Life in These DizzyDayz

You only THINK you know me

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underthemountainbunker:

THAT’S SO BAIN! The Tampa Bay Times reports on yet another example of Mitt Romney’s “heads I win, tails you lose” business model: Millions of dollars in tax subsidies given to Bain-owned Dade Behring for creating jobs in Puerto Rico … after which the company shut down its Puerto Rico operations. […] Romney says he supports tax incentives at the state level, but note that this involved federal dollars—dollars that went to a Bain-owned company for creating jobs even though the company destroyed the jobs. Adding insult to injury: Romney’s firm “earned” $342 million on it’s $30 million Dade Behring investment, a profit of more than one thousand percent, even though it ended up firing 850 Floridians. — Jed Lewison

underthemountainbunker:

THAT’S SO BAIN! The Tampa Bay Times reports on yet another example of Mitt Romney’s “heads I win, tails you lose” business model: Millions of dollars in tax subsidies given to Bain-owned Dade Behring for creating jobs in Puerto Rico … after which the company shut down its Puerto Rico operations. […] Romney says he supports tax incentives at the state level, but note that this involved federal dollars—dollars that went to a Bain-owned company for creating jobs even though the company destroyed the jobs. Adding insult to injury: Romney’s firm “earned” $342 million on it’s $30 million Dade Behring investment, a profit of more than one thousand percent, even though it ended up firing 850 Floridians. — Jed Lewison

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Filed under Mitt Romney Dade Behring Puerto Rico Bain Capital Romney Bain Miami Floridians Barack Obama

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