Could “Harvesting Companies” Become The New 47%?

As we said yesterday, it would be hard for Romney to out-do 47%, but today we have a contender anyway.  Courtesy of Mother Jones again (who else), we have a video of Mitt from 1985 describing the goal of Bain Capital being "harvesting" companies:

Mother Jones has obtained a video from 1985 in which Romney, describing Bain's formation, showed how he viewed the firm's mission. He explained that its goal was to identify potential and hidden value in companies, buy significant stakes in these businesses, and then "harvest them at a significant profit" within five to eight years.

In this clip, Romney mentioned that it would routinely take up to eight years to turn around a firm—though he now slams the president for failing to revive the entire US economy in half that time.

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