DN! has this up with Matt Taibbi giving the scoop on what Romney is all about–he’s not about creating jobs, and saving companies, but swooping in, making a boatload of money, and leaving the carcass behind…
Taibbi mentions Carlyle Group--red flags go up. (hat tip to this site)
From the article:
But what sets Carlyle apart is the way it has exploited its political contacts. When Carlucci arrived there in 1989, he brought with him a phalanx of former subordinates from the CIA and the Pentagon, and an awareness of the scale of business a company like Carlyle could do in the corridors and steak-houses of Washington. In a decade and a half, the firm has been able to realise a 34% rate of return on its investments, and now claims to be the largest private equity firm in the world. Success brought more investors, including the international financier George Soros and, in 1995, the wealthy Saudi Binladin family, who insist they long ago severed all links with their notorious relative. The first president Bush is understood to have visited the Binladins in Saudi Arabia twice on the firm’s behalf.
Another article here.
On the rest of the video–the guy going to the Romney campaign event and being told he was unpatriotic for wanting to save his job should be blasted on every radio station, every TV station, and printed on the front page of every newspaper (what ones are left…). People are being lied to and are not getting that “fair and balanced” coverage. I mean, the utter gall of them saying that unemployed people on food stamps are just lazy and unmotivated…while shipping their jobs to China…
…my mind flashed to Romney’s poor rendition of “America, the Beautiful…” while Taibbi speaks of him and his cohorts’ non-allegiance to the States and the people trying to earn a living.
Taibbi makes a good point when he says the dispute over the actual time that Romney left Bain isn’t as important as to what profit he was reaping from Bain’s actions…that’s the key–what money did he make off the deals?
And Taibbi hints about how they don’t want to pay for anything–they make boatloads of money on these companies, after borrowing the money to do it.