Open Thread

Rebuttal Forecast


Artist - Randall Enos

I implore all of you to read this piece from Vanity Fair on Mitt Romney's finances and Bain Capital's slimeball financial trickery. It's astonishing.

I'll just share one excerpt here

[The] Romneys were reported to have invested at least $1 million in Elliott Associates, L.P., a hedge fund specializing in “distressed assets.” Elliott buys up cheap debt, often at cents on the dollar, from lenders to deeply troubled nations such as Congo-Brazzaville, then attacks the debtor states with lawsuits to squeeze maximum repayment. Elliott is run by the secretive hedge-fund billionaire and G.O.P. super-donor Paul Singer, whom Fortune recently dubbed Mitt Romney’s “Hedge Fund Kingmaker.” (Singer has given $1 million to Romney’s super-pac Restore Our Future.)