Here in Illinois we've seen Mitt Romney's One Point Plan in action. In Freeport, Illinois Sensata Technologies has slashed the jobs of American Workers and sold them to China. At this very moment the Factory in Freeport, Illinois is being Dismantled and the equipment is being shipped to China.
Come November 170 Americans will be out of a job at Sensata Technologies as they train their Chinese counterparts to do their work. The workers have set up a Romney Shanty Town across from the plant calling Bainport.
This is the Romney Bain Capital Model. Outsource American jobs to a country which will pay slave wages so the extra money can be funneled to Cayman Island Bank Accounts.
This is what Romney has always done as a Corporate Jackal. This is what President Romney will fast track for his Vulture Capitalist brethern. Romney is engaged in the Greatest Con Game in History designed to get Middle Class America to fasten the chains of Wage Slavery and Serfdom upon themselves as they vote away their Birthrights and Benefits.
Mr. President have you looked at your pension? Have you looked at your pension? Have you looked at your pension? Mitt Romney tries to bully Barack Obama to distract from the fact that Mitt has hidden over One Billion Dollars in Off-shore Bank accounts in Switzerland, Luxembourg, the Cayman Islands AND CHINA.
It may be typical of the pro-Obama Dungeons & Dragons crowd to disparage a fellow countryman's memory of war from the comfort of mom's basement.
Showing posts with label bain capital. Show all posts
Showing posts with label bain capital. Show all posts
Tuesday, October 16, 2012
Tuesday, July 31, 2012
Caterpillar Inc, Bain Capital, Banks, LIBOR and Mitt Romney: How Capitalism is just the new name for Imperalism
Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Abraham LincolnMitt Romney wants to replace Presdient Obama as well as Abraham Lincoln, whose bust he wishes to remove from the Oval Office as a nod & a wink to his "Special Relationship" to the "Anglo-Saxon Heritage". What Mitt has been doing his entire life, through off-shoring and out-sourcing American Jobs and dismantling American Companies is to make Capital superior to Labor.
Caterpillar Inc. announced record-smashing quarterly earnings Wednesday, trouncing 2011 figures and previous projections by market analysts, even as a strike at its Joliet plant is nearing the three-month mark.That sure is great but while Caterpillar is posting back-to-back-to-back-to-back record quarterly profits they are working to lower the wages and pensions of their workers. Why isn't Caterpillar's CEO compensation and worker's salaries tied together?
The industrial manufacturing giant posted sales and revenues of $17.37 billion – a 22 percent increase over the previous year – including a quarterly profit of nearly $1.7 billion. The company also raised its profit outlook to $9.60 per share.
Why would Caterpillar Inc. be focused on freezing workers pay and pensions? Because Capitalists see high labor prices as an unnecessary evil. Why pay American workers high salaries when with the help of Republican Party and Pro-Business Democrats you can off-shore jobs to slave wage nations and (via Mitt Romney's proposed plan) repatriate overseas profits as tax breaks.
In 2004, the Swiss Banking Giant UBS began approaching affluent Americans (in Banking terms affluent means net worth of $50 Million plus) with the idea of setting up dummy off-shore Corporations. By early 2009 at least 52,000 Americans had hid at least $20 Billion in those off-shore tax havens. UBS paid the IRS a $780 million fine for aiding these Rich Criminals in defrauding tax payments.
But, as Senator Jon Kyl pointed out those Rich Criminals are just better than you,
"President Barack Obama should stop talking about the middle class because it turns people against rich Americans, who should be embraced as the Michael Jordans of the U.S. economy," Senator Jon Kyl (R-Ariz.)As the right-wing universe spearheaded by Faux News tries to rebrand Mitt Romney's time at Bain Capital we see the old ploy of relabelling of concepts which Humanity correctly considers odious into fresh new terms. Hence the word Imperalism is no longer used by Imperalists, what they talk about today is Free Market Capitalism.
"Here's Jordan for three... Yes!!! Did you see that look? Michael, he can't believe it." - Marv Albert recalls Michael Jordan's retroactive shrug following his invocation by Senator Not Intended to be a Factual Statement Kyl.
Free Market Capitalism and what Mitt Romney did at Bain Capital is nothing more than the new name for an old idea. Which is too steal labor, resources and lives of 99% of the world to enrich a very small cadre of Plutocrats, or Class Warfare.
Mitt Romney did the same thing as a "Venture" Capitalist. Buying up companies, loading them with debt to inflate their worth and selling them off to make a profit. Mitt did not invent the practice nor is he the worst example of it. But, his legacy of sending American Jobs overseas is alive and well at Bain Capital.
