Newt gets 30 seconds. Back to another 5 minutes of Romney. Newt makes more sense in 30 seconds than Romney can ever muster.
Romney is so insincere. Complete robotic slick phony.
Has disclosure of Mitt's Bain Capital ties to NBC been posted on this thread yet?
"Schultz said on last night’s show. “Now, we want to disclose that NBC Universal and Bain Capital are each a part owner of the Weather Channel. Bain Capital`s 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 it`s known. The stock was driven down and the company went bankrupt. They fired hundreds of workers along the way.”
Mitt may claim to not be involved in Bain, but many of the owners and stockholders are his buddies and fellow mormons.
An eyeopening indepth look at Mitt's Bain Capital Here
"Yeah, that’s correct. I mean, the first thing is, it’s not an investment firm, as someone just said. An investment firm is something where you make an investment. It’s a buyout firm. In 1984, he was tapped to set up a — what began as a venture capital spin-off of a management consulting firm in Boston called Bain & Company. And Bain Capital began with these small investments in what were then startup companies, but very quickly, within a year or two, it became what’s known as a leveraged buyout company. They would put up a million dollars or so and borrow ten or twenty or fifty more and buy into troubled companies and then strip assets and lay off workers and close factories and do whatever they needed to do, charge enormous fees and sell it as quickly as possible.
Over the years, by the time he took a leave of absence in 1999, they had bought and sold more than a hundred companies. And it’s a little difficult to figure out how many jobs were lost or how many jobs were created, and I’m sure that overall there was probably a net gain in jobs in that period, but there are a number of cases that I was able to track where they did close companies, close factories, where they made staggering profits in the hundreds of millions of dollars, shortly before companies crashed off into bankruptcy".
That Mitt, what a nice guy. /sarc