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Showing posts with label Mitt Romney. Show all posts
Showing posts with label Mitt Romney. Show all posts

Friday, October 26, 2012

Just Like Joseph Stalin Said: Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern

It is enough that the people know there was an election.  The people who cast the votes decide nothing.  The people who count the votes decide everything.

Joseph Stalin
 
Has Joseph Stalin foreshadowed Republican [God's Only Party] Values?  
 
 

Animal Farm This!

Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern
 
 

Its 3:00 a.m.  on November 7, 2012.

With the painfully close presidential election now down to who wins the battleground state of Ohio, no network dares to call the race and risk repeating the mistakes of 2000 when a few networks jumped the gun on picking a winner.

As the magic boards used by the networks go up close and personal on every county in the Buckeye State, word begins to circulate that there might be a snafu with some electronic voting machines in a number of Cincinnati based precincts.  There have already been complaints that broken machines were not being quickly replaced in precincts that tend to lean Democratic and now, word is coming in that there may be some software issues.

The network political departments get busy and, in short order, discover that the machines used in Hamilton County, Ohiothe county home of Cincinnati are supplied by Hart Intercivic, a national provider of voting systems in use in a wide variety of counties scattered throughout the states of Texas, Oklahoma, Hawaii, Colorado and Ohio.

A quick Internet search reveals that there may be reason for concern.

A test conducted in 2007 by the Ohio Secretary of State revealed that five of the electronic voting systems the state was looking to use in the upcoming 2008 presidential election had failed badly, each easily susceptible to chicanery that could alter the results of an election.

As reported in the New York Times, At polling stations, teams working on the study were able to pick locks to access memory cards and use hand-held devices to plug false vote counts into machines.  At boards of election, they were able to introduce malignant software into servers.

We learn that one of the companies whose machines had failed was none other than Hart Intercivic.

With television time to fill and no ability to declare a winner so that the long nights broadcast can be brought to a close, the staffs keep digging for relevant information to keep the attention of their viewersand that is when it gets very real.

It turns out that Hart Intercivic is owned, in large part, by H.I.G. Capitala large investment fund with billions of dollars under managementthat was founded by a fellow named Tony Tamer.  While is is unclear just how much H.I.G. owns of Hart Intercivic, we do learn that H.I.G. employees hold at least two of the five Hart Intercivic board seats.

A little more digging turns up a few tidbits of data than soon become the story’.  

Tony Tamer, H.I.G.s founder, turns out to be a major bundler for the Mitt Romney campaign, along with three other directors of H.I.G. who are also big-time money raisers for Romney.

Indeed, as fate would have it, two of those directorsDouglas Berman and Brian Schwartz were actually in attendance at the now infamous 47 percent fundraiser in Boca Raton, Florida.

With that news, voters everywhere start to get this queasy feeling in the pits of their stomach.

But waitif youre feeling a bit ill now, youll want to get the anti-acids ready to go because its about get really strange.

To everyones amazement, we learn that two members of the Hart Intercivic board of directors, Neil Tuch and Jeff Bohl, have made direct contributions to the Romney campaign.  This, despite the fact that they represent 40 percent of the full board of directors of a company whose independent, disinterested and studiously non-partisan status in any election taking place on their voting machines would seemingly be a no brainer.

To Mr. Bohls credit, after giving a total of $4,000 to Romney For President, it must have occurred to him that it might not look so good for a board member of a company whose voting machines are to be a part of the presidential election to be playing favoritesso he gave $250 to Barack Obama to sort of balance the scales.

Mr. Tuch?  Not so much.

Interestingly, Mr. Bohl lists himself as an investor at H.I.G. Capital for his Romney contributions but his far smaller donation to Obama was done as Jeff Bohl, self-employed innkeeper.

And finally, we learn that H.I.G. is the 11th
largest of all the contributors to the Romney effort.

Did I say finally?  My badbecause there is, indeed, more.

Can you guess who is reported to have a financial relationship with H.I.G. Capital?

