By Kevin “Coach” Collins
The Stanford Group ponzi swindle stands second only to the Madoff ponzi scheme as the biggest in history. As revealed in 2009, Allen Stanford swindled over $8 billion from his investors by selling them worthless securities.
Stealing $8 billion is something that requires help; you really can’t do it alone. In the case of Allen Stanford he had help from men who now have “extensive financial and political ties to Tagg Romney (Mitt’s son) and Spencer Zwick his chief fundraiser”, according to a new report by Lee Fang posted on a far Leftist website. Solamere a firm financed and founded with $10 million of Mitt Romney’s money and managed by Tagg Romney and Zwick. Solamere is connected to Stanford because three of Allen Stanford’s salesmen Tim Bambauer, who served as a “Managing Director” for Stanford, Deems May (a former NFL player for nine years), and Brandon Phillips who was a salesman for Stanford, joined Tagg Romney to help run Solamere Advisors, a financial products firm. Because these three sold financial products for Stanford, Romney’s promise to repeal Dodd- Frank becomes somewhat suspect and potentially grounds for non stop media attacks on Romney.
In classic Clinton-speak, Romney’s campaign spokeswoman recently made this statement about this matter: “Mitt Romney has no ties to the Stanford Financial Group or any of its activities…” This is not reassuring since there is no allegation that Romney was had “ties” to Stanford, but rather that his son Tagg and Chief fundraiser Zwick now do.
Maybe this explains it
This is all well known in the high roller/ big donor community. A recent analysis of Romney’s campaign finance reports developed that three out of four of those who have made large donations to Mitt Romney in the past are conspicuously absent now. Moreover the enthusiasm among these big donors is lacking as proved by the fact that less than half of those who immediately sent him a donation when he first announced in 2007 have contributed this time.
So which scandal has the greatest potential for killing its candidate’s chances for winning now and eventually next November? Is it one that shows those closely connected to Romney are in business with men who may yet be forced to testify to defend their involvement in a Ponzi or; one that features vague charges that “would have been brought” as is the case with the latest “victim” of Herman Cain?
The Democrats’ pals in the media are well aware of the facts involving Solamere and the Romneys. They know who Solamere employs. Is it any wonder they want Romney to win the Republican nomination?
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