Pic Of The Moment: Make Money The Mitt Romney Way

[EarlG]

http://www.democraticunderground.com/101728409

[monmouth]

1. Ooooooeeeeee, OUCH!!! Nice Earl..n/t

[Gidney N Cloyd]

2. Nice and succinct, EarlG!

[edcantor]

3. K+R How can we

get that and put it elsewhere?

[TBF]

4. STEP 3.5. New dress code for the company. Everyone has short hair -

if not Mitt Romney will cut it for them.

[jonthebru]

5. Whats funny is whenever the bullying history has come up

during the last week I have refocused the discussion on this Bain Capital technique. What they did was legal but no one who has ever participated in this type of business behavior should be supported for anything.
Some of these companies were manufacturers of American made equipment and doing research here in the USA. They were all solvent in the beginning due to hard work and good management.
Bain came in and destroyed the companies.
I'm not sure how many times this happened I only know of a few. I would like to know how many companies were destroyed and how much was made by Bain Capital and Rmoney.

[bluesbassman]

8. Here's a pretty good article about the Vulture Capitalists at Bain.

Mitt Romney, American Parasite

http://www.villagevoice.com/2012-04-18/news/Mitt-Romney-american-parasite/

[dmr]

30. Thanks for the link

[chelsea0011]

32. Thanks for the link but remember MA voters are well versed in his business practices

and still voted him governor. He can get away with all this because, as the article points out, he refuses to talk about the companies of Bain and refuses to release his taxes for that period of time. these articles and stories always died up here in MA. Kennedy got some legs because it happened close to the election and had the people speak directly to us. All these stories go back some years now and the media has a short memory and will ignore really covering them. Look at the latest ad. Has the media sought out the people in the ad and paraded them from one show to the next? Or has the media sought out the nursing mom and paraded her show to show?

[MADem]

36. Wait just one minute--there was a LOT going on that caused that vote and a lot that people do not

understand the curious dynamics associated with leadership on Beacon Hill:

First--his opponent ran a lousy campaign. Good candidate, lousy campaign. Muddy message, and to make matters worse she needed WAY more money than she pulled in, and the party leadership, IMO, could have helped more than they did but I guess she was low on their priority lists. RMoney blanketed the airwaves with very expensive TV ads -- he outspent her decisively, to the point where one could say he BOUGHT the governorship. Also, she was a female candidate who, despite having a long family history in the Dem political machine, had to fight the sexism that is surprisingly present in MA politics (MA has had one of the few black senators in history but guess how many women senators we've had? Not ONE...yet, anyway).

Second--RMoney LIED. He lied, lied, lied. He got up and flat-out LIED and said that ONLY HE COULD BRING JOBS TO THE STATE. He went out into the poorer communities west of Springfield, and LIED and PROMISED the people there jobs, jobs and more jobs. He said shit like "I have friends in business, and my friends will come here and start up factories!!!" As most of us know, we ended up at "We're Number 47!!!!!!" in Job Creation, thanks to Mitt, the Governor who lived in New Hampshire and whose friends never showed up to build those factories.

Third--The Governor of Massachusetts can "matter" as much or as little as the state legislature wants that governor to matter. The Governor of MA can have his 'intentions' cut off quite smartly and at any moment by the legislature. If the leadership on Beacon Hill wants to prevent the governor from doing pretty much anything, they can. It's a "weak governor" system in that regard. If the governor is willing to work with the legislature, they can get a lot done, but the legislature can more easily bully the governor than the other way 'round.

Fourth--He only ran for one term. Why? Dubya said it best--"Fool me once....won't git fooled agin!!!" He would have been beaten like a rented mule had he tried to run again, and he knew it.

All of this shit is out there, and all of it can and will be recycled in time. No sense in peaking too soon. RMoney is giving us PLENTY of fodder on his own, with his car elevators and petty cruelties and abject cluelessness, every time he opens his mouth. The time to really focus on his history is in Sept-Oct, when the message that "Look at this asshole--look at the lousy job he did before--does anyone want that on a NATIONAL level? Of COURSE not!!!!" will need to be fresh and new and urgent.

[JohnnyRingo]

6. I always chuckle when I hear Romney speak of starting a business.

In his standard stump speech he usually touts his business cred and the rags to riches American dream by telling the audience "I started a company that became very successful", implying he began with nothing and worked hard for his wealth the old fashioned way.

Why he named "his company" Bain Capital seems lost on the crowd.

[just1voice]

7. Perfect, that's exactly the way he does it

Rec'd.

