Romney/Ryan: Dream Team or Nightmare?

It is apparent to anyone with a pulse that Obama must be removed from office. The privately-owned major media will have you think that Romney is the way to accomplish that task. But perhaps America voters suffer from memory lapses, as they think that Romney can defeat Obama in November.

I count myself among those with memory and reason, as Romney was a distant third behind Mike Huckabee and eventual GOP nominee Johm McCain. We know the dismal results of 2008, and in an attempt to make a course correction in Congress in 2010 by electing "Tea Party" endorsed candidates to break the stronhold of the liberal left.

With promises of reducing spending and debt, America sent many new faces to Washington with a hope that changes will take place.

Results prove the intentions of those elected then and there is no reason to think that Romney along with Paul Ryan will make changes if elected in November. What is really required is radical change, and that is the only way we can restore our representative republic to the limited government conceived and nurtured by our founders.

Buying the propaganda of the party elite will only result in a further slide into a global takeover and the complete loss of national sovereignty. This is not like any other elected in the history of the United States. This is the election that our enemies have been waiting for since the beginning of the Revolution, and their dreams are about to become our nightmares.

In my previous posts I have demonstrated why Romney is not a good choice for America. In Bigger Sharper Teeth  I listed what a Romney cabinet would look like. Romney supports the Patriot Act, the NDAA, the wars in Afghanistan and Iraq, and will support war against Iran. The rhetoric about a 'radical' Islamic nation with a nuclear capability seems to justify a policy of preemptive war. That is a dangerous policy at best and one that has been used by those who promote aggression against sovereign nations not because of their threat towards America, but the competition they produce against the petroleum corporations of Great Britain and the United States.



Support for all the military bases the United States built and populated with America troops comes from borrowing money that the nation does not have. True to the warnings of President Eisenhower in his farewell address the 'military industrial complex' poses the most serious threat to our national security. But he failed to warn us about the threat that the central banks pose on our liberty and sovereignty. That is to me the most eminent threat we face as we approach the November elections.

Having your vote count is not merely voting for the candidate(s) who best  represent your ideology and opinions. It is a matter of the integrity of the election and the counting of the ballots. In recent times we have been using machines to make it easier to vote. The cost of this simplicity is the very integrity of the process. Machines can be programmed to cheat and these fixed elections have been reported in many states of the past several years.

What is more important to you? An expeditious result or an accurate and honest count? I choose the latter and I feel that paper ballots are a priority to that integrity. In my post, Protecting The Vote it is explained in detail how this can be done. The important thing to remember is that wherever there is opportunity to cheat, someone will attempt to do so and some will succeed.



Do your patriotic duty and vote for the best candidate and not the lesser of two evils. Evil is still evil whether it is greater or less.

Erosion And Death Follows

How does the benefit to the few financially greedy parasites, beholding to no one and nothing-except to increase their already overflowing coffers, outweigh any benefit to the nation and it's people?

Even if the obscene wealth of these economic predators were taxed at the same rate as the wage earners of our nation, these cannibals within our society would still accumulate in a year more financial strength than the wage earners will in a working lifetime. How can Congress justify legislation and policy that further lines the pockets of these sociopathic multi-million and multi-billionaires as they continue to rape the country and sell off what is left in the wreckage?

Economic cannibalism is an archaic ritualistic practice of the ancient money-changers which has not disappeared in modern culture; but, survives as an increasingly profitable and bizarre business. This type of behavior does not create employment of any kind that can build national wealth or productivity and it devours and destroys the industries on which it feeds. When the furtherance of personal greed and whatever it can acquire is allowed, it jeopardizes the society it destructively operates within:  it becomes a diseased sociopathic behavior.

Which brings me to The RNC presidential candidate, Mr. Willard Mittington Romney, whose fiscal plan delivers huge tax cuts to the wealthiest Americans while simultaneously forcing massive cuts to public services and the social security insurance system on which the average workers rely. Then, there is the matter of his personal finances...

