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Rush Limbaugh said the Romney equated Bain Capital actions with Obama's GM actions
January 11, 2012 | Ralph Mitchell

Posted on 01/11/2012 2:25:35 PM PST by mitchell001

Today, Rush Limbaugh said a Politico writer saw Romney on CBS today. Romney equated Bain Capital's mode of operation to be the same as what Obama did to retool General Motors. Rush said to pull the car over to curb, before I tell you the above. He could believe that Romney would say this and step into this dodo. Maybe Newt is correct about Romney's inability to debate Obama? Did anyone else hear Rush talk about this today or see the segment with Romney on CBS?


TOPICS: Politics/Elections
KEYWORDS: bain; gingrich; limbaugh; romney; vanity

1 posted on 01/11/2012 2:25:48 PM PST by mitchell001
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To: mitchell001

It’s on The Blaze. He made the comparison.


2 posted on 01/11/2012 2:27:37 PM PST by edpc (Wilby 2012)
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To: mitchell001

Newt sure got results with his fake to the left and his hard curve ball to the right again, ha? I love it.


3 posted on 01/11/2012 2:28:52 PM PST by sheikdetailfeather ("Kick The Communists Out Of Your Govt. And Don't Accept Their Goodies"-Yuri Bezmenov-KGB Defector)
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To: mitchell001

Romney likens work at Bain Capital to Obama’s auto industry bailout

http://thehill.com/video/campaign/203497-romney-likens-work-at-bain-to-obamas-auto-industry-bailout

Newt Romney can just debate himself, depending on what month it is.


4 posted on 01/11/2012 2:30:37 PM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: mitchell001

I hope 10 months is enough time to perfect how I will hold my nose when I have no other choice but to vote for Romney.

He stinks. I just can’t bear the thought of sitting on the sidelines and allowing the WORST President ever another 4 years. The thread this country hangs by is one SC Justice.
Look at the knuckleheads this idiot has appointed.


5 posted on 01/11/2012 2:31:54 PM PST by LeonardFMason
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To: mitchell001
Yep I heard him and agree with him . . . on both points he was making. Newt is channeling the Democrats in attacking Mitt on Bain Capital and Mitt is saying "Look at me, I did the same thing that Obama did with GM."

Both men make me want to puke . . . or throw up my hands in despair. How can you win when you are arguing in support of the Democrat agenda? Republicans don't want to win in November, I guess.

If Newt or Perry or Santorum wins the nomination, then Democrats will be able to bash capitalism and free market ideas using their own statements. If Mitt wins the nomination, Democrats will be able to attack him using other Republicans' statements.
The entire Republican field has self-destructed in a single week of cannibalism.

The best thing we can hope for now is a brokered convention. Perhaps we can get Ryan or Cantor or some other conservative. I don't know. Maybe the summer gasoline prices will defeat Obama, because I am--for the first time--beginning to doubt if the Republicans have it in them.
6 posted on 01/11/2012 2:35:15 PM PST by Sudetenland (Anybody but Obama!!!!)
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To: mitchell001
Maybe Newt is correct about Romney's inability to debate Obama?

How can Romney debate on the topic when he agrees with Obama on it?

7 posted on 01/11/2012 2:35:44 PM PST by MamaDearest
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To: LeonardFMason

Did u see what Romney did as gov. when it came to appointing sup. court judges?

He is NO BETTER than Obama......PERIOD.


8 posted on 01/11/2012 2:36:27 PM PST by swampfox101 (s)
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To: mitchell001

Probably just trying to defuse Obama’s inevitable demonization ahead of time. It was the wrong time and political party for this particular justifiation, though.


9 posted on 01/11/2012 2:38:31 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: edpc

As I heard the clip, I made a distinction between the concept that the government lost millions of jobs when it took over GM, and did not hear any comparison at all. Just me. I think Rush was off on this one, and I’m no fan of the Mittster.


10 posted on 01/11/2012 2:40:27 PM PST by LS
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To: mitchell001

He didn’t quote politico. He quoted The Hill.


11 posted on 01/11/2012 2:44:13 PM PST by MestaMachine (obama kills)
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To: Sudetenland

http://www.freerepublic.com/focus/f-news/2831602/posts

Are you sitting down? If you’re driving, you might want to pull off to the side of the road here. “[S]peaking Wednesday on CBS, Romney said that what he did [with Bain Capital] was no different...” Are you sitting down? Are you paying very close attention? Look at me. Do I have you here? According to TheHill.com and Jonathan Easley. Today on CBS, “Romney said that what he did [with Bain Capital] was no different” Dadelut dadelut dadelut! from what Barack Obama did bailing out the auto industry. Thud! Kerplunk! You’ve got to be kidding me. The next paragraph is a quote from Romney. Are you still sitting down?

