Romney and Bain Capital – his start at building an evil empire

Romney’s appears as a tortured sanctimonious man, praying profusely over his decision whether to send a spear Trump’s way in the impeachment saga. So he claims in his presentations to the media and on the Senate floor. There is much more to Mitt Romney. This noble man who is nothing more than a political hack, who made his money the old fashioned way that the Progressives so often remind us as offensive. A chip off the old block of his dad George Romney. I give you an old post about Romney – there are so many – but this one let’s us know just how he got to where he did,

“Profoundly religious” starts his motif.

Refresher: Romney and Bain Capital – a Company ‘Harvester’

How about a refresher now that Romney has arisen like the “Ghost of Christmas past.”

How easy to forget what a swamp creature he was and is, and we should not be surprised that he couldn’t even wait to be sworn in to attack Trump. His baby – Bain Capital. The harvester which bought distressed companies, attempted to make improvements, but not to worry. If they failed they simply sold their assets, went bankrupt with employees losing their pensions in some cases then on to the next – wash, rinse and repeat. He no doubt was successful. There is no doubt had a couple of super hits – Staples being one.

Here are a few snippets:

But at Bain, Romney’s top priority wasn’t to boost employment. As the Wall Street Journal recently noted, creating jobs “wasn’t the aim of Bain or other private-equity firms, which measure success by returns produced for investors.” And, the newspaper reported, Romney’s 100,000-jobs claim is tough to evaluate.

Mother Jones has obtained a video from 1985 in which Romney, describing Bain’s formation, showed how he viewed the firm’s mission. He explained that its goal was to identify potential and hidden value in companies, buy significant stakes in these businesses, and then “harvest them at a significant profit” within five to eight years.

……But this short clip offers a glimpse of Romney when he was at the start of his private equity career and saw businesses as targets of opportunity that could be harvested for the benefit of his investors, not as long-term job creators or participants in a larger community. His remarks were hardly surprising, but they did encapsulate the mindset of get-in/get-out private equity deal makers.

H/T: Mother Jones

This video was created in 1985.

Mitt Romney on Bain’s plan to buy and “harvest” companies

Oh, by the way Romney was against calling the whistle blower. Now he no longer has to worry about his involvement in the Ukraine matter. He will just say Trump is out to get him, his political adversary. See how the game works?

Romney’s National Security Adviser? Burisma Board Member Cofer Black

You see, all remains well in the swamp.

49 Responses to “Romney and Bain Capital – his start at building an evil empire”

  1. markone1blog Says:

    said Trump “looked a little sedated.”

    Liked by 1 person

  2. kidme37 Says:

    I can’t remember much of the content but I saw a youtube of Romney Years ago teaching? people in a contention type setting how to scam money. I have no doubt this is his main focus along with all the other self-enrichment categories.

    Liked by 1 person

  3. peter3nj Says:

    I just LMAO. AOC-Always On Crack- called out Trump for saying anyone in America has the opportunity to pull one’s self up by his bootstraps. This genius said it’s physically impossible to pull yourself up by your bootstraps or your shoelaces. I say she should be appointed as head of the Department of Education’s Romper Room division.

    Liked by 3 people

  4. peter3nj Says:

    As an employee who along with about 80 others lost his job in 1986 when my company, a family run business founded in 1845, was bought by an equity company that first scavenged it then sold the bones to a nationwide company I’d like to join Romney’s roof riding dog in pissing on his leg.

    Liked by 2 people

    • bunkerville Says:

      Try working in a healthcare system for over twenty years and gets bought out by a hedge fund…..they are getting screwed though, since they then became a for profit they were stuck with real estate taxes, Of course the locals are too dumb to figure out the plan thus assessed them with a 45 million tax bill….just to hurry along the destruction of the only health system in the game… If i had the right equipment I too would not mind pissing on a leg or two.

      Liked by 1 person

  5. Darth Bacon Says:

    After Pelosi’s actions at the State of the Union address on Tuesday night, We can all laugh the next time she tries to lecture Republicans on Civility!

    Liked by 2 people

  6. Mustang Says:

    I find the notion of the state legislature recalling one of their senators fascinating. It re-asserts federalism into the mix, which is what we’ve been lacking since the 17th Amendment. Popular election of senators has not well-served the interests of the United States or the independent states, or the people. The founders envisioned that senators represented the interests of their states at the federal level, not as representatives of the people. Sadly, it was a republican who first came up with the notion of making senators answerable to the people … part of Theodore Roosevelt’s progressive movement. Fiddle-faddle. We need our several states to be partners with (and stumbling blocks to) the federal legislative body. Go Utah!

    Liked by 3 people

    • bunkerville Says:

      Go Utah indeed….. Mormons stick with Mormons I do believe….
      The issue of States choosing the Senators is a two edged sword now that we are down to a one party rule in many States. Take PA… the politicos choose the judges and many smaller positions…. the candidates simply run on both sides of the ballot. Take CA…. now the top vote getters regardless of parties become the candidates in the general.
      Our founders left us bereft leaving it up to States on how to run their elections. Iowas is a case in point… what a bastardized system. What happened to the secret ballot we are promised?
      While in earlier days perhaps with decent people the State selection of Senators might have been reasonable… Now I conceive of it as potentially dangerous.

