Mitt has pulled a lot of money from Bain Capital, which in turn has pulled a lot of money from just about everyone else. This is some of the most complex financial technology around, but the Republicans have boiled it down to calling him a “job creator”. Did Mitt create jobs? Did he bring value to our world, or did he plunder value already there? Robert Reich has put out several videos explaining the basics of complicated economic topics, and this one explaining Bain Capital’s business model is one in the series. You won’t be able to go to work for a hedge fund when you’re done watching, but you may have a better grasp of financial vampirism.
Popcorn- Understanding Bain Captial with Robert Reich
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