Underscoring the prominent, if little discussed role that Mitt Romney played as a Mormon leader, the private equity giant once run by the GOP presidential frontrunner carved his church a slice of several of its most lucrative business deals, securities records show, providing it with millions of dollars worth of stock in some of Bain Capital's most well-known holdings. Romney has always been a major donor to the Church of Jesus Christ of Latter-day Saints, which requires that members "tithe," or give 10 percent of ... more→
Category Archives: Politics
Gingrich Reveals 2010 Tax Rate
Newt Gingrich said today that he paid a 31 percent tax rate in 2010 and plans to release his tax returns for 2010 Thursday, followed by the 2011 documents. “We can confirm that I paid a 31 percent rate, and although let me be clear, the 21st century Contract With America has an optional 15 percent for every American,” Gingrich said at a press availability in South Carolina. “My goal is not to raise Mitt Romney’s taxes. It’s to let everybody pay Mitt Romney’s rate. And so ... more→
The Caucus: Huntsman Leaving Race After Chat With Romney
MYRTLE BEACH, S.C. – Former Gov. Jon M. Huntsman Jr. of Utah formally ended his once promising Republican presidential run with a call for party unity, asking the five candidates he leaves on the field to end their negative ads and chastising President Obama for engaging in “class warfare.” “This race has degenerated into an onslaught of negative and personal attacks not worthy of the American people and not worthy of this critical time in our nation’s history,” he said in an address before a packed ... more→
GOP candidates lose Virginia ballot challenge
A federal judge Friday ruled against a lawsuit filed by the Governor of the Texas Rick Perry who challenged the laws for the Virginia ballot access. If the decision stands, it will be a two-way race between Mitt Romney and Ron Paul to Virginia delegates. Judge John Gibney of the U.S. District Court for the District is said Virginia Perry, Newt Gingrich, Jon Huntsman, and Rick Santorum may not appear on the March 6 Virginia primary ballot, after the failure of these candidates collected the 10,000 ... more→
Romney Warns Foes to Scale Back Attacks
In several television appearances after his drubbing of the Republican field in New Hampshire on Tuesday night, Mr. Romney assailed the angry attacks about his work for Bain Capital and urged his opponents to settle on a “new course” for their campaigns as they move south. “I think their argument fell flat here in New Hampshire,” Mr. Romney said of his rivals, Newt Gingrich and Rick Perry, on ABC’s “Good Morning America.” He added on “Fox and Friends” that “the evidence from New Hampshire last ... more→