[1StrongBlackMan]

9. I think this ought to be ...

broadcast far and wide; however, with one amendment.

Step 1, as listed states: "Borrow millions of dollars to purchase a STRUGGLING company using the company itself as collateral."

The fact that needs to be broadcast is, most, if not all, of Bain's targetted companies were making money, prior to Bain's involvement (that's what made them attractive in the first place).

The "struggling" part, even if true, would lend a measure of economic utility to the romney plan, as the argument goes, "the target company was headed toward failure anyway. We were attempting to save the company; but on occasion, this was not possible, so we were sought to increase shareholder value for when the company met its inevitable demise."

So I would suggest the following framing:

Step 1, as listed states: "Borrow millions of dollars to purchase an EXISTING company using the company itself as collateral."

[Gidney N Cloyd]

15. I'd say "...purchase a solvent company... " or just "...purchase a company... "

[EarlG]

17. Good point

I changed it so it just says "a company". Thanks.

[Spazito]

10. Excellent synopsis on how RMoney works...

[Scurrilous]

11. K & R

[Auntie Bush]

12. He gets his money the same way Chainsaw Al did. Let's hope

he has a befitting end just like Al did. That would really tickle me pink! Just the thought puts a big smile on my face.

[closeupready]

13. You should silk screen this on T-Shirts.

I'd buy one. K&R

[Initech]

14. Making that man president would just solidify the Wall St. criminals.

[MrScorpio]

16. ...And that's how you play The Vulture Capitalist Rag. Taa-daa!

[raouldukelives]

18. That's the Wall St way alright. nt

[findrskeep]

19. My husband worked for a large

company where he THOUGHT his position was very secure. In comes Bain Capital and within 2 days my husband and many others found themselves without a job. The media really needs to delve deeper into what Bain Capital REALLY is...it destroys jobs, it doesn't create them. It would be fascinating and VERY telling just how many people have lost their jobs thanks to Bain Capital.

[Brigid]

29. You should contact the DNC with your husband's story.

There might be a campaign ad in this.

[Yo_Mama_Been_Loggin]

20. When Romney loses this fall he can make more money doing late night infomercials.

[CanOfWhoopAss]

21. Heads I win tails you lose. n/t

[Brigid]

22. This is perfect!

There has got to be a way to make a t-shirt out of this.

[crunch60]

24. And some bumper stickers. Maybe a billboard!

[veganlush]

23. I think it should be noted

repeated, said again and again that bankruptcy is really a taxpayer bailout. Bankruptcy is in the founding documents. Bankruptcy "protection" was their preferred solution instead of the old English "debtor's prison" . It usually, ultimately involves taxpayers making up the difference. That is the fact that should be most prominent in the whole discussion. It's socialism, almost as socialist as a nuclear plant. By the way, why are "free market" conservatives never against nuclear power, which is by necessity socialist?

[crunch60]

25. Old English "debtors prison", back in action today, and growing.

Our Future In Chains: The Debtors Prison System Returns

The recent story of breast cancer survivor Lisa Lindsay being thrown in prison for a $280 medical bill that was sent in error has thankfully gone viral. It has brought much-needed attention to the insanity of reinstating the concept of debtors prisons.

http://www.activistpost.com/2010/06/our-future-in-chains-for-profit-debtors.html

[WillyT]

26. K & R !!!

[WoodyM90]

27. Bain Capital

Bain Capital: A chop shop run by people in suits and ties.

[lib2DaBone]

28. K/R Thats the way it works.

Bain Capital, The Blackstone Group, Carlyle group, J.P. Morgan.....

If they want to have a War On Terror.. they should start here.

[SunSeeker]

31. Brilliant: "If they want to have a War On Terror.. they should start here."

Ain't that the truth. The average American is WAY more likely to be hurt by a vulture capitalist than by any islamic terrorist.

[joshcryer]

33. Only thing is, and I understand it's messaging, but Obama's people are saying that's not capitalism.

I just disagree and I think it's the perfect way to show what capitalism is. To its fullest extent.

But I understand the messaging by Obama's people, though. They're arguing for regulated capitalism. That's fine and the people don't get it so just say "this ain't capitalism."

[patrice]

34. Casts McCain/Levin's Indefinite Detention provisions in NDAA 2012 in a very bright light. nt

[MADem]

35. Step 7--Dubya didn't want us to forget Poland, now don't you dare forget Switzerland!

Stash your wife and kiddies' cash and trusts there! Who needs these tatty old AMERICAN banks!

Step 8--File for a Tax Extension so all those little people can't get a handle on your nefariousness!