Robin Roberts of ABC News has a new interview of Ann Romney that begins (around the 1:00 mark of the video) with the topic of Mitt’s refusal to release more of his tax returns, in keeping with the practices of many presidential candidates of both parties. Ann’s response included a very interesting suggestion. “You know, you should really look at where Mitt has led his life, where he’s been financially. He’s a very generous person . . .” said Ann (with emphasis in the original).
You know, Ann, that’s a good idea.
A really good idea.
I’d really, really love to look at where Mitt has led his life, and where he’s been financially.
But where to start? Oh, I could read biographies of Mitt or listen to his speeches, or listen to his friends or family talk about him, but those are words. Instead of just words, let’s try a little applied moral theology, as I explained it last October:
The late Lutheran poet and seminary professor Gerhard Frost wrote a short poem entitled “Autobiography,” which opens with four questions a person might ask themselves as they sit down to write an autobiography. He closes, though, with a single, simple thought. I don’t need to write anything more, because I’ve already written enough for you to see who I am. Concludes Frost: “My check stubs are enough.”
I thought of this poem as I came across these words yesterday from former Chancellor Canon of St. Paul’s Cathedral, Giles Fraser back in June 2010: “the best way to assess what someone believes is to look through their bank statement. Forget fancy words and sermons, money is the way we mean it – or we don’t. Money is the sacrament of moral seriousness.”
Using religious language to talk about money fits easily with Wall Street. In every bank and brokerage house, from the lowliest trader to the occupant of the corner office, money is how you are measured. MOTU bosses assess their peons: “What did you earn for us this year, this quarter, this month, this year? How does that stack up with what everyone else around here did? How does it stack up against our competitors?” Meanwhile, clients ask about return on investments, asking “could we have done better with a different company?”
[snip]
Put Frost and Fraser together, and you get a profound and simple way in which to assess the moral character of MOTUs on Wall Street, lobbyists on K Street, or businesses on Main Street.
Or, like Frost, it’s how we assess ourselves. Pull out your checkbook, and look at the entries. How would you feel if you could look over the shoulders of your descendants, as they pored through your check stubs?
Or, dare I say it, it’s how one might assess MOTUs on Wall Street who are running for president.
If Mitt is this great and grand businessman, hugely successful on Wall Street by the metric that matters most — money — and he’s a master of economic decisionmaking and measuring value, let’s take a look at the Romney finances so we can get a moral measure of the man not just in the way he talks, but in the way he leads his life, one nickel at a time.
Thanks, Ann. That’s a great idea.
Sadly, back in that ABC interview, Ann backed off of her own idea rather quickly. When Robin Roberts asked the obvious followup question, Ann got up on her high horse (so to speak), and chastised those asking for Mitt to release more of his tax returns:
Robin Roberts: “Why not show that, then?”
Ann Romney: “Because there are so many things that will be open again for more attack. . . . We’ve given all you people need to know and understand about our financial situation and about how we live our life.”
That’s a very illuminating answer, Ann. If there are so many things that will be attacked in those earlier tax returns, then we clearly DON’T have everything we need to know in order to understand how you two live your life, nor the values by which Mitt would seek to organize our nation’s life.
If Mitt won’t trust us with his check stubs, why should we trust him with our nation’s checkbook?
_____
photo h/t to CarbonNYC



21 Comments

Thank you for the post, I was thinking the same thoughts about Mrs. Romney’s comment about their finances as proof of their good life. Recommended.
For me, Ann Romney’s word is good enough. I mean, what presidential candidate’s wife wouldn’t be completely candid with the media and the American people about her husband’s financials?
A lot of check stubs with “dancing horses” as the memo item ought to tell us a lot.
I contribute to a wonderful horse rescue group in suburban Maryland. They could care for a LOT of horses with the crumbs from Mrs. Romney’s checkbook.
I think the best followup question would have been, “Should they eat cake?”
brilliant
did you come up with that peterr?
if obama adopts that saying he will gain 5 points
Yes, that was mine.
My bet is that Romney doesn’t want to release his tax forms for two reasons-
* The records will show that he has not been truthful with us in regards to Bain Capital
* He probably paid zero taxes in recent years, and doesn’t want that out of the bag
In the greater scheme of things influencing the quality of life for the 99% in the USA, this just doesn’t matter. Notice that O doesn’t have much in the way of accomplishments that benefit the 99% rather than his brethren in the 1% to laud. When you can’t run on your record, his campaign runs attack ads that function as distractions instead.
We don’t need Mitt’s tax returns to know that he’s a ruthless prick who made his fortune by exploiting the 99%, legally.
