I'll give you credit. Maybe you posted this before my last post.
Romney is in a box!
- Thread starter Jarod
- Start date
I'll give you credit. Maybe you posted this before my last post.
cawacko
Well-known member
I don't think anyone said that...
!
From Jarod's post: "Enough voters are believing that what Mitt did with Bain contributed to the bad economy."
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Bain is an exemplar of the low disgusting arrogant behaviour practised by Wall Street, Obama was dealt a shitty card from the beginning.
Then he's right.
The mission of Bain to fire people. People without jobs don't spend money, hence there's a contribution to the bad economy. Predatory capitalism is as bad as predatory lending...and they were both rampant back then.
Althea
Althea told me...
Are you saying PE firms weren't in the MBD game?
cawacko
Well-known member
The mission of PE companies is not to fire people. Laying people off can be a result of attempting to make companies more profitable. What is the difference in the PE world today vs back then?
signalmankenneth
Verified User
In a box Indeed?
Hilarious, yet spot on, ken!!!!!! Thanks!!!!!!!!
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so obama is responsible for nothing. he is an angel.
He sure ain't responsible for the crash, and since '09, the economy has been growing.
Why won't you call out Bush? Are you afraid because you're so deeply in love with him?
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damocles:
can we please get professional help for onceler. his obsession with bush is scary.
can we please get professional help for onceler. his obsession with bush is scary.
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so obama is responsible for nothing. he is an angel.
No, I never said that either. However no president in modern times has had to face the multiplicity of economic problems that Obama was saddled with.
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um.........he CHOSE to run for office. he wasn't saddled with anything. in fact, he was a senator prior to being president.
I predicted Yurt would run from this.
No. It's to make money. The most effective way to make money? Get rid of people. Fire people. I mean...c'mon...even Mitt's admitted that! It's the nature of the business.
There's a good side and a bad side to venture capitalism. Unfortunately, Bain paticipated in both.
All that just baffles the shit out of you, doesn't it? No surprise there.
cawacko
Well-known member
What is the bad side to venture capitalism? The VC's get too much control of the company? Not all small young companies go the VC route of course but where would you like to see young companies go for capital?
Certainly not vulture capitalists like Bain. That much should be quite clear by now.
cawacko
Well-known member
Ok.