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of bain capital, which even though bain capital sounds like it's been named after a batman villain andlook a company whose logo is a giant fist squeezing the global, we are assured bain capital is in no way evil. >> bain, for the most part, they have a lot of different businesses, but their primary business is private equity. >> bain capital, for example, looks for companies that are vulnerable but still have a decent business model, and they say, "we can make it better." >> jon: gee whiz, these guys sound great. they come in and fix up up what's wrong, like what the "year eyed guys" did for say the strait guys. or what jimmy smitss does for tv shows. it's like when wayne bought wesley jesson vision care for six million bucks. they were in the specialty contact lens businesses. wesley jesson specialty contact lenses for when you absolutely, positively, want to freak out your friends. ( laughter ) so bain refocused on the core business, cut ad spending, and two years later took wesley jesson public and brought themselves in a cool $300 million profit. cha-ching, ( bleep ). or there's da
of bain capital, which even though bain capital sounds like it's been named after a batman villain andlook a company whose logo is a giant fist squeezing the global, we are assured bain capital is in no way evil. >> bain, for the most part, they have a lot of different businesses, but their primary business is private equity. >> bain capital, for example, looks for companies that are vulnerable but still have a decent business model, and they say, "we can make it better."...
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Feb 2, 2012
02/12
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MSNBC
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the bain guy doesn't know how to do that.ow how to fly the plane, he doesn't know how to run the plane. he's only on the plane because he's bleeding money for american airlines to make himself as rich as mitt romney. or he's on his way to some other city to try to make more money. in november, you will have a chance to vote for the person who appoints the director of the pension benefit guarantee corporation and the choice you will be offered will be president barack obama or a bain guy. erything - everything. but why energy? we've got over 100 years worth. is it safe to get it? but what, so we should go broke with imports? look, i'm just saying. well, energy creates jobs. [announcer:] at conocophillips, we're helping power america's economy with cleaner, affordable natural gas. more jobs, less emissions. a good answer for everyone. we gotta be careful. it's cleaner. it's affordable. look, if it's safe, i'm there. [announcer:] conocophillips. i'm going to own my own restaurant. i want to be a volunteer firefighter. when i gro
the bain guy doesn't know how to do that.ow how to fly the plane, he doesn't know how to run the plane. he's only on the plane because he's bleeding money for american airlines to make himself as rich as mitt romney. or he's on his way to some other city to try to make more money. in november, you will have a chance to vote for the person who appoints the director of the pension benefit guarantee corporation and the choice you will be offered will be president barack obama or a bain guy....
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Feb 2, 2012
02/12
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MSNBCW
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the bain guy doesn't know how to do that. how to fly the plane, he doesn't know how to run the plane. he's only on the plane because he's bleeding money for american airlines to make himself as rich as mitt romney. or he's on his way to some other city to try to make more money. in november, you will have a chance to vote for the person who appoints the director of the pension benefit guarantee corporation and the choice you will be offered will be president barack obama or a bain guy. [ male announcer ] the inspiring story of how a shipping giant can befriend a forest may seem like the stuff of fairy tales. but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more recycled shipping materials... and a growing number of lower emissions planes... which still makes for a pretty enchanted tale. ♪ la la la [ man ] whoops, forgot one... [ male announcer ] sustainable solutions. fedex. solutions that matter
the bain guy doesn't know how to do that. how to fly the plane, he doesn't know how to run the plane. he's only on the plane because he's bleeding money for american airlines to make himself as rich as mitt romney. or he's on his way to some other city to try to make more money. in november, you will have a chance to vote for the person who appoints the director of the pension benefit guarantee corporation and the choice you will be offered will be president barack obama or a bain guy. [ male...
