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Interesting analysis by WSJ - naturally, Romney disagrees with it.
1 posted on 01/09/2012 5:23:47 AM PST by yinandyang
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To: yinandyang
The 911 Mosque and al Qaeda OWE Romney and Bain.
The American people ... not so much.

"(The GroundZero Mosque) cleared its final hurdle ….
developers plan to build the $100 million center which will include a mosque.
Since its incipient stages in July 2009, when a Muslim-run real-estate development
company purchased the damaged, vacant building and land where the new center
will be built, the project has sparked controversy and debate.
.... the tattered building that was bought by the Muslim real estate company had
been owned by a subsidiary of Bain Capital, a company Romney founded in 1984.

So it’s OK if his company can profit off the sale of the land ."


“Bain Capital, has cut checks totaling $90,000 to Romney’s operation. “


2 posted on 01/09/2012 5:27:34 AM PST by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: yinandyang

Not here to defend Romney, but how does this compare with results from other venture capital firms in the same time period. The business is high risk and losses are expected, but the wins are expected to be huge. I am not so sure a 30% failiure rate is all that bad in venture capitalism.


3 posted on 01/09/2012 5:43:48 AM PST by wolfman23601
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To: yinandyang

I can’t stomach Romney, but, frankly, this is a big “so what”.

If anything, it plays out the American dream — take big risks, endure and overcome failures (lots of ‘em!), reap big rewards.

There are plenty of other pools of anti-Romney glop to drill for. This one IMO is a dry hole.


4 posted on 01/09/2012 5:52:05 AM PST by Nervous Tick (Trust in God, but row away from the rocks!)
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To: yinandyang

Bain = Where Wilard received his training on how to become 47th in jobs as governor


11 posted on 01/09/2012 11:02:42 AM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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To: yinandyang

Bain = Where Willard received his training on how to become 47th in jobs as governor


12 posted on 01/09/2012 11:02:57 AM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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