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Romney will create jobs

October 26, 2012
The Daily Mining Gazette

To the editor:

The question of this election is clear - who can we trust to create jobs?

Do you trust the leadership of this capitalist country to Romney? Romney's Bain Capital invested private money in: AMC Entertainment; Burger King; Burlington Coat Factory; Clear Channel Communications; Domino's Pizza; Dunkin Donuts; Guitar Center; The Sport Authority; Staples; Toy "R" Us and Warner Music Group.

All Romney's companies are thriving businesses employing thousands of people. Paying billions in corporate and personal income taxes over many years.

Pres. Obama invested more than $10 billion of public money in these now bankrupt companies: A123 Systems; Abound Solar; Amonix Solar; Azure Dynamics; Beacon Power; Eastern Energy; Ener 1; Energy Conversion Devices; Evergreen Solar; LSP Energy; Mountain Plaza, Inc.; Nordic Windpower; Olsen's Crop Service; Range Fuels; Raser Technologies; Satcon; Solyadra; Spectra Watt; Stirling Energy Systems; Thompson River Power and UniSolar. They are all bankrupt.

Obama's companies created no long lasting jobs and wasted more than $10 billion in public money. Companies set up by Obama contributors were rewarded with tax dollars for their support of the President.

The Washington Times found a series of emails showing how the companies "applied political pressure and used behind-the-scenes cajoling to win billions in loan guarantees."

A new report from the Heritage Foundation says, "So far, 36 companies that have received federal support from taxpayers have either gone bankrupt or are laying off workers and are heading for bankruptcy."

The report said, "The truth is that the problem is widespread. The government's picking winners and losers in the energy market has cost taxpayers billions of dollars, and the rate of failure, cronyism, and corruption at the companies receiving the subsidies is substantial."

So the question is who do you trust to manage our economy? As a retired accountant, for me, the answer is simple, Romney.

BOB PIETI

Sun City, Ariz.

 
 

 

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