Not only, according to his released tax returns, did Romney make $42.7 million over the past two years, paying only $6.2 million in taxes which is an effective tax rate of less than 13.9% for doing nothing, he took advantage of a giant tax loophole that's available to only a very select few. It's called the carried interest loophole, or as it's often called the hedge fund manager tax loophole (in 2009 Top 10 Hedge Fund Wheels of Corporatism averaged $900,000/Hr). Why the hedge-fund carried interest tax loophole?  Because; hedge fund managers, partners in real estate ventures, and private equity wheels, are the select few who can use this legal provision to escape paying what the 99.999 % of the population are forced to pay.

The fact that closing this loophole could save the nation and it's taxpayers and the deficit $15 billion by 2015, it is the percentage - usually 20% - that hedge fund managers and private equity Wheels can claim as investment, taxed at the long-term capital gain of 15% rate, instead of claiming what it actually is, fees or income, which would be taxed at what the rest of us pay, 35%.

In addition to the affront of carried interest, the maximum Gift Tax Amount a married couple can pass to their children without paying gift taxes is $10 million, but Romney paid zero gift tax on the $100 million trust funds he set up for his sons. The Romney's avoided $31 million in gift tax that 99.999 % of the population would have had to pay if they did the same thing, while simultaneously accumulating and distributing financial strength within their family!

According to David Cay Johnston, the Romney's "gave their sons some of their carried interest. And because the carried interest is not an ownership, it is a right to receive profits, Congress lets you value that gift at zero".

In a nutshell, top hedge fund managers, gifted with a much lower tax rate, who do not produce anything tangible, or, many argue, anything of any value whatsoever, make  more hourly, than most Americans will earn in a lifetime.

This economic cannibalistic presidential candidate, who left the company 13 years ago, still receives a share of the firm’s “carried interest” profits – taxed at the same low rate. He has now gifted his sons with the financial strength and the lesson that the country he raped is there for his sons to rape:  the increase by the number of sons of economic cannibalistic Americans. It's the gift that ever continues increasing to those few who receive it.

Like the after effects Of uncaring clear cutting loggers in the forest, erosion and death follows.

Bigger Sharper Teeth or Romney's Dirty Dozen

Willard Mittington Romney the wheeling dealing corporate raider has announced his foreign policy dream team of professionals. Not to mention the ugly truth in your face, the only real problem with this group of torture, murder, and terror oriented specialists, is their membership in the Council on Foreign Relations. This marks them as members of the Trilateral Commission and the Bilderberg Group, Just as it marks Hillary Clinton, Secretary of State  and the fraud occupying the presidency. I wonder if Americans are paying attention and becoming just a bit uneasy about the RNC's favorite son and for what he just might be preparing.

Now that Romney has shown that his teeth are much sharper and bigger than Bush's were and the American public has been conditioned to the 'forever war' for ten plus years, you should be able to see this shark for exactly what he is:  the next and possibly last phase, if he takes office, of the New World Order's plans for the destruction of America. Now you now why the kill order out of the White House only ordered action against Dr. Ron Paul and no one else. Obama, Romney, and Gingrich who would say anything to sway votes are on a team being run from the Bilderberg Group and higher.  What does any of this say about the motives of the RNC?

"CFR MEMBER MITT ROMNEY ANNOUNCES HIS FOREIGN POLICY TEAM THE GOP HAS CHOSEN ? / CFR MEMBER MITT ROMNEY ANNOUNCES HIS FOREIGN POLICY TEAM. GUESS WHO'S ON IT?
by William Wallace 3rd Armor Division, March 16, 2012, 8:30am
WELL REGULATED AMERICAN MILITIAS

Generally, the team is quite neo-conservative, indicating the continuation of Bush’s foreign policy.

Ron Paul is the "only" 2012 presidential candidate who is not a member of the CFR.

Romney’s foreign policy views generally align with those of the Bush administration. He sees Islamic fundamentalists, or “jihadists,” as the most pressing threat to Israel/the United States. He has focused his foreign policy platform on doubling defense spending, forging “global networks of intelligence and domestic law enforcement,”

http://www.cfr.org/experts/world/mitt-romney/b13226

Late last week CFR member, and GOP presidential contender Mitt Romney released the names of his foreign policy and national security advisors just in time for his Friday address on America’s foreign policy. He effused over his selection:
"I am deeply honored to have the counsel of this extraordinary group of diplomats, experts and statesmen. Their remarkable experience, wisdom and depth of knowledge will be critical to ensuring that the 21st Century is another American Century".His campaign continues to be plagued with an increasing chorus of doubters about his conservative posture. His claim to have balanced the budget of Massachusetts without raising taxes was found to be false.

