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Where Is the Bounty on The Mitt Romney Sex Scandal?

The ObamaRomneyCare campaign has put a bounty on further scandalizing Speaker Gingrich in a series of cheap scandals by offering a bounty of $1.6m for a dpcument dump. From mittromney.com:

Newt Gingrich’s Freddie Mac contract raises more questions than answers. His secrecy about his lobbying for Freddie Mac is troubling. No amount of bluster will hide the fact that Newt had his hand in Freddie Mac to the tune of $25,000 a month.

In other words, RomneyCare is offering to invite the same kind of forgeries that the previous liberal from Massachusettes to run for President, John Kerry, tried to foist on President Bush about his service record, but he’s only willing to spend a few weeks’ salary on it.  Zales would be disappointed. And his accusation of $25,000 is, according to his own view of income, is a rounding error to begin with. Why so upset now?

So, I’m wondering: where’s the bounty on Magic Underwear RomeyCare’s sex scandal. Is he really that squeaky clean? If so, won’t a $1.6m bounty invite someone to just make something up, as he’s trying to do with Speaker Gingrich? Obviously, RomneyCare went to great lengths to bring this campaign into the sewer in a failed attempt to avoid defeat in South Carolina. Live by the sword, die by the sword.

COMMENTS

  • Ender

    Really? You had to go there? Disgusting.

    • Justin Spagnolo (standardcandle)

      SEE HERE for an explanation on why that’s distasteful regardless of Romney’s candidacy.

      • Justin Spagnolo (standardcandle)

        Honestly I get that you’re upset about this, but ask yourself this, “If a record exists, wouldn’t it be better to know now, not later?”

        As for “Magic Underwear”… No other term could prove to me your religious bias and your ignorance quicker than attempting to mock sacred beliefs of Millions of people world wide to make a political point.

        Use your brain, you’re smarter than this, I’m sure of it.

        • texastaxpayer

          :o

          • Justin Spagnolo (standardcandle)

            nt.

      • Jochanan

        Kind of politically correct crap is this? I must be at Daily Kos.

        • Justin Spagnolo (standardcandle)

          demanding Political Correctness, and demanding common decency…

          I didn’t call for your censorship… I just called you out for your indecency.

      • ethos

        You’ll find nothing

  • texastaxpayer

    I am sick of Romney using his pacs to use outright lies to attack his competitors. The attacks and lies Romney and his ilk used on Perry where disgusting. I am more than happy to support some karma.

  • Justin Spagnolo (standardcandle)

    Both Newt and Romney’s SuperPACs are slinging mud, the candidates have no control over that, by law they’re not allowed to get involved with what the SuperPAC puts out there.

  • Tbone

    out of their jobs at companies Bain pillaged.

  • avagreen

    for…..30 years(?)
    Has he ever refuted what they said, or asked them to quit writing what they wrote?

    If not, what’s the dif between Romney’s lying PAC’s and Paul’s lying/racist newsletters?

  • http://lukos.com Ed54

    about Newt cheating on his first wife and dumping her while she had cancer, cheating on his second wife and dumping her while she had MS, and being forced to resign as Speaker because of ethics violations.

    Wait, what was that? Those aren’t lies?

    Never mind.

  • texastaxpayer

    ;)

  • Cowboy

    I have been gone a long time but someone from OWS has hacked his account.

  • Tbone

    who think a whole bunch of voters who have cheated on their spouses and/or gotten a divorce or two are going to care about Newt’s past.

    However, they may care that he was running the House the last time this Country had a balanced budget and they may like that fact he will butt kick any reporter who presents a stupid question and they will really like it when he leave Obama standing in a puddle of his own pee and poop at the first debate.

  • Jochanan

    Want some facts?

    RomneyCare provided enough political cover for Obama to pass the biggest expansion of socialism in American history. All they’ve been saying since he got sworn in was “but a Republican did it in Massachusetts.”

    And this is our nominee? The #1 issue of conservatives over the last few years and we’re putting the culprit up as the nominee? He is the Walter Mondale of the Republican party.

