Mitt Romney never stole money. Sometimes he took money back out of companies that weren't making their milestones and put it into companies that were.<br />
If you want to blame Romney for a few hundred jobs here and there - how much can we blame Obama for 7 MILLION that have been lost during his 3.5 years? <br />
(And Romney built wealth - even Clinton called his reputation sterling - while Obama spent more in 3 years than Bush did in 8.)
Frankly - Kind of glossing over the fact that Clinton (who I actually really liked) also handed Bush the bursting of the internet bubble and the political conditions that led to the largest act of terrorism in US history. (They tried to blow up the trade center twice remember, but Clinton and co wanted to handle it as a law enforcement action.) I don't think you'll find much support for the idea that his raising taxes was the key to his success - there wasn't that much new revenue associated with it - as much as the draw down of military which was a number in the $100s of billions over his time in office.
It could be said the same of President Obama thinking creating more jobs in the government sector is a ideological sound idea. If we hire more teachers, firemen and policemen, that this a going to solve something. Shutting down coal fire electric plants, stopping development and building of oil pipelines and drilling off shore may help the environment but perhaps it should happen at a later date in the future when we get the economy sorted out first.
TwylaMarie you're arguing with a post, their minds are made up and they don't want to be confused with the facts. If Karl Marx himself were running against 0bama they would find some way to label him a capitalist operate raider.
Hitler a right winger! You can't be serious , He was the head of the National Socialist Workers Party, NAZI for short in German. 0bama has shown his authoritarian leanings by skirting congress once again and granting amnesty to illegals with a unconstitutional presidential decree. Not in a class with Stalin and Hitler yet, but he's trying.
Yep. I think it is a sign of a sociopath to take successful companies (KayBee Toys for one) leverage the purchase to burden them with debt at 100 times the purchase price, pay those funds to your investors, and then force the company into bankruptcy. How is it that somebody who worked to squeeze money out of companies and then discard them could be looked upon as a success?<br />
I find it cute that conservatives here tie themselves into pretzels bringing Obama into it as if that excuses the insane cruelty of the wealthy - - - and then go and vote against their economic best interests.
Kaybee Toys was always poorly positioned. (Take a look at the restructuring of Toys R Us in a similar market - they had to gut it all and start of.) It was very good business to get out of that market. I'm never sure why some people feel like it's a good thing to flush more money down in a business model that isn't working. Target and Amazon sell toys just fine.
Gotta disagree. At the time of the Bain acquisition they were well positioned as a storefront specialty retailer, or at least the Wall Street Journal thought so. Good cash flow. My, how conservatives have selective memories.
I know who i would believe---Bonny and Clyde.
Well, you're not very smart then. Mitt Romney has built wealth that goes to grow people's 401Ks and pension plans. Bonny and Clyde were out to steal from the rich - which is more Obama's territory.
Rhetoric Frankly. Bain has created 10s of thousands of jobs directly and indirectly. A number of prominent democracts including no less than Clinton himself have pointed out that Bain was not a "vulture capital" business. Sometimes you do have to take money from a business that isn't going to make it. People in private industry understand that. That's why Romney has beens successful and Obama has Solyndra.
And Obama could say . . . .
Except he really didn't. He organized them mostly to campaign to pressure banks to give them home loans. Which are all under water now.
Frankly, nice changing of the subject - but the fact is that Obamas "community organizing" was mostly around the idea of giving loans to people who couldn't afford them. You mention BofA, and they are a prime example of a company that tried to get out of the sub-prime lending business and were actually sued for their trouble.
It was not the redlined communities that created the financial crisis. That is merely a Faux News talking point. It was the combination of financial products peddled to people who would never have qualified along with leveraging of risk by investment banks coupled with fake ratings. So Bush decided to bail them out on our dime.
TwylaMarie neither knows economics nor monetary policy, or if she does, is an apologist for the Chicago School who's neoliberal policies, taken to the extreme, is the cause of income inequality in America and the unholy lie that the free market is more efficient than public investment. A right wing troll unhinged from reality.