Free Republic

The Republican Women's Club of Duval, in a straw poll, chose Mitt Romney as the most qualified candidate for vice president for the Republican Party. In the Florida primary, Northeast Florida voted for Romney by a 3-1 margin over John McCain. Immediately after the poll, President Betsy Young called on me to present a resolution urging McCain to select Romney as his running mate. Romney possesses a proven fiscal record at Bain Capitol where he made household names of corporate giants - Staples, Domino's and Office Depot. In 2002, at Salt Lake City, Romney rescued the U.S. Olympics from a...

SAN ANTONIO - Shares of Clear Channel Communications Inc. plummeted in late trading Tuesday, following a report that the media company's private buyout is on the brink of collapse. Shares fell $1.89, or 5.5 percent, to end regular trading at $32.56, then fell 21 percent in after-hours trading to $25.82 — far below the $39.20 per share the buyout firms promised shareholders. The Wall Street Journal reported on its Web site Tuesday that the private equity firms leading the $19.5 billion buyout were having difficulty reaching terms with the banks committed to financing the deal. The report cited unnamed people...

As the $2.2 billion merger between U.S. network-equipment giant 3Com and the Chinese firm Huawei Technologies collapsed this week, Chinese Foreign Ministry Spokesman Liu Jianchao could be heard calling for a "fair and favorable environment for Chinese enterprises in the United States." From a government that engages in extensive military and commercial espionage in the United States — four alleged operatives were just arrested passing U.S. military command-and-control technology to the People's Republic — a cry for principle on mergers with security relevance is beyond belief.

It was Just announced on Lou Dobbs show that Bain Capital Investment withdrew its application for a proposed take over of 3 com corporation. The company in charge of firewall, and anti-hacking software for the Department of Defense!!! I have never seen Lou Dobbs so elated he called it a victory for American interests, and proof that the system can work when our public servants work in the interest of the American people. It was reported that Bain withdrew the proposal when it became obvious the Committee On Foreign Investment was not going to approve it because it was a...

Originally, there were to be three acceptable choices the right-wing media elites would champion. All three had large corporate backing and each had their group of insiders on K street. Unfortunately, once the posturing was over and the voting began, the Republican primary attendees had the unmitigated gall to vote for someone who wasn’t one of “The Chosen.” Things were further complicated when one of the triumvirate decided he would rather play the part of a District Attorney on TV then a presidential candidate in real life. Another acceptable candidate took a cue from his fellow New Yorkers and retired...

WASHINGTON (CNN) — Congressman Duncan Hunter, R-California, who is running for President, called on Mitt Romney, another GOP candidate, to take a public stance on the proposed partnership between the private equity firm Romney founded and a Chinese-based company. Before running for Governor of Massachusetts in 2002, Romney was the CEO and founder of Bain Capital Partners, a highly successful venture capital and investment firm based in Boston which currently manages more than $50 billion in assets, according to the company's website. Last month, Bain Capital and China's Huawei Technology purchased 3Com in a deal valued at $2.2 billion. The...

The board of directors at Clear Channel Communications (NYSE: CCU) finally decided to endorse a $19.35 billion buyout package that is nearly identical to the one it rejected last month. Bain Capital (founded by Republican presidential hopeful Mitt Romney) and Thomas H. Lee Partners won with an offer of $39.20 per share, up from the $39 offer the board rejected in April.