Mitt's Lying Again

ComeToTX · August 2012

And we need this amazing business man to turn the economy around? No thanks.

http://www.rollingstone.com/politics/bl ... n-20120830

Here's the hard truth: Romney's turnaround effort at the consulting firm was a fiasco. In fact, Bain & Company was only rescued from the brink of collapse by the federal government. In 1993, the FDIC agreed to wipe away more than $10 million it was owed by Romney's firm because it believed that "the company will fail if the debt is not modified."

lukin2006 · August 2012

ComeToTX wrote:

And we need this amazing business man to turn the economy around? No thanks.

http://www.rollingstone.com/politics/bl ... n-20120830

Here's the hard truth: Romney's turnaround effort at the consulting firm was a fiasco. In fact, Bain & Company was only rescued from the brink of collapse by the federal government. In 1993, the FDIC agreed to wipe away more than $10 million it was owed by Romney's firm because it believed that "the company will fail if the debt is not modified."

Are you sure the FDIC is paid for from federal money. I read the comments below the article...several people who seemingly have good knowledge of these sorts of things seems seem to have good counter arguments.

ComeToTX · August 2012

I saw that too and someone with more knowledge than I will have to answer that. Regardless though he came into save a company and made it worse. I think there could be some foreshadowing there.

Not to mention his campaign is lying about it.

jdesantis1983 · August 2012

ComeToTX wrote:

And we need this amazing business man to turn the economy around? No thanks.

http://www.rollingstone.com/politics/bl ... n-20120830

Here's the hard truth: Romney's turnaround effort at the consulting firm was a fiasco. In fact, Bain & Company was only rescued from the brink of collapse by the federal government. In 1993, the FDIC agreed to wipe away more than $10 million it was owed by Romney's firm because it believed that "the company will fail if the debt is not modified."

With all due respect, noting anything as "hard truth" that's coming from Rolling Stone's political reporting is about as feasible as doing the same with Fox News. Their article is flawed and one-sided, which happens on both sides, Republican and Democrat, but as with all their reporting it paints the picture they want people to see, not the actual picture.

mickeyrat · August 2012

this article is a little more telling. Although it doesnt use names on the quotes.

http://www.rollingstone.com/politics/ne ... y-20120829

So , if true, even partially , he's established a pattern between this and the gov money poured into the Olympics when he was tapped to "SAVE" them.

hedonist · August 2012

jdesantis1983 wrote:

With all due respect, noting anything as "hard truth" that's coming from Rolling Stone's political reporting is about as feasible as doing the same with Fox News. Their article is flawed and one-sided, which happens on both sides, Republican and Democrat, but as with all their reporting it paints the picture they want people to see, not the actual picture.

Breath of fresh, honest air! Thank you.

blackredyellow · August 2012

There is definitely a disconnect with what Romney says, and what the platform is. He boasted about Neil Armstrong last night, and has talked about "us" building things like the Hoover Dam.. These were HUGE government programs and HUGE spending projects.

He says his policies will create 12 million jobs, and goes on about how small businesses are the job creators. But the "we built it" crowd says they do it on their own and that government doesn't create jobs. Even Paul Ryan had that line about if you are in a bad spot, you didn't fail, your leaders failed you... I thought the "we built it" and the bootstraps crowd didn't need government help?

Mitt's Lying Again

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