Wednesday, August 29th, 2012 · Comments Off

1. Two RNC attendees throw nuts at a black CNN camerawoman, saying “this is how we feed animals.” And that brief report from CNN is apparently all they’re going to say about it, even though this should be a big story.

2. RNC attendees chant “USA! USA!” as a Puerto Rican party chairwoman attempts to speak:

The Republicans say that the chanting wasn’t really about the Puerto Rican lady, and was just some kind of dispute between Ron Paul supporters and Romney supporters. Of course, considering that Ron Paul is a stone-cold racist and Mormons think the native inhabitants of the Americas are descended from an evil tribe of cursed brown people, the timing was certainly unfortunate.

3. Matt Taibbi reminds us who the star of this creepshow really is:

And this is where we get to the hypocrisy at the heart of Mitt Romney. Everyone knows that he is fantastically rich, having scored great success, the legend goes, as a “turnaround specialist,” a shrewd financial operator who revived moribund companies as a high-priced consultant for a storied Wall Street private equity firm. But what most voters don’t know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America’s top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth.

By making debt the centerpiece of his campaign, Romney was making a calculated bluff of historic dimensions – placing a massive all-in bet on the rank incompetence of the American press corps. The result has been a brilliant comedy: A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place. That same man then runs for president riding an image of children roasting on flames of debt, choosing as his running mate perhaps the only politician in America more pompous and self-righteous on the subject of the evils of borrowed money than the candidate himself. If Romney pulls off this whopper, you’ll have to tip your hat to him: No one in history has ever successfully run for president riding this big of a lie. It’s almost enough to make you think he really is qualified for the White House.

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