News Release

Bain of Our Existence.com

The Campaign for America’s Future is launching the bainofourexistence.com as a place to share stories of Bain Capital and of the casino finance economy that brought the U.S. economy to its knees. It was Mitt Romney who has made his experience running Bain Capital relevant to his claim that as president he can revitalize the economy. What does his record at Bain Capital tell us about what he would do as president? And, how does his experience fit with the kind of economy that most Americans want and need—one in which prosperity is widely shared instead of concentrated in the hands of the few, in which good jobs, affordable education and economic security are within reach of every American. The Campaign for America’s Future is launching bainofourexistence.com because the debate over Romney and Bain Capital is not just a political game; it is fundamental to our economy and our democracy. It’s about choosing what kind of capitalism we want.

As Robert Borosage, co-director of the Campaign for America’s Future wrote, “Bain Capital, with Romney at its head, epitomizes the Gilded Age capitalism of the last decades, the casino finance that eventually brought the economy to its knees. And Romney, for all of his repositioning, is running as an advocate of that casino capitalism, a defender of the rigged rules and skewed policies that underpin it. Unlike Teddy and Franklin Roosevelt, who ran as `traitors to their class,’ Romney is an unabashed tribune of the rich. The worldview forged at Bain is revealed in his personal life as well as his policy choices.”