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napkinz

(17,199 posts)
Tue May 15, 2012, 06:50 PM May 2012

Democrats, is it not time we

Last edited Thu May 17, 2012, 02:43 PM - Edit history (2)

















































President Obama is casting Mitt Romney as a GREEDY, JOB KILLING corporate titan

WASHINGTON (AP) — President Barack Obama is casting Mitt Romney as a greedy, job-killing corporate titan with little concern for the working class in a new, multipronged effort that seeks to undermine the central rationale for his Republican rival's candidacy: his business credentials.

At the center of the push — the president's most forceful attempt yet to sully Romney before the November election — is a biting new TV ad released Monday that recounts through interviews with former workers the restructuring, and ultimate demise, of a Kansas City, Mo., steel mill under the Republican's private equity firm.

"They made as much money off of it as they could. And they closed it down," says Joe Soptic, a steelworker for 30 years. Jack Cobb, who also worked in the industry for three decades, adds: "It was like a vampire. They came in and sucked the life out of us."

http://news.yahoo.com/obama-seeks-undercut-romneys-record-jobs-061155752.html






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jenmito

(37,326 posts)
1. YES!! Message discipline. And we could also use our own Dem. Luntz to GIVE all Dems. the
Tue May 15, 2012, 06:58 PM
May 2012

"right words" to use to get the desired messages out for more than just this election.

napkinz

(17,199 posts)
2. somewhere in a parallel universe, we are on the offense
Wed May 16, 2012, 12:05 PM
May 2012

we may have goatees, but there we're still the good guys

(and in that universe, Al Gore won in 2000 and we didn't go into Iraq, and we have a surplus, and universal healthcare)



napkinz

(17,199 posts)
3. The Bain Way: Take millions in job creation tax subsidies, then turn around and lay off hundreds
Thu May 17, 2012, 10:46 AM
May 2012
The Bain Way: Take millions in job creation tax subsidies, then turn around and lay off hundreds







The Tampa Bay Times reports on yet another example of Mitt Romney's "heads I win, tails you lose" business model: Millions of dollars in tax subsidies given to Bain-owned Dade Behring for creating jobs in Puerto Rico ... after which the company shut down its Puerto Rico operations.

The company under Bain's leadership sought and received millions of dollars in tax breaks for creating jobs in Puerto Rico - shortly before closing it's facilities, costing nearly 300 jobs.

The company in 1997 received a $3-million federal tax break aimed to promoting job creation in Puerto Rico. It also received a $4.1-million tax exemption from Puerto Rick in 1997 in the name of job creation. Dade ceased its operations in Puerto Rico in the first quarter of 1998.

http://www.dailykos.com/story/2012/05/15/1091874/-The-Bain-Way-Take-millions-in-job-creation-tax-subsidies-then-turn-around-and-lay-off-hundreds?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29




napkinz

(17,199 posts)
4. I've tried TWICE to fix the subject line
Thu May 17, 2012, 02:47 PM
May 2012

It's supposed to read "Democrats, is it not time we 'Luntz' Mitt Romney?"

I don't know why it won't take. If anyone knows, please share with me.


(The subject line as it stands now leaves the reader clueless.)





jambo101

(797 posts)
6. Job destroyer
Fri May 18, 2012, 03:58 AM
May 2012

Romney is no doubt a job destroyer but that wont stop the right from voting for him and if on the off chance he does win the righties will just spin any job losses or any other shortcomings Romney will experience as some how Obamas fault.

napkinz

(17,199 posts)
7. A Brief History of Mitt Romney’s Record of Putting Profits Ahead of People as CEO of Bain Capital
Fri May 18, 2012, 11:56 AM
May 2012
A Brief History of Mitt Romney’s Record of Putting Profits Ahead of People as CEO of Bain Capital

What is Bain Capital? Co-founded by Mitt Romney in 1984, Bain Capital is a classic “strip and flip” shop — a private equity firm that made its money buying businesses and sucking profit out of them by any means possible that often resulted in a stack of pink slips for everyday Americans. As the New York Post reported, during his 15 years as head of Bain, Romney “made fortunes by bankrupting five profitable businesses that ended up firing thousands of workers."