“In the general election I’ll be pointing out that the president took the reins at General Motors and Chrysler — closed factories, closed dealerships, laid off thousands and thousands of workers — he did it to try to save the business.” So TheHill.com is reporting that Romney on CBS today said that what he did with Bain Capital is no different than what Obama did in taking over the auto companies. Obama had to lay people off; Obama had to streamline the place to make them profitable. So he’s accepting the premise that Newt and Perry have put out there, apparently, that he has gone into these companies with a chainsaw — and now he is using Obama and what he did at General Motors and Chrysler as: Hey, the president did it! Now, General Motors and Chrysler are not profitable, and... (sigh)


12 posted on 01/11/2012 2:49:52 PM PST by MestaMachine (obama kills)
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To: LS
"In the general election I’ll be pointing out that the president took the reins at General Motors and Chrysler — closed factories, closed dealerships laid off thousands and thousands of workers — he did it to try to save the business,” Romney said Wednesday on CBS. “We also had the occasion to do things that are tough to try and save a business."

True, he didn't say, "it's just like what Obama did." However, when you point out the GM and Chrysler situation and follow that with "we also," it's a fair assumption to say he's making the comparison to Obama's takover and Bain business practices.

He follows that up by saying he's going to cut Washington down to size and it's too big. I don't have a problem with either, but it plays into the distortion of his latest "I like being able to fire people" comment.

In a very short span, he's provided a lot of ammo. Not very deft. On the plus side, maybe that'll wake some people up during the upcoming primaries. He's not the guy we need.

13 posted on 01/11/2012 3:01:15 PM PST by edpc (Wilby 2012)
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To: MestaMachine
Romney and Obama: The Same Guy?

Snips: When it comes to their records and personal traits, the similarities (listed) are undeniable.

But what really makes them so similar is each man's record. It's true that Obama is pro-choice and Romney isn't. And Romney says he'll repeal Dodd-Frank -- the financial-sector regulation that Obama signed. But on the big-ticket issues of the Obama era, it's harder than you'd think to find issues on which Romney would have gone a different way.

TARP
Obama is the only person to vote for the Troubled Asset Relief Program as a senator and then oversee it as president. Romney's stance? In 2010 he told Fox News' Neil Cavuto that bailing out the banks "was the right thing to do" because it was "an investment made to try and keep a collapse of our entire financial system from occurring."

Stimulus
Romney has consistently sounded the common refrain that the stimulus "didn't work," but in 2009, a couple of weeks before Obama's inauguration and a couple of months before passage of the American Recovery and Reinvestment Act, Romney told CNN's Wolf Blitzer that "I think there is a need for economic stimulus. Americans have lost about $11 trillion in net worth" and "government can help make that up in a very difficult time."

Payroll-Tax Cut
On the one piece of Obama's jobs package that he's been able to get passed -- the payroll-tax cut -- Romney is still with Obama. He called for a payroll-tax cut in his 2009 USA Today op-ed that also called for renewing the Bush tax cuts and creating tax credits for small businesses to hire employees. Obama did both.

GM Bailout
Though Romney is known for his widely read New York Times op-ed titled, "Let Detroit Go Bankrupt," if you've actually read it, you know that he argues for the same kind of structured bankruptcy that Obama required as a condition for loaning GM the money that it used to recently retake its place as the world's number one seller of automobiles.

Obamneycare
As GOP presidential also-ran Rick Santorum wrote in this week's National Review, "The Romneycare individual mandate is essentially the same as the Obamacare individual mandate." But you already knew that.

14 posted on 01/11/2012 3:08:28 PM PST by MamaDearest
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To: mitchell001
.


Rush Limbaugh ...


There's substantial evidence (as reported by the Wall Street Journal) that Mitt Romney-Bain Capital "did in fact" financially "rape and pillage" some corporations ...

WITHOUT A THOUGHT to cleaning up their business.

Care to argue with Wall Street Journal about that ?



Newt Ginrich's Press Release today (2012-01-11) about Mitt Romney and Bain Captital's "Vulture Capitalism" ....


Spartanburg, SC – Newt 2012 released the following statement from Press Secretary R.C. Hammond responding to misleading reports on an exchange Newt Gingrich had with a voter in Spartanburg, SC


Regarding Mitt Romney’s record at Bain Capital (during which the phrase “I crossed the line” was never uttered from Newt, despite the headline from Politico):

“This issue at hand is neither about Bain Capital, private equity firms, nor about capitalism.

It is about Mitt Romney’s judgment and character. It was Governor Romney’s decision to base his candidacy, in large part, on his background as a portfolio manager.

Thus, it is entirely legitimate to ask questions about whether he is accurately presenting how he conducted himself during that career.

“Reports by the Wall Street Journal and others contradict Governor Romney's claims that it was his goal at Bain Capital to make companies more successful.

In fact, there were cases where Bain Capital made huge profits and left companies bankrupt.

