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January 25th, 2012 
FAKE NEWS for the Zionist agenda
After having his Iowa caucus win overturned and losing South Carolina to Newt
Gingrich, Mr Romney has been overtaken in Florida polls by the former House
Speaker. Having led here by 18.5 percentage points on Saturday, Mr Romney
now trails Mr Gingrich by 7.4 points, according to a RealClearPolitics
average.
Polls indicate that Mr Romney’s support has been badly damaged by attacks on
his work as the head of Bain Capital in the 1980s. About half of white
voters earning under $50,000 (£32,000) now view Mr Romney negatively,
according to an ABC News/Washington Post survey, compared to 29 per cent a
fortnight ago.
Mr Romney previously insisted he would not release his tax returns until
April, but was pressured into releasing them yesterday amid the criticism of
his work at the private equity firm Bain Capital. Mr Gingrich claims the
company “looted” the firms it took over, leaving “thousands
of lives” destroyed in relentless pursuit of profit.
The records show that Mr Romney greatly benefits from the fact that America’s
relatively low 15 per cent rate of capital gains tax (CGT) applies to
so-called “carried interest” – the share of profits on past deals
that private equity and hedge fund executives receive as a bonus. Critics of
this loophole – including the billionaire investor Warren Buffett, who
benefits from it – say that “carried interest” is not really
a return on an investment and should be taxed as regular income.
Mr Romney also benefited from rules allowing investors who make a loss one
year to write this off against their tax liability in future years.
After two lacklustre debate performances that contributed to his South
Carolina loss, Mr Romney went on the attack in Tampa on Monday night,
aggressively accusing Mr Gingrich of being an “influence peddler”
forced to “resign in disgrace” after two decades as a Washington
insider.
Mr Gingrich was paid $25,000 (£16,050) a month to work as a “consultant”
for Freddie Mac, the government-backed mortgage lender that became key to
the US housing market crash, and had to be bailed out by taxpayers for tens
of billions of dollars.
Mr Romney accuses him of contributing to the crisis by lobbying Congressmen to
loosen regulations on who the organisation could lend to. “Freddie Mac
was paying Speaker Gingrich $1.6 million at the same time Freddie Mac was
costing the people of Florida millions upon millions of dollars,” he
said.
Despite his contract stating that he reported to Freddie Mac’s chief lobbyist,
Mr Gingrich denies lobbying and says he was employed “as a historian”.
He also came under pressure from Mr Romney over the last time he “was
given an opportunity to be the leader of our party”, when he became
Speaker of the House of Representatives in 1994.
“By the end of four years, he had to resign in disgrace,” said Mr
Romney.
Mr Gingrich’s aides highlighted yesterday that he and his wife Callista paid
31.6 per cent on income of $3.16 million (£2 million) in 2010 – more than
twice the Romneys’ rate. Mr Obama and his wife Michelle paid 26 per cent tax
on income of $1.8 million (£1.2 million) in 2010.
Mr Romney’s top lawyer, Ben Ginsberg, said he had “paid 100 percent of
what he owes.” “Governor Romney earned his wealth as a highly
successful businessman,” said Mr Ginsberg. “His success has
created wealth for his family and jobs for around 100,000 Americans”.
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