Top-50 List of Mitt Romney’s All-Time, Out-of-Touch, 1% Moments

September 14, 2012

Now at number #27 on the List:

GEORGE STEPHANOPOULOS: Is $100,000 middle income?

 MITT ROMNEY: No, middle income is $200,000 to $250,000 and less.

It’s helpful to know that Mitt Romney, a man who’s worth “between $150 and about $200 some-odd million dollars,” now thinking the middle income level is $250,000. Of course this is nowhere near the actual median income, reported by the Census Bureau this week at $50,000. Another out of touch moment from a candidate who has time and time again proved he doesn’t understand what middle class families are faced with –families that would wind up paying $2,000 more in taxes under the Romney plan so quarter billionaires like him can enjoy hundreds of thousands of dollars in new tax breaks they don’t need and won’t create jobs with.

And as we mark the anniversary of Lehman Brothers’ collapse, it’s these same 1% friends of Romney who he'll continue to protect, as Romney’s #43 Out-of-Touch, 1% Moment comes to mind: “I’d Like To Repeal” Wall Street Reform, which means once again allowing Wall Street to write its own rules. This is not a solution for curbing the reckless behavior that created our financial crisis in the first place, leading to millions of jobs lost and trillions lost in retirement savings. So while we continue to strengthen our middle class by restoring financial stability, it’s little comfort to find out how Romney sees the middle class.

And now for the rest of the need-to-see-to-believe list…


50) Mitt Romney Discusses His Horse’s “Gait” With Sean Hannity : "What kind of horses do you have?" asks Hannity. "[Anne] has Austrian warmbloods," says Romney, "It's a dressage horse ... for the sport she's in." "Me? I have a Missouri Fox Trotter. So mine's like a quarter horse, but just a much better gait -- it moves very fast." [Huffington Post, 4/10/12

49) “Romney says he won't release tax records beyond two years” [Daily Mail, August 24, 2012]; YET: “Romney Campaign Requested ‘Several’ Years of Tax Returns of VP Contenders” [ABC News, August 12, 2012] // In related Note: CBS News, July 4, 2012: ‘Romney's undisclosed offshore assets, including Sankaty co. in Bermuda, hint at greater wealth’

48) “Mitt Romney Heckles Beloved Bakery, Says Cookies  ‘Came From The Local 7-Eleven’” [Mediaite, April 19th, 2012]

47) ‘ROMNEY: MY WIFE DRIVES ‘A COUPLE OF CADILLACS’ [Think Progress, Feb. 24, 2012]

46) Mitt Romney goes birther, genuflecting to Trump, most hateful elements of base: 'No one has ever asked to see my birth certificate' [VIDEO: Aug. 24, 2012] // In related note: Romney: “Having [Donald Trump’s] endorsement is a delight” [L.A. Times, Feb. 2, 2012]

45) Romney To College Student: If You Want Affordable College, ‘Shop Around’ Or Join The Military [Think Progress, Mar 5, 2012] // As Think Progress notes: Romney has just “chosen a running mate who wants to gut Pell grants for more than 1 million students in the next decade. Obama, on the other hand, recently signed a bill to keep student loan interest rates from doubling.”

44) Romney: Banks are 'feeling the same thing that you're feeling' [Daily Kos, JAN 25, 2012]

43) Romney: “I’d Like To Repeal” Wall Street Reform [Think Progress, Aug 25, 2011] //  Poll Demonstrates Broad Support for Financial Reform; 77% of Americans want Tougher Rules for Wall Street [Lake Research Partners, Dec. 5, 2011] // In Related Note: Center for Responsive Politics, March 23, 2012: Wall Street's Huge Bet on Romney:‘Between his campaign committee and a monster super PAC supporting his candidacy, Romney has benefited from about 72% percent of the near $33 million Wall Street has contributed through February // SEE ALSO: Senate Banking Committee Fact Sheet: “Dodd-Frank Creates a Sound Economic Foundation to Grow Jobs, Protects Consumers, Reins in Wall Street and Big Bonuses, Ends Bailouts and Too Big to Fail, Prevents Another Financial Crisis”

42) ROMNEY ON WEALTH AMASSED AT BAIN CAPITAL AS AN OUTSORCING PIONEER: ‘Guess What? I made a lot of money.  I’ve been very successful. I’m not going to apologize for that.” [Think Progress, Mar 14, 2012] // Guess that means Romney is not going to apologize anytime soon for HOW he made a lot of money:  Washington Post, June 21, 2012: ‘Romney’s Bain Capital invested in companies that moved jobs overseas’ : “During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.”