Further reports have cast doubt on Governor Romney's claim that he was responsible for 100,000 jobs being created thanks to his work at Bain Capital.

“Instead of accepting the responsibility to answer questions about his business background, the Romney campaign is throwing up a smokescreen about an attack on capitalism.

That’s just more pious baloney from Mitt Romney and his campaign.”


====================================


As usual, Newt Gingrich "nailed it" perfectly ...

We're now (breathlessly) waiting for Mitt Romney's response ...

... including releasing his Federal Income Tax Returns ...




.
15 posted on 01/11/2012 3:08:56 PM PST by Patton@Bastogne (Newt Gingrich and Sarah Palin in 2012 !)
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To: MestaMachine
"Hey, Obama did the same thing"

I have to hand it to Newt. Without even releasing the supposedly offending film yet, he has induced Romney to shove both feet in his mouth.

Of course Obama did the same thing. He fired thousands, he bankrupted innocent pension funds that held GM debt. He also walked away, just like Romney did, as the "target" (GM) fails, and GM is failing.

Tomorrow it will be "RomneyCare is OK. Obama did it too!"

This are the best reasons NOT to vote for Romney.

"I can wreck America just like Obama. Look at my record. It's the same as his!" - Mitt Romney

16 posted on 01/11/2012 3:10:59 PM PST by Praxeologue
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To: MestaMachine

Rush has been talking about both sides of his mouth between today and yesterday.

Newt was correct to point out Mittwit’s hypocrisy in standing as a white knoight helping failing businesses, whenh he was actually looting them. The costs got transferred to others(unemployment payments to unemployed workers and bankruptcy robbing from providers of goods and services to the lotted company)while Romney and his cohort pocketed the cash assets.

That is not a model of capitalism.

Capitalism builds and looting destroys.

Rush stepped in it yesterday, sayign that Newt was pulling a Perot, in it only to punish Romney. I thought he would apologize for that today, but he reveled in the attention his quote got on the cable TV news last night. In fact, the Dems and RINOS used Rush’s quote ad nauseum to make their point in slamming Newt for pointing out a legitimate weakness of Romney’s.

Today, he tried to equivocate by criticizing Romney, who daid he was doing the same thing as Obama in “saving” GM. Romney completely mischaracterized what Obama did, and Rush said so. But by doing so, Rush not only demonstrated the fatal weakness of going with Romney, but the ridiculous position he took yesterday against Newt.

Newt was right. Rush was wrong. And nuance has nothing to do with it.

Romney was a looter, and you cannot build an economic model of growth on looting. Romney lies again, and gets caught, and everyone is yelling at Newt.

UFB.


17 posted on 01/11/2012 3:18:55 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: exit82



Capitalism builds and looting destroys ...

Romney was a looter, and you cannot build an economic model of growth on looting. Romney lies again, and gets caught, and everyone is yelling at Newt.



That's the EXACT POINT ... The Wall Street Journal reported (as a fact) that Mitt Romney - Bain Capital often took businesses ...

.. and then (literally) financially raped-and-pillaged them ... broke them up for re-sale ... and then FIRED hundreds of employees ...

INSTEAD of trying to help get them profitable and healthy again ...

while Mitt Romney and his E-RINO buddies added to their $ 190 million dollar personal fortunes ...

Don't take my word for it ... read about it in The Wall Street Journal ...




Do you know the difference between Bill Gates and Mitt Romney ?

Bill Gates "developed" Microsoft Software products (Word, Excel, Powerpoint) that GENUINELY helped mankind ...

Yeah ... Bill Gates wasn't a "Mother Thersea Businessman" ... and the software often had problems ...

but ... it is UNDENIABLE that Bill Gates "made a POSITIVE difference" ... as he agressively pursued his CAPITALIST dreams ...

"Good For Him" ...



Mitt Romney ... A (general) political failure ... more devious than Bill Clinton ... was afraid to run for a second term as Mass Gov.

Mitt Romney ... the businessman ... unlike Bill Gates ... never really did anything POSITIVE ...

Instead Mitt and his E-RINO legal-eagles MANIPULATED their way into struggling businesses ... and after they had bought them ... promptly took EVERY NICKLE they could get ... most of the time ...

And the few times they tried to rescue the stuggling companies ... Mitt and his buddies SCREWED it up themselves ...

With a $ 190 million dollar fortune at his finger-tips, you'd figure that PIOUS Mitt Romney would have an IMPRESSIVE list of charitable donations ...

echoing the charity of Bill Gates ...

especially with the "Mr. Mormon Kinda-Christian" gig that PIOUS Mitt Romney desperately clings to ...

Sadly ... Mitt's favorite hobby is keeping his EGO inflated as he spends tens-of-millions running for President ...



.
18 posted on 01/11/2012 6:36:09 PM PST by Patton@Bastogne (Newt Gingrich and Sarah Palin in 2012 !)
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