Ignoring
for the moment the
issue of voter fraud, I want to explain why Romney lost South Carolina: the
documentory "When Mitt Romney Came to Town" released by Newt
Gingrich's "Super PAC". It is an utterly devastating depiction
of Romney’s past.
(This documentary is not a criticism of capitalism. What Romney and Bain were doing wasn’t
capitalism. It was unprosecuted fraud.)
When Mitt Romney Came To Town — Full,
complete version
Below is an example of what Romney and Bain were involved in.
The facts about Bain and KB Toys, much worse than 'Vulture'
Capitalism
In 1999, KBkids.com received top points from an e-commerce market
research firm, the Gomez Advisors, in the categories of customer confidence,
overall cost, and bargain shopping. Softletter named the site one of the 'Ten Best
Online Software Stores of 1999' in its October 15th issue. Even theWall Street
Journal dubbed the site the 'best overall' online toy retailer.In a little more than
four months online, KBkids.com increased its business more
than 400 percent and twice ranked among the five biggest gainers on the
NextCard eCommerce Movers index.
It seemed nothing could stop KB Toys from
challenging its rivals in the toy industry.Operating profit
for 1999 was up 51 percent from 1998. The company, seeking to capitalize on its
growth, decided to hold an initial public offering in the spring of 2000, then
postponed trading due to unfavorable market conditions. Notwithstanding this
delay, KB was more focused than ever on fine-tuning its position in the very
fashion-forward toy industry. With relatively small stores and a knack for
innovation and creativity in marketing, KB was ready as ever to make quick
adjustments to changing customer and merchandise trends.
2. KB Toys was a company that made money
and exercised social responsibility
After a 13 year old boy in NYC was shot and killed while holding a realistic
toy gun (not from KB Toys) KB Toys destroyed 300,000 toys in
inventory and never again carried realistic toy guns. They also gave toys for guns.
The company also participated in New York's 'Goods for Guns' program, which
offered gift certificates to people who surrendered real firearms. Although Ann
Iverson left as chairman in 1994, her policy of not selling look-alike guns was
continued by her successor, Alan Fine, who had been senior vice-president
before becoming president and CEO.
3. Bain Capital 'purchased' KB for the
respectable price of $ 305 million dollars on December 8, 2000.
4. Bain Capital only offered $ 18 million
in cash, the rest was leaveraged debt put on the company. 5. "Sixteen months after the buyout, Bain
Capital paid itself $85 million in dividends in early 2002." 6. "January 14, 2004, K·B Toys filed
for Chapter 11 bankruptcy protection and closed 365 stores." 7. Three years latter the rest of the 156
stores were closed down.
But there is a little more to the story. KB Stores had already gone through a tough
restructuring in 1996. At that time a private equity bought the
company, closed unprofitable stores, and increased profits.
SO HERE IS THE OBJECTIVE REALITY OF WHAT
BAIN DID.
Bain engineered a private equity purchase
of a profitable company that had already gone through 'creative destruction'
eliminating unprofitable legacy operations and saddled the company with
hundreds of millions of dollars of debt. The company was not
just profitable but an example of the kind of companies that demonstrate a
wider social conscious for its customers and the larger community. SIXTEEN
MONTHS AFTER PURCHASING THE COMPANY WITH ONLY 6% CASH OF THE VALUE BAIN TAKES
OUT DIVIDENDS AT OVER 400% OF THEIR INVESTMENT.Significantly this was
done during the time of the attacks on 9/11 when the country as a whole was
undergoing a hightened sense of patriotism, sacrifice and social duty. Less
than 2 years after saddling KB Toys with massive debt and taking out
astronomical dividends, K-B Toys faces Chapter 11 bankruptcy and closes 354
previously profitable stores.
Vultures take meat that is already dead and complete the
final loop in the cycle of life. Bain took a company that had already been
restructured and was surging in profits and cash. There was never any
interest by Bain to restructure KB Toys, that had already been done.
BAIN PURCHASED KB TOYS SIMPLY TO RAID ITS
CASH, and they did so during a time when the rest of the country
was undergoing a period of reviewing the founding principles of the country.
To call what Bain did to KB Toys as
'Vulture' Capitalism is an insult to Vultures.
They were pirates and this
is why there is so much interest to change the subject and not let the real
facts of Bain Capital come to the surface during the Republican Primary.
My reaction: The key points to take away from
this are:
1) Newt Gingrich didn’t win South Carolina. Romney lost (crushed by
his past).
