Politics
Limbaugh, Defending Romney, Has Bain Tie
Bain-owned Clear Channel pays $400 million for his show. Layoffs at Clear Channel last fall.
Posted
Talk radio king Rush Limbaugh has emerged as a key defender of Mitt Romney's tenure at Bain Capital, where -- his Republican and Democratic critics charge -- layoffs at companies Bain owned should be blamed on Romney.
But Limbaugh has his own tie to the venture capital firm: Bain owns Clear Channel Communications, whose subsidiary inked a $400 million, eight-year syndication deal with Limbaugh in 2008.
Since Bain and another investor bought the company in 2006, Clear Channel has undergone waves of consolidation and layoffs; the most recent set of cuts at local stations was reported just last October.
Limbaugh is, of course, a staunch defender of capitalism in almost any context; his defense of Romney has been in line with his broader views.
His defenses of Romney -- and attacks on Romney's critics -- have been heart-felt.
"You could have read this in an Occupy Wall Street flyer," he he said of the Gingrich campaign's rhetoric. "
"The Newt PAC, I got an idea for you guys," Limbaugh continued. "Re-cut your ads on Romney and your tagline is, 'I am Barack Obama, and I approve of this message.' Put that at the end of your ad. I'm considering what to do about this, folks. I know it's serious."
Limbaugh didn't immediately respond to an email asking about his ties to Bain.
UPDATE: An earlier version of this item said Limbaugh hadn't mentioned the tie; listeners tell me he mentioned it on yesterday's show.
Check out more articles on BuzzFeed.com!
MORE GREAT STUFF
Related Links
Obama Has A Bain Bundler
Mitt Romney's old venture capital firm, Bain & Co., has become a focus of political attacks this cycle, and its executive have underwritten Romney's SuperPAC. But they're not all backing Romney: Bain managing director Jonathan Lavi…
Conservative Movement Confronts Islamophobia
In an unprecedented move, the American Conservative Union resolved to defend two conservatives, Grover Norquist and Suhail Khan, against charges of extremism leveled by former Reagain aide Frank Gaffney. ThinkProgress (of all places!) has the scoo…
Daily Kos To Make Mischief In Republican Primary
“Operation Hilarity” encourages Democrats to vote for Santorum in open primary and caucus states. It's what Limbaugh did for Hillary Clinton in 2008.
Facebook Conversations
6 Responses So Far
- benr11 thinks Limbaugh, Defending Romney, Has Bain Tie is Fail & WTF
- ryandavidp2 thinks Limbaugh, Defending Romney, Has Bain Tie is Trashy & WTF
- dailykos.com readers just made Limbaugh, Defending Romney, Has Bain Tie more viral
-
(Firefly - you can't make this go viral with your repeated posting.) This is a non-story for the lefties. Smith got it WRONG !! Just like that kid on the Simpson says….. “Ha-ha !!!”
- huffingtonpost.com readers just made Limbaugh, Defending Romney, Has Bain Tie more viral
- dailycaller.com readers just made Limbaugh, Defending Romney, Has Bain Tie more viral
-
Typical Ben Smith hit piece. Goes on and on about how Rush didn't disclose that Bain owned part of clear channel. But the truth is that he did disclose it. So Ben Smith adds a little update that no one reads. This is propaganda ala the Nazi's and Ben Smith is Goebbels. Ben JournoLister Smith, liberal moronic hack.
-
What is the Significance of the Tendency of Wingnuts to Unnecessarily Capitalize Words in their Ignorant Diatribes?! Does it Make them Feel Important? Or does it somehow Validate their Crazy Ideas? Seriously, you see that everywhere. What the hell is the deal with that?
- forums.somethingawful.com readers just made Limbaugh, Defending Romney, Has Bain Tie more viral
- Sergeant Fanciful thinks Limbaugh, Defending Romney, Has Bain Tie is Fail
-
I thought he was going to have a Bain from Batman necktie. When I saw what it was actually about, I didn't read the article and just posted this.
Go ignorance!
- donaldlg thinks Limbaugh, Defending Romney, Has Bain Tie is Fail
-
Limbaugh thoroughly lambasted McCain for not being conservative enough. The only reason Limbaugh would defend Romney is because Romney makes him (Limbaugh, not McCain, you fool) richer. So much for those 'core values' republicans are supposedly so fond of.
-
What's that smell? Oh, limbaugh's talking.
- R.T. Firefly thinks Limbaugh, Defending Romney, Has Bain Tie is Fail
- Limbaugh, Defending Romney, Has Bain Tie is starting to go viral on Facebook Share It
- Limbaugh, Defending Romney, Has Bain Tie is starting to go viral on Twitter Tweet It
- glenb4 thinks Limbaugh, Defending Romney, Has Bain Tie is WTF
