That’s the motto of the GOP in general, and Mitt Romney and Bain Capital specifically (source: JoeWo) –
POLITICO: It’s a story line from a tough Democratic ad that was teed up for use against Romney in his 1994 Senate campaign in Massachusetts. The spot, which was provided exclusively to POLITICO, never actually aired. But it’s all but certain that some version of its allegations will surface in the GOP primary or the general election, if Romney makes it that far.
[...] “The way the company was rescued was with a federal bailout of $10 million,” the ad says. “The rest of us had to absorb the loss … Romney? He and others made $4 million in this deal. … Mitt Romney: Maybe he’s just against government when it helps working men and women.”
The facts of the Bain & Co. turnaround are a little more complicated, but a Boston Globe report from 1994 confirms that Bain saw several million dollars in loans forgiven by the FDIC, which had taken over Bain’s failed creditor, the Bank of New England.
Union “stooges” sure don’t get those kinds of deals! Here’s how Mitt sees the non-wealthy, the plebs, the ones who get to cover the losses (and the executive bonuses) for vulture capitalists like him:
socialistexan: And Ted still beat him.
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