Beautiful. (I was thinking the same thing during the debate, but since no one afterward pointed it out, I thought I must have misunderstood.) Just wondering whether Romney still has his old calculator around. The one from his Bain days. The one that could actually add and subtract! And multiply and divide and perform algebraic, trigonometric and […]
The Federal Bailout That Saved Bain Capital & Mitt Romney Government documents prove the candidate’s mythology is just that by: Tim Dickinson Mitt Romney likes to say he won’t “apologize” for his success in business. But what he never says is “thank you” – to the American people – for the federal bailout of Bain […]
Having now read the Gawker articles summarizing some of the Bain documents leaked to Gawker and published there today, I’m speculating that the leaker of the documents is also Harry Reid’s source for Reid’s allegation that Romney paid no taxes for at least a decade, and that the leaker believes that the documents suggest either that Romney […]
During the Great Recession, when many hospitals across the country were nearly brought to their knees by growing numbers of uninsured patients, one hospital system not only survived — it thrived. In fact, profits at the health care industry giant HCA, which controls 163 hospitals from New Hampshire to California, have soared, far outpacing those of most […]
Rules requiring firms to restrict employment to their country of origin would be hideously inefficient if applied on a global basis, and they would be every bit as devastating to American employees of foreign firms as offshoring by American firms is to workers who lose their jobs here. (One might also ask where the borders […]
In a comment to my post yesterday titled “Romney’s VERY Private Equity,” which asked how Romney was able to metasticze his Bain-era IRA account to accumulate more than $100 million—Investment in Apple stock? In precious-metals funds? A quiet Louvre heist? I asked—reader Steve Hamlin wrote: Beverly, Re: Romney’s IRA contributions, there was a WSJ article […]
By now there’s been a lot of discussion in the media about the Vanity Fair and Associated Press exposés of Romney’s and his wife’s offshore bank accounts, to the limited extent that information about them is publicly available. Romney is now likening overseas bank accounts and shell/money-laundering corporations to investing in real overseas companies—as if […]
Seems the devil really isin the details. Or lack thereof. Or (in this case) both.
Matthew Yglesias channels … me! Yep, that’s right. And now that, as Yglesias discusses, Newark Mayor Cory Booker has given the Obama campaign permission to explain the differences between the various types of venture capital “models” (as Yglesias calls them), conceding that, yes, that may really be more relevant to the key issues in the […]
by Kenneth Thomas Another Romney/Bain Firm Got Subsidies (Then Closed a Plant) The Tampa Bay Times reports (via Jed Lewison) that another Bain-owned company, Dade Behring, was a recipient of $7.1 million in subsidies from Puerto Rico and the federal government the year before it laid off 300 workers there. A common problem with many […]