There’s Irony, Then There’s DeMintery, Then There’s Defudgery (Now With Added Asshattery)

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“Hey, I lost my glove.”

From ABC News:

Republican Senator Jim DeMint of South Carolina, who has yet to endorse a GOP presidential candidate, said today he thinks Mitt Romney needs to work on his empathy.

DeMint dismissed attacks that portray Romney as a greedy capitalist, calling them “political talk” ...

And you can’t have political talk sullying the serious business of choosing a prospective president.

... but he told ABC News Romney needs to better explain layoffs that occurred while he ran Bain Capital and express empathy for those workers.

While we await an upgrade to Mittbot 2.1.1, the GOP frontrunner clown shoes pile-on continues, with Snooki following up Tawd’s lukewarm endorsement of Newt with her own challenge to the heir presumptive, and the WaPo’s laughably inaccurately named “Fact Checker” awarding Newt’s already infamous “King of Bain” ad four Pinnochios:

Romney may have opened the door to this kind of attack with his suspect job-creation claims, but that is no excuse for this highly misleading portrayal of Romney’s years at Bain Capital. Only one of the four case studies directly involves Romney and his decision-making, while at least two are completely off point. The manipulative way the interviews appeared to have been gathered for the UniMac segment alone discredits the entire film.

Approached for a comment, Newt Gingrich said:

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“Any idea where I can find two girls?”

More: Rick Perry gets caught in the crossfire:

After Perry described rival Mitt Romney’s work at Bain Capital as “vulture capitalism” (rather than venture capitalism), Limbaugh lashed out.

“That is indefensible!” he said on his EIB broadcast today. “It’s absurd…this is the language of leftists! This is the way Fidel Castro thinks, or says he thinks.”

As you probably know, Limbaugh is no fan of Romney, whom he views as a flip-flopper and a closet moderate. He says he’s irked because Perry and others are going after Romney on “the one thing he’s actually pretty clearly conservative about.” He directed his ire at both Perry and former House Speaker Newt Gingrich.

“The attacks that they’ve mounted on Romney are indefensible,” Limbaugh said today.

Anybody in the vicinity of Rush Limbaugh is advised to duck and cover.

Posted by YAFB on 01/13/12 at 01:59 PM • Permalink

Categories: PoliticsElection '12MittensNuttersSarah PalinTeabaggeryOur Stupid MediaSkull Hampers

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You got Memeorandumed. Huzzah! ;-)

Only one of the four case studies directly involves Romney and his decision-making... but he benefitted greatly from all the other cases.

Damn, I really hope that traditional Southern Conservative fear of Mormons and hatred of carbetbaggers torpedoes Rombot’s campaign.

The fact that Newt Gingrich might be the primary agent of Mitt’s downfall is some grade-A schadenfreude.

You got Memeorandumed. Huzzah! ;-)

Just call me a corporate pimp! ;O)

I really haven’t had time to look at the WaPo “Fact Check” in detail yet, but given the average attention span among Romney’s likely voters and the schadenfreude of seeing him on the back foot having to defend himself against all this in soundbites that he hopes’ll stick, coupled with the prospect of Newt having egg on his face as well, it’s Popcorn City over here. If the WaPo’s screwed up again as well, I’ll break out the pretzels.

My cursory reading of the WaPo “fact check” gives me the impression that it’s bullshit. First, there’s this:

Private equity deals, such as leveraged buyouts in which the company borrows lots of debt, can be more rewarding but also more risky. Some of those deals went bad for Bain, which sometimes happens in finance, though the company usually made money anyway.

That’s almost touchingly naive. If Bain made money, it didn’t go “bad for Bain.” The reason Bain exists is to enrich high net-worth shareholders. As long as that happened, they didn’t give a shit who lost out on the deal. You could make the argument that there’s nothing wrong with that business model, but to pretend that Bain’s raison d’être is to “save” companies or create jobs and that if that didn’t happen, things “went bad for Bain” is a load of crap.

Then there’s this:

One former Ampad employee claims Romney has 15 homes, which is simply not correct; he or his wife appear to have three homes (though worth almost $20 million), according to PolitiFact.

Duh, “fact checkers.” The quote is from a woman expressing bitterness that she lost her home when she lost her job, and she says something like, “I lost the only home I had while Romney has 15 homes.” But, but, but!! He “only” has three homes with a combined worth of 20 million! The point is,  she lost everything, and he feathered his already very comfortable nest. I guess if the woman had said that, WaPo would verify that Romney doesn’t, in FACT, have a nest which he lines with feathers. Jesus.

Thanks, Betty, and precisely:

One former Ampad employee claims Romney has 15 homes, which is simply not correct; he or his wife appear to have three homes (though worth almost $20 million), according to PolitiFact.

I don’t know whether Romney’s as oblivious to how many homes he actually owns as McCain was in ‘08, but walking it back to “But I only have three mansions” isn’t likely to be widely persuasive (whether he’s candid enough to include the $20 million info or not).

Looks like the WaPo’s done it again! We ought to set up our own award to mirror the Pinnochios.

We ought to set up our own award to mirror the Pinnochios.