Critics note that the latest announcement by Romney of his advisors should finally put to rest any idea that he represents conservative or Tea Party values (whatever that is). Analysts note that it should be more than abundantly clear that Romney has little or no interest in deviating in the slightest from the foreign policy trajectory the country is currently on. If he does waver, he’ll have plenty of pressure from the elitists surrounding him to stay the path to building the U.S. empire abroad with America's blood and treasure. In his article entitled, “Obama Will Win If Republicans Pick Establishment Candidate,” author Gerald Celente said the Republican establishment is following “a suicidal strategy that’s stranger than fiction. It’s as though the Republican campaign has been devised by insidious Democratic infiltrators.”

He named the following people to his board of advisors:
Romney's Team Member's

1.Dov Zakheim - (Israeli Dual Citizen)CFR Member, Senior Advisor at the Center for Strategic and International Studies; Under Secretary of Defense (Comptroller) (2001-2004); Deputy Undersecretary of Defense for Planning and Resources (1985-1987).

2.Robert Kagan, a Neo-conservative (Israeli Dual Citizen) CFR Member, surprise!  Syndicated Columnist; Senior Fellow at the Brookings Institution in the Center on United States and Europe; Board Member of the Foreign Policy Initiative Chairman of the Chertoff Group; United States Secretary of Homeland Security (2005-2009); Judge on the United States Court of Appeals for the Third Circuit (2003-2005).

3.Cofer Black - Torture Specialist Born 1950, Stamford, CT, High school at Canterbury prep school, college at University of Southern California Master's of International Relations, USC, 1974. Joined CIA clandestine service in 1974, served 6 foreign tours, mostly in Africa. CIA station chief in Khartoum, Sudan, 1993-94, when bin Laden was there. Helped capture Carlos the Jackal. Director of CIA's Counter-terrorism Center (CTC), 1999-2001 After 9/11, "led the hunt" for Osama bin Laden, including at Tora Bora. State Department ambassador-at-large for Counterterrorism, 2002-04 Vice-chairman, Blackwater USA, 2005-present Principal, 2006-present, Complete Intelligence Solutions, a Blackwater spin-off providing security data and services for the private sector Advised Romney presidential campaign on national security issues, 2007-08. Cofer Black's role in the United States torture regime was threefold: he ran well-funded secret operations throughout Afghanistan and Pakistan as a CIA warlord; he oversaw our country's early development and implementation of "enhanced interrogation" techniques, renditions, black sites, and disappearances around the world; and he privatized murderous violence with Blackwater USA and other corporate ventures. Black's proposal for ungloving the CIA, which was approved by George Bush and CIA director George Tenet in a Memorandum of Understanding soon after 9/11, called for Black to lead a private, secret war in Afghanistan against the Taliban and Al Qaeda. He asked his agents to bring him the heads of al Qaida men "on sticks," and insisted publicly that they could only be stopped when "flies are walking on their eyeballs." Among Black's warlord-like responsibilities was "jointness"--cooperation with military officials to extend military operations into extralegal savagery, as when interrogating prisoners inside storage crates at Bagram Air Force Base near Kabul or hunting down bin Laden at Tora Bora. When Cofer Black later blamed the military for the Tora Bora fiasco--planting his accusations via a "deep background" story in the Washington Post--Donald Rumsfeld had him fired. Black implements SERE tortures, disappearances, renditions, Black Sites. Cofer Black systematized torture by enlisting psychologists Bruce Jessen and James Mitchell in a program to adapt SERE techniques--tortures used by Cold War-era regimes to elicit false confessions for propaganda--for detainee interrogation. Techniques eventually perfected at Guantanamo were evident early on in Black's Afghanistan. He also used CIA resources around the world to conduct disappearances and torturous interrogations at secret Black Sites, and he made liberal use of the practice of rendition, turning prisoners over to foreign governments willing to torture them. Black privatizes murder and torture and brings it into Republican politics. After being forced out of government, Black's adventures in torture and thuggery continued in the private sector. He helped lead Blackwater USA, a company accused of killing dozens of Iraqi civilians in association with taxpayer-funded security contracts. The company he founded with Blackwater money in 2006, Total Intelligence Solutions, extends his work beyond war zones to domestic venues, providing corporate security on the home front for American corporate leaders who seek information about and protection from enemies of all kinds. Republican presidentical candidate Mitt Romney sought out Black's services and counsel, naming him a national security adviser and attributing to him the notion that waterboarding should not publicly be labeled torture and doing so would hurt America.

4.Michael Chertoff - (Israeli Dual Citizen) CFR Member, Chairman of the Chertoff Group; United States Secretary of Homeland Security (2005-2009); Judge on the United States Court of Appeals for the Third Circuit (2003-2005)

5.Eliot Cohen - (Israeli Dual Citizen) CFR Member, Director of the Strategic Studies Program at the School of Advanced International Studies, Johns Hopkins University; Counselor to the United States Department of State (2007-2009); Defense Policy Advisory Board Member (2001-2009)

6.Michael Hayden - CFR Member, Principal of the Chertoff Group; Director of the Central Intelligence Agency (2006-2009); Director of the (NSA)National Security Agency (1999-2005). Hmmmm

7.Eric Edelman - (Israeli Dual Citizen) CFR Member, Visiting Scholar at School of Advanced International Studies at Johns Hopkins University; Under Secretary of Defense for Policy (2005-2009); Principal Deputy Assistant to the Vice President for National Security Affairs (2001-2003)

8.John Lehman - (Israeli Dual Citizen) CFR Member, Chairman and Founding Partner, J. F. Lehman & Co.; National Security Advisory Counsel for the Center for Security Policy; Secretary of the Navy (1981-1987); Member of the 9/11 Commission.

9.Evan Feigenbaum - (Israeli Dual Citizen) CFR Member, Co-Chair Executive Director of the Paulson Institute; Deputy Assistant Secretary of State for South and Central Asia (2006-2009); Member for East Asia, Secretary of State’s Policy Planning Staff (2001-2006)

10.Aaron Friedberg - (Israeli Dual Citizen) CFR Member, Co-Chair Professor of Politics and International Affairs at Princeton University; Deputy Assistant for National Security Affairs and Director of Policy Planning, Office of the Vice President (2003-2005)

11.Kent Lucken - (Israeli Dual Citizen) CFR Member,Co-Chair/Director at Citigroup Private Bank in Boston; where he provides global wealth management services to international entrepreneurs, private equity firms and several of the largest privately-held corporations in the U.S. Prior to joining Citigroup, Mr. Lucken worked at Robertson Stephens Investment Bank and he served fourteen years with the U.S. Department of State. Former Foreign Service Officer; Board Member for the US-Asia Institute.

12.Kristen Silverberg - (Israeli Dual Ctizen) CFR Member, Co-Chair Chief Operating Officer at Vorbeck Materials; Ambassador to the European Union (2008-2009); Assistant Secretary of State for International Organization Affairs (2005-2008)

I don't know about you, but dual citizenship is not ok with me for an ordinary citizen. But if you hold an official position that demands that you put American interests above all else -- if you should look transparent and fair to the rest of the world regarding your formation of Middle East foreign policies, then this is an absurd trend. Even if there were no pro-Israeli agenda, the fact that decision makers have a bias or an allegiance to one of the parties involved in the current conflict should have raised red flags long before now.

Ask yourself: How you would react to the Head of Homeland Security if he or she were a dual national with citizenship in Iran, Lebanon or Saudi Arabia? Ask yourself why you don't feel the same about Israeli dual citizenship. Then you will understand how powerful the Israeli lobby has been in "adjusting" your acceptance of their special status."

So... You Want Which Fox to Guard the Hen House?

Let's examine some facts which makes up the totality of Mitt Romney's business experience.

