Less than a year after loading the company up with debt, Romney and Bain gave themselves bonuses four times bigger than the $8 million they had put into the deal.
Sentiment: NEGATIVE
It's like doctors can't save all their patients, but, on balance, Bain under Gov. Romney created well over 100,000 jobs, which is certainly more than has been created in the Obama administration because we're down over 500,000 over the last three-and-a-half years.
I think Romney's talking himself out of the election, to be honest. I was wondering what was gonna happen when the Republican power structure turned the money on, and then they turned on the money and nothing happened.
The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined.
Either Mitt Romney through his own words and his own signature was misrepresenting his position at Bain to the SEC, which is a felony, or he was misrepresenting his position at Bain to the American people.
And you know what? At the end of the day, it gets down to Obama and Romney. And what it's going to get down to is this. Obama is going to say, 'I inherited a mess and I'm making it better.' And Romney is going to say, 'you haven't made it good enough. And I can do far better than you have done.'
Mitt Romney knows America's prosperity didn't happen because our government simply spent more. It happened because our people used their own money to open a business.
When you can't lend or trade - and you can't invest with the leverage that juiced returns to support seven- and eight-figure bonuses - how exactly are you going to make money?
Mitt Romney has a history of being a great job creator. Secondly, he was a great governor. He went from billions of dollars in the hole when he became governor to billions of dollars in surplus when he left. And he went from the loss of tens of thousands jobs when he became governor to the creation of 40,000 new jobs when he left office.
I don't think bonuses are always bad.
Mitt Romney turned businesses around in the private sector. He saved the Winter Olympics.
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