Friday, January 13, 2012

'Toontime: Romney, the Job Killer

[credit: Mike Luckovich, Atlanta Journal-Constitution]
Now we know the whole truth about 1%er Mitt Romney. Not only does he wear special underwear, speak out of both sides of his mouth, but he kills jobs to boot. As the CEO of the private equity firm Bain Capital, Inc. he specialized in vulture capitalism: buying and taking apart failing companies and selling them for the price of their assets. In these raids the work force is usually an expense to be eliminated. That's why he loves firing people. He said so himself. If he incidentally created some jobs while making Bain money off the corporate take-overs, it was with the aid of corporate welfare. Twenty-two percent of the companies Bain took over eventually went bankrupt.

On the other side of the political carousel we have an incumbent who never created a job in his life, married to an angry scourge so ruthless she pushed charity cases out the door of the University of Chicago Medical Center when she was the hospital's VP for Community Affairs.
Michelle Obama created, along with Obama friend Valerie Jarrett, a "South Side Health Collaborative" program that redirected welfare patients away from the medical center to community hospitals and clinics so the medical center could offer it's beds to patients who had the ability to pay for profitable procedures. President of the American College of Emergency Physicians called the program dangerously close to "patient dumping", an illegal practice since the passage of the Emergency Medical Labor and Treatment Act, and a blatant effort to prefer wealthy patients over poor ones to enhance revenue. The program used counselors whose job it was to convince poor patients to seek treatment elsewhere. It even provided bus service to shuttle the unwanted poor to other facilities. The program was so successful in generating more income for the medical center she hired Obama political adviser David Axelrod to conduct a public relations campaign under the benign title of "Urban Health Initiative" to sell the program to the public and other health care providers; the profit motive driving the campaign was pure Machiavellian. With a for-profit medicine advocate like her at the President's ear, the public option did not stand a chance.