HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Editorials & Other Articles (Forum) » Gov. Jennifer M. Granholm...

Wed Jul 18, 2012, 04:06 PM

Gov. Jennifer M. Granholm - Romney and Bain Didn't Become Successful "On Their Own" Either!

I'd been trying to figure out just what bugged me so much when Mitt Romney said these words about "free stuff": "If you're looking for free stuff, if you're looking for free stuff you don't have to pay for, vote for the other guy. That's what he's all about, OK? That's not what I'm about."

It wasn't just the apparent pander to his conservative crowd... something else was bugging me. And then I saw the clip below from The Daily Show with Jon Stewart this week, and it hit me.

It's that Romney is taking advantage of the government's "free stuff," too, and has been profiting from it handsomely for a long, long time -- even as he rails about the "free stuff" that the government provides other people.

¬snip¬
Bain also asked Kansas City for a $3 million tax break. The Bain executives were taking home $36 million in borrowed funds and were asking Kansas City to forfeit $3 million in public money for police officers, roads and schools? More free stuff!

Then, when GST Steel filed for bankruptcy and laid off 750 people, we learned that Bain had consciously underfunded its pension obligations to those employees. The company simply decided not to meet its legal responsibilities. The end result: the federal government's pension benefit guarantee corporation was stuck with a $44 million bill.

more: http://www.huffingtonpost.com/jennifer-m-granholm/romney-and-bain-got-milli_b_1683775.html

4 replies, 1627 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 4 replies Author Time Post
Reply Gov. Jennifer M. Granholm - Romney and Bain Didn't Become Successful "On Their Own" Either! (Original post)
maddezmom Jul 2012 OP
patrice Jul 2012 #1
KansDem Jul 2012 #2
maddezmom Jul 2012 #4
amerciti001 Jul 2012 #3

Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:17 PM

1. K&R

Reply to this post

Back to top Alert abuse Link here Permalink


Response to maddezmom (Original post)

Wed Jul 18, 2012, 04:27 PM

2. Kansas City


Reply to this post

Back to top Alert abuse Link here Permalink


Response to KansDem (Reply #2)

Wed Jul 18, 2012, 06:53 PM

4. so sad

these personal stories really undercut anything Rmoney has to say about his business experiences.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to maddezmom (Original post)

Wed Jul 18, 2012, 06:23 PM

3. Modus Operandi

that's Mitt Rmoney "method of operation". He was just pandering to a base that thinks that if you're not like them(i.e., white and conservative), then all you're looking for is Government hand-outs. Please, as if he's unaware of Corporate Welfare! He's probably the biggest Corporate Welfare Recipient there is. By being in the 1%, himself, everything about him is not paying anything and taken every (legal) deduction he claims he's entitle to, i.e., Government "free-stuff"

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread