Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts

Sunday, October 14, 2012

MEET THE REAL MITT ROMNEY

ACTUALLY......As everyone knows the 47% issue (where he calls 47% of Americans free-loaders and lazy) is still very much in the news.  Romney has tried to back-track on that comment by saying, "Of course, I want to help all Americans have a bright and prosperous future".  He went on to say his comment wasn't elegantly stated and that he spoke off the cuff.  Let's talk about "elegant"......did he mean the disgusting attack on hard working Americans, the elderly, veterans, the not-so-well off Americans who are depending on their Social Security. Are they free-loading off the taxpayers?  We can't leave out the Bush tax cuts, where the rich are getting a handout by getting tax breaks and hand outs?  Or Tax Evaders like Mitt Romney, and his wealthy cronies, who pay little or no taxes because their accountants have little tricks that eliminate that? Are all these individuals not free-loaders who expect the 47% to pay their share of taxes?  It's hard to tell who the free-loaders are, isn't it?

Mitt Romney has to deal with his own greed and dishonesty with hard working families.  What is probably worse that anything he previously said, is he makes no apology for his statement. But instead is flipping around like crazy trying to change his image. 

So far he has not given us the details of the economic reform he keeps talking about.  He evades questions regarding the entitlements he is claiming he'll cut in his budget, and if he has plans for actually creating jobs he sure hasn't laid that out yet. Romney's new image he's created is one of a secret, deceptive robot without decency or details. This is the man that lied 27 times in 38 minutes during the October 4 debate.

Bain Capital is outsourcing 170 jobs, in a company they own called Sensata.  Bain is sending the company to China, and U.S. workers were actually forced to train their new Chinese workers, who are taking their jobs.  Mitt Romney gets a check for that!!  These families are on unemployment benefits, thanks to Bain Capital.   Romney refused to meet with the workers from Sensata.  They went to the RNC Convention to speak with Romney - he refused again . 

These are the facts, Romney continues to receive profits from Bain Capital, a company that he created that outsources good American workers jobs.  He didn't earn his wealth honestly, he found a way to sell off  U.S. companies and offshore American jobs.  Mitt Romney's egotistical greed and dishonesty will continue to do untold damage to the American people if he is elected.


GUESS WHAT?  THIS DEVIOUS MAN WANTS AMERICA TO VOTE FOR HIM




Sunday, September 16, 2012

THIS.... IS PAUL RYAN

ACTUALLY..... In Paul Ryan's acceptance speech at the Republican National Convention, he said:  "you are entitled to the clearest possible choice because the time for choosing is drawing near".  He followed this with "Here is our pledge:  We will not duck the tough issues -  we will lead". If Mr. Ryan and Mitt Romney truly want the voters to make an undisputed choice, then they have to be more positive in exactly what their unequivocal choice is.  They need to decisively tell the American people what they would do and HOW they would accomplish it.

Their choice was not on Mr. Ryan's agenda. Instead he talked about his personal life growing up in a small town, gave a little testimonial to his running mate, and then went on to a misleading indictment of President Obama as being a threat to American freedom.  He claimed the presidents vision is "a government-planned life, where everything is free but us".  That little statement did nothing but insult voters who know better.  Here's a list of 5 lies that Ryan told that night.

1. Lie:  President Obama is the "greatest threat" to Medicare.
Obama didn't make any cuts to Medicare benefits, he made cuts to provider reimbursements, to improve cost efficiency and extend the fiscal security of Medicare by 8 years.  Truth:  Ryan actually does want to cut benefits.  He proposed dismantling Medicare and replacing it with a voucher system, leaving millions of seniors to come up with more money to pay for care out of pocket.
2.  Lie:  President Obama didn't save a General Motors plant in Wisconsin.  Truth:  Obama wasn't even in office when the GM plant closed. 
3.  Lie:  President Obama ignored recommendations of a bipartisan debt commission.  Truth:  Ryan sat on that commission, and he led Republicans in voting down the commission's own recommendation.  The commission never gave a report to Obama, because Ryan himself voted to kill the report before it could reach the president.
4.  Lie:  President Obama is responsible for the downgrading of the U.S. Credit Rating.  Truth:  Ryan and the House Republicans held the full faith and credit of the U.S. hostage to try to ransom it for trillions of dollars in cuts to social programs without increasing taxes on the wealthy.  Standard & Poors said specifically, "We have changed our assumption on revenue because the majority of Republicans in Congress continue to resist any measure that would raise revenues".  That's why our nations credit was downgraded.
5.  Lie:  Ryan wants to protect the "weak".  Truth:  Ryan's biggest feat in his political career was proposing a budget with dramatic cuts to programs benefiting the poor.  He'd cut Medicaid by one third, take away health care insurance from 30 million Americans, and cut Pell Grants for 1 million students.  All so he could give more tax breaks to the rich.

