When Mitt Romney Came to Town (VIDEO)

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1. Mitt Romney Kills Jobs

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   Jun 17, 2011 – http://bachmann-blowhard.blogspot.com/ http://mitt-romney-kills-jobs.blogspot.com/ http://rick-perry-hate-god.blogspot.com/. Posted by Mistress ...

2. Mitt Romney Kills Jobs: Mitt Romney, Vulture Capitalist

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   Jun 15, 2011 – March 7, 2011. Mitt Romney, Vulture Capitalist Ten years ago, George W. Bush was sworn in as America's first MBA President. Now, Mitt ...

3. Romney's Bain Capital Profited Through ... - Mitt Romney Kills Jobs

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   Mitt Romney Kills Jobs. Wednesday, June 15, 2011. Romney's Bain Capital Profited Through Offshore Tax Havens, Closing U.S. Factories, Laying Off Workers ...

4. Mitt Romney Kills Jobs: CRIMINAL VOTER FRAUD, or CRIMINAL ...

   mitt-romney-kills-jobs.blogspot.com/.../criminal-voter-fraud-or-crimi...

   Jun 17, 2011 – http://mitt-romney-kills-jobs.blogspot.com/ http://rick-perry-hate-god.blogspot.com/. Posted by Mistress Liann at 12:53 PM · Email ThisBlogThis! ...

5. Mitt Romney Kills Jobs: June 2011

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   Jun 17, 2011 – http://bachmann-blowhard.blogspot.com/ http://mitt-romney-kills-jobs.blogspot.com/ http://rick-perry-hate-god.blogspot.com/. Posted by Mistress ...

6. Mitt Romney Kills Jobs: Mitt Romney Medicare Fraud

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   Mitt Romney Kills Jobs. Thursday, June 16, 2011. Mitt Romney Medicare Fraud. Mitt Romney's 'Jobs Record' Is A Sham. June 02, 2011 9:02 am ET. The Boston ...

7. The Misery of Mitt Romney March 08, 2011 - Mitt Romney Kills Jobs

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   Jun 15, 2011 – If I decide to run for President, it won't take me two years to wake up to the job crisis threatening America. And I won't be asking Tim Geithner ...

CRIMINAL VOTER FRAUD, or CRIMINAL TAX FRAUD from the CRIMINAL MEDICARE FRAUD GUY?

CRIMINAL VOTER FRAUD, or CRIMINAL TAX FRAUD from the CRIMINAL MEDICARE FRAUD GUY?

It is not about VOTER FRAUD, where Romney is registered to vote, it is about TAX FRAUD. Massachusetts has a high personal income tax, and New Hampshire has none. Romney is registered to vote in Massachusetts, so where did he pay his state taxes for two years? This is a man who directed Damon Clinical Laboratories during the time when it racked up $35,000,000 in CRIMINAL FINES for MEDICARE FRAUD, plus subsequently had to make $87,000,000 in restitution for fraudulent billing. He was previously investigated for voter fraud about paying state (resident) taxes in Utah instead of Massachusetts when he was running the winter Olympics, but skated by paying late fees to Massachusetts and saying "oops". Don't let this guy pay late fees and be a presidential candidate -- he has a pattern of fraud in his history. Make him show his state tax payments that match his voter registration address. Make him pay with PRISON time if he violated laws. Either it is CRIMINAL VOTER FRAUD, or CRIMINAL TAX FRAUD, or neither. Make him show the paperwork NOW, before he skates away with late fees.

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Mitt Romney Medicare Fraud

Mitt Romney's 'Jobs Record' Is A Sham

June 02, 2011 9:02 am ET 

ROMNEY PROFITED ON FIRM LATER TIED TO FRAUD DAMON CORP. FINED AFTER SALE BY BAIN

Publication:

The Boston Globe (Boston, MA)

Publish date:

October 10, 2002

Corning Will Plead Guilty to Medicare Fraud

By MILT FREUDENHEIM
Published: October 10, 1996

In the one of the biggest Medicare fraud settlements involving a clinical laboratory company, Corning Inc. agreed yesterday in Boston to plead guilty to Federal fraud charges and pay $119 million in criminal fines and civil penalties.

The Government said the settlement covered ''literally millions of fraudulent claims'' at Damon Clinical Laboratories Inc., which Corning acquired in 1993. Corning said the claims involved marketing and billing practices at the laboratories before Corning acquired them.

Like a number of other laboratory companies, Damon admitted to billing Federal Government agencies for blood tests that were not considered medically necessary but were performed along with legitimate tests requested by physicians. The United States Attorney's office in Boston said Damon, formerly based in Needham, Mass., had agreed to plead guilty to charges of conspiring to defraud the Federal Health Care Financing Administration. Damon agreed to pay a criminal fine of $35.3 million and to pay back $83.7 million to Federal health programs.

Corning subsidiary pays $119 million and is barred from the Medicare program to settle fraud cases

Oct. 9, 1996 -- Damon Clinical Laboratories Inc., a wholly owned subsidiary of Corning Inc., has agreed to pay $119 million in criminal and civil fines to settle a case involving two whistleblower lawsuits and criminal charges. The whistleblowers and the government charged that the company had submitted false claims to Medicare and other federal insurance programs for laboratory tests that were not ordered and were not medically necessary.

Damon agreed to pay a criminal fine of $35.3 million and to pay the government $83.7 million to settle the whistleblower lawsuits.

Top 100 Corporate Criminals of the 1990s

13) Damon Clinical Laboratories, Inc.
Type of Crime: Fraud
Criminal Fine: $35.2 million  

From "The Making of Mitt Romney,"
Boston Globe, June 26, 2007

In 1992, Bain Capital acquired American Pad & Paper, or Ampad, from Mead Corp., embarking on a ''roll-up strategy'' in which a firm buys up similar companies in the same industry in order to expand revenues and cut costs.

Through Ampad, Bain bought several other office supply makers, borrowing heavily each time. By 1999, Ampad's debt reached nearly $400 million, up from $11 million in 1993, according to government filings.
Sales grew, too - for a while. But by the late 1990s, foreign competition and increased buying power by superstores like Bain-funded Staples sliced Ampad's revenues.

The result: Ampad couldn't pay its debts and plunged into bankruptcy. Workers lost jobs and stockholders were left with worthless shares.

Bain Capital, however, made money - and lots of it. The firm put just $5 million into the deal, but realized big returns in short order. In 1995, several months after shuttering a plant in Indiana and firing roughly 200 workers, Bain Capital borrowed more money to have Ampad buy yet another company, and pay Bain and its investors more than $60 million - in addition to fees for arranging the deal.

Bain Capital took millions more out of Ampad by charging it $2 million a year in management fees, plus additional fees for each Ampad acquisition. In 1995 alone, Ampad paid Bain at least $7 million. The next year, when Ampad began selling shares on public stock exchanges, Bain Capital grabbed another $2 million fee for arranging the initial public offering - on top of the $45 million to $50 million Bain reaped by selling some of its shares.

Bain Capital didn't escape Ampad's eventual bankruptcy unscathed. It held about one-third of Ampad's shares, which became worthless. But while as many as 185 workers near Buffalo lost jobs in a 1999 plant closing, Bain Capital and its investors ultimately made more than $100 million on the deal.