Current RINO Senator representing UT. He became a management consultant at Bain & Company in 1977, later serving as Bain’s CEO. In 1984, he co-founded and led the spin-off company Bain Capital, a highly profitable private equity investment firm that became one of the largest of its kind in the nation. Romney’s considerable net worth, estimated in 2012 at $190–250 million, helped finance his political campaigns prior to 2012. Romney served as the 70th Governor of MA from 2003-07 brought socialized health care to Massachusetts during his one term as governor, inspiring the federal Obamacare law. and was the GOP’s nominee for POTUS in the 2012 election, becoming the first Mormon to be the presidential nominee of a major party. He was defeated by incumbent Obama after a disaster campaign. Questions remain about his unethical business practices, possible money laundering, and connection (Board member Cofer Black) to corrupt Burisma Holdings that may explain his opposition to any digging into Ukraine corruption.
During his 16-years at Bain Capital, fully one-fourth or $600 million of the firms cumulative $2.5 billion of profits ($1.1bln investment in 77 deals) were scalped from companies which went bankrupt soon after Mitt and his partners got out of town with the loot. While Romney did everything to maximize his own profits, thousands of employees were soon without a job.
Romney accepted money from Robert Maxwell, Jeffrey the father of Epstein’s companion / handler Ghislaine Maxwell, in the very early days of Romney’s firm Bain Capital. Robert Maxwell is a known Mossad agent and it is suspected and alleged that his daughter and Epstein were as well. Sometimes beggers can’t be choosers so it is no crime to accept money from someone as long as it is legal, but its a connection that sometimes connects other dots for a clearer picture, but maybe nothing at all.
In Great Deformation, author David Stockman wrote a chapter called “Willard M. Romney And The Truman Show Of Bubble Finance”. The portion excerpted in Newsweek in October 2012 is reprinted below:
Bain Capital is a product of the Great Deformation. It has garnered fabulous winnings through leveraged speculation in financial markets that have been perverted and deformed by decades of money printing and Wall Street coddling by the Fed. So Bain’s billions of profits were not rewards for capitalist creation; they were mainly windfalls collected from gambling in markets that were rigged to rise…
Except Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, and stripped businesses. He did not build enterprises the old-fashioned way—out of inspiration, perspiration, and a long slog in the free market fostering a new product, service, or process of production. Instead, he spent his 15 years raising debt in prodigious amounts on Wall Street so that Bain could purchase the pots and pans and castoffs of corporate America, leverage them to the hilt, gussy them up as reborn “roll-ups,” and then deliver them back to Wall Street for resale—the faster the better…
The waxing and waning of the artificially swollen LBO business has been perfectly correlated with the bubbles and busts emanating from the Fed—so timing is the heart of the business. In that respect, Romney’s tenure says it all: it was almost exactly coterminous with the first great Greenspan bubble, which crested at the turn of the century and ended in the thundering stock-market crash of 2000-02. The credentials that Romney proffers as evidence of his business acumen, in fact, mainly show that he hung around the basket during the greatest bull market in recorded history.
You can read the entire Newsweek article with commentary from Stockman HERE
To fully appreciate Mitt’s resume, one need only look at a short list of crimes that Bain Capital has been charged with and some of their many unethical deals. Mitt was personally responsible for most of these when he was the CEO.
- Liquidated Key Airlines in 1984-85 by unlawfully suppressing the pilots’ union.
- Made $34 million, 34 times its 1986 investment, in mobile medical equipment manufacturer Calumet Coach.
- Brokered a merger for Stage Stores in 1988, knowing that the Milken junk bonds were bogus; Bain’s $10M investment gave $175M profit by 1997; Stage Stores filed bankruptcy in 2000.
- Purchased the Damon International medical lab in 1989; company went public in 1991, then was sold to Corning in 1993. Romney hired Joseph Isola as Damon’s president & CEO in January 1990; Isola pled nolo contendere in July 2000 to federal charges of conspiracy to defraud Medicare.
