Greg Palast’s investigative article in The Nation exposes Mitt Romney’s profit, at a minimum, of $15.3 million from the very auto industry bailout he condemns, discloses Romney’s ties with vulture capitalist Paul Singer, and highlights his knowledge and participation in the Delco takeover that held the automotive industry hostage.
This investigation raises the question of Romney’s business practices, his refusal to release his tax returns, his lack of transparency and his honesty. What are Republicans afraid will be found in Romney’s tax records that they’re not screaming to the hills, “Release your tax returns! Clear the record!”
Romney made all of his potential choices for vice president release as many as 10 years, possibly more, of their tax records, and Romney’s own father released 12 years of his tax returns stating “One year could be a fluke, perhaps done for show.”
If, as Romney’s followers claim, he has done nothing wrong, then what does he have to lose? To not release his tax returns only brings credibility to reports of his receipt of millions to secret trusts from the very bailouts he claims he opposed, confirms his ties and partnerships with vulture capitalist Singer, hides the taxes he didn’t pay, and the SEC rules he violated. Does Romney have nothing to hide? Well, “Pony up or shut up,” as my father would say.