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Thursday, February 2, 2012

Mitt Romney Is Accepting Money from Foreign Agents

Posted by on Thu, Feb 2, 2012 at 2:18 PM

This morning, Reuters pointed out that Romney is far and away the favorite candidate of Wall Street:

Romney's six largest campaign contribution sources in 2011 were executives, family members and affiliated political action committees of Goldman Sachs, JPMorgan Chase, Morgan Stanley, Credit Suisse, Citigroup and Bank of America, according to the Center for Responsive Politics, a Washington, D.C.-based group that monitors campaign finances.

But Romney's not only getting money from big banksters: ThinkProgress just broke the news that a major bundler for the Romney campaign represents the interests of two foreign powers:

Ignacio E. Sanchez is a lobbyist at DLA Piper, an influential global law firm and a major bundler for the Mitt Romney campaign. A ThinkProgress review of public records reveals Sanchez is also a registered foreign agent representing the interests of the United Arab Emirates and a former president of the Dominican Republic.

Okay, honestly: We need some serious campaign finance reform all up in this business.


Comments (8) RSS

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It is a violation of federal law for a political candidate to accept campaign money from anyone who is not a US citizen:…
Posted by TechBear on February 2, 2012 at 2:30 PM · Report this
Romney is both the candidate of the UAE and B of A. Wow. That sure brings the whole not caring about poor people thing into focus.
Posted by modrachlan srarmons on February 2, 2012 at 2:40 PM · Report this
Paul et al. - if you have not seen this article - Frank Rich on Mitt Romney is a must read:…
Posted by Vadt on February 2, 2012 at 3:24 PM · Report this
Fnarf 4
@1, Sanchez is a US citizen, naturalized in 1987 (presumably from the DR) and he's a bundler, not a donor (although he may well be both). He's an agent of foreign interests, not a foreigner himself.
Posted by Fnarf on February 2, 2012 at 3:33 PM · Report this
Canadian Nurse 5
@1: These two are both bundlers: volunteer fundraisers who collect bundles of campaign contribution checks for the campaign. They don't give money directly, so apparently it's OK.
Posted by Canadian Nurse on February 2, 2012 at 3:35 PM · Report this
Geez, I mean Romney's contributors are a veritable gallery of ne'er do wells:

Samuel Zell, owner, among other things, of the Tribune Company, so Mitt the Twitt should receive good press, at least ? ? ?

In a sharply critical June 2008 opinion piece for The Washington Post entitled, "The L.A. Times' Human Wrecking Ball", veteran Los Angeles-based editor and columnist Harold Meyerson took Zell to task for "taking bean counting to a whole new level", asserting that "he's well on his way to... destroying the L.A. Times." Comparing Zell to James McNamara, who was sentenced to life in prison for the notorious 1910 Los Angeles Times bombing (which killed 21 employees), Meyerson concluded his article by opining that "Life in San Quentin sounds about right" for Zell.
Zell was implicated in the corruption charges against former Illinois Governor Rod Blagojevich. The charges claimed that Blagojevich had pressured Zell to fire particular Tribune editorial staffers, known to be harshly critical of the governor, in exchange for tax breaks on the sale of Wrigley Field. An aide to Blagojevich reported back to the governor that Zell "got the message and is very sensitive to the issue." The District Attorney's office later concluded that the aide had not in fact approached Zell and was lying to the governor.

Then there's that Wal-Mart (I mean Walton) family:

Alice Walton, Jim Walton, Nathaniel Walton

And let's not forget Frank "Frankie" V. Sica:

Mr. Sica has served as a Managing Partner at Tailwind Capital, a private equity firm, since 2006. From 2004 to 2005, Mr. Sica was a Senior Advisor to Soros Private Funds Management.

Oh no…..Tailwind is involved in fraudclosure (all that foreclosure fraud we’ve been hearing about!)…

And that Baum fellow, who enjoys fraudulent foreclosures and having his employees dress up as homeless people for Hallowe’en office parties!…

All the evil types love Mitt the Twitt.......
Posted by sgt_doom on February 2, 2012 at 4:43 PM · Report this
Hey don't want to burst y'alls bubble, but Obama is as big of a recipient of Wall St money as Romney. Being the President has its benefits, and healthy fundraising from the establishment is one of them. Wall Streeters are after all, smart guys, and as such hedge their bets (lol) in general elections.
Posted by pioneer on February 2, 2012 at 4:51 PM · Report this
Will in Seattle 8
Remember, Foreign Sovereign Wealth Funds are Citizens of America, unlike you Serfs who think you are Citizens.

But go deeper.

Follow the money in the Cayman and Swiss treasure troves.

Much deeper.
Posted by Will in Seattle on February 2, 2012 at 6:21 PM · Report this

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