"Off a gritty bend in the Miami River, a few miles from a warehouse where he recently touted his job-creation plans, there's a complex of buildings that bear witness to a time when Mitt Romney's private equity firm laid off hundreds of workers, shuttered a profitable factory and made out with hundreds of millions of dollars.
It started in 1995, when Romney's Bain Capital targeted the company that became Dade Behring, which made blood-testing machines and performed animal research at its Miami campus.
Bain borrowed heavily to buy the company and closed a factory in Puerto Rico to improve the bottom line. About 400 lost jobs there. Then in 1997, Bain shuttered Dade Behring's Miami operations, costing another 850 jobs and a $30 million payroll in the community.
Something the Dog Said wrote: Under 5 USC 101 (Ethics in Government)
2. An individual whom the President or the President-elect has publicly announced he intends to nominate to a position may file the report required by paragraph (1) at any time after that public announcement, but not later than is required under the first sentence of such paragraph.
Under 5 USC 104(2)
(A) It shall be unlawful for any person to knowingly and willfully—
(i) falsify any information that such person is required to report under section 102; and
(ii) fail to file or report any information that such person is required to report under section 102.
( Any person who—
(i) violates subparagraph (A)(i) shall be fined under title 18, United States Code, imprisoned for not more than 1 year, or both; and
(ii) violates subparagraph (A)(ii) shall be fined under title 18, United States Code.
So the Mittster could be in big trouble if he lied on his financial report. And what did he state on that report:
"10. Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake [Olympics] Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way."
Yet we have seen document after document dated 1999 - 2002 where Romney was listed as the CEO, Chairman of the Board, President and Managing Director of Bain Capital. He even listed a salary of $100,000 for 1999, 2000 as CEO of Bain Capital. Yet he lies on his statement saying that he had no involvement in the operations of the company.
I believe there is more than enough evidence to support the possibility that Mitt committed a felony.
Tell ya what doggy, I'll never post on this forum again if Romney is ever charged with any of the bullshit you are so worked up about. If he's not charged by election day, you can't post for a month. fair?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Something the Dog Said wrote: Why would I care if you post in this forum? My life is not so trivial. Post as often as you like, as much as you like. This is America, speak out.
Just a friendly bet. You seem so sure of yourself, but you are mostly alone as even those in the left media have given up on the faux outrage.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Something the Dog Said wrote: So here is an example of Mitt's "leadership".
"Off a gritty bend in the Miami River, a few miles from a warehouse where he recently touted his job-creation plans, there's a complex of buildings that bear witness to a time when Mitt Romney's private equity firm laid off hundreds of workers, shuttered a profitable factory and made out with hundreds of millions of dollars.
It started in 1995, when Romney's Bain Capital targeted the company that became Dade Behring, which made blood-testing machines and performed animal research at its Miami campus.
Bain borrowed heavily to buy the company and closed a factory in Puerto Rico to improve the bottom line. About 400 lost jobs there. Then in 1997, Bain shuttered Dade Behring's Miami operations, costing another 850 jobs and a $30 million payroll in the community.
So 1250 individuals lost their jobs while Mitt's company pocketed $242 million, an 800% return on their investment. Good for him, bad for America.
But there is even more,
Mitt received millions in tax incentives to create jobs at Dade Behring, but then turned around and laid off 300 employees instead.
Nice job Mitt, taking taxpayer money to create jobs but laying individuals off instead.
Talk about calling the kettle black, You want to talk leadership(serious lack thereof), lets talk about the current president wannabe that never was. No leadership, lots of tearing down the constitution, not getting his way so doing excutive orders, bowing down to other countries, not keeping his promises to the American people, taking credit for others doings, so go look in the mirror, you like to throw words around about Romney but he is not the President yet, Obama is. You need to deal with what is here and now before you worry about what will be.
navycpo7 wrote:
You need to deal with what is here and now before you worry about what will be.
I'm not sure I understand that statement Navy......at least in regards to the upcoming election. Why should I not worry about Mitt Romney becoming President? I know we don't agree on who would be the better bet as president, but please don't tell me not to worry about someone becoming president that I think would be very harmful to this country.
