I like Newt, Perry and Santorum before I would support Mitt in the Primary.
However, I REFUSE to allow stupid attacks on capitalism to go unpunished or uncorrected.
Newt was wrong.
Horse$hit! Very few successful, from Bain’s point of view IE PROFITABLE, ventures where turn arounds. Many where straight up Pump & Dumps and break ups.
So Willard goes unpunished for looting taxpayers???
BUT why should American taxpayers have to be forced to pay for Willards business incompetence and greed?
Workers were denied the severance pay and health insurance theyd been promised, and their pension benefits were cut..
Whats more, a FEDERAL GOVERNMENT insurance agency had to PONY UP $44 MILLION TO BAIL OUT the companys underfunded pension plan.
Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.
http://legalinsurrection.com/2012/01/bain-drip-drip-drip/
The Wall Street Journal analysis is ALSO devastating for Willard the Vulture/Lib at Bain.. (Google it)
Adding insult to injury, Bain would hide its profits in tax havens, not even paying the rate it was supposed to on the profits it made laying off workers.
Lets see how the taxpayers feel about bailing out these companies pension funds and receiving no tax money back from Bain. Lets let the people decide what they think of bailing out Romney.
Bottom line again: Why should American taxpayers have to be forced to pay for Willards business incompetence and greed?
Starting with a false premise will not result in an accurate conclusion.
[Without Bains involvement, nearly all of the companies Bain became involved with would no longer exist.
Bain gets involved when a company is ALREADY IN TROUBLE!]
That’s what Carl Icahn does too. Why don’t you look up his glorious history.
Vulture capitalists don’t pick on strong companies, they attack ones that are struggling. Hyenas also serve a useful purpose, but describing them as cute furry lapdogs is ludicrous.