  • Finrod

    Marianne told Newt she wanted a divorce in 1998 (on his birthday no less). She didn’t get diagnosed with MS until 2000.

    Liar, liar, pants on fire.

  • Tbone

    let me say that I have spent my life creating companies and jobs that have allowed people to meet their financial obligations and support their families.

    I have also taken a company public and been exposed to the cesspool of Wall Street. Making money by manipulating markets and by leveraging certainly create wealth but little else.

    To me, too much of Romney’s wealth has been created, not earned. That is not to say he was not entitled to create it. He was in the same sense that Shylock was entitled to his pound of flesh.

    So while Mitt may have gotten his flesh, I hope he takes not a jot of the Presidency. In that, the Portias of productive capitalism would be well served.

  • Cowboy

    So if I read you right you only approve of certain kinds? What should become of the ones you don’t like and who decides?

  • avgjo

    We live in a society that respects majority rule, both in politics and elsewhere.

    If a majority of people decide that certain kinds of businesses should stay open, they will elect people who reflect that view. If a majority of people needed by a business stay open disapprove of that business, the business will shut down. This is exactly why a business must make the case for its existence and for free enterprise. Businessmen like Tbone and my dad are the best face of free enterprise. Sure, Rombo is welcome to do Bain, but let’s not kid ourselves into thinking that the way you do business is insulated from real world consequences.

  • Tbone

    What’s your point?

  • Cowboy

    Robbery is not free enterpise it is a crime. Now if you can point out the crime at Bain then YOU have a point. That is my point.

  • aesthete

    Your statement is true, but does not detract from the validity that Newt’s attacks were an attack on free enterprise.

    “Rape happens often in war” is a true statement, but would not justify the deed.

  • Cowboy

    the public does not decide, customers do. They have the final say if they buy your product at your asking price or not. Majoirity rule? No, it only takes one if he buys all you can produce at a price that you can profit. I have never heard of the majoirity rule of business.

  • moodyboots

    Funding businesses is difficult. Limiting company creation and expansion to those who can self-finance or have a good enough record or network to get enough bank loans would create a class of business aristocrats. Actually, the surge of a new entrepreneurial class in the last 30 years has a lot to do with companies like Bain Capital.

    Do you have any idea of the number of companies in the US that benefited from venture capital, private equity and LBO funding?

    Allocating capital efficiently is one of the most noble and important functions in a free society. Those who can’t understand this, don’t really understand how capitalism works.

  • moodyboots

    It’s quite obvious that by your own criteria, Bain passed that test.

  • moodyboots

    http://www.thefiscaltimes.com/Columns/2012/01/25/How-Private-Equity-Helped-Save-the-U-S-Economy.aspx#page1

    A great article for folks who don’t understand how important and noble is the role of companies like Bain Capital.

  • avgjo

    ‘What should become of the ones you don’t like and who decides?’

    I pointed out to you what actually happens and answered the ‘who decides’ part of your question.

    Nowhere did I mention robbery. I didn’t say Bain was a crime. In fact, I’m not sure how bad it is, if at all. So I’m not sure what you’re getting at.

    Your ‘OWS’ citation makes an implicit connection between attacking certain business practices and Marxism, which is the philosophy of OWS. That is absurd on its face. And it’s that sort of hyperbole, in conjunction with not recognizing the realities of business practices and the political reaction to it, that hurts free enterprise. We would be much better served by making a moral case for free enterprise and by defending Bain capital in a rational way ( go through the argument point-by-point) rather than making the blanket defense ‘you’re attacking free enterprise’.

  • Cowboy

    Now both of my replies are in the wrong spot.

  • avgjo

    I didn’t say it was a good thing. That’s why I put ‘for better or for worse’.

    It’s just the world as we find it, in my humble estimation.

  • Cowboy

    I see fit thank you. You are free to do the same.

  • aesthete

    are not helping,nor are his defenders on this point.

    Have you seen the ad? Watch the first minute, and get back to me.

  • avgjo

    customers are the public.

