Obama raises over twice as much money than Romney at Romney's old Firm Bain Capital Around Town, posted by Hank Lawrence, a resident of the Menlo Park: Sharon Heights neighborhood, on Jan 10, 2012 at 11:49 am
The Washington Post, a newspaper renowned for its "progessive" views has reported that Barack Obama raised over twice as much cash from Bain Capital, the Boston private-equity firm co-founded by Romney than Mitt Romney himself. Score Obama $76,000 Romney $34,000
According to the Washington Post "Obama has brought in more money from employees of banks, hedge funds and other financial service companies than all of the GOP candidates combined".
Posted by Burl, a resident of the Menlo Park: Belle Haven neighborhood, on Jan 10, 2012 at 11:58 am
From Ricky Perry: "I had to shake my head yesterday when one of the wealthiest men I suppose has ever run for the presidency of the United States, the son of a multimillionaire, Mitt Romney, he said 'I know what it's like to worry about whether you're going to get fired. There were a couple times when I worried about whether I was going to get a pink slip.' He actually said this," the Texas governor said at a campaign stop in Anderson.
"I have no doubt that Mitt Romney was worried about pink slips, whether he was going to have enough of them to hand out because his company Bain Capital with all the jobs that they killed, I'm sure he was worried that he'd run out of pink slips," he continued."
"Mitt Romney's rescue of a business consulting firm was achieved in part by convincing the Federal Deposit Insurance Corp. to forgive roughly $ 10 million of the company's debts, according to sources close to the deal and federal records obtained by The Boston Globe"
Posted by Burl, a resident of the Menlo Park: Belle Haven neighborhood, on Jan 10, 2012 at 12:06 pm
So sorry, forgot the link about Romney getting paid millions every year from the job killers at Bain:
"(Romney)negotiated a retirement agreement with his former partners that has paid him a share of Bain’s profits ever since, bringing the Romney family millions of dollars in income each year and bolstering the fortune that has helped finance Mr. Romney’s political aspirations.
The arrangement allowed Mr. Romney to pursue his career in public life while enjoying much of the financial upside of being a Bain partner as the company grew into a global investing behemoth.
In the process, Bain continued to buy and restructure companies, potentially leaving Mr. Romney exposed to further criticism that he has grown wealthier over the last decade partly as a result of layoffs. Moreover, much of his income from the arrangement has probably qualified for a lower tax rate than ordinary income under a tax provision favorable to hedge fund and private equity managers, which has become a point of contention in the battle over economic inequality..."
Posted by Hank Lawrence, a resident of the Menlo Park: Sharon Heights neighborhood, on Jan 10, 2012 at 2:41 pm
You leftists can take comfort in Obama winning California. I'll take comfort in Romney winning the Nation. The American Public has wised up to Obama's chicanery. You remember those U-Tube videos of people eurphorically screaming "Great I don't have to pay my rent and my car payment". I wonder how dissapointed those people were when them found out that those ACORN democrat operatives were flat out lying to them? Then of course there is the rest of the country that will resoundingly repudiate Obama's failed experiment with socialism.
Posted by Hank Lawrence, a resident of the Menlo Park: Sharon Heights neighborhood, on Jan 11, 2012 at 8:30 am
The Miami Herald reported this morning that Florida voters prefer Romney over Obama. Imagine that. Obama steals $500 Billion from Medicare and he expects seniors to vote for him? The way Obama is cratering it will be an uphill battle for him to even carry Dade or Broward counties.
Obama will carry the Northeast, Illinois, the left coast, and Hawaii. Flyover country, with few exceptions, will vote resoundingly for Romney. The failed experiment with European Socialism only has 375 days left. The clock is ticking.
Posted by Burl, a resident of the Menlo Park: Belle Haven neighborhood, on Jan 11, 2012 at 9:30 am
Can't let the Medicare blather pass without honoring it with a little sunshine...
Nice Fox talking point on the cutting of $500 billion in corporate welfare for private health insurance companies. Medicare Plus was a boondoggle, basically giving corporate welfare to insurance companies to provide the same services Medicare already provides, at a much lower cost to taxpayers.
Unless Hank, you like giving our tax dollars to for-profit health insurance companies - do you? Are you a big government conservative?
Or were you on Medicare Plus, and think you deserve special treatment from the government? Oh, I get it, you LOVE GOVERNMENT, when it's on your side!!!