Showing posts with label Mitt Romney. Show all posts
Showing posts with label Mitt Romney. Show all posts

Sunday, September 11, 2011

Mitt Romney's Campaigning

And he's desperate. It's his turn and the damn teabaggers are trying to take away his nomination! Forget Reagan's 11th Commandment, here's a slick and expensive flyer his operatives have been passing out wherever Republicans gather:

Romney's despair comes through more clearly if you click on it


One more comment on this Romney flyer. The disclosure box at the bottom says it was paid for by Romney For President Inc. I've never seen any campaign call themselves "Inc" before. I guess that's all part of his fixation on making everyone believe that corporations are people too-- and apparently, campaigns... for the presidency... of the United States.

Tuesday, August 30, 2011

Is Perry Too Stupid To Win? Is Romney Too Detached?



Stoking the cravings of Republican primary voters' thirst for victimization of their heroes, Perry's team is encouraging stories like David Frum's wondering aloud whether their candidate is a moron or, like millions of Republican voters, intellectually mediocre. And of course, Frum isn't the only wonderer wondering. Yesterday Jonathan Martin came right out with the question of the day: Is Rick Perry dumb?



Basically, the answer is yeah, he's pretty dumb-- kind of just like Bush, but without the brains-- but, more important, it hasn't mattered in Texas politics, won't matter in the GOP primary and, to millions of voters, won't matter in a general election either. Look, this is the guy who's going after the segment of the population who have been conned by Rush Limbaugh and Sean Hannity that Social Security is no good.

Doubts about Perry’s intellect have hounded him since he was first elected as a state legislator nearly three decades ago. In Austin, he’s been derided as a right-place, right-time pol who looks the part but isn’t so deep-- “Gov. Goodhair.”



...The Texan’s loyalists reject the suggestion, asserting that it owes to political bias and sour grapes, but Perry himself seems to welcome the low bar. He cracked on the campaign trail earlier this month that the difference between he and Bush was that he went to Texas A&M and the former president attended Yale.



But conversations with both Perry admirers and critics reveal a more complicated assessment about the mind of a politician who has never lost an election-- and ranks as the longest-serving governor in Texas history.



He is not an ideas man. Perry hasn’t spent his political career marking up the latest Cato or Heritage white papers or reading policy-heavy books late into the night. Advisers and colleagues have informed much of his thinking over the years.



“He’s not a guy who’s going to go up to the Aspen Institute,” said longtime Texas lobbyist Bill Miller, a Perry fan. “It’s not the way he’s made.”



Miller said Perry learns what is necessary to be effective.



“If he should know about John Locke, he’ll know about John Locke,” said Miller. “If it’s not on his schedule, it’s irrelevant to him.”



China policy, for example, has surely not been much on Perry’s mind during his time in Austin.



And that showed when, in an interview last week with Laura Ingraham, he responded to a question about whether a rising China is good for the United States with platitudes that prompted the conservative talk show host to complain that he was only offering “broad generalities.”


In the end, American voters don't mind mediocre minds who share their prejudices and promise to have good advisors. It worked for Reagan and Bush and it's done wonders for Perry. Besides, he was smart enough to figure out how to make himself a millionaire while working as a "public servant"-- and, more important, without winding up in prison for taking bribes.



Bachmann's call for oil drilling in the Everglades isn't going to hurt her in the Republican primary. And Perry's lack of intellect is actually going to help him more than it hurts him. Let's face it, how many intelligent people vote in Republican primaries? And then there's the bungling, stumbling, weird "front runner" who no one seems to like and who can't relate to the Fox-radicalized base of the Republican Party, Willard Romney.

Mitt Romney says he’s on the same page as tea party activists, but some national organizations affiliated with the movement say the GOP presidential candidate hasn’t made much of an effort to get to know them.



In fact, these tea party organizers say they can’t recall the former Massachusetts governor ever speaking at a tea party gathering, unlike nearly all of his primary opponents.



“To my knowledge, Mitt Romney has never requested to participate in one of our tea party events or rallies,” said Jacqueline Bodnar, a spokeswoman at FreedomWorks, the Washington, D.C.-based organization led by former House leader Dick Armey. The group helped organize events like the 9/12 March on Washington in 2009 and annual “tax day” rallies.



Bodnar said there has been very little contact between FreedomWorks and Romney. The group’s president, Matt Kibbe, briefly met with Romney during the 2010 election season, she said.



Another national figure in the movement, Mark Meckler, a national coordinator for the Tea Party Patriots, also said Romney “certainly never reached out to our organization, not that I’m aware of.”



...“Saying he is ‘in sync’ with the tea party movement is a huge stretch, especially considering his open support for government-run health care in Massachusetts and his wishy-washy views on cap and trade,” Bodnar said. “You can’t support those positions and then call yourself an advocate of limited-government in the same breath.”


Saturday, August 6, 2011

Mitt Romney May Define Political Sleaze But Is He The Only Chance The GOP Has To Reclaim The White House?


While I was asking if America is ready for a Mormon president yesterday, most commentators were poking around Mitt Romney's outrageous and clearly unethical, if not illegal, campaign finance practices. Alexandra Petri, Brad Smith, Dave Weigel and Michale Isikoff were most effective in exposing the laundered million that vulture capitalists Bain funneled into Romney's coffers.
The firm that gave the money, called W Spann LLC, was formed in March-- with no listed officers or directors-- made the contribution in April, then dissolved itself in July, according to corporate records.  

...It is illegal under federal law for political donors to make contributions in the name of another person-- so called “straw donors”--  and such violations have been vigorously prosecuted by the Justice Department in the past, according to campaign finance experts.

But the federal campaign laws have been made increasingly murky as a result of the Supreme Court’s Citizens United decision last year, which allowed corporations to spend unlimited amounts on political advocacy... collect[ing] millions of dollars from companies and wealthy donors."

Meanwhile Romney put out an expensive web ad attacking Obama's putrid record on free trade. Putrid? Yes, it's basically the same horrendous record that Romney has and has always had... unless he's changed his position this week on this, like he tends to do on everything else. Here's Romney's slick, misleading attack:



The misleading part isn't about Obama; he's as terrible and corporatist as any Republican president has been in our lifetimes... just like Clinton was. The misleading part had to do with Romney's own record. When he was governor of Massachusetts he was an avid free trade advocate. In 2004 the state legislature passed a bill prohibiting Massachusetts contractors from outsourcing state work overseas. Romney not only opposed that, he vetoed the law. And more recently, when President Obama imposed a tariff to stop the dumping of cheap tires on the U.S. market-- something that has been working very well-- Romney was one of the loudest and most obnoxious opponents-- writing the policy of defending "American tire companies from foreign competition may make good politics by repaying unions for their support of his campaign, but it is decidedly bad for the nation and our workers. Protectionism stifles productivity."

Regardless of which side of this issue is your side, I think everyone can agree that Mitt Romney is on all sides-- as he is on every single issue that's ever come down the pike. He has got to be the most dishonest practitioner of a profession that is renowned for its notorious dishonesty.

And still Beltway conventional wisdom is that Romney is the only shot the Republican Party has to defeat Obama.
A broad theme has been emerging in our state by state Presidential polling over the last couple months: if the Republicans nominate Mitt Romney it's a toss up. And if they nominate anyone else it's 2008 all over again. Our newest Nevada numbers very much reinforce that trend.

Barack Obama took the Silver State by 12 points in his first run. But if he had to stand for reelection today he'd be in a very competitive race against Romney, leading only 47-46 in the state. Pit him against any of the other Republicans there though and the numbers look pretty similar to last time- 9 point advantages over Herman Cain and Rick Perry at 48-39 and 49-40 respectively, a 10 point lead over Michele Bachmann at 50-40, and a 12 point advantage over Sarah Palin at 51-39.

Over the last month we've had similar findings in:

-Pennsylvania, where Obama is tied with Romney but leads all other Republicans by at least 7 points.

-New Hampshire, where Romney leads Obama by 2 points but all other Republicans trails Obama by at least 7.

-Virginia, where Obama leads Romney by 4 but has at least a 9 point advantage over all the rest of the GOP hopefuls.

-Michigan, where Obama has a 5 point advantage over Romney but at least a 15 point lead over everyone else.

-North Carolina, where the disparity between Romney and the rest of the Republicans isn't quite as great. Obama and Romney are tied while Obama leads all the others by at least 3 points.

Taken all together it makes you ask the question: do Republicans have to nominate Romney to defeat Obama next year?

Friday, August 5, 2011

Is America Ready For A Mormon President, Specifically Mitt Romney?