    Again, notice the wording I used:

    ‘ If a majority of people needed by a business stay open disapprove of that business, the business will shut down.’

    You’re making my point. In the instance you cited, the majority needed was one. The business go that, and so didn’t shut down.

  • avgjo

    But I know that the methods you’re using are the methods the right’s been using for years.

    And now we have the very real prospect that Obama may get reelected.

  • Cowboy

    is below. The remark about robbery was to Tbone in response to his 7-11 remark. Somehow everything got out of order.

  • avgjo

    I’m defending the notion that we can critique particular businesses or types of business from an ethical and moral standpoint without channeling the ghost of Marx.

    About the only thing I’ve vociferously defended Newt on is the idea that his marriage issues preclude him from office. I did say, and I stand by it, that it’s ludicrous to assert that he’s a Marxist/socialist/anti-free enterprise guy because he’s taking political advantage of a populist time to beat his opponent. His record just doesn’t bear that out.

    I haven’t seen the ad you’re referring to, though. That might well change my mind. Is that his lastest one? I’ll search for it.

  • avgjo

    your post below.

    Thanks!

  • Cowboy

    I can have a very sucessful business by selling all my product to one man.

  • aesthete

    The critique in the first minute is old and easily applicable to any business model in existence, as a hyperbolic claim. Indeed, it has been used to attack the free market in general (“people over profits” being a bumper sticker on the left, and all).

    I’ve never had a problem attacking businesses or business practices in market economies — you’ll never hear me singing Hugh Hefner’s praises, even though it’s obvious that he is supplying a good that is in demand and obtained voluntarily. The problem is that most people are criticizing Romney/Bain in very generic terms that could apply to virtually any business (“he fired people”, “he prioritized shareholder profits over maximizing employment”, “BAAAAAIIIINN!!!!” etc).

  • moodyboots

    And Marxist rationales to criticize Bain.

    What unethical or immoral about venture capitalism or private equity? Absolutely nothing, quite the contrary.

  • Cowboy

    robbery is not free enterprise it is a crime. Now if you can point out the crime at Bain then YOU have a point. That is my point.

  • Tbone

    ‘Business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy. also called free market’

    Don’t see anything about legal?

    Goldman Sachs takes companies public by using illegal “Pump and Dump” marketing techniques.

    Don’t be such a sucker.

  • moodyboots

    m?plied? ?[im-plahyd] Show IPA
    adjective
    involved, indicated, or suggested without being directly or explicitly stated; tacitly understood: an implied rebuke; an implied compliment.

  • Cowboy

    “business governed by supply and demand” not ” I am holding a gun on you and I demand your money. How did Goldman Sachs get in here?

    Tbone if you have the goods on Romney’s illegal dealings point them out to law enforcment, have him arrested and be done with him.

    If not then you are just going to have to live with it.

  • avgjo

    And if that one man (the majority of your customers) decides to quit on you, unless you find another, you’re out of business.

    I’m not arguing that.

  • avgjo

    And if that one man (the majority of your customers) decides to quit on you, unless you find another, you’re out of business.

    I’m not arguing that.

  • avgjo

    First off, thanks for the link.

    I didn’t knock Bain one way or the other. I am only knocking the notion, apparently held by many on our side, that one cannot critique a business or a type of business without automatically falling into the camp of Marx.
    Aesthete pointed out quite correctly that attacks on Bain and other such businesses devolve into ‘people over jobs’ and other such leftist slogans. On the other side of the coin, defense of Bain etc. often devolves into ‘you’re attacking free enterprise’ or ‘you’re a Marxist!’. Soundbite ‘discussions’ of serious issues manifested in Dimocrat dogma have led to Obamacare, Class warfare, etc. I don’t want this to happen to our side, because that will seal the fate of this country.

    I will tell you what concerns me about Mitt re: Bain.

    He made business decisions and individuals lost their jobs, blah blah. Fine. It happens. He knew this and continued. Fine. It’s his business, his money, etc. etc. etc.