You know, we really should. What could we call them? The Truthies? The Hackies?

It’s fun looking at how some of the righty blogs are dealing with this “debunking.” Check out Col. Mustard (not a fan of Romney), and for once I’d highly recommend a read of at least the early comments.

Hey, we’ve outsourced our oppo research!

The Truthies? The Hackies?

The NothingToSeeHereFolksHonesties?

The Tommys?

(After Jon Lovitz’ old SNL character?)

Hey, we’ve outsourced our oppo research!

Make sure you’re saving it all now because it’ll be scrubbed squeaky clean in a month or two.

Politifact isn’t helping (Romney):

We did a nationwide database search of real estate transactions, deeds and tax records. Initially, our search turned up 16 addresses affiliated in recent years with Mitt Romney or his wife, Ann. But further research enabled us to rule out the bulk of these because they either had been sold or because they represented commercial properties rather than residences.

We were left with three properties that appear to be residences currently owned by Mitt Romney or his wife:

• A home in La Jolla, Calif., an affluent ocean front neighborhood adjoining San Diego, Calif. This property, bought by the couple in 2008 for $12 million and assessed at $8.7 million in 2010, has been the subject of news reports that the Romneys plan to tear down the existing house and undertake a significant expansion. We will address that issue in a separate fact check.

• A condominium in Ann Romney’s name in Belmont, Mass., assessed at $773,000.

• A home in Wolfeboro, N.H., on Lake Winnipesaukee, assessed at $4.3 million. Ann Romney is listed as the owner of the 2.3-acre property, purchased for $2.5 million in 1997. A second, 6.3-acre property nearby, also in Ann Romney’s name, appears to be a combination boathouse and stable with living quarters. It is assessed at $2.5 million. News reports indicate that the Romneys upgraded their Wolfeboro property with tennis courts and other amenities.

The Romney campaign did not comment to PolitiFact on the number of houses the family owns.

Wow, that one commenter at Colonel Mustard’s joint had some interesting excerpts from this book to share. Hmmm.

Newt has actually piped up. He’s calling on his SuperPAC to frisk the ad for truthiness or pull it, and calling on Romney to do the same with his widely panned SuperPAC hatchet jobs on Newt.

It’s carnage out there. CNBC thought it had some sort of “Gotcha!” on Obama, but:

A previous story incorrectly reported that Mitt Romney’s former firm, Bain & Co., was part of a team of consulting companies that advised President Barack Obama on a decision to shutter car dealerships during the auto bailout.

Bain & Co. said it has no connection to the “Bain Consulting” firm referenced in government documents.

And Steve Benen’s having a ball with Mitt’s latest defensive ad:

Mitt Romney has a new ad out this morning, which, in addition to moving the job-creation goal posts, defends the candidate’s private-sector business practices at Bain Capital. Hoping to bolster Romney’s record, the commercial highlights an Indiana company called Steel Dynamics.
...

What Romney doesn’t mention is that Steel Dynamics also received generous tax breaks and other subsidies provided by the state of Indiana and the residents of DeKalb County, where the company’s first mill was built. ...

The former governor, on the campaign trail, likes to tell voters that government “gets in the way of creating jobs.” Romney apparently didn’t feel this way when he relied on government handouts as part of his business deals.

The Steel Dynamics example is especially interesting — the community even had to levy a new income tax to help finance Romney’s venture.

Romney needs to better explain layoffs that occurred while he ran Bain Capital and express empathy for those workers

Yup, all the empathy in the world & $3.00 will get those workers each a cup of coffee.

Wow, that one commenter at Colonel Mustard’s joint had some interesting excerpts from this book to share. Hmmm.

No kidding.  Bain Capital’s tactics don’t appear to be any different, on a moral scale, from the sales of sub-prime loan derivatives that were classified as AAA investments.  And which helped to practically tank the economy in the process.  Easy to see how Bain Capital’s tactics could also have, on a larger scale, had a similar effect. 

(If you didn’t read the excerpt, basically they were buying profitable companies with debt, stripping out all the cash as dividends to their investors, taking on more debt based on the company’s prior earnings, stripping out all that cash as more dividends, then leaving the company to try and pay off all the debt with no resources and diminished earnings.  So, surprise!, a bunch of them went bankrupt.)

However this type of behavior does not really surprise me from someone who would even think of strapping the family dog to the roof of the car and sailing along the highway for a 12 hour trip while the poor mutt crapped himself with terror.

We ought to set up our own award to mirror the Pinnochios.

You know, we really should. What could we call them? The Truthies? The Hackies?

The rump(ie)s? The roast(ie)s?

Roasties would be good, although it’s making me hungry.

I’ve been trying to follow the demise of KB Toys.

Bain took it over in 2000, it went bankrupt in Jan 2004, then it went unbankrupt in August 2005.  At this time its new majority owner was PKBT Funding LLC so I’m presuming Bain sold it to them.  Around that time Bain Capital part purchased Toys R Us.  Then KB went tits up Feb 2009 and its brand and intangible assests were sold to….Toys R Us.  Big business FTW!

And no wonder Romney won’t release his tax returns.

Comment by Rebecca on 01/13/12 at 11:39 PM
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