Mitt Romney the “buyout baron” is a liar, a con man and a scam artist. He is the founding father of the “private equity” Wall Street scam. They take over a company and inflate its short-term profits by laying off workers, cutting pensions and selling assets. They then take out huge loans in the acquired firm’s name and quickly transfer the money as “dividends” and “fees” to Bain capital. If the now deeply debt-ridden acquired firm goes bankrupt, Bain gets to keep all that money as it is untouchable in bankruptcy proceedings.
Bain socializes their losses to banks, pension insurers, etc. and privatizes their gains in the same kind of Wall Street con job that led to the mortgage crisis. Bain donates to Democrats and keeps the laws in place to allow this to go on.
Nominate Romney and you will see all of this exposed by the liberal media in the fall. He is a classic Wall Street crook and will become unelectable. If he did win, you can only expect the collusion between big government and Wall Street to become deeper and more endemic, driving the nation further into bankruptcy.
Oh wow! Another good one! Can I quote you one the Rush thread..? These are great points!
Right on brother. NOW LET’S DECLARE WAR. Let everyone you know, your representative, your senator, your govenor or any contacts you have in the republican party. WE WILL NOT SUPPORT MITT ROMNEY IN THE GENERAL ELECTION. This can not be just a threat. It really would be better if we lose, than support Mr. Romney. He would set back our causes further than Obama could possilby with a second term. I am thinking the unthinkable, and that is voting for Obama as a protest of the establishment republican dwibs.
As for that Winter Olympics ‘miracle,’ Romney needed money from the federal government to make this very short lived event into a success.
In fact, this is one reason why McCain and Romney didn’t like each other very much.
“On Sept. 19, 2000, John McCain rose in the Senate to rail against what he called the “staggering” sums that the federal government planned to spend to help Salt Lake City stage the 2002 Winter Olympics.”
http://articles.latimes.com/2008/feb/03/nation/na-olympics3