2) Romney’s now public experience at Bain makes him
unelectable. If Romney was the nominee, Obama would have a field day with
this stuff come November. Romney would get crushed.
3) This drastically improves Ron Paul’s chances of being the republican
nominee. Take Virginia, where only Ron Paul and Mitt Romney are on the
ballot. How do you think Romney will fair in a one-on-one match against Paul
as the video above spreads through the American electorate?
Conclusion: With Mitt Romney taking this
devastating hit, killing Ron Paul’s candidacy became infinitely more
complicated, if not impossible.
* * S P R E A D T H E M E S S A G E : S O P A S T
R I K E * * On January 18, The Daily Paul will
join Wikipedia, Reddit, Twitter, BoingBoing, MoveOn.org, The Free Software
Foundation, and tens of thousands of other websites around the Internet in
going dark to opposeSOPA and PIPA, the looming US legislation that would create
an impossible Internet censorship regime and export it to the rest of the
world.
In a post-SOPA world, out-links from the
Daily Paul to any other website would be prohibited unless I was completely,
100% positive that there was no copyright infringing content on those websites. This means no more
linking to YouTube, Twitter, TVPC, WordPress, Blogger, or any other
user-content generated website -- including your personal blog -- lest I
personally face the pain of being
shut down, my finances frozen, the DailyPaul.com domain confiscated, having my
IP address blacklisted, and eventually -- who knows -- probably
being put into a cage for the protection of there rest of society.
In other words, if SOPA passes, say
goodbye to our little community here at the Daily Paul.This website would go dark for good.
Such a bleak future is corporatism at its worst, and is what Dr. Paul has
warned us against: Big Business getting
into bed with Big Government to force submission to their goal of controlling every
last aspect of our lives, including what we are
able to read and speak here on this last bastion of freedom - the Internet.
… the beauty of the internet is freedom. Is it any wonder that The Powers That
Be want to put an end to it?
The time to make the stand is now. Please
help spread the word about theSOPA Strike. Encourage other websites you frequent to
participate in the strike. And by all means, call
and write your representatives to let them know where you stand on the issue of
Internet censorship.
This must not stand. The future is in your
hands.
My reaction: Please help spread the word about
the SOPA Strike! Call
and write your representatives to oppose this Internet censorship!
VOTE FRAUD AND THE BANKRUPTCY OF THE UNITED STATES April Friday 8 2005:
… A search through the news reports of elections around the world shows that a
truly fair and honest election is indeed a rarity. IT
IS THEREFORE NAIVE (NOT TO MENTION RACIST) TO START OUT ASSUMING AMERICAN
ELECTIONS ARE HONEST SIMPLY BECAUSE WE ARE AMERICANS.
Are the elections in the United States fair and honest? A review of the
facts is far less than reassuring.
SINCE 1964, right after John F.
Kennedy was assassinated[See Video 4 in my
entry *****What I have been afraid to blog about:
THE ESF AND ITS HISTORY***** for more on JFK’s assassination], VOTE
TABULATION FOR NATIONAL ELECTIONS HAS BEEN HANDLED NOT BY THE GOVERNMENT, BUT
BY A PRIVATE COMPANY LACKING ANY OFFICIAL OVERSIGHT AT ALL. This company, which
changes its name on a regular basis, is currently called "Voters
News Service" and is located in New York City. THIS
COMPANY IS OWNED BY A CONSORTIUM OF TV NETWORKS AND WIRE SERVICES, which ARE IN
TURN CONTROLLED BY THE CIA through its Operation MOCKINGBIRD. The TV networks will
make a great show of being "first with the election results", but in
reality all of them rely on
the numbers sent to them by VNS,while seldom
acknowledging its existence during the election coverage.
This is the voting process most in use in America today. A voter punches a card
in the voting booth. That card is run through a computer at the local voting
center, then that computer contacts computers at Voters News Service, or the
precinct official telephones the numbers the computer shows him to Voters News
Service, which then announces the results via the networks.POLL
WATCHERS ARE ALLOWED TO WATCH THE VOTING BOOTHS, to guard against
polling place electioneering, but IN
MOST PRECINCTS, THE ACTUAL COUNTING OF THE BALLOTS IS CONCEALED FROM THE PUBLIC,
and nobody is allowed to see inside the
voting machines, or review the computer software that counts the ballots. 70% of all votes in
America are counted by machine, and nobody,
not private citizen, not local election official, nobody, is allowed to examine
how it all works. The accuracy tests conducted on the
voting machines before and after the actual election are utterly worthless, as
they cannot detect fraud designed to fool the accuracy test itself. In
1988, when voting machines in Illinois were tested with tens of thousands of
ballots instead of the few dozen normally used for the accuracy test, over 1/4
of the machines which had passed the standard accuracy test were found to have
mistabulated the larger test vote results!
