Spotlight on Mitt Romney

Discussion in 'Elections & Campaigns' started by csbarry, Jan 14, 2012.

  1. csbarry

    csbarry New Member

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    As someone who lived through the Mitt Romney, 70th Governor of Massachusetts era, I feel compelled to let the rest of the Country know just what we've gone through since Mr. Romney sat in office and was shown the door. Oh yes, he was shown the door, in a manner of speaking. His decision not to run for a second term was a very clever preemptive strike to avoid an embarrassing loss in the next election, as his lieutenant governor eventually suffered.

    As a Presidential candidate, there are two critical phases of Mr. Romney's life one must consider. To begin with, there's his involvement with Bain Capital, which began as a private equity investment firm spun off from Bain & Company under Mr. Romney's direction in 1984. In the beginning, Bain Capital focused on venture capital opportunities. However, it wasn't long before Mr. Romney switched Bain Capital's focus from startups to the relatively new business of leveraged buyouts, that is, buying existing firms with money mostly borrowed against the assets of said firms, partnering with existing management to apply the "Bain way" to their operations, and then selling them off in a few years. It is claimed that this method is less hostile than those used in other leverage buyouts, but it is what it is; buying up companies to acquire its assets and then sell them off, with no regard for those involved. I have no intention of specifically indicting Mr. Romney on the following, but leverage buyouts were the processes by which many of you watched your pensions dissolve or otherwise disappear.

    Regarding his time as Governor of Massachusetts, Mr. Romney took his toll on its residents as well. Mr. Romney supported raising various fees by more than $300 million, including those for driver's licenses, marriage licenses, and gun licenses. He increased a special gasoline retailer fee by two cents per gallon, generating about $60 million per year in additional revenue. Although Mr. Romney closed tax loopholes that brought in some $300 million from businesses during his tenure winning him plaudits from the legislature, it is considered a trade-off for the state legislatures support in cutting state expenditures by $1.6 billion, including $700 million in reductions in state aid to cities and towns. The cuts also included a $140 million reduction in state funding for higher education, which led state-run colleges and universities to increase tuition by 63 percent over four years. Mr. Romney sought additional cuts in his last year as Massachusetts governor by vetoing nearly 250 items in the state budget, but all of them were overridden by the Democratic-dominated legislature. The cuts in state spending put added pressure on local property taxes; the share of town and city revenues coming from property taxes rose from 49 percent to 53 percent.

    Mr. Romney has most certainly put us between a rock and a hard place when it comes to medical insurance. Prior to 2003 and Mr. Romney's tenure, I paid approximately $3500.00 a year for medical insurance to cover both my wife and I. Our only out of pocket expense was a $15.00 co-pay per office visit. Today, I must pay approximately $5200.00 a year for what is basically the same coverage my wife and I have always had. In addition to the premium, there is a $2000.00 deductible that must be applied for all other services, save our annual physicals. Adding insult to injury, our co-pay for an office visit is now $20.00.

    Mr. Romney's mandate all but eliminated the competition within the medical insurance marketplace. His efforts also created unforeseen costs that are being passed along to the residents of Massachusetts. If you don't think Mr. Romney will attempt to mandate some kind medical insurance policy for one and all, you're sadly mistaken.

    It would be easy for someone to claim that I'm talking through my backside, but nothing could be further from the truth. What I haven't drawn from personal experience comes from Wikipedia.

    Please, Google Mitt Romney.
     
    RP12 and (deleted member) like this.
  2. NetworkCitizen

    NetworkCitizen New Member

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    Check it out, progressive establishment drones. Here's a chance to keep a Romney thread above all the Paul threads.

    hahaha

    Thx for the info, csbarry.
     
  3. MnBillyBoy

    MnBillyBoy New Member

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    As someone who lives in Mass. he should also say that Mass. residents still have a 70 % favorable view of their health care plan.

    People should also Google about that gun tax raise it as a DEMOCRATIC increase and Romney's was $ 25 dollars LESS but was over ridden by those pesky democrats.

    People should also GOOGLE Kennedy ..who lied and used that Bain argument 3 days before an election he was LOSING and it cost Romney because in those days people didn't do their own research.

    By the way your pensions are invested with Bain and you did just fine..HIGHER than the average.

    Wow.. he increased that gas tax..which was among the lowest and brought it in line with The NATIONAL AVERAGE in regard to ranking.

    FEE increases are NOT TAX INCREASES..they are TIED ONLY to those who use a service instead of charging every citizen a fee regardless if they use a service or not.

    He cut spending at the state level and FORCED LOCAL communities to justify local taxes increases for services..UNIONS and government wages..
    Blaming him for those increases is blaming the wrong person.

    When a local school board gives UNION TEACHERS raise after raise then cries for additional state monies it is NOT FAIR to those who held the line on their spending.When local people cannot win elections without just passing the blame higher up we get a huge National debt.

    What has the Democrat governor done after Romney..

    GOOGLE THAT.
     
  4. csbarry

    csbarry New Member

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    How 'bout we suggest people Google for a listing of people that go off half cocked and pull crap out of thin air?
     
  5. csbarry

    csbarry New Member

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    It really is too bad that people can't Google up a list of those who continually post crap, otherwise we might be able to avoid reading or listening to the ramblings of the ill-informed.
     
  6. csbarry

    csbarry New Member

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    Dear Moderator; what's the matter with my posts ... not what you want to see?
     
  7. csbarry

    csbarry New Member

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    It really is too bad that people can't Google up a list of those who continually post garbage, otherwise we might be able to avoid reading or listening to the ramblings of the ill-informed.
     
  8. MnBillyBoy

    MnBillyBoy New Member

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    Fine but you better be able to do better than this.
     
  9. csbarry

    csbarry New Member

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    I think that's a pretty good way of putting it; you'd come out on top of the list.
     
  10. MnBillyBoy

    MnBillyBoy New Member

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    Check your credit scoreboard grasshopper.
    You have a ways to go..since you dont say anything.
     
  11. csbarry

    csbarry New Member

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    I could die tomorrow and the scales of value will tip in my favor long after you submit your last piece of trash.
     

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