How stupid rich? In 2010, Romney made $21.7 million. In 2011, the former Massachusetts governor made $20.9. In both years, the overwhelming majority of his income came from personal investments — capital gains, dividends, and interest.
In both years Romney owed significantly less taxes than the average American — 13.9% in 2010; 15.4% in 2011 (thanks George Bush) — while earning 900 times the median American salary without lifting a finger.
As becoming of the sort of comically wealthy person he is, Romney’s tax forms reveal he also maintained bank accounts in notorious tax havens such as Bermuda, the Cayman Islands, and Switzerland.
His forms show he paid taxed on all three accounts, before closing them. Of course, given the minuscule glimpse into Romney’s tax history, it’s difficult to tell if the two forms paint a complete picture.
To his credit, Romney did donate some $7 million to charity over the course of the last two years. (The majority of which went to the Mormon Church, but it still beats Biden’s $369 a year.)
All in all, nothing earth-shattering, although the forms certainly cement in the minds of the average voter just how above-average Romney is in the fortune department.
And it’s worth noting, as Wonkette does, that Romney released 23 years of tax returns to the McCain campaign, and they picked Sarah Palin for veep over him, so something in those other 21 years may have spooked them.
(must be freaking nice)
Dick Tufeld, a voice actor best remembered for his role as the Robot on the classic sci-fi TV show Lost in Space, passed away Sundayin an LA-area hospital. He was 85.
“Dick Tufeld was a really cool guy,” wrote his Lost in Space co-star Bill Mumy. “He’s reunited with his wife Adrian now. R.I.P. Dick. You will be missed bigtime.”
A staple of Irwin Allen productions, Tufeld provided narration for both Voyage to the Bottom of the Sea and The Time Tunnel. He was also known for his work on the animated adaptation of Fantastic Four, as well as his announcing gigs for Disney in the 50’s and 60’s.
Tufeld most recently reprised his role as the Robot for the 1998 feature film adaptation of Lost in Space.
Hillary Clinton quote. Excellent one…
Please remember this quote from the Queen of the Dems…. ” I am sick and tired of people who call you unpatriotic if you debate this administration’s policies. We are Americans and have the right to participate and debate any administration.”
Mitt said what when????
As reported here on American Thinker, “the ‘birthers’ went down to Georgia, lookin’ for an election to spoil”…and spoil it they may.
The story began last November, when Georgia citizen David Welden filed a formal challenge over Obama’s qualifications to appear on Georgia’s 2012 presidential ballot.
Although the mainstream media pejoratively label those who question Obama’s eligibility as conspiratorial “birthers” and defines “birtherism” as belief in a Kenyan birthplace, Welden stipulates otherwise:
The matter before this Court has nothing to do with the birth place of the Defendant, nor does it assert that he is not a citizen of the United States. In fact, limited to this challenged primary election, the Plaintiff will stipulate that the Defendant was born in Hawaii, that the Defendant is a U.S. Citizen, and that the Defendant was Constitutionally-qualified to serve as a U.S. Senator. The Plaintiff makes no assertion regarding the Defendant’s passports, or social security number, or any other fact related to the Defendant, other than the one fact asserted at the beginning of this opposition: that the Defendant’s father was not a U.S. citizen.
Contrary to the Defendant’s assertions, the issue presented by the Plaintiff is grounded on one uncontestable fact, and one clear definition from the U.S. Supreme Court. See Minor v. Happersett, 88 U.S. 162, 167 (1875).
Welden is assisted by the Liberty Legal Foundation and Constitutional attorney Van Irion. Two other groups of Georgia residents have filed similar ballot challenges which question, in addition, the validity of Obama’s records, and are represented separately by attorneys Orly Taitz and J. Mark Hatfield.
Attorney Irion filed a thorough and brilliant opposition to Obama’s motion to dismiss Welden’s challenge, and on January 3, Judge Michael Malihi of Georgia’s Office of State Administrative Hearings denied all three of the motions to dismiss in one order.
Read the article here.
Gaddafi supporters seize control of Libyan town What? I say, let them fight it out, kill each other off.
Gingrich on Debate’s No-Clapping Rule: ‘Media Doesn’t Control Free Speech’ Interesting what Newt says.
You know George Soros. He’s the investor’s investor—the man who still holds the record for making more money in a single day’s trading than anyone. He pocketed $1 billion betting against the British pound on “Black Wednesday” in 1992, when sterling lost 20 percent of its value in less than 24 hours and crashed out of the European exchange-rate mechanism. No wonder Brits call him, with a mix of awe and annoyance, “the man who broke the Bank of England.”
Soros doesn’t make small bets on anything. Beyond the markets, he has plowed billions of dollars of his own money into promoting political freedom in Eastern Europe and other causes. He bet against the Bush White House, becoming a hate magnet for the right that persists to this day. So, as Soros and the world’s movers once again converge on Davos, Switzerland, for the World Economic Forum this week, what is one of the world’s highest-stakes economic gamblers betting on now?
He’s not. For the first time in his 60-year career, Soros, now 81, admits he is not sure what to do. “It’s very hard to know how you can be right, given the damage that was done during the boom years,” Soros says. He won’t discuss his portfolio, lest anyone think he’s talking things down to make a buck. But people who know him well say he advocates making long-term stock picks with solid companies, avoiding gold—“the ultimate bubble”—and, mainly, holding cash.
Has the great short seller gone soft? Well, yes. Sitting in his 33rd-floor corner office high above Seventh Avenue in New York, preparing for his trip to Davos, he is more concerned with surviving than staying rich. “At times like these, survival is the most important thing,” he says, peering through his owlish glasses and brushing wisps of gray hair off his forehead. He doesn’t just mean it’s time to protect your assets. He means it’s time to stave off disaster. As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil.” Europe is confronting a descent into chaos and conflict. In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties. The global economic system could even collapse altogether. [...]
Occupy Wall Street “is an inchoate, leaderless manifestation of protest,” but it will grow. It has “put on the agenda issues that the institutional left has failed to put on the agenda for a quarter of a century.” He reaches for analysis, produced by the political blog ThinkProgress.org, that shows how the Occupy movement has pushed issues of unemployment up the agenda of major news organizations, including MSNBC, CNN, and Fox News. It reveals that in one week in July of last year the word “debt” was mentioned more than 7,000 times on major U.S. TV news networks. By October, mentions of the word “debt” had dropped to 398 over the course of a week, while “occupy” was mentioned 1,278 times, “Wall Street” 2,378 times, and “jobs” 2,738 times. You can’t keep a financier away from his metrics.
As anger rises, riots on the streets of American cities are inevitable. “Yes, yes, yes,” he says, almost gleefully. The response to the unrest could be more damaging than the violence itself. “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”
And finally, been some time, so here is a picture of my favorite, Snooki….