Tuesday, July 24, 2012

Mitt Steps In It Again!

Mitt Romney recently had a very very bad week.  In order to TRY and change the tide that was running against him, he took a quote from President Obama and grossly twisted it into a different reality

Well not only was he lying about what President Obama actually said, it turns out that he had said almost the exact same thing that the President had said, that so upset Mitt.  Then he doubled down and said the same thing again to our Olympic Athletes

All the while running ads pounding on President Obama:

Mitt used hard core republican Jack Gilchrist who owns Gilchrist Metal Fabricating Company. 

“My father’s hands didn’t build this company? My hands didn’t build this company? My son’s hands aren’t building this company?” New Hampshire businessman Jack Gilchrist, president of Gilchrist Metal, asks in the ad that’s been making waves since last week.
 Forgetting the fact that if Jack's father built the company then, yes someone did build that company for him, it still turns out that Mr. Gilchrist might have needed a little help in building his company!    Who knew

In the Mitt Romney campaign web and television ads that received national attention last week, a blunt Jack Gilchrist of Gilchrist Metal Fabricating in Hudson tells President Barack Obama that he, his father and his son _ and not the government _ built his company.

But as it turns out, Gilchrist did receive some government help for his business, albeit a long time ago.

In 1999, Gilchrist Metal received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority “to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment,” according to a New Hampshire Union Leader report at the time.

The federal government allocates to each state a certain amount of tax-exempt bonding capacity each year for business and housing loans.

Because the bond buyers do not pay federal taxes on the interest, the interest rate for the borrower is typically lower than that of standard bank financing.

Last year, Gilchrist Metal also received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008, according to a government web site that tracks spending.

As Capper likes to point out with these republicans:  But wait there's more:

 He also said his company received a U.S. Small Business Administration loan totaling “somewhere south of” $500,000 in the late 1980s.

He said his business has also received matching funds from the New England Trade Adjustment Assistance Center (NETAAC), which is federally-funded.

Gilchrist said about 10 percent of his company's contracts are defense-related.

I love the smell of republican hypocrisy and fake outrage in the morning!

Of course, the Romney campaign stands by their ad!

 When you are the etch-a-sketch candidate you shake it up and change your mind any second!  


  1. Ever more proving that it's really the Republicans who are the entitled, for they consider government subsidies to be their own money, thereby making them feel they are entitled to our money. Yeah, it's twisting the words to suite me, but they all suite me just fine.

    1. But it's ok if Obama thinks people that don't work are entitled to our money? Obama and Romney are both bad for America!

    2. I agree Anon....i was opposed to President Obama extending the bush tax cuts also!

  2. And the money the government had came from businesses and their employees...

  3. MA was 47 out of 50 in job grown under Mitt Romney.