41) “Sometimes the medicine is a little bitter,” Romney reflecting on time at Bain Capital “bankrupting five profitable businesses that ended up firing thousands of workers.”  // In an interview with The Times, Mr. Romney acknowledged that Bain Capital’s acquisitions has sometimes led to layoffs, but that he could explain them to voters.  “Sometimes the medicine is a little bitter but it is necessary to save the life of the patient,” he said. [New York Times, JUNE 4, 2007] // Former Bain employer on Romney’s attitude towards eliminating jobs: "It was very clinical ... Like a doctor. When the patient is dead, you just move on to the next patient." :  “In assessing deals, Romney and partners didn't consider whether they saved or created jobs, according to a former Bain employee who requested anonymity, citing confidentiality guidelines. When Bain partners discussed shutting down failing businesses in which they invested, Romney never suggested they had to do something to save workers' jobs. "It was very clinical," the former employee said.  "Like a doctor. When the patient is dead, you just move on to the next patient." [Boston Globe, January 27, 2008]

40) Romney, February 29, 2012: "Of course I support the Blunt amendment” // National Women’s Law Center, March 13, 2012: ‘The Blunt Amendment Takes Away Access to Critical Health Insurance Coverage for Millions of Americans’; “Extreme Blunt Amendment Could Put At Risk Preventive Care For Over 20M Women – Including Access To Contraception, Mammograms And Prenatal Screenings” [Democrats.Senate.Gov, Feb. 28, 2012]

39) “Romney Refuses To Say Whether He Would Sign Lilly Ledbetter Pay Equity Law” [Think Progress, 4/16/2012] // National Women’s Law Center: Women today are paid, on average, only 78 cents for every dollar paid to men. And the gap is even worse for women of color – African American women earn only 69 cents and Latina women earn only 59 cents for each dollar earned by males. To help address this unfair and unacceptable wage gap, President Obama signed the Lilly Ledbetter Fair Pay Act on January 29, 2009,1 restoring the protection against pay discrimination that was stripped away by the Supreme Court’s 5-4 decision in Ledbetter v. Goodyear Tire & Rubber Co. The Act reinstates prior law and makes clear that pay discrimination claims on the basis of sex, race, national origin, age, religion and disability “accrue” whenever an employee receives a discriminatory paycheck, as well as when a discriminatory pay decision or practice is adopted, when a person becomes subject to the decision or practice, or when a person is otherwise affected by the decision or practice.

38) “Romney calls Obama Iraq withdrawal decision an ‘astonishing failure’” [Washington Post, 10/21/2011] // “Three in Four Americans Back Obama on Iraq Withdrawal” [Gallup, November 2, 2011]

37) Romney in April 2007 on tracking down Osama bin Laden: “It’s not worth moving heaven and earth spending billions of dollars just trying to catch one person.” [Talking Points Memo, April 26, 2012]

36) “Romney … defended his five sons' decision not to enlist in the military, saying they're showing their support for the country by "helping me get elected."[Associated Press, Aug. 8. 2007]

35) ‘Romney Not A NASCAR Fan, But Has ‘Some Great Friends’ Who Own Teams’[Think Progress, Feb. 27, 2012]

34) Romney mocks NASCAR crowd’s inexpensive rain gear. “[T]he crowd initially booed Mr. Romney, who occasionally struck a discordant note, as when he approached a group of fans wearing plastic ponchos. ‘I like those fancy raincoats you bought,’ he said. ‘Really sprung for the big bucks.” [Think Progress, Feb. 27, 2012]

