Nothing at all
It is Vulture Capitalism ( Corporatism )
Just ask these men >
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Newt Gingrich >
Gingrich calls Romney, Bain Capital ‘exploitive’ | KETK
COLUMBIA, S.C. — (AP) – Presidential candidate Newt Gingrich is leveling a forceful new attack on rival Mitt Romney, calling the Republican front-runner’s private …
www.ketknbc.com/news/gingrich-calls-ro…
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“Gingrich made the remarks Tuesday before a gathering of business leaders in Columbia, S.C.
The former House speaker describes the Bain Capital model, in at least some instances, as “leverage the game, borrow the money, leave the debt behind and walk off with all the profits.”
And Gingrich says that raising questions about Romney’s track record at Bain shouldn’t be confused with an attack on capitalism.
Gingrich says that he’s proud of what he calls “real capitalists” who tell their workers that they are in it together.
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Crimes of Bain Capital in 2001; A Reason Mitt Romney’s camp …
Please see all the links documenting Mitt Romney WAS CEO of Bain Capital until (at least) August … Not paid for by, nor officially affiliated in any way with Ron Paul. …
www.dailypaul.com/241751/crimes-of-bai…
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SANTORUM: My take on that is that I don’t know of any companies, or very few companies, that go in and try to buy a company and try to tear it apart, make money and leave. I think every acquisition you look at it with an opportunity so you can create an ongoing business venture and because that’s how you make your most money.
Categorized | Featured Articles
What Is So Right About Mit Romney’s Bain Capital?
Posted on June 27, 2012.
I adore the ignorance of the Romney supporter who can’t grasp something as simple as the idea that raiding retirement accounts created for the benefit of retired employees is vulture capitalism.
This is, in significant part, how Mitt Romney profited from his term at Bain Capital. And now he’s worth $250 million.
How simple minded these GOP trolls are.
I hope someday that you face a similar fate as those who have had their legal rights violated by people like Mitt Romney! Kiss your retirement good bye!
The political “right” think that making money at all costs, without regulation of any sort, and despite who gets injured is the basis of “responsible governance.”
With that in mind…. closing factories, walking all over working class Americans and sending their jobs to Taiwan and Vietnam…. makes perfect sense.
Wow! I suppose that’s why Bain has received more than double their contributions from DemonRATS than from RepubliCANS. Naturally, the libtards have more money to give them since they are much more skilled at stealing it in the first place.http://www.americanthinker.com/blog/2012…
I’ve never felt so RIGHT for someone else to be so LEFT, I mean WRONG.
Vulture Capitalism saves companies from closing forever.
Without a company like Bain trying to turn around failing companies…they’d just fail.
Is it opportunistic? Yes.
Does it give some failing companies a second chance at success? Yes
crony capitalism = 0bama +GE, Solyndra, Buffett, NBC
Romney is a registered Republican. That is all that matters to Republicans.
Nothing is right for the ordinary people. If so. He would be proud to talk about this.
even cons hated it… lol…
Good. Daddy 0bama is pleased with you today.
It appears there is nothing wrong with it since they are contributors to Obamas campaign, and Obamas campaign manager invests with Bain.
Bain is just like any other investment firm. If you understand what they do, then you know they are in it to help companies succeed. If a company doesnot succeed it is bad for them and their investors.
Romney got Staples going again, and many other companies like Sports Authority etc.
I don’t need to ask anyone, I have the sense to look into things, and not take just anyones opinions. Bill Clinton had it right about Romney and Bain.
Moody
That Bill Clinton is much smarter and in the know than you.
President Bill Clinton veered sharply off message Thursday, telling CNN that Mitt Romney’s business record at Bain Capital was “sterling.”
“I don’t think that we ought to get into the position where we say ‘This is bad work. This is good work,'” Clinton said. “The man who has been governor and had a sterling business career crosses the qualification threshold.”
Clinton also went on to say that Romney’s time at Bain Capital represented a “good business career.”
Apparently, you don’t know what “vulture capitalism” even means, because that is NOT what Romney or Bain engaged in.
What Romney did at Bain Capital was use leverage to acquire companies that were ALREADY on the verge of failure, improve them, and sell them at a profit. Along the way, many of the companies Bain Capital invested in did quite well, and Romney helped create millions in profits and saved or created many jobs…yet you say NOTHING about that.
Meanwhile, since taking office, Obama has invested BILLIONS of taxpayer dollars in private businesses, including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions.
If anyone has been a “vulture” with OTHER PEOPLE’S money, it’s Obama hands down.http://www.politico.com/politico44/2012/…
Apparently, even Bill Clinton recently stated that Romney’s work at Bain was “stellar.”
EDIT: @ Floyd…it seems as though YOU have a problem with facts…and the FACT is that Romney did not “raid pensions.” Those investments at Bain didn’t merely benefit Romney and his ring of corporate buddies; they helped the tens of thousands of people who were eventually employed by those businesses (Steel Dynamics, Staples, Sports Authority, Dominos, etc), as well as the countless additional workers whose pensions relied on Bain Capital investing their money wisely.
That’s right: Bain investors included numerous endowments and PENSION FUNDS, comprised of MIDDLE CLASS workers. The reason that Mitt Romney made his fortune is that he was damn good at making investment decisions. Investing other people’s money is hard. Just ask Barack Obama. Yet the overwhelming majority of Romney’s investments worked out quite nicely, thus earning Bain its “superb” reputation, as described by former Obama advisor Steve Rattner.