Not all people who are serious evangelical church goers are right-wing fanatics. An old friend of mine structures much of her life around her church and she takes it really seriously. Mostly what she takes seriously-- and I mean really seriously-- are Jesus' message and his words. This has led her to being a consistent voter for Democrats, although she's a registered independent (Decline To State) and to be an unrelenting advocate for equality for society's most vulnerable groups, particularly racial minorities, gays, the poor and immigrants. I think she must drive some of the other church-goes in her rural, very Republican hometown up a pew wall. But she's intrepid and determined... determined to carry Jesus' word forward. This week she told me about a horrible racial discrimination suit in Big Bear, where she lives.
Bear Valley Unified School District, the school board, a teacher, principal and interim superintendent of schools have been named in a federal law suit. The suit charges that the defendants violated the Civil Rights Act of 1964 and the equal protection clause of the 14 Amendment.

The suit was filed July 20 in U.S. District Court by MALDEF on behalf of Coral Aviles. The Latina student claims she was harassed publicly and suffered racial discrimination in 2010 by a teacher at Big Bear Middle School. MALDEF is the Mexican American Legal Defense and Educational Fund.

During a press conference July 21, the student, her mother and representatives of MALDEF talked about the suit and the environment for racial discrimination in the country today.

Coral says she wore a Mexico T-shirt to school during the final days of the school year in June 2010 to show her support for Mexico playing in the World Cup soccer tournament. She said her teacher, Suzy Carpenter, after asking her if she was Mexican, asked Coral what the girl was doing in her country. Coral claims Carpenter said it was because of people like her (Coral) that she had to pay high taxes.

The incident sent Coral to then-principal Julie Chamberlin’s office. The matter was not resolved entirely, according to the suit. The girl didn’t return to the classroom for the remainder of the school year, instead she spent one day with the custodian picking up trash and another in the yearbook staff class.

When we talk about politics, we mostly talk about that kind of on-the-ground politics that touches peoples' lives in very direct and visceral ways. Sometimes we wander into national politics, though. Her biggest worry on that front is that Mitt Romney could become president. It fascinates me to hear her talk about the Mormon cult, a discussion which is always preceded by assurances that she knows some really nice Mormon people-- California has more Mormons, by far, than any state other than Utah-- and that they are kind and neighborly.

But she worries that the Mormon power structure wants to take over the country. And that their version of Jesus has one thing in common with the actual Jesus-- the name. The Mormon "Jesus" was born on another planet and is the brother of Satan and... whole other crazy trip than the Christian Jesus. But Mormons love to point out-- and they always do-- that they believe in Jesus too. Turns out there are other Americans who have the same paranoia about Mormons-- and about Mitt Romney in particular.

The day after last seeing my friend from Big Bear, a journalist turned me onto a website about a new film, A Mormon President. I posted the trailer below and the film purports to be about Joseph Smith, who ran for President, although the website has prominently-placed photos of Mitt Romney and Jon Huntsman and seems to be offering a "Bonus DVD Feature: Mitt Romney and Modern Mormon candidates."

I have an entirely different set of reasons about Romney's lack of fitness to me president and they have to do with his clear record as an economy destroyer and someone who has built a fortune around systematically devastating companies and jobs for quickie profits for himself. You think Hoover, Bush and Obama were bad? Mitt Romney-- Mormon or not-- would make both of them look good.

Saturday, July 16, 2011

Yeah, Romney's Worse Than Obama, But America's Real Enemy Is Our Political Elite



I'm envisioning next year's presidential race being about how Romney really and truly is worse-- even much worse-- than an admittedly truly horrible Barack Obama. Romney may have been correct when he told the Wall Street Journal that Obama is worse than Carter but Obama is certainly not as bad-- at least he hasn't been so far-- as George W. Bush, who Romney has backed to the hilt. And, more to the point, Romney's record indicates he would be an even worse president than Obama-- on every level. I'm not going to talk about Lily Ledbetter; it's almost embarrassing. And I'm not going to talk about the basically conservative approach to healthcare reform that both Romney and Obama enacted. Instead... start by taking a look at the Rachel Maddow segment above that airs a series of ads that focus on Mitt Romney's record as a destroyer of American jobs.

There's nothing I would say to defend Obama's approach to the presidency. He just plain sucks. But Romney just makes him look... merely mediocre.
Republican Mitt Romney often says, as he did at three campaign stops here Thursday, that he wants to create jobs by lowering taxes. He says he wants to loosen federal regulations on businesses. And he says he has a unique skill set from 25 years in the private sector to develop innovative solutions that can revive the sputtering U.S. economy.

