Mitt Romney Started Bain Capital With Money From Families Tied To Death Squads
Bain executive Harry Strachan suggested that Romney meet with a group of Central American oligarchs who were looking for new investment vehicles as turmoil engulfed their region. Romney was worried that the oligarchs might be tied to "illegal drug money, right-wing death squads, or left-wing terrorism," Strachan later told a Boston Globe reporter, as quoted in the 2012 book "The Real Romney." But, pressed for capital, Romney pushed his concerns aside and flew to Miami in mid-1984 to meet with the Salvadorans at a local bank.
It was a lucrative trip. The Central Americans provided roughly $9 million -- 40 percent -- of Bain Capital's initial outside funding, the Los Angeles Times reported recently. And they became valued clients.Avoiding or evading taxes is one thing, making common cause with oligarchs who fund death squads is quite another. The notion that Romney didn't know who he was doing business with is absurd.When The Huffington Post asked the Romney campaign about Bain Capital accepting funds from families tied to death squads, a spokeswoman forwarded a 1999 Salt Lake Tribune article to explain the campaign's position on the matter. She declined to comment further.
"Romney confirms Bain had investors in El Salvador. But, as was Bain's policy with any big investor, they had the families checked out as diligently as possible," the Tribune wrote. "They uncovered no unsavory links to drugs or other criminal activity."
Nobody with a basic understanding of the region's history could believe that assertion.
It is irrational that anyone who has any appreciation for human rights or, indeed, common decency could vote for this man.