Posted on 01/05/2012 8:00:05 PM PST by ckilmer
MSNBC's Financier Mitt Romney
Are you curious how former Massachusetts Gov. Mitt Romney became a very wealthy man? Apparently, his investment company, Bain Capital, is bankrolling the President Barack Obama White House news network, MSNBC, a leftist cable news network that is floundering in TV ratings compared with Fox News.
Politico reports that, starting on last nights Ed Show with Ed Schultz, MSNBC anchors are now disclosing their parent companys ties to Bain Capital, the buyout firm co-founded by Mitt Romney.
For an approximate $3.5 billion a business relationship that MSNBC anchors have not disclosed until recently, according to a search of the Nexis and TVEyes databases dating back to 2008.
According to Politico, weve reached out to MSNBC to ask why anchors only started disclosing the connection now, but have yet to hear back. But the connection certainly doesnt seem to be providing Romney with much favorable coverage.
Schultz said on last nights show that, Mitt Romneys history at Bain Capital is not going to help his image as a job creator. Now we want to disclose that NBC Universal and Bain Capital are each a part owner of the Weather Channel. Bain Capitals main business model is buying companies like American Pad and Paper and restructuring them. In many instances, Bain turned a profit by strip-mining these companies. American AMPAD is what its known. The stock was driven down and the company went bankrupt. They fired hundreds of workers along the way.
To read the entire article from Politico, link here:
This news is really going to undermine Ron Paul’s support. Democrats will be flocking to Romney now they know their the hand that feeds MSNBC, marching orders received.
My Romney green-lighted this disclosure for the very reason.
But they are also owners of Clear Channel which owns the syndication company of Rush, Hannity, and other right leaning talking heads.
Not defending but like Mitt they straddle both sides of the fence.
“Now we want to disclose that NBC Universal and Bain Capital are each a part owner of the Weather Channel.”
I didn’t know that the Weather Channel was in charge of pmsnbc....
Or...something.
I didnt know that the Weather Channel was in charge of pmsnbc...
Now I know why I’ve been getting these unexplained hot flashes!
So that means his company invests in the obama propaganda machine?
And you think romney will beat obama?
Wake up people! voting for Romney means voting for obama!
The other candidates should advertise this fact -
romney -msnbc - obama ties!
The other candidates should advertise this fact -
romney - msnbc - obama ties.
Way to go Romney - bankroll obama propaganda machine then try to defeat obama?
BTTT.
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