Posted on 01/28/2008 11:19:52 PM PST by Tigen
Originally, there were to be three acceptable choices the right-wing media elites would champion. All three had large corporate backing and each had their group of insiders on K street. Unfortunately, once the posturing was over and the voting began, the Republican primary attendees had the unmitigated gall to vote for someone who wasn’t one of “The Chosen.” Things were further complicated when one of the triumvirate decided he would rather play the part of a District Attorney on TV then a presidential candidate in real life. Another acceptable candidate took a cue from his fellow New Yorkers and retired to South Florida rather than run a national campaign. This left Mitt Romney, the one-term governor from Massachusetts as the only viable candidate in the eyes of the chattering class.
If you have listened to talk radio or perused a conservative column in the last 60 days, you know two things. Mitt Romney is a true conservative and the next best thing to Ronald Wilson Reagan.
Governor Romney had something going for him besides personal wealth and central casting looks. The governor was the founder of Bain Capital, a private equity group. The company specializes in leverage buyouts and made billions of dollars throughout the eighties and nineties. This is the company that made Mitt Romney a wealthy man, with a net worth around $250,000,000. Romney, who stepped down in 1999 when he took over the Salt Lake City Olympics, is still a silent partner in the company and, according to the governor’s financial disclosure, will continue to receive profits from Bain Capital through February 2009. These facts alone might seem innocuous enough, but consider the latest acquisition Bain has its eye on.
Romney is a former CEO of Bain & Company, a management consulting firm, and the co-founder of Bain Capital, a private equity investment firm. From 1978 to 1984, Romney was a vice president of Bain & Company, Inc., another management consulting firm based in Boston. In 1984, Romney left Bain & Company to co-found a spin-off private equity investment firm, Bain Capital.[11] During the 14 years he headed the company, Bain Capital's average annual internal rate of return on realized investments was 113 percent,[12] making money primarily through leveraged buyouts.
On November 16, 2006, Clear Channel Communications agreed to be acquired by Bain Capital and Thomas Lee Partners for nearly $19 billion.
Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. Clear Channel, founded in 1972 by Lowry Mays and Red McCombs, wields considerable influence in radio broadcasting, concert promotion and hosting, and fixed advertising in the United States through its subsidiaries. The largest U.S. radio station owner owns over 1,100 full-power AM, FM, and shortwave radio stations, twelve radio channels on XM Satellite Radio, and more than 30 television stations in the United States, among other media outlets in other countries. The present head of the company is Mark Mays, and its headquarters is located in San Antonio, Texas.
The term "clear channel" comes from AM broadcasting, referring to a channel (frequency) on which only one station transmits. In U.S. and Canadian broadcasting history, "clear channel" (or class I-A) stations had exclusive rights to their frequencies throughout most of the continent at night, when AM stations travel very far due to skywave. WOAI in San Antonio, one of Clear Channel's first acquisitions, was such a station. On November 16, 2006, Clear Channel announced plans to go private, being bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $18.7 billion, which is just under a 10 percent premium above its closing price of $35.36 a share on November 16 (the deal values Clear Channel at $37.60 per share).[1][2] The new ownership of Clear Channel has also announced that all of its TV stations were for sale, as well as 448 radio stations that were outside of the top 100 markets.[3] All of the TV stations and 161 of the radio stations were sold to a Providence Equity Partners, a private-equity firm, on April 23, 2007, pending FCC approval. Premiere Radio Networks is a US-based radio network. It is the largest syndication company in the United States based on popularity of programming. It is a wholly owned subsidiary of Clear Channel Communications and was headed until recently by Kraig Kitchin who is currently transitioning out, handing the reins over to CC Executive Charlie Rahilly.
Premiere programs are heard on over 5000 radio stations worldwide, primarily in the United States and Canada and through streaming audio over the Internet on their system called Streamlink. Several programs are heard on XM Satellite Radio, of which XM is the exclusive satellite provider for Premiere. Programs
The Glenn Beck Program Weekdays 9A-12A The Rush Limbaugh Show Weekdays 12P-3P Rush Limbaugh Week in Review Weekends TBA Just to name a few!There are hundreds more. 24/7 Radio Networks Fox News Radio - Premiere feeds this network thanks to a programming agreement between Fox News and Clear Channel. Fox Sports Radio - Premiere completely owns and operates this network and distributes it to AM, FM, Worldspace, and XM. ReachMD - Exclusively on XM Satellite Radio National Lampoon Comedy Radio - Handles sales and distribution of the network, which is currently only planned for digital radio platforms. John Hogan is CEO of Clear Channel Radio[1] (a subdivision of Clear Channel Communications) in San Antonio, Texas. A 25 year radio veteran, he is responsible for the operations of nearly 1200 U.S. radio stations and nationally syndicated radio shows; including those of Rush Limbaugh, Ryan Seacrest, Casey Kasem, and Donald Trump.
Clear Channel has purchased interest in, or outright acquired, companies in a number of media or advertising related industries. Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney. Romney was the Governor of Massachusetts from 2003 to 2007. In addition to Romney, the firm was also founded by two other partners from the consulting firm Bain & Company: T. Coleman Andrews III and Eric Kriss. Bain Capital was originally conceived as a combined equity start-up and leveraged buyout fund, """an innovative strategy at the time"""
Once again the McDole08 crowd is shilling for Capt. Strawberries. You are only sowing the seeds of our destruction.
Somebody help me out here; PLEASE.
