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Romney’s campaign filed FEC reports indicating the candidate’s personal wealth to be between $190 million and $250 million. The most important sentence is buried in this Los Angeles Times article:
“The couple owns between $250,001 and $500,000 in gold.”
That’s .02 of his net worth, not even a hedge. More likely his wife’s jewellry.
It’s not even .02, it’s .002. That’s a rounding error to Romney.
hell I wish he would round some of that to me.
I knew he was rich but I didn’t know he was that rich and I can’t imagine it will make it easy for him to claim he understands working people.
I know it’s totally unrelated to this thread, but has anyone been up on the Libyan end game? Tuned in just now and lots going on. The NYT story of today is just another example of MSM bs. For a better grasp, log onto to:
http://blogs.aljazeera.net/africa/2011/07/14/gaddafis-suicidal-plan-tripoli
Sorry, Mitten’s gold machts nicht, even if there was no news of import.
Oops so it is. That’ll teach me to use the calculator in future! He started at the bottom with a fortune of probably around $50 million and substantially increased it by running a private equity fund. Nothing wrong with that but it’s fair bet a few throats were slit along the way and if he’s the nominee it’s not going to do him any good.
Please he has 3 times that in off shore accounts and he not paying any taxes on that money.
The gold is probably just part of a “well-balanced portfolio.”
Kinda like Eric Cantor’s bets against the U.S. Dollar are.
Hell, I own gold and I’m an MMT guy.
My respect for him just went up.
Romney doesn’t invest in questionable investments, like U.S. savings bonds.
Almost certainly wrong again Sinz. He’s going to have about a third of his portfolio in bonds and some of them will almost certainly be long and short dated T bills.
Who the hell cares? I’m pretty sure my retired father has gold as part of his portfolio too. Not at all unusual.
Bought off the backs of just a fraction of the people he laid off so he could reap millions.
What a good strong Christian ethic…
He isn’t Christian, he’s Mormon.
Hah! Good one Demo.
Uh, that’s barely walking around money for him. It’s probably the faucets in the guest bath.
exactly … http://www.clicker.com/tv/the-rachel-maddow-show/multiple-mansions-raise-romney-residency-questions-1886075/
Romney owns over $250,000 in gold | Houston Gold News // Aug 13, 2011 at 10:18 pm
[...] FrumForum teased out an interesting factoid after Republican presidential candidate Mitt Romney filed his [...]
If I remember correctly Romney also set up a 100 M + trust fund account for his kids.
“The couple owns between $250,001 and $500,000 in gold.”
nice … there’d be something wrong if they didn’t
If Meg Whitman spent $144 of her own money to lose the CA Guv’s race, Mitt will need to loan his campaign his entire stash if he wants to be the GOP candidate. Most of the rich Tea Con donors will have blown their wads on Perry and Bachman by then.
The grand spending tally for Whitman: $178.5 million, including $144 million from her own pocketbook.
Despite that massive budget, she lost to Democrat Jerry Brown, who spent $36.7 million on his campaign, almost all of it coming from outside contributors.
Read more: http://www.mcclatchydc.com/2011/02/01/107827/meg-whitmans-campaign-spending.html#ixzz1V3rKxQfz
For you data buffs, here is the relative worth of the Tea Jihadi candidates. Looks like chickenshit compared to Mitt:
Minnesota Rep. Michele Bachmann has assets with a net worth of $500,000 to $1 million, 2010 House financial disclosure records show. Those assets include a family farm in Wisconsin and Bachmann & Associates in Lake Elmo, Minn., a psychotherapy clinic headed by her husband, Marcus.
Texas Gov. Rick Perry, who announced his GOP candidacy Saturday, has disclosed two blind trusts worth more than $50,000 combined, but some reports have estimated Mr. Perry’s financial worth as closer to $1 million.
Shaddap you Marxist thought-nazi.
Romney understands that gold is necessary to prepare for the economic apocalypse, coming because of the massive entitlement debt created by the Dims.
As long as it isn’t gold coins with his face and MITT AGSTVS MAXIMVS PONTIFEX IMPRTR
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Mitten grasp | Asiapacificshi // Aug 20, 2011 at 10:46 am
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