For those who watched Mitt Romney's concession speech,
it is easy to understand how even one of his biggest detractors like MSNBC’s Chris Matthews on Morning Joe said in the most
positive way that his speech was “a piece of wonder.” His words were magnanimous and kind to the
president without the smallest trace of partisan rancor we have so often seen in
his campaign. In short, Romney came across
as a man of character. It’s just too bad that none of this character was on
display during the campaign!
In my view, Romney could (and should) have been
disqualified from ever being president based on character issues alone!
Where to begin?
Back in February of this year, I posted Is
Mitt Romney a Vulture Capitalist? seeking to answer questions about how
much harm Romney and Bain Capital may have inflicted on companies and their
workers while lining their pockets through their leveraged buyouts. Yes, there were the videos on display during
the Republican primaries where workers told their stories on how they lost
their jobs when Bain took over their companies.
But I couldn’t find any writings that really did a good job to explain
the workings of these leveraged buyouts and how they hollowed out these
companies.
But then a friend sent me a link to Matt Taibbi’s 8/29 Rolling
Stone feature article Greed
and Debt: The True Story of Mitt Romney and Bain Capital. And
after taking the time to read this rather lengthy article, I was (and still am) mad as hell!
I am convinced that Taibbi has done the best job of all the
articles I have read in explaining the workings of the leveraged buyouts (as
opposed to startups like Staples) that
Romney along with Bain specialized in. If you haven’t already, I hope you will take the time to read it.
If Taibbi is right, Romney and Bain come across as little
more than merciless predators to the companies they took over. The usual
M.O. cited by Taibbi was that Bain first bribed the upper management of a
company with lucrative bonuses to step aside and cooperate with the “friendly”
takeover. Then Bain would saddle the company with massive debt and management
fees which forced the companies to do massive layoffs to try and survive. The
sole purpose of all of this was to make money (which Bain seemed to do whether
the company survived or not) with the
welfare of the workers not even the least of their concerns. So much
for being a job creator! But the icing on the cake is the assertion that
without the preferential tax treatment these transactions received, Romney and
Bain would have had a much harder time making a profit from all of this.
Of course, it was more difficult to see what happened in detail along with how
Romney profited from all of this since he refused to release his tax returns
from those years.
If the Bain experiences aren’t enough all in themselves to
prove a lack of character, then there are the many and legendary flip-flops in
his positions through the years. While
running for senator and later governor in a liberal state like Massachusetts,
he had to persuade the electorate that he was a moderate (if not liberal)
Republican to have any chance of being elected.
And while Romney clearly had strong ambitions for the
presidency, he was faced with a dilemma.
He was a moderate but the litmus test for securing the Republican
nomination in 2012 was to be as hard-right of a conservative as possible. So the only choices were either to do the
honorable thing and bow out like Chris Christie, Jeb Bush and others who were
literally begged to run but didn’t because they knew they were not hard-right
enough. Or make wholesale changes in his
political positions to try and fit in with the hard-right.
So this begs the question of whether Mitt Romney’s true core
beliefs (assuming he has any) are more like the moderate Mitt from
Massachusetts or the severely
conservative Mitt he claimed to be during this presidential campaign. Perhaps the best clue to an answer comes from
Mitt’s father, George
W. Romney a moderate (and sometimes liberal) Republican governor and presidential
candidate who by all accounts served as a role model for Mitt.
If this is so, then the only conclusion is that Mitt Romney
essentially won the Republican presidential nomination by pretending he was
someone he was not – no points for
character here!
Perhaps the clincher on the character issue is the amount of
deception Romney used in his campaign.
While deception and political campaigns are hardly mutually exclusive,
many long time political observers feel that Romney was in a class by himself
when it came to deception. When numerous
fact checking organizations pointed out the outright deception in some of the
ads, the Romney campaign not only refused to pull the ads but often doubled
down on what they said. While the avid
political junkies may follow the fact-checking columns, the Romney campaign
likely figured that the person without the time or inclination to study the
issues wouldn’t know – or care.
But late in the election and losing in the polls of the
all-important swing state of Ohio, a desperate Romney campaign resorted to intentionally
misleading ads on the Obama auto bailout and whether Jeep was preparing to
relocate jobs from Ohio to China as reported by The Christian Science Monitor article, Is
Mitt Romney ad on Jeep jobs misleading?
[Reaching] the crux of the matter. “Obama took GM and Chrysler into bankruptcy and sold Chrysler to Italians who are going to build Jeeps in China. Mitt Romney will fight for every American job.”
Here’s the clever aspect of this: Taken apart, each clause in those two sentences is true, or at least defensible. But put together, they’re implying that Mr. Obama’s actions have led to Jeep jobs jumping to Beijing. That’s not true. It’s an assertion that the fact-checking website Politifact says “throws reality into reverse.”
This was so outrageous that even the Chrysler/Jeep CEO took
the rare step of entering the fray by personally refuting
the Romney campaign ad. But the ad
was never retracted. At that point, it didn't really matter. It was the straw that broke the camel’s back. Perhaps the electorate of Ohio could be
misled on a number of issues but on the vital issue of automotive industry
jobs, nobody was fooled and Romney was toast in Ohio which sealed his fate in
the overall election.
So even though I disagreed with Mitt Romney on most policy
issues, I still based on character
issues alone feel that he had no business even getting close to being in the
White House – unless he has a ticket to
take the tour!
So the reader may ask why we should made a big deal of all of
this. After all, Romney did lose and
this can be seen as just piling on. But
campaign managers tend to be copycats.
Whatever worked before will surely be worth trying again. If Romney’s campaign of lies and constant
position changes had succeeded, it may well have served as the blueprint for
future campaigns on both sides of the aisle. Now that is a scary and depressing thought!
Post Script - November 15, 2012
So now it looks like that gracious concession speech Romney made wasn't for real either when in a conference call to some of his donors, he essentially accused Obama of bribing voters to secure his victory.
Check out this NYT op-ed by Andrew Rosenthal Romney Blames Loss on Obama 'Gifts' which I think sums things up pretty well.
Post Script - November 15, 2012
So now it looks like that gracious concession speech Romney made wasn't for real either when in a conference call to some of his donors, he essentially accused Obama of bribing voters to secure his victory.
Check out this NYT op-ed by Andrew Rosenthal Romney Blames Loss on Obama 'Gifts' which I think sums things up pretty well.
Now we know that Mitt Romney did not “misspeak” when he whined to a big-money crowd that 47 percent of Americans mooch off government and “believe they are victims.” He meant precisely what he said.
In a post-mortem call with his biggest donors on Wednesday, Mr. Romney said his team ran a “superb” campaign...and that he lost because President Obama showered voters with “gifts.” By voters he meant black, Hispanic, female and young voters. And by “gifts,” he meant government money that is not spent on tax breaks and other incentives for big companies and rich people.