Showing posts with label bain capital. Show all posts
Showing posts with label bain capital. Show all posts

Sunday, February 3, 2008

ALERT: McCain & Romney are NOT Friends of the Family...

friends,

with the election just 2 days away, along with equipping christians with a voter's guide (in the previous post) i also feel a need to clarify and show the contrast and differences of the other 2 candidates running for the gop nomination.

both john mccain and mitt romney are not 'family friendly'.

throughout mccain's political career, he has had more of a leaning towards the liberal. he does NOT support the marriage ammendment, but DOES SUPPORT embryonic stem cell research. additionally, he has issues regarding supporting president bush's tax cuts as well as, supporting the controversial immigration bill. the below clip, was produced by roegone.org.














in the clip below, mitt romney was asked about abortion and roe v. wade. the first question asked was if "abortion was murder", the 2nd question was regarding "overturning roe v. wade".

in his answers, romney was busy talking around and around, up and down... but in the end, "what did he really say?" he seemed to evasively talk in circles. at the end of the clip, a follow up question was asked, but romney quickly disregarded it, and said, "he wasn't going to go into all that.." watch the whole thing below, it runs about 3 minutes.












after watching that clip, my question to mitt romney is, "so are you against abortion and believe in the sactity of human life, or not?" it is a moral issue. if you allow each state to make up their own laws, that does NOT protect the sanctity of human life..."only in few states.." what is that??!!

i would venture to say, as americans further research mitt romney, and his positions, from the santity of human life to taxes to healthcare, they will ask themselves the same question, "what was that?" mitt romney lacks consistency and credibility.


beyond the sanctity of human life, mr. romney has recently been portraying himself to be the private sector, "mr. fix-it for washington." this also requires some research and fact checking.


below is an article from the new york times. in the article, romney's business; bain capital, is explained in greater detail. also, romney's business partner at bain capital explained mitt romney as follows:

“Mitt ran a private equity firm, not a cement company,” said Eric A. Kriss, a former Bain Capital partner. “He was not a businessman in the sense of running a company,” Mr. Kriss said, adding, “He was a great presenter, a great spokesman and a great salesman.”

Citing his business experience, he urges voters to reject “lifetime politicians” who “have never run a corner store, let alone the largest enterprise in the world.”

Mr. Romney, though, never ran a corner store or a traditional business. Instead, he excelled as a deal maker, a buyer and seller of companies, a master at the art of persuasion that he demonstrated in the talks that led to the forming of Bain Capital.

He made his money mainly through leveraged buyouts — essentially, mortgaging companies to take them over in the hope of reselling them at big profits in just a few years. It is a bare-knuckle form of investing that is in the spotlight because of the exploding profits of buyout giants like Bain, Blackstone and the Carlyle Group. In Washington, Congress is considering ending a legal quirk that lets fund managers escape much of the income tax on their earnings.

“The amounts of money are so vast that it is truly a matter of time before the taxation of private equity is front and center of the public agenda,” said James E. Post, a Boston University professor who teaches business-government relations. “Increasingly, this world of private equity looks like a world of robber barons, and Romney comes out of that world.

“The private equity business is a pretty good place to make a lot of money,” Mr. Weld added. “The market rewards people who show they can see value in a company quickly, adjust a few toggle switches and sell it again four or five years later. It is capitalism’s way of picking the fleas off the dog.”

Others complain that private equity fund managers like Mr. Romney pay only capital gains taxes instead of income taxes on their cuts of investors’ profits. At present tax rates, that means that they pay 15 percent instead of 35 percent on most of their earnings.

“When you look at the amount of money these guys are making,” said Victor Fleischer, a legal scholar who has consulted with the Senate Finance Committee about changing the law, “the effective tax rate is just sort of shocking to the conscience.”

the entire article can be found here.

essentially, folks...mitt romney is not a man who ran a business, managed it well, and became a billionaire. HE WAS A SALESMAN. HE MADE BIG MONEY BY LEVERAGE BUYOUTS. he took companies, tooled with them, (fancy phrase for laid off employees) and then resold them for a profit.

in another article from the boston globe, mitt romney was described by a former colleague who wished to remain anonymous, as 'clinical' in his approach to buying and selling businesses. often, at the cost of employees' jobs. it is a hardcore business, and it was all about the money. go here to read more about "as bain slashed jobs, romney stayed to side."

the more you learn about mitt romney, the LESS YOU TRUST HIM.

the bottom line is: VOTERS, YOU NEED TO DO YOUR RESEARCH. DO NOT DEPEND ON OR ALLOW THE MEDIA TO GUIDE YOU IN THIS PRESIDENTIAL ELECTION.


the above are just a few examples of issues for both mccain and romney. granted, no one candidate is perfect. however, prior to voting on tuesday, it is essential that voters fully research all the candidates. america needs a president that stands on a record of consistency. a man americans can trust. a man that can represent the best interests of the american people.

that being said, mike huckabee stands head and shoulders above the rest. governor huckabee WILL REPRESENT THE SOCIAL CONSERVATIVE and the american family trying to make ends meet, americans that still believe in the american dream...not just the corporate elite and their investors. WE CAN DEPEND ON MIKE HUCKABEE TO LEAD WITH CHARACTER AND INTEGRITY.


now, friends, with only 2 days away....GET THE VOTE OUT FOR MIKE!!!

for more information regarding mike huckabee on the issues, go here. this fact sheet can be printed and shared with churches, family, friends and neighbors.


let's go, troops!!!


and please don't forget to PRAY, PRAY PRAY!!!!



