Is Mitt Romney an example of corrupt capitalism? Limbaugh attacked Newt's lambaste of Mitt.
01-10-12: Rush Limbaugh attacked Gingrich's derogation of Mitt Romney's business model: buy a company, make money, then close it and sell everything for maximum profit. Limbaugh said Newt is "left" in this approach. Left, right, whatever: making money is okay. Doing so at the expense of others' livelihood is outright crooked. Jesus said, "There is no greater love than this: that a man should lay down his life for his friends."
What is it when a man reduces the quality of life for thousands of others so that he can make tens of millions?
Limbaugh is associated with M.R.'s firm, Bain capital.
I don't know that Mitt Romney is particularly corrupt, but he is an example neoliberal corporatism. The status quo is premised on a handful of very wealthy people profiting from the labor of the majority as though the money were theirs in the first place. Fortunately, it seems that people are waking up to the fake that they are tools of the system and want to change to a more humane system.
Hubber Man from Modesto has posted this question: Is Mitt Romney an example of corrupt capitalism? Limbaugh attacked Newt's lambaste of Mitt. He then expanded it with by stating: 01-10-12: Rush Limbaugh attacked Gingrich's derogation of Mitt... read more
I wonder if anyone personally knows what and how Romney acquired these businesses, operated these businesses or closed these businesses other than what we see in the media. Did people get healthy severance packages, retraining. Did Romney and company get hood winked into buying a bad company and had to cut the losses. Did the companies sell to another company that carried on the work force. Would they have closed had he not stepped in and did he save more jobs by doing what he did than would have been lost if no one came to the table with hundreds of millions of dollars
I don't know any of this so I would be hesitant to comment on the nature or validity of the Limbaugh comment or anyone else.
We are so caught up in propaganda and a willingness to believe what we are fed.
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