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Keyword: baincapital

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  • Laid Off Steelworker in Anti-Romney Ad Says He Is Not Voting for Obama

    07/17/2012 10:15:30 AM PDT · by kristinn · 11 replies
    In These Times ^ | Tuesday, July 17, 2012 | Mike Elk
    “We didn't know who the hell Mitt Romney was when all that stuff started," says former GS Technologies steelworker Donnie Box of Kansas City, Missouri. "It wasn't until later we found out who Romney was. We just knew he was just another guy with money. It wasn't until his boys came and started gutting the place that we found out he was an xxxxxxx.” The media has lavished much attention lately on whether Republican presidential candidate Mitt Romney was in charge of Bain Capital from 1999 to 2002, largely because Bain closed the steel plant where Donnie Box worked in...
  • The Incredible Bain Jobs Machine

    07/17/2012 6:58:32 AM PDT · by SeekAndFind
    Wall Street Journal ^ | 07/17/2012 | Andy Kessler
    Did Mitt Romney and Bain Capital help office-supply retailer Staples create 88,000 jobs? 43,000? 252? Actually, Staples probably destroyed 100,000 jobs while creating millions of new ones. Since 1986, Staples has opened 2,000 stores, eliminating the jobs of distributors and brokers who charged nasty markups for paper and office supplies. But it enabled hundreds of thousands of small (and not so small) businesses to stock themselves cheaply and conveniently and expand their operations. It's the same story elsewhere. Apple employs just 47,000 people, and Google under 25,000. Like Staples, they have destroyed many old jobs, like making paper maps and...
  • Is Mitt Romney...Batman?

    07/17/2012 5:53:01 AM PDT · by SincerelyAmanda · 20 replies
    The Washington Times Communities ^ | July 16, 2012 | Amanda Read
    In Batman, the good guy and the rich guy are one and the same.
  • Obama’s Outsourcing of Jobs, Foreign Policy and Debt

    07/16/2012 11:11:42 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | July 16, 2012 | Brian Darling
    The left continues to pile on Mitt Romney for allegedly outsourcing jobs while at Bain Capital. Yet the mainstream media seem curiously uninterested in reporting on “outsourcing” by the Obama Administration, which has (1) outsourced stimulus monies to create jobs in foreign nations, (2) outsourced U.S. foreign policy to U.N. and (3) outsourced our kids and grandkids financial future to pay for his unprecedented spending binge. The Obama Stimulus has turned out to be an exercise in Venture Socialism . Unlike Venture Capitalism, in which investors risk their own capital to help companies launch and grown, Venture Socialism is when...
  • A Modest Proposal To Resolve Romney's Trumped Up Felony Charges

    07/13/2012 10:30:53 AM PDT · by The Looking Spoon · 7 replies
    The Looking Spoon ^ | 7-13-12 | The Looking Spoon
    Now they're trying to say that Romney lied to the SEC (a felony) about when he left Bain. This has been pretty well dispensed with as false (here and here), but this isn't stopping liberals, or the Obama campaign, from calling him a liar and criminal.If they persist with this it's going to turn into a birther type problem for them, but with less substance.I know how we can resolve this...
  • Romney Led Bain's Investment in Firm That Disposed of Aborted Fetuses

    07/02/2012 10:59:19 AM PDT · by van_erwin · 165 replies
    The Atlantic Wire ^ | July 2, 2012 | Elspeth Reeve
    David Corn has a report out this morning that pushes the continuing attacks on Mitt Romney's tenure at Bain Capital forward not just because of the business it involves — disposing of aborted fetuses — but because it extends the length of time he worked at Bain. According to Securities and Exchange Commission documents, Romney was involved in Bain's investment in a company called Stericycle in late 1999. What did Stericycle do? Well, it was a fast-growing, profitable medical waste company. But it also had some problems, such as getting fined for keeping body parts and dead animals in unmarked...
  • Obama Does Not Know What ‘Outsourcing’ Means

    06/27/2012 6:25:56 AM PDT · by SeekAndFind · 18 replies
    National Review ^ | 06/27/2012 | Kevin D. Williamson
    Could somebody please get Barack Obama to shut up about “outsourcing” until some undergraduate aide has explained to him what the word means? As it stands, the president is showing himself an ignorant rube on the subject, and that is to nobody’s advantage. The Obama campaign, as you probably know, has been running ads denouncing Mitt Romney’s role at Bain Capital, in which Romney made various business deals that had the effect of making a whole lot of money for Bain’s customers while also allowing a lot of dirty foreigners to eat, and God knows the world would be better...
  • Obama’s Third-Party History

