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#NeverMitt – Mitt’s American Values

Mitt Romney took issue on Monday with President Donald Trump's alleged comment about Haiti and African nations being “shitholes,” calling it "antithetical to American values," reports NewsMax’s Jeffrey Rodack.

Mitt RomneyWe note the President has denied making the remark, but that didn’t discourage Romney from attacking him.

Romney, who is planning to make a carpetbagger run for the Senate from Utah, attacked the President in a tweet on Martin Luther King Jr. Day:

The poverty of an aspiring immigrant’s nation of origin is as irrelevant as their race. The sentiment attributed to POTUS is inconsistent w/ America’s history and antithetical to American values. May our memory of Dr. King buoy our hope for unity, greatness, & “charity for all.”

Considering his record on “values” Mitt Romney arrogantly setting himself up as the arbiter of “American values” leaves us stuck someplace between amusement and disgust, so we thought we should look at the real Mitt Romney, and his record on “American values.”

Click this link to read the first article in our #NeverMitt series.

One of America’s foundational values is that of market economy capitalism. And the aspiration of millions of Americans – especially immigrants – is to own their own business and be the masters of their own economic success.

Romney’s idea of capitalism is that you can fire workers and strip companies on the way up, and then if you are big and influential enough, demand taxpaying workers bail you out on the way down.

During his failed campaign for President Romney gave several muddled and disingenuous explanations for why he supported the TARP Wall Street bailout.  In his book he said, "[TARP] was intended to prevent a run on virtually every bank and financial institution in the country," and he claimed "it did, in fact, keep our economy from total meltdown."

Later, during The Washington Post – Bloomberg News debate Romney claimed the $700 billion Wall Street rescue package "was designed to keep not just a collapse of individual banking institutions, but to keep the entire currency of the country worth something."

Nothing could be further from the truth.

TARP was not sold as a program to prop-up the dollar; it was sold as a means of keeping credit markets liquid, to keep banks lending to businesses, so businesses would keep people employed.

From the perspective of keeping people employed, TARP was a spectacular failure.

In the three years after TARP was passed, far from using TARP funds for business credit, so businesses might keep people employed, banks reported three years of shrinking loan portfolios. Millions of workers remained unemployed or underemployed during those three years, but their taxes will be paying for the bailouts Romney supported for years to come.

And the major reason TARP failed to protect jobs was that instead of being a program to keep credit available by moving illiquid mortgage-backed securities off the books of banks, TARP quickly became a no-strings-attached cash infusion to favored insider financial institutions and corporations, whose highly compensated employees then supported Mitt Romney for President.

Among the insiders who received the no-strings-attached cash were Goldman Sachs Group Inc, Deutsche Bank AG, Merrill Lynch, Societe Generale, Calyon, Barclays Plc, Rabobank, Danske, HSBC, Royal Bank of Scotland, Banco Santander, Morgan Stanley, Wachovia, Bank of America, and Lloyds Banking Group.

Not surprisingly, just a cursory examination of Federal Election Commission campaign finance reports shows Romney banked over $798,000 from employees of TARP recipients.

To Mitt Romney, venture capitalist, the average worker is an expendable line on a spreadsheet, until that worker’s tax dollars were needed to bailout financiers who promoted the leveraged buyouts and packaged the exotic financial instruments that made Romney millions and led to the financial meltdown of 2008.

Mitt Romney, and his establishment friends in the Washington – Wall Street Axis are no friends of the little guy on the shop floor or the struggling immigrant entrepreneur. Far from sharing their values of the rugged individualism of American capitalism, Mitt Romney’s idea of capitalism is that a handful of rich people can tap the public treasury to avoid moral hazard, manipulate the lives of thousands of other people and then walk off with the money by getting a bailout from the taxpayers.

Click this link to read the first article in our #NeverMitt series.

George Rasley is editor of Richard Viguerie's ConservativeHQ.com. A veteran of over 300 political campaigns, he served on the staff of Vice President Dan Quayle, as Director of Policy and Communication for Congressman Adam Putnam (FL-12) then Vice Chairman of the Oversight and Government Reform Committee's Subcommittee on National Security and Foreign Affairs, and as spokesman for Rep. Jeb Hensarling, now-Chairman of the House Financial Services Committee.

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SHITHOLE

I am tired of Romney, the other liberals and media acting all affronted by
Trump using the term “shithole. Are they offended by the “potty mouth”? It seems not considering the delight they take in repeating it.

They say it is racist. It’s not. It refers to the economy and government of these places. Those of us who have visited most of Latin America, Africa and South Asia would describe the countries as shitholes — populated by very nice people but shitholes.

Find an immigrant, legal or otherwise, from any of these countries and if he is honest, he will tell you that the reason he came to America is because his homeland is a shithole. Shithole is an apt description!

Wrong Party

Romney has spent his life in the wrong political party -- there's nothing remotely conservative about him. His policies identify him as a liberal Democrat, though not at the level of lying and lunacy it takes to be a success in Democrat politics on the national level today (though I'm sure he could adjust to it).

He couldn't run a successful campaign against Obama because there was hardly anything that they disagreed on. It's likely the Republican leadership will support him, since most of them are no better. The only real question is whether enough party support and money can con Utah voters into believing he could represent their views in the Senate.