POLITICS – How Mitt Romney Raised $Millions in HK & Macau

Date: 2012.11.06 | Category: Blog, Politics: All Posts | Tags: blog,Politics: All Posts

There are around 1,100 American companies in HK employing 10% of the local workforce. There are also an estimated 60,000 Americans living in the city, many of whom have been eligible to vote by post in today’s US election.

Usually Americans who’ve escaped their homeland err on the side of sanity, mostly steering clear of the loony GOP (in-keeping with every country on the planet, bar Pakistan)… However, HK – financial hub and Capital of Capitalism™ that it is – remains a natural home-away-from-home for rich, old, white male Republicans-types…

via republicans-abroad.blogspot.hk

Whilst Tea Partiers, racists, nativists, social Darwinists, homophobes and right-wing evangelicals are thinner on the ground here, the GOP can still rely on the moneyed-ageing-ex-pat-banker demographic for support. And there is no shortage - hence, the official postcard campaign for Hong Kong’s ‘Republicans Abroad’…

Note there is no mention of Candidate Romney whatsoever (on the front or back) – perhaps they are embarrassed? Maybe they’re hoping their own party might overlook/forget Mr Romney’s unfortunate 47% tape, the $10,000 bet, the ‘I like to fire people‘ gaffe, the roof dog, the forcible haircut, the empty chair nonsense, his suspicious tax returns, the Caymen Islands/Swiss bank account, his homophobia, climate change jokes, incessant flip-flopping, his lies and hypocrisy, his disdain for the poor, his ‘Corporations are people’ beliefs, the faux-Sandy relief effort, his attempts to steal the vote, his war-mongering, or the fact he hasn’t answered a question from the press in almost 3 weeks?

Oddly, Mitt is also absent from their dreadful, error-strewn website…

republicans-abroad.org

The juxtaposition of a blacker-than-black Obama did not escape one Reddit commenter…

Nevertheless, Romney’s fans-in-exile gathered for a lavish fundraiser at the Mandarin Oriental in Central just a few weeks ago. The secretive event was hosted by world-beaters such as Michael G. Desombre - an attorney for Sullivan & Cromwell LLP, the businessman Leland Sun of Pan Asian Mortgage, John Ying - founding partner of Peak Capital Partners, attorney Thomas Britt and Charles Regan, head of Asia banking at Enclave Capita. Two of Romney’s sons also hosted HK fundraisers last May…

Meanwhile, courtesy of our sister SAR, American billionaire Casino mogul Sheldon Adelson has made $43million-worth of questionable donations to Romney’s Super PACs. Adelson, a Zionist and business magnate of ‘comic book villain’ proportions, is set to receive a US$2billion tax cut if Romney wins, something he appeared somewhat reluctant to discuss with the press at the Republican National Convention.

Studies show that Romney’s tax plans would result in cuts for the rich and a higher burden for others. With no double taxation law and Americans abroad still liable for US tax, it makes sense that wealthy American expats are happy to endorse the Republicans, however insane their domestic plans.