Replies

Bain Cap is simply capitalism at its core. The weak companies need to be reorganized and the dead wood liquidated. Too bad Bain didn’t take over GM, we would have a strong economy by now. The Newt spokesman was having a hard time distinguishing the attacks on Newt and attacks on capitalism.

One of them have to quit the race and support the other one to defeat Mitt.

Pray for America

I wonder if the current Romney supporters are the same crowd as the 2008 McCain supporters? Can I say, a confused bunch of Republican supporters that follow the media’s lead on a ‘winning’ candidate for Republicans...Disclaimer, 2008 I supported Romney for his economic plan being the best of all choices, but this time around Bachmann, then Cain, now it comes down to Santorum or Perry, then Newt, Romney...

Bain Cap is simply capitalism at its core. The weak companies need to be reorganized and the dead wood liquidated.

You couldn't be more wrong. Bain is an example of how Wall Street big business games the system and buys off politicians to rape, pillage and plunder the country.

"If you look at the dividends stuff that private equity firms do, and Bain is one of the worst offenders, if you increase the short-term earnings of a company you then use those new earnings to borrow more money. That money goes right back to the private equity firm in dividends, making it quite a quick profit. More importantly, most companies can’t handle that debt load twice. Just as they are in a position to reduce debt, they are getting hit with maximum leverage again. It’s very hard for companies to take that hit twice."

Bain drives companies into debt, transfers that money to themselves, and then gets to keep all of it when those companies go bankrupt while the banks and government pension insurance covers the losses. It's true Bain tries to help those companies stay in business because they can sell them later if they become profitable. But they don't really care because they make all their money upfront off of the loans and take no risk.

Their ability to pull off this scam has been cut down somewhat since 2007 thanks to credit being harder to get.