Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Bain Capital Bonfire
WSJ ^ | 1/11/12 | OpEd

Posted on 01/11/2012 5:04:47 PM PST by PAR

About the best that can be said about the Republican attacks on Mitt Romney's record at Bain Capital is that President Obama is going to do the same thing eventually, so GOP primary voters might as well know what's coming. Yet that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Editorial; News/Current Events; Politics/Elections
KEYWORDS: bain; corporatesocialism; gingrich; perry; romney; socialistcapitalism; stealing; thievery
Navigation: use the links below to view more comments.
first 1-2021-4041-54 next last
Do we live in a Free Republic? Does the owner of a company have the right to do as he/she pleases with his/her company? Did Bain, in even the most egregious cases, violate the law? If what Bain did wasn't "fair", should we change the law so the government can decide whether owners of companies are being "fair"?
1 posted on 01/11/2012 5:04:51 PM PST by PAR
[ Post Reply | Private Reply | View Replies]

To: PAR
Does the owner of a company have the right to do as he/she pleases with his/her company?

Sure, but don't expect me to vote for them as President, if they stick us with the tab.

2 posted on 01/11/2012 5:06:30 PM PST by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PAR

Gingrich and Perry have been sounding a lot like socialists.


3 posted on 01/11/2012 5:07:49 PM PST by Brilliant
[ Post Reply | Private Reply | To 1 | View Replies]

To: PAR

Sure, but don’t expect your average Joe to like it one bit when you pocket $12 million from a failing company, go out of business and expect the taxpayer to foot a $44 million underfunded pension liability.

I hope this particular charge sinks the “invincible” Romney in South Carolina so a REAL Republican can get the nomination — not an Obama-lite socialized medicine, gay marriage-loving RINO.

Because if this tact doesn’t work now, the REAL socialist Obama will be using it come October to get four more years in the Oval Office.


4 posted on 01/11/2012 5:11:43 PM PST by NYRepublican72
[ Post Reply | Private Reply | To 1 | View Replies]

To: PAR
that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism

Darn tootin.' Gingrich and Perry should go into a permanent doghouse for this. Neither of them are fit to even run for dogcatcher.

Conservatives should band together and back Santorum -- yes he's not perfect, but he's the best we have who is running. He is an honest, decent man and he did not stoop low like Perry & Gingrich.

5 posted on 01/11/2012 5:12:02 PM PST by shhrubbery!
[ Post Reply | Private Reply | To 1 | View Replies]

To: dfwgator

Exactly. What Bain did is game the system and the reason the Wall St/DC axis needs to be broken.


6 posted on 01/11/2012 5:12:09 PM PST by bereanway
[ Post Reply | Private Reply | To 2 | View Replies]

To: PAR
that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism

Darn tootin.' Gingrich and Perry should go into a permanent doghouse for this. Neither of them are fit to even run for dogcatcher.

Conservatives should band together and back Santorum -- yes he's not perfect, but he's the best we have who is running. He is an honest, decent man and he did not stoop low like Perry & Gingrich.

7 posted on 01/11/2012 5:12:09 PM PST by shhrubbery!
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant

Oh, for heaven’s sake! Did you just parrot that from Mark Levin?

Since when did questioning business ethics make one a socialist, or anti-capitalist? This is insane.


8 posted on 01/11/2012 5:14:27 PM PST by CatherineofAragon
[ Post Reply | Private Reply | To 3 | View Replies]

To: dfwgator
Then you need to demand the federal government close down its retirement insurance department. Because if a company screws up they pay out, but tell me how you think this comes out of your pocket. Of course the government spent all the money they collected and replaced them with iou’s, but it is suppose to be self funding.
9 posted on 01/11/2012 5:21:17 PM PST by org.whodat (What is the difference in Newt's, Perry's and Willard's positions on Amnesty.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: PAR

http://www.freerepublic.com/focus/f-news/2831580/posts


10 posted on 01/11/2012 5:21:20 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bereanway
Exactly. What Bain did is game the system and the reason the Wall St/DC axis needs to be broken.

That's Occupier talk.

Michelle Malkin was right: Gingrich and Perry are just like the Occupiers. (See her blog: The abysmal incompetence of the non-Romneys; Huntsman, Gingrich, Perry all go Occupier; Santorum declines)

I don't think we want an Occupier as the Republican presidential nominee.

Can you imaging the regulations against businessmen like Perry we would see if Newt and his Socialist supporters seize power?

Newt is about dead and Santorum is just starting to soar. Santorum would make an unbelievable nominee. Please join us and rally around Santorum as the flag bearer for the anti-Romney conservative vote.

