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That is your anecdotal evidence. What a crock. 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.
The crock is the lies you people tell that are so blatant that there is no way anyone looking at reality would believe it.
But the more you are called out, the louder your diatribe gets.
the FACT is much of Bain's business was attempts to turn around failed companies and sell them. They did a lot of that. Another part of Bain's business was investing in new start ups like Staples. They made a LOT of money doing that.
Both of those parts of the Bain business had a net postive employment effect.
But you dont want that simple truth told because you NEED Mitt to be an evil guy who wants to distroy America. The problem is, Mitts life does not comply with your need.
The crock is the lies you people tell that are so blatant that there is no way anyone looking at reality would believe it.
But the more you are called out, the louder your diatribe gets.
the FACT is much of Bain's business was attempts to turn around failed companies and sell them. They did a lot of that. Another part of Bain's business was investing in new start ups like Staples. They made a LOT of money doing that.
Both of those parts of the Bain business had a net postive employment effect.
But you dont want that simple truth told because you NEED Mitt to be an evil guy who wants to distroy America. The problem is, Mitts life does not comply with your need.
You state opinion. Yours. No value here. Here are the facts. I can't educate you, but this article should lead you down the path if you are interested in the truth, although I doubt that you are interested in the truth unless it fits into your already establish opinion.
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?)
Of course it's anti-Obama. I really don't believe that anyone actually likes Romney. Whomever the GOP candidate had turned out to be, the right wing base would have supported them...even if it was Bush.
Of course it's anti-Obama. I really don't believe that anyone actually likes Romney. Whomever the GOP candidate had turned out to be, the right wing base would have supported them...even if it was Bush.
You state opinion. Yours. No value here. Here are the facts. I can't educate you, but this article should lead you down the path if you are interested in the truth, although I doubt that you are interested in the truth unless it fits into your already establish opinion.
yea because an article written by some liberal hack is going to "educate" people.
Greed and Debt: The True Story of Mitt Romney and Bain Capital
How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill
Mitt Romney, it turns out, is the perfect frontman for Wall Street's greed revolution. He's not a two-bit, shifty-eyed huckster like Lloyd Blankfein. He's not a sighing, eye-rolling, arrogant jerkwad like Jamie Dimon. But Mitt believes the same things those guys believe: He's been right with them on the front lines of the financialization revolution, a decades-long campaign in which the old, simple, let's-make-stuff-and-sell-it manufacturing economy was replaced with a new, highly complex, let's-take-stuff-and-trash-it financial economy. Instead of cars and airplanes, we built swaps, CDOs and other toxic financial products. Instead of building new companies from the ground up, we took out massive bank loans and used them to acquire existing firms, liquidating every asset in sight and leaving the target companies holding the note. The new borrow-and-conquer economy was morally sanctified by an almost religious faith in the grossly euphemistic concept of "creative destruction," and amounted to a total abdication of collective responsibility by America's rich, whose new thing was making assloads of money in ever-shorter campaigns of economic conquest, sending the proceeds offshore, and shrugging as the great towns and factories their parents and grandparents built were shuttered and boarded up, crushed by a true prairie fire of debt.
yea because an article written by some liberal hack is going to "educate" people.
riiiiiiight.
Here is a fact for you:
STAPLES!
It was a bloomberg article. You can lead a horse to water...
Here is a phrase for you.
Willful ignorance.
A bad faith decision to avoid becoming informed about something so as to avoid having to make undesirable decisions that such information might prompt.
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