Silly car companies - Federal bail outs are for Bain!

OohPooPahDoo

Gold Member
May 11, 2011
15,347
985
175
N'Awlins Mid-City
The hypocrisy is gut wrenching.
[G]overnment documents on the bailout obtained by Rolling Stone show that the legend crafted by Romney is basically a lie. The federal records, obtained under the Freedom of Information Act, reveal that Romney’s initial rescue attempt at Bain & Company was actually a disaster—leaving the firm so financially strapped that it had “no value as a going concern.” Even worse, the federal bailout ultimately engineered by Romney screwed the FDIC—the bank insurance system backed by taxpayers—out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds.

I guess us taxpayers are only supposed to bail out big fat vulture capital firms so folks like Mitt Romney can get even richer.


Mitt Romney relied on a federal bailout to save Bain & Company — Barack Obama

What a hypocritical pieces of shit. How anyone could vote for Romney - a government leech intent on sucking at the government teet and then taking all the credit - and your tax money - for himself - is beyond me.
 

Forum List

Back
Top