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Old 07-19-2012, 11:10 AM
 
Location: Crooklyn, New York
28,200 posts, read 26,136,284 times
Reputation: 11682

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Oblama has also proposed a limit on uncovered short positions in options. This is tying up Wall Street's hands and preventing it from earning cash for YOU.
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Old 07-19-2012, 11:10 AM
 
2,836 posts, read 3,088,274 times
Reputation: 1399
Quote:
Originally Posted by hnsq View Post
I see you get all of your information on Romney from Obama campaign TV ads. What factual evidence do you have that Romney has caused harm to the economy through work at Bain?

And are you seriously claiming that Obama has helped economic growth?
Romney is a corporate raider and a job elimination. Indeed, he should choose Donald "YOU'RE FIRED!" Trump to be his running mate.
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Old 07-19-2012, 11:11 AM
 
Location: Crooklyn, New York
28,200 posts, read 26,136,284 times
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Originally Posted by Wendell Phillips View Post
Romney is a corporate raider and a job elimination. Indeed, he should choose Donald "YOU'RE FIRED!" Trump to be his running mate.
How is he a "raider?" Corporations are people, too. If you don't want your company to get bought out, then get some money.
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Old 07-19-2012, 11:17 AM
 
2,836 posts, read 3,088,274 times
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No. Bain Capital did their "corporate raiding" through leveraged buyouts ("LBO's"); which transactions pose a high risk of loss, and consequential damage to the economy.
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Old 07-19-2012, 11:20 AM
 
Location: Crooklyn, New York
28,200 posts, read 26,136,284 times
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Quote:
Originally Posted by Wendell Phillips View Post
No. Bain Capital did their "corporate raiding" through leveraged buyouts ("LBO's"); which transactions pose a high risk of loss, and consequential damage to the economy.
Leveraged buyouts expose weakness. America needs to be strong. Therefore, the weak need to be culled.
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Old 07-19-2012, 11:21 AM
Status: "Trump: Comrade!" (set 10 days ago)
 
10,485 posts, read 6,180,428 times
Reputation: 7222
Quote:
Originally Posted by BajanYankee View Post
Oblama has also proposed a limit on uncovered short positions in options. This is tying up Wall Street's hands and preventing it from earning cash for YOU.
For us non Wall Street people, please give us a simple explanation on what 'uncovered short positions in options' means, and why it ties up the collective hands of Wall Street and/or earning cash for me.

Since it is a proposal, then you mean that, to date, Wall Street may engage in this activity?
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Old 07-19-2012, 11:21 AM
 
4,572 posts, read 2,970,186 times
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Wise up, the op is trolling.
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Old 07-19-2012, 11:21 AM
 
Location: Humboldt Park, Chicago
2,703 posts, read 2,339,472 times
Reputation: 1733
Quote:
Originally Posted by BajanYankee View Post
Oblama has also proposed a limit on uncovered short positions in options. This is tying up Wall Street's hands and preventing it from earning cash for YOU.
When did Wall Street get into the business of earning cash for me? I don't know if you can remember as far back as 2008 (I know! It was, like, a whole four years ago!), but they ran aground because they got too greedy earning money for themselves, not me.
It's hilarious that anyone who has witnessed these colossal meltdowns would truly believe that Wall Street is interested in, let alone capable of, regulating itself.
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Old 07-19-2012, 11:24 AM
 
Location: Crooklyn, New York
28,200 posts, read 26,136,284 times
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Quote:
Originally Posted by quigboto View Post
It's hilarious that anyone who has witnessed these colossal meltdowns would truly believe that Wall Street is interested in, let alone capable of, regulating itself.
The Wall Street meltdowns were Oblama's fault. Once he got elected, confidence in the markets dropped. Once Romney gets elected, confidence will be restored and we will start seeing job creation at the pace of about 700,000 to 750,000 jobs per month.
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Old 07-19-2012, 11:26 AM
 
2,836 posts, read 3,088,274 times
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No. LBO's, like financial derivative contracts, pose a danger to the market, witness the current economic crisis. There needs to be more transparency to commercial transactions. There must at least be a level playing field; and getting rid of the "safe harbor" provisions that immunize these transactions will not be done if Mitt Romney is elected President.
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