Sez yer Gleaner in CityLife:
Bain called itself a "venture capital" firm. But the sort of capitalism it was practicing had nothing to do with attracting capital to increase America's industrial capacity, finance emerging technologies, develop innovative new products or otherwise create jobs and economic growth and add value to society and improve the quality of life for the nation and its citizenry.
The only thing remotely innovative about Bain was that it reflected a then fast-growing leveraged-buyout trend. And the type of capitalism, if it can even be called that, practiced by Romney didn't add wealth to the economy but rather skimmed wealth from it.
Eroding wages, dwindling or nonexistent benefits and an overall decline in job quality have bedeviled American workers for decades. That is not the fault of one person. But Mitt Romney arguably bears as much responsibility for the collapse of the middle class as any individual American.
Oh, and yes, the Bain documentary is indeed must-see TV. Two thumbs way up.
In other news about insufferable Republicans and their unbreakable identity with the 1 percent, ICYMI, here's Romney apologist John Sununu suggesting Las Vegas's very own bitchy little area megalomaniac, Sheldon Adelson, is "not so bright."
Eh, Sununu's the one who's not so bright. The elite investment community takes one and only one factor under consideration when measuring an investment decision: How much money can they steal from everybody else?
You'd think if anybody would appreciate that, it would be a Willard mouthpiece. Jeesh.