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Feb 4, 2012
02/12
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CURRENT
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bain is looking good.t romney makes plenty of money, but the company can't sustain itself with this new debt. it's this financial engineering that has been going on in this country for 30 years and it's healthy we're having examination with bain capital. >> thank you for clarifying. i appreciate it. one more thing i want to tell the audience. you got to understand, it's amazing, they borrow like $300 million on top of the company, then they put it in their pocket. they say look at that. that's a dividend for the financial generous. people like mitt romney do this at bain capital. then the company can't pay back the $300 million, they say that's not my problem, it's your problem. that's not being a financial generous. it's robbery. once they got rid of the financial problems they made good products and they got back out of bankruptcy, and they were successful and profitable once bain capital left. that's part of the injustice in this system and private equity, and i wanted everybody to understand that. now
bain is looking good.t romney makes plenty of money, but the company can't sustain itself with this new debt. it's this financial engineering that has been going on in this country for 30 years and it's healthy we're having examination with bain capital. >> thank you for clarifying. i appreciate it. one more thing i want to tell the audience. you got to understand, it's amazing, they borrow like $300 million on top of the company, then they put it in their pocket. they say look at that....
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Feb 15, 2012
02/12
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KRCB
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even though he left bain capital in 1999, romney still gets millions a year from bain's piece of therofits that investors get from bain's buyout funds, and pays only 15% federal tax on it. in some years, less. compare that with my social security benefits. my wife and i pay 30% tax on those. that's because 85% of our benefit is taxable, and we pay 35% percent on that, thanks to the a.m.t. this all happens because, under our current tax system, income from capital, which is how romney's bain payments are treated, is much more valuable than income from work, which is how social security is treated. i have no idea if romney would make a good president. but if he wants to offer retirement advice, i'll be his first client. i'm allan sloan. >> tom: one player, one incredible break, and one heck of a winning streak add up to big profits for shareholders of madison square garden. in tonight's beyond the scoreboard," rick horrow's take on "lin-sanity." >> reporter: lin-sanity, the meteoric rise of knicks' point guard and harvard economics graduate jeremy lin, has taken new york by storm. the
even though he left bain capital in 1999, romney still gets millions a year from bain's piece of therofits that investors get from bain's buyout funds, and pays only 15% federal tax on it. in some years, less. compare that with my social security benefits. my wife and i pay 30% tax on those. that's because 85% of our benefit is taxable, and we pay 35% percent on that, thanks to the a.m.t. this all happens because, under our current tax system, income from capital, which is how romney's bain...
SFGTV2: San Francisco Government Television
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Feb 27, 2012
02/12
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it was bryonn bain, aka bostick. i did not know who that was. they have given up my information and i've done myself in jail again for a crime i did not commit. this time i said, hell no, i am suing everybody. the police, the state of new york. the public defender came to me -- this is the craziest part of the situation. the public defender who is there to defend your constitutional rights -- she came in to see me with plastic cause and a surgical mask. i saw her walking around with all the rest of the brothers. i thought maybe she had something that she did not want to give us. [laughter] that is righteous. i respect that. whenever you have to do. then she got me into the interrogation room and she said to me, you say you have education. where did you go to school, high school? public-school of new york. this does that add up. i skipped two grades before college. where did you go to college? how did you pay for college? you went to grad school? how did you pay for law school? what did that have to do with my case? i was just going with the flow
it was bryonn bain, aka bostick. i did not know who that was. they have given up my information and i've done myself in jail again for a crime i did not commit. this time i said, hell no, i am suing everybody. the police, the state of new york. the public defender came to me -- this is the craziest part of the situation. the public defender who is there to defend your constitutional rights -- she came in to see me with plastic cause and a surgical mask. i saw her walking around with all the...
