2 Minutes with David Corn: Breaking Down the Bain Video

The latest Mitt Romney video released by Mother Jones Washington Bureau Chief David Corn doesn’t address the “47 percent,” but it does reveal some uncomfortable truths about how the GOP candidate viewed his role at Bain Capital, the private equity firm he founded.

Speaking in 1985 at the 20th anniversary of Bain & Company, a young Romney said: “Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit.”

In two minutes, Corn breaks down exactly why Romney’s top priority at Bain wasn’t creating jobs or building strong companies. He also raises the question: What makes Romney qualified to do so now as a potential president?

Have an issue or a MoJo reporter you would like us to spend two minutes with? Drop us an email at dliebelson@motherjones.com.

Music by: Mike Smirnoff
 

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THE TRUTH IS...

what drives Mother Jones' team of 50-plus journalists. The truth is powerful, as evidenced by how hard those with something to hide, or profit to gain, seek to discredit it. The truth, stated boldly and reported meticulously, is what draws so many readers to Mother Jones.

And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

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