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Saturday, November 3, 2012

Mitt Romney, ie. Mr. Fantasy, Profited From The Auto Bailout

Mitt has morphed into the person that the band---Traffic--wrote about in their song, Mr. Fantasy:

Dear Mister Fantasy play us a tune
Something to make us all happy
Do anything take us out of this gloom
Sing a song, play guitar
Make it snappy
You are the one who can make us all laugh
But doing that you break out in tears
Please don't be sad if it was a straight mind you had
We wouldn't have known you all these years.

The truth is that no one has known this guy at all. He is a non-person. He is a Nowhere Man.

Mr. Fantasy benefited from the auto bailout, yet he has stated time and time again that the auto industry should have gone into bankruptcy. Now that the bailout is history and he profited from it, it is easy for him to say that the industry should have gone into bankruptcy.

Here is an excerpt from the piece written by Jason Cherkis and Zach Carter:

"In 2000, a financially struggling plastics company that supplied car parts received emergency funding from auto manufacturers General Motors and Ford Co. The plastics company was owned by Bain Capital, the firm co-founded by Mitt Romney."

Read the entire article here.

GM Helped Bain Capital Profit By Giving Funding To Struggling Parts Supplier Owned By Investment Firm.


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