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because newt has attacked reallyny for bain capital. do you think that there is anything wrong with the amount of money that romney has made and its amount he's kept? david i will go to you. >> well, i'm a capitalist. >> right. >> i'm glad i didn't know that you were that kind of capitalist when i used to kiss your poster on my wall. i mean there are different kinds of capitalists. >> stephen: david, david, david-- david, heads up. >> you've got the talking
because newt has attacked reallyny for bain capital. do you think that there is anything wrong with the amount of money that romney has made and its amount he's kept? david i will go to you. >> well, i'm a capitalist. >> right. >> i'm glad i didn't know that you were that kind of capitalist when i used to kiss your poster on my wall. i mean there are different kinds of capitalists. >> stephen: david, david, david-- david, heads up. >> you've got the talking
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Feb 4, 2012
02/12
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they are good. >> rich, you can't have capitalism without bain capitol and that was right in the mix.no one is arguing that. but you know mitt's comback in florida prove if you outspend gingrich 5-1 and get newt out of his game, you can beat him. big referendum on capitalism. and whether it is mitt or anybody else. they have to come up with better arguments than they came up to defend free enterprise. >> steve, if mitt wins in nevada is that good for capitalism. >> i would say yes. you are starting to defend capitalism and their career. he said he was going to raise minimum wage. i would send them free of charge a book i co-authored how capitalism and free people and free markets are the way to save america. >> boy, after that. vict toria what do you think? >> yeah, that impressive, steve. i agree with rich, the real revundum come in november . he has to defend his tract record. most americans are skeptical of lbo's. they have reputation for coming in the companis and letting workers go. that is not a popular career to have h. he needs to defend it and sell us. >> rick. what do you th
they are good. >> rich, you can't have capitalism without bain capitol and that was right in the mix.no one is arguing that. but you know mitt's comback in florida prove if you outspend gingrich 5-1 and get newt out of his game, you can beat him. big referendum on capitalism. and whether it is mitt or anybody else. they have to come up with better arguments than they came up to defend free enterprise. >> steve, if mitt wins in nevada is that good for capitalism. >> i would say...
SFGTV2: San Francisco Government Television
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Feb 27, 2012
02/12
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colvin and also to byrin bain for telling his story, but thank you for coming so that we can say thank you to miss colvin for being a living history maker. join us. thank you. ♪ lift every voice and sing>> ts to vote for candidates or party and it is a significant way to have our voice heard. exactly 100 years ago, women were given the vote in california. the battle for women's suffrage was not an easy one. it took more than 70 years. a woman could run for president in new york. >> organizing this conference, basically it modeled itself on a declaration of independence for women. it marked the beginning of the women's equality movement in the united states. >> at that time, women were banned from holding property and voting in elections. >> susan b. anthony dedicated her life to reform. >> suffrage in the middle of the 19th century accomplished one goal, it was diametrically opposed to this idea. >> many feared it would be corrupted by politics. >> women in the 19th century had to convince male voters that having the vote would not change anything. that woman would still be devoted to
colvin and also to byrin bain for telling his story, but thank you for coming so that we can say thank you to miss colvin for being a living history maker. join us. thank you. ♪ lift every voice and sing>> ts to vote for candidates or party and it is a significant way to have our voice heard. exactly 100 years ago, women were given the vote in california. the battle for women's suffrage was not an easy one. it took more than 70 years. a woman could run for president in new york....
SFGTV2: San Francisco Government Television
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Feb 8, 2012
02/12
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bryonn bain, i want to ask what has happened since this struggle here and why we are still where we are, beyond the cosmetics. what has led to this situation that you described in new york city? >> i think racism has evolved and adapted. as the movement grew in strength and folks became more conscious, races and became more institutionally embedded. they found new ways to basically sustained slavery. michelle alexander calling it the new jim crow. between the 1960's and 1970's, the prison population across the country doubled. in the 1970's and 1980's, it tripled. in california, and build no new prisons between the 1960's and 1970's, the height of political action. between the 1970's and 1980's, they build more prisons in california alone and in the past 100 years. one thing that has happened is the warehousing of black folks in these facilities. if you think about what slavery is, the parallels, it is not just a metaphor when you talk about modern-day slavery. slavery denied black folks the ability to be mobile. you were trapped on one location, in a plantation. it broke up our familie
bryonn bain, i want to ask what has happened since this struggle here and why we are still where we are, beyond the cosmetics. what has led to this situation that you described in new york city? >> i think racism has evolved and adapted. as the movement grew in strength and folks became more conscious, races and became more institutionally embedded. they found new ways to basically sustained slavery. michelle alexander calling it the new jim crow. between the 1960's and 1970's, the prison...
