When I look at the % of people who support this skidmark,the next reasonable assumption is that the same % number are one or more of those things.....It's a staggering and sobering realization....

This country....This WORLD is severely screwed.....

I must agree.

One lie that stands out in my mind from the debate was Mitt: "I balanced budgets as CEO." Well, anyone with a clue about private equity knows that they make money by using high leverage (what normal people call borrowed money). Just because they report an operating profit for a couple of years before the money men leave, it doesn't necessarily mean the budget is balanced is a sustainable way, and it certainly doesn't mean that these guys would turn down opportunity to borrowing extra cash, either to increase liquidity (more likely to pay executive bonuses) or to leverage up by acquiring more "productive" assets, and that is for damn sure if they could borrow at the kind of rates that the US Government has been enjoying on its debt for the past four years!

But he was CEO of the Olympics, that's not a private equity - high leverage model, right? No, its a walk in the park. Yes the games were profitable, but peel back the curtain and look more closely. The Olympics utilized FREE, volunteer labor. When you look at what he did in terms of belt tightening: cutting the free pizza, etc., that was essentially cutting the cost of his already zero wage workforce by eliminating their perks. He was able to do this because the one big perk: being part of "The Games" was enough to keep people showing up to volunteer. What would he do as President, make "being able to participate in American government" a perk to draw in free civil-service workers? What a joke. Plus he also used public funding from Washington to generate a "financially successful" games. The Salt Lake Games appear to have turned a $100 MM profit. It's hard to get consistent number of what the public investment was, but I've seen numbers ranging from $2.7 Billion (including "capital" infrastructure investments made to support the games) to $600 Million all the way down to a low number of $324 Million. So let's see, you took in that much money in federal "bailout" money, you had the benefit of an unpaid workforce, and you managed to turn a profit of $100 MM. What kind of math calls that a balanced budget! That'd be one more SKETCHY DEAL that I wouldn't want to be part of!

Here's the story where the $324 Million number came from:

http://swampland.time.com/2012/07/18/the-real-story-of-romneys-olympic-turnaround/

the situation wasn't all of that dire and government funds is the reason why the Olympics were successful.