What Romney doesn’t say is which taxes he would lower and by how much. He doesn’t say which regulations he would loosen. And he doesn’t say what his solutions are other than general principles that for years have been Republican Party orthodoxy.

It’s not that the former Massachusetts governor doesn’t have ideas. It’s just that he hasn’t shared them yet.

At a lively town hall meeting here Thursday night, Romney methodically plowed through about 15 questions over the course of an hour, including one from a woman wondering whether he would continue to subsidize big oil companies if elected president.

“What I would like to see us do philosophically is to bring our [corporate] tax rates down to be competitive with the world but get rid of a lot of these special breaks that exist,” Romney answered. “We ought to look industry by industry and say, ‘Where are the lobbyists striking special deals for companies?’ Let’s get rid of that stuff and bring our rate down.”

The audience of about 300 gave him a friendly applause and Romney moved on to the next question, leaving behind a slew of unanswered questions. What would the corporate tax rate be? How does he define a “special break”? Which industry loopholes would he eliminate? And, of course, the original query: Would he continue oil subsidies?

By making the economy an almost exclusive focus of his campaign, Romney has raised the expectations for what he eventually will propose and has some policy gurus in his own party openly wondering whether the presidential front-runner has sound proposals to deal with the big problems he says he is uniquely positioned to solve.

And where will Romney be getting his macroeconomic guidance from? Well, the Team that tanked the economy under Bush, of course. Theirs is exactly the kind of voodoo economics, trickle down nonsense that Romney is comfortable with. He's already started recruiting an economic team-- the worst of the worst: N. Gregory Mankiw, who was chairman of President George W. Bush’s Council of Economic Advisers; Glenn Hubbard, who preceded Mankiw on the council and currently is dean of the Columbia University Graduate School of Business; and former Missouri senator Jim Talent.

So... right back into the toilet. And there is just no subtly or shades of grey in Teabagworld:

Thursday, July 14, 2011

Republican Presidential Race Focuses On The Issue Their Base Obsesses Over: Homosexuality-- Will It Destroy Romney Or Bachmann... Or Both?



Not many people are paying attention to Santorum (except on Google's search engine), even though the former Pennsylvania senator and far right fanatic claims to be running for president... of the United States. He fancies himself in a battle royale with Michele Bachmann for the hatred and bigotry portion-- which seems to be the biggest portion-- of the Republican Party base. Both are more or less ceding the selfishness and greed portion of the base to former vulture capitalist Mitt Romney. The GOP Establishment-- the political hacks with the connections to the Big Business special interests that keep the loathsome party afloat-- know Romney is their only shot at beating Obama. And now they're worried because Bachmann is starting to catch up to him in polls. Her brand of hysterical Know Nothing stoopid passes for charisma in GOP precincts, especially in the backward, fear-and-hate-driven parts of Iowa where she's beating the striped pants off Romney. And now Romney, who has failed to sign the anti-gay pledge that Santorum and Bachmann enthusiastically embraced, faces a nightmare scenario inside GOP politics of being branded as the pro-gay candidate. It's happened to him before. And conservatives are absolutely obsessed with homosexuality.
I got this story from BoingBoing a few years ago. It's just as relevant today.
Wikipedia is "The Free Encyclopedia." What's on the mind of Wikipedia its readers? Here are the top ten most viewed pages on Wikipedia:

     1.     Main Page [30,090,900]
     2.     Wiki [904,800]
     3.     Harry Potter and the Deathly Hallows [413,400]
     4.     Naruto [401,400]
     5.     Guitar Hero III: Legends of Rock [396,000]
     6.     United States [330,000]
     7.     Wikipedia [329,400]
     8.     Deaths in 2007 [321,300]
     9.     Heroes (TV series) [307,500]
     10.     Transformers (film) [303,600]

Conservapedia is "The Trustworthy Encyclopedia." What's on the mind of its readers. Here are the top ten most viewed pages on Conservapedia:

     1.     Main Page [1,906,729]
     2.     Homosexuality [1,572,713]
     3.     Homosexuality and Hepatitis [517,086]
     4.     Homosexuality and Promiscuity [420,687]
     5.     Gay Bowel Syndrome [389,052]
     6.     Homosexuality and Parasites [388,123]
     7.     Homosexuality and Domestic Violence [365,888]
     8.     Homosexuality and Gonorrhea [331,553]
     9.     Homosexuality and Mental Health [291,179]
     10.   Homosexuality and Syphilis [265,322

