Editor:
Shining a spotlight on the Romney-Ryan teams reveals some alarming facts. As governor, Romney dropped Massachusetts to No. 47 in job creation. As head of Bain Capital, he produced large profits for the investors by buying up manufacturing plants and sucking money out of them by shrinking the payroll (typically 70 percent of the operating cost of such plants), which meant firing workers something Romney is on record saying he likes doing. In some cases, Bain Capital shrunk the payroll to zero and closed the plant, destroying the livelihoods and pensions of long-time employees and outsourcing their jobs. Romney calls this harvesting. He boasts of creating jobs with Bain Capital, when the sole purpose of such companies is to make profit by drawing capital from the acquisition. He has talked about getting tough with Chinas labor practices, but has himself made investments in a couple of Chinese companies. Dont look for integrity from Mitt Romney. His father had it. He doesnt.
Romneys truncated disclosure of his taxes is a joke. He says that he has always paid 100 percent of taxes owed, possibly a true statement, but deceptive. With deductions, tax loopholes and money parked overseas beyond the reach of the IRS, he may well have owed no taxes in multiple years. One hundred percent of 0 taxes owed is 0. Romneys foreign policy experience is limited to where he parks his money overseas.
Romneys insensitive dismissal of the 47 percent of Americans (150 million) who pay no income tax shows how out of touch he is with the struggling lower middle class. He blindly claims that everyone in this 47 percent is for Obama, whereas, ironically enough, the 150 million includes Republicans and Independents who would probably be voting for him. Romneys 150 million victims include retired seniors, military personnel, students, the disabled, and low-income working families.
As for Ryan, his budget plan exposes him as indoctrinated with the sociopathic ideology of Ayn Rand. Protectors of greed at the top, at the expense of the middle class, the Romney-Ryan combo is a disaster waiting on your vote to happen.
Denton May
Cortez