Numerous media sources, including Truthout, are reporting that Solamere Capitalthe investment firm run by Mitt Romneys son, Tagg, and the home of money put into the closely held firm by Taggs uncle Scott, mother Anne and, of course, the dad who might just be the next President of the United Statesdepending upon how the vote count turns out, in our little tale, in the State of Ohiohave shared business interests with H.I.G. either directly or via Solamere Advisors which is owned, in part, by Solamere Capital, including a reported investment in H.I.G. by either Solamere Capital or Solamere Advisors.

Lee Fang, in his piece for The Nation exploring the government related activities of various companies in which Solamere has an interest writes-

Meanwhile, HIG Capitalone of the largest Solamere partners, with nearly $10 billion of equity capitalowns a number of other firms that are closely monitoring the federal government.

While the Cincinnati scenario is at this pointfiction, the rest of this story is all too true, including the part where the voting machines to be used in Hamilton County will be those provided by Hart Intercivic.

And while I am not suggesting conspiracies or that anyone would get involved in any foul play here, most particularly the GOP candidate for President, how is it possible that so many people could exercise so much bad judgment?

The sanctity of voting in America is supposed to be one of our most important virtues.  So concerned are we with a clean process that James OKeefe has made a career entrapping, video taping and destroying those sympathetic to Democratic Party candidates and causes who cross the line when it comes to the voting process.  And thats just fine.  If Mr. OKeefe can legitimately expose someone engaging in voter fraud, he most certainly should call them out.

So, why would these individuals who serve on the board of directors of Hart Intercivic go out of their way to make a contribution to any political candidate given the critical importance of their company remaining above reproach when it comes to the political process?  And why would those who run the company that owns Hart Intercivic be giving hundreds of thousands of dollars to a political candidate?  And why would a political candidate and his family have a financial relationship with a company that owns a chunk of the voting machine company that will be counting the actual votes given to that political candidate or his opponent? 

Keith Olbermann was suspended from his job at MSNBC for donating a couple hundred bucks to a local candidate that was a friend of his.  Why?  Because his employer required that journalists at the network stay free of having given such contributions to any candidate for all the obvious reasons.

Is it really too much to ask that those who control the voting machines that record and count the votes of our elections be held to at least the same standard? 

Hopefully, everything will go swimmingly in Cincinnati on Election Day.  And, if it doesnt, it will no doubt be the result of honest error.

Yet, because of this uncomfortable chain of ownership, we now find ourselves with one more headache among the many headaches that accompany the important work of choosing an American president and believing that the process was a fair oneparticularly when such an election comes down to a very few votes as may well be the case on Election Day, 2012.

Really, guys.  You couldnt find anything else to invest in?  You couldnt donate all those hundreds of thousands to charity rather than put it into political contributions so that your fellow countrymen would have no reason to ever doubt or question the results of so important an electionor any election for that matter, even if its the choice of a county dogcatcher? 

I truly wonder sometimes just what these allegedly smart people have inside their headsor, more importantly, their hearts.


UPDATESOctober 24, 2012 9:36 a.m.  EDT

Given the response to this article, there has been considerable activity surrounding the piece.  This includes conversations with representatives of the individuals and entities included in this story, the posting of articles discussing this piece in other publicationssome in support and others written in an attempt a take-down and discredit this pieceand a very active comments section with some interesting perspectives.

As you might expect, activity of this sort produces the need for a few comments, corrections and updates in the effort to be completely accurate, along with passing along some additional information that should be of interest.

Lets begin with some matters pertaining to Hart InterCivic and H.I.G. Capital.
On Monday, I was contacted by a representative of H.I.G. and Hart InterCivic who wished to set the record straight on a few points (it seems worth nothing, given that the connection between the two is a significant component of this article, that the representative presented on behalf of both of these companies.)

