Sunday, November 4, 2012

Romney Will Say Anything


I didn't realize how ripe of a take-down there was awaiting Mitt “Robme” Romney, but it's all out there just waiting for someone to put it all together...

Mr. Romney claims that he will create 12 million jobs during the next 4 years if only we elect him as president. He doesn't say how he'll create the jobs, just elect him, sit back, and find out...

Nail #1: Since he won't specify, we are enabled to speculate. And some big guns have speculated, like those fine folks at Macroeconomic Advisers and Moodys Analytics. Their estimation: The economy, regardless of the president will add 11.8 million jobs over the next four years. So, that's only 200,000 for you?

Mr. Romney has repeated used the meme that he was a job creator while working for Bain Capital, that he knows how to create jobs...

Nail #2: Search for the jobs he created, and you will search in vain. But you will find cogent analysis of his work and methods there, by no less a business standard than Bloomberg:


What’s clear from a review of the public record during his management of the private-equity firm Bain Capital from 1985 to 1999 is that Romney was fabulously successful in generating high returns for its investors. He did so, in large part, through heavy use of tax-deductible debt, usually to finance outsized dividends for the firm’s partners and investors. When some of the investments went bad, workers and creditors felt most of the pain. Romney privatized the gains and socialized the losses.

So, Mr. Romney is willing to mislead on his record, mislead on what he'll actually accomplish while at the helm (if we give it to him). But, he has served in government before, what did he accomplish there? Surely that would give him some bona-fides...

Nail #3: As Governor of Massachusetts, which as candidate Romney he claimed he would initiate a jobs program "second to none in the history of the state.” But, the history, as capably outlined by Jim Kaplan of the Tampa Bay Times: “When Romney's four-year term expired, the job growth rate of 1 percent lagged four points behind the national rate.” So, even though he has promised this particular outcome before, last time he utterly failed.

During the second Presidential Debate, Mr Romney asserted that “Government does not create jobs”.
Which leads us directly to...

Nail #4: Mr. Romney: If the government does not create jobs, how the he** are you going to create jobs as president of the United States? You didn't create jobs when you were in the private sector, you failed to create jobs the last time you were in government, and you are willing to lie to us about what will happen even though, by your own assertion, it is impossible for you to accomplish that! What kind of a man are you?

I believe four nails allows us a roundtrip on this particular coffin. Sleep well, Mr. Romney. I don't believe there is a place in heaven for folks like you. May I suggest you read Neil Gaiman's collection of shorts, “Smoke and Mirrors”. There is a particular story in there about a place where time has no meaning...

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