Posted on 01/09/2012 4:20:37 PM PST by Laissez-faire capitalist
Gordon Gekko Romney is being taken to task over his proclivities, and activities at Bain. To make it short, Romney engaged in what is commonly known as asset-stripping.
My point in this thread isn't to delve into the minutiae of what asset-stripping entails, but rather to point out that Romney is attempting to pigeonhole Gingrich as being anti-free market capitalism through the use of a false choice:
If Gingrich doesn't support what Romney did at Bain, then he is anti-free market capitalism.
Romney's false choice...
And all the while, Romney is trying to use a smokescreen to cover what he did at Bain.
In the end, just because you CAN take on more debt to procure investors an earlier dividend, for example, doesn't mean that you SHOULD.
Might doesn't always make right...
Wait until Newt totally exposes this liberal jackass Romney. The was is just starting.
Since when have liberals ever based decisions on what they should do?
Personally I find nothing wrong in what Bain did or any other company like Bain does..
The was is just starting.
Should have been - The war is just starting.
(My old eyes are not as good as they used be)
As posted in another thread:
A lot of those defending Romney’s time at Bain Capital seem to be missing what should be the real point of this. That point being—if Romney’s going to run on his vaunted “private sector experience”, then it’s worth scrutinizing exactly what kind of “private sector experience” it really was, and whether that kind of experience is really conducive to the sort of entrepreneurial, free-market knowhow which it’ll really take to get the economy rolling again.
I’d argue that Romney knows more about vulture corporatism, than he does about real, free-market entrepreneurialism. And that it is absolutely not mere Leftist, Michael Moore-style rhetoric to attack Romney on this.
And just because what Romney was doing looks like capitalism on the surface, doesn’t mean it was. His whole firm could very well been based around the kind of crony capitalism any defender of real, free-market capitalism should rightfully despise.
There is a thing known as suffocating socialism, and on the other side there is compassionless capitalism. Both extremes are wrong.
Jesus never advocated Socialism (forced compassion), but scriptures are replete with him and the prophets being against widows homes being devoured.
Bingo!
As posted in another thread:
A lot of those defending Romney’s time at Bain Capital seem to be missing what should be the real point of this. That point being—if Romney’s going to run on his vaunted “private sector experience”, then it’s worth scrutinizing exactly what kind of “private sector experience” it really was, and whether that kind of experience is really conducive to the sort of entrepreneurial, free-market knowhow which it’ll really take to get the economy rolling again.
I’d argue that Romney knows more about vulture corporatism, than he does about real, free-market entrepreneurialism. And that it is absolutely not mere Leftist, Michael Moore-style rhetoric to attack Romney on this.
Also, just because what Romney was doing looks like capitalism on the surface, doesn’t mean it was. His whole firm could’ve very well been based around the kind of crony capitalism that any defender of real, free-market capitalism should rightfully despise.
Romney is indeed in favor of Corporatism. And you nailed it by affixing Vulture to the front end.
Romney’s sort and type of business knowledge will not get America going again.
If you don’t like what Bain does, outbid them next time.
Sorry but when you run a business you can’t have compassion..
Try doing all the nonsense that went on in the 80's 90's and 2000's without Greenspan's credit bubble explosion which was all about crony capitalism for bankers. Try asset stripping using your own and your clients money rather than credit sloshing around the system looking for a quick hit and takedown.
No. What Romney was doing was not capitalism - investment in the means of production to increase productivity. He and his vulture friends just want to call it that.
By the way Bain worked with Staples, Dominos Pizza and the Sports Authority... I guess that is bad...
Need to take a legitamate route to taking down Romney. Companies go to places like Bain because they are poorly managed and need cash. Theynegotiate the terms and most of the time, the company is in no position to survive. I hate Mitt’s politics, but the attacks coming out tofay on his work at Bain are indeed anti-capitalist.
False. I’ve owned businesses for over 40 years and can assure you that compassion often increases business. God rewards compassion.
Sorry believing in God does not make me money.
Another preposterously ill-informed thread regarding Romney’s business activities.
There are many reasons to oppose Romney, but now people with a grasp of venture capital, turnarounds, and finance no more robust than might be found in an average troop of Girl Scouts are writing posts that sound like they were scribbled with a crayon by Michael Moore or the halfwits of the Occupy Movement.
Hating Romney to insanity reduces one’s effectiveness in stopping him.
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