Something the Dog Said wrote: So here is an example of Mitt's "leadership".
"Off a gritty bend in the Miami River, a few miles from a warehouse where he recently touted his job-creation plans, there's a complex of buildings that bear witness to a time when Mitt Romney's private equity firm laid off hundreds of workers, shuttered a profitable factory and made out with hundreds of millions of dollars.
It started in 1995, when Romney's Bain Capital targeted the company that became Dade Behring, which made blood-testing machines and performed animal research at its Miami campus.
Bain borrowed heavily to buy the company and closed a factory in Puerto Rico to improve the bottom line. About 400 lost jobs there. Then in 1997, Bain shuttered Dade Behring's Miami operations, costing another 850 jobs and a $30 million payroll in the community.
So 1250 individuals lost their jobs while Mitt's company pocketed $242 million, an 800% return on their investment. Good for him, bad for America.
But there is even more,
Mitt received millions in tax incentives to create jobs at Dade Behring, but then turned around and laid off 300 employees instead.
Nice job Mitt, taking taxpayer money to create jobs but laying individuals off instead.
Talk about calling the kettle black, You want to talk leadership(serious lack thereof), lets talk about the current president wannabe that never was. No leadership, lots of tearing down the constitution, not getting his way so doing excutive orders, bowing down to other countries, not keeping his promises to the American people, taking credit for others doings, so go look in the mirror, you like to throw words around about Romney but he is not the President yet, Obama is. You need to deal with what is here and now before you worry about what will be.
archer wrote:
navycpo7 wrote:
You need to deal with what is here and now before you worry about what will be.
I'm not sure I understand that statement Navy......at least in regards to the upcoming election. Why should I not worry about Mitt Romney becoming President? I know we don't agree on who would be the better bet as president, but please don't tell me not to worry about someone becoming president that I think would be very harmful to this country.
And yet Archer you manage to overlook the rest of navy's statement. What about Obuma's lack of leadership, etc.
IN NOVEMBER 2014, WE HAVE A GOLDEN OPPORTUNITY TO CLEAN OUT THE ENTIRE HOUSE AND ONE-THIRD OF THE SENATE! DONT BLOW IT!
“When white man find land, Indians running it, no taxes, no debt, plenty buffalo, plenty beaver, clean water. Women did all the work, Medicine man free. Indian man spend all day hunting and fishing; all night having sex. Only whit man dumb enough to think he could improve system like that.” Indian Chief Two Eagles
Something the Dog Said wrote: So here is an example of Mitt's "leadership".
"Off a gritty bend in the Miami River, a few miles from a warehouse where he recently touted his job-creation plans, there's a complex of buildings that bear witness to a time when Mitt Romney's private equity firm laid off hundreds of workers, shuttered a profitable factory and made out with hundreds of millions of dollars.
It started in 1995, when Romney's Bain Capital targeted the company that became Dade Behring, which made blood-testing machines and performed animal research at its Miami campus.
Bain borrowed heavily to buy the company and closed a factory in Puerto Rico to improve the bottom line. About 400 lost jobs there. Then in 1997, Bain shuttered Dade Behring's Miami operations, costing another 850 jobs and a $30 million payroll in the community.
So 1250 individuals lost their jobs while Mitt's company pocketed $242 million, an 800% return on their investment. Good for him, bad for America.
But there is even more,
Mitt received millions in tax incentives to create jobs at Dade Behring, but then turned around and laid off 300 employees instead.
Nice job Mitt, taking taxpayer money to create jobs but laying individuals off instead.
Not much background in finance huh? He took the assets out of a company that was no longer paying its way and re-invested it in companies that do work.
Liberals just have this idea that Mitt Romney is Scrooge McDuck diving into a swimming pool of gold coins, but that money is being invested in companies that are growing or new ideas than need startup capital.
Silicon Valley couldn't have started unless the the owners of buggy whip companies had shut down and invested their assets in new technology.
Or do you prefer the French model of business where the Feds subsidize the buggy whip plant and saves those jobs to produce items that aren't wanted or made economically?
Thomas Sowell: There are no solutions, just trade-offs.
Any person who—