THE TEA PARTY AND RICK SANTORUM WILL WIN!!!

.

11 posted on 01/11/2012 5:31:48 PM PST by bobk333
[ Post Reply | Private Reply | To 6 | View Replies]

To: CatherineofAragon

Even if he were a “vulture capitalist,” there is nothing “unethical” about vulture capitalism. Some companies just can’t make it, and they need to be shut down and liquidated so that the assets can be used in a more productive manner. There is nothing wrong with specializing in that kind of activity. It’s good for the economy.


12 posted on 01/11/2012 5:36:33 PM PST by Brilliant
[ Post Reply | Private Reply | To 8 | View Replies]

To: trisham

http://www.freerepublic.com/focus/f-news/2831580/posts";

I agreed with Howie Carr and Newt needs to re-read his Hayek and Friedman.


13 posted on 01/11/2012 5:38:09 PM PST by PAR
[ Post Reply | Private Reply | To 10 | View Replies]

To: PAR

It is a truly fascinating thing to observe arguments for what amounts to ideological purity being dredged up by “the usual suspects” in a vain attempt to protect Romney, of all people, from the political consequences of his past depredations.

The sooner the Party Hacks tumble to the fact that populism is going to play a role, a big role, in the upcoming election the sooner they might actually salvage something of their flagging political careers and oust the Kenyan from the White Hut. But I won’t hold my breath waiting for it. Like the Obamoids, they only talk to each other and have no clue about what is going on outside their gilded salons inside the Beltway.

These nimrods have zero relevance to my life and the world that I live in. A pox on all their houses.


14 posted on 01/11/2012 5:39:03 PM PST by surely_you_jest
[ Post Reply | Private Reply | To 1 | View Replies]

To: bobk333

So your for the Wall ST./DC pipeline?

It’s akin to what happened with TARP. When the CDS and derivatives mess (which Wall ST had created) was about to consume them whole Paulson, Bush and Pelosi rode in with a bag of goodies totaling $787 billion which Myth also supported. Nothing but a government handout as those firms were deemed “too big to fail”. Without that a huge chunk of taxpayer funds Wall St. fails and much of the bad debt overhang would have been wiped out. Too bad some of the companies Bain chopped up didn’t have the same type access to the taxpayer’s dime.

I will vote Gingrich, Perry or Santorum but I’m under no illusion that any of them is the perfect candidate. BTW, Perry was the only one in Iowa with the guts to oppose ethanol subsidies up and down the line. Just check the Iowa Renewable Fuels Association voter’s guide.


15 posted on 01/11/2012 5:59:09 PM PST by bereanway
[ Post Reply | Private Reply | To 11 | View Replies]

To: bobk333
Great post. I reluctantly agree and will vote for Santorum if he`s still standing come Super Tuesday But I don`t like it..

Sad how this place has decayed, though. You can`t read a thread without these bizarre attacks on capitalism [and that`s what they are, and 99% are by folks who obviously don`t even understand what Bain and other such companies do, or how businesses actually work in a capitalist system],or exchanges of `You disagree with me so you`re a Romneybot!` crap. I having just said I will support Santorum [who I don`t like but he`s the best we`ve got] am, obviously, a Romneybot.

As to the hatred aimed at Romney [and I admit, I called him `evil,` and shouldn`t have] as opposed to just disagreeing with him, it`s really hurting this place. A poll came out showing most conservatives could support him. It reminded me that FR is for a certain kind of conservative, and is not representative of ALL conservatives--and there`s nothing wrong with that.

16 posted on 01/11/2012 5:59:46 PM PST by Darkwolf377 ( It would be better to live under robber barons than under omnipotent moral busybodies.--C.S. Lewis)
[ Post Reply | Private Reply | To 11 | View Replies]

To: PAR

Romney=Gun Grabber


17 posted on 01/11/2012 6:04:11 PM PST by Jet Jaguar (Romney=Gun Grabber)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Darkwolf377

Well said, same thoughts here.


18 posted on 01/11/2012 6:09:10 PM PST by SoDak
[ Post Reply | Private Reply | To 16 | View Replies]

To: Jet Jaguar

YES...now there’s a very good reason to go after mittens. That’s a big reason not to support him.


19 posted on 01/11/2012 6:16:05 PM PST by SoDak
[ Post Reply | Private Reply | To 17 | View Replies]

To: PAR
"Do we live in a Free Republic? Does the owner of a company have the right to do as he/she pleases with his/her company?"

...with a $44 million bailout from the government, and to take $400 per month from pensioners of that company? ...government funded "capitalism?"


20 posted on 01/11/2012 6:18:27 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-54 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson