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Bain of Our Existence

The skeletons in Mitt Romney's closet shouldn't be that surprising. It is surprising seeing people trying to defend the business practiced by Bain Capital.

Politicians like to talk about the mythical “Main Street” of America a lot.

Of course, most of them wouldn’t know what the “Main Street” most of us live on looks like. It’s kind of like watching one of the cooking shows on Food Network. You know, the ones where they talk about cooking for real at “home” in their studio that has a dual oven, wide cook top, top-of-the-line cookware and plenty of work room when really most of us cooking for real have a tiny stove, a single oven that’s probably five years past its prime all in a kitchen that barely fits two people.

So, metaphor aside, it’s with great interest to see this whole Bain Capital situation unfold. The skeletons are being pulled out of Mitt Romney’s closet, so to speak.

We all know that Romney is a rich businessman who has decided to use his business skills for the good of our country. Of course, that’s all not withstanding that the corporation that he was in charge of (or the figurehead of depending on who you ask) was able to get really rich by shipping our jobs overseas.

All that is good and legal – and made lots and lots of people lots of money – but it doesn’t necessarily make for happy voters on Main Street … since many of them watched their jobs fly overseas.

It’s kinda funny to think about, really, the whole outsourcing thing. Because as a fan of comedy, I’ve seen many a comedian make joke after joke about having to talk to an operator who is halfway across the world – then will turn around and support Romney and other rich conservatives, the ones who helped move those call centers overseas.

And it really did get some feathers ruffled, because Rush Limbaugh reached for a smokescreen. Really, Batman’s Bane is meant to equal Bain Capital. Are you kidding me?

First off, Rush, not everything in pop culture is meant to be an allegory for what’s going on in the world. Second, the character was created in 1993 by DC Comics, and was written for the movie in 2010, and the movie was shot throughout 2011, long before Mitt Romney was an cinch for your precious Republican nomination. And unlike the whole political process, people on Main Street will probably enjoy it.

Speaking of us people on Main Street, not all of us aspired to be rich industrialists as children. Sure, we all had dreams of being Batman. Or a rock star, baseball player or firefighter.

But we knew that whatever we wanted to do, we were brought up to believe that we would be able to go down the career path we wanted to, and we would be able to achieve a certain amount of success in life, even a piece of the American Dream.

Now, because of people like Romney shipping jobs overseas, that can be a tall order.