- Made $55 million, 16 times its 1990 investment, from the Gartner Group.
- Bain Capital’s Bank of New England investment was failing in 1991, so CEO Mitt Romney got the F.D.I.C. to agree to a $10M write-off while Bain executives collected fat bonuses.
- Purchased Duane Reade in 1992, a chain of family-owned New York City pharmacies. The company was twice fined for selling expired non-prescription drugs, baby formula, and other products. A new owner in 2005 quickly fired the lead attorney, who was sentenced in August 2011 to three years in prison for falsely inflating Duane Reade’s income and misleading investors.
- Took over Ampad (American Pad & Paper) for $5M in 1992; laid off 200 union workers in 1994 and hired them back at reduced wages; the union struck; Bain closed the plant, and then walked away with $100M in profits.
- Purchased the G.S. Industries steel plant in Kansas City, Missouriin 1993, for $8.3M; in 1994, G.S.I. borrowed $125M to pay off debt and modernize and to pay Bain Capital executives $36M; G.S.I. went bankrupt and the plant closed; the P.B.G.C. (Pension Benefit Guaranty Corporation) government agency covered $44M in G.S.I. pension losses in August 2005.
- Bain Capital (initial investment $30M) and Goldman Sachs bought Baxter International in 1994 and renamed it Dade International; Dade bought a chemical division from Dupont in 1996 and Behring Diagnostics in 1997; failing to get a decent buyout offer in 1999, Dade management took out loans to buy out half the stockholders (the Bain half) with $242 million to Bain and $121 million to Goldman Sachs and $55 million to top Dade executives, for a total payout of $420 million; in all, the company racked up $1.5B in debt; Bain took $100M in fees and $242M in profits; Dade filed bankruptcy in 2002, 2100 workers lost their jobs; Dade was sold in 2007 to German conglomerate Siemens for $7B.
- GS International: In a somewhat less profitable transaction, Bain Capital invested $60 million in 1993 and received $65 million in dividends. This company, too, went bankrupt in 2002, and 750 workers lost their jobs.
- In 1998, Domino’s Pizza co-founder and sole owner Tom Monaghan sold 93 percent of the company to Bain Capital for $1.1B; Bain added $1.5B in debt, and took away five times their investment. The pizza company is thriving, but has assets of only $425M and long-term debt of $1.57B, which computes to $23.64 negative book value per share.
- Bain Capital formed Sensata Technologies in 2006, in Freeport, Illinois to develop, manufacture and market sensors and controls for major auto manufacturers such as Ford and General Motors. Despite rising profits, the company has plans to shut down the factory; American workers were made to train their Chinese replacements, who were flown to Illinois by the company.
At Bain, Romney invested in the fetus disposal company and longtime Planned Parenthood partner Stericycle.
There is still a question plaguing Mitt’s corrupt career about exactly when he left his position as CEO of Bain Capital. There are conflicting state and federal SEC and FEC filing statements contradicting his retroactive retirement contention. It is pertinent to know why he fled Bain Capital in August 2001, and why he cited February 1999 as his official separation date when he was CEO the entire time. MoveOn.org filed a complaint with the DOJ over Romney’s disclosure, claiming he was 100% stock holder and was paid as a Bain Capital executive in 2002 despite his contention that he left active management in 1999.
The period between Feb 1999 and Aug 2001 is when Romney, Bain Capital, and their corrupt operatives conspired to commit bankruptcy fraud guaranteeing Bain Capital could plunder a company they managed with impunity.
Despite the fact that Bain’s secret law firms (MNAT and Paul Traub) admitted lying, there was no Department of Justice investigation into Bain Capital, Romney, or their surrogates’ fraud and perjury because in August 2001, George W. Bush nominated another MNAT partner, Colm Connolly, as Delaware United States Attorney. Consequently, as Bain Capital’s friend, he refused to investigate and/or prosecute the confessed acts of perjury and admitted intentional crimes.
