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Romney's Former Firm Bain Advised Obama on Auto Bailout "Mitt Romney told CNBC Wednesday that he’s happy to have a debate about private equity alleged role in killing American jobs — because President Obama also forced companies to shed jobs at car dealerships during the auto bailout.

So it is somewhat ironic that Romney’s former firm, Bain & Company, was among the private consulting firms that advised the Obama auto bailout team.

And what did Bain recommend? Cutting dealerships."....

…..“The New York Times reports that Romney continues to receive a share of investment profits from Bain, although he retired almost 13 years ago.”…. Source

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Mitt Romney REFUSES to release his tax returns.

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Perry: Uproot and Overhaul Washington

The Perry Plan: Energizing American Jobs and Security

The Perry Economic Plan: Cut, Balance and Grow

[snip] “Dynamic Tax Score for RickPerry.org, Inc. Proposal:

Based on the higher GDP estimates forecast by the dynamic scoring exercise, the Perry proposal will not only lead to an increase in overall economic activity and jobs, but will also lead to higher federal revenues in the long term. In fact, the analysis suggests that revenues could be as much as $406.8 billion higher than under the static model by 2020, and could be as high as 19.5 percent of GDP.

The dynamic score of the proposal suggests that lower flatter taxes could generate both more revenue than the current tax code, and significantly more economic growth over time. With increasing demands on the Federal government from growing entitlements, higher pension expenses and interest on the debt, it will be necessary to increase the size of the economy – and the tax base – in order to generate significantly higher revenues. Table 7 shows how the Perry proposals would do this over a seven year period.’ [snip] Tax Proposal Score PDF

Texas Debt Clock

If Perry and his supporters are going to bring up Bain, they'd better be certain the private equity contibutions he's received as Texas gov are clean.

Then again, his current standing at 5% in SC and 3.5% in FL may make his criticism irrelevant.

“A previous story incorrectly reported that Mitt Romney’s former firm, Bain & Co., was part of a team of consulting companies that advised President Barack Obama on a decision to shutter car dealerships during the auto bailout.

Bain & Co. said it has no connection to the “Bain Consulting” firm referenced in government documents.”

http://www.cnbc.com/id/45979278