Ryan is determined to dismantle Social Security (which he wants to privatize) and Medicare (which he wants to replace with a voucher system, meaning, you get to fend for yourself against private insurance companies that will charge you a few thousand dollars a month for really bad insurance).

What's interesting, is that Social Security helped Paul Ryan go to college and make him the man he is today (which in my opinion is not good). Paul Ryan benefited from the largesse of big liberal government. Government that he now wants to take away from the rest of us.
From the age of 16, when his 55-year-old father died of a heart attack, until he was 18, Ryan received Social Security payments, which, he put away for college. The eventual budget czar attended Miami University in Ohio to earn a B.A. in economics and political science, and landed a congressional internship as a junior.  He didn't finish college but still accepted the payments.
Ryan, the powerful chairman of the House Budget Committee, is still not discussing his plan on the campaign trail.  "At it's core, it provides another round of tax cuts for people like Romney and companies like Bain Capital at the expense of everybody in America.  At the expense of seniors on Medicare, at the expense of middle-class taxpayers, at the expense of investments and education and infrastructure and things necessary to help power our economy.  Romney and Ryan are hiding the consequences of their plan from he American people".

"THE  SILENCE  IS  DEAFENING"



Sunday, September 2, 2012

LET ME INTRODUCE THE REAL - MITT ROMNEY

ACTUALLY...This is the man that is the Republican candidate for President. The man with extreme social agendas; the man that will demolish Medicare; make education more difficult for our young people to afford;  repeal the Affordable Care Act and all it's benefits for women, "get-rid" of Planned Parenthood, and who will reduce taxes on the wealthy while increasing taxes for the middle-class (to the tune of an additional $6,000 per year).

I'm asking you to read these issues and then see if you can honestly, with no hesitation, vote for Mitt Romney for President of the United States.

First of all, he has an aversion to being completely honest, and seems to feel hiding behind his past is a better option than full disclosure.  And, because he plays by his own rules has decided that he won't release past tax returns.

He invests his riches in foreign accounts insisting that he has received no special tax savings from doing so.  Romney owned a shell corporation before it was transferred  to his wife as a blind trust. According to the Bermuda government "non-resident investors can buy, sell shares or fund units, make bank deposits, etc., without the fear of taxation of any kind.  Specialized local exempt companies and trusts are available for those who wish to use Bermuda for asset protection or for holding international assets, and are equally free of taxation". He is, in my opinion, certainly more than lacking in ethics.

Mitt Romney is consistent in one thing.  He lies about his past business experience i.e. Bain Capital; accomplishments as Governor of Massachusetts; and he did not save the 2002 Salt Lake City Olympic Games - the American taxpayers did. 

The SEC has forms that show he didn't leave Bain Capital when he said he did.  It's hard to argue with the SEC, but give him credit, he tried.  When indeed did he really leave Bain Capital and all the responsibilities that went with his office as CEO? 

Romney is very vague about everything he is asked, and sometimes doesn't even answer.  He has a habit of changing the subject and often ignores the question.  He is famous for flip-floping on issues - of course he says he doesn't flip-flop, he "evolves".  He is known by some as "multiple choice Mitt".

He is now facing scrutiny as he courts veterans and makes his case to those who have fought in Iran and Afghanistan, while asking for their vote as commander-in-chief.  In 1994 he told the Boston Herald, "I was not planning on signing up for the military.  It was not my desire to go off and serve in Vietnam, nor did I take any actions to remove myself from the pool of young men who were eligible for the draft"  But according to the Selective Service records he received four draft deferments....then ran off to France.