The GOP Establishment's hope that Santorum could derail Bachmann-- the candidate Obama would most like to run against, the one who would assure him the biggest landslide-- is falling flat... everywhere. Next up: Palin. It looks like they've persuaded her to jump in and drain votes away from Bachmann and ruin her candidacy so Romney can limp through the brutal GOP primaries and caucuses and give the GOP a relatively mainstreamish nominee. (Palin may be an idiot but even she can read polls and knows she isn't going to be president. If she jumps in, it's to destroy Bachmann, who she detests and is jealous of.)

Meanwhile, Bachmann is playing the gay card in Iowa relentlessly. And now the national media has started picking up on it. The L.A. Times, ABC-TV News and CNN were all over the angle this week. Last night Anderson Cooper just devastated her:
In her campaign for president, Michele Bachmann touts her background as a small business owner.

"A small business job creator," is how the Minnesota Congresswoman and Republican Presidential candidate described herself in her first campaign ad in Iowa.

That business is Bachmann and Associates. It's a Christian counseling service located outside Minneapolis. Bachmann started the center with her husband, Marcus who is the lead counselor at the clinic. The aspiring First couple and their children are pictured on the center's web site.

For at least five years, Bachmann and Associates has faced accusations it uses a controversial therapy that encourages gay and lesbian patients to change their sexual orientation.

Andrew Ramirez, a former patient at Bachmann and Associates, said in an interview with CNN he witnessed the practice first-hand. In 2004, Ramirez turned to the clinic at the urging of his mother who wanted him to talk about his homosexuality.

Just 17 at the time, Ramirez said he was immediately skeptical of what one of the clinic's counselors told him.

"It was therapy that would help me change from being homosexual to straight," Ramirez said. "If I did this and worked his therapy program, God would perform a miracle and I could no longer be gay," Ramirez added he was told.

Ramirez was assigned a therapy program consisting of prayer, reading Bible passages, and mentoring with an ex-lesbian minister. If none of that worked, Ramirez said the counselor had another suggestion.

"Not acting out on my same sex attractions and living a life of celibacy," Ramirez said.

After the second session, Ramirez told his mother, Beth Shellenbarger, he wanted to stop the therapy.
"And I could just hear his voice quiver and I just said, 'you know, Andy, if you're good with being gay then I am too,'" Shellenbarger said.

The American Psychological Association is sharply critical of efforts by counselors to change a patient's sexual orientation, what's known in the mental health community as "reparative therapy."

"There is insufficient evidence to support the use of psychological interventions to change sexual orientation," one APA report said.

Marcus Bachmann has suggested parents of gay teenagers can turn to religion for help.

In an interview last year with the "Point of View" talk radio program, Bachmann was asked how parents should deal with a teenager who thinks he or she is gay.

"I think you clearly say 'what is the understanding of God's word on homosexuality,'" Bachmann said.
"We have to understand barbarians need to be educated. They need to be disciplined and just because someone feels it or thinks it doesn't mean we're supposed to go down that road," he continued.

In 2006, Bachmann denied his clinic engaged in reparative therapy to "City Pages," a Minneapolis newspaper. "That's a false statement," Bachmann said. "If someone is interested in talking to us about their homosexuality, we are open to talking about that. But if someone comes in a homosexual and they want to stay homosexual, I don't have a problem with that," he continued.

This week, a gay rights group called "Truth Wins Out" released to CNN a hidden camera video recorded by one of its activists who posed as a patient at Bachmann and Associates.

In the video reviewed by CNN, a counselor can be heard suggesting homosexuality can be treated at the center, to varying degrees of success.

"You can actually leave homosexuality completely and become heterosexual?" the undercover activist asked on the video. "Definitely," the counselor responded. "It's happened before. It really has," the counselor added.

But the counselor cautioned he is not an expert on the subject.

"I don't have a ton of experience with this. I mean, a little bit here and there," the counselor added.
Michele Bachmann has a long history of controversial views on homosexuality.

As a senator in the Minnesota legislature in 2004, Bachmann called for an amendment to the state constitution that would block gay marriages in other states from being recognized in Minnesota.

