Romney the debt maker

It would be a very different world if you or I could borrow money, put a big chunk of what we borrowed in an bank account in the Cayman Islands or Switzerland, and then stick someone else with the debt. That's what Mitt Romney did.

You see, Bain Capital was a mechanism for Romney to make himself and his "NASCAR team owning" buddies and the tax dodgers he advised very, very rich. The essence of the Bain Scheme was to borrow a lot of money to buy a company, saddle the company with the debt while paying himself big fees and then walk away.

Here is a wonderful analysis of this "business" plan. Thank god most of his investments missed Oregon, though Bain is investing in hospitals and Romney still gets money from Bain.

Sometimes things worked out, like the company Staples. Sometimes what happened is a lot of American workers lost their jobs and the companies went bankrupt.

While Romney raked in a cool quarter billion dollars. And it is likely he raked in a lot of money from Goldman Sachs and others that were getting bailed out by our tax dollars. A transfer from Main Street to Wall Street to Bain Street!

We don't know. Romney is hiding that information. Why? Because there is something to hide.

Does anyone, anyone, really think this man of piercing ambition, who has and will say anything to anybody to get elected, would not release his tax returns if they validated his argument that he should be president?

Not bloody likely.

Romney unhinged

Mitt Romney has become unhinged. Referring to a speech by Vice-President Joe Biden, Romney took words out of context and spewed anger and hate while accusing the presidents campaign of ... anger and hate.

Romney may have paid no taxes for years using off-shore bank accounts to hide his income. He is secretive, burning records and taking hard drives and misleading about his tenure in private industry. Romney is supported by polluters and gamblers and the big banks that nearly destroyed the economy. He wants to turn Social Security over to Goldman Sachs, Medicare over to the insurance industry.

Instead of answering questions about his background or ideas, he lurches into invective about a comment used by the vice president that came from Romney's own campaign.

Romney has done this before. When he was behind his Republican rivals in the primaries, he cranked up the ugly machine. And he won, backed by huge sums of money spreading vile deceit. And since it was successful before, he is going to do it again.

Romney, in his own words spoken by his own lips, has become a caricature of a politician. Avoiding the issues, he has embarked upon a campaign of hatred and fear and misinformation. He has no class.