Mitt Romney’s Bailout Bonanza Mitt Romney’s Bailout Bonanza
How Mitt and Ann made millions—and Mitt’s hedge fund donors made billions—from the auto-industry rescue that he condemned.
Oct 17, 2012 / Feature / Greg Palast
Mr. Singer and Mr. Ryan Mr. Singer and Mr. Ryan
The auto bailout bill, proposed by President George W. Bush, passed in December 2008 with only thirty-two Republican votes. Among their number, to the surprise and consternation of the Tea Partiers among his supporters, was Wisconsin Representative Paul Ryan. But Ryan’s vote likely came as no surprise to the hedge funders who benefited from it the most—particularly Paul Singer, with whom Ryan has enjoyed a long and cozy relationship. Singer and his firm, Elliott Management, are the No. 1 funders of Paul Ryan’s Prosperity PAC. Indeed, it was Singer, reports The Wall Street Journal, who helped push Ryan onto the national ticket as the vice presidential nominee—but only after Ryan turned down Singer’s suggestion that he run for president himself. Ryan had already shocked his supporters by voting for the Troubled Asset Relief Program, whose funds were used to boost the auto bailout and enrich Singer’s Elliott Management. In addition to pouring $2.8 billion into Delphi, TARP sent $12 billion to Ally Financial, formerly the GM finance unit GMAC. One of the biggest holders of Ally is Paul Singer’s fund.GP
Oct 17, 2012 / Feature / Greg Palast
Election 2012 and the Missing Millennials Election 2012 and the Missing Millennials
Young voters gave Obama a decisive win in 2008. Four years later, the love affair is on the rocks.
Oct 17, 2012 / Feature / Zoë Carpenter
Binders Full of Distortion Binders Full of Distortion
His debate story about using "binders full of women" to fill government posts got Romney a lot of attention. But it wasn't true.
Oct 17, 2012 / Blog / John Nichols
Romney’s False Claims of Bipartisanship in Massachusetts Romney’s False Claims of Bipartisanship in Massachusetts
In both debates, Romney has said he worked with Democrats as governor and would do so as president. His record suggests otherwise.
Romney’s Seven Biggest Debate Lies Romney’s Seven Biggest Debate Lies
During Tuesday's presidential debate, Romney misled Americans on a number of crucial issues.
Oct 17, 2012 / Blog / George Zornick
How Romney’s Extreme Policies Insult Us All How Romney’s Extreme Policies Insult Us All
Tonight's debate is the perfect opportunity to call out Romney’s campaign dishonesty.
Oct 16, 2012 / Blog / Katrina vanden Heuvel
Patricia Williams: Paul Ryan’s Libertarian America Patricia Williams: Paul Ryan’s Libertarian America
Despite Obama's unquestionably varied record, progressives can't afford four years under a Romney-Ryan presidency.
Oct 16, 2012 / Video / Francis Reynolds
It’s Time to Debate Bain Capitalism It’s Time to Debate Bain Capitalism
Obama does not need to abandon his medium-cool persona to win tonight’s debate. He just has to set the agenda. He can do that by putting a human face on the issue of outsourc...
Oct 16, 2012 / Blog / John Nichols
Katrina vanden Heuvel: Facing the Alternative to Obama Katrina vanden Heuvel: Facing the Alternative to Obama
Despite Obama's unquestionably varied record, progressives can't afford four years under a Romney-Ryan presidency.
Oct 15, 2012 / Video / Francis Reynolds