fourteen years later, he made an estimated $100 million in a single month. In January, the Current TV network, which he helped to start in 2004, was sold to Qatari-owned Al Jazeera Satellite Network for about $500 million. After debt, he grossed an estimated $70 million for his 20 percent stake, according to people familiar with the transaction.
Two weeks later, Gore exercised options, at $7.48 a share, on 59,000 shares of Apple Inc. stock that he’d been granted for serving on the Cupertino, California-based company’s board since 2003. On paper, it was about a $30 million payday based on the company’s share price on the day he claimed the options.
That’s a pretty good January for a guy who couldn’t yet call himself a multimillionaire when he briefly slipped from public life after his bitterly contested presidential election loss to George W. Bush in late 2000, based on 1999 and 2000 disclosure forms.
Gore isn’t finished exercising his Apple stock grants. Those 59,000 are part of 101,358 Apple options and shares of restricted stock Gore has amassed, according to company filings, giving his total holdings a gross value of more than $45.6 million today.

TN Electoral College Votes Formally Cast for Mitt Romney

News release from Secretary of State’s office:
Eleven Electoral College representatives from across Tennessee met in Nashville Monday to cast the state’s presidential votes for Republican nominee Mitt Romney and his vice-presidential running mate, Paul Ryan.
Like most states, Tennessee’s votes in the Electoral College are allocated based on a “winner take all” system – which means the electors pledged to award all 11 of the state’s votes to the candidate who received the highest amount of votes statewide in the Nov. 6 general election.
Results of Monday’s meeting of the electors will be forwarded to Washington, D.C., where Congress is scheduled to meet in a joint session Jan. 6 to accept the results from all 50 states.
Tennessee’s electoral votes are determined by its proportional share of the United States population. The electors this year were:

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Romney, Corker Declared Winners in Tennessee

NASHVILLE, Tenn. (AP) — Tennessee voters have chosen Republican presidential candidate Mitt Romney over President Barack Obama.
The former Massachusetts governor, who lost to Rick Santorum in the state’s Republican primary in March, had few problems gaining Tennessee’s 11 electoral votes Tuesday.
With less than 1 percent of precincts reporting, Romney had 239,399 votes, or 58 percent, compared with Obama’s 199,766 votes, or 41 percent.
Tennessee has voted for the Republican presidential candidate in each election since 2000.
Voters also gave a second term to Republican U.S. Sen. Bob Corker. He defeated Democrat Mark Clayton, a part-time floor installer who was disavowed by the state party after the primary for his anti-gay views.
In early returns, Corker had 246,322 votes, or 64 percent, compared with Clayton’s 120,988 votes, or 31 percent.

Free Press Endorses Gary Johnson for President

In the third break with tradition for major Tennessee newspapers this election season, the Free Press side of the Chattanooga Times-Free Press is not endorsing the Republican nominee for president. Instead, the newspaper is editorially endorsing Gary Johnson, the Libertarian Party nominee who is on Tennessee’s ballot as an independent.
The News-Free Press maintained separate editorial boards after the Chattanooga Times and the Chattanooga News-Free Press combined a few years ago. The Free Press is traditionally conservative, the Times more liberal.
Earlier, the Tennessean, which traditionally has always endorsed Democrats for president, endorsed Romney in 2012. And the News Sentinel, which has varied its partisan preference for president over the years, decided not to endorse anyone this year.
Excerpt from the Free Press editorial:
This election, however, the Republican Party nominee has failed to demonstrate a consistent commitment to conservative principles. As a result of his failure to provide clear methods for reducing the size and scope of the federal government, unwillingness to address structural flaws with entitlement programs, reliance on government to intervene in issues best left to families and individuals, and sporadic support of the Constitution and America’s founding principles, Mitt Romney is too flawed to earn the Free Press’ endorsement.
Romney may be less eager to tax, spend, attack personal freedoms and disregard the constitutional limits on government than his Democratic opponent, President Barack Obama, but only slightly.
To the extent that Romney offers an alternative to Obama, the difference is in degree, not in kind.
As a result, the Free Press editorial page endorses Libertarian Party presidential candidate Gary Johnson for President of the United States.
Johnson, a former two-term governor of New Mexico, has more administrative experience than Romney, who served just a single term as Massachusetts governor.
While serving as governor, Johnson slashed New Mexico’s gas tax, fought to reduce the state’s income tax and championed school choice. Romney, on the other hand, implemented a myriad of new fees on Massachusetts taxpayers and famously enacted a compulsory health insurance scheme which became the framework for Obamacare.
Unlike Obama, Johnson understands that government spending, unsustainable bailouts and stimulus schemes only lead to more unemployment, a higher national debt, a weakened dollar and a less stable economy.
Johnson’s platform includes presenting a balanced budget to Congress every year he’s in office, completely overhauling America’s ridiculous federal tax structure, and fundamentally restructuring entitlement programs to allow Americans more choice in health care and a greater opportunity to retire with dignity.

