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Romney Promises LIBOR-Scandal Banksters He'll Score for Them

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Cross-posted from The Nation


Of course Mitt Romney's arrival in London was awkward. Mitt Romney's arrival anywhere is awkward.

But don't think that Romney's jaunt across the pond has been a complete disaster.

Aside from some public relations missteps, he has accomplished precisely what he set out to do.

Admittedly, the missteps have been serious.

Romney's bumpkin-in-chief beginning in London was epic: he suggested the Brits had done a poor job organizing the Olympics, violated international security protocols and struggled to keep the names of his hosts straight. British's Sun newspaper, a particularly conservative tabloid, went so far as to dub him "Mitt the Twit" on a front page that the Brits -- and plenty of American Democrats -- will dub a "keeper."

What with an aide making cryptic comments about how Romney has a better understanding than President Obama of "Anglo Saxon heritage," nothing about the presumptive Republican presidential nominee's step onto the global stage seemed to go right.

Except, of course, for the real purpose of the trip, which was to collect cash from the most scandal-plagued of London's financial insiders -- and to assure the embattled banksters that he would, if elected, use the power of the presidency to protect them from regulation and oversight.

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That task Romney managed with the agility of the "vulture capitalist" described by his Republican primary foes.

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John Nichols, a pioneering political blogger, has written the Online Beat since 1999. His posts have been circulated internationally, quoted in numerous books and mentioned in debates on the floor of Congress.

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