"If we allow this to happen, group marriage, polygamy, and much worse would not be far behind," Bachmann said in a video to her supporters.

In an appeal to socially conservative Iowa voters earlier this month, she signed a "Marriage Vow" pledge that also equated same sex couples with polygamists.

Both Bachmann and her husband declined to discuss the clinic's practices. A secretary at the clinic referred all questions to the Bachmann presidential campaign. A sign on the center's door says "no media."

A statement released by her presidential campaign said the Bachmanns were unable to comment on the clinic's practices out of respect for its patients.

"The Bachmann's are in no position ethically, legally, or morally to discuss specific courses of treatment concerning the clinic's patients," the statement said.

The issue has followed Bachmann onto the campaign trail. Asked about the clinic's practices at an event in Iowa Monday, Bachmann dodged the question.

"Well, I'm running for the presidency of the United States. And I'm here today to talk about job creation," Bachmann told WHO-TV. "We're very proud of the business that we've created," she added.

And the irony, one the media won't touch (other than Jon Stewart on the Daily Show last night), is that Marcus Bachmann himself is a notorious closet case, a leather queen. I wonder if he and Palin's first dude will ever debate.



Or maybe the gay issue won't be all that important in Romney's campaign. He has one of the worst records of any politician in America... and it's starting to get out. Massachusetts voters hate him and they're very familiar with this series of ads from Kennedy. Watch them all 'cause it's important to remember, as disappointing as Obama is... there's even worse:

Sunday, June 19, 2011

Mitt Romney: Job Assassin



by Noah

I seriously hope that the joke doesn’t end up on all of us (as it often does), but I can’t help but laugh and laugh derisively when I see Mitt Romney. He’s kinda like “The Donald” Trump -- arrogant, overdeveloped sense of entitlement, funny hair. The difference is, of course, Romney does his hair with crazy glue, and oh yeah, he, unlike Trump, really does have all that money he says he has.

Romney has spent the last four years running for President. I guess that, in these times of austerity, even he can suck it up and leave his California palace, strap the family dog to the roof of his stretch limo and move into a smaller house on Washington’s Pennsylvania Ave. Talk about yer “shared sacrifice”!

Estimates on Mitt’s personal fortune vary, somewhere in the $200,- to $250,000,000 range, so it was really great to see Mitt attempt to get down with some common folk a few days ago. After all, he’s far from being a billionaire, so how hard can it be?

Well, if you’ve spent your entire life being so stiff, polished, every damn hair in perfect place, finely chiseled features, and so devoid of life and a pulse that you could easily be mistaken for a window mannequin, it’s apparently very, very difficult. After what Mitt said to some unemployed folks in a Florida coffee shop the other day, he’s probably asking his handlers to get him some of that “human thing.”
“I am also unemployed.”
-- Mitt Romney, June 16, 2011

I can’t imagine Mitt Romney walking into any room, let alone into a coffee shop. Instead, I find it all too easy to see him being wheeled in, stiffly upright, on a hand truck, or pulled along, carefully balanced, on one of those little four-wheel dollies, perhaps with his right hand mechanically animated to wave like the Queen of England’s hand does when she goes out and about from Buckingham Palace. Then his minders and knaves lift him up, bend his legs and sit him in a chair.

In the picture above, you can even see that they have moved his wooden arms into place to express a wooden gesture of some sort, complete with the fattest gold wedding band you ever saw shining on his finger. The recently added streaks of gray in the “hair” make a nice touch. It’s great when you can hire the best art directors money can buy.

I can sort of forgive him for his utterly tone-deaf statement. I doubt that the woodworkers who crafted him thought to give him working ears, or a heart, for that matter. To this point in his life, there has been no evidence of eithe

This era we are in is no time for some soulless, snobbish rich guy wisecracking about unemployment. We have too many of those. Romney has never had to worry about where the rent money or the next meal for the kids is coming from. Like any rich Republican, he has no idea that such worries even exist for some people, and no amount of pretending to care will make up for it. I suspect that Romney has spent most of his time on Earth wishing that he was a real human boy instead of a wooden puppet.

Then comes the lying. You can google the phrase "Romney lies" and spend as many hours as you want catching up with them.

Unlike George Washington, Romney can tell a lie. The bigger problem is, he can’t stop. To this point he has based his campaign on a very big lie. It’s a whopper! He claims pathologically to be a job creator.

