LaTourette's Syndrome Noun: la/to͝oˈrets/

{fr. Steve LaTourette, U.S. congressman from Ohio} A neurological condition afflicting Republican politicians who experience the realization that the GOP has been commandeered by extremists, and feel obligated to leave the services of that party.

Often preceded in its early stages by involuntary and inappropriate utterances of the truth.

E.g.: Sen. Hagel was a decorated military veteran who served the state of Nebraska and later succumbed to LaTourette's Syndrome.

Watching these poor folks on Ed Schultz from Freeport, Illinois, who are losing their jobs because Bain management is closing their plant and moving the production to China really drives home a point for me:

We are told that Bain Capital created wealth. It's more accurate to say that Bain specializes in moving wealth.

Yes, some people (overwhelmingly people who were already wealthy) got wealthier. But what about the wealth of the workers whose jobs go overseas? Their loss of employment and their meager wealth is exactly what turned into the wealth that flowed up to Bain investors.

All the dollars that cascade into the accounts of Bain investors directly corresponds to wealth and opportunity lost by "overpaid" U.S. workers, and to their lost equity in homes they can't afford, and lost opportunities for a decent and dignified retirement, and lost opportunities for their children and grandchildren.

And don't forget that the U.S. government, through tax incentives, pension guarantees, etc. also contributed to the flow of wealth from taxpayers to the fortunes of Romney and his cohorts.

So let's stop letting them get away with saying, "At least Romney was successful at creating wealth in his business career". He wasn't; he specialized in moving it from other, weaker people and institutions to those with the money and power to make the system work in their favor, at the cost to the rest of us.

Watching these poor folks on Ed Schultz from Freeport, Illinois, who are losing their jobs because Bain management is closing their plant and moving the production to China really drives home a point for me:

We are told that Bain Capital created wealth. It's more accurate to say that Bain specializes in moving wealth.

Yes, some people (overwhelmingly people who were already wealthy) got wealthier. But what about the wealth of the workers whose jobs go overseas? Their loss of employment and their meager wealth is exactly what turned into the wealth that flowed up to Bain investors.

All the dollars that cascade into the accounts of Bain investors directly corresponds to wealth and opportunity lost by "overpaid" U.S. workers, and to their lost equity in homes they can't afford, and lost opportunities for a decent and dignified retirement, and lost opportunities for their children and grandchildren.

And don't forget that the U.S. government, through tax incentives, pension guarantees, etc. also contributed to the flow of wealth from taxpayers to the fortunes of Romney and his cohorts.

So let's stop letting them get away with saying, "At least Romney was successful at creating wealth in his business career". He wasn't; he specialized in moving it from other, weaker people and institutions to those with the money and power to make the system work in their favor, at the cost to the rest of us.

Oy, this is what passes for business sense these days? Publicly contradicting your sworn declarations to the SEC?



http://talkingpointsmemo.com/archives/2012/07/no_romney_didnt_leave_bain_in_1999.php


To quote Richard Pryor, "Who're you gonna believe? Me, or your lying eyes?"