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Feb 25, 2012
02/12
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KQED
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romney has old bain people, the staples people he helped when he was at bain. edelson in las vegas, the big donor to gingrich, they have israel plus a friendship. there are 14 millionaires in the game right now and some of them do it because they can the gwen: isn't that why rich people do -- that's why any of us do what we can do. now on to the standoff in syria with 6,000 syrians dead. the united nations said president bashar assad is responsible for a wide spread systematic violation of human rights. the president spoke about it late this afternoon in the oval office. >> we are going to continue to keep the pressure up and look for every tool available to prevent the slaughter of innocents in syria. it's important that we not be bystanders during these extraordinary events. gwen: not be bystanders in these extraordinary events. nancy, what are the alternatives to that? >> not many. there is no u.n. mandate that allows nor military intervention because russia and china have blocked that resolution and up to now the united states has said they will not arm the
romney has old bain people, the staples people he helped when he was at bain. edelson in las vegas, the big donor to gingrich, they have israel plus a friendship. there are 14 millionaires in the game right now and some of them do it because they can the gwen: isn't that why rich people do -- that's why any of us do what we can do. now on to the standoff in syria with 6,000 syrians dead. the united nations said president bashar assad is responsible for a wide spread systematic violation of...
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Feb 8, 2012
02/12
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i mean, what romney did with bain capital as far as i'm concerned, was to show great success.ean, he -- it shows that he understands o understan understands our system and spli establish new business, you know there's failures and dislocations, but the basic career of newt/romney -- newt gingrich, that -- i'm sorry, of mitt romney, was an excellent one at bain and newt's attacks i think hurt him with republicans because republicans understand that. >> can mitt win this, both the nomination and the general election without a bold tax reform plan? to go back to the growth you were saying, about anti-poverty trampoline and so forth, he has not out a bold plan yet, and should he do it soon? >> i do not know why he does not do it. probably the most telling attack that newt had against romney is that newt's tax plan is bolder and more likely to create the kind of growth we had under ronald reagan, you have to change the tax suspect substantially and return a lot of money into the private sector, newt's plan does that. and romney's plan is marginal in terms of doing that and by buyin
i mean, what romney did with bain capital as far as i'm concerned, was to show great success.ean, he -- it shows that he understands o understan understands our system and spli establish new business, you know there's failures and dislocations, but the basic career of newt/romney -- newt gingrich, that -- i'm sorry, of mitt romney, was an excellent one at bain and newt's attacks i think hurt him with republicans because republicans understand that. >> can mitt win this, both the...
SFGTV2: San Francisco Government Television
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Feb 8, 2012
02/12
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colvin and also to byrin bain for telling his story, but thank you for coming so that we can say thank you to miss colvin for being a living history maker. join us. thank you. ♪ lift every voice and sing>> h. 9 judge terri l. jackson. the court is now recruiting prospective civil grand jurors. our goal is to develop a pool of candidates that is inclusive of all segments of our city's population. >> the jury conducts investigations and publishes findings and recommendations. these reports them become a key part of the civic dialog on how we can make san francisco a better place to live and work. >> i want to encourage anyone that is on the fence, is considering participating as a grand jury member, to do so. >> so if you are interested in our local city government and would like to work with 18 other enthusiastic citizens committed to improving its operations, i encourage you to consider applying for service on the civil grand jury. >> for more information, visit the civil grand jury website at sfgov.org/courts or call
colvin and also to byrin bain for telling his story, but thank you for coming so that we can say thank you to miss colvin for being a living history maker. join us. thank you. ♪ lift every voice and sing>> h. 9 judge terri l. jackson. the court is now recruiting prospective civil grand jurors. our goal is to develop a pool of candidates that is inclusive of all segments of our city's population. >> the jury conducts investigations and publishes findings and recommendations. these...
