Wednesday, January 4, 2012

Sorry, Mittens. It Ain't Over 'til It's Over.

So Mitt Romney won... By eight votes??!! And we're supposed to crown him "inevitable"? He's the big "winner", even though he only mustered the same support he got in Iowa four years ago?

Take a look at this map, then look at this map... And then, look at the exit poll. Looking at what happened in Iowa yesterday, it's looking increasingly clear that the Republican Party is a house divided against itself. As much as Mitt Romney is trying to ignore the battle on his own turf, the Iowa results prove that he really can't.

Is that why he has to resort to using deranged TEA-nut extremists as his campaign surrogates? And is that why Romney won't acknowledge the reality that continues to stare at him?

Visit for breaking news, world news, and news about the economy

And is that why he has to resort to lying about President Obama?

First, there’s no comparison between President Obama’s rescue of the American automotive industry and Romney orchestrating leveraged buyouts at his vulture-capitalist firm. Obama wasn’t trying to profit; Romney was trying to make himself and his investors rich.

Second, Romney now claims to have created “over 100,000 jobs” at his vulture-capitalist firm, but he appears to have made this number up out of whole cloth. Keep in mind, just a few weeks ago, when Romney’s Super PAC ran an ad claiming he “helped create thousands of jobs” as CEO at Bain, Super PAC officials were asked to back that up with evidence. They refused. Fact-checkers haven’t been able to substantiate the claim in any way.

Third, Romney seems eager to boast about his record in Massachusetts, but that’s a mistake. His administration’s record on job creation was “one of the worst in the country,” ranking 47th out of 50 states in job growth. It’s one of the reasons Romney left office after one term deeply unpopular, and why his former constituents don’t want him near the White House.

I guess he just can't run on his own record.

Of course, Romney has tried to spin his private sector role as that of a “job creator.” But a closer look at Bain’s modus operandi reveals that firm spent a lot of time laying off company employees rather than hiring them — all while turning a profit. More than 20 years ago, Bain — with Romney at the helm — opened a new plant in Gaffney, South Carolina with the promise of “highly anticipated manufacturing jobs,” only to shut down that plant four years later, laying off 150 workers while making millions [...]

“In the real world, some things don’t make it,” Romney offered as an explanation for the layoffs he had overseen as Bain’s CEO. However, the plant in South Carolina is not an isolated incident. Under Romney, “four of the 10 companies Bain acquired declared bankruptcy within a few years, shedding thousands of jobs.” But documents show that “Bain investors profited in eight of the 10 deals, including three of the four that ended in bankruptcy.” Indeed, the firm pointedly made higher profits “by firing workers, seeking government subsidies, and flipping companies quickly for large profits.”

As Romney’s own business partner stated, “I never thought of what I do for a living as job creation.” It’ll be an interesting display of acrobatics to see how Romney explains to South Carolinians that the profit his company made off the backs of 150 laid off workers proves his bona fides as a job creator.

Mittens was hoping he could wrap up the G-O-TEA nomination last night so he could start distracting us from what he really did and what he really said. But funny enough, Rick Santorum simply won't let him. Apparently, Rick Santorum is now the G-O-TEA's "great 'white working class'/blue collar hope"! I guess that's why he recently went on his crazy @ss racist rant against imaginary black people on welfare?

Mittens thought he could wrap it all up last night, but he forgot. It ain't over 'til it's over.

No comments:

Post a Comment