Wednesday, January 11, 2012

Mitt Romney & The L Word(s)

Lady Liberty, pop quiz who said, Give Me Liberty or Give Me Death? Hint, it wasn't Mitt Romney. Mitt Romney has a problem with L words. He's been called a Liberal, a Liar, lately a corporate raider aka a Liquidator. Danny Devito played a corporate raider in the movie "Other People's Money" his character's name was Larry The Liquidator. Mitt Romney just won the New Hampshire republican primary. The granite state's motto is "Live Free or Die". I think New Hampshire just got hustled by a hustler, who is trying to run the table, on his republican primary candidate rivals. Not unlike the character in the movie "The Color of Money" starring Paul Newman "Limousine Liberal". There are so many movie references to Mitt Romney's Bain Capital tenure, I don't think I will be able to cover them all. Newt Gingrich accused Mitt Romney of trying to buy the office of the President of the United States. "He doesn't tell the truth" Gingrich said. Mitt Romney's lack of veracity has also been pointed out by Governor Rick Perry, Romney's Remedy. Senator John McCain just endorsed Mitt Romney, here is a video of John McCain going through Mitt Romney's Liberal Laundry List. Meanwhile Newt Gingrich is going to release an attack ad against Mitt Romney titled "The King of Bain". I decided to look up the dictionary definition of the closest spelling to Bain. Bane definition, a person or thing that causes misery or distress ( esp a bane in of one's Life). Mitt Romney's not really popular with (L)BGT either.

Money doesn't have an agenda, money doesn't care if you have a job or if you don't. Wall Street has turned into the kind of financial industry, that has learned how to manipulate capital to keep money flowing into their own pockets - crony capitalist. Yeah, I've seen that movie too.

Romney at Bain Capital:Big Gains, Some Bust WSJ, 9 January, 2012, Mark Maremont.
The Journal analysis shows that in total, Bain produced about $2.5 billion in gains for its investors in the 77 deals, on about $1.1 billion invested. Overall, Bain recorded roughly 50% to 80% annual gains in this period, which experts said was among the best track records for buyout firms in that era.

The idea that Wall Street cares if jobs are being created on Main Street is belied by TARP, bailouts, and stimulus money, it's not free market capitalism if you turn to the public sector for a bail out. In the end it's not about Money itself, it's in the way you use it.

It's in the way that you use it,
It comes and it goes.
It's in the way that you use it,
Boy don't you know.

And if you lie you will lose it,
Feelings will show.
So don't you ever abuse it
Don't let it go.

Nobody's right till somebody's wrong.
Nobody's weak till somebody's strong.
No one gets lucky till luck comes along.
Nobody's lonely till somebody's gone.

I've seen dark skies, never like this.
Walked on some thin ice, never like this.
I told you white lies, never like this.
Looked into true eyes, never like this.

The Color Of Money
"It's In The Way That You Use It"
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