Bain & Company was established in 1973 by a group of seven former partners from the Boston Consulting Group headed by Bill Bain. The company was headquartered in Lexington, MA on Militia Drive. Under Bain’s direction, the firm implemented a number of unconventional practices in its early years. Notably, Bain & Co. would only work with one client per industry to avoid potential conflicts of interest. Partners did not carry business cards and clients were referred to by code names, further demonstrating its reputation for enforcing client confidentiality. The company preferred to work behind closed boardroom doors rather than marketing itself.

The firm’s founding was followed by a period of growth in the late 1970s and early 1980s as the firm opened offices in London, Munich, San Francisco, and Tokyo.

An innovative consulting approach that Bain & Co. pioneered was aligning its incentives with its clients’ performance by accepting equity in lieu of fixed fees. It sometimes landed clients by offering several weeks of work at no cost until the clients stock market value demonstrated an increase in stock price relative to the Dow Jones Industrial Average. An estimated 10% of Bain's revenue is derived from this equity participation or "success fees." As an example, Bain took an ownership stake in fruit processor Del Monte Foods while working to revamp the company’s strategy.

"Coming into a leveraged buyout situation is never easy," says Del Monte CEO Richard Wolford." Bain's desire to obtain equity in the client's business was the engine behind Bain's interest in the business.

Bain &  Co. found itself facing a growing list of challenges in the 1980s. In the midst of sluggish business conditions and over staffing, Bain also faced the dilemma of having to turn away business due to its one-client-per-industry restriction. Competition increased as other firms copied Bain’s implementation-focused strategy. Daunting though these external challenges were, it was internal infighting among the senior partnership that threatened to destroy the business. In response, Bain & Company, Inc. was formally incorporated in 1985 as Bain Capital Inc. and, over the course of two years, the Employee Stock Ownership Plan (ESOP) was established. Bain's senior partners began borrowing against the ESOP equity for cash, leaving the firm with a heavy debt load and employees with a stock plan that might have been nothing more than a fable. As business slowed, this debt load began to have a real effect on the firm. Bain ultimately found itself in non-compliance with the Bank of New England's loan covenants. The resulting debt write-off at the Bank of New England eventually resulted in that bank's failure in 1991.

Facing financial duress, Bain & Company, Inc. partner Mitt Romney was asked to rejoin Bain Capital, Inc. as interim CEO. Bringing along two lieutenants from Bain & Co.,  Romney began a traveling campaign to rally employees at all Bain offices globally. Romney led a cadre of attorneys that eventually negotiated a complex settlement between the Bain partnership and the firm's lenders, including a $10 million reduction in the $38 million Bain owed the Bank of New England, which by that time had been seized by the FDIC and placed in Chapter 7 liquidation. The Boston Globe pointed out that: “Over several weeks, Romney's team managed negotiations with the banks and among the partners. The moment came when negotiations produced a package in which Bill Bain and the founding partners would give up control of the firm, turning back $30 million they had taken from the ESOP and $100 million in notes they held against the firm.”

The Romney Team plan involved "a complicated restructuring of the firm’s stock-ownership plan, real-estate holdings, bank loans, and money still owed to partners". To avoid the financial crisis that a buyout would have triggered, the group of founding partners agreed to return about $100M cash and forgive outstanding debt. Bain Capital has come a long way since the hostile takeovers it was known for when Mitt Romney was CEO.

Today it reports about $655 billion in assets, including such industry giants as Toys R US, Clear Channel Communications, (parent company of Rush Limbaugh's EIB network, and the radio shows of Glenn Beck and Sean Hannity, Dunkin Brands (Dunkin Donuts), Burlington, Warner Music Group, and the Weather Channel. Bain Capital also owns another company that for some reason is not listed on the Bain Capital website: EDGAR Online.

From an article forwarded to me:

"Bain Capital said that it had purchased Edgar Online for $12 million with the stipulation of the right to name two of the Board Members of Edgar Online, a publicly traded data services company that helps businesses prepare regulatory filings in a new format that will be mandatory by 2012... Edgar Online's main offering is helping companies to prepare filings for the Securities and Exchange Commission in a computer format known as XBRL, which is used for the S.E.C.'s Edgar tool. It also offers data analysis products for regulatory filings."

