Romney Urges Students to Get Out There and Take Risks, Unlike Himself.
- From: Lisa Lisa <harryharry52@xxxxxxxxx>
- Date: Sat, 28 Apr 2012 07:08:11 -0700 (PDT)
I'm absolutely FLABBERGASTED that this welfare case is exposing
himself to scrutiny by running for office. If I were him I'd hide in
a cave and pray that no one found out about my past. Yet here he
goes, actually telling students to do something that he himself would
not do. Doesn't this guy know that he has a considerable past, and
that we'll all soon know about it?
Romney to Bain: Bail Me Out and Lie About It
Mitt Romney was not only born with a silver spoon in his mouth, he had
the most glittering of golden parachutes from Bain & Co, guaranteeing
him a job whether he failed or succeeded and with Bain agreeing in
advance to lie about any failure.
Credit Lawrence O'Donnell for exposing Romney's sweetheart deal with
Bain Capital that had been described in "The Real Romney."
Bain & Company established a subsidiary called Bain Capital that was
seeded with millions of dollars.
But, Romney was afraid, (yes, afraid!) he might fail, so he got Bain &
Company to agree in advance to take him back if he failed, and with
all the salary increases he might have received had he remained at the
parent company.
That is, Romney took no risks, he could not lose, and he would not
take the job unless Bain agreed to his terms.
When Romney says he knows how the system works, I guess he means TARP,
bailing out his buddies just as he was guaranteed a bail out.
But, that is not all. Romney was concerned that, if he failed, it
would damage his reputation. (One is tempted to ask, "what
reputation?", but that is another story). So, Bain agreed that if
Romney failed at Bain Capital, it would announce that Romney was
returning to the parent because the parent company "needed him."
This is the man who wrote "Let Detroit Go Bankrupt."
But, when it comes to himself -- no risk, no consequences for failure,
all reward, happy to have prearranged a lie to preserve his
"reputation."
Is this Romney's model of capitalism?
Romney is now running for President. We are entitled to know: Does
Romney think everyone should have guaranteed "no-cut" contracts with
their employers?
Or just himself?
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