Here’s how it often went down. Romney’s Bain would buy a company and increase its short-term earnings through firing workers and shuttering plants in order to borrow enormous amounts of money. The borrowed money was used to pay Bain dividends, however, those businesses needed to maintain that high level of earnings to pay their debts. When they couldn’t, that meant plant closures, more layoffs, bankruptcies, and in many cases, the end of the business. Yet these bankruptcies still meant huge profits for Bain’s investors. Furthermore, Bain continued to collect management fees even as companies failed.


http://www.romneygekko.com/mitt/











napkinz

(17,199 posts)
8. Romney's Bain made millions as S.C. steelmaker went bankrupt
Sat May 19, 2012, 07:36 PM
May 2012
Romney's Bain made millions as S.C. steelmaker went bankrupt

David Wren McClatchy Newspapers

MYRTLE BEACH, S.C. — Boston-based Bain Capital LLC more than doubled its money on GS Industries Inc. — the former parent company of Georgetown Steel — under Mitt Romney's leadership in the 1990s, even as the steel manufacturer went on to cut more than 1,750 jobs, shuttered a division that had been around for 100 years and eventually sank into bankruptcy.

By the time GS Industries filed for bankruptcy protection, the number of employees worldwide had been cut by more than half.

"It makes me sick," retired Kansas City steelworker Steve Morrow told the Los Angeles Times last month. Morrow told the newspaper that top managers continued to receive bonuses from Bain Capital even as bankruptcy neared, but not other employees.

Read more here: http://www.mcclatchydc.com/2012/01/14/135889/romneys-bain-made-millions-as.html




napkinz

(17,199 posts)
10. ‘Romney Is Known As A Job Destroyer, Not A Creator’
Sun May 20, 2012, 02:50 PM
May 2012
‘Romney Is Known As A Job Destroyer, Not A Creator’

by Josh Feldman | 2:20 pm, May 20th, 2012

Mitt Romney has been touting his private sector experience to help bolster his economic credentials by stating that he is a job creator. He recently released an ad claiming on his first day in office, he would take several steps to create new jobs. On today’s Meet the Press, CNBC’s Jim Cramer argued that while Romney might try to claim it, most people don’t see him as a job creator, rather, they view him as more of a “job destroyer.”

David Gregory asked Cramer if Romney will be able to get a sustained bump from the “job creator” claims. Cramer admitted that people may be receptive to some of what Romney has in his ads, but the simple truth to him is that Romney can’t accurately say he’s created jobs given the public perception of his time at Bain Capital.

“Romney’s known as a job destroyer, not a job creator. I just don’t think that this will stick. I think Bain sticks. I think the idea that you bring in Bain, which is what happened in the 80s, they fire a lot of people and that’s how they get prosperity for the rich. That is a more resonant theme, I think, than anything Romney’s come up with.”

http://www.mediaite.com/tv/jim-cramer-on-meet-the-press-romney-is-known-as-a-job-destroyer-not-a-creator/






napkinz

(17,199 posts)
11. Cory Booker obviously didn't read the BOOK!
Mon May 21, 2012, 05:20 PM
May 2012

The lessons are very clear, Cory.

First, the issue of Bain is relevant because Romney is basing his quest for the presidency on his record of job creation.

So President Obama has not just a right but a duty to examine Romney's record. And that's just what President Obama and his team are doing in those ads.

And the numbers say it all. Look at how many jobs were ELIMINATED during his tenure at Bain.

Romney is a job destroyer.

Learn it. Repeat it. Again and again.

Either we define Romney, or he defines himself.

If Americans think "job creator" when they hear the name Romney, then Obama --and we -- lose.

If Americans think "job destroyer" when they hear the name Romney, then Obama --and we --win.





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