Mit Romney: The Dream Stealer

Steal from the poor.... and give to the rich


[youtube:5s3fszs9][/youtube:5s3fszs9]

LadyJazzer wrote:

FredHayek wrote: The liberal worldview? Venture capital is good and we will milk it but when Romney was in power at Bain, it was wholly evil. More contradiction?

For the 5th time, private equity is not inherently evil... It's the a**holes that can do it badly, and Romney was one that did it badly. He's proved over and over again that he doesn't care about lying to people and making promises in good faith about pensions, health benefits, severances, etc., and then breaking the bargain, and pocketing millions, while saddling the U.S. Government (read: TAXPAYERS) with the millions to cover the costs that Bain put in its pockets.

You can continue to lie about it, but it doesn't change it. As a liberal, I'm not against profits, and wealth creation...I'm against sleazebags that screw people and are so out of touch and sociopathic that they DON'T CARE about the people whose jobs they destroy.

Probably too difficult a concept for you.

For the last time... all equity companies profit from buying, restructuring, closing and reframing companies... the exact things Bain did...

"Private-equity funds buy companies, restructure them and try to profit by reselling them at a higher price. That approach, particularly with respect to the fate of workers at companies they buy, has become an issue in the Republican campaign because Mitt Romney formerly led private-equity firm Bain Capital."

Restructuring, closing and reframing companies......

lol He's got my vote!

Just as conservatives are taking advantage of social programs created by liberals, while publicly condemning them, many liberals will take advantage of equity firms to make them money, while pointing out that they are not necessarily good for this country or the middle class.. Can I assume from your comments TLGOPT, that you will defend those liberal policies, like health care reform and extended unemployment because there are conservatives that avail themselves of them and have benefited from them?

archer wrote: Just as conservatives are taking advantage of social programs created by liberals, while publicly condemning them, many liberals will take advantage of equity firms to make them money

Ah...Bain Capital cheated it's investors as well.


Watch the videos

Super Malta wrote:

archer wrote: Just as conservatives are taking advantage of social programs created by liberals, while publicly condemning them, many liberals will take advantage of equity firms to make them money

Ah...Bain Capital cheated it's investors as well.

You can hear the surprise in *MY* voice... :Whistle

archer wrote: Just as conservatives are taking advantage of social programs created by liberals, while publicly condemning them, many liberals will take advantage of equity firms to make them money, while pointing out that they are not necessarily good for this country or the middle class.. Can I assume from your comments TLGOPT, that you will defend those liberal policies, like health care reform and extended unemployment because there are conservatives that avail themselves of them and have benefited from them?

Nope.

The Liberals GOP Twin wrote:

archer wrote: Just as conservatives are taking advantage of social programs created by liberals, while publicly condemning them, many liberals will take advantage of equity firms to make them money, while pointing out that they are not necessarily good for this country or the middle class.. Can I assume from your comments TLGOPT, that you will defend those liberal policies, like health care reform and extended unemployment because there are conservatives that avail themselves of them and have benefited from them?

Nope.

No surprise there....

Investors are not the backbone of the American economy. Producers and consumers are

and its only profitable to liquidate companies if you liquidate their contractual obligations to it's outside vendors and promises made to it's employees. It's wrong, it's immoral, it's Mit Romney and its bad for America

Super Malta wrote: Investors are not the backbone of the American economy. Producers and consumers are

and its only profitable to liquidate companies if you liquidate their contractual obligations to it's outside vendors and promises made to it's employees. It's wrong, it's immoral, it's Mit Romney and its bad for America

Well... guess what partner, that's what equity companies do, and there are billion of YOUR money invested in those firms, one way or another. That's capitalism, that's the way it works and so sad, too bad that it doesn't fit in with your utopian fantasies.

Large public pension plans are pouring more money into private-equity funds, deepening ties between government workers and an industry currently under the harsh glare of U.S. presidential politics.

Big public-employee pensions had about $220 billion invested in private equity in September, or 11% of their assets, according to Wilshire Trust Universe Comparison Service, which tracks the holdings of pensions, foundations and endowments.

Private-equity funds buy companies, restructure them and try to profit by reselling them at a higher price. That approach, particularly with respect to the fate of workers at companies they buy, has become an issue in the Republican campaign because Mitt Romney formerly led private-equity firm Bain Capital.

Facts suck... don't they?