Midday open thread



  • Mitt Romney makes the case for a reality-based economic policy, and then proceeds to explain why you won’t be getting one from him:

    In a new strategy aimed at identifying with the common man, Mitt Romney touted the strength of his business acumen as an important trait qualifying him to be president of the United States.

    Speaking to a group of students and administrators at Ohio’s Otterbein College Friday, GOP presumptive nominee Mitt Romney went into detail about his past at Bain Capital and how this experience gave him the know-how to run the country.

    “The impact of gathering facts, gathering information, learning about the reality behind the words, has proved to me, in the business sector, that facts are more important than words and that results are more important than words,” he told the crowd.

    “You will hear words from people running for office that sound great. But sometimes what people say is not a perfect example of what they’re going to do.”

    People like Mitt Romney for example.

  • Need proof? How about this:

    Romney says he wants to put the nation on a path to a balanced budget while also cutting an array of taxes, building up the Navy and Air Force and adding 100,000 active-duty military personnel. He says he would slash domestic spending and reduce tax loopholes but has offered few details.

    Cut taxes for the rich, cut spending on investment in people and infrastructure, increase military spending and whammo: balanced budget. Like Mitt says, don’t believe anything he says because the facts are always the opposite of whatever he says.

  • Completely ignoring facts yet again, the Romney campaign once again tried to take credit for saving the auto industry:

    “Consider that the crown jewel. The only economic success that President Obama has had,” Fehrnstrom said, “is because he followed Mitt Romney’s advice.”

    Mitt Romney is simultaneously for President Obama’s auto bailout and for letting Detroit go bankrupt. Is anyone surprised?

  • Speaking of Bain Capital, the Obama Super PAC goes after Romney. The ad is running in Florida, Iowa, Ohio, and Virginia, but the size of the buy is unknown. (video above)
  • Bain Capital is getting into the drug rehab business. Big time:

    In February 2006, Bain purchased an outfit called CRC Health Group for $ 723 million and proceeded to go on a shopping spree, snapping up nearly 20 new facilities over the next two years. The company took a breather during the financial crisis, but in 2011 resumed its buying binge with the purchase of some smaller treatment centers.

    Rehab, it turns out, is a pretty good business. CRC’s flagship facility, Sierra Tucson in Arizona, charges upwards of $ 30,000 for a 30-day stay. And with Hollywood and the sports world providing a seemingly endless supply of customers (Sierra Tucson has treated Michael Douglas, Ringo Starr, and Tiger Woods, among others), there’s growth potential too.

    You and I see broken lives and intense personal struggles that require caring and understanding. But the boys at Bain see substance addiction and think “KA-CHING!”

  • Sen. Rob Portman seems to be the consensus choice of the media establishment for Romney’s VP candidate. You’ll notice they never actually talk about Portman and his record or qualifications. That makes Vice President Joe Biden’s recent comments about Romney’s foreign policy weaknesses very timely. A Portman choice leaves us with a Republican Party ticket that has next to zero foreign policy experience. Should events in the world come to the forefront in this election, this could prove pivotal considering Romney’s hamfistedness and lack of direction when it comes to foreign policy.




Daily Kos

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