"truly my soul silently waits for God; from Him comes my salvation. He only is my rock and my salvation; He is my defense; i shall not be greatly moved." psalm 62:1-2

Friday, January 25, 2008

Romney: "Not a Washington Insider,"...But a "CORPORATE INSIDER"

gee, which is worse? take your pick. do we want a president that's a 'washington insider' and has played the political game for years, and is owned by the party? or do we want a president that has "worldwide personal financial ties and investments to corporate america and lobbyists," that in turn, manipulate the politics of america?

frankly, with the way the economy is going, i don't think it very wise for mitt romney to be touting his 'washington outsider, mr. fix-it from corporate america' line. talk about alienating the average american. do americans really want a billionaire to stand up there and tell us, "he knows what's going on in america, and he's going to fix it?"

in the last florida debate, mr. romney bragged that by using his own fortune to finance his campaign, he wouldn't be beholding to anybody. but in the same breath, he says he's raised more money than any other candidate. isn't that a contradiction?

on the contrary, by being so 'well connected' amongst the corporate elite, it would seem that mr. romney is more beholding to corporate america , simply as a result of his personal business dealings.

a recent article released by christian newswire, titled, "mitt romney-- be afraid, very afraid," has some very interesting information about romney and his personal and financial ties to corporate america.

MEDIA ADVISORY, Jan. 11 /Christian Newswire/ --
On December 12th, 2007, the very same day that Romney indicated his support of the Federal ENDA legislation, news of his investment company's buyout of Clear Channel Communications surfaced. Clear Channel owns Rush Limbaugh's and Sean Hannity's contracts, and is the largest conservative radio conglomerate in the country. It may be no small coincidence that conservative talk show hosts lambasted Christian Mike Huckabee as a liberal just mere hours before he took the Iowa Caucus.

Romney is no media novice. For years he has supported the Mormon media blitz of television and radio spots that have slowly brainwashed so many of us into believing that Mormons are Christians too. Today in the national political debate, to ask questions about the Mormon "jesus" is labeled religious bigotry- hate speech that must be silenced.

Romney is said to be worth at least a quarter of a billion dollars, and has given every indication that he intends to buy the presidency, sparing no expense. If voted into office, it would be the first time ever in American history that a president would control so much wealth, as well as so much of the media.

Christians in America need to begin asking questions.

Is it really the right thing for America to make a man as powerful and rich as Romney president?

Is America in the position to take such a risk at such a crucial moment in our history?

Are we really ready to turn our nation over to an untested man that has served only one term as governor of liberal Massachusetts?

Can Romney really be trusted when he says he is opposed to abortion, does not support gay marriage or civil unions, and is ready to solve our illegal immigration crisis, even as he's waffled on all these issues?

Are we really so naïve to think that a man of such vast wealth did not build his portfolio standing on the back of the working man?

Is it really wise to vote for a man when in our gut we know for certain that something just isn't right about him?

Rev. C.J. Conner is the author of Jesus and the Culture Wars: Reclaiming the Lord's Prayer.
(emphasis: mine)
link can be found here.

when investigated, romney's wealth and financial ties to media and corporate america are staggering. for a more exhaustive and detailed list of romney's financial ties, go here. this is an eye opening and interesting read.

aside from the issues of mitt romney's ongoing flip-flopping on issues, and his use of semantics when caught in his own web of distortions...mitt romney represents corporate america. those in places of power, or those aspiring to be in places of power, can clearly see the benefits of a romney presidency. where there is money, there is power. where there is money and power...there is corruption. whether it be in the halls of the senate in washington d.c., or behind closed doors in the conference rooms off k street, it's all the same power game. and americans are sick of it.

it's time, christians....to take a stand. this past week, a local florida pastor had a fantastic perspective and exhortation to christians and the church:

Longworth laments, "for far too long, Christians stood idly and allowed our nation to slip into moral depravity. We stood by while creationism was replaced with Darwinism. We stood by while the Bible, prayer, and the Ten Commandments were removed from schools. We stood by while men, women, and children engaged in vile sexual perversion. We stood by while over 50,000,000 preborn children have been slaughtered by abortion. We stood by while Massachusetts under Gov. Romney allowed same sex marriage. We stood by while the Ten Commandments were removed from public places. Edmond Burke said, 'All that is necessary for the triumph of evil is for good men to do nothing.' We will stand by no longer. It is time for the church to stop playing church, and start being the church!"
(emphasis: mine)
entire article here.

christians, it is time...... it is time to say, "NO!" to washington insiders AND corporate insiders...it is time to take our country back to the basics upon which it was founded. it is time for our president be a man of the people and for the people. it is time, that our president be a man that realizes his need for God, and His need for wisdom and guidance from God, in leading our nation.

friends, think and pray about what God would have you to do....

"if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land." 2 chronicles 7:14