Why do all the polls show that McCain (whom I do not like) is the only one who can defeat The Hildebeast or Osama-Obama?
Most polls I see, shows Romney getting trounced. Whassup with that? I’m asking because I really want to know.
So you are saying anyone who does not like Limbaugh is a liberal?
Really?
When I think about policies McCain would actually implement, with the aid of a willing liberal Congress, there’s no way I want him in the driver’s seat!
Energy, Imigration, Foreign Policy, Defense Spending, Defense Policy, and LIBERAL SCOTUS appointments!!!!!
Because that is what they want you to believe.
>>>No wonder Fred Thomson,Duncan Hunter and or any other candidate could not get traction<<<
I see the Huckster Tin-Foil-Hat Crowd is up early today.
I call BS on Tigen. Who on talk radio has said this? I want names and I want times. Even Mitt Romney support Hugh Hewitt won't say this.
You lie on this, you'll lie on anything, Tigen.
No... but if you TRASH Rush... you could not possibly be a Conservative. Disagree or dislike yes... TRASH... no.
LLS
IT'S A CONSPIRACY!!! Snort. Guffaw.
Here’s more for your repertoire from the disgruntled leftists in Mass who complained last May in the NY Times about their vote for Romney:
NY Times thecaucusblog/Comments section [Mass. voters talking about Romney on May 11, 2007]:
“.. he stated that he supported gay rights, but then attempted to have a Constitutional ammendment added to the ballot to have gay marriage banned in the state. ..”
“I firmly believe that he’ll ‘change his mind’ and go agree with his base if he’s elected just like he did on the abortion right’s issue. ..”
“.I will never forget when he vetoed the stem cell legilation after the bills’ sponsors had worked so hard at generating bi-partisan support. And he vetoed the bill ...”
“...If you want to know what Mitt is really about, please try to find his speeches to the Federalist Society to see what he’s really made of. ..”
http://thecaucus.blogs.nytimes.com
*
11/10/2005 Mitt Romney addresses the Federalist Society
http://www2.nationalreview.com/corner/romneyaddress.pdf
*
What is the Federalist Society?:
“...the Federalist Society, the expanding network of conservative lawyers who over the past quarter-century have played a leading role in reshaping the nation’s judiciary and setting high-level Republican administration policy. ..
[...]
“..One of the group’s founding fathers was Edwin Meese, who would soon become attorney general under President Ronald Reagan. Olson was part of that Justice Department, and so was Giuliani, who served as its third-highest official. The plan was to sow talented conservatives at every level of the federal judiciary and ultimately gain a foothold at the Supreme Court. “That was very much on our minds,” Olson said.
It appears to be working as planned. When he took office in 2001, Bush leaned heavily on Federalists to create a legal power structure to continue the work of seeding the judiciary. Roberts, along with fellow conservatives Alito, Scalia and Thomas, now form a formidable bloc on the Supreme Court.
[...]
Split among GOP camps
But as the Federalists have grown, they haven’t been immune to internal fissures. Federalists have key figures in both the Romney and Thompson campaigns who believe their candidate is a more worthy vessel for their legal philosophies. And they say they haven’t had to make the sort of compromise that Giuliani’s conservative supporters have.
David McIntosh, a former Indiana GOP congressman and gubernatorial candidate, is vice chairman of the Federalist Society, and he’s a domestic policy adviser to Thompson. Douglas Kmiec, another high-ranking official in the Reagan Justice Department, has gone with Romney, whom he calls “authentic.”
More: http://www.swamppolitics.com/news/politics/blog/2007/09/giuliani_burnishes_conservativ.html
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Governor Mitt Romney Announces The Advisory Committee On The Constitution And The Courts
http://www.mittromney.com/News/Press-Releases/Constitution_Courts
No, but you seem to be on something. You should stop whatever it is you are taking, and come back and join us in the conservative world where we don’t make up attacks on businesses and engage in false “guilt-by-association” arguments like the DU folks.
This poster is full of the same substance as this article.
Oh...good comeback...not! Vegasbaby with the total slapdown. Nice one.
“Somebody help me out here; PLEASE.
Why do all the polls show that McCain (whom I do not like) is the only one who can defeat The Hildebeast or Osama-Obama? Most polls I see, shows Romney getting trounced. Whassup with that? I’m asking because I really want to know.”
Simple! The main streem media want Hillary or Obama to win the White House. In order to do that, she must face either Giuliani, Huckabee, or McCain. In the beginning they were saying Giuliani had the nomination. Then they pushed Huckabee. Once that didn’t seem to work, they bagan pushing McCain. Thoughout all this time, the real conservatives like Fred Thompson and Duncan Hunter and somewhat Romney received as little coverage as possible. Now that it looks like it is Romney VS McCain, it is McCain who is the ONLY ONE who can beat Hillary......when the truth is the very opposite!
Thanks; that helps me in my decision-making process.
What it means is that you’re a freakin’ nutbag.
This is all a bunch of “Huckabee isn’t winning! It must be a CONSPIRACY!” garbage.
The similarity between liberals and Huckabee supporters grows more obvious every day. With some claiming Mike Huckabee is ‘fighting for a classless society’ (as quoted by Marx); and kooky conspiracy theories about secret inner ear mikes, buy offs, and massive conspiracy theories.
I was a FredHead, but had decided Romney was my second choice if things did not work out. I considered the options and voted for Mitt Romney today and was NOT sad about it! He is the one to win over Hillary or Obama, and he certainly is the one to stop McCain here in Florida! :)
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