Posted 10 years ago on Jan. 28, 2012, 1:34 p.m. EST by lgarz
from New York, NY
This content is user submitted and not an official statement
Everyone has heard Mitt Romney’s wonderful “Horatio Alger” story of success from Mitt’s point of view. But, when you look behind that carefully embroidered curtain you see a different story. Mitt made his millions by being clever enough to manipulate the stock market and steal American Companies from the American innovators who built them. Mitt and his friends had no extraordinary administrative skills or new innovative ideas to improve the companies they stole. Their most revolutionary Business theory is found in the book “Dress for Success.” But, anywhere they saw vulnerability in an American company they took advantage acting like a “White Knight” to “Save them”, or “Turn them around.”
Some of those American companies were in trouble and went public to raise cash. Others, the majority, were profitable companies who went public to share their wealth with their fellow Americans. All of them were vulnerable to venture capitalists with unlimited funds, and a cold callous, rapacious, survival of the fittest business ethic.
So, Mitt and his fellow vultures would take over an American company to save them, and how did they do that? Mitt’s modus Operandi was: If you were old and made a lot of money, you got “Downsized.” If you were young and tech savvy, you got “Outsourced.” If you were in a Union, you got “Locked Out” If the Employees were making Middle Class wages, they got “Fired.” If you were working full time with benefits, you got “Laid Off.” If the workers had a good Pension plan, they looted it. If the company was still profitable they moved it overseas. If it wasn’t, they sold off anything of value that the Company owned, including its patents, and walked away with millions.
The few companies that managed to survive being “Saved” by Mitt, something on the order of 10 out of 100, emerged as what Mitt proudly hails, leaner, meaner, and more efficient Corporations. (Mostly meaner) In reality, those companies are a prime example of Mitt, and his fellow Republican Capitalist vision of America where extremely profitable Companies are built on low paying drudge jobs with no future, no benefits, and no retirement.
While it is perfectly legal to make millions on the suffering of hard working Americans, shouldn’t we hold our President to a higher standard? No one is saying that what Mitt did to make his millions was illegal, but his methods were without a doubt immoral, unethical, and most importantly, grossly un-American. The companies he sent overseas were American companies. The workers he fired were American workers. The Factories he closed were American Factories. But, worse of all, the Towns his policies devastated and left without hope were all American towns. Please forgive me if I find that particularly loathsome.
There are a lot of things I would like to do to an unscrupulous rich guy like Mitt, making him President is not one of them. And, that is my problem with Mitt. Call me stupid all you want, but I’m voting for the guy that likes to Hire Americans, not the guy who likes to Fire Americans.