Sensata is owned by Bain Capital, the private equity investment firm that the Republican presidential candidate once led and that has been the subject of a campaign debate about jobs and outsourcing. Romney had long since left his leadership position at Bain when Sensata bought the plant in 2010, but the Freeport City Council recently passed a unanimous 8-0 resolution calling on him to come visit and help keep the jobs in town. The workers have written him directly.And even while Mitt Romney, boating enthusiast, laughingly jets around Lake Winnipesaukee he ignores the pleas of the victims of his evil crimes.
And this doesn't even go into the giant LIBOR manipulation scandal of Barclay's and dozens of British and American banks. Or the evil, corrupt Bankers at HSBC who while gouging every decent hard-working person who might be late on a payment was busy laundering millions of dollars from Mexican Drug Cartels, FARC guerrillas and Al Qaida Terrorists. Barclay's LIBOR rate rigging is nothing new.
Imperialists have always sought new methods and tools to extract the wealth from the poor and transfer it to themselves. It's all legerdemain. A shell game designed to Steal.
But, when dealing with Theft of this magnitude. Theft of Generations. Theft of Lives. Theft of the Wealth of Nations. You can't call it what it is.
Friday, July 27, 2012
Saint Ronnie Raygun and the annoiting of the new Right-Wing Messiah Mitt Romney (Updated: #RomneyShambles)
News of Darrell Issa's push to name America's coastal waterways after Ronald Reagan, H.R. 6147, the Ronald Wilson Reagan Exclusive Economic Zone of the United States I thought of a more appropriate memorial names. How about:
I mentioned and expounded briefly on Reagan's history of deregulation and Voodoo Economics and his wishy-washy tough guy (Invade Grenada Leave Lebanon) talk but, that I did agree with President Reagan on eliminating Nuclear Weapons.
But, that's the Beauty of the Reagan Deification. His words and actual policies no longer matter to Right-Wingers. They have created a Saint, an Idol for Conservatives to revere, when all a candidate has to do is utter, Ronald Reagan and look whistfully upwards and the duped conservatives wildly cheer...
Over at National Review Online, the Beautification of Mitt Romney has begun as he literally walks across Lake Winnipesaukee and will figuratively walk across the Chesapeake Bay and the Potomac to the White House to cleanse the US of it's Kenyan Marxist sins.
The funny thing is even the snippets pulled reveal the hidden Chicken Hawk Plutocrat Vulture Capitalist Welfare Queen Coward. As Romney "saved" his fellow vacationing lake home yachters who weren't in danger, saved the 2002 Salt Lake City Olympics by getting $1.5 Billion in Tax payer welfare from the Federal Government and had no problem "fighting" in France in the late 1960's instead of fighting in French-Indochina.
Funny how the article doesn't mention his time at Bain Capital or Mitt Romney's "Let Detroit Go Bankrupt" supposed saving of the Auto Industry, but then just like with Saint Reagan, Mitt Romney's actual record doesn't matter it's all about selling Romney as the Right-Wing Savior.
Update:
#RomneyShambles! Wow, Mitt Romney has just crushed it. The Twitter Quips show how ridiculous Romney is, And the Gaffe Heard Round the World was the start of Romney's Presidental Defeat! A few of best tweets:
Mitt Romney retroactively cancels visit to London. - DCPlod
America- please take Mitt Romney back. Or do we have to declare independence and dump him in the habour first? - InkMoth
Is Mitt Romney basing his trip on National Lampoon's European Vacation? Has he met Eric Idle yet? - GaiPajama
The Ronald Reagan Terrorist Appeasing Iran-Contra Arms Deals Economic Zone of the United States? OrWhen Reagan passed away in 2004, a fellow Marine, with whom I was friends, asked me my recollections of Reagan, stating he was too young to remember policy and the like, and only recalled Reagan as being a steady-hand on the rudder President.
The Ronald Reagan Cut-and-Run Abandoner of Marines stationed in Lebanon Economic Zone of the United States? Or
The Ronald Reagan Chicken Hawk Coward Economic Zone of the United States? Or
The Ronald Reagan Weakening America by Disarming our Nuclear Weapons because He can't See Russia From his House Economic Zone of the United States? Or
The Ronald Reagan Quadrupled the Deficit and Raised Taxes 11 Times Economic Zone of the United States? Or
The Ronald Reagan Steak Eating Young Buck, Cadillac Driving Welfare Queen Economic Zone of the United States? Or
The Ronald Reagan Piss Down Your Back and Tell you It's Raining Prosperity Economic Zone of the United States?
I mentioned and expounded briefly on Reagan's history of deregulation and Voodoo Economics and his wishy-washy tough guy (Invade Grenada Leave Lebanon) talk but, that I did agree with President Reagan on eliminating Nuclear Weapons.