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Feb 11, 2012
02/12
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CNBC
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he talked about bain. he said i'm not afraid of being successful. not going to apologize for it. this was not a major policy speech. this was a reintroduction to conservatives. i heard some good lines from bain about his experience there and about his belief in capitalism. >> how was the crowd reaction to it, robert? >> standing ovation at the end. it wasn't a rousing crowd. gingrich with his red meat got a real standing ovation at the end. but it was pretty warm toward romney. i was surprised but that. >> and dave freddoso, how was it to santorum? >> well, the crowd was pretty excited with the santorum speech. i think most people felt like he was hitting a home run there. but you know, with each of these speeches if you're at cpac, you see that that person's supporters kind of filter into the room right before that person's about to speak. so you're usually going to see a pretty warm -- if there's a tepid reception or a bad reception, it's usually a very bad sign for cpac. >> it kind of sounds, gentlemen, like it was a push. okay? more or less. the
he talked about bain. he said i'm not afraid of being successful. not going to apologize for it. this was not a major policy speech. this was a reintroduction to conservatives. i heard some good lines from bain about his experience there and about his belief in capitalism. >> how was the crowd reaction to it, robert? >> standing ovation at the end. it wasn't a rousing crowd. gingrich with his red meat got a real standing ovation at the end. but it was pretty warm toward romney. i...
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Feb 1, 2012
02/12
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mitt romney's got a million dollars from former bain capital ceo.l was run by romney for several years and he got $500,000 from marriott hotels. jon huntsman got help within the family. jon huntsman, sr. gave his super pac nearly $2 million. it's likely a lot of them we won't know because if a super pac creates a nonprofit arm their donors can remain anonymous of the $53 million that super pac spent on ads. 29% were positive and 71% negative. here a sample from the romney and gingrich campaign. >>> who has more baggage than airlines. newt was fined for ethics violations. >> mitt, claims to be pro-life but here is what he told voters of massachusetts when he was running for governor. >> i will preserve and protect a woman's trite choose. >> you may know that steven colbert his on own super pac. he pulled down nearly a million bucks as of december 31. and in his filing to the sec, how do you like me now. i got 99 problems but non-connected independent expenditure only committee ain't wrong. probably funnier when he said it. >> shep: trace is live. it
mitt romney's got a million dollars from former bain capital ceo.l was run by romney for several years and he got $500,000 from marriott hotels. jon huntsman got help within the family. jon huntsman, sr. gave his super pac nearly $2 million. it's likely a lot of them we won't know because if a super pac creates a nonprofit arm their donors can remain anonymous of the $53 million that super pac spent on ads. 29% were positive and 71% negative. here a sample from the romney and gingrich campaign....
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Feb 5, 2012
02/12
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KPIX
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newt, attacking romney on bain capital? then on romney you said, "i've never seen a guy change his positions on so many things so fast on a dime, on everything." go ahead. >> well, i think maybe i reflect some of the confusion that all those republicans out there have that are having a hard time making up their minds. to credit newt with what he did was, i did make those comments. newt called me. we talked it over. newt explained why he had said what he said. i thought he was wrong but he had an explanation for it. then he stopped it. i mean, he's moved on to the issues in the campaign. governor romney, i think that's the big issue with governor romney. i think that's the reason why he's having a hard time getting to that 50, 51, 52, 53%. newt pointed it out before when he was interviewing you. he has changed his position virtually on everything. he was a traditional moderate republican, strong on fiscal matters, conservative, strong on foreign policy, but basically socially moderate. he changed all that. i am a moderate re
newt, attacking romney on bain capital? then on romney you said, "i've never seen a guy change his positions on so many things so fast on a dime, on everything." go ahead. >> well, i think maybe i reflect some of the confusion that all those republicans out there have that are having a hard time making up their minds. to credit newt with what he did was, i did make those comments. newt called me. we talked it over. newt explained why he had said what he said. i thought he was...