Oct 20, 2012
Through a closely held equity fund called Solamere, Mitt Romney and his wife, son and brother now have a direct investment stake in the electronic voting machines that may decide the November election.
In other words, a candidate for the presidency of the United States, and his brother, wife and son, have a straight-line financial interest in the voting machines that could decide this fall's election. These machines cannot be monitored by the public. But they will help decide who "owns" the White House.
They are especially crucial in Ohio, without which no Republican candidate has ever won the White House. In 2004, in the dead of election night, an electronic swing of more than 300,000 votes switched Ohio from the John Kerry column to George W. Bush, giving him a second term. A virtual statistical impossibility, the 6-plus% shift occurred between 12:20 and 2am election night as votes were being tallied by a GOP-controlled information technology firm on servers in a basement in Chattanooga, Tennessee. In defiance of a federal injunction, 56 of Ohio's 88 counties destroyed all election records, making a recount impossible. Ohio's governor and secretary of state in 2004 were both Republicans, as are the governors and secretaries of state in nine key swing states this year.
As we have previously reported, H.I.G. Capital has on its board of directors at least three close associates of the Romney family. H.I.G. Capital directors John P. Bolduk and Douglas Berman are major Romney fundraisers. So is former Bain and H.I.G. manager Brian Shortsleeve. H.I.G. employees have contributed at least $338,000 to Romney's campaign. Fully a third of H.I.G.'s leadership previously worked at Romney's old Bain firm.
But new research now shows that the association doesn't stop with mere friendship and business associations. Mitt Romney, his wife Ann Romney, and their son Tagg Romney are also invested in H.I.G. Capital, as is Mitt's brother G. Scott Romney.
The investment comes in part through the privately held family equity firm called Solamere, which bears the name of the posh Utah ski community where the Romney family retreats to slide down the slopes.
Unlike other private equity firms, Solamere does not invest in companies directly. Instead, Solamere invests in other private equity funds, like H.I.G. Capital. Solamere calls them "partners." These partners, like H.I.G., then invest in various enterprises, like Hart Intercivic, the nation's third-largest voting machine manufacturer.
As reported by Lee Fang of The Nation, Solamere was founded by Tagg Romney and Spencer Zwick, Papa Romney's campaign finance chair. Ann Romney and Mitt's brother G. Scott Romney are also invested. Mitt himself threw in $10 million "seed money" to get the fund going, and spoke personally to its first full investors conference. Solamere's public web presence has been reduced to a front page only, so a complete list of it's "partners" can not be found. But reportage by the New York Times, Boston Globe, Esquire and the Nation have slowly given us a partial picture of which funds are being funded by Solamere. Some $232 million has been raised so far, according to SEC filings and industry publications.
In addition to Romney's finance chair Spencer Zwick, Solamere has also provided the campaign with its finance director, Richard Morley, and a western regional finance coordinator, Kaitlin O'Reilly. O'Reilly is listed as an "executive assistant" at Solamere, and also at SJZ LLC, which was founded by her boss Spencer Zwick. The SJZ LLC campaign finance consulting firm has billed Mitt's campaign over $2 million this election cycle as well as doing another $9,687,582 in billing to various Congressional Campaigns. The host of the private fundraiser at which Romney made his infamous "47%" speech was Marc J. Leder, co-CEO of Sun Capital, another "partner" of the Solamere fund.
As in virtually every close presidential race, Ohio may well hold the key to the Electoral College decision as to who will become the nation's next chief executive. The presence of Hart Intercivic machines in Hamilton County, home to Cincinnati, means there is a high likelihood the votes that will decide the presidency will be cast on them. Major media like CBS have begun reporting thatCincinnati could be "ground zero" in this year's election.
But these Hart machines are deeply flawed and widely know to be open to a troubling variety of attacks and breakdowns. There is no legal or other means to definitively monitor and re-check a tally compiled on Hart or other electronic voting machines. Ohio's current governor and secretary of state are both Republicans.
Does this mean the Romney investment in Hart Intercivic through H.I.G. Capital and Solamere will yield it not only financial profits but the White House itself?
Tune in during the deep night of November 7, when the electronic votes in swing state Ohio are once again opaquely reported to the nation and the world, without meaningful public scrutiny or legal recourse.
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Harvey Wasserman
Harvey Wasserman is an activist and author. His first book "Harvey Wasserman's History of the United States" was published in 1972. Harvey edits www.nukefree.org.
Bob Fitrakis
Bob Fitrakis is a Political Science Professor in the Social and Behavioral Sciences department at Columbus State Community College. He and Harvey Wasserman have co-authored four books on election protection, including "How the GOP Stole America's 2004 Election & Is Rigging 2008," and "What Happened in Ohio?: A Documentary Record of Theft and Fraud in the 2004 Election."
