Romney's Bain Capital owns Clear Channel, the largest radio station programmer in the country. There are 866 radio stations, along with Premiere Radio Networks. It produces and distrubutes 90 syndicated radio programs, serving 5,800 radio station affiliates with 213 million weekly listeners. Some of the programs are quite familiar: the Rush Limbaugh Show, the Sean Hannity Show, and Glenn Beck. So Limbaugh, Hannity, and Beck are really working for Romney, as he has a controlling stake in Bain Capital (that is hidden in Cayman Islands).
Clear Channel Communications, a subsidiary of CC Media Holdings, which is a venture sponsored by Bain Capital and Thomas H. Lee Partners, is controlled by Mitt Romney, who hasn't worked for Bain Capital(let alone Thomas H. Lee Partners) for over a decade, and no longer has a managerial/executive position, nor a controlling interest in Bain Capital(let alone Thomas H. Lee Partners)...
Sorry, no. Rush doesn't work for Romney.
Any way you look at it, money talks. And Bain is probably no different than the way Romney left it....that's all I'm sayin'.
No, you were saying that Romney essentially owns right-wing radio media.
Where is the proof that Romney still has controlling interest in Bain?
According to Forbes Romney is still getting "carried interest" income from Bain.
After Romney left Bain in 1999 to run the Salt Lake City Olympics, he negotiated a deal that gave him carried interest in Bain funds set up for a decade after his departure–and hence a stream of retirement income taxed at low rates. By contrast, executives of big public companies get taxed on their cushy deferred compensation at the 35% rate.
http://www.forbes.com/sites/janetnovack … st-stupid/
Speaking of Bain, here's a comment by James Taylor at the Dem convention:
http://www.youtube.com/watch?v=R0uX36Ac … ata_player
Dr Billy, where do you get your information that Romney controls Bain?
by Ralph Deeds5 years ago
Private equity fund operator Steven Rattner provides a fair assessment of Romney's record at Bain here:http://www.nytimes.com/2012/05/23/opini … ef=opinion
by Ralph Deeds5 years ago
Bain is still sending jobs to China and stuffing money in Mitt Romney's pockets. The latest victim of Bain's vampire capitalism are the workers in Sensata Technologies in Freeport, Illinois. Sensata was profitable in...
by Susan Reid5 years ago
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by JaxsonRaine5 years ago
Let's talk about Bain Capital and Mitt Romney. I've seen so many topics and news articles attacking/defending Mitt, but there is very little real data being put forward. Romney left Bain Capital in 1999, so I've...
by Grace Marguerite Williams3 years ago
they saw President Barack Obama as the president of promise and reformation? During President Obama's administration, unemployment and national debt is the HIGHEST it has been. More and more civil...
by LauraGT5 years ago
Did the first presidential debate change your mind about either candidate?
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