    As a president, my concern is he will make a ‘business decision’ about Obamacare, regardless of individuals hurt by it. Will he listen to the advice of people like Norm Coleman, for instance? He may do something because it’s politically expedient or because a tough fight might hurt his chances for reelection, etc. and if they get hurt, tough. I have relatives in my immediate family who could quite literally die if Obamacare stands. Mitt’s wealth insulates him from the consequences of Obamacare, and I’m happy for him and his family, but will that cause him to take it less seriously? ( A charge which could also be leveled againt Newt, I admit. and it’s a serious concern of mine.)

    I don’t have the right, neither do I pretend to, to tell Mitt Romney what to do with his business/money/etc. I DO have the right, as an American citizen, to consider how his business ethic may affect his political decisions in my voting decision.

  • moodyboots

    Show me criticism of Bain that isn’t engineered by Marxist world-views and envy (sorry for the redundancy) and I’ll reply to them in a different view. I may even agree with them.

    I will tell you what concerns me about Mitt re: Bain.

    He made business decisions and individuals lost their jobs, blah blah. Fine. It happens. He knew this and continued. Fine. It?s his business, his money, etc. etc. etc.

    And he made business decisions and more individuals kept and gained their jobs. Why exactly you phrased it the way you did? Your problem with Mitt re: Bain seems quite bizarre to me.If your problem is that he made business decisions that led to loss of jobs, you don’t have a problem with Mitt or Bain, you have a problem with the entire concept of private business.

    If your problem is different, please explain us what it is.

    As a president, my concern is he will make a ?business decision? about Obamacare, regardless of individuals hurt by it

    I have no idea what this means.

    But it seems that you are 100% opposed to a businessman being elected president then. I mean, every businessman has made business decisions that led to folks losing their jobs. Every single one of them. (except those who own very small companies). That doesn’t make any sense.

    Romney has declared many times how he plans to deal with Obamacare. I have no reason to suspect he won’t comply with it. He’ll sign the waivers. I’m not really sure what else is he supposed to do. If the congress passes an Obam,acare repeal, I’m fairly sure he won’t veto it too. So, what’s the problem?

  • Tbone

    I didn’t, did I? Well, did I? Can’t find it? Ya see Poke, you just projected. A rather intellectually lazy thing to do.

    You said that what they did was free enterprise as though all free enterprise is “good” It isn’t. Some of it is illegal, (can you say “Monopoly”?), some immoral,( can you say “Cathouse”?), some unethical, (I say “Bain”).

    So, I don’t approve of the kinds of free enterprise that are illegal, immoral or unethical. Do you?

  • moodyboots

    Care to explain? To me, venture capitalism and private equity is arguably the last type of business I could see as potentially unethical. I can see stuff like porn, gambling, certainly businesses like Power Balance, maybe those like Amway, military contractors, gun manufacturers, automakers, hedge funds… lots of them. But venture capital and private equity? I don’t get it.

  • Cowboy

    No we have a law against monopolies etc.

    Cathouse? Leave it to the local jurisdiction. If the locals don’t like it they can simply outlaw it. That’s where you can stop it.

    Unethical? This is a judgement call. Where is the line drawn between what you personally disapprove of and out right criminal like knocking off a 7-11 that you refered to. I personally don’t look at armed robbery as free enterprise as you do but as thuggery that sends one to the big house. If you think Romney belongs there make your case. If he has broken the law he belongs in jail.

  • avgjo

    from what i wrote, your conclusions in no way follow.

    for instance, if Tbone or my dad or one of a myriad of businesspeople I know were in office, i’d have full confidence in their willingness to repeal Obamacare. The way they’ve decided to practice business tells me they consider the well-being of others in their community. I can’t say the same for Romney. The quote you pulled out refers to the fact that if he sees it’s to his advantage (politically or whatever) to not repeal Obamacare, he won’t, based on the way he has made decisions before that have put individuals out of work (no matter how noble a function this may serve in the economy). He put profit (advantage) over the well-being over certain individuals, which is his right, and probably not even wrong in a moral sense, in business. However, this same approach is unacceptable wrt Obamacare, imo.