Gerry Bello
Gerry Bello is chief researcher for Free Press.
Through a closely held equity fund called Solamere, Mitt Romney and his wife, son and brother now have a direct investment stake in the electronic voting machines that may decide the November election.
In other words, a candidate for the presidency of the United States, and his brother, wife and son, have a straight-line financial interest in the voting machines that could decide this fall's election. These machines cannot be monitored by the public. But they will help decide who "owns" the White House.
They are especially crucial in Ohio, without which no Republican candidate has ever won the White House. In 2004, in the dead of election night, an electronic swing of more than 300,000 votes switched Ohio from the John Kerry column to George W. Bush, giving him a second term. A virtual statistical impossibility, the 6-plus% shift occurred between 12:20 and 2am election night as votes were being tallied by a GOP-controlled information technology firm on servers in a basement in Chattanooga, Tennessee. In defiance of a federal injunction, 56 of Ohio's 88 counties destroyed all election records, making a recount impossible. Ohio's governor and secretary of state in 2004 were both Republicans, as are the governors and secretaries of state in nine key swing states this year.
As we have previously reported, H.I.G. Capital has on its board of directors at least three close associates of the Romney family. H.I.G. Capital directors John P. Bolduk and Douglas Berman are major Romney fundraisers. So is former Bain and H.I.G. manager Brian Shortsleeve. H.I.G. employees have contributed at least $338,000 to Romney's campaign. Fully a third of H.I.G.'s leadership previously worked at Romney's old Bain firm.
But new research now shows that the association doesn't stop with mere friendship and business associations. Mitt Romney, his wife Ann Romney, and their son Tagg Romney are also invested in H.I.G. Capital, as is Mitt's brother G. Scott Romney.
The investment comes in part through the privately held family equity firm called Solamere, which bears the name of the posh Utah ski community where the Romney family retreats to slide down the slopes.
Unlike other private equity firms, Solamere does not invest in companies directly. Instead, Solamere invests in other private equity funds, like H.I.G. Capital. Solamere calls them "partners." These partners, like H.I.G., then invest in various enterprises, like Hart Intercivic, the nation's third-largest voting machine manufacturer.
As reported by Lee Fang of The Nation, Solamere was founded by Tagg Romney and Spencer Zwick, Papa Romney's campaign finance chair. Ann Romney and Mitt's brother G. Scott Romney are also invested. Mitt himself threw in $10 million "seed money" to get the fund going, and spoke personally to its first full investors conference. Solamere's public web presence has been reduced to a front page only, so a complete list of it's "partners" can not be found. But reportage by the New York Times, Boston Globe, Esquire and the Nation have slowly given us a partial picture of which funds are being funded by Solamere. Some $232 million has been raised so far, according to SEC filings and industry publications.
In addition to Romney's finance chair Spencer Zwick, Solamere has also provided the campaign with its finance director, Richard Morley, and a western regional finance coordinator, Kaitlin O'Reilly. O'Reilly is listed as an "executive assistant" at Solamere, and also at SJZ LLC, which was founded by her boss Spencer Zwick. The SJZ LLC campaign finance consulting firm has billed Mitt's campaign over $2 million this election cycle as well as doing another $9,687,582 in billing to various Congressional Campaigns. The host of the private fundraiser at which Romney made his infamous "47%" speech was Marc J. Leder, co-CEO of Sun Capital, another "partner" of the Solamere fund.
As in virtually every close presidential race, Ohio may well hold the key to the Electoral College decision as to who will become the nation's next chief executive. The presence of Hart Intercivic machines in Hamilton County, home to Cincinnati, means there is a high likelihood the votes that will decide the presidency will be cast on them. Major media like CBS have begun reporting thatCincinnati could be "ground zero" in this year's election.
But these Hart machines are deeply flawed and widely know to be open to a troubling variety of attacks and breakdowns. There is no legal or other means to definitively monitor and re-check a tally compiled on Hart or other electronic voting machines. Ohio's current governor and secretary of state are both Republicans.
Does this mean the Romney investment in Hart Intercivic through H.I.G. Capital and Solamere will yield it not only financial profits but the White House itself?
Tune in during the deep night of November 7, when the electronic votes in swing state Ohio are once again opaquely reported to the nation and the world, without meaningful public scrutiny or legal recourse.
Harvey Wasserman
Harvey Wasserman is an activist and author. His first book "Harvey Wasserman's History of the United States" was published in 1972. Harvey edits www.nukefree.org.
