Mitt Romney: Economic wrecking ball?
The hallmark of the liberal control of the American government from 2007 through 2011 has been staggering unemployment. Officially, the unemployment rate hangs at ten percent. The real rate of unemployment, including under employment is closer to twenty. When you include those who have given up on searching for a job, the number becomes even more staggering.
Many in the GOP field claim to be the economic savior of the county. Perhaps the loudest self-cheerleader seems to be Mitt Romney. He has been making the rounds asking, “who is going to put 15 million people back to work?”
Romney of course, wants to imply that it will be him, given his vaunted business background. Given his political background, giving Massachusetts “Romneycare” and running for the United States Senate to the left of Ted Kennedy, Americans should be worried. When you look at his track record as a businessman, worry should turn into all out alarm.
Much of Romney’s wealth comes from something called “Bain Capital.” Bain Capital is a private equity firm that loaned money to businesses. Their tactic was to use money they loaned to the businesses, to help the businesses boost their short-term earnings so they could borrow even more money. Those companies then paid out dividends to Bain Capital, so Bain Capital profited handsomely.
You don’t need to have an MBA from Harvard to figure out how those stories ended.
In interviews with the New York media, Romney has denied having taken money from two companies that went bankrupt. He has said that a company (Like Bain Capital) should not take dividends from companies when that puts the company at risk of going bankrupt.
Yet, according to those interviewed for stories in the New York media, that is exactly what Romney did, time after time.
Romney made hundreds of millions of dollars for Bain Capital but the end result was the bankrupting of multiple companies and thousands of workers losing their jobs.
Most of the mainstream media is giving Romney a pass. Why? He is Obama-lite and if Obama loses the 2012 election, having Romney in the Oval Office is the next best thing, even if he is a Republican.
The media has excoriated Sarah Palin for every fault she has, both real and imagined. Yet Romney, who has a very checkered business past, is getting a free pass.
As we have said before on Tea Party Nation, Romney is no conservative. For the Tea Party movement to accomplish its goals and save America from socialism, we need a President to take over in 2013, who is committed to dismantling socialism and dismantling what Obama did. We need a President committed to the destruction of liberalism.
The jury may still be out on who the best candidate for us in 2012 will be, but there is no question, Mitt Romney is not a conservative and he is not the candidate we need in 2012.
Replies to This Discussion
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Permalink Reply by James Robbins on -
Herman Cain! Read about him. Read what he says and what he stands for. Then give me a reason why all conservatives should not be firmly behind the guy.
We cannot have another McCain, a liberal appointed by the media and fake Republicans registering to vote in primaries. That is exactly what Romney would be: a chosen loser!
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Permalink Reply by George Blumel on
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We have most of this year to find our candidate so it is proper to go through this process of elimination. RomneyCare was all I needed to eliminate Mitt --anyone who thinks government is the answer is no conservative. Hucklebee is a major league taxer --he increased taxes 65% during his tenure as Governor of AK--who seems to think that if something is a good idea it should be a federal program. He has an interesting TV program and I think he's well-suited for the job as host but not as President of the USA.
Can you believe Newt Gingrich going to Iowa and praising ethanol? Even Algore now admits that the only reason he supported ethanol in Iowa was to get votes for his presidential bid. Ethanol is a scam on the American taxpayer and a terrible drag on world food prices with not one single advantage to any of us. Most favored industries get some protectionist advantage from FedGov like tariffs on competitive products, subsidies or mandates. Ethanol is so inefficient, uncompetitive and lacking in any identifiable benefit that FedGov gives it all three! And now there goes Gingrich into Iowa seeking votes and contributions from corn farmers (the only group to benefit from ethanol besides politicians) in his quest for the presidency. That should eliminate him from conservative/libertarian/tea party consideration for 2012. Cross him off! His TV appearances with Pelosi pushing the global warming hoax, his push for Bush's new prescritption drug entitlement and his personal life add to the list for elimination.
Jon Huntsman has some very good qualities but, as governor, Huntsman came under criticism from some in his own party for supporting civil unions for gay couples and making Utah part of a regional alliance aimed at developing goals to cut greenhouse gas emissions.
Ok, let's go down the rest of the list in due course.
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Permalink Reply by Ron Tyler on -
I take exception with your excoriation of Mitt Romney. Mitt Romney is a conservative and could very well pull this country out of the mess it is in. He AND Sarah Palin have the experience and the know how to stop the Communism/Socialism hold that is on our country. Mitt Romney has proved himself not only as a person but as a business man. In my opinion, your attacks on Mitt are Unfounded.
In the future, if you attack a candidate, you need to offer the Burden Of Proof and the resources to substantiate your claim, or you don't need to attack that person. We need a good candidate to represent us. We need someone who WILL stand up for what is right. We don't need the personal attacks, and once we have the candidate, WE ALL need to get behind that person and defeat the Criminal in Chief and put him behind bars.
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Permalink Reply by Roger VTea Party on -
McCain=Romney=RINO
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Permalink Reply by D. A. Stuart on -
How about WALKER for president. If he dismantles the unions he's got my vote.
Especially if the movement dominos to other states like the unrest in the Middle East.
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Permalink Reply by james ronald hummell on
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mitt romney is our best hope for the future.you people in the tea party are making me wonder about this movement.with guys like phillips your getting to the bottom of the barrel.
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Permalink Reply by Ron Tyler on
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Judson Phillips is starting to turn me off. He is starting to sound like another right winged radical! We need someone in charge who will stand for our values and not go off half cocked and spout trash. He will not offer proof to his off the wall charges and spouts crap. I am about to get off this site if it does not stop! I have a feeling that many other people feel this same way!
I belong to another online group. I am a moderator for the group. I am known for my political commentary, both in oped formats, posts and blogs, but when I make a statement, I back it up with proof.
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Permalink Reply by Shirley Eliakis on -
Where's your proof on those statemens, Ron Tyler? Back up instead of 'spouting off'!
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Permalink Reply by Thomas on
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"We need a President committed to the destruction of liberalism."
Throughout history all governments who were based on the statist model that today is being called liberalism have self-destructed.
It seems that throughout history, all governments, sooner or later, suffer age-related dementia. Statist governments seem to be highly succeptible to some kind of early onset Alzheimer's. You doubt it? Just take a good close look at the patheticly debilitated institution that we have in Washington, DC.
Uncle Sam is on his death bed. Where in Arlington do you reckon would be the most appropriate burial site for the old dude?
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Permalink Reply by Ron Tyler on
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That is why we need to administer CPR to Uncle Sam. We need to throw out the liberals, communists, socialist! We need to incarcerate anyone who purports to be a communist just like we would have done so back in the day! It is time to stop this evil and turn America around and prove to the world that America is a great country that DOES NOT bow to anyone!
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Permalink Reply by CM on
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hum, is this why MR avoids the Tea Party folks? Real conservatives seek to get invited to TP rallies while the Rino's avoid them.
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Permalink Reply by Russell A. Stewart on -
Another "LOSER" with his record of ordering homosexual marriage and making abortion a tax funded "Health Care Benefit" I would bet that he doesn't have much of a chance. Anyone putting this choice individual on their ticket would be committing political suicide. Of course the liberals would vote with glee, but we all consider that source.
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