Tonight's guests include:
Chris Hayes, host of “Up with Chris Hayes” on MSNBC
State Sen. Jon Erpenbach, (D) Wisconsin
While watching tonight's video preview, take a listen to tonight's soundtrack. (Just be sure to allow the ad below to play out entirely before starting the song.)
Executive producer Bill Wolff shares a preview of tonight's show:





my gosh smart is so sexy :}
Did anyone catch the website to donate to Tom Barrett's campaign?
http://www.barrettforwisconsin.com/
The other day you featured a that moronic Congressman who said that Obama was not an American in his heart, repeating his talking point like a parrot to a reporter.
Watch Jesse Kelly, running in the AZ8 Special election to replace Gabby Giffords, giving a reporter from KGUN9 news the same treatment in response to a question about his endorsement from racist ALIPAC: http://youtu.be/szouGSAGanU
I hope I see this on the show!
Attention: Rachel and Bill
> Answer: 78% success rate
> Question: What is the percentage of Bain investments that succeeded
Incorrect:
While Romney was at Bain Capital (1984 to 1991 and 1994 to 1999), they put together 68 deals and only 35 broke even or made money.
Number of Deals: 68
Number successful: 35
Number Lost Money: 16
Number Went Bankrupt: 17
Percent successful: 51%
In case you hadn't noticed, 51% is way below the 78% you were claiming.
2. Romney's bankruptcy rate was 25%. According to the Wall Street Journal, the average Bankruptcy rate for venture capital firms like Bain is 5% to 8%.
Romney's bankruptcy rate is 4 to 5-times worse than average.
3. Bain Capital made a total $776 million bankrupting 8 companies.
1. AMPAD - Profit: $102 million - Bankrupt: 2002
2. DDI CORP - Profits: $36 million - Bankrupt: 2003.
3. DAMON CORP - Profits: $1.5 million - Bankrupt: 2009
4. DADE BEHRING. Profits: $365 million - Bankrupt: 2002
5. STAGE STORES. Profits: $100 million - Bankrupt: 2000.
6. GS INDUSTRIES. Profits: $65 million - Bankrupt: 2001.
7. DETAILS. Profits: $93 million - Bankruptcy: 2003.
8. WORD WIDE GRINDING. Profits $16.5 million - Bankrupt: 2001
The $776 million represents more than half their profits during the period.
4. All 8 deals were Leveraged Buyouts (LBOs).
5. They borrowed an average of $300 million against the assets of these companies.
6. They paid themselves an average of $100 million in consulting fees from the loans.
7. So each new company was saddled with an average of $300 million in New Debt which virtually guaranteed they would fail.
The Fox news channel doesn't call Mitt Romney out when he tells lies. Mitt is always saying that the economy was bad but President Obama made it worse. That is a lie. He also states that President Obama apologises for America. That is a lie. He says that President Obama doesn't believe in capitalism. Another lie. Every thing he says is either a lie or it is so vague that it has no meaning.
When Fox news hears these things and they don't call him on it, then it isn't real journalism. They let him spew these lies unchecked. I say that if you hear Mitt Romney say any thing, you better google it. He never answers a question. He always turns it to a lie about what Obama is doing wrong instead of answering and saying what he would do.
He did the same thing all through the debates. Newt Gingrich called him on it more than once. If you hear Romney say any thing, you better google it because nine out of ten times, It is a lie that is unchecked by Fox and some others that interview him.
John D. Taylor
Whatever anyone thinks of Chris Matthews, who can be at times seemingly be on both sides of an issue, especially during the Bush years, has blantently called Romney a liar & is asking why others are not doing so as well. For this he deserves credit.