While researching the book, "VOTESCAM", the
Collier brothers actually managed to VIDEOTAPE MEMBERS OF THE LEAGUE OF WOMEN
VOTERS FORGING BALLOTS, and found
hard evidence that Shouptronics and Printomatic vote machines were rigged in
the Dade County Elections. In the Shouptronics, the wheels of the
mechanical counters were shaved to cause miscounts. In the Printomatic
machines, a malfunction revealed that the
paper tape with the voting results had been pre-printed before the voting even
started! The Colliers, along with attorney Ellis Rubin, handed the
evidence to the assistant State Attorney for Florida. Sadly, that assistant
State Attorney was Janet Reno, who in
a pattern we have all become too familier with, killed the investigation.60 Minutes taped a
segment on the Dade County Vote Fraud, BUT
NEVER AIRED IT.
Mandatory voter registration laws, such as "Motor voter" have been a
boon to election fraud, generating registered voters who don’t vote and whose
names may be used to obtain absentee ballots. In the California
election that unseated Bob Dornan following
his efforts to investigate the Clinton White House, canvassers
discovered that NEARLY HALF OF THE NAMES
REGISTERED TO VOTE IN THE GOP ELECTION FROM 7 PRECINCTS SIMPLY DID NOT EXIST. The California Attorney
General’s office was informed by the precinct worker, but again nothing was
done. In 1998, almost 20,000
fraudulent voter registrations were discovered on the voting rolls, but were allowed to remain
on the excuse that their removal in time for the election would cost too much!
The evidence for MASSIVE
VOTE FRAUD IN THE UNITED STATES uncovered by the Voting
Integrity Project and organizations like it are
ignored by the government, which has obviously
been the beneficiary of such chicanery, and by the media, which is complicit in
the fraud. When vote fraud was suspected in the 1996 Arizona Primary (the one that ended Pat
Buchanon’s winning streak after New Hampshire), the
Arizona legislature passed a special law forbidding a recount for that one
primary election only! When the Miami Magazine ran a story on
the Dade County Vote Fraud, the magazine was purchased just one month later by
the editor of the Miami News, Sylvan Meyer, who
ordered that no further stories on vote fraud be published. When precinct workers
in the 1974 Dade County elections discovered that the voting machines they were
using were rigged, they walked off the job and refused to certify the election
process. Police and fire fighters took over the polling duties. The next day,
the Miami Herald reported the walk out, but not the reason.When the precinct workers went to the media to report
the election rigging, the media ignored them. So did the local
attorney general. So did the FBI. Citizens
who tried to observe the next election were arrested. [With tomorrow’s Iowa caucuses, the vote-fraud story below is especially
important to note]
Typical of the horror stories associated with the media-owned Voters
News Service
is what happened in Dubuque County Iowa during the 1996 Caucuses. The county’s 41 precincts met in 41
classrooms at two high schools and voted on old fashioned paper ballots, which
were then counted in full view of all present (including representatives of the candidates), and the results posted for all to see and verify. The vote totals were then phoned directly
into Voters News Service by the county chairman, again in full view of all
participants that night. Buchanon won the county by a wide margin, garnering
870 votes. By
next morning, Voters News Service had
dropped Buchanon’s vote total for that county down to 757 votes, a 13% drop. Buchanon lost Iowa by a much smaller
margin than 13%.
The Iowa state GOP claimed it could do nothing about the
problem; they
were "in VNS’ hands". VNS, DESPITE THE PAPER BALLOTS PROVING
BUCHANON'S 870 VOTES, refused to admit error and refused to change the results
for the county.
Needless to say, the question of whether Buchanon had had
13% of his votes shaved off in other Iowa counties, ones in which computerized vote
machines meant there was no audit trail to check, was ignored. The fact that AN OBVIOUSLY
FRAUDULENT VOTE had made it all the way through the system to be reported on
national television was also ignored by
the media. (Iowa is the state, it should be noted, where a columnist
for Salon magazine was charged with vote fraud.)
