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 Post subject: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Wed Sep 05, 2012 2:58 pm 
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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Wed Sep 05, 2012 3:00 pm 
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GREED & DEBT: THE TRUE STORY OF CALAMITY BAIN!

Matt Taibbi

How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill

Four years ago, the Mitt Romneys of the world nearly destroyed the global economy with their greed, shortsightedness and – most notably – wildly irresponsible use of debt in pursuit of personal profit. The sight was so d isgusting that people everywhere were ready to drop an H-bomb on Lower Manhattan and bayonet the survivors. But today that same insane greed ethos, that same belief in the lunatic pursuit of instant borrowed millions – it's dusted itself off, it's had a shave and a shoeshine, and it's back out there running for president.

- - - -

"But what most voters don't know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America's top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth."

"By making debt the centerpiece of his campaign, Romney was making a calculated bluff of historic dimensions - placing a massive all-in bet on the rank incompetence of the American press corps. The result has been a brilliant comedy: A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place..."

"If Romney pulls off this whopper, you'll have to tip your hat to him: No one in history has ever successfully run for president riding this big of a lie. It's almost enough to make you think he really is qualified for the White House."


more: http://www.rollingstone.com/politics/ne ... z24wOZQSKf


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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Wed Sep 05, 2012 5:39 pm 
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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Wed Sep 05, 2012 5:42 pm 
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Joseph Stiglitz, “one of the few members of the economics profession committed to scientific empiricism, not ideology or servitude to the rich,” as one reader put it, writes that the habit of tax avoidance typical of Mitt Romney’s class makes it difficult to publicly fund things like education, technology and infrastructure, upon which modern economies depend to flourish.

While refusing to release key tax returns from the last 10 years, the GOP presidential candidate insists that he has paid an income tax rate of “at least 13 percent.” That’s not his fair share, Stiglitz writes, as the top marginal rate for American earners is 35 percent and working-class Americans often pay more in terms of the amount that is left to them after taxes. Such a concentration of wealth generates and perpetuates inequality of political power, which is used to preserve tax policies that favor the very rich at the expense of the rest of us
.


Mitt Romney: ‘Tax Avoider on a Grand Scale’

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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Tue Sep 25, 2012 5:08 pm 
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Noonan: Romney campaign is a "ROLLING CALAMITY"

September 21, 2012
Stephanie Condon

Peggy Noonan, the Wall Street Journal columnist and former speechwriter for President Ronald Reagan, hasn't been shy about voicing her concerns about Mitt Romney's campaign, but in a Friday column she stepped up her critique.

"The Romney campaign has to get turned around," she wrote. "This week I called it incompetent, but only because I was being polite. I really meant 'rolling calamity.'"

Noonan is one of several conservative pundits who in recent weeks have spoken out about the Romney campaign's perceived missteps, such as its response to the crisis in Libya and the lack of policy details put forth.

more: http://www.cbsnews.com/8301-503544_162- ... calamity-/


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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Fri Sep 28, 2012 11:10 pm 
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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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 Post subject: Re: New Names For Romney: Calamity Bain & Willard Wonka
PostPosted: Sun Oct 07, 2012 9:46 pm 
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:lol: :lol: :lol: SEEN AT TRUTHDIG

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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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