33) Romney: ‘I’ve Got A Lot Of Good Friends’ Who Are NFL Team Owners [Think Progress, March 12, 2012]

32) Romney Justifies Denying Health Care To People With Preexisting Conditions: ‘We Can’t Play The Game Like That’ [Think Progress, March 28, 2012]

31) ‘Romney Blows Off Latino Voters When Asked About His Pledge to Veto DREAM Act’ [Americans United, Jan. 11, 2012]

30) ‘Romney Struggles to Find Non-$100 Bill in Wallet,’ [Gawker, June 21, 2011]

29) Romney calls $1,500 in payroll tax relief for the middle-class a “temporary little band aid” [Bloomberg/Washington Post GOP Debate, 10/11/11]

28) “Romney calls for a tax policy that will help ‘us’ in the middle class” [CBS News, Sept. 21, 2011] // Just to note: Romney on his personal worth: “It’s between $150 and about $200 some-odd million dollars, I think that’s what the estimates are.” [Boston Globe, Jan. 25, 2012]

27)  “Romney: 'Middle-income' is $200K to $250K and less” [AP, Sept. 14, 2012]

26) “Romney’s Advice To Students: Borrow Money From Your Parents” [Think Progress, April 27, 2012] // As Think Progress notes: Romney has just “chosen a running mate who wants to gut Pell grants for more than 1 million students in the next decade. Obama, on the other hand, recently signed a bill to keep student loan interest rates from doubling.”

25) “Romney tells Philly teachers that class size doesn’t matter” [eSchool News, May 25th, 2012]

24) “Romney: Federal Workers Are Making More Money Than I Am” [Huffington Post, Nov. 8, 2011]

23) Romney’s to employed Floridians: ‘I’m Also Unemployed’ [Wall Street Journal, June 16, 2011]

22) “Mitt Romney says he knows the fear of a possible pink slip, but does not provide details” [Boston Globe, Jan. 8, 2012]

21) Mitt Romney Says We Must Only Speak of Income Inequality in ‘Quiet Rooms’ [New York Magazine, Jan. 11, 2012] //  Boston Globe, August 1, 2012: ‘Romney plan would raise taxes on middle class, analysts say’

20) Romney: “We’re going to … raise the age of retirement for Social Security”[CPAC convention speech, Feb. 10, 2012] // SEE: “Raising the Retirement Age = A Huge Benefit Cut”]

19) Forbes, 1/21/2012: ‘Romney Supervised Medical Testing Company Guilty Of Massive Medicare Fraud’

18) Romney on Home foreclosure crisis: “Let It...Hit the Bottom," [Mother Jones, Oct. 18, 2011] // Romney was recently recently toasted at a $1,000 a plate fundraiser at a billionaire NFL team owner’s home in Stockton, CA – “ground zero” of the foreclosure crisis that he’d ignore as President by “Let[ting] it …hit the bottom”

17) Romney: ‘$374k In Speaking Fees “Not Very Much” Money,’ [BuzzFeed, Jan. 17, 2012]

16) “Romney Challenges Rick Perry To $10,000 Bet At Iowa Debate” [Huffington Post, 12/10/11]

15) Romney: ‘We’re Going To Get Rid Of’ Planned Parenthood [Think Progress, Mar 14, 2012] // “Two recent public polls show majority support for Planned Parenthood, and clear opposition to efforts to bar Planned Parenthood from receiving federal funds for preventive health care such as lifesaving cancer screenings, breast exams, birth control, and STD testing and treatment, including HIV testing.” [Planned Parenthood, 3/3/11]

14) Who Among Us Doesn’t Own a Car Elevator? ‘Romney's four-car fantasy home’: “At Mitt Romney’s proposed California beach house, the cars will have their own separate elevator.There’s also a planned outdoor shower and a 3,600-square foot basement — a room with more floor space than the existing home’s entire living quarters…To help facilitate the construction plans, Romney has paid San Diego attorney Matthew A. Peterson $21,500 since 2008 to lobby city officials for the renovation.” [Politico, March 27, 2012]