The complicity by the law enforcement machinery of this
nation is astounding.In one election in Boston, a judge declared 968 ballots which had been declared
"blank" due to multiple punches to be valid, arbitrarily
assigning most of the disputed votes to the incumbent candidate, thereby
reversing his defeat. In a computer vote fraud case in West Virginia, an expert
witness testifying for the plaintiff sat down at a CES voting machine provided
by the defendants, studied it for a while, then with a single
ballot card added 10,000 votes to one of the fictional candidates. The judge refused to allow the jury to
see the demonstration and the charges were eventually dropped.
Only three states, California, Florida, and Michigan, have laws requiring that
the voting machine source code be placed in escrow should it need to be
examined after an election. None of those states have any means to verify that
the source code placed in escrow is in fact the origin of the compiled code
running on the machines election night, and in Michigan, the escrow is simply handled by the
voting machine company itself with no
overview by a state agency or public interest group.
All the voting machines used in the United States come from just three
companies. THE PRESIDENTS OF TWO OF THEM HAVE BEEN CONVICTED OF VOTE FRAUDand yet all state
governments continue to do business (at very steep fees) with just these
three companies. The largest of the three companies has direct access to 50% of the
nation’s votes. Nobody is allowed to inspect the
machines, or watch as the vote totals are accumulated and counted, and there is no audit
trail anywherealong the path from the voting machine to Voter’s News
Service, the private media-owned company that without any official oversight,
tells us all what the election results are.
Most states have now passed laws requiring a challenge to election results to
be filed within a few weeks of the election, far too short a time for anyone to
properly determine if such a challenge is warranted.
Despite such an obvious inhibition, a Democrat who lost a legislative seat in the 1998
Hawaiian election did file a challenge, claiming there was vote fraud. A quick audit showed that vote fraud involving
absentee ballots had indeed occurred, but mostly by the Democrat; who had cheated, but not enough to
win.This scandal
triggered public questions about several races, including that of the Democratic
Governor, Ben Cayutano, who had been trailing his Republican challenger all
during the election night, only to have a sudden surge of votes at the last
second push him over the top. The governor offered to over-ride the state’s two week
filing deadline for election challenges and allow a full recount, then back-pedaled and made a full recount contingent
on a "pre-audit". The "pre-audit" was assigned to the company
which had run the election, along with a warning that if it turned out the election
was flawed, their final payment would be withheld by the State of Hawaii. Needless to say the pre-audit found no
errors in the election, and despite the urging of the Voter Integrity Project
(which was conducting its own investigation) the full recount was canceled. The voting
company, ES&S was again been awarded the voting contract for the 2000,
2002, and 2004 elections, without any open bidding. Who chooses
what government we live under? Those who cast the votes, or as Stalin observed, those
who count them? Do
We The People pick those who govern us, or does
a private company, owned by the CIA controlled media, and operating without any
public oversight? …
Just think about all
it really means if the elections are
being rigged on a massive scale.
It means that the contract between ruler and ruled is broken.The government does not govern with the consent of the
governed, it rules by treachery and deception. …
… In light of the numerous incidents of vote fraud
uncovered through the years and the quite
obvious stonewall on the subjectby the officials who benefit from rigged
elections and the media that at least helps in the rigging,IT IS DANGEROUS TO ASSUME THAT AMERICAN ELECTIONS ARE HONEST.The burden of proof
must lie with VNS and the voting machine companies to prove their honesty.
In an atmosphere of doubt about the validity of the voting process, it appears that
the entire voting process is a sham, a trick to fool the American people into
accepting whatever is done to them by creating the illusion that the people somehow voted for
and approved of whatever is being done. That’s how Batista fooled the Cuban
people. That’s
how the USSR fooled the Soviet citizens. And
that’s how the American government fools us. …
1) 1968 - Following widely publicized problems with punch cards in the
1968 election, IBM withdrew from the election machine business. http://www.vote.caltech.edu/Reports/july01/July01_VTP_%20Voting_Report_Entire.pdf (Unfortunately,
there's no documentation in this report. We'll keep searching.)
