President Obama will be debating today’s version of Mitt – but let’s keep in mind what he’s said before. At tonight’s debate, President Obama will talk about what we’ve accomplished over the last four years to rebuild our economy and restore middle class security, and his specific plans for the next four years to continue … Continue reading »
Tag Archives: Bain Capital
A primer on tax planning using Romney’s favorite ways to avoid paying his fair share –
http://www.rollingstone.com/politics/news/mitt-romney-s-tax-dodge-20121012# This story is from the October 25th, 2012 issue of Rolling Stone. Mitt Romney’s Tax Dodge A guide to how the multimillionaire twists the law to hide his massive fortune – and avoid paying his fair share in taxes by: Tim Dickinson Mitt Romney illustration Illustration by Robert Grossman How does a private-equity kingpin worth … Continue reading »
ROMNEY’S DEBATE LIES: Romney’s Personal Performance Last Night May Have Had Style, But He Lied to the American People and His Dishonesty Will Hurt Him in the End
Romney’s performance last night may have had style, but once again he lied to voters about his plans to hurt the middle class. As usual, Romney chose short-term gains despite the long-term consequences. Voters saw the clear difference between Romney’s dishonesty and the President’s clear and specific vision for an economy that grows from the … Continue reading »
The Etch-A-Sketch Debate
Robert L. BorosagePresident, Institute for America’s Future: After last night’s tiresome presidential debate, President Obama’s supporters were offering up what Groucho Marx used to call “departee” — suggestions on what the president should have said. That’s a pretty good indicator about how the debate turned out. The evening featured a remarkable shifting of shape, a … Continue reading »
From the inbox – John Tener on Romney and Bain and creating jobs
Dear Friends (and friends of friends), There has developed some confusion about the essence of Mitt Romney’s sources of wealth, and particularly how his Bain Capital actually works. We all know that Republican Governor Rick Perry called Bain Capital “vulture capitalism,” and that Republican Newt Gingrich described it as a business based on “figuring … Continue reading »
Mitt Romney Made Over $25 Million In Foreign Income While Governing, Campaigning
from the Huffington Post : Ryan GrimBecome a fan ryan@huffingtonpost.com Posted: 07/23/2012 5:48 pm Updated: 07/24/2012 11:38 am Elections 2012, Mitt Romney, Elections 2012, Video, Mitt Romney Tax Returns, Bain Capital,Foreign Income, Mitt Romney 2012, Mitt Romney Foreign Income, Mitt Romney Income, Offshore Investments, Tax Returns, Tax Shelters, Politics News Mitt Romney has earned a lot of income overseas. WASHINGTON — Mitt Romney accumulated more than $25 million in foreign … Continue reading »
BAIN TRUTH EXPOSED: More and More Evidence Indicates Romney Was Responsible for Bain Investments that Led to Bankruptcies, Layoffs and Outsourcing
Mitt Romney has been unable to explain why he isn’t responsible for what happened at Bain after February 1999 despite remaining its CEO, President, and Chairman. Mounting evidence indicates Romney in charge of Bain when its companies faced layoffs, bankruptcies and American jobs getting sent overseas. Romney needs to come clean so the American people … Continue reading »
AMERICAN JOBS: Romney’s Tax Plan Would Create 800,000 Jobs Overseas; President Obama’s Plan Rewards Companies for Bringing Jobs Back Home to America
According to independent economists, Mitt Romney’s tax plan to eliminate U.S. taxes on companies’ foreign incomes could create up to 800,000 jobs overseas – jobs that could come at the expense of American workers. President Obama’s plan helps create American jobs and an economy built to last by rewarding companies for bring jobs back to … Continue reading »
ROMNEY’S BAIN LIE EXPOSED: Mitt Romney Left Bain In 2001, Not 1999 as He Claims
Romney misled voters about when he left Bain. He Is Not Leveling with Voters, and is Undoubtedly Responsible for Layoffs and Outsourcing Today The Boston Globe is reporting that Mitt Romney left Bain Capital in 2001, not 1999 like he claims, proving him undoubtedly responsible for Bain investments that led to layoffs, bankruptcies and American … Continue reading »
IS ROMNEY AVOIDING TAXES?
Mitt Romney’s Offshore Accounts Raise Serious Questions About Whether He’s Trying to Avoid Paying His Fair Share in Taxes Mitt Romney’s familiarity with offshore accounts in foreign tax havens raises serious questions about whether he’s trying to avoid paying taxes. Until he releases more years of his tax returns, the American people will never know … Continue reading »
VANITY FAIR: Romney’s Offshore Accounts in Foreign Tax Havens, Latin American Seed Money for Bain Raise Serious Questions; Confirm He Bets Against America
Today’s Vanity Fair article raises many important questions about Mitt Romney’s financial history, from his familiarity with offshore accounts in foreign tax havens to raising capital from shadowy sources in Latin America when he formed Bain Capital. Romney’s economic philosophy has always put maximizing his own profits above all else, even if it means betting … Continue reading »
Mitt Romney and Bain- “Pioneers” of outsourcing
Friend – The Washington Post reported this morning that “Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.” This is the same guy that goes around the campaign trail talking a huge game … Continue reading »
Romney’s Bain Capital invested in companies that moved jobs overseas
Romney’s Bain Capital invested in companies that moved jobs overseas By Tom Hamburger, Published: June 21 Mitt Romney’s financial company, Bain Capital, invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India. During the nearly 15 years that Romney was actively involved in … Continue reading »
ROMNEY ECONOMICS: Mitt Romney Would Run the Country as He Ran Bain Capital, and the Middle Class Would Suffer
Last week the Obama campaign launched RomneyEconomics.com to highlight economic philosophy behind Mitt Romney’s business experience, which he has continually claimed as his chief qualification to be President. Romney economics is about doing whatever it takes for him and his investors to profit, regardless of the cost to workers, companies and communities. He believes in … Continue reading »
We’ve got the President’s back – how about you?
At a press conference Monday, the President was asked why the campaign is taking a look at Mitt Romney’s record as a corporate buyout specialist, a record Romney’s been claiming as his chief qualification for the presidency. The President said that while there’s nothing wrong with private equity, Romney’s priority wasn’t to create jobs — … Continue reading »
