Romney Needs This Job: He's Going Broke?

[RobertEarl]

What if Mitt is holding back his records because they show he is making less and less every year? Maybe he really is going broke and he badly needs the job as president to keep him afloat?

[madaboutharry]

1. He has $100,000.000 in a FKN IRA account in Bermuda, apart

from all his other money!

No, he isn't going broke.

[RobertEarl]

2. We'll never know

Maybe that is all he has is the IRA?

Maybe, due to his business practices he has been losing money for the last 10 years? Wouldn't look good if his income has been going down, down, down.

[liberal N proud]

3. IF he is going broke, we don't need him running the country

The fucker milked millions out of people and is going broke is a sorry history if you are trying to govern over one of the largest economies in the world.

I don't think the reason he is withholding has to do with his financial situation but more about what he has done that is questionable either in reporting taxes, his involvement with Bain or any other connections he does not want made public.

He wants to be President because it would be another trophy on his mantel another notch in his belt another line on his resume. That is the only driver to his candidacy.

[RobertEarl]

4. Exactly

If he is going broke we don't need him running the country.

Lots of millionaires have lost lots of money in the past few years.

What if Mitts tax records show he claims his income is way, way down and going lower every year?

Wouldn't we expect that his tax returns would show income rising, if he was any good at business?

[Motown_Johnny]

5. We know he is making over $20 million a year on his investments

[RobertEarl]

7. yeah?

What if he is spending $21 million?

Broke is a relative term, anyway.

Certainly he wants the job as president so that he can rake in even more money. He may even need it soon. Millionaires have gone broke before, and the way the economy is going we may see people like Romney eating Ramen like the rest of us.

[Motown_Johnny]

8. The guy isn't going broke

He wants to be President because his church has a prophecy about one of them becoming President and reshaping the country in their image.


If he was going broke why is he building a new house with elevators for his cars?

[former9thward]

6. He has released his 2010 return and his estimated 2011 return.

Those show his approximate wealth to be in the area of 200 -250 million. So no he is not going broke. His earlier returns likely show him paying a low effective tax rate. That is probably why he won't release them.