While it was confirmed that Jeff Bohl, an employee of H.I.C. and a sitting director of Hart InterCivic, has, as reported, contributed to the Romney campaign during the time he has sat on the board of directors of Hart Intercivic, Neil Tuch, another director of Hart InterCivic who is an employee of H.I.G., has not made any contributions to either of the presidential candidates during the time he has served as a director of Hart.  Further, the representative stated that the referenced contribution by Mr. Bohl to the Obama campaign had not been made by Mr. Bohl but rather was money given by a different individual who happens to have the same name as Mr. Bohl.

On the other side of the coin, I was able to confirm that there is, indeed, a third member of the Hart InterCivic board of directors put there by H.I.G. Capital.  That would be one Amanda Kalin.  For those who may not recall, I have stated in the article that two of the board members were employees of H.I.G.  This would represent control of 40 percent of the boardan interest that would provide for considerable influence but would not provide H.I.G. with control of the company.

While there was some reason to believe that there might be a third director appointed by H.I.G., I had not confirmed it so I did not print it.  Now it is, indeed, confirmed.  This means that H.I.G. is in firm control of the board of directors of Hart InterCivic (there are a total of five board members) which only serves to highlight the precise point of the article.

As an additional matter, the H.I.G./Hart Interactive representative specifically denies that Douglas Berman and Brian Schwartz were at the infamous 47 percent Romney fundraiser in Boca Raton as reported in the piece.

The fundraiser in question took place in Boca Raton in May of 2012.  The price of admission was $50,000 with the contributions to be made to the Romney Victory PAC.

According to the Sunlight Foundation Influence Explorer, Brian Schwartz, who listed his employer as HIG Capital, made a $50,000 contribution to the Romney Victory PAC on May 1, 2012.

Also per the Sunlight Foundation Influence Explorer, on May 15, 2012, Douglas Berman, who listed his employer as HIG Capital, also made a $50,000 contribution to the Romney Victory PAC.

Because of the close proximity in time of these contributions to the date of the fundraiser event; and because the contributions were identical to the price of admission to the fundraiser; and because the recipient of the funds was the designated PAC recipient for the fundraiser, I asked the representative if Mr. Berman and Mr. Schwartz would confirm their non-attendance directly to meeither in writing or by verbal communication.

That request was denied.

Charles Sipkins, a spokesperson for Hart InterCivic added, Hart InterCivic has a long track record of supporting a fair and open democratic process.  Any suggestions that the Company might try to influence the outcome of election results are unfounded.

Now, onto the response from Solamere Capital, the private equity firm run by Tagg Romney in which Gov. Romney and other members of his family have invested.

According to a spokesperson who contacted me on Solameres behalf, Neither Solamere nor its principals have any investment in or ownership of the company or the fund that controls the company.

The company referenced in the statement is Hart InterCivicnot H.I.G. Capital.

While both Solameres and H.I.G.s representatives confirm the accuracy of my reporting with respect to Solamere having a business relationship with H.I.G. , each was quick to point out that, while I had not alleged the more specific relationship in the article, it was important for readers to know that none of the investment Solamere has with H.I.G. is directed into the specific H.I.G. fund that owns the interest in Hart InterCivic.

I agree with them.  It is an important point and worth some focus as it ties into many of the comments received to my article that I believe miss the mark.

The point of the article was not just about connecting some dots to see how close we could get Tagg Romneyor anyone named Romneyto the company that manufacturers the voting machines which will present Gov. Romneys name as a candidate on November 7th.

The point was to highlight the important ethical questions raised when a company like H.I.G., which has ownership of the company that manufacturers these voting machines, has so close a relationship with any candidate for public office whose name will appear on their machines in any given county in America.  In this instance, that candidate is Governor Romney.

Accordingly, while it is certainly, in my estimation, a good thing that Solameres investment at H.I.G. has not been directed to the fund that owns Hart InterCivic, it must be asked whether this does anything to quell the potential for an appearance of impropriety when Solamere has an investment in H.I.G.; H.I.G. is a significant owner of Hart InterCivic and controls the board of directors; the chairman of H.I.G. is a key bundler for the Romney campaign; the contributions from H.I.G. employees totals to an amount that puts them in the top twenty when it comes to donors to the Romney campaign; and a member of the board of directors of the voting machine company itself is on record for making political contributions to a presidential candidate while serving on that board?

