Wednesday, October 17, 2012

the perfect frontman for wall street's greed revolution


excellent article by matt taibbi for rollingstone magazine:
Everyone knows that he is fantastically rich, having scored great success, the legend goes, as a "turnaround specialist," a shrewd financial operator who revived moribund companies as a high-priced consultant for a storied Wall Street private equity firm. But what most voters don't know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America's top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth.
after reading the piece one wonders the obvious: why would romney, the presidential candidate & role model for the country, fight for loopholes for the rich while having shelters in switzerland, bermuda, caiman & luxembourg? the answer is as deplorable as it is scary: because he can.

12 comments:

aslan lamarche said...

I agree 100%. Romney has to be one of the most dishonest politicians, not only in American politics but also on the global platform. His careless slurs against the Palestinian people, unfounded accusations against Iran, and his irrational verbal assaults on the working and middle classes have shown the world of the what is to come if he is to be elected. Though I am no fan of American politics, and also very critical of Obama, Romney will bring certain policies, such as increasing military( or maintaining the current budget), cut public spending, decreasing taxes further on the wealthiest will have devastating affects at home and abroad( not that they pay taxes anyway).

Recently, I have been keeping my eye on how Europe is handling their economic blues. Greece and Italy are on the verge of becoming failed states along with their eastern European neighbors/pals, and Spain is currently experiencing nation wide protests against education cuts. Similar situations can spark here in the US if meaningless conflicts, corporate parasitism, and more political despots continue to run the country( which quite frankly includes the Obama squad).

The US is stuck between a rock and a hard, stuck between a man who will never stand trail for extrajudicial punishment on an American citizen( Anwar Al Alwaki) and responsible for breaking international law plenty of times(attacking sovereign nations, Pakistan,Yemen...etc) and a former corporate parasite.

And the Nobel Peace prize goes to...

Anonymous said...

Aslan your insane....Obama is here to protect us, he is our friend. President Obama does is wrong but nobody is perfect, he is fighting for womens rights and gay rights. He is fighting for the people, he is constantly trying to vote to continue helping this country follow his conservative ideology. Better to have Obama in power for four more years than have Romney. I want to be able to graduate so don't vote for to vote someone into power, vote to keep your rights and school loans as good as they currently are. Romney wants to destroy school loans, he wants to close the door on the poor but Obama is our friend and he protect me and you everyday.

Feminista said...

Aslan vote for Obama now and in four years Hillary will fix our economy. Hillary 2016

atRifF said...

well, at least aslan is pointing to differences, my point was that these are two different men. we can discuss these other issues of foreign policy and how it pertains to the category known as "national interests" though there's a clear difference between obama's foreign policies and his predecessor's.

Feminista said...

Like I said before Obama is our friend, he is standing up for women equality and gay rights to marry. The mistake would not have happend if Hillary was president, and Sarah Palin was vice president.

Anonymous said...

Feminista: i sort of get your "mistake" bait. by the way, there's another feminista who visits mb. hope she has something to say about the topic.

a curious reader

aslan lamarche said...

accusation #1: Calling me "insane" does not legitimize your argument nor your point.

accusation #2: I never said not to vote, or that I, myself will not vote. I simply stated that Americans are stuck between a rock and a hard place and that I personally do not like either politicians.

Also, though I agree with certain points you may have made, it still does not legitimize Obama's extrajudicial execution or his foreign policies.

I would also refrain from saying if another politician was in another politician's position, things would be different for the obvious point that we do not have tangible evidence to make such inferences even as desirable the politician may be( this is regarding Hillary winning the presidential nomination).

Lastly, I agree with Prof. Triff. There is a clear distinction in foreign policies between the two. However, one has habitually broken international law with impunity and the other(Romney), if elected would further degrade the world into chaos. Now let's be clear, I am NOT saying not to vote, or to vote.I'm merely making statements that would never touch the corporate media headlines, therefore making it necessary to address here.

I apologize in advance if I may have offended anyone here or on my previous posts.

Anonymous said...

@Feminista

Would you please give me reasons why Hillary Clinton and Sarah Palin should run together for president/vice-president?

@aslan

Your post makes a lot of sense and actually I do feel the same way. The reason I choose Obama over Romney is because he seems a more honest.

you should give this video a try.

http://www.youtube.com/watch?v=bTbLslkIR2k&feature=plcp

Mitt Romney said...

Good evening my fellow Americans your future President Mitt Romney typing, I just wanted to tell you middle class Americans to vote me into office, I plan on lowing taxes on the rich because they pay more taxes than any American. I plan on raising taxes on low income americans to help better balance our economy. I want to be able to fix our health care system by eliminating Obama care and medicare. Insurance should be for those who can afford it. Social security needs to become better by eliminating it. I am not going to destroy education but nobody should be entitled to it. No more student loans will fix our economy. Vote for me this election and I promise that I will fix your economic problem by giving you better options to join the military. We need to disarm Iran, those people are causing terrorism against my business partners. I also want to help our economy but putting more government spending on the military. I don't think we need to spend our vote on Osama, I mean Nobama. Women I will put you in a special folder where you deserve to be. Women who believe they have rights, that is ludacris. Vote for me this election and you America will not regret it.

atRifF said...

it seems we've got a comment from R himself (well, even if one in his campaign. they read mbourbaki).

Chandlerxbxq said...

Aslan vote for Obama now and in four years Hillary will fix our economy. Hillary 2016

Anonymous said...

buy ativan lorazepam online-apotheke - ativan zyrtec