Tuesday, July 24, 2012

Mitt Romney And Medicare: A Story Of Fraud, A Story Of Big Profits, Big Lies

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One of the key questions voters will have to ask themselves in November is whether or not Mitt Romney's experience as a business man-- he started rich and made himself richer-- is the kind of experience that would be beneficial for the country. Keeping in mind that the last two Republican businessmen elected president were the two most disastrous presidents, especially in terms of the economy-- Herbert Hoover and George W. Bush-- voters have to ask themselves if, in the end, Romney was much more than just a con man with a good teeth-whitening job.

The video above, made by Republicans, for Republicans was a response to one of Romney's unending lies about his past, this time about his public denial that Bain did any work with the government like Medicaid and Medicare. Now, as these Republican operatives working to nominate Newt Gingrich, reported, "we learn that Bain, under Romney's 'supervision,' purchased and ran the Damon Corporation, who pled guilty to Federal conspiracy charges as a result of tens of millions of dollars in systemic Medicare fraud committed under Romney's and Bain's control. Damon was fined over $119-million which was, at the time, the largest criminal healthcare fine in Massachusetts history and Mr. Romney's participation was characterized in 1996 by Corporate Crime Reporter thusly: 'As manager and board member of Damon Corp, Mitt Romney sits at the center of one of the top 15 corporate crimes of the 1990's."

It may look like a Democratic Party hit piece but Blood Money: Mitt Romney's Medicare Scandal was made by Republicans and paid for by none other than Romney's now #1 funder, Vegas/Macau Organized Crime figure Sheldon Adelson. This is the quintessential Mitt Romney and his Bain business model-- ruthlessly cheating everyone else to get richer and richer. It's why Romney and crooks like him oppose government and oppose regulation. His business experience is clear-- it's why he's been known as a predator and a vulture capitalist for his entire career in the business world. And it's why Bain Capital is so universally hated. And it's why his presidential campaign is being financed by the people-- and corporations-- that are spending hundreds of millions of dollars to get him into the White House.

This film is a clear indictment of a con man who, in effect, is just a smoother version of Florida Governor Rick Scott. Romney bilked Medicare of millions of dollars to enrich himself. Is that the kind of president we should ever consider. Gingrich warned America. But Gingrich was a flawed messenger. It's hard to watch this short film without a sense of panic about how close this presidential contest has become and how close we are to hiring a vampiric criminal to lead the nation.

When Romney sold his medical fraud company-- just before the company got hit with the largest criminal healthcare fraud fine ever levied in Massachusetts history-- Bain made a $12 million profit (of which Romney personally pocketed $473,000) while thousands lost their jobs, he company went bankrupt and American taxpayers were bilked for another $40 million so Romney and his partners could get richer.

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