Monday, January 9, 2012

He's not a job creator, he's a corporate raider

The one per cent presidential option

Quotes from Think Progress about Mitt Romney:

JON HUNTSMAN: “What’s clear is he likes firing people, I like creating jobs.” [1/9/12]

NEWT GINGRICH: “Those of us who believe in free markets and those of us who believe that, in fact, the whole goals of investment is entrepreneurship and job creation, would find it pretty hard to justify rich people figuring out clever, legal ways to loot out a company.” [1/8/12]

RICK PERRY: “Now, I have no doubt Mitt Romney was worried about pink slips — whether he was going to have enough of them to hand out because his company, Bain Capital, of all the jobs that they killed. I’m sure he was worried that he would run out of pink slips.” [1/9/12]

GINGRICH: Bain Capital was a “small group of rich people manipulating the lives of thousands of people, and taking all the money.” [1/9/12]

PRO-GINGRICH SUPER PAC: “A story of greed, playing the system for a quick buck. A group of corporate raiders led by Mitt Romney, more ruthless than Wall Street. For tens of thousands of Americans, the suffering began when Mitt Romney came to town.” [1/9/12]

GINGRICH: “I would just say that if Gov. Romney would like to give back all of the money he’s earned from bankrupting companies and laying off employees over his years at Bain, that I would be glad to listen to him.” [12/12/11]

Romney is the obvious choice of the one per cent, the Establishment and the country club Republicans. These politicians want to make America more"business friendly."

Of course, this is not the real job of an elected government official. The preamble to the Us Constitution explains:

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. 

Politicians should be catering to Americans citizens, not special interests. What the GOP does when it takes the presidency is predictable. It is rarely about the needs of middle Americans. 

The Washington Post looked at an Office of Management and Budget (OMB) analysis, and a performed a detailed look at specific regulatory decisions, 

The post shows "how an administration can employ this subtle aspect of presidential power to implement far-reaching policy changes. Most of the decisions are made without the public attention that accompanies congressional debate. 

Under Bush, these decisions have spanned logging in national forests, patients' rights in government health insurance programs, tests for tainted packaged meats, Indian land transactions and grants to religious charities."

When Republicans take the White House: 
  1. The National Labor relation Board becomes partisan and ineffective.
  2. During the Bush administration both Department of Labor and Occupational Health and Safety administration (OSHA) inspector positions were eliminated. 
  3. Defense spending greatly increases. The defense one per centers are more wealthy than the bankers because of the government largess,
  4. Jobs are off-shored and the H1-B visa  quota is increased. When Bush was president, he rarely talked about unemployment that was increasing. His emphasis was on worker productivity; i.e., do more with less. 
  5. Environmental regulations are loosened which is why the Bush administration wanted to allow the energy industry to drill in a national Alaskan park.
  6. Antitrust cases are put on the back burner,.The strong antitrust case against Microsoft was dropped. However, In March 2004, the European Commission ordered Microsoft to pay $794 million, the largest fine ever handed out by the EU at the time. In addition, the European Commission imposed a fine of $1.44 billion on Intel Corp. for violating EC Treaty antitrust rules on the abuse of a dominant market position. 
The Bush administration looked the other way at both corporations. Both corporations were too big to fail.

This is why we have crony capitalism which is a polite word for fascism in the US. People like Mitt Romney suggest only one per cent business leader like himself are qualified to run the country . Only corporate raiders like himself understand the economy.

Well, that is the "pious baloney" Mitt would like you believe.


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