Romney bets on the US mass media buying his Big Lie.

By making debt the centerpiece of his campaign, Romney was making a calculated bluff of historic dimensions – placing a massive all-in bet on the rank incompetence of the American press corps. The result has been a brilliant comedy: A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place. That same man then runs for president riding an image of children roasting on flames of debt, choosing as his running mate perhaps the only politician in America more pompous and self-righteous on the subject of the evils of borrowed money than the candidate himself. If Romney pulls off this whopper, you'll have to tip your hat to him: No one in history has ever successfully run for president riding this big of a lie.

A takeover artist all his life, Romney is now trying to take over America itself. And if his own history is any guide, we'll all end up paying for the acquisition. [emphasis mine]

Greed and Debt: The True Story of Mitt Romney and Bain Capital

Tags: Bain Capital, Big Lie, Mitt Romney, Rolling Stone

Views: 38

Replies to This Discussion

Matt Taibbi's article is nothing short of brilliant.

Problem: how many people will pay attention to it, especially: how many undecided voters?

That's right - who is paying attention now a days? Seems like no one is!

Somehow the Republicans of today conflate social equity with socialism. That's an interesting hypothesis of how they interpret their destruction of democracy.

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