News reports have been revealing that the Mitt Romney co-founded Bain Capital (and its affiliates) are behind many of the huge job layoffs in the United States, since the late 1980s.

Turns out that Bain Capital could be involved with the problems at Sears and Kmart!!!

In 2005, Vornado Realty Trust bought 7.5 million shares of Sears Canada. Vornado was also involved with Bain Capital in taking over Toys “R” Us, which  took over KB Toys resulting in 3,400 jobs lost.

Vornado also backed the take over of Sears by Kmart in 2005, leading to the creation of Sears Holdings Corporation.

Part of the recent list of Sears/Kmart store closings showed that several Sears stores were being converted into Kmart stores.  Is this just a Bain Capital inspired conspiracy to shut down Sears?

In another posting I showed how the demise of KB Toys, and the take over of Toys “R” Us, were part of the Mitt Romney style of ‘investing’ which results in net job losses.

In the early 1990s, Bain Capital, along with a company called Acadia Partners, bought the Coldwell Banker subsidiary from Sears.

Here’s the scary thing. In the short time I researched Romney’s creation, Bain Capital, it became clear that the so called investment company is involved in almost every corporation in the United States!

Bain Capital, along with dozens of other so called investment companies (including the infamous Carlyle Group) are systematically taking over and shutting down businesses in the United States.  Those shut downs are not based on the true performance of those companies, but on the personal desires of those involved in the so called investment companies (as I tried to explain in a previous posting). And it’s all about the money.

Of interest is the fact that Bain Capital’s 13F-HR filing, for June 2011, shows that it owns stocks in only five companies!  Their 13F-HR statement says those five companies make up 100% of their stock holdings. Pretty pathetic for such a prolific investment company!

Political Incompetence & Corporate Evil: CHRISTIAN/MORMON MITT ROMNEY CO-FOUNDED BAIN CAPITAL, WHICH HAS BEEN DESTROYING JOBS SINCE 1984! DESTROYED JOBS IN CHUBBUCK, IDAHO. DEMISE OF KB TOYS CONNECTED TO TOYS “R” US