Romney Campaign Removes Praise of DesJarlais from Campaign Website

Mitt Romney hailed Scott DesJarlais as an “independent and principled conservative” in a May endorsement of the 4th District congressman’s re-election, but his campaign has now quietly removed a news release on the endorsement from a campaign website.
The Huffington Post says the news release was taken down Thursday after the Internet news service asked about it, in light of revelations that DesJarlais had encouraged his pregnant mistress to get an abortion when he believed her pregnant.
From the HuffPo:
Romney’s campaign so far has declined to comment.
But the GOP presidential nominee himself was effusive in the original posting.
“I’m very proud to have the support of such a principled and independent conservative as Scott DesJarlais,” said Romney. “In his time in Congress, Scott has been a real leader for balancing the budget, lowering taxes and scaling back the size of government. I look forward to working with Scott to spread that kind of conservative message across the Volunteer State as we work to restore America’s promise.”
That message may be missing from Team Romney’s site, but Romney’s kind words can still be found on DesJarlais’ news feed.
DesJarlais’ Facebook page also features a photo of the congressman and his family posing with the presidential contender.

Haslam Hails ‘Analytical’ Romney

Gov. Bill Haslam talks about Mitt Romney with the Tennessean:
“He has a temperament that is more suited to leading and governing than it is to campaigning,” Haslam said in an interview with The Tennessean. “His skills are more on the analytical side. Analytical skill sets don’t really help you on the day to day of campaigning, but they really help you in running something as big as the United States of America.”
…Few Tennesseans have gotten to meet Romney personally. The GOP nominee did not campaign much in the state in 2008, and he probably won’t do so between now and Election Day.
But he has made a point of courting the state’s Republican leadership, bringing on board Haslam, his powerful political family and a healthy portion of Tennessee’s lawmakers and top fundraisers. He has visited the Nashville area during the current election cycle for at least three private fundraisers, though none included any public events.
…As a Republican governor of Massachusetts, he had to work with Democrats to pass his legislative priorities, including the state’s mandatory health insurance law. As lead organizer of the Salt Lake City Olympics, he had to bend to the demands of outside groups.
“He couldn’t run the Olympics like you would run your business. You just can’t. There’s just too many different points of power,” Haslam said.
“Certain people are better suited to govern than to campaign. He’s not a backslapper, or whatever phrase you want to use.”

Sunday Column: Ramifications of Mitt’s TN Margin

While there may be no doubt about the outcome of the presidential election in Tennessee, the size of Mitt Romney’s Volunteer State victory is a matter of some speculation and dispute. There seems some general agreement, however, on the ramifications of the margin of Mitt on down-the-ballot races.
State Republican Chairman Chris Devaney says that, given increasing voter unhappiness with President Barack Obama, there’s a good chance that Romney will better the Tennessee performance of George W. Bush in 2004 or John McCain in 2008. Bush carried Tennessee by 14 percentage points, McCain by 15.
State Democratic Chairman Chip Forrester says, given voter unhappiness with Romney and increasing acceptance of Obama, there’s not any such chance.
But both party chairs agreed — albeit with some difference in details and considerable contrast in rhetorical remarks while relating them in recent interviews — that a presidential candidate with a big, double-digit margin has coattails.

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Most TN Republicans Dodge Comment on Romney Remarks

Chris Carroll has collected some comments — or non-comments — from Tennessee Republicans on Mitt Romney’s belief that nearly half the nation is “dependent upon the government.”
Sen. Lamar Alexander, Sen. Bob Corker, Rep. Chuck Fleischmann and Rep. Scott DesJarlais declined interview requests Thursday, sidestepping whether they agree with the Republican presidential nominee’s comment that 47 percent of Americans consider themselves “victims” who feel they’re “entitled to health care, to food, to housing, to you name it.”
…”Having come from humble roots, Chuck Fleischmann understands that many of those receiving government benefits would prefer to be working,” Fleischmann spokesman Alek Vey said in a prepared statement that also characterized “handouts” as “ultimately detrimental to the success of the American people.”
…”I hope to have the opportunity to work with him to put the issue in the rearview mirror and put our focus back on being a great country in all ways,” Corker said in a statement.
At the state level, Gov. Bill Haslam distanced himself from Romney’s remarks, which included a prediction that the 47 percent “will vote for this president no matter what.” The governor described Romney’s comments as “political calculus.”
“He made a statement about, ‘Hey, it might be hard to win some folks’ votes,'” Haslam said at a news briefing Wednesday. “I think our response within government obviously is to care about everyone.”
Haslam serves as state chairman of Romney’s Tennessee campaign, but said “I’m not on the inside strategy of the campaign.”

On the other hand, this from the Kingsport Times-News:
U.S. Rep. Phil Roe predicted Thursday that GOP challenger Mitt Romney will still win the presidency despite Romney’s “47 percent” remark about Americans who support incumbent Democratic President Barack Obama because they are dependent upon government.
“I might have stated it a little differently, but … we’ve got 105 million people who receive some (welfare) transfer payment…”

Haslam on the 47 Percent

Gov. Bill Haslam comments on Mitt Romney’s famous ’47 percent’ remarks, as reported by TNReport.
“I think he made a statement about, ‘Hey, it might be hard to win some folks’ votes,'” Haslam told reporters after a groundbreaking ceremony in Nashville Wednesday.
“I think our response in government obviously is to care about everyone. I’ll say this: There’s videos of a lot of candidates. You had President Obama say when he was running, ‘There’s just people who just cling to guns and God,’ and I think he’d go back and say, ‘That’s not quite what I meant by that.'”
Haslam added that the comments were likely part of the Romney team’s “political calculus” in terms of where he has the best chance to win votes.