"One of the most important contributions we can make is, of course, to lower the level of all arms, and particularly nuclear arms." ~ Ronald Reagan, 03/23/83.Now, of course, when President Obama took up the policy of eliminating Nuclear Weapons, Faux News, Sarah Palin and every Right-wing hag and blowhard attacked him for "coddling our enemies".
And "[M]aybe I should go see Andropov and propose eliminating all nuclear weapons" and "[M]y dream is to see the day when nuclear weapons will be banished from the face of the Earth".
But, that's the Beauty of the Reagan Deification. His words and actual policies no longer matter to Right-Wingers. They have created a Saint, an Idol for Conservatives to revere, when all a candidate has to do is utter, Ronald Reagan and look whistfully upwards and the duped conservatives wildly cheer...
Over at National Review Online, the Beautification of Mitt Romney has begun as he literally walks across Lake Winnipesaukee and will figuratively walk across the Chesapeake Bay and the Potomac to the White House to cleanse the US of it's Kenyan Marxist sins.
The funny thing is even the snippets pulled reveal the hidden Chicken Hawk Plutocrat Vulture Capitalist Welfare Queen Coward. As Romney "saved" his fellow vacationing lake home yachters who weren't in danger, saved the 2002 Salt Lake City Olympics by getting $1.5 Billion in Tax payer welfare from the Federal Government and had no problem "fighting" in France in the late 1960's instead of fighting in French-Indochina.
Funny how the article doesn't mention his time at Bain Capital or Mitt Romney's "Let Detroit Go Bankrupt" supposed saving of the Auto Industry, but then just like with Saint Reagan, Mitt Romney's actual record doesn't matter it's all about selling Romney as the Right-Wing Savior.
Update:
#RomneyShambles! Wow, Mitt Romney has just crushed it. The Twitter Quips show how ridiculous Romney is, And the Gaffe Heard Round the World was the start of Romney's Presidental Defeat! A few of best tweets:
Mitt Romney retroactively cancels visit to London. - DCPlod
America- please take Mitt Romney back. Or do we have to declare independence and dump him in the habour first? - InkMoth
Is Mitt Romney basing his trip on National Lampoon's European Vacation? Has he met Eric Idle yet? - GaiPajama
Monday, July 16, 2012
The Evil Crimes of Mitt Romney, Bain of America, are they hidden in his Tax Returns?
“The Romney types, of course, are the ones who sign the front of the paycheck, and the Obama types are the ones who have spent their entire lives signing the back of them.” - the odious Michelle Malkin correctly points out that Barack Obama seeks to represent 99% of America while Romney has no such illusions.Bain Capital was an aptly chosen name for Mitt Romney's Vulture Capitalist Firm of miscreants and job destroying anti-American scum bags.
Mitt Romney doesn't want to talk about his past crimes. Romney won't release his previous years tax records because they will indicate all manner of crimes.
And despite the claims Mitt Romney "retroactively retired" from Bain during it's worst years of Offshoring and Outsourcing, Mitt was in charge and was the architect of the worst of the Bane Capital Business model of making money by squeezing blood from Americans.
Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”During the Republican Recession, Mitt Romney profited off of the misery conservative policies caused the American people. With his huge proliferation of off-shore Bank Accounts in the Cayman Islands, Luxembourg and Switzerland I wonder if Romney was one of the 52,000 Americans the Bush/Cheney Administration helped move Billions of American Tax Payer Dollars into secret UBS bank accounts.
Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.
So besides showing Romney, most likely, funnelled millions of dollars to his multiple foreign bank accounts his tax returns will also highlight that Romney made his money by destroying American companies and firing American workers.
Proving once again that under President Bush we had years of wage stagnation and wealth accumulation amongst the richest Americans just the way the Koch Brothers and the 1% want.
But, additionally Romney's hidden tax returns, while showing a callous disregard for America will also show a rank contempt for the Law.
His returns will probably show Romney committed Voter Fraud by continuing to vote in Massachusetts while claiming residency in another state. In 2010, Mitt Romney was supposedly living in his son’s unfinished basement in Belmont, Massachusetts.
At the time Mitt owned a $12.5 million home in La Jolla, Calif. and a $10 million home in New Hampshire’s Lake Winnipesaukee – but no home in the state he was once governor.
So, why was Mitt living in Tagg Romney's basement? Could it be Tagg's marriage is a sham and the woman living there was the (2nd? 3rd?) young wife of Mitt Romney? Ewww, that's just too gross and sleazy to consider...
I'm not a conservative smear merchant there's no need to concoct libels about Mitt Romney when his disgusting past of bullying, warmongering, chicken hawk, vulture capitalism should be enough to dissuade anyone for voting for him.
