VULTURE CAPITALISM

Romney Aimed to ‘Harvest’ Profit

According to video from 1980s.

Mitt Romney has played up his tenure as the head of Bain Capital on the campaign trail, arguing that his experience in business makes him uniquely qualified to help create jobs and turn the economy around. But a video from 1985 recently obtained by Mother Jones shows Romney describing businesses as targets of opportunity to "harvest" hopefully "at a significant profit." Whether the newly leaked video will damage Romney's run for the White House as much as his 47 percent remarks remains to be seen. President Obama has recently focused on attacking Romney's time at Bain, airing ads that highlight the workers that lost their jobs and healthcare as a result of the company's business practices.