Shots In The Dark
Tuesday, February 05, 2008
  Mitt is Melting
Here's a little piece I did on Mitt Romney for CNN.com.
 
Comments:
For someone who often casts a skeptical eye on Wall Street, you're dubbing of Romney as a great "businessman" is a tad misleading. He was a consultant. For Bain, one of the earliest, most ruthless, and for my money disreputable buyout firms out there. His "business" was this: buying public companies with leveraged money, stripping them of their assets to pay back the "investors" then taking them public again in an attempt to rip off the little guy. As anyone who actually has been in business will tell you, "consultants" like Bain are just sophisticated ripoff artists. This isn't just a semantic distinction. Having the President of the free world using a "Bain" model to run the economy is a recipe for disaster. You ought to be ashamed of yourself.
 
And for my part, while I appreciate your passion, I think you ought to be careful of substituting moral judgments for editorial ones.

Second, while your rhetoric is dramatic, it's lacking in evidence. It's easy to name specific companies that Romney has helped to build. I haven't seen any (and no, not even the one that Ted Kennedy made a big deal of) that he's gutted in the way you describe. A failure of the press? Maybe. But I await your examples. In the meantime, I will continue to suggest that Romney, about whom there is much that I dislike, is a successful businessman who has created more jobs than not, and who has also created more jobs than, well, you.
 
That's funny, I found some evidence pretty easily:

http://www.boston.com/news/nation/articles/2008/01/27/as_bain_slashed_jobs_romney_stayed_to_side/

(And yes, in the case of Staples, "he" added jobs; but in the case of many more examples, he and the other scum at Bain got rid of them.)
 
Happy to look at your link, but it doesn't work. Meantime, the intensity of your language suggests that this is not an issue you're likely to consider rationally.....
 
Dilbert said it best:

Con + insult = consult
 
I think the problem with the piece is it just regurgitates conventional wisdom. I would have preferred to see a little contrarian take on things.
 
Just google Romney and Bain. Boston.com 1/27/08
 
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Name: Richard Bradley
Location: New York, New York
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