Support justice-driven, accurate and transparent news — make a quick donation to Truthout today!
(Photo: Gage Skidmore / Flickr)Here’s a video of Romney in his early years at Bain, explaining his purpose in acquiring companies was to “harvest them at significant profit.”
No one should be surprised. After all, Bain Capital wasn’t in the business of creating jobs. It was in the business of creating profits.
The two goals aren’t at all the same — as Americans whose jobs have been eliminated or whose wages and benefits have been cut know all too well.
For years, higher corporate profits have come at the expense of fewer jobs and lower wages. Business leaders and financiers have been “harvesting” like mad, leaving most Americans behind in the dirt.
Romney’s main selling point to voters is his so-called “business experience.” Yet America can’t afford this sort of “business experience” in the White House.
To the contrary, we need someone who doesn’t see the economy as profits to be harvested, but as people who need more and better jobs.
In 2012 that person is Barack Obama, not Mitt Romney.
A terrifying moment. We appeal for your support.
In the last weeks, we have witnessed an authoritarian assault on communities in Minnesota and across the nation.
The need for truthful, grassroots reporting is urgent at this cataclysmic historical moment. Yet, Trump-aligned billionaires and other allies have taken over many legacy media outlets — the culmination of a decades-long campaign to place control of the narrative into the hands of the political right.
We refuse to let Trump’s blatant propaganda machine go unchecked. Untethered to corporate ownership or advertisers, Truthout remains fearless in our reporting and our determination to use journalism as a tool for justice.
But we need your help just to fund our basic expenses. Over 80 percent of Truthout’s funding comes from small individual donations from our community of readers, and over a third of our total budget is supported by recurring monthly donors.
Truthout has launched a fundraiser to add 432 new monthly donors in the next 7 days. Whether you can make a small monthly donation or a larger one-time gift, Truthout only works with your support.