Mitt Romney - Creating the American Plutocracy

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    Plutocracy (from Ancient Greek ploutos, meaning "wealth", and kratos, meaning "power, rule") is rule by the wealthy, or power provided by wealth.

    In modern times, the term is often used to refer to societies rooted in state-corporate capitalism and the prioritization of endless accumulation of wealth over other interests, like public health, education, or the environment. According to Kevin Phillips, author and political strategist to U.S. President Richard Nixon, the United States is a plutocracy in which there is a "fusion of money and government."

    "I like to fire people" ~ Mitt Romney 2012

    Click - Colbert defends Romney's 'I like to fire people' gaffe

    Reich: Economy is drifting toward plutocracy

    Rep. Barney Frank, D-Mass., and UC Berkeley Professor Robert Reich join Hardball to discuss the JP Morgan trading blunder and the need for regulation in order to prevent future messes.

    Very Last Word: The Staples model

    Mitt Romney often touts Staples as an example of a successful company he helped during his time at Bain. Democratic strategist Krystall Ball weighs the pros and cons of that business model.


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    GOP picks big business over poor Americans

    Last year, Fortune 500 companies made record profits, while the national poverty rate in 2010 hit its highest rate since 1993, but Congressman Paul Ryan won’t give up tax breaks for big business and Senate Republicans are filibustering the student loan interest rate bill. Former Vermont Governor and DNC Chairman Howard Dean joins Ed Schultz to discuss the latest.

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    1. H G M 24 months ago | reply

      Interesting !

    2. EN2008 24 months ago | reply

      Mitt Romney's war on the poor

      Mitt Romney's proposed budget would slash spending-- but he won't touch Medicare or Social Security. So what programs would Romney cut? Ed Schultz explains, and then talks with Ben LaBolt of the Obama campaign.

    3. EN2008 24 months ago | reply

      Republicans advocate failed European model for US - US avoids austerity by enacting stimulus

      Chris Hayes reviews the failures of European austerity measures, not only economically but politically, and yet somehow Republicans are still pushing for austerity for the United States.


      Senator David Vitter blocks US economic recovery

      Betsey Stevenson of the Wharton School of Business, and former U.S. Department of Labor chief economist, talks with Chris Hayes about Senator David Vitter's baseless block of two of President Obama's nominees to the Federal Reserve Board and the peril in which he puts the economy by playing partisan politics with economic policy.


      Economy, Americans need public sector jobs

      Rachel Maddow shows how, contrary to Republican complaints, the economic needs government jobs as part of its recovery and Americans need public sector workers to do things like put out fires.


    4. EN2008 24 months ago | reply

      Romney takes a huge pair of opposing positions on Detroit

      Rachel Maddow marvels at Mitt Romney's chutzpah in claiming credit for the revitalization of the American auto-industry when his record so plainly shows his preference that it be allowed to fail.

      Romney was against saving the auto industry and than took credit for it when it worked and paid off. He was against going in and killing Osama Bin Laden but is on the wrong side of history on that one too... why isn't he taking credit for that one?

    5. EN2008 24 months ago | reply

      Romney apologizes for 'dumb things' during school years

      Mitt Romney took to the airwaves Thursday morning to apologize for "dumb things" he did as a prep school student, after a Washington Post report revealed troubling alleged anecdotes of the Republican presidential candidate pulling pranks and bullying other students in his youth.

      The Post report included an account of Romney pinning a fellow student at the prestigious all-boys Cranbrook School in Michigan to the floor and cutting his hair against his will.

      The newspaper reported that Romney was reportedly offended by the student’s flashy hairstyle. “He can’t look like that,” one former classmate recalled Romney telling him. “That’s wrong. Just look at him!”

      One witness to the incident referred to it as "vicious," a description that has gone viral on social media.


      Ed Show panel pans Mitt Romney's apology

      The Washington Post reported on incidents in Mitt Romney's youth where he bullied gay teens. Singer Clay Aiken and Army Reserve Captain Stephen Hill join Ed Schultz to discuss Romney's apology and President Obama's efforts to prevent anti-gay bullying.

      GOP frustrated as accountability sidelines talking points

      Karen Finney, columnist for The Hill and former DNC communications director, talks with Rachel Maddow about the frustration Republican politicians express when confronted on their actions in the war on women or against homosexuals instead of their preferred talking points.

      Inappropriate laughter calls Romney sincerity into question

      Rachel Maddow traces a pattern of Mitt Romney laughing inappropriately when confronted with things about which he should be contrite, or at least sympathetic.

      Does Romney’s reputation take haircut on bullying story?

      Washington Post’s Jonathan Capehart, Mother Jones David Corn and MSNBC analyst Michael Steele debate what a new report on a young Mitt Romney, hazing a possibly homosexual student with shears, might tell us about the man today.

      Was Mitt Romney a bully growing up?

      The episode occurred at Cranbrook, a private school that Mr. Romney, the son of an automobile executive-turned-governor, attended in Michigan. Mr. Romney returned from spring break in his senior year to find that John Lauber, a quiet, offbeat type, had bleached his hair blond.

      Mitt Romney ... spotted something he thought did not belong at a school where the boys wore ties and carried briefcases. John Lauber, a soft-spoken new student one year behind Romney, was perpetually teased for his nonconformity and presumed homosexuality. Now he was walking around the all-boys school with bleached-blond hair that draped over one eye, and Romney wasn't having it.

      "He can't look like that. That's wrong. Just look at him!" an incensed Romney told Matthew Friedemann, his close friend in the Stevens Hall dorm, according to Friedemann's recollection. Mitt, the teenaged son of Michigan Gov. George Romney, kept complaining about Lauber's look, Friedemann recalled.

      A few days later, Friedemann entered Stevens Hall off the school's collegiate quad to find Romney marching out of his own room ahead of a prep school posse shouting about their plan to cut Lauber's hair. Friedemann followed them to a nearby room where they came upon Lauber, tackled him and pinned him to the ground. As Lauber, his eyes filling with tears, screamed for help, Romney repeatedly clipped his hair with a pair of scissors.

      Phillip Maxwell, a lawyer in Michigan, who participated in the episode, recalled it in an interview on Thursday. “It started out as ribbing, sort of a pointed ribbing about his hair, but it very quickly became an assault, and he was taken down to the ground, pinned,” Mr. Maxwell said. “It all happened very quickly — it was like a pack of dogs.”

      VIDEO: Mitt Romney: Backwards on Equality

    6. EN2008 24 months ago | reply

      Romney's auto loan blunder - Let Detroit go Bankrupt

      Romney is on the wrong side of history. Watch as he tries to spin his Op-Ed and take credit for the public auto loan.

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