Bain is endless fail for Romney.

Thursday, May 31st, 2012 @ 8:30 pm | Politics

Mitt Romney was never afraid to stick the taxpayer with a bill if it maximized his profits:

Classic crony capitalism: privatize the gain, socialize the risk. When Romney drove GST Steel into bankruptcy, he and his partners made $12 million in profit and another $4.5 million in consulting fees. But Romney stuck the taxpayers with a $44 million tab for the company’s underfunded pensions.

And this is what we know to be true of anybody who preaches the gospel of capitalism and small governments and ooooooh my god MY TAX DOLLARS, etc. They’re just worried that poor people might get a spot at the trough they’ve lobbied for. That means their share could go down, instead of up, and it’s gotta go up. The amount is secondary, it’s the direction, and all must go their way. The absolute last thing that ever matters is the country.

Is it really such a surprise Mitt Romney ran for governor of Massachusetts with that same Bain record and ended up 47th in the nation in job creation? He says he knows capitalism, but he only knows how to look out for Mitt.

-hw

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