    And btw, I do question the assertion that a businessman is always a good choice for governing. Many businesspeople are fine with public-private partnerships, which are nascent fascism. Many see to take the approach that their role in office is to grow the economy of wherever it is they are running. Their role, in America, is to shrink government and extract it as much as possible from private industry and affairs. In my own town, we have a mayor who was an accomplished businessman. Since he started, he has been the most progressive politician our area has ever seen. He has grown government through public-private partnerships and other types of crony capitalism; he has railroaded private property rights with eminent domain to hand in the name of ‘development’; he has even unilaterally limited the amount of trash we can put out on dump day in the name of economic/financial efficiency. THAT’S the sort of ‘business decision’ that has no place in government.

    Another great businessman-turned-politician? Michael ‘the Nanny’ Bloomberg’.

  • Tbone

    Where did I say Bain did anything illegal?

    You just said that, “Unethical? This is a judgement call.” Thank you. In my judgement, Bain and companies like Bain act unethically. You may disagree.

    My point was and is that all “free enterprise” is not good.

  • Tbone

    Doubtlessly a Marxist troll.

  • moodyboots

    Or military contractors, or automakers, or Amway, or hedge funds. Those are just businesses that are regularly accused of unethical. Not by me. But there are arguments out there, that I don’t agree with, but that are worth discussing.

    But Bain? Again, do you care to explain why is Bain unethical? You really can’t, can you?

  • moodyboots

    In your judgement Bain and “companies like Bain” (whatever that is) act unethically. We got that. The question is why. Will you ever answer it? Or keep chickening out?

  • Cowboy

    You are the one that threw out the remark that knocking off a 7-11 was free enterprise, insinuating a parallel to Bain.

    I remember you a some what of a bully on this site and can see by the “stupid” remark that you haven’t changed much.

    Now that you have opened the door to smart remarks and name games I can’t resist. I don’t bully easy and am not impressed with your swagger either Porkchop.

  • moodyboots

    No idea who TBone or your dad are, but are you saying that they are businessmen? And as businessmen they never made business decisions that led to loss of jobs? Of course they did (unless they ran really small businesses).

    He put profit (advantage) over the well-being over certain individuals, which is his right, and probably not even wrong in a moral sense, in business.

    Probably? I’d say certainly. And are you seriously saying TBone and your dad don’t do that? Because if they don’t, then they certainly cost a lot more jobs than Romney. Remember what Milton Friedman used to say about what is a business priority.

    ——–

    You still haven’t explained what differentiates Romney from another businessmen. Except some fantasy ones that don’t prioritize the profitability of their businesses. And I don’t get why you insist that Romney didn’t care for the individuals because he fired people. He hired a lot more people than he fired and it’s not even close. And I can’t see the connection between that and Obamacare.

    Let me Romney is a ruthless capitalist worried about numbers are you say, isn’t he much more likely to look at the numbers, decide Obamacare isn’t economically sustainable and get rid of it without caring for all the emotional talks that there are going to happen about “uninsured poor who will die without the health insurance Obamacare provided them”? It seems a much more plausible argument, even if the rationale is still flawed.

    What about Ron Johnson, the Senator from Wisconsin? Do you trust him to repeal Obamacare? Because in the end, it will be repealed or not repealed by the Congress.

    Your argument is, with all due respect, flat out bizarre . There are businessmen who like Obamacare – there are businessmen who are to the left of Obama – and there are those who don’t like it. The fact that they are businessmen is pretty irrelevant. I’d say that businessmen tend to have a better sense of how economy works that often career politicians are lacking, but that’s just a tendency, not a rule. I’m sure there are thousands of businessmen I’d never vote for. On the other hand, I can’t see why being a businessman is a negative point for a candidate or what exactly in Romney’s career as a businessman makes him less qualified.

    ——-

    I never said that “a businessman is always a good choice for government”, so I’m not going to answer your strawman and I’d appreciate a quick apology. Thanks.

  • Tbone

    LBOs. Go learn.

  • moodyboots

    Now, will you answer the question or keep chickening out?