I’m telling you. THIS issue has legs. BIG legs. And its’ not gonna go away anytime soon. They’re position on non-disclosure and her comments are simply not gonna sit very well with a large portion of the country.
Oh, nice article Peterr.
‘Concludes Frost: “My check stubs are enough.”’
I call bullshit. While there is a certain commitment implied by putting one’s money where one’s mouth is, it’s not always that simple. Some people use church membership and/or charitable contributions as social cover, a way to be accepted and have personal access to “the right people”.
You people don’t need to know anymore. You know too much already. You weren’t supposed to find out about,the deduction for our dancing horse. You people have no right to know that. Same for Semus. Youse never even asked, just assumed he didn’t like it.
You people don’t need to know anymore. You know too much already. You weren’t supposed to find out about,the deduction for the danncing horse. You people have no right to know that. Same for Semus. Youse never even asked, just assumed he didn’t like it.
“You people…”
You people = “the help”
It’s a mystery. We already know that he took a $77,000 tax deduction for his dancing horse in a single year. That single deduction is more than 73% of US households EARN in a year. What could he possibly have hidden in his returns that could be more offensive to more Americans than that?!?!?!?!?
Thank you, Peterr, I always appreciate reading your commentaries for their simple truths.
Maybe Mitt and Princess Ann don’t want we (the) people to contemplate the extent of their underwriting of certain political activities via their “tithing.”
Good Mormons are supposed to tithe, that is 10% to the church. What do you suppose the reaction would be from RLDS HQ in Salt Lake City if Mitt had skimped on his 10%?
Come on, Mitt, show us your returns.
hbb–
I agree. I can’t see what good it would do to release his returns, since only tax attorneys would be able to accurately decipher anything about them. I think we all know that our corrupt, lazy and (generally) inept mainstream media would never conduct a truly informative discussion of his taxes. Indeed, any discussion led by them, would likely be chock-full of “bright shiny objects,” intended to distract.
It also risks opening up the whole can of worms about John and Teresa Heinz Kerry’s fortunes. Apparently, in 2008, Teresa Heinz Kerry was ranked #1062 in Forbes list of billionaires. And John Kerry was the richest lawmaker in congress in 2009, until a Texas representative (elected in 2010) knocked him out of that position.
Here’s the link to Politics Daily (HuffPost):
http://www.politicsdaily.com/2010/08/31/john-kerry-is-richest-as-lawmakers-grow-wealth-in-recession-new/
To many Republicans and Independents, this whole discussion reeks of opportunism and intellectual dishonesty, since Democrats didn’t appear to think that John Kerry was “disconnected from the Everyday Joe,” when he was windsurfing, etc., in 2004.
So many, if not all, of our elected representatives have stock holdings, etc., in multinational corporations (and are neoliberals), how does the American public hold anyone’s feet to the fire, regarding outsourcing, free trade, etc. Look at all the trade agreements that O has put through, that Bush only began work on. And, for Pete’s sake, have we forgotten the damage that Clinton did to this nation, with NAFTA? Or Carter, with the formation of the Trilateral Commission? IMHO, this is one topic that Democrats need to avoid like the plague. Don’t forget, there are a few “protectionist” Republicans, especially among the conservative Republicans. Other than Bernie Sanders, I can’t think of a single Democrat who’s not a neoliberal.
If anything, the administration and the Democratic Party would be wise to put forth an agenda that will restore this nation economically. This is one election, when “policy” will really matter. I truly believe that it is a gross miscalculation, if the Obama administration thinks that gimmicks and marketing, will win the White House a second time.
Thank you for the diary. It is thought-provoking. Recommended.
[Truthfully, I've long ago discounted what spouses have to say about anything. I have enough trouble navigating through the web of deceit and lies, spun by most candidates. :-)]
Mad As Hell
Frost isn’t talking merely about charitable donations. He’s saying “if you want to know who I am and what I think is important, look at everywhere I spend my money.”
For instance, if you* spend $8000 for a three day intensive coaching session from the Rushbiddies for your daughter to learn how to act in order to get into the “right” sorority, it says something about who you are — very little of which is terribly nice, according to Drew Magary.
____
*Drew was picking up on an NYT story that does not at all mention Ann Romney. I mention the story here because it’s a great example of the people with more money than sense and how they demonstrate that to the rest of us.
Mrs romney told me all I need to know and she was right.
Superb, Peterr!
Recommended, as always, to the conscience and consideration of every one at FDL
“If Mitt won’t trust us with his check stubs, why should we trust him with our nation’s checkbook?”
We might add:
If Barack doesn’t trust us sufficiently to tell us the truth, then how may we trust that he has our interests at heart?
DW