View Full Version : When Mitt Romney Came To Town
uncletonoose
15th January 2012, 06:58 AM
Thanks to the Mellonhead SuperPac
http://www.youtube.com/watch?feature=player_detailpage&v=BLWnB9FGmWE#t=559s
JohnQPublic
15th January 2012, 10:54 AM
I was worried about something like this. Ron Paul has tied himself to this. He should have added a disclaimer, something, like, "depending on how Romney conducted himself...".
JohnQPublic
15th January 2012, 11:05 AM
Maybe Mitty's Pacs will show some success stories? They better, and it better be convincing, or he is out.
JohnQPublic
15th January 2012, 11:17 AM
If the truth is as one sided as this film (and it may be), then Romney was a profiteer of globalization. He saw the trend, saw which way the wind was blowing, and sold out fellow Americans. This may be legitimate business (sickening as it is), but it is not pro-America. He must not be stopped from becoming president.
JohnQPublic
15th January 2012, 11:22 AM
From and older version of the current Wikipedia cover-up. Note that the current history does not contain this information about the El Salvadorian billionaire. I was clued in by the film's mentioning "Latin American" investors.
http://en.wikipedia.org/w/index.php?title=Bain_Capital&oldid=74356966
History
The original $37 million fund was raised entirely from private individuals in mid-1984, led by Ricardo Poma, the El Salvadoran (http://en.wikipedia.org/wiki/El_Salvador) billionaire. One of the fund's first start-up investments was Staples, Inc. (http://en.wikipedia.org/wiki/Staples,_Inc.), the $15 billion office supply (http://en.wikipedia.org/wiki/Office_supply) retailer (http://en.wikipedia.org/wiki/Retailer). The funding enabled Staples to expand from one store in 1986 to nearly 1,700 in 2006. Bain Capital founded, acquired or invested in hundreds of companies including Bright Horizons Family Solutions, Brookstone, Domino's (http://en.wikipedia.org/wiki/Domino%27s), Sealy (http://en.wikipedia.org/wiki/Sealy_Corporation) and The Sports Authority.
In addition to the three founding partners, the early Bain Capital team included Fraser Bullock (http://en.wikipedia.org/wiki/Fraser_Bullock), Robert F. White (http://en.wikipedia.org/wiki/Robert_F._White), Joshua Bekenstein (http://en.wikipedia.org/wiki/Joshua_Bekenstein), Adam Kirsch (http://en.wikipedia.org/wiki/Adam_Kirsch) and Geoffrey S. Rehnert (http://en.wikipedia.org/wiki/Geoffrey_S._Rehnert). Mr. Bullock later became the Chief Operating Officer (http://en.wikipedia.org/wiki/Chief_Operating_Officer) for the 2002 Olympic Winter Games (http://en.wikipedia.org/wiki/2002_Olympic_Winter_Games).
Twenty years after its inception, Bain Capital manages over $17 billion in assets, and holds positions in such iconic American companies as Toys R Us (http://en.wikipedia.org/wiki/Toys_R_Us), Burger King (http://en.wikipedia.org/wiki/Burger_King) and Unisource (http://en.wikipedia.org/w/index.php?title=Unisource&action=edit&redlink=1).
In September 2002 (http://en.wikipedia.org/wiki/2002), Bain Capital partner Steve Pagliuca (http://en.wikipedia.org/wiki/Steve_Pagliuca) led a private buyout of the Boston Celtics (http://en.wikipedia.org/wiki/Boston_Celtics).
In November, 2004 (http://en.wikipedia.org/wiki/2004), the Dollarama (http://en.wikipedia.org/wiki/Dollarama) chain of dollar stores (http://en.wikipedia.org/wiki/Dollar_store), based in Montreal (http://en.wikipedia.org/wiki/Montreal), Canada (http://en.wikipedia.org/wiki/Canada) and operating stores in the provinces of Eastern Canada (http://en.wikipedia.org/wiki/Eastern_Canada) were purchased by Bain Capital for $1.05 billion CAD (http://en.wikipedia.org/wiki/Canadian_Dollar).
In March 2005 (http://en.wikipedia.org/wiki/2005), Pagliuca proposed a $3.5 billion buyout of all 30 teams in the National Hockey League (http://en.wikipedia.org/wiki/National_Hockey_League). The offer was promptly rejected. In June 2005, the company made a revised bid of $4.3 billion for the 30 teams and allow the current owners to maintain a stake in the league.
In June 2005 (http://en.wikipedia.org/wiki/2005), Bain teamed up with Haier (http://en.wikipedia.org/wiki/Haier) Group, China's largest appliance maker, and private equity firm Blackstone Group (http://en.wikipedia.org/wiki/Blackstone_Group) in an attempt to acquire Maytag (http://en.wikipedia.org/wiki/Maytag) for over $1 billion. The bid was dropped a month later.
On April 10 (http://en.wikipedia.org/wiki/April_10), 2006 (http://en.wikipedia.org/wiki/2006), shareholders of Burlington Coat Factory (http://en.wikipedia.org/wiki/Burlington_Coat_Factory) Warehouse Corp., which operates more than 360 retail stores approved the acquisition of the company by Bain Capital.
2006 (http://en.wikipedia.org/wiki/2006)-08-21 (http://en.wikipedia.org/w/index.php?title=08-21&action=edit&redlink=1) It was announced that Apax Partners (http://en.wikipedia.org/wiki/Apax_Partners) and Bain Capital had joined the enlarged private equity consortium headed by KKR (http://en.wikipedia.org/wiki/Kohlberg_Kravis_Roberts_%26_Co.) that has agreed to acquire an 80.1% stake in the Semiconductor Division of Royal Philips Electronics (http://en.wikipedia.org/wiki/Philips). The new company is called NXP (http://en.wikipedia.org/wiki/NXP).
JohnQPublic
15th January 2012, 11:27 AM
http://www.scoreboard-canada.com/babylon-romney.htm
"3. The Poma Group and the brutal Salvadoran civil war of the 1970s and 1980s. * It should be noted that the money was provided to Bain - $37 Million - in 1984 at the height of the war when Reagan was President and the current occupant of the White House's father was Vice President."
Baine Capital = Contra Money = cocaine?
JohnQPublic
15th January 2012, 11:37 AM
Mitt Romney
Remarks at the Miami-Dade Lincoln Day Dinner
March 9, 2007
Read more at the American Presidency Project: Mitt Romney: Remarks at the Miami-Dade Lincoln Day Dinner (http://www.presidency.ucsb.edu/ws/index.php?pid=77265#ixzz1jYNaJe6e) http://www.presidency.ucsb.edu/ws/index.php?pid=77265#ixzz1jYNaJe6e
"I owe a great deal to Americans of Latin American descent. When I was starting my business, I came to Miami to find partners that would believe in me, and that would finance my enterprise. My partners were Ricardo Poma, Miguel Duenas, Pancho Soler, Frank Kardonski, and Diego Ribandinarea."
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