ISSUE: Housing
- Laurin Manning
- Oct 2, 2012 at 9:52 am
BRIDGE BRIEFING: Romney And Housing
Romney Does Not Support Helping Homeowners In Need Romney Wanted Foreclosures To Hit The Bottom Romney Believed The “Cure For Foreclosures” Was Getting Government Out Of The Way And Letting The Process Run Its Course. According to a New York Times editorial, “Since the housing bubble began to burst six years ago, prices nationwide have [...]
- Derek Pearce
- Feb 28, 2012 at 5:15 pm
Dean Heller Changes His Tune On Housing
Senator Dean Heller has just changed his tune regarding federal assistance to help underwater homeowners and mitigate the foreclosure crisis in Nevada. He has an extensive record of voting against federal foreclosure programs, yet has now suddenly decided such federal assistance is necessary.
“Senator Heller appears to have come down with a case of the Romney flip-flops. Surely he doesn’t think Nevadans will suddenly consider him a champion of foreclosure assistance despite his long record of voting against efforts to help,” said Matt Thornton, spokesman for American Bridge 21st Century.
See the research below.
- Chris Harris
- Jan 25, 2012 at 10:16 am
On Fox News, Mitt Romney Lies About His Investments In Fannie Mae & Freddie Mac
On the January 25 edition of Fox & Friends on Fox News, Mitt Romney was asked about his personal investments in Fannie Mae and Freddie Mac. He responded by falsely claiming the investment was part of a mutual fund chosen by a trustee and part of his blind trust.
BRIAN KILMEADE (HOST): Yesterday Newt Gingrich joined us and said, “I just found out that Mitt Romney was in investor in Fannie & Freddie.” What’s the truth?
MITT ROMNEY: [Laughs] That’s pretty funny. My investments, of course, are managed not by me. For the last ten years they’ve been guided and managed by a trustee, they’re in a blind trust. And the trustee invested in mutual funds and so forth and apparently one of the funds had Fannie Mae or Freddie Mac bonds.
That’s not true. As the Boston Globe originally reported in September: “And unlike most of Romney’s financial holdings, which are held in a blind trust that is overseen by a trustee and not known to Romney, this particular investment was among those that would have been known to Romney.”
Full research after the jump.
- Derek Pearce
- Nov 10, 2011 at 5:42 pm
MSNBC: Gingrich campaign plays defense on ties to Freddie Mac
On November 10, 2011, MSNBC‘s First Read reported:
Newt Gingrich found his past work with Freddie Mac under scrutiny during last night’s presidential debate, where the former House Speaker denied ever having lobbied for the mortgage giant.
CNBC debate moderator John Harwood pressed Gingrich as to why his firm received $300,000 from Freddie Mac in 2006 — two years before the mortgage finance company was forced into government conservatorship under the weight of subprime loans. The question was maybe the toughest Gingrich has received this campaign cycle.
- Shauna Daly
- Jan 1, 2011 at 11:50 am
Josh Mandel On Housing
Mandel 1 Of Only 5 To Vote Against Expanding Homestead Property Tax Exemption. In 2008, Mandel voted against S.B. 306. The bill would expand eligibility for the homestead property tax exemption, the 2.5% “rollback,” for residents of housing cooperatives by reducing the number of units a housing complex must contain to qualify as an eligible housing cooperative from 250 to 2. The bill passed the House 90-5. [S.B. 206, 12/17/08]
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MEMO: 12 Things We Could Learn From Previous Romney Tax Returns
ICYMI: With Mitt Romney still refusing to release his pre-2010 returns, we wanted to be sure that you saw our previous memo explaining why it is so important that Mitt Romney release them.
Click through for the 12 questions that Mitt Romney needs to answer by releasing his previous years’ tax returns.
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ICYMI: Romney Profited From Government Handouts
This morning, the Los Angeles Times reported on Mitt Romney’s reliance on tax breaks and government subsidies while working in private equity. The article focuses on Steel Dynamics, the same steel company featured in Romney’s positive ad released just this morning, and all of the government help they received. In fact, Dekalb County was forced to institute a new tax to pay for all of the handouts.
Despite his constant opposition to government interference in the free market, Mitt Romney has a long history of profiting from government handouts. Research after the jump.
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Scott Brown’s Website Steals Childhood Anecdote From… Elizabeth Dole
Sen. Scott Brown may have some explaining to do. It seems a passage from his website detailing the values instilled in him as a young child was stolen essentially word-for-word from former Sen. Elizabeth Dole.
Original research & screenshots after the jump.