THIS IS THE MITT ROMNEY THAT YOU PERHAPS HAVE NOT KNOWN
FOOD FOR THOUGHT




Saturday, August 25, 2012

MITT'S "BLOCKERS"

ACTUALLY....... It was make public, a few day ago, that our well known presumptive Republican candidate for President, Governor Mitt Romney, has made use of some secret techniques of its Cayman Islands based funds to avoid taxes.  This is according to Bain Capital's private audit and financial records that were made public on Gawker website.  The statements made use of "blocker" entities, which are useful to help retirement and nonprofit entities avoid taxes.  Financial statements for another fund states that it "intends to conduct its operations so it will....not be subject to United States Federal income or withholding tax. These details are on the statements of two funds in which Romney still holds in a large investment, "according to the financial disclosure statements he filed when he announced his bid for president".

I truly believe that the Bain documents on the Gawker website could ignite a debate about Romnney's role at the company, and "specifically about Bain's decision to domicile many of its funds in offshore locations known as tax havens". Critics say that Romney's investments in these funds are an example of how wealthy Americans can hide their investments to limit the amount they pay in taxes.

Romney's tax returns have been at center stage in his campaign.  A press conference that was to focus on his medicare plan quickly turned to Romney's tax returns, and whether he has ever paid less than 13.9%.  He continues to ignore this issue and has called the questions "small-minded".

He continues to say that he will not release more than two years of returns.  These newly released documents have once again brought up the more technical questions about Romneys investments  -  the use of so-called "blocker" entities.  "The 'blocker' is a paper that serves as a buffer between the investor and the fund holding the investments.  That means the investment income can be counted as a dividend and in some cases avoid income tax".

It's interesting that in the financials for the Bain Capital Asia Fund, the audit describes the use of "blocker corporations" to hold more than $92 million in contributions from the fund.  "There have been financial experts that have pointed to the 'blockers' to explain how Rommey has been able to amass between $20.7 million and $101.6 million in a tax free IRA, many times more than the typical amount an IRA can hold.   Romney has not responded to questions about his IRA.
  
THE ONE THING HE CAN'T "BLOCK" IS PRESIDENT OBAMA'S RE-ELECTION

Thursday, August 16, 2012

"YOU PEOPLE"

ACTUALLY....... This is too good to not share.  Ann Romney has every right to say whatever she wants, but her haughtiness in her recent news interview could be down right insulting.  I really don't know what the question was that caused her to go ballistic, but here is what she said:

"Seriously, what do you people expect? In the last two years alone, my husband and I have tithed $1.5 and $2.6 million, and given $7 million to charity. To get received, (??not sure what that means) we have to pay, not that I mind, no really, I don’t. What have you people done? We even gave up our elevator for you people. What’s going to be enough?  Honestly, my Mitt is a very generous person.  I've got stuff.  And haven’t you people read anything about my Mitt? All the people he’s helped. He saved the Olympics! Do you really think that is the kind of person who is trying to hide things, or do things? Private equity is what it is, deal with it. At least the guy got paid to build the stage.  Oh, and when he was Massachusetts governor he didn’t take a salary. I won’t even go into all the money we had to move around to make that one work! Christmas was a nightmare. Mitts doing God's work, don't you people know anything?  I just wish I was sure, because you people are so ungrateful. The economy would be in a sink hole if it weren’t for all the taxes rich people pay… well, we don’t pay them, er.. I mean, we pay enough, so you people don’t have to."

I have never heard or read so much babbling in my entire life.  I'm sure that what she really wanted to say is that she is better than anyone else (you know, she "has stuff").  And “you people” that are lower class than she and not entitled to the information that the wealthy share.  She was saying that we are of a different 'class' of people.   

What rock have you been under lady?  Sure you're rich, but do you think you're the only la-de-da wealthy woman in the U.S.  That is not only ridiculous, it's insulting, and pathetic.   As far as I'm concerned you have really shown your idiotic, insecure real persona.

But.....Here's the real deal.  She is hiding information, every bit as dangerous as her husband.  The Daily Kos first looked into Romney World back in 2008. The blog discovered "that Bain Capital was set up as a front company for Panamanian shell corporations to hide money. The L.A. Times got into it further last week. The families that held control of  El Salvador by assassinations contributed to several of Bain Capital’s shell companies. And Bill Bain specifically told Romney that the Panamanian money had to be totally separate from Bain & Company, the parent of Bain Capital. This was to be Romney’s baby. If word got out that Bain & Company was off-shoring money for dictators, Bill Bain’s U.S stakeholders would dump him."  From what I've been able to tell, Romney invested the money in the U.S.  But, with Romney in the deals with his investors Bill Bain just left.

