Bain Capital Owns Clear Channel (Limbaugh,Hannity, Beck, Savage, Etc.)

....taxpayer being required to bail out pension funds that they underfunded considered “private business success?”

-——that is not the only source of their success. Staples organic growth, Dunkin Donuts, Burger King. Sometimes companies have miserable management and need to be bought and fixed. I’ve been in companies that fit that description and were taken over.

He won’t make anybody in Washington afraid if he is attacking Wall Street — Was that a typo?

Not a typo but not as clear as it should have been. What I meant to say is that the puppetmasters in Washington are happy to offer Wall St as a target. Remember Obama and the pitchforks? Washington elites want to cut Wall St down to size to reduce a rival center of power in America. That’s cookie cutter socialism. They would be happy to cream both legitimate and crooked capitalistic institutions. We need to reduce the size of government first and reform it. That will reduce that half the crony capitalism equation. If government were not dysfunctional (SEC investigators watching porn on the job.....) Wall St would not have gone off the rails as it has. If the candidates are not focused like a lazer on dysfunctional government then they are off course.

Newt gave a speech demanding that Fannie and Freddie NOT be bailed out by the taxpayer in 2008.

-——and yet just 2 years earlier he was defending them against Republican efforts to reduce and regulate them.
...
In 2006, Gingrich was hired again on a two-year contract that paid him $300,000 annually, again to provide strategic advice while the company fended off attacks from the right wing of the Republican Party.

Freddie Mac and Fannie Mae for years had been under scrutiny from Republicans on Capitol Hill who opposed government involvement in the mortgage business and wanted to scale back the companies’ size and impose tough regulation.

http://www.firstcoastnews.com/news/article/226941/11/Gingrich-Defends-Big-Contracts-with-Fannie-and-Freddie

As I understand it, Newt is a tax credit guy. He wouldn’t give taxpayer money away to companies but he may give tax breaks to help promote stuff like American energy development.

—— Again, reduce the size of government dramatically. Focus on the government and how badly they have screwed every sector they touch. Tax credits are just an invitation to for congressmen to take money from crony Wall St. crooks and buy with insider knowlege. Don’t give tax credits to select winners and losers (most likely losers e.g. chevy volt, solyndra, fiskars electric car.) Just reduce out of control regulation and let companies profit or lose.

As a side note, KFYI in Phoenix, owned by Clear Channel, took JD Hayworth off the air when McCain complained back in the 2010 Senate Primary. JD Hayworth had not declared his candidacy and I don’t believe that he was actually going to.

For there to be a Clear Channel, Bain, Romney, McCain, connection explains alot. I didn’t know the connection at the time.

The local guys on KFYI are a bunch of suck up RINOS on the local issues. Don’t tell me Clear Channel does not have any effect.

C. Edmund, I still think you might be being rather idealistic in your take on how politically indifferent guys like Rush and others can be in their relationships with Clear Channel. SEE Biz’s post #122. I know, I know, you’ll probably come back with your usual “You dont have any idea how capitalism/the radio biz works,” blah blah blah, but as a matter of fact, I DO. That’s why I think you’re being idealistic, and that it is certainly at LEAST wise and realistic to consider the relationship between Bain, Romney, Clear Channel, and Rush — more to the point, it is certainly FOOLISH to ignore it.

As requested, I didn't ping CEW on this, but consider his words and what they reveal about his assumptions on what lies behind many of OUR thoughts on why it makes sense to at least consider that the fact that Bain owns Clear Channel, and Romney owns Bain, may influence how Rush Limbaugh will/won't openly attack to defeat the clearly STATIST, anti-conservative Romney:

Indulge yourself in this unusual mix of class envy, wealth ignorance and conspiracy ...

Just ... wow. The guy is so far off target and holds me, as well as many others here, in such fiercely insulting contempt and on such WRONG premises, that it's both tragic and frightening.

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