It is that potential for the appearance of impropriety that could undermine our confidence in the electoral systemand that is the problem to which I object.

Which brings us to another matter that deserves discussion.  Many commenters have reacted to this story by jumping to the conclusion that something untoward is going to happen in the Cincinnati area this Election Day as a result of the information presented.  I think this is a mistake.

As specifically noted in the original piece, I do not anticipate any ill behavior on the part of any of those discussed in the piece, most particularly, as stated in the piece, Governor Romney.  That, of course, does not mean that I wont be watching with some care and concern.

While I very much understand the sensitivity of voters in Ohio who have already had some experience over the years with some highly questionable events involving voting machines, I dont believe that anyone who is acting within the law (so far as I know, all involved in this story are acting within the law as it pertains to the subject matter) should be accused, tried and convicted in the publics mind when nothing has yet to occur.  This is precisely the sort of behavior that many of the same individuals pointing a finger at these people would vehementlyand correctlyobject to when members of society who are not as fortunate as those included in this article are treated in a like manner.  When a kid is stopped and frisked on the streets of New York because he looks and behaves like someone else who once either committed a crime or is generally suspected of having committed a crime and, as a result, this kid is, by that inference, suspected of either having committed a crime or expected to do so in the future and either harassed or hauled into a police station, many of us dont like it as such behavior violates those individuals civil liberties.  Those same civil liberties and presumptions of innocence must always be applied to everyone in our countryeven if they are wealthy directors and owners of voting machine companies and, yes, even if they are candidates for the highest office in the nation that you might not happen to support or even like.

The point that I would hope readers would take away is the importance of those who are so directly involved in our electoral system doing everything within their power to remain above reproach, both in actions and in appearance as, only then, can the public have the confidence it deserves in our electoral system.

I do not believe that those discussed in this story have met that critical ethical standard and I believe their behavior suggests a very serious issue that calls for a much better resolution.

Finally, deciding to write a story like this knowing that the mainstream media is avoiding it like The Plagueis a daunting adventure.  One cannot help but wonder if what the writer believes he or she is seeing may not be the reality of the situation.  Still, when someone who does what I do for a living does see so important an issue, it is our responsibilityor should be our responsibilityto bring it to the publics attention.  Never the less, when you are the only one writing itaside from some blog sites presenting the information in a way that includes accusations that go beyond what this writer would find balanced and appropriateit can be a scary proposition.  For this reason, I was very pleased to see that Salon.com, who, in my estimation, is a truly high quality publication, began to cover the story yesterday.  This was followed up by some coverage on last nights The Ed Show on MSNBC.  While I recognize that many readers have the same reaction to MSNBC as other readers have to Fox News, like it or not, they are a part of the mainstream media.

I wont be surprised to see more of the mainstream media get involved with the story, hopefully focusing on what is the real story herethe question of the ethics and efforts we should expect from those who we allow to play such a major role in how Americans cast their votes.

contact Rick at thepolicypage@gmail.com and follow on Twitter @rickungar

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Thursday, September 20, 2012

Exhaustive Study Finds Global Elite Hiding As Much As $21 to $32 Trillion Offshore

Newly updated report reveals how wealthy individuals and their families have between $21 and $32 trillion of hidden financial assets around the world in what are known as offshore accounts or tax havens.  The actual sums could be higher because the study only deals with financial wealth deposited in bank and investment accounts, and not other assets such as property and yachts.  The inquiry was commissioned by the Tax Justice Network and is being touted as the most comprehensive report ever on the "offshore economy."  It also finds that private banks are deeply involved in running offshore havens, with UBS, Credit Suisse and Goldman Sachs handling the most assets.  The report’s author, James Henry, a lawyer and former chief economist at McKinsey & Company, explains more in this video. 