Romney was head of Bain Capital while his team of conspirators committed fraud on the court, and when they were reported to the Department of Justice he “retroactively retired” to conceal his involvement and avoid a Department of Justice investigation.
George W. Bush’s appointment of a lawyer from Bain Capital’s secret law firm as U.S. Attorney guaranteed Romney would not be investigated, but retroactive retiring does not change public docket records or FEC and SEC filings showing he profited from corruption, fraud, and racketeering (RICO) as head of Bain Capital, and as he was a corrupt vulture capitalist.
Romney’s fortune would not have been possible without the direct assistance of the U.S. government. He has done well at milking the government when it suits his purposes, the most obvious instance being the incredible $1.5 billion in aid he siphoned out of the U.S. Treasury as head of the 2002 Winter Olympics in Salt Lake – a sum greater than all federal spending for the previous seven U.S. Olympic games combined. Romney, the supposed fiscal conservative, blew through an average of $625,000 in taxpayer money per athlete – an astounding increase of 5,582 percent over the $11,000 average at the 1984 games in Los Angeles.
In 1993, right as he was preparing to run for the Senate, Romney also engineered a government deal worth at least $10 million for Bain’s consulting firm, when it was teetering on the edge of bankruptcy. This debacle was called; The Federal Bailout That Saved Romney.
Romney has been known as a RINO or Neocon politician, and he’s certainly not a true republican. He’s been anti-Trump from the get-go and jumped on the “Impeach Trump” train the same day Nancy Pelosi announced it. He was also anti-Reagan! In August 2017, Mittens took to twitter to defend Antifa:
Now we know we he created a 2nd twitter account (remember Pierre Delecto?) to tweet out his unpopular, communist beliefs that only anger his republican base. His late-in-life switch from pro-choice to pro-life conveniently coincided with his move from state politics to the national arena, where pro-life commitments benefit Republican candidates. When he had actually held power as governor of the Bay State for four years, he governed as a typical Northeast progressive, appointing technocrats, pragmatists, and liberals, while giving short shrift to movement conservatives. To this day, the former governor remains a proud advocate of Romneycare, his signature contribution to expansive government and the first state level equivalent of Obamacare (also written by Gruber), increased regulation, ballooning healthcare spending, free government funded abortions, and diminished personal liberty. Whatever Romneycare was, it most certainly was not conservative.
He’s flip-flopped seemingly for political purposes only, on abortion, gun control, while remaining opposed to most conservatives on lgbtq issues and mostly votes big government. He’s a wolf in sheep’s clothing when it comes to being conservative or Republican.
There may be more to his eagerness to oust Trump than meets the eye. Like Pelosi, Schiff, Biden and others involved in the coup, Romney has connections to the corrupt Ukrainian oil company Burisma Holdings as well. According to an article on RedState.com:
Romney’s National Security Advisor, Joseph Cofer Black, sits on the Board of the same Burisma Holdings that was being investigated for corruption back in 2014, and the Vice President and Obama Administration demanded be shut down. Why? Because Burisma was/is their vehicle for corrupt practices in Eastern Europe. And CIA Director, John Brennan’s 9/11 Deep State partner, Cofer Black, is still the link to all that goes on there. In fact, I can state unequivocally that Burisma is the centre of Ukraine corruption and the Democrats’ shadow organisation for corrupt activities. I live in Eastern Europe (Poland) and my sources are first-hand. And I know this matters greatly to Mitt Romney as he is not yet done with politics. If Black is busted, it will reflect on Romney, and it only makes sense that Cofer Black is the Deep State ‘plant’ in case Romney ever rises above polishing knobs in the U.S. Senate. Romney wants to run for President again in 2024 and if he wins, Cofer Black will be back with his fingers on the strings either as DNI or CIA Chief of Corruption. Burisma Holdings is the hub of U.S. Democrat activities to corrupt both Ukraine and American politics and there is proof. Ukraine President Zelenskyy’s win surprised both Brennan and Black’s Deep State ops as much as Trump’s did in 2016 in America.2
Cofer Black may be the real reason Romney is desperate to have President Trump’s real investigation shut down. The above excerpt seems to connect some dots that make sense and would tie some things together to make sense, but they are only opinion and speculation at this point.
