Friday, April 27, 2012

Romney the ultimate welfare queen

Romney, the ultimate welfare queen? Do you remember the myth Romney himself tells of his start with Bain Capital. How he went hat in hand to the US Government seeking tax forgetness for $10 million in taxes and how that event launched his career at Bain Capital and his and their subsequent success at leveraged buyouts, corporate turn-arounds and liquidations and sell-offs. So what part am I missing? Is he no different than a welfare queen, depending on the government to save his a**. How different would the Romney narrative be if this was the story.
Now, lets look at these numbers $10 million, I believe was the number Romeny quoted, at interest plus inflation, over 20 years, would be approximmillion.ately $250 million today. Now, add in the tax manipulation and off-shoring and Romney would owe America $100 miilion.

And this guy wants to restore 'the hope of the American Dream' - not the American dream, but its hope.

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