We must remember that this information about offshore tax havens and the $21 to $32 Trillion dollars covers "individuals", not enterprises doing the same thing, which may add anywhere from $50 to $80 Trillion dollars or more. 




All too often people deliberate about taxation, tax codes, scaled taxation and such, yet there may be wholly fresher possibilities than shuffling round the way things are done now without making any truly substantial progressively sustainable choices and actions. 

PROUT offers an alternative perspective on this relatively necessary concern of taxes, which may also include some suprising factors.  Explore PROUT's perspective here



Explore this and other articles covering alternative economics, ethical leadership, economic democracy, and a society without the weal and woe of social and economic vicissitudes HERE
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Saturday, December 3, 2011

GOP Leadership Contest: The Likeability Factor

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Pundits seem to love to profess multitudes of differing explanations for the see-sawing GOP leadership contest that has seen, respectively, Michele Bachmann, Rick Perry, Herman Cain and now Newt Gingrich surge to the front of the pack in challenging Mitt Romney. These alternative explanations range from the simple to the complex, the realistic to the ridiculous. 

At the risk of simply indulging in this same game of choosing my favorite factor that is determining the outcome of this contest, I think the dominant factor is quite simply the likeability and personality of the candidates as expressed chiefly through the numerous debates as well as through the morning talk shows and other media appearances. Most of the factors the pundits identify seem to me to only be the type of thing that is persuasive to those who are quite knowledgeable about the minutiae of the political scene (ie the pundits themselves) while the simple question of whether the candidate presents themselves in a broadly likeable way dominates any more policy-centric focus. 

Take, for instance, the much heralded comments by Perry, timed near an inflection point in his demise, where he defended in-state tuition to illegal immigrants suggesting that one would be "heartless" not to support this (a wording he later apologized for). Conventional wisdom was that such a position with anathema to Republicans and hence precipitated his downfall. In some sense, we have a fairly clear counterexample since Newt Gingrich gave an even more extreme version also arguing for compassion towards illegal families who have been in the US a long time which struck a lot of amnesty-esque overtones. Yet Gingrich is still pushing strong in the polls as the sole remaining first tier candidate to take on Romney (as an aside, the reason he so prominently emphasized this is because of considering the general election and trying to appeal to moderate and Hispanic voters). However, I don't think we even need the counterexample to realize that such a narrow policy focused issue is quite unlikely to be a major factor in such a precipitous demise or even that this issue is necessarily something the casual conservative leaning person has even deeply thought about or cares all that much about. 

Let us follow the evolution of the race for the respective candidates from this perspective of focusing on likeability as illustrated principally in the debates. Here is the Dec 3rd aggregate from Real Clear Politics which shows the rise (and falls) of Bachmann, Perry, Cain and finally the rise of Gingrich against relatively flat projections for the frontrunner Romney and the third tier candidates, Santorum, Hunstman and Paul. 


Michele Bachmann:
Michele Bachmann and Rick Perry both came into the race with momentum. Bachmann has been a leader in some sense of the Tea Party caucus in Congress. Since one of the dominant divides in the Republican party has been between the establishment Republicans (of which Mitt Romney is a member) and the upstart Tea Party, Michele Bachmann entered with some momentum behind her that she may have been the Tea Party's de facto standard bearer in the nomination process. However, her debate performances were simply muted. They didn't contain much of the more extreme positions one might conventionally associate with her that would let her stand out form the field and simply came across as one of the pact. As in, her basic personality in the debates wasn't enough to established her as the clear Tea Party frontrunner and so she fell off in the polls - and so left the first Romney challenger. 

