NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits

reply to post by WhoDat09


Everyone thinks they are poor in this country from someone making 25k a year all the way up to those who make 2.5 million a year all the way up to thise evil billionaires.

Given the sad state this country is in and the experience that Romney has turning around failing companies I believe that is exactly what we need.

It's not going to be nice
It's not going to be pretty

But it has to be done.

reply to post by neo96


Well IA and I don't even make 25k a year!! But here's to our least crappy-iest candidate!!

Given the sad state this country is in and the experience that Romney has turning around failing companies I believe that is exactly what we need.

Romney's "experience"? Even as we speak, his campaign ran low on cash, borrowed millions more in money, to which he promptly paid out $200,000 bonuses to his top staff. That's a Wall Street Executive for you - borrow and bonuses.

What would his experience in harvesting companies for profit do for the USA? He often bankrupted companies, fired it's employees, and even shipped those former American jobs to China. He converted companies into profit by loading them up with debt in leveraged buyouts, paid himself and Bain with extravagant fees from these companies, before driving them into the ground and profiting handsomely in the process - whether that company survived or not. Nations aren't corporations, you can't "fire" citizens, in order to turn a profit for your stock holders.

reply to post by Blackmarketeer

Romney's "experience"? Even as we speak, his campaign ran low on cash, borrowed millions more in money, to which he promptly paid out $200,000 bonuses to his top staff. That's a Wall Street Executive for you - borrow and bonuses.

What a bargain considering the other guy who spent 6 trillion dollars, got us 2 credit downgrades and still gave bonuses to Fanny and Freddy and his Wall Street and union buddies at GM.

reply to post by Blackmarketeer


Watched the video, your assessment takes it out of context imho, and I'm not a Romney fan by any means. Invest, grow, help manage and then harvest profits, that's good business.

Originally posted by NewAgeMan
reply to post by Blackmarketeer

 

Watched the video, your assessment takes it out of context imho, and I'm not a Romney fan by any means. Invest, grow, help manage and then harvest profits, that's good business.

Then you did not watch the video. You just invented the grow and help manage part. When people are fired, the company closed and moved to China, that is not growing the business. That is getting more money by exploiting slave labor.

Originally posted by neo96
reply to post by Blackmarketeer

 

Romney's "experience"? Even as we speak, his campaign ran low on cash, borrowed millions more in money, to which he promptly paid out $200,000 bonuses to his top staff. That's a Wall Street Executive for you - borrow and bonuses.

What a bargain considering the other guy who spent 6 trillion dollars, got us 2 credit downgrades and still gave bonuses to Fanny and Freddy and his Wall Street and union buddies at GM.

edit on 29-9-2012 by neo96 because: (no reason given)

It is scary how little sense this post even makes.
You obviously did not even understand what you just responded to.
You do not even realize how bad you make Romney look when you try to compare what he does to one of your lame and empty Obama slams.

I also have to wonder if you know how to separate different things from each other. No thread about Romney goes untouched by you with a post about Obama that is totally off topic.

No matter what you can say about Obama, it does not make Romney better and vice versa.

Originally posted by neo96
reply to post by WhoDat09

 

Everyone thinks they are poor in this country from someone making 25k a year all the way up to those who make 2.5 million a year all the way up to thise evil billionaires.

What??????
What billionaires think they are poor?
Can you name any of them?

You just spew so much random crap.

Given the sad state this country is in and the experience that Romney has turning around failing companies I believe that is exactly what we need.

It's not going to be nice
It's not going to be pretty

But it has to be done.

Why don't I know any of the names of these companies that Romney turned around?
They should all be household names by now.
There should be ads all over TV promoting them.
Where are they?
I can think of one and I am praying to god it is not the one and only example returned to me.

A video from 1985 only proves how much more business experience Romney has over Obama, that's a slam dunk, case closed fact.
That's why Bill Clinton said Romney is a "sterling businessman"

Originally posted by Alxandro
A video from 1985 only proves how much more business experience Romney has over Obama, that's a slam dunk, case closed fact.
That's why Bill Clinton said Romney is a "sterling businessman"

Because we really want the type of people who created the market crash in 2008 to be at the helm, right?
The markets crashing wasn't Obama's fault, it wasn't Bush's fault. It was a bunch of speculative investors' fault. EXACTLY what Romney is.
You want to have the fox guarding the henhouse.....

reply to post by Ghost375


Even if you are correct with your assumption, how would Romney implement that?
It's not like he would he do it by executive order.
The way I see it, two term Presidents alway have the potential to do a lot more damage, which is why I will no longer vote for any incumbent, especially the "one".

reply to post by Alxandro


He would do it by rolling back regulations (starting with Dodd-Frank Act) and returning us to the very speculative environment that caused the crash in the first place, he would revert us back to the Wall Street paradise of gambling and "too big to fail".

reply to post by TheOneElectric

Isn't that like arguing a cell is perfect and unitary and it's impossible that it could have been created by chance alone? I mean, from the standpoint I am at, it looks like you're saying that the beauty of nature is how it all interacts and, ultimately, preserves itself in one form or another. Your example was how the sun's energy hits the earth and feeds organisms like plankton and bushes and trees. This process of transformation continues on to more complex life: something more complex eats the plankton and from there something even more complex eats it and... So it's like saying the nano organisms feed the micro organisms that feed the macro organisms that feed the mega organisms and so on. And then going on to say that it all ultimately repeats itself ad infinitum. From a very broad perspective, it's like all life is a cell and it reproduces itself generation after generation.

Here's where I vaguely disagree:
1) You don't consider the struggle of each species or individual to survive; death, murder, war, etc
2) Species go extinct; over 99% of all earth organisms that have existed are extinct
3) Only the sheer weight of life's presence perpetuates it; its presence is not guaranteed
4) Each species acts within its own self-interests; just as people do - maybe with more grace

Even if the whole universe can be described as a unitary single cell or communal population, this description does not appreciate the hardship and struggle and selfishness of each organism and/or species. Neither does it recognize the possibility that the universe - if it's living - might itself die someday. For this description could also be applied to humans on earth. We're each selfish, but broadly, humans still, to this day, thrive. We don't just thrive, we dominate earth.

From where I'm standing, there's a beauty to the cruelness in this universe. In fact, it's probably the only instance where a human can love something so despicable. But when it's all said and done, I have to put away my fascination with the immensity and perfection of life in the cosmos, in favor of recognizing that all of this fascination comes with a heavy price tag: the sanctioning of wanton murder and destruction. There's indeed creation and some argue that this creation balances the destruction, but would these same people condone the actions of a person who would kill their closest friend or loved one and then save the life of another as payment? Does this make it ok?

Maybe where I am different from most people is... When they look at a mountain lion capturing a deer and eating it for dinner, what they say is instinct and beauty and god. What I see is conflict, maybe even murder. Similarly, when most people see a fisherman pull in a fish and club it on the head, they're witness to beauty and god and a nice day at the river (hopefully with some good fishing). But what I see is conflict, maybe even worse. See, the act of eating inspires feelings of conflict inside me because we must kill to eat. This is true for all lifeforms, except maybe a couple. And just the act of living requires many other instances of conflict as well. I've given many examples over the years in my posts. I don't know what or whom created this universe, but the presence of destruction and creation hints that it's bipolar or indifferent. At least for me, it's easier to think there's no god.

reply to post by WhoDat09


The man is only out to make money for himself by taking away your money any dirty way they can.

That's how Amerika truly works.

None of them give a damn about the working people or the