Bob Fitrakis
Bob Fitrakis is a Political Science Professor in the Social and Behavioral Sciences department at Columbus State Community College. He and Harvey Wasserman have co-authored four books on election protection, including "How the GOP Stole America's 2004 Election & Is Rigging 2008," and "What Happened in Ohio?: A Documentary Record of Theft and Fraud in the 2004 Election."
Gerry Bello
Gerry Bello is chief researcher for Free Press.
Through a closely held equity fund called Solamere, Mitt Romney and his wife, son and brother now have a direct investment stake in the electronic voting machines that may decide the November election.
In other words, a candidate for the presidency of the United States, and his brother, wife and son, have a straight-line financial interest in the voting machines that could decide this fall's election. These machines cannot be monitored by the public. But they will help decide who "owns" the White House.
They are especially crucial in Ohio, without which no Republican candidate has ever won the White House. In 2004, in the dead of election night, an electronic swing of more than 300,000 votes switched Ohio from the John Kerry column to George W. Bush, giving him a second term. A virtual statistical impossibility, the 6-plus% shift occurred between 12:20 and 2am election night as votes were being tallied by a GOP-controlled information technology firm on servers in a basement in Chattanooga, Tennessee. In defiance of a federal injunction, 56 of Ohio's 88 counties destroyed all election records, making a recount impossible. Ohio's governor and secretary of state in 2004 were both Republicans, as are the governors and secretaries of state in nine key swing states this year.
As we have previously reported, H.I.G. Capital has on its board of directors at least three close associates of the Romney family. H.I.G. Capital directors John P. Bolduk and Douglas Berman are major Romney fundraisers. So is former Bain and H.I.G. manager Brian Shortsleeve. H.I.G. employees have contributed at least $338,000 to Romney's campaign. Fully a third of H.I.G.'s leadership previously worked at Romney's old Bain firm.
But new research now shows that the association doesn't stop with mere friendship and business associations. Mitt Romney, his wife Ann Romney, and their son Tagg Romney are also invested in H.I.G. Capital, as is Mitt's brother G. Scott Romney.
The investment comes in part through the privately held family equity firm called Solamere, which bears the name of the posh Utah ski community where the Romney family retreats to slide down the slopes.
Unlike other private equity firms, Solamere does not invest in companies directly. Instead, Solamere invests in other private equity funds, like H.I.G. Capital. Solamere calls them "partners." These partners, like H.I.G., then invest in various enterprises, like Hart Intercivic, the nation's third-largest voting machine manufacturer.
As reported by Lee Fang of The Nation, Solamere was founded by Tagg Romney and Spencer Zwick, Papa Romney's campaign finance chair. Ann Romney and Mitt's brother G. Scott Romney are also invested. Mitt himself threw in $10 million "seed money" to get the fund going, and spoke personally to its first full investors conference. Solamere's public web presence has been reduced to a front page only, so a complete list of it's "partners" can not be found. But reportage by the New York Times, Boston Globe, Esquire and the Nation have slowly given us a partial picture of which funds are being funded by Solamere. Some $232 million has been raised so far, according to SEC filings and industry publications.
In addition to Romney's finance chair Spencer Zwick, Solamere has also provided the campaign with its finance director, Richard Morley, and a western regional finance coordinator, Kaitlin O'Reilly. O'Reilly is listed as an "executive assistant" at Solamere, and also at SJZ LLC, which was founded by her boss Spencer Zwick. The SJZ LLC campaign finance consulting firm has billed Mitt's campaign over $2 million this election cycle as well as doing another $9,687,582 in billing to various Congressional Campaigns. The host of the private fundraiser at which Romney made his infamous "47%" speech was Marc J. Leder, co-CEO of Sun Capital, another "partner" of the Solamere fund.
As in virtually every close presidential race, Ohio may well hold the key to the Electoral College decision as to who will become the nation's next chief executive. The presence of Hart Intercivic machines in Hamilton County, home to Cincinnati, means there is a high likelihood the votes that will decide the presidency will be cast on them. Major media like CBS have begun reporting thatCincinnati could be "ground zero" in this year's election.
But these Hart machines are deeply flawed and widely know to be open to a troubling variety of attacks and breakdowns. There is no legal or other means to definitively monitor and re-check a tally compiled on Hart or other electronic voting machines. Ohio's current governor and secretary of state are both Republicans.
Does this mean the Romney investment in Hart Intercivic through H.I.G. Capital and Solamere will yield it not only financial profits but the White House itself?
Tune in during the deep night of November 7, when the electronic votes in swing state Ohio are once again opaquely reported to the nation and the world, without meaningful public scrutiny or legal recourse.
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.