Rick Perry:
Rick Perry arrives next on the scene late but with enormous momentum, overnight jumping in the polls much higher than Bachmann ever had to front runner status given the excitement that he was the only one in the field with the establishment clout (as two term Governor of Texas, ala Bush) to challenge Romney. There are essentially three commonly established explanations for his fall. Firstly, the immigration comments mentioned above. Secondly, a series of gaffes made in the debates such as the infamous "oops" moment when he couldn't remember his talking point of the third department he was going to cut. I am very hesitant to think such minor gaffes have much relevancy. With so many debates, most people don't see any individual gaffe and I think people are usually pretty forgiving of a gaffe if they like a guy and only make a big deal of it when it is used to attack an enemy. 

The third explanation (which, to be fair, has been widely trumpeted) is simply that he has had terrible debate performances. This is certainly true. He simply has not come across as a likeable guy. Perhaps the best descriptor of his debate performances is 'feckless'. Maybe this isn't the sole factor, but it is to my mind a very large chunk of the explanation for his downfall and is sufficient to have caused it almost irrespective of anything else. 

Herman Cain:
Cain's rise is, I think, the best example of my thesis. He is clearly a likeable guy and came off very well in the debates. He was smiling, friendly, and cracking jokes that got more laughter than any other candidate. He spoke simply, concisely, and without the usual parlance and mannerisms of the politician. This isn't the only prescription to come off as likeable but it is a sufficient one. The timing was right and he picked up Perry's votes despite no one really thinking he ever stood much of a shot. 

A lot of his approach and attitude, however, only works in a zero scrutiny environment when others are not digging and attacking him. Thus, when the spotlight turned to him it wasn't so much that he failed to answer certain policy questions or the like, it is that he started coming off as defensive, guarded and shifty. As in, he stopped being likeable.

From a policy standpoint, Cain is quite interesting. One the one hand, he heavily promoted his 9 9 9 plan which is, if nothing else, an actual policy that, through concision and repetition, is easily understandable. So Cain might be considered very policy oriented in that supporting him is a little bit equivalent to supporting 9 9 9. On the other hand, outside of this he has been probably the least policy oriented of the candidates and rarely offers much of a substantive policy decision, often hedging his bets by saying things like that he would consult his Generals or his economic advisers without offering an actual policy. That a candidate like him rose so quickly without much substantive policy outside of 9 9 9 indicates one again how a policy focus can be largely irrelevant. 

As it turned out, he then got hit by a string of sex allegations which our society can't help but think is the biggest deal in the world. The latest involving and alleged long term affair right up to the present with phone records and money transfers would appeal to have locked in his demise as he has now "suspended" his campaign. I am of the opinion his downfall was close to inevitable anyways (and am a bit annoyed the sex allegations mean I won't be able to let time prove it for me). 

Newt Gingrich:
The current (and perhaps the last) runner up to Romney is Newt Gingrich. His rise is clearly very dependent on the timing, but again fundamentally stems from the fact that he came off as very likeable in the debates. This was a guy whose entire campaign staff had quit a couple months earlier and was in the low single digits poll wise. But he stepped into the debates and really shown as clearly the best or second best debater after Romney on the stage. It isn't just that he appears to be intelligent, intellectual even, or other such traits, it is predominantly that he appears to be genuinely likeable. Gingrich is sometimes characterized as acerbic, in a pejorative sense, but I think this attitude comes off more as that beloved no bullshit attitude that says it how it is which is often admired.

Partly because the Republican party as a whole has shifted considerably to the right since Gingrich was Speaker during the 90's (he was far right at the time), and partly because of his personal policy eccentricities, from a policy perspective Gingrich stands out considerably and flies against standard GOP orthodoxy of the day. However, it doesn't seem to matter if the polls are to be believed, which really underscores my view that personality, not policy, is the defining characteristic here.
Cain and Gingrich can both credit their rises to this likeability factor even though the reason why the two candidates are likeable are quite different. The important difference is that while Cain's likeability seems to vanish in conflict, Gingrich's is the type that remains and perhaps becomes even more prominent in the face of conflict. It is for this reason that I don't expect him to experience the kind of precipitous fall that the other experienced.

Ultimately, I would wish that it was indeed policy, not personalities, that dominated election contests. However, it would appear that the driver of polls is precisely the opposite.