Two facts of true history belie his statements: 1) As Governor of Massachusetts, his state placed 47th out of 50 in the job creation department. It would have been #48 but impoverished Louisiana just beat him out when Hurricane Katrina came along at the wire and devastated the state. 2) Romney made his fortune heading up Bain Capital, a firm that methodically leveraged and bought out companies, gutted them in a way that would make a mobster proud, fired the employees and sold the shells and empty husks off, before they went bankrupt.

Parasite!

In short, Mitt Romney has built his personal fortune of $200 million+ on the backs of American middle class workers. No wonder he is in the lead for the Republican Party’s nomination!

If Romney created any jobs, they were jobs overseas, in places like India and Communist China. Chances are that you are within the fabled six degrees of separation from someone whose job Romney took away. Maybe that person is even a close relative.

We can expect Romney to say that he created jobs. We can also expect that the media will not point out the vital details of where those jobs are, if they even exist, during the 2012 campaign; just like they don’t spend much time on what he did to Americans while at Bain Capital. The media seem to love him and Romney, like all politicians wants love. But, how can we trust a man who tortures a family dog to treat us humans any differently? Romney has already revealed more than enough of his bad character for us to decide if he gets a big job in D.C.

I know. I should be kinder to Mitt Romney. It must be so hard being unemployed with a quarter-billion dollars in your pocket. Oh, the pain and suffering! The worry! But, unlike the other people in the coffee shop, Romney chose to be unemployed. Righties don’t get that.

Romney’s foolish statement reminds me oh so much of when Daddy Bush walked into a supermarket (a place where they had food and all sorts of stuff!) and saw a price scanner for the very first time. He had no idea, zero, what it was. No clue. No difference.
#

Saturday, June 11, 2011

How Many Lives Did Romney Destroy To Become So Rich?

Wednesday I took a first stab stab at examining Mitt Romney's role in the downfall of Warner Bros Records. It's a long, complicated story and I expect to develop it more extensively over the course of the campaign if Romney overcomes teabagger hysteria and wins the Republican nomination. He is, after all, in possession of something like a quarter billion dollars and some people might wonder how he got his hands on so much.

The other day Colbert did a very successful look at how Romney's company-- Bain Capital, the source of his wealth-- employed a corporate strategy that was based around not creating jobs but firing employees. At my company, they fired 4/5s of the employees... and turned the company from the greatest music company in history into a worthless shell. Thousands of lives were wrecked. But Bain and Romney got very, very rich. I would really recommend that you watch the Colbert episode... and make sure you send it to your friends and family, especially to anyone who buys into the mass media meme that he's a "job creator" or a "model businessman."

Wednesday, June 8, 2011

Is Mitt Romney A Job Creator-- Or A Job Destroyer?

Artists and clowns aren't always the same thing

When I retired a few years ago, I had worked my way up to being a divisional president of Warner Bros. I ran Reprise Records, the label founded by Frank Sinatra as an artists' refuge that could boast being home to Green Day, Eric Clapton, Morrissey, Neil Young, Depeche Mode, Joni Mitchell, Barenaked Ladies, Enya, Lou Reed, Wilco, Fleetwood Mac, Josh Groban, Alanis Morissette, the B-52s, Chris Isaak, Steely Dan, Candlebox and scores of other artists that probably made your heart dance at one time or another. I've written a great deal in the past about the disaster of the TimeWarner merger with AOL. The irresponsible, avaricious and predatory nature of AOL top management spelled doom for the merger from day one. It also spent doom for the companies that had been built over the decades. And it got worse. Eventually a failing AOLTimeWarner sold off Warner Music-- which included the record divisions-- to a consortium of investors that included, prominently, Bain Capital, the vulture firm (that's actually what it's called) run by Mitt Romney, who hopes to propel himself to the White House by claiming to be a job creator. He wasn't; he was a job destroyer-- as a business strategy. In 2008 the Boston Globe explained the Bain strategy of slashing jobs.

