Saturday, October 27, 2012

Romney's supporters are opportunistic venturists. They aren't business men or women.

Just like the "Queen of Versailles" Time Share boss. They are hooked on liquidity/cash flow/wealth and don't really care about investing in long term sustainability of the USA economy. It is everywhere with Romney.
...When Mitt Romney assailed Americans (click here) who he claimed don't pay federal income taxes during his infamous 47 percent rant in May, one of the guests in the room for this intimate Boca Raton fundraiser was a convicted tax cheat who had gone to jail for failing to pay a quarter of a million dollars owed to Uncle Sam.
James Batmasian, an influential Florida developer and philanthropist, was among the well-heeled crowd at this $50,000-a-plate dinner, which was held at the home of private equity mogul Marc Leder. According to his wife, Marta Batmasian, a member of Romney's Florida finance committee, her husband had attended as her guest after she was "invited for being a donor at the required level." Weeks before the event, she had contributed $50,000 to the Romney presidential effort....

The sponsor of the dinner party is known for his wild orgies. I heard an interview with Romney and the question came up, "What do you like to wear to bed?" There were some chuckles, but, then he responded, "As little as possible." You have to wonder. It rolled of his lips so easily and with pride because his wife was sitting next to him, it just seemed so natural for him.


Batmasian forecloses on Talbott properties (click here)

Date: Friday, July 23, 2010, 6:05pm EDT - Last Modified: Saturday, October 16, 2010, 3:23am EDT
James H. Batmasian, one of Boca Raton’s largest landowners, is filing multiple foreclosures against another of the city’s largest property owners.

In May, Batmasian bought four problem loans that Boca Raton-based Paradise Bank made to developer Gregory Talbott. He also secured a $4.5 million mortgage from the bank to support that purchase.
It didn’t take Batmasian long to decide what to do with those loans.
On July 15, Batmasian filed three foreclosure suits against Talbott – bringing the troubled developer’s foreclosure tally up to 14 properties.
The largest case was against Talbott personally, and his wife, over a $3.2 million mortgage. Batmasian wants to take over their 3,000-square-foot, waterfront home at 541 Kay Terrace....
Egos and power. I can hear the discussions at Thanksgiving. "So tell me son how many homes have you foreclosed on this week? What is your cash flow like? Don't you just love the lifestyle, it allows you to love the trees of Michigan which are the perfect height. Not everyone can appreciate that fact."
So, let me get this right. Batmasian buys four foreclosure properties while getting $4.5 million to mortgage the properties and then turns around and uses his new found liquidity to foreclose on more of the properties.
If that isn't enough the ego trip regarding the Talbott home is outrageous. Batmasian wants to be the largest property owner in Boca. That is what this is all about. These folks have egos that are NOT contained by shame. No different than the Versailles home. It is all about egos. They don't care about other people. They don't care about each other, they just gloat in each other's company. They are like Romney. He didn't care about people. Besides closing businesses for his cash flow, he walked all over the neighbors in California objecting to the renovations to the home with the car garage, the statement "Those people are not my job.", the son angry enough to punch the president in the nose, lying for convenience and expecting everyone to see past the lies to enjoy the victory. It is all about egos.
I don't trust him. He hasn't got good judgement. He does not understand this nation. He loves everything. Sure. Trees, people, women, the Middle Class. You know I never heard him say he loves dogs.