2) 1970s-1980s Ohio - The Cincinnati Bell-FBI scandal: Leonard Gates,
a Cincinnati Bell employee for 23 years, testified that in the late 1970's and
80's, that the FBI assisted telephone companies with hacking into
mainframe election computers in cities across the country. See: http://www.thelandesreport.com/Donsanto.htm
…
[In the interest of brevity, 90 examples of US vote fraud omitted]
…
92) 2003 Special Report - Dan Spillane, a voting machine test engineer,
has filed a lawsuit against his former employer, DRE touch-screen voting
machine manufacturer VoteHere. Spillane's lawsuit charges wrongful and
retaliatory termination; he contends he was removed so that he could not blow
the whistle to certification labs and pass critical information to the US
General Accounting Office. He says he
has evidence which shows voting systems are certified despite known flaws, demonstrating a
weakness in both the NASED and the ITA system for certifying machines. http://www.blackboxvoting.com/votehere-lawsuit-1.html
93) Jun 26, 03 Johns Hopkins Report: Numerous security flaws are
identified in a newly published paper entitled 'Analysis of an Electronic
Voting System' by Tadayoshi Kohno (JHU), Adam Stubblefield (JHU), Aviel
Rubin (JHU), and Dan Wallach (Rice University). http://www.jhuisi.jhu.edu Read about it: The Baltimore Sun (Front Page), MSNBC News,
CNN, New
York Times, The Washington Post,Reuters, CNET News,
Scoop,
and Headlines@Hopkins.
Whom do you trust to report election results – if you
support Ron Paul?
posted by Scott Powers on December, 23 2011 2:00 PM A pro-Ron Paul blog called “The
Daily Paul” is promoting an effort to
independently document caucus votes in Iowa and primary vote totals in New
Hampshire, South Carolina and Florida — out
of fear that, through the Main Stream Media, the announced tallies could
be fraudulent. The Daily Paul is trying to organize
support for something called the “TransparentVote.net” project which intends to use
volunteers with cameras to make photocopies of all the results, “to
provide a check and balance to the Main Stream Media’s (MSM) reporting.” “This will force the MSM to report honest
results in line with the documented results posted at TransparentVote.net,”
declares a blog post from Spiritof1776, on The Daily Paul blog. “I
do not believe the MSM wants to get caught in election fraud.It
is a federal crime and we will have the documents to prove it.”
…
December
13, 2011 Transparent Vote Counting and Reporting
Fair and honest elections are one
of the greatest Rights we as Americans have and cherish. Unfortunately, we can
not guarantee that Right today there
is a monopoly on the vote reporting.It is calledNews Election Pool.
There is no check and balance. There is no
competition. The purpose of this
site is to provide a check and balance to the Main Stream Media’s (MSM)
reporting. … most Americans and all honest
candidates would agreed we want to insure we will have honest, transparent vote
counting and transparent reporting of our vote. This is the goal
of Transparentvote.net . It is a free site, set up for We the
People. We are non-partisan and would like to invite any American
citizen that believes in a transparent vote to join us. We have sent out a request to
all the Presidential candidates to support us in this effort. We will be
starting with the Iowa GOP caucus- January 3, 2012 . Then the NH GOP primary-
January 10, 2012. If you will be at an Iowa precinct
caucus or a NH voting place on those dates and are willing to volunteer as an
independent reporter, we need your help.All
you will need is a camera or camera phone to upload the official vote results
to this site. It is pretty simple and does not take
much time. You will first need to sign up here and agree to the Terms
of Service. (We need to be assured only photos of the
official vote documents are uploaded.)
Below is some history of what happened 4 years ago and what you can do today.
We believe you will also see why this project is vitally necessary in keeping
our elections honest and transparent.
IOWA- Iowa has 1,784 precincts. We will need 1,784 or more
volunteer news reporters, at least one at each precinct, armed with a digital
camera or camera phone that will photo and upload the official results from
that precinct to Transparentvote.net. Four years ago, Liberty News Network, which no longer exists,
attempted this. Although, they only had a few hundred
volunteers participating in Jan. 2008 Iowa caucus, it
shook the monopolistic Establishment Media to it’s core!The
problem isNews Election Poolis where ALL the MSM get their results.They
had never had ANY competition before in reporting the election results. For example, leading up
to Caucus night, all these false polls had one particular candidate at 3%. When
the precincts started reporting and posting to Liberty
News Network, the MSM were reporting
the same numbers as Liberty News Network
!This candidate was getting between 12-14% It kept them honest! We
believe the MSM eventually saw they did not have all the precincts covered and
after a few hours, this particular candidate’s numbers started to drop, but he still finished
with 10% instead of 3% ! This year we need
1,750 volunteers to cover ALL of the precincts, officially documenting
(with photo) and uploading the total results, precinct by precinct, transparent
for everyone to see.
My reaction: Whether Ron Paul wins or not tomorrow
depends entirely on the success of TransparentVote.net.
Expect the vote in any county not independently verified to be rigged to the limits of believability.