Lakhota
Diamond Member
Rolling Stone contributing editor Matt Taibbi sounded off on Republican Presidential nominee Mitt Romney on HuffPost Live Thursday.
Taibbi took on what he described as Romney's hypocritical stance on the nation's deficit given Romney's private equity background, the subject of his recent Rolling Stone article.
"I remember listening to these speeches and then looking around at the press corps and at everybody else and wondering, 'How is it that nobody's bringing up the fact that this guy was a leveraged buyout expert?'" Taibbi told HuffPost Live's Ahmed Shihab-Eldin. "This is how he made his fortune. What is leverage? Leverage is debt. What this guy did for a living is he borrowed money that other people had to pay back."
More: Matt Taibbi: Mitt Romney Has 'Casual Relationship With The Truth And Reality' (VIDEO)