Posted on 09/03/2012 6:50:57 PM PDT by Justaham
Democrats plan to have Bain Capital employees make the case against Mitt Romney at their convention in Charlotte.
Senior Obama campaign officials confirmed to Fox News that at least two people who worked at Bain Capital -- Romney's former private equity firm -- will speak at the Democratic National Convention this week.
The bold move comes after Democrats have spent millions of campaign dollars on ads shedding light on companies that folded after Bain takeovers. While the campaign is not revealing who will be speaking or when they'll be addressing the convention, one thing is clear -- it will not be favorable to Romney.
A knowledgeable source told Fox News that possible speakers could include Steve Pagliuca -- managing partner at Bain Capital, considered the unofficial head of the firm. Pagliuca is a co-owner of the Boston Celtics who ran for the Massachusetts Senate seat formerly held by the late Ted Kennedy and lost in the Democratic primary to Martha Coakley in 2010.
(Excerpt) Read more at foxnews.com ...
Wow, that’s a first. Never, in the history of mankind, have disgruntled employees had anything negative to say about a former boss. How did they ever find not just one, but two (TWO!!) of Romney’s former employees to diss him?
I’m sure this will be a nice, even-handed analysis of Romney’s time at Bain.
The commie 'RATS are more desperate than I thought.
FUBO
I’m sure part of his speech will include want to donate all the money he made while Romney was CEO to charity. Hypocrits are born everyday.
I’m sure part of his speech will include want to donate all the money he made while Romney was CEO to charity. Hypocrits are born everyday.
Maybe they need to attend a Massachusetts clambake in a big high speed Oldsmobile after the festivities.
Should be fun, right?
Kinda like what they did to Herman Cain.
GUARANTEE R2 is setting a trap. The media cycle will be all about these two defending themselves against ads that R2 has already made. Bain is squarely going to be dropped in Team Obambi's lap, with all of the RAT politicians and Orgs who have their money there. Not to mention the fact that Obama Admin used Bain to bail out govt entities.
I wish we’d have had the forethought to trot out some Solyndra employees.
What’s that saying??? Failing at the same thing over and over... only thing accomplished is idiocy...
oh and ex employees that are political too,,wow,,a two-fer!
somehow I think Romney will be able to deal with this,,just a hunch,,we’ll see what actually happens
So democrats are showcasing their “ vulture capitalists”. That should go over well with anybody who knows the meaning of the word hypocrisy.
I was thinking the same thing, although my thought was not quite as coherent as yours. How Romney handles this is important,,should be interesting.
Well, the Democrat Party IS PROVEN to be the overwhelming party of choice for traitors.
An you know what? She was raht. Later dat day, when ah'z waitin' f' de limo take me home, de Mitt-man hisself come up on me real quiet like, an' he whis' in my ear, just like de snake in'de garden hisself. An' he say "you ainna gowin nowhere boy, we got yo' mamma buried in a box breathin' through a pahp, you unnastan?"
Dat's why ah hadta stay. Dat's why ah hadta stay at dat turrible place, yes indeedy.
Steve Pagliuca. Registered Democrat, Obama campaign contributor, multi-billionaire. Also donated to Romney back in the 90s.
http://www.wbur.org/2009/11/24/senate-defining-situation-pagliuca
His campaign slogan is “Pags = Jobs,” but the history of Bain Capital reveals a company that excels in the art of the leveraged buy-out. This is a process in which Bain often banks huge profits, but sometimes leaves acquired companies saddled with enormous debt. Some of those companies have been forced to make massive layoffs.
The process begs the question: What’s the real bottom line at Bain Capital? Wealth creation for investors or job creation for workers? When asked, Pagliuca hedged.
“Well, you know, that’s a complex question,” Pagliuca said. “What venture capital does is invest in new ideas and venture capital will fund them. Funding them is creating thousands of jobs because they essentially created a new industry.”
But Bain Capital also buys out established businesses in old industries, such as KB Toys and Dade International, both of which resulted in the lay off of hundreds of workers. Pressed on this, Pagliuca hedged even more.
“There’s investments in public companies and there’s debt in public companies, and there’s job creation and there’s job losses, and the job losses mainly come from competition, from global competition,” he said. “And those job losses in the United States now are 15 million unemployed. And there are 320,000 in Massachusetts. That’s why I got into this race, to try to reverse that.”
Assuming the only place they’ll be seen is C-Span gavel-to gavel coverage because nothing such as that would have been widely televised from the RNC.
>Kinda like what they did to Herman Cain.<
Kinda like what Karl Rove and the GOP Establishment did to Herman Cain.
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