A few weeks ago a much-diminished Warner Music sold itself to a Russian Mafia character (an oil billionaire)-- and inside player who was already on the Board-- who basically bought it for the debts it had accrued while Bain and the rest of the consortium destroyed what was once the world's greatest record company and turned it into nothing at all... shedding 4/5 of the employees in the process. That's the Romney job creation prowess. We had over 500 people working at Warner Records USA when Bain came along. Now there are less than 100. And, in the process, Bain made a fortune and everyone else lost, especially the artists and the public and... music. As the Globe explained, Bain "specializes in leveraged buyouts. Leveraged buyouts combine small amounts of investors' money with large amounts of borrowed money to buy established companies, increase their value, and resell them at a profit."
The primary objective, of course, was to make money. That meant every job couldn't be saved. Some strategies, such as a roll-ups, are designed at the outset to cut jobs. In roll-ups, similar firms in the same industry are acquired and combined to boost revenues while eliminating duplicative jobs, particularly in administrative areas such as payroll, personnel, and information technology.

Bain embarked on a roll-up after acquiring Ampad in 1992. Two years later, Ampad bought the office supplies division, including the Marion, Ind., plant, of typewriter maker Smith Corona. Ampad shuttered the Indiana plant in 1995, moving equipment and production to other Ampad factories.

In 1996, another Bain company, Dade International, a maker of medical diagnostic equipment, bought a similar unit of E.I. du Pont de Nemours and Co., of Wilmington, Del. Dade soon shut down two plants and cut more than 700 jobs, according to government filings. The next year, Dade merged with Behring Diagnostics, a German company, to form Dade Behring Inc. Dade Behring shut three US plants, affecting more than 1,000 workers, some of whom were offered transfers to other facilities.

Sometimes, Bain cut jobs to right underperforming companies. In 1997, after acquiring Live Entertainment, later known as Artisan Entertainment, the producer of the hit film Blair Witch Project, Bain slashed 40 jobs, about 25 percent of the workforce, according to the Hollywood Reporter. Midwest of Cannon Falls, Minn., a giftware distributor, cut 40 jobs, or about 10 percent of its workforce, less than a year after Bain bought a "significant" stake in the company.

In assessing deals, Romney and partners didn't consider whether they saved or created jobs, according to a former Bain employee who requested anonymity, citing confidentiality guidelines. When Bain partners discussed shutting down failing businesses in which they invested, Romney never suggested they had to do something to save workers' jobs. "It was very clinical," the former employee said. "Like a doctor. When the patient is dead, you just move on to the next patient."

While Bain Capital has one of the investment industry's best track records in terms of return to its investors, it did have failures. Companies acquired through leveraged buyouts are particularly vulnerable to changing conditions because of their heavy debt. Should cash flow diminish by a few percentage points, these companies can miss debt payments and plunge into bankruptcy.

Bain acquired GS Industries in 1993. The steelmaker borrowed heavily to modernize plants in Kansas City and North Carolina, as well as pay dividends to Bain investors. But as foreign competition increased and steel prices fell in the late 1990s, the company struggled to support the debt, according to Mark Essig, the former CEO. GS filed for bankruptcy in 2001, and shut down its money-losing Kansas City plant, throwing some 750 employees out of work.

Ampad, too, became squeezed between onerous debt that had financed acquisitions and falling prices for its office-supply products. Its biggest customers-- including Staples-- used their buying power and access to Asian suppliers to demand lower prices from Ampad.

Romney sat on Staples's board of directors at this time.

Creditors forced Ampad into bankruptcy in early 2000, and hundreds of workers lost jobs during Ampad's decline. Bain Capital and its investors, however, had already taken more than $100 million out of the company, in debt-financed dividends, management fees, and proceeds from selling shares on public stock exchanges.

By the time Ampad failed, Randy Johnson, the former union official in Marion, Ind., had moved on with his life. After the Indiana plant shut down, he worked nearly six months to help the workers find new jobs. He later took a job at the United Paperworkers union.
"What I remember the most," said Johnson, "were the guys in their 50s, breaking down and crying."

In his reply to Johnson's letter, Romney said the Ampad strike had hurt his 1994 bid to unseat Senator Edward M. Kennedy, and no one had a greater interest in seeing the strike settled than he.

"I was advised by counsel that I could not play a role in the dispute," Romney explained, adding, "I hope you understand I could not direct or order Ampad to settle the strike or keep the plant open or otherwise do what might be in my personal interest."

Hiding behind lawyers is an easy way out for CEOs. But it doesn't make for a good leader or good leadership. Lawyers gave me advice all the time-- like to drop Depeche Mode or Joni Mitchell or Eric Clapton because their last record wasn't performing up to par. I always listened politely and then did the right thing, never something I would have to explain was something some effin' lawyer told me to do.