The sad fact is Mitt is the child of unearned wealth and white privilege. Mitt's father, George Romney, started the trend of releasing tax returns, which his chicken shit son refuses to do, and in almost every way was a far superior man than his spoiled, cowardly, bully of a son, who has only prospered because of the vast wealth and undeserved affirmative action for rich white people which he inherited. And in contrast President Obama has surpassed his father and risen and succeeded on the merits of his ability and determination.
Updated:
Mitt Romney cowardly attacked Teresa Heinz-Kerry pouting that she didn't release her tax returns to Fox and Friends this morning. As is their wont Republicans always attack women. But, wow, Mitt is a sniveling little cry-baby.
But, the continued discussion about Mitt's secret financial past shows Conservatives are freaking out. There is obviously something incredibly damning in these returns that Romney is adamant he won't release them.
“The cost of not releasing the returns are clear,” said conservative columnist George Will, on ABC’s “This Week.” “Therefore, he must have calculated that there are higher costs in releasing them.”Related:
On the ABC roundtable, Republican strategist Matthew Dowd had a similar take.
“There’s obviously something there, because if there was nothing there, he would say, ‘Have at it,’” Dowd said. “So there’s obviously something there that compromises what he said in the past about something.”
U and Us? UBS or Just BS?
Where in the World are Mitt Romney's Millions?
Tuesday, March 20, 2012
R. Limbaugh can't get it Up anymore
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Mitt Romney's Cave-Troll |
Before laughing at the bloated turd, what is disgustingly obvious is R. Limpballs clearly gets off on insulting women and then having everyone talk about him insulting women. It's apparently the only way he can feel manly.
He's scum and he's been an impotent bag of smushed fat for decades.
His commentary, since his attacks on Sandra Fluke, clearly show he hates strong women and that he is unburdened by conscience, as he's attacked and lied about children, traumatized soldiers, and epilepsy suffers throughout his career.
But, Limpballs has a special hatred for individualism and strong women. Limbaugh's world is one which seeks to abuse, browbeat, diminsh and subjugate strong independent women. Limpballs doesn't want individuals he wants "ditto heads".
And everytime Limpballs would use his broadcast empire to lob some vile insult at a child he got satisfaction upon hearing his "ditto heads" and right-wing bloggers rush to his defense.
Degrading women and those weaker than he and having his asshole listeners defend him provided Limpballs the only thrill powerful enough to excite his desiccated "man-hood". Limpy is no longer quickened by oxycontin or by rubbing himself on 10-year old Dominican Boys.
Of course, the key important revelation in all of this, is that R. Limbaugh is owned and paid for by Mitt Romney,
Of course, by now most everyone is aware that Bain Capital - where Romney made hundreds of millions of dollars and from which he still receives millions - is co-owner of the company, Clear Channel, that pays Limbaugh his reported salary of $400 million dollars over eight years. Limbaugh even acknowledged this on his program, according to the conservative website "Daily Caller":The unthinking nature of his ditto heads, as they Stand with Rush, means he's going to keep his listeners. But, we have a chance to make the Westboro Baptist Hate Church the only type who would advertise on his vile show. And when Bain Capital sees that no money is flowing into their Vulture coffers as they shell out $50 million to Limpy... He's vulnerable, "my friends"...
"I guess it's time for some full disclosure here," Limbaugh said Tuesday. "Bain Capital is one of - how do I phrase this? My former syndication partner was Clear Channel Communications. Clear Channel Communications was taken over, bought out by Bain Capital and another private equity firm."
In the same article, "The Daily Caller" also noted that "Limbaugh disclosed his ties to Bain before defending Romney against the attacks coming from former House Speaker Newt Gingrich."
The website "Celebrity Networth" writes that "Rush broadcasts his show from a $26 million ocean front home in West Palm Beach, which has 7 bedrooms, 12 bathrooms and an elevator. He also owns a penthouse condo on Fifth Avenue in Manhattan." The site estimates Limbaugh's net worth at $300 million.
Quite the cozy 1 percent relationship between Romney and Limbaugh, isn't it?
Quotations from "Game Change" can be found on page 284 of the hardcover edition.
Maybe, just maybe we can squash this giant noisome turd. And while it's disgusting to be coated in his shit we need to keep the pressure on. Ask your local radio stations why they carry this bloated parasite. Tell the Pentagon to stop supporting this welfare queen on our Government owned AFRTS. Continue to send tweets, emails, and on-line petitions to any company which affiliates with Limbaugh. We can Flush Rush and maybe Limpballs will have the courtesy to go full Breitbart on us.
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