Every once in a while politicians slip up and the truth comes out of their mouths. Recently Mitt Romney had one of those rare moments and while his campaign has been detail free on the specifics of what they would actually do if elected this one shows his intent.
Romney's Business Plan for America.
It is a page that millions of Americans will recognize... because it comes right out of the "corporate leverage buyout" playbook that has put millions out of work.
1. Get control of the company = Say anything, promise anything no matter how inflated, to win the election and get control of congress
2. Harvest profit centers and sell them off = Privatize the postal service, privatize education, privatize all healthcare, military supply already sold to Halliburton by Bush etc. etc.
3. Liquidate Assets = Sell off federal lands and mineral rights.
4. Reduce payroll by laying off personnel = shrink government by getting rid of public employees (teachers,firemen, policemen, postal workers,FDA inspectors and the list goes on!)
5. Get rid of pension plans to reduce overhead = Get rid of medicare, medicaid and social security
6. Provide dividends to key investors for continued support = massive tax cuts to the .0001%ers funding his campaign and buying congress through lobbyist.
Does any of this sound familiar to you... it does to me when I take the 10,000 foot up vantage point on what the Romney campaign is selling... his business experience.
Well in 25 years in international business I've watched LBO experts like Romney ruin one company after another doing this. They don't build anything... just pick the bones clean and take the money and run.
Talk me down from this if you can... but this is what I see happening to America if the GOP gets their way and a whole lot worse will follow.
I almost forgot... Happy Labor Day!