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Tonto July 18, 2012 at 09:29 PM
Obama's marxist communist background, fake birth certificate, fake social security number, fake draft card, hiding college records. Bain? Oh please :(
Clavell Jackson July 18, 2012 at 09:49 PM
Rthoma sounds like a Republican troll. And Tonto sounds unhinged.
Tonto July 18, 2012 at 10:03 PM
If Obama himself admitted his birth certificate was fake, which it is proven to be, your kind and your liberal media palace guard would debunk the man. Thats "unhinged" :)
ndahauz July 18, 2012 at 10:12 PM
the topic is nothing but media and republican hype. Obama is a US citizen, end of story. And if he wasnt, nobody will be able to prove because that 90 something man in hawaii who ran the records department has confirmed the birth certificate to be real.....so why are you people beating a dead horse. Sounds like desparation's is rearing it's ugly head.....
Tonto July 18, 2012 at 10:22 PM
http://www.youtube.com/watch?v=mnAcbxZSEzw&feature=fvsr http://www.youtube.com/watch?v=7equ_xy5_kg http://www.rr.com/politics/topic/article/rr/1131/72030447/Sheriff_Arpaio_says_Obama_birth_certificate_is - OK, start the poo pooing, and debunking, and degrading the sources :)
rthoma1072@gmail.com July 18, 2012 at 10:28 PM
Typical liberal reply .ignore the substance, attack the poster. Not all democrats are intellectually handcuffed as you seem to be.
Clavell Jackson July 18, 2012 at 10:35 PM
Tonto, I am not going to feed the trolls.
Tonto July 18, 2012 at 10:38 PM
http://visiontoamerica.com/9248/barack-obamas-lawyer-admits-birth-certificate-is-forged/ http://www.politico.com/news/stories/0612/77390.html http://www.youtube.com/watch?v=9hPR5jnjtLo&feature=fvwrel
Tonto July 19, 2012 at 03:08 AM
http://www.youtube.com/watch?v=VebOTc-7shU&feature=g-vrec
Cat July 19, 2012 at 03:11 AM
...and 'who' exactly, cares how you're voting?
Cat July 19, 2012 at 03:22 AM
I hear your mommy callin you....you better run off now....you know it's waaaaaay past your bedtime. Nitey-nite Sugarplum! :~)
Ray A July 19, 2012 at 05:10 AM
Interesting article. I think there is a lot more to the bain story than just outsourcing of jobs. Romney's claim that he retired from Bain in 1999 is still very much in doubt, as he continued to file SEC filings claiming to be the CEO, President, and sole stock holder in Bain Capital up until 2002. His inconsistency may even be found to be a felony under federal law. We do know that he bought up companies, leveraged them with extreme debt, raided their pensions, and than sold them off after filing for bankruptcy and gleaning massive profits. He made hundreds of millions of dollars engaging in "vulture capitalism." For some reason he finds it necessary to hide his money offshore in places like the Caymen Islands, Bermuda, and Swiss bank accounts. He thinks he has no moral obligation to pay taxes at a rate that regular people do. He took a $77,000.00 deduction for his wife's dancing horse. Hey Mitt, lets see your tax returns so we will know if you're a tax cheat, or a corporate criminal. Than we can talk about why you want another three trillion dollars more in tax cuts for the rich. You seem to have some big generous ideas for rich people, but what are you going to do for the working families, the elderly, and the poor? Not much I suspect.
Clavell Jackson July 19, 2012 at 05:24 AM
http://www.rawstory.com/rs/2012/07/18/arpaio-questioning-profit-motive-behind-birther-investigation-a-big-insult/
Thunder July 19, 2012 at 04:15 PM
everyone starts out life a short sighted democrat, don't feel bad.
Thunder July 19, 2012 at 04:21 PM
you make fun of a mans religion (bigot) and then call people racist in the same sentence.
andy July 19, 2012 at 04:53 PM
Swiss Bank accounts and Cayman Island Bank Accounts are well know offshore tax havens otherwise known as places to hide money from your government so you don't have to pay taxes on said money. These banks don't pay interest and offer little guarantees.
Lydia Plunk July 20, 2012 at 04:57 AM
Fact. Obama outsourced our space program. If he doesn't take a leadership role that is inclusive of the political spectrum- industry in support of defense is next.
Clavell Jackson July 20, 2012 at 07:52 AM
No that is another lie. You guys need to turn off FOX, Glenn Beck and Rush Limbaugh and start watching real news. http://factcheck.org/2012/07/sununus-out-of-this-world-outsourcing-claim/
Roberto July 20, 2012 at 08:02 AM
We will, once you turn off MSNBC
Ray A July 20, 2012 at 12:07 PM
Great link Mr. Jackson. Thank you for your voice of reason in a sea of distortion. Glen Beck, Rush Limbaugh, and Sean Hannity are poor sources for facts. They base their opinions on prejudice and ideology. Welcome to Issa and Bono-Mack country.
mtbie July 20, 2012 at 01:10 PM
Obama is not great but Romney sucks! I made up my mind after the family dog story and its FACT not some super pack bs or a nicely photoshoped image with some statement about not being America. Who is really American the person that makes millions off the backs of the middle class and avoids taxes to make more money?
Wildomar Resident July 20, 2012 at 03:13 PM
I have some personal experience with Bain Capital, not that one transaction is representative of every deal they did but here's one story. I was a senior member of a company that was purchased by Bain for a 3-year period in the mid-90's. Subsequent to the purchase, they assisted us with 'straightening out our house' and then sold us to a company, who benefitted from our relationship. A couple of noteworthy points.... The reason why Bain was able to buy us is because we weren't going to survive on our own. Bain wasn't looking to purchase companies that didn't want to be bought. Had Bain not purchased our company, I believe 500+ people would have been out job hunting. Did a few people get let go during the 'house straightening'? Yes, but the reduction in staff should have been done by us prior to Bain. We simply couldn't afford the overhead, but were too stubborn/protective of the people to do something about it. In the end Bain made a well deserved profit for their risk taking and expertise; the company I worked for came out better for having gone through the exercise, and the company that eventually purchased us was quite happy to grow their business through our capabilities. Oh ya... Bain probably didn't get any credit for saving those jobs and not a single position was moved offshore. I know the people that worked for us said "Thank God for Bain Capital". Like I said. Only one story, but I'd vote for Romney in a heartbeat.
jill smith July 20, 2012 at 06:03 PM
The economy is being transformed by globalization, many think this is great and make comments like" get used to it." The developing one world economy is hurting the middle class and making us poorer as a nation. We need to stop shipping jobs out of the U.S. Obamas very own job creation panel is supposed to help create jobs, instead he is booting our jobs out of this country.
Cat July 20, 2012 at 06:20 PM
....well how else is going to fit the U.S. into the new world order? :~/ (darn it I broke my sarcasm key on my keyboard! %^&* now I'l have to put one of those "LOL"s :~(
Roberto July 25, 2012 at 05:41 PM
Let's discuss Nobama's experience in the business sector...oh never mind!
beta blue July 25, 2012 at 08:39 PM
"(obama's) attorney Alexandra Hill, of the Newark-based law firm Genova, Burn and Giantomasi, admitted that the image of Obama’s birth certificate was a forgery and made the absurd claim that, therefore, it cannot be used as evidence to confirm his lack of natural born citizenship status..." tonto, thanks for the link, but how come there has been no news about this in the big media (tv, paper, radio), especially since it's dated back in april 2012?
Martha L. Bridges July 27, 2012 at 07:46 PM
Let's discuss the embarrassing behavior and caustic remarks of Mitt Romney on his first day in England for games. It appears he managed to offend at least half the country - our best and closest ally - and made a fool of himself to boot! This in contrast to President Obama's numerous successful visits abroad which have earned him the respect of most of the world. There was dancing in the streets in much of Europe to celebrate Obama's election, but obviously there won't be any of that if Romney gets elected.
Chris Carter July 27, 2012 at 11:20 PM
Don't worry, Martha, I believe the Prime Minister made a very excellent jab back at Governor Romney.
Martha L. Bridges July 28, 2012 at 02:17 PM
Yes, Chris, and the Mayor of City of London had a few choice words about Romney too! American voters should take note of Romney's behavior and Europe's strong misgivings about him. Obama has done much to restore our standing abroad, but Romney is no diplomat.
Martha L. Bridges July 28, 2012 at 02:26 PM
As many people have pointed out, being president is a complex job which demands far more than just experience in the business sector. Besides, Romney's so-called business experience doesn't necessarily equate to expertize. He seems very reluctant to discuss the details of his time at Bain - probably because it reveals what a vulture he was.

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