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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsT-Paw calls Mitt's overseas money 'global business arrangements'
by Kaili Joy Gray
Tim Pawlenty, you're not a very good surrogate:
Don't assume that Gov. Romney doesn't have foreign policy and international experience. My goodness, he spent his entire career in global business arrangements, transactions, traveling and understanding different countries, cultures, geographies and the like so he gets these issues very well and probably better than the president.
Let's just check the Romneyland gibberish-to-English dictionary here:
Global business arrangements = stashing his money in Switzerland and the Cayman Islands.
Traveling = hiding out in a French palace to avoid Vietnam.
Understanding different countries = telling other countries they suck and their houses are not the right height.
He gets these issues very well and probably better than the president = See "global business arrangements."
My goodness indeed.
http://www.dailykos.com/story/2012/08/12/1119357/-T-Paw-calls-Mitt-s-overseas-money-global-business-arrangements
"Global business arrangements" = Romneyshambles
Fred Kaplan has what I think is the best take so far on Romneyshambles:
The American capitalists-turned-statesmen of an earlier generationDouglas Dillon, Averell Harriman, Robert Lovett, John McCloy, Dean Acheson, Paul Nitzetook risks, built institutions, helped rebuild postwar Europe, befriended their foreign counterparts: in short, they cultivated an internationalist sensibility at their core. Whatever you think of their politics or Cold War policies generally (and there is much to criticize), financiers formed an American political elite in that era because finance (through the Marshall Plan, the World Bank, the IMF, and so forth) was so often the vehicle of American expansionism.
By contrast, private-equity firms, such as Bain Capital, where Romney made his fortune, tend to view their client companies as cash cows, susceptible to cookie-cutter formulas from which the firms partners reap lavish fees, almost regardless of the outcome. Their ends and means breed an insularity, a sense of entitlement, a disposition to view all the worlds entities through a single prism and to appraise them along a single scale.
I would only add that the bankers of yore operated by building relationships; Bain made its investors money in large part by breaking relationships, e.g. by walking away from implicit promises to workers. Its not a style that makes for good diplomacy.
http://krugman.blogs.nytimes.com/2012/07/27/hes-no-averell-harriman/
The Magistrate
(95,243 posts)"Romney loves America like a tick loves a dog."
freshwest
(53,661 posts)Brother Buzz
(36,383 posts)Shit happens.
Frustratedlady
(16,254 posts)Sounds like Palin's pick.
Brother Buzz
(36,383 posts)Tagg is the same age as Ryan
Gin
(7,212 posts)I almost feel sorry for him.....they throw his name around for VP but he's always a bridesmaid never a bride.
Betty Jo
(66 posts)One of Mitty's global bizzies is his ownership of millions of dollars of shares of HCA hospitals,some of which are in England.This can be googled by typing "HERCULES II LLC".You will see that this is the name that covers up this pot of money.The same can be done with all of the names listed in the blind trusts and 2010 tax return, all available by googling.Mitty is for sure a foreign affairs guy.Search "CAR ACCIDENT FRANCE ONE DEAD ROMNEY", "SECOND WIFE OF NETANYAHU", "ROMNEY SELLS AMC TO CHINESE" Mitty has millions all over the world.Deep google till you drop !