The question is why did Bain buy Edgar Online? Does the phrase "prepare filings" catch in the throat?

"EDGAR, the Electronic Data-Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (the "SEC"). The database is freely available to the public via the Internet (Web or FTP)." Approximately 3,000 company filings are made with EDGAR each and every day. In fact, if you wish to search for company filings on the Securities and Exchange Commission's website, you will be redirected to the EDGAR database.

So, Mitt Romney's Bain Capital has the ability see and then monitor every company's SEC Filing information even before the SEC sees it. Before anyone else can see them, Bain sees the filings. That is what is known as a competitive advantage. It is also known as Trading on Insider Information if Bain Capital is perusing these financial filings and using them to decide what to buy and sell within its portfolio.

According to SEC Guidelines:

"The SEC adopted new Rules 10b5-1 and 10b5-2 to resolve two insider trading issues where the courts have disagreed. Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale. The rule also sets forth several affirmative defenses or exceptions to liability. The rule permits persons to trade in certain specified circumstances where it is clear that the information they are aware of is not a factor in the decision to trade, such as pursuant to a pre-existing plan, contract, or instruction that was made in good faith.

Rule 10b5-2 clarifies how the misappropriation theory applies to certain non-business relationships. This rule provides that a person receiving confidential information under circumstances specified in the rule would owe a duty of trust or confidence and thus could be liable under the misappropriation theory." (SEC.gov)

In what could be viewed as a huge advantage over the average investor, this scandal would make the movie "Wall Street" look like "Sesame Street". An investigation of Bain Capital's internal documents by any enforcement agency, including the SEC or Congress, could make Michael Milken look like a boy scout.

"Milken was indicted on 98 counts of racketeering and securities fraud in 1989 as the result of an insider trading investigation. After a plea bargain, he plead guilty to six securities and reporting violations but was never convicted of racketeering or insider trading. Milken was sentenced to ten years in prison and permanently barred from the securities industry by the Securities and Exchange Commission. After the presiding judge reduced his sentence for cooperating with testimony against his former colleagues and good behavior, he was released after less than two years. Milken could only wish that he had access to every company's financial reports and SEC filings before anyone else knew about them.

An investigative report by ABC revealed that Republican Presidential Primary candidate Mitt Romney, has avoided paying his fair share of taxes by keeping his money in off-shore accounts in the Cayman Islands and elsewhere. Is it any wonder that he continues to refuse to release his income tax records as is the tradition of those running for the Executive Office of this nation?

Evoking FOIA exemption 7(a), the FBI denied access regarding Bain Capital records held by the F.B.I. on the grounds that such information was currently part of an ongoing criminal investigation: The letter, viewable on Scribd.com, has had the name of the person requesting information redacted, as well as the date it was written. The top of the letter reads “Subject: Bain Capital” The relevant paragraph in the letter, signed by the FBI’s David Hardy, Records/Information Dissemination Section Chief, reads in part, “I have determined that the records responsive to your request are law enforcement records; that there is a pending or prospective law enforcement proceeding relevant to these responsive records; and that the release of the information contained in these responsive records could reasonably be expected to interfere with the enforcement proceedings.” In fact, the only time the Bureau is allowed to deny such a request is during an active investigation in which acknowledgment of responsive records would compromise it.

This should be front-page news but the privately owned major media seems to have missed the importance of this issue. With Wall Street and Congress so corrupt that the average stock investor doesn't have a chance of making anything on their investments, this is an ethical and moral outrage. Is it any wonder why Mitt Romney's company, Bain Capital, from which he continues to receive significant compensation from, reports the New York Times, is under the scrutiny of the FBI?

So...Let me see if I understand this correctly, New Hampshire and Iowa want Romney to control the purse strings of this nation? You might as well have the Fox guarding the Hen House! Or maybe..., a Wolf to guard the Sheep!



For a short romping story of "Romneycare" see:
http://en.wikipedia.org/wiki/Massachusetts_health_care_reform