documents filed by Bain and Stericycle with the Securities and Exchange Commission–and obtained by Mother Jones–list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents–one of which was signed by Romney–also contradict the official account of Romney’s exit from Bain.
“The number that I find most unusual and gives you a sense of what is systemic about it is: The top 400 people, individuals — you could get them in this space if you squeeze just a little bit — have more wealth now than the bottom 180,000,000 Americans taken together. That’s a medieval number. […]
Last night I was listening to AM talk radio, and a Republican candidate was promoting the following conservative narrative: “Yes, there is terrible wealth inequality, and it’s due to government waste, corruption and regulations. We need to slash taxes and get rid of regulations so that the middle class can have jobs and thrive. Government […]