  • Tbone

    community is a well structured ponzi scheme. So, you must be OK with that.

  • avgjo

    I should have put in ‘or perhaps even the vast majority of time’; in fact, I knew this when I was typing it, and laziness got the better of me. I was wrong to do so.

    (That’s as close to an apology as you’re getting. You weren’t slighted personally. Grow up and quit being ridiculous.)

    The question is not one of firing people absolutely speaking. My dad (and I’m sure Tbone) has had to cut hours and even lay people off, and definitely fire people for bad behavior. I never claimed otherwise. ( I supposed I should ask for an apology now/sarc.) Nevertheless, (I’ll not speak for Tbone) my dad’s business model uses firing as a last resort, not a regular practice.

    Bizarre? This is the man who signed Romneycare into place (did he decide that was unsustainable? Did he show regard for the federal deficit, as Gov. Walker did recently, by not relying on federal money to subsidize Romneycare? Not much fiscal responsibility, or business acumen, worked into Romneycare.). This is the man who nominated liberal judges in Mass. This is the man who did other, equally idiotic things, all while hiding behind ‘it was Massachussetts, it was the best a Republican could do’. Add to that his proclivity for changing positions, mid-debate, as he did in ’94 with Ted Kennedy, and all of the sudden the scenario I painted is not only not bizarre, but concerningly all-too-possible. Indeed, this behavior is illustrative of exactly what I’m concerned about.

    The funny thing about all the time I’ve wasted going back and forth with you is that I stated way upthread that I didn’t even know if Bain did wrong or not, and that that was not the point. I didn’t argue that defending Bain or any other business was wrong. Rather, the point was that dogmatism has taken hold on our own side to the point one cannot even level criticism at a business or industry without having the most ridiculous charged leveled at them. Make a rational, point-by-point case for your position (which, to your credit, you have, unlike many defending Bain), but don’t resort to flinging loaded terms with dogmatic zeal, like many have done on this very issue.

  • moodyboots

    I don’t even know what to say. Can you try to explain why?

    I think you’re deeply confused. Are you talking about Stanley Bing’s article?

  • Tbone

    4 VC firms each with 10 investments half of which they are co-invested with each other, two or more on a deal. Out of the 10, each firm has two winners, 6 so-sos and 2 losers. The losers are write offs. What makes the 6 so-sos is the fact that they get follow on money from one or more of the group of 4 until they get sold to one of the 8 cash flowing winners. So the 24 so-soos get rolled up into the 8 winners creating a 1-4X exit for the investors. The 8 winners exit at 10x+ carrying with them their so-sos.

    As such, as a VC limited partner, I am virtually assured of wining on two at 10x+, losing on two at -1 and getting probably a 2x on the other 6.

    This is why you see VCs investing in each others deals. In effect they say if you will use your winners to buy a couple of my so-sos, I’ll use a couple of my winners to buy a couple of your so-sos.

    It is a great way to risk manage but it relies on manipulating company valuations. It’s is in the manipulations wherein lies the ethical problems.

    LBOs are a whole nother form of valuation manipulation.

    IPOs also rely on valuation manipulation.

    Common thread through these is using the market power of cash to manipulate an outcome.

    Now, if you can appreciate the difference between earning money by creating value resulting in profits as opposed to creating profits through financial manipulation there is hope for you. If not, you may is well go knock over a 7/11. It won’t affect your conscience.

  • Tbone

    and prevents you from keeping up. I never insinuated anything about Bain. You made that connection.

    The reference was and remains to the fact that free enterprise is not all good by definition. Simply that.

  • moodyboots

    It’s a risk management strategy. I wouldn’t call it a Ponzi scheme, it’s more like fooling angles with high-valuations, but I don’t understand why you identify that with VC itself. That’s like saying that investment funds are a ponzi scheme because of Bernie.

    In any case, the focus on secondary sales and short-term is relatively recent and Bain doesn’t operate in that segment. And Romney left Bain years ago. Their VC investments with him there were not of that kind, rather long-term ones. If they were, present evidence.