Thursday, January 17, 2008

A leveraged buyout king for president

Mitt Romney won in the state of Michigan where his father onced ruled over the American Motor Corporation which made the famous jeep, and was governor. Mitt spent millions to win the primary there Tuesday 14 January 2007 which threw the Republicans running for the nod to replace mini mouse Bush, into more turmoil. He won thanks to the millions of his own wealth and the strength of his dad's name and not the least being a native son. Yet listening to his tortured syntax, he denies the simplest of truth. Michigan with the highest employment officially pegged at 7,5 per cent in the land is in deep recession. McCain who came in second in the primary spoke truth to power. He told the voters of Michigan the jobs they lost in the mono industry of the automobile which dominated Michigan's economy, are gone for ever. Romney the demogogue begged to differ but was short of specifics on how to turn things around. Judging by his skill as a purveyor of Leveraged Buyouts, he would downsize everything in sight, slash budgets, benefits, and the like for all but his capitalist class. Look at his record at Bain if you need examples. Do we need a man that sells flimflan, who flip flops on issues, and will cut his cloth to the fashion that will win him votes? Mitt might head his party in the presidential race but heaven help us all should this bubblehead win. His victory would mean more of Bush and would even out Bush Bush if that were possible.

No comments: