Mitt Romney just can’t relate to most Americans as evidenced by the numerous gaffes about his wealth over the course of the campaign. Even worse than being out of touch however, is being ignorant of the fact that you are.
If you were to name corporate groups that represent the most despicable practices of American business, they would be Wall Street, big banks, and big oil.
So who’s name do you think has surfaced as a contender for the top position in a Romney White House, namely Chief of Staff?
Jack Gerard, big oil’s top lobbyist.
And the I suppose the President of Bank of America for V.P.?
Big oil has already given Romney $905,880. securing them a place at the table; but actually giving their top lobbyist a job – does Romney think taxpayers will put up with paying that guy’s salary?
What a stark contrast to Obama’s policy:
“No political appointees in the Obama-Biden administration will be permitted to work on regulations or contracts directly and substantially related to their prior employer for two years. And no political appointee will be able to lobby the executive branch after leaving government service during the remainder of the administration.”
As for Gerard, according to CNN Money, he “simplified” the American Petroleum Institute by:
“…firing 20% of the staff and paring priorities from a sprawling list of two dozen items, including research into alternative energy, to just six, focused on expanding onshore and offshore drilling and blocking proposals such as the Senate Democrats’ effort to cut about $21 billion in tax breaks over 10 years.”
It was Gerard who helped quash a House bill “to boost safety standards for offshore drilling and remove a liability cap for oil spills” by organizing contrived state level “rallies” for big oil.
The American Petroleum Institute is”…the lobbying arm of some of the world’s largest companies (Exxon, Chevron, and ConocoPhillips are Nos. 2, 3, and 4, respectively, on the Fortune 500 ranking of companies by revenue)”
and I’m sure the big five oil companies are more than ready to spend some of their combined …record-high $137 billion in profits…(2011) to try and get Romney into the White House. Here’s a few fun facts about Mr. Gerard’s oil clients from the Center For American Progress:
- They produced 4 percent less oil and “oil equivalent” in 2011 compared to 2010.
- They spent a total of $38 billion, or 28 percent, of their profits to repurchase their own stock.
- They are sitting on more than $58 billion in cash reserves as of the end of 2011.
- They spent $1.6 million on campaign contributions and $65.7 million on lobbying efforts.
- For every $1 spent on lobbying in Washington, the big five received $30 worth of tax breaks.
The last place big oil or its mob boss belongs is in the White House.