Bain Capital’s brand of capitalism…

Well…interesting research in the papers today that revealed some facts about ole Mitt’s tenure at Bain…and his new stump speech claiming that, while at Bain, the company never took any “bailouts” or government assistance of any sort. Mitt, Mitt, Mitt…I really don’t understand how you guys don’t understand that there are records out there, that things can be fact checked…and this one is just a huge lie…in two instances, Bain was bailed out of debt by the government…once with the FDIC forgiving 10 million dollars that was owed…and the other when they killed a steel company and then dumped the pension liabilities on the government to the tune of 45 million dollars while the execs at Bain walked away with 10 million in bonuses…yep, that’s ole Mitt’s form of capitalism…swoop in, gut a company, and then profit from pushing the liabilities of those companies on the taxpayers. I don’t see this as any different from any other bailout that happened over the past few years…just another case of the rich taking advantage of the system to steal from you and me…geez…

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