ObamaCare and Business Growth: A Not So Beautiful Relationship

On July 11 Republican presidential candidate Mitt Romney spoke to delegates at the NAACP Convention in Houston and explained that his plans include reducing government spending by eliminating "every nonessential expensive program I can find, and that includes ObamaCare."

Although several other Romney policy proposals were met with applause, the ObamaCare remark was met with significant booing.

For once, a little courage and integrity from a politician.  Romney's Obamacare message is the same for every audience.

Although President Obama declined the NAACP’s invitation to speak he did send the the bumbling and condescending, boob, Joe Biden in his stead.  Here is a snippet of Biden’s “barn-burner" of a speech.”  Here is the full speech for those looking for greater context.

CAPITALISM 101: What do Private Equity Firms Really Do?

Confused by all the hub-bub over private equity firms?  Here is a crash course on how private equity firms work.

If you are skeptical of this explanation because of its source, we invite you to educate yourself on the subject and become an informed voter.

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• Romney Bain Capital Record Targeted By Obama Campaign (FIJ)

Romney Bain Capital Record Targeted By Obama Campaign

President Obama continues to stoke the flames of class warfare.

Huff Post has reported that President Barack Obama's reelection campaign on Monday morning opened a new front in its election faceoff with presumptive GOP nominee Mitt Romney, releasing documentary-style videos and a full website portraying Romney as a job-destroying corporate takeover artist.  Read the full story...

Of course, the Obama campaign left out a few FACTS.

FACT: Bain Capital LLC shut down in 2001. Romney left Bain in 1999, long before the plant closing, to run the XIX Olympic Winter Games in February 2002 in Salt Lake City.

FACT: A political power-player serving as a director of Bain at the time of the steel company's bankruptcy and layoffs--Jonathan Lavine. Lavine joined Bain in 1993. He is currently a Managing Director, and since its inception, managing partner and the Chief Investment Officer of Sankaty Advisors.

Blaming Romney for decisions made two years after he left the company is deceitful at best, but blaming predecessors is what Obama does better than anything else--it his trademark tactic.  Lavine joined Bain Capital in 1993.

Lavine is also a major bundler for President Obama, raising between $100-200k for his reelection.

SUGGESTION: Maybe the president should use some of Lavine's donations to help the steelworkers featured in his ad.

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