Ann Romney "has stuff" and knows "stuff " and says you people don't have a right to know.  She feels that what the upper class does is no business of the lower class. Those in Romneyville doubled their incomes, investments property, etc.  And you know what they want to give the rest of Americans - coupons for Medicare and privatize our Social Security. Ann Romney doesn't want you people to know about how she and Mitt live their life.

Now tell me, are Mr. and Mrs. Romney doing God's work?



Wednesday, July 18, 2012

JUST CREATE YOUR OWN FACTS

ACTUALLY.....Mitt Romney just can't stand to have someone get the best of him.  Therefore, he now has this cockamamie idea that President OBama's administration is compared to those in foreign lands where the government gives handouts to the rich and makes the middle class suffer.  I think his 'Bainpain' has really got him reaching, big time.  He says that Obama is handing out money to the businesses of his campaign supporters. Romney said "I believe in free markets and free people" and is accusing President Obama of crony capitalism. 

Of course, we all know that Romney is still trying to run from the "tax return police".  He still hasn't explained why his name appears on government filings as leading Bain Capital years after he claims he left it.  Instead of telling the American People the truth he would rather criticize our President for a "political philosophy that he says attacks success and wants Americans to be ashamed of their achievements".  President Obama said "if you've got a business - you didn't build that.  Somebody else made that happen."  Once again Romney took a statement entirely out of context and wants the American people to believe only what he want's them to believe. What Obama actually said is that he praised individual achievement.  The "handouts" Romney mentioned was actually referring to contributions from school teachers or road builders.  The President believes in helping the middle class and thinks that somewhere there was a great teacher in your life that taught you to survive and be a creative person - build roads and bridges.

Romney said that Americans value their school teachers, firefighters and road builders, but they are funded.   Yes, you moron, they have to be funded.  The Gennie doesn't just jump out of the bottle and twitch his nose to make these things happen.

Mitt, get your head out of the sand and act like a grown up. Oh, and Gov. Romney, you want to know where the stimulus money went during the Presidents first term....................stay tuned - next post



  U3U8UNWM5DYT

Saturday, July 7, 2012

POOR ANN'S CONUMDRUM

ACTUALLY.......Ann Romney doesn't think that the Democrats are playing nice with her hubby.  Last year when an exasperated and frustrated DNC employee made an innocent remark with regard to forming their campaign and said, unless things change he would just have to "kill Romney", she took the comment entirely out of context and got her feelings hurt. (Perhaps a PMS moment?)  Supporting her husband in regard to that silly statement, she told CBS news in an interview that "Mitt Romney is the only one that can turn this country around and the only one that can bring hope back to this country.....which is what he ran on last time".  Well, obviously that plan didn't work in 2004 because Sen.McCain beat him, and it won't work now!! Ann believes that it's all a part of a plan to portray her husband as inapproachable and unqualified for the position that he hopes to achieve.  Ann is also giving a lot of thought to who might be his running mate.  (Is that really her job?) "It's going to take someone that Mitt will enjoy, with the same personality type that will enjoy spending time with them".  That's really an ambitious thought!  Spend time with Romney and his wife.........ugh!!

Romney has way too many problems to mention here. However, among those are his inconsistency with his ideas and statements (or should I say wishy-washy), he's unprincipled, phony, as well as greedy and will do anything to make the almighty dollar for himself (as evidenced by his tenure at Bain Capital)  Oh!  I don't want to forget the fact that he's a job-killer! Have you ever seen him actually visit with any of those people in the small town restaurant's or drug stores he calls a campaign stop?  No, he doesn't sincerely care about the middle class people that he's trying to entice into a vote in November.

How can a man with a $250 Million net worth (with possibly more hidden offshore) possibly communicate honestly with small town, middle class citizens.  I have a "news flash" for you...........HE CAN'T.  Ann Romney said "they don't get him at all".

Umm, got news for you Ann, I "get him" and so do a lot of other people he's trying to impress.