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To: Utmost Certainty
Without Bain’s involvement, nearly all of the companies Bain became involved with would no longer exist.
Bain gets involved when a company is ALREADY IN TROUBLE!

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.

11 posted on 01/11/2012 1:58:34 PM PST by Kansas58
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To: Kansas58
Just because Bain gets involved with dying companies, doesn't somehow make them virtuous capitalists. What an atrocious leap of logic you're making.

And get it straight: nobody is disparaging the principle of free-market, entrepreneurial creative destruction per Joseph Schumpeter—especially not Newt. What is disconcerting is NOT the concept of this, but the facts of Bain's Capital track record at engaging in this process. There are profound differences between facts and concepts, do you get it?
15 posted on 01/11/2012 2:06:11 PM PST by Utmost Certainty (Our Enemy, the State | Gingrich 2012)
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To: Kansas58

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.


20 posted on 01/11/2012 2:09:50 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Kansas58

So Willard goes unpunished for looting taxpayers???

BUT why should American taxpayers have to be forced to pay for Willard’s business incompetence and greed?

Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut..

What’s more, a FEDERAL GOVERNMENT insurance agency had to PONY UP $44 MILLION TO BAIL OUT the company’s 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.

Let’s see how the taxpayers feel about bailing out these companies’ pension funds and receiving no tax money back from Bain. Let’s 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 Willard’s business incompetence and greed?


49 posted on 01/11/2012 2:28:52 PM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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To: Kansas58
"Bain gets involved when a company is ALREADY IN TROUBLE!"

Starting with a false premise will not result in an accurate conclusion.

64 posted on 01/11/2012 2:58:03 PM PST by moehoward
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To: Kansas58

[Without Bain’s 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.


86 posted on 01/11/2012 4:03:17 PM PST by FastCoyote (I am intolerant of the intolerable.)
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