    06/07/2012 6:42:04 AM PDT · by Servant of the Cross · 12 replies
    National Review ^ | 6/7/2012 | Stanley Kurtz
    New documents shed new light on his ties to a leftist party in the 1990s. On the evening of January 11, 1996, while Mitt Romney was in the final years of his run as the head of Bain Capital, Barack Obama formally joined the New Party, which was deeply hostile to the mainstream of the Democratic party and even to American capitalism. In 2008, candidate Obama deceived the American public about his potentially damaging tie to this third party. The issue remains as fresh as today’s headlines, as Romney argues that Obama is trying to move the United States toward...
  • White House: Cory Booker is “dead to us” (Newark Mayor in the dog house for speaking his mind)

    06/08/2012 10:13:15 AM PDT · by SeekAndFind · 7 replies
    Hotair ^ | 06/08/2012 | Erika Johnsen
    When the Obama campaign sent popular, telegenic, man-of-action Newark Mayor Cory Booker out to do a little surrogate-advocacy on their behalf last month, something happened that the Democrats certainly did not intend: Cory Booker made a very public display of intellectual integrity (I know, I know ... a rare beast in politics, but it can happen). On "Meet the Press", Booker said that Team Obama's attacks on Mitt Romney's record at private-equity firm Bain Capital and other such petty campaign tactics were "nauseating" and made him "very uncomfortable." And it felt so good.But the Democrats didn't take kindly to Booker...
  • Left pushes for $10 minimum wage, but House Democratic leadership balks

    06/07/2012 6:42:21 PM PDT · by jazusamo · 28 replies
    The Hill ^ | June 7, 2012 | Mike Lillis
    The House Democrats pushing for a steep hike in the minimum wage could face an unlikely foe: their own leadership. Behind Rep. Jesse Jackson Jr. (Ill.), almost two dozen liberal Democrats endorsed legislation this week to raise the federal minimum wage immediately from $7.25 to $10 per hour, the first such increase in three years. The lawmakers think they’ve found a winning issue in an election cycle that’s featured the rise of the Occupy movement, criticism of Mitt Romney’s path to wealth and a class-centered fight over the Bush-era tax rates. But no Democratic leaders have endorsed the measure, and...
  • Paul Krugman: 'It's Terribly Unfair Obama's Being Judged on the Failure of the Economy'

    06/03/2012 1:23:37 PM PDT · by Sub-Driver · 44 replies
    Paul Krugman: 'It's Terribly Unfair Obama's Being Judged on the Failure of the Economy' By Noel Sheppard Created 06/03/2012 - 3:22pm Readers are strongly advised to remove food, fluids, and flammables from proximity to their computers prior to reading any further. You've been warned! New York Times columnist Paul Krugman said on ABC's This Week Sunday, "It's terribly unfair that [President Obama is] being judged on the failure of the economy to respond to policies that had been largely dictated by a hostile Congress" (video follows with transcript and commentary): PAUL KRUGMAN, NEW YORK TIMES: Can I just -- these...
  • Bill Clinton hands Mitt Romney the Presidency

    06/03/2012 1:10:08 PM PDT · by Starman417 · 9 replies
    Flopping Aces ^ | 06-02-12 | DrJohn
    With friends like this.... If he could somehow get hold of his hair, Barack Obama would surely be pulling it out right now. Obama has made it clear that the direction for his re-election campaign is to attack Mitt Romney on Bain. Obama camp doubles down on Bain attacks (CBS News) Attempting to drive home the message that Mitt Romney is a corporate executive concerned with the bottom line and not American jobs, the Obama campaign released a new video on Monday attacking Romney and Bain Capital for laying off workers at an Indiana office supply factory. It's a loser....
  • Romney's Bain Capital Vs. Obama's Solyndra: Game On

    06/03/2012 1:25:37 PM PDT · by raptor22 · 1 replies
    IBD editorials ^ | June 3, 2012
    Industrial Policy: At the NATO Summit, President Obama said his opponent's private equity success vs. the administration's failed industrial policy was what this election was all about. Speaking at the bankrupt Solyndra headquarters, his GOP opponent agreed. It is said a picture is worth a thousand words. The photo of Mitt Romney holding a surprise press conference in front of the headquarters of the bankrupt solar energy firm Solyndra poster may just be worth a good portion of the 270 electoral votes needed for victory in November. "Two years ago President Obama was here to tout this building and this...
  • Friday Afternoon Roundup - The Dead Baby Media

    06/02/2012 4:50:11 AM PDT · by expat1000 · 4 replies
    Sultan Knish ^ | Friday, June 01, 2012 | Daniel Greenfield
    THE DEAD BABY MEDIA If the text on that one is too small for you, it's a CNN piece headlined, "Why the Syrian regime is killing babies." There's not much to add to that. The Syrian regime may be killing babies, but CNN killed journalism. With some help from the New York Times, the Washington Post and the BBC. Anyone who has spent time in the Middle East knows quite well that parading around dead bodies is part of the Muslim ceremony of rallying for the next attack. These aren't funerals, these are corpse parades and the corpses are often...
  • Bill Clinton: Praising Romney's business record doesn't connote endorsement

    06/01/2012 4:54:56 PM PDT · by Sub-Driver · 16 replies
    Bill Clinton: Praising Romney's business record doesn't connote endorsement By Rodney Hawkins (CBS News) PATERSON, N.J. - Former President Bill Clinton, seeking to contain the political damage from his earlier praise of Mitt Romney's "sterling" business background, said on Friday that his remarks shouldn't be construed as an endorsement. Appearing on CNN on Thursday, Clinton said of Romney: "A man who's been governor and had a sterling business career crosses the qualification threshold." Conservatives such as Rush Limbaugh crowed that the former president had "basically endorsed" the presumptive GOP nominee. But at a rally in Paterson to support Rep. Bill...
  • Clinton sticks another fork in Obama’s Bain strategy, says Romney had ‘sterling’ business career

    06/01/2012 5:03:56 PM PDT · by 2ndDivisionVet · 7 replies
    The Washington Post's The Fix ^ | June 1, 2012 | Aaron Blake
    The shelf life of President Obama’s Bain Capital strategy appears to be rapidly shrinking. Less than two weeks after Newark Mayor Cory Booker caused the Obama campaign plenty of heartburn by calling on it to “stop attacking private equity ,” the biggest name in Democratic politics (outside of Obama) has lodged his own torpedo. Bill Clinton, in an appearance on CNN last night, said that Mitt Romney has a “sterling business career” and that the campaign shouldn’t be about what kind of work Romney did. (VIDEO AT LINK) “I don’t think we ought to get into the position where we...
  • Bill Clinton criticizes Obama’s Bain attacks, praises Romney’s ‘sterling business career’

    06/01/2012 8:39:50 AM PDT · by Justaham · 10 replies
    news.yahoo.com ^ | 6/1/12 | Holly Bailey
    Former President Bill Clinton suggested in a television interview Thursday that he believes President Obama's re-election campaign should stop trashing Mitt Romney's work in the private equity industry. In an interview with CNN's "Piers Morgan Tonight," Clinton, a top Obama surrogate who is set to raise cash with the president next week, directly contradicted Democrats who have attacked Romney's business record, suggesting it does qualify him for president. "I think he had a good business career," Clinton told guest host Harvey Weinstein, a movie mogul who is one of Obama's top fundraisers. "There's no question that in terms of getting...
  • Super-PAC ads look to tie Obama to Wall Street and turn off his supporters

    05/28/2012 1:42:15 AM PDT · by neverdem · 3 replies
    The Hill ^ | 05/26/12 | Niall Stanage
    Conservative super-PACs are attempting to gin up disillusionment among President Obama's supporters and keep their turnout low in November's election, in part by highlighting his ties to Wall Street.Within the past month, three separate ads — two from the American Future Fund and one from Crossroads GPS — have assailed Obama from broadly comparable perspectives. Especially striking are the American Future Fund ads which make the kind of anti-Wall Street argument heard largely on the left. The outside groups' message contrasts with the one being pushed by Mitt Romney, the Republican candidate, who has called the Obama's "the most anti-business...
  • Obama's Bain Attacks Could Backfire

    05/28/2012 4:02:13 AM PDT · by Kaslin · 15 replies
    Townhall.com ^ | May 28, 2012 | Michael Barone
    The ham-handed Barack Obama campaign attack ads on Mitt Romney's former firm Bain Capital have drawn a lot of ire from other Democrats. And not just because they were sloppily fact-checked (the ads hit Romney for layoffs long after he left Bain) and because a leading Obama money bundler is a Bain executive himself. Chiming in with various degrees of disapproval were Newark, N.J., Mayor Cory Booker ("nauseating"), former Rep. Harold Ford, Obama car czar Steven Rattner, Sen. Mark Warner and former Pennsylvania Gov. Ed Rendell. There are other signs of unease among Democratic elites. Obama contributions from Silicon Valley...
  • Obama Donor Tied to Bain Layoffs

    05/28/2012 4:07:45 AM PDT · by tobyhill · 6 replies
    abc ^ | 5/22/2012 | By Jonathan Karl
    The Obama campaign’s latest attack tells the story of workers at an Indiana office supply company who lost their jobs after a Bain-owned company named American Pad & Paper (Ampad) took over their company and drove it out of business. Here’s what the Obama Web video doesn’t mention: A top Obama donor and fundraiser had a much more direct tie to the controversy and actually served on the board of directors at Richardson, Texas-based Ampad, which makes office paper products. Jonathan Lavine is a long-time Bain Capital executive and co-owner of the Boston Celtics. He is also one of President...