A Bush Crime Family Adopted Son?
Mitt’s true history cannot be told unless the criminal milieu that he worked within is described beforehand. Only when you get the picture of this crime syndicate and their incredible power and political reach, will you see where Unfit Mitt fits into the puzzle of corrupt bankers, rogue CIA, and the underbelly of politics. Mitt’s crimes have often been aligned with the big dogs on the global block — the Bush Criminal Cartel.
Mitt Romney worked closely with the crooked director of Riggs Bank, Jonathan Bush, the son of Prescott Bush, the man they call Hitler’s banker. Prescott’s other infamous son is George H. W. Bush, who practically adopted Mitt and made sure that his political path was free and clear. George H. W. Bush and Mitt Romney were part of the team that fleeced the former Soviet Union through Riggs-Valmet Bank and then laundered the money through Romney’s Bain Capital.
Mitt was so helpful to Jonathan Bush and George H. W. Bush that they cleared the way for Mitt again and again, grooming him to become president of America so that the CIA could maintain control of the White House through a Bush Criminal Cartel adopted son. When Mitt failed repeatedly to win the White House, they finally had to dip low into their gene-pool to put Jeb up for the job.
Romney became wealthy ($250 million that we know about) through his association with the Bushes, especially through Jonathan’s Riggs Bank. Undoubtedly Mitt has many off-shore accounts to hide his personal spoils from the Soviet Union theft and the deals that were made during the Bush-designed economic collapse and fleecing.
When Mitt ran for president, many people came out and bashed him with political hijinks, showing his lies and contradictions in his own public statements. The article below is one such bashing that should make everyone aware that Mitt is a fraud, liar, and political tool for the Bush Criminal Cartel. The new movement to crown Mitt the Mormon Senator from Utah who will “stand up” to Trump is also accompanied by a #NeverRomney movement that has not forgotten his lies, crimes, and political maneuverings.
Thanks to Mitt, the Democrats got to claim that their impeachment show trial was “bipartisan,”the first in history. Anyone who has followed Mitt’s career could have seen this betrayal coming. This isn’t the first time he’s behaved like a bitter sanctimonious weasel when it comes to Donald Trump. As a result of his traitorous and vindictive behavior during the impeachment trial of President Trump, a bill was introduced in the Utah legislature that would allow for the recall of a U.S. senator. To be continued…
In 2016, Romney used his clout as the Republican Party’s 2012 nominee to gather the media to Salt Lake City with great fanfare to hear his thoughts on the 2016 race just days before the crucial Michigan primary. But Mitt didn’t use his encore on the national stage to endorse a candidate. No. He just wanted the whole world to hear him deliver an 18-minute speech trashing the hell out of his party’s then-frontrunner Donald Trump.
But long before Romney stabbed Trump in the back, he stabbed the working class voters that Trump brought to the Republican Party. First, let’s recall that Romney lost the 2012 election in large part because he couldn’t win over white working class voters. Of course, the Democrats ran one ad after another showing the Americans who lost their jobs to make Mitt filthy rich as their factories were shuttered and shipped to China – and rightfully so.
To what degree the attention on Bain Capital helped defeat the Romney-Ryan ticket in 2012 is subject to conjecture; in any case, Mitt Romney lost all of his various home states, and Paul Ryan (his running mate) did not even carry his home town of Janesville, Wisconsin.
You might ask how Mitt can commit so many economically unethical deeds and get off without prosecution, or without having the public know about his true nature – an economic predator driven by corruption and greed. Mitt is protected by the Bush Criminal Cartel, just like Bill and Hillary and Barack Obama. The White House was taken over by a rogue CIA agent, George H. W. Bush, and has been under his control until the election of Donald Trump which is shaking the corrupt foundations of George H. W. Bush’s rogue CIA control of government.