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NNN0LHI

(67,190 posts)
Tue Jul 17, 2012, 10:58 AM Jul 2012

Romney lobbied for and received $342 million in federal bailouts to make his Olympics successful [View all]

http://mediamatters.org/blog/2012/01/25/broadcast-media-help-whitewash-romneys-olympics/186505

Broadcast Media Help Whitewash Romney's Olympics Record Lobbying For Taxpayer Money

Blog ››› January 25, 2012 8:33 AM EST ››› LESLIE ROSENBERG

<snip>In 1999, Romney left Bain Capital to accept the job as CEO of the Salt Lake Organizing Committee (SLOC). The Romney campaign has regularly cited his work with the Olympics as central to his success in the private sector -- success Romney has sought to contrast with what he has derided as influence peddling in Washington, D.C.

In fact, The Salt Lake Organizing Committee spent millions on federal lobbyists under Romney's tenure, and secured millions in taxpayer dollars to pay for the 2002 games. The Wall Street Journal's Jonathan Weisman explained that Romney "began ramping up the Salt Lake lobbying effort shortly after taking over the Salt Lake Organizing Committee in 1999."

And those efforts paid dividends in the form of taxpayer dollars. As The New York Times reported:

{T}he federal government's contributions, thanks to Mr. Romney, were also immense. By the time the Games were over, about $342 million in federal money to plan and stage the Winter Games had flowed into Utah, a record outlay for the Olympics and nearly $50 million more in constant dollars than was spent for the Atlanta Olympics, according to a report in 2001 by the Government Accountability Office.

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Thats a lot of money in handouts for someone who hates "Big Gubmint", so much. Wouldn't you say?
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Thanks for this, I had read about Romney's "saving" through obtaining fed funds siligut Jul 2012 #1
No wonder the conservatives were so angry... Blanks Jul 2012 #2
I know that is why I posted what I did earlier. Remember they actually booed the Olympics. ArnoldLayne Jul 2012 #17
I'm just taking every opportunity to tie the two together. Blanks Jul 2012 #19
Randi Rhodes stated a figure far higher than that yesterday Beaverhausen Jul 2012 #3
probably 1.6 billion rufus dog Jul 2012 #4
I'll back you up on that... I was listening when she said it. cherokeeprogressive Jul 2012 #21
He went crying to the federal government Rosa Luxemburg Jul 2012 #5
Is this how he "saved" the Olympics? young_at_heart Jul 2012 #6
It took Mitt Romney and $1.2 billion to save the 2002 Olympics? Blanks Jul 2012 #18
Yes but Rush said that's down home good ole boy free stuff aint_no_life_nowhere Jul 2012 #7
Food and shelter evil. Entertainment good. Republican values. nt valerief Jul 2012 #10
There goes another item from Mitt Romney's resume... Jeff In Milwaukee Jul 2012 #8
do you mean, his stint in college iemitsu Jul 2012 #14
Do tell. I'm unfamiliar with that one (nt) Jeff In Milwaukee Jul 2012 #15
in case you're unfamiliar Voice for Peace Jul 2012 #26
Yep, it was the American taxpayers who 'saved' the Olympics... Spazito Jul 2012 #9
AND...He outsourced uniforms to Burma! Can't claim to be retroactively rustydog Jul 2012 #11
I think everyone is looking at this the wrong way: Blue Meany Jul 2012 #12
All told it's closer to $2B taxpayer dollars to buy his "success". n/t Egalitarian Thug Jul 2012 #13
Yahtzee! KurtNYC Jul 2012 #16
Here is a video of him bragging about getting so much money for the Olympics. Blanks Jul 2012 #20
That is a killer video NNN0LHI Jul 2012 #22
Send that to Rachel and Lawrence right fuggin' now malaise Jul 2012 #24
It's a shame that the camera work is so shoddy. Blanks Jul 2012 #25
Shhhh...... We are waiting for him to bring his work there into the debate! Motown_Johnny Jul 2012 #23
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