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Thursday, January 12, 2012

The U.S. Cannot Have A Private Equity President, Mitt Romney - Forbes

" I say you don’t want a Private Equity bigwig in the White House. It will appear to the world that Wall Street owns the White House and dictates the tax advantages for a small exclusive group of fatcats. And dear readers David Rubinstein, el numero uno at Carlyle, is quoted in the FT yesterday urging the White House and Congress to “quickly cobble a credible debt-reducing package.” Otherwise, Rubinstein warns in stentorian tones; “the markets’ harsh solutions will be borne disproportionately by the low income and disadvantaged. This is not acceptable, nor is it good for capitalism.”

I say Dave; it’s not good for capitalism that you and the other two Musketeers are each getting $134 million and paying a 15% tax ain’t too helpful for capitalism either."



The U.S. Cannot Have A Private Equity President, Mitt Romney - Forbes