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Vulture capitalist companies like Bain privatize the gains and socialize the losses...In other words, the loss is passed on to other people and they keep all the gain for themselves.
How is what Romney's company did much different than what Obama has done?
AT LEAST Romney's company did it with their own money and not taxpayer's money.
Obama has invested taxpayer's money in all sorts of Green Energy companies which have gone bankrupt. Their employees are out on the street now without pensions, healthcare, or an income.
When Obama bought GM, lots of dealerships were closed. All those people who worked at those dealerships lost everything. Union people got sweet deals while management got fired and lost everything.
No...OBama is no different except he gambles with TAXPAYER'S money....and always picks LOSERS.
You have an absurd idea of financial speculation. But, that is only a small part of the tendencies of a Romney loyalist (or, is it better served as: anti-Obama?)
LOL Romney loyalist. You actually know that I'm going to vote and you know who I'm voting for?
Typical democrat making an ASSumption.
Oh look!!!! Another green energy taxpayer failure going bankrupt!! So nice to know where your money goes, isn't it??
LOL Romney loyalist. You actually know that I'm going to vote and you know who I'm voting for?
Typical democrat making an ASSumption.
The ASSumption is solely dependent on the kind of sound you make.
Oh yeah, on those green energy initiatives, if they speak for something, they only speak for what kind of society we're... impotent to take advantage and innovate. Leave that to those who are instead leading the way.
He did not build companies the old-fashioned way—out of inspiration, perspiration, and a long slog in the free market fostering a new product, service, or process of production. Instead, he spent his 15 years raising debt in prodigious amounts on Wall Street so that Bain could purchase the pots and pans and castoffs of corporate America, leverage them to the hilt, gussy them up as reborn “roll-ups,†and then deliver them back to Wall Street for resale—the faster the better.
[LEFT]Read more at Mish's Global Economic Trend Analysis: Does Mitt Romney Know What It Takes To Create Jobs? Did He Ever Create Any?
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The man is a thief by any and all accounts. He defrauded workers, owners, investors and banks and got away with it. I do not know why the financial community tolerates his company.
If elected he will Bain America.
Please provide detailed examples and proof of this and cite your sources. I'll wait.
Since when are businesses dissected into "sort of" and "full tilt" based on some convenient and arbitrary liberal definition?
Bain Capital is a business with balance sheets, income statements, and tax filings. Therefore, it is a legitimate business that was built by someone, somewhere.
Business 101. Something forum liberals know nothing about. Sort of like the President they worship.
Since when are businesses dissected into "sort of" and "full tilt" based on some convenient and arbitrary liberal definition?
Bain Capital is a business with balance sheets, income statements, and tax filings. Therefore, it is a legitimate business that was built by someone, somewhere.
Business 101. Something forum liberals know nothing about. Sort of like the President they worship.
They are vulture capitalists.
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So nice to know where your money goes, isn't it??