13) “An ordinary [Swiss] bank account”: “Romney’s 2010 tax return reveals a Swiss bank account. “It is a bank account. Nothing more, nothing less. An ordinary bank account,” [Romney money manager Brad Malt said] [Talking Points Memo, Jan. 25, 2012]

12) “Mitt Romney Tells 'Humorous' Story About Father Closing A Michigan Factory,”[Huffington Post, 3/28/12]

11) Romney: “Paul Ryan and my plan for Medicare I think is the same, if not identical” [WBAY-TV, Green Bay, WI, Aug. 15, 2012] // MEMO: Romney-Ryan Plan Would “Essentially End Medicare,” Replace It With a Private Insurance Voucher System That Does Not Keep Up With Healthcare Costs and Ultimately Would Force Seniors to Pay $6,400 More Out-Of-Pocket for Their Care

10) Romney: “I like being able to fire people,” [CBS News, Jan. 9, 2012]

9) Romney pens New York Times op-ed titled “Let Detroit Go Bankrupt” guaranteeing “if General Motors, Ford and Chrysler get the bailout that their chief executives asked for… you can kiss the American automotive industry goodbye”[New York Times, November 18, 2008]  // SEE ALSO: “Auto Industry Adds Thousands Of Jobs To Meet Growing Demand, Proving Auto Rescue’s Success Yet Again”[Think Progress, May 23, 2012]

8) Romney: 'I'll Take A Lot Of Credit' For Auto Industry Recovery [Huffington Post, 5/8/2012] // As Think Progress notes: “Romney’s plan for a bankruptcy devoid of government financing has been blasted by auto industry insiders and reporters as “truly reckless, detached from reality, and dishonest.” “Romney’s take just doesn’t square with the facts as I lived them,” said Yahoo! Autos reporter Justin Hyde. The Economist wrote that Romney “conveniently ignores” history with his position on the rescue.” [Think Progress, May 8, 2011]

7) ABC News, August 29, 2012: ‘Romney Party Yacht Flies Cayman Islands Flag’: Gov. Mitt Romney's campaign toasted its top donors Wednesday aboard a 150-foot yacht flying the flag of the Cayman Islands. The floating party, hosted by a Florida developer on his yacht "Cracker Bay," was one of a dozen exclusive events meant to nurture those who have raised more than $1 million for Romney's bid. // “Romney Parks Millions in Cayman Islands” [ABC News, Jan. 18, 2012] //‘Romney tax returns detail funds not identified in ethics forms’ : “A review … found that at least 23 funds and partnerships listed in the couple’s 2010 tax returns did not show up or were not listed in the same fashion on Romney’s most recent financial disclosure, including 11 based in low-tax foreign countries such as Bermuda, the Cayman Islands and Luxembourg.” [L.A. Times, Jan. 26, 2012] // ‘Romney using ethics exception to limit disclosure of Bain holdings’ [Washington Post, April 5, 2012]

6) Forbes: “Mitt Romney Laughs Off Teen Bullying” [Forbes, 5/10/12The Rachel Maddow Show, 5/10/12]

5) ‘Romney's Cruel Canine Vacation” “Romney strapped a dog carrier — with the family dog Seamus, an Irish Setter, in it — to the roof of the family station wagon for a twelve hour drive from Boston to Ontario, which the family apparently completed, despite Seamus' rather visceral protest.” [‘Romney's Cruel Canine Vacation,’ TIME, June 27, 2007]

4) Romney: We don’t need more cops, firefighters or teachers [Washington Post, 06/08/2012]

3) Romney: ‘I’m Not Concerned With The Very Poor’ [Think Progress, Feb. 1, 2012]

2) Romney: ‘Corporations Are People, My Friend:’ [Think Progress, August 11, 2012]

1) THIS PHOTO from Romney’s days as CEO of Bain Capital, where he made over a hundred million dollars (and continues to receive millions of dollars a year from) as [at least] five of the companies under his firm's direction went bankrupt and thousands of workers lost their jobs.  Apparently, finding places to stuff all those profits became something of a joke amongst Romney and his cohorts.