      Liked by 3 people

    • Mustang Says:

      A well-made point, of course, but America’s Republic has always been perched on shaky ground. Your argument is why many people do not want to see a convention of states, and their concerns are well founded. On the other hand, it really should be up to the people to decide matters of politics inside their states because the American people are NOT citizens of the United States; they are citizens of their states. They are Pennsylvanians and Texans and Missourians more than they are United Statesians. I would say that right about now would be a good time for a robust conservative movement in PA. If any state can swing left, then it can also swing right. My cousins live in PA; one is definitely conservative, the other leans in that direction. I think what is missing in PA is a well-managed organization able to marshal like-minded citizens. The political history of PA is quite interesting and explains why the state leans left, but all of the circumstances that made PA blue no longer exist. A well-organized conservative movement should strike while the iron is hot in the post-impeachment era.

      Liked by 3 people

      • bunkerville Says:

        Good points…..but it is very hard to overcome the cities… now the suburbs which we always counted on… Bucks and Delaware that helped mitigate Phila are now entirely Blue…. Rural NE PA now is a bedroom community of New York… We are getting flooded with NGO “immigrants.”
        The tea party is alive and well and has been successful in local elections…… we work hard….but the numbers are very difficult.

        Liked by 3 people

  7. Says:

    Mitt Romney had his few minutes in the limelight, and in a day or two he will be forgotten… . But this day is, and should be about President Trump being acquitted Why should we ruin it by giving Romney more publicity than he deserves? voted today? Romney is a Pissed Off, Foolish Man who is still upset because President Trump didn’t offer him a position in his administration.

    Liked by 1 person

    • bunkerville Says:

      I agree with you and as such the Democrats are using the issue to their advantage… That said, this mean nasty man needs to be called out….many have forgotten or never heard of his long history of deception…. same as his father George.
      He is covering his malfeasance and in my mind he is more that a pissed off foolish man who was jilted by Trump. Corruption.. as I say, always follow the money…it will lead to the Ukraine.

      Liked by 1 person

  8. Says:

    It looks like Fortunato is Eating his Heart Out this morning looking for those Idiotic Hateful Photo shopped pictures of the President . Showing just how Hateful Old Mario is himself.

    Liked by 2 people

  9. Darth Bacon Says:

    I am NOT writing this comment about Pelosi’s idiotic, childish behavior when she was seen tearing up the President’s State of the Union speech, and it is not about The content of Trump’s State of the Union speech. What this comment, or Post is about is Nancy Pelosi’s incredible HATE! . It’s about Nancy Pelosi’s facial expressions at the State of the Union all during the speech. I just can’t over get thel picture of how incredibly hateful she looked.

    Yes, there isn’t any doubt about where my political locality is. And it’s no secret that I have plenty of resentment toward lefties, but I don’t blame “the left” for Nancy Pelosi’s hate. And I do think that “the left” would be far better off if they got RID of Pelosi, and OUT of view from the public. The left would be wise to do something about this symbol of hate, before their entire party goes down the drain.
    She needs to step down and retire to Shady Oaks.

    Liked by 2 people

  10. Linda Says:

    I do believe there is a movement to recall Romney…traitor. I am awaiting news that he will run to the democrat side.

    Liked by 4 people

    • bunkerville Says:

      We can’t afford to lose him sadly… we are only at 53 and he has 4 more years to go…..we lose the GOP majority in the Senate and kiss the whole shabang good bye…hate to say it but we need to suck it up no matter how he votes… if we get a cushion this fall then fine kiss him off, until then I suggest walking lightly not as Donald Trump Jr suggested.

      Liked by 3 people

      • dave drake Says:

        ^Bunk@ 8:37am: Your points are most valid, keep him on the team until he can be booted out. In the interim, I’d say keep him off all commitees, ostracized and out of the loops, on all important matters. He can’t be trusted and should be treated as such. We don’t need another McCain who’s willing to run to the ‘other side’ with fake intel or dossiers out of spite and bitterness because he “doesn’t like” President Trump.

        Liked by 2 people

      • bunkerville Says:

        Agree Dave…. I can’t imagine what his goal is at this point… his future with the GOP is very limited now.

        Liked by 1 person

    • markone1blog Says:

      I kind-of wish Romney would run on the Democrat side. Do you know how long it has been since a Democrat has been elected to the Senate in Utah? (Hint: Frank Moss, who was more of a Republican than Romney, lost and ended his term in 1977.)

      Liked by 1 person

    • peter3nj Says:

      They won’t take Romney because he was inconsiderate to his doggie 🐶 lo those many years ago. After all dogs are people too, ask any democrat.

      Liked by 1 person

  11. hocuspocus13 Says:

    Do we [Trump] have a nic name for Romney? 😉

    Liked by 4 people

  12. GP Cox Says:

    I have nothing against religion, but Romney appears to be on the verge of extremism. (and that’s not good for ANY religion).

    Liked by 4 people

  13. hocuspocus13 Says:

    Romney’s not fooling anyone any more

    CPAC did not invite Romney this year to their convention

    I also read something to the effect of his State being not happy with him either with his vote against Trump

    His State wants to put into law the ability to recall an elected politician if the politician does not do the people’s bidding

    Liked by 3 people

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