There is a difference between being a capitalist and being a corporatist.
I am just looking at it as a weapon. It is too long, too slow, too conventional and too predictable IMO. The rather naive and unimaginative people here who think utterly unfettered capitalism is ipso facto a good thing won’t be swayed.
Romney and his choir need to be politically obliterated. I don’t think this will do it. Too much mood development, not enough points.
This is a sledge hammer where a jack hammer is needed.
Just my opinion. I certainly support the objective, which is to crush Romney.
"Lately, Bain founder and GOP presidential candidate Mitt Romney has found himself in a spirited defense of the private equity industry, doing all he can to spin decades of data which confirm, without failure, that PE Leveraged Buy Outs are nothing but "efficiency maximizing" transactions whose only goal is the "maximization" of EBITDA in the pursuit of dividend recap deals, IPOs or outright sales, while loading up the company with untenable amounts of leverage. All this with a 3-5 year investment horizon, which ignores the long-term viability of a company and seeks to streamline (read fire as many as possible) operations as quickly as possible in the goal of maximizing short-term returns. We wish him luck in his endeavor."
"Lately, Bain founder and GOP presidential candidate Mitt Romney has found himself in a spirited defense of the private equity industry, doing all he can to spin decades of data which confirm, without failure, that PE Leveraged Buy Outs are nothing but "efficiency maximizing" transactions whose only goal is the "maximization" of EBITDA in the pursuit of dividend recap deals, IPOs or outright sales, while loading up the company with untenable amounts of leverage. All this with a 3-5 year investment horizon, which ignores the long-term viability of a company and seeks to streamline (read fire as many as possible) operations as quickly as possible in the goal of maximizing short-term returns. We wish him luck in his endeavor."Which is exactly the sort of thing the film highlights.
FAUX news is spinning Mitt as a "Venture Capitalist". He was really a "Vulture Capitalist". The earlier thread from The American Thinker had it right. Now I'll go look for it.