I just watched the full 28 minute documentary on Mitt Romney’s shenanigans at Bain Capital—the one put out by Newt Gingrich’s wealthy friends.
It’s emotionally manipulative, but, I must admit, it’s extremely damning—really devastating. Vulture capitalism indeed seems to be a fair way to characterize Bain Capital’s money-making strategy when Mitt Romney was there. Romney’s behavior at Bain was something more akin to that of Tony Soprano than of Ayn Rand’s Howard Roark. He was a wrecker, not a builder; an asset deconstructing termite. To put it mildly, it’s one helluva way to make money.
Romney definitely has the killer instinct. Nietzsche and Darwin both come to mind (creative destruction; survival of the fittest). It takes a good degree of indifference and harshness toward middle class Americans to do what he did.
Here’s the documentary.
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UPDATE: You can also watch a high quality version here.
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I can only respond in one way:
Andrew,
I like the video—I’d never seen this. Both sides make good arguments, don’t they?
—Santi
Among the cluster of Republican hopefuls, who isn’t a card-carrying member of cooperate America or not nesting in its back pockets? Maybe Ron Paul to some lesser degree, but his economic solutions are too radical to give him a realistic chance at the nomination. This is not a vindication of Romney, nor an affirmation of the Democrats who carry the same malaise, just not quite as blatantly. I do think, however, that the general failure of the republicans to support increased taxation of the rich is going to hand them a serious beating come November. Good riddance! The numbers of people that show up for the occupy Wall Street demonstrations are but a small fraction of those of identical sentiment who will be showing up on voting day.
Longtooth,
I hope you’re right.
—Santi