Mitt Romney received a $10 million bailout from the Federal Deposit Insurance Corp. in 1991, an event that runs contrary to the multimillionaire’s current anti-bailout position.
Documents obtained by the Boston Globe show that the FDIC negotiated a $10 million forgiveness with Bain & Co. while Romney was chairman and CEO in 1993.
The negotiations were part of a deal designed to reduce the debt load at the company, which was near bankruptcy. The FDIC had been forced to seize Bank of New England, who was a creditor of Bain’s.
Mitt Romney is a two-faced phony! The man is consistently inconsistent on all political matters. He is a big government Neo-Conservative who receives massive contributions from Wall-Street lobbyist. There is a candidate who values honesty, morality and consistency. The one, the only, Ron Paul.
What if, Judge, what if?
Following Rick Santorum’s confusion regarding war, he also seems undecided regarding his support for limited government and individual rights, or more big government fascism. I think it depends on the day, no maybe the paycheck? Ah, who knows…
Rick Santorum, just like the other GOP candidates, is a greedy politician who follows the dollar trail. Please don’t waste your vote, Ron Paul has stood by his word for 30 years. This country needs a fresh start!