But is it really a strength?

Most have read that Mitt’s father was CEO of the failed American Motors Corporation (with vehicles such as the Pacer, Matador, and Gremlin). Recent investigation has found that Mitt Romney had a venture in to the automotive industry as well – with a supplier company named Cambridge Industries.

Must have been a success story with his whiz-bang business expertise…

WRONG!

Mitt had a venture capital firm that invested in Cambridge, and after 5 years of the acquisition-stake, BAILED-OUT, shortly after the company sought bankruptcy protection, and within a year was sold.

But the sale must have save jobs, as Mitt claims he can do for American?

WRONG!

The new owner cut over 1,000 jobs. Doesn’t sound like a success-story, does it?

Mitt has deflected this 2000 loss by stating he left the venture capital firm in 1999 to help rescue the financially troubled Salt Lake City 2002 Winter Olympics.

But wins and losses in a corporate world aren’t made in 1 year, it takes a few years of underlying changes and decisions to set the final chapter.

You read and decide what you believe on this news – you’re the voter.

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Hillary Clinton

Hillary is so owned by outside interest it’s sickening.  She is not an honest person in the least; watch these two videos and assess for yourself.  She manipulates the media and lies through her teeth – and anybody in her way becomes magically incarcerated (at the very least). She pays as much attention to the rules as our current joke of a president. Electing Hillary to the office of President will be a continuation of the same – an administration that lies, cheats,steals, and has zero credibility on the world stage. Money and favors can be the only reason she is a media darling.

• part 1
• part 2

Rudy Giuliani

Giuliani has a history of misrepresenting the truth, he is a spin-meister.

• Rudy and Cronyism – Appointments he made as mayor
• Rudy’s claim he is a terrorism expert is full of holes
• Rudy’s history of misplaced loyalty
  

The firefighters have something to say about Rudys leadership here and here

And of course a damning video from the firefighters to drive it home

Play the firefighters Video

So ask yourself – do you really want a continuation of old school politics? (I know Presidential-Race.net doesn’t.)

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Now, let’s throw some data into the picture to help you understand why we (the people of these United States) need a Presidential leader that will RETAIN jobs state-side (instead of sponsoring avenues that encourage placement of jobs over our borders and across the seas), and jump-start germination of new U.S. businesses in order to get back into a robust growth-cycle.

The U.S. Bankruptcy Courts data shows 6,705 businesses declaring bankruptcy in the second-quarter (2Q; April-May) of 2007 calendar year (CY).  To make the data more meaningful this represents a:

• 7% increase in bankruptcies over the 1Q (Jan-March) of 2007
• 38% year-over-year increase from 2Q 2006 CY.

One more tasty data tidbit – additional data indicated we have a 45% increase for the first half of 2007 (1Q + 2Q) compared to the same time-period for 2006 CY.

Factor that data in to your meaningful Presidential Candidate nomination!  Cheers!

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Hillary’s HillPAC Political Action Committee fundraising contribution practices found with discrepancies under federal investigation…Hmm, and as Presidential-Race.net has been investigating her main PAC, more may be coming.

Stay tuned, visit the Presidential-Race.net investigation here, and read the whole story as posted on Yahoo.

******************

By LARA JAKES JORDAN, Associated Press Writer 1 hour, 1 minute ago

WASHINGTON - Sen. Hillary Rodham Clinton’s presidential campaign said Monday it will return $850,000 in donations raised by Democratic fundraiser Norman Hsu, who is under federal investigation for allegedly violating election laws.

Clinton, D-N.Y., previously had planned only to give to charity $23,000 she received from Hsu for her presidential and senatorial campaigns and to her political action committee, HillPac.

The FBI is investigating whether Hsu paid so-called straw donors to send campaign contributions to Clinton and other candidates, a law enforcement official said Monday.

"In light of recent events and allegations that Mr. Norman Hsu engaged in an illegal investment scheme, we have decided out of an abundance of caution to return the money he raised for our campaign," Clinton spokesman Howard Wolfson said in a statement Monday night. "An estimated 260 donors this week will receive refunds totaling approximately $850,000 from the campaign."

Wolfson said the Clinton campaign also will vigorously review its fundraisers, including thorough criminal background checks, in the future. "In any instances where a source of a bundler’s income is in question, the campaign will take affirmative steps to verify its origin," he said.

The amount that the campaign identified as raised by Hsu would make him one of her top fundraisers. During the first six months of this year, her presidential campaign raised $52 million from individual contributors, second to Sen. Barack Obama, D-Ill., who raised $58.5 million.

Since 2004, Hsu has donated $260,000 to Democratic Party groups and federal candidates, and raised hundreds of thousands of additional dollars. He was regarded as a top party fundraiser until recent reports surfaced that he was wanted on a warrant in California in connection with a 1991 grand theft charge.

Federal authorities are looking into whether Hsu leaned on investors to contribute to political candidates after paying them big earnings from a shady business venture he was running, the law enforcement official said. Such a scam — using conduit contributors known as straw donors — is a violation of the Federal Election Campaign Act, which limits how much money individuals can give to candidates and political committees.

The FBI may be looking at other potential charges as well, according to the law enforcement official who spoke on condition of anonymity because of the ongoing investigation.

In addition to the $260,000 he contributed to federal candidates, Hsu also contributed at least $330,000 to state Democratic candidates and state party committees and ballot initiatives during the 2004 and 2006 election cycles. Among the state officials who received money were New York Gov. Eliot Spitzer and New York Attorney General Andrew Cuomo. Both have said they would divest their campaigns of the donations.

Additionally, last week Pennsylvania Gov. Ed Rendell said he would donate nearly $40,000 in contributions, and Rep. Mark Udall, D-Colo., said he had donated a $1,000 contribution to a charity that helps soldiers.

The purpose of Hsu’s business venture was unclear. The Los Angeles Times reported Monday that it was an investment pool that had recently drawn the suspicion of associates who questioned its legality.

An attorney for Hsu did not immediately respond to a request for comment Monday.

Hsu remained hospitalized in Grand Junction, Colo., where he has been since last week after failing to show up for a California court hearing. It was unclear when he might be returned to California to face the felony theft case.

Hsu pleaded no contest in 1991 to a grand theft charge that accused him of defrauding investors of $1 million. He was facing up to three years in prison when he skipped town before his sentencing in 1992. He finally surrendered to the arrest warrant Aug. 31, but disappeared before last week’s hearing where he was expected to turn over his passport and ask a judge to cut his $2 million bail in half.

Wolfson said the Clinton campaign was "unaware of Mr. Hsu’s decade-plus old warrant," despite what he described as a thorough review of public records.

Since Thursday, Hsu has been at the Colorado hospital, when he was taken from an eastbound Amtrak train for treatment of an undisclosed ailment. He’d failed to show up for the hearing a day earlier. He is expected to be taken to the Mesa County Jail in Colorado to await extradition proceedings in state court once he is well enough to leave the hospital.

***********

The whole story can be found at: http://news.yahoo.com/s/ap/20070910/ap_on_el_pr/democratic_fundraiser

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"The choice for our party could not be more clear, we cannot replace a group of corporate Republicans with a group of corporate Democrats, just swapping the Washington insiders of one party for the Washington insiders of the other."

"The American people deserve to know that their presidency is not for sale, the Lincoln Bedroom is not for rent, and lobbyists’ money can no longer influence policy in the House or the Senate."

If you recall, in 1997 it was discovered 938 individuals stayed over at the White House between 1993 and 1996, and of this 821 spent the night in the Lincoln Bedroom. All for the purposes of raising funds for the Democratic party.

John McCain went on record back in 1997, stating, "It does corroborate what we already suspected and what circumstantially was already known to us, and that is, that the president of the United States, in seeking to raise money for his re-election, was willing to use the Lincoln Bedroom, probably one of the more sacrosanct places in America, in order to gain those financial funds which he felt were necessary," McCain said. "And I’m deeply disappointed and I’m sure the American people will be too."

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The AFL-CIO is the United States largest federation of labor unions. It has postponed making an unanimous endorsement in the Democratic presidential primary, freeing its 55 unions to choose for themselves from the eight contenders.

"There is not a consensus candidate," Karen Ackerman, political director of the AFL-CIO, said Wednesday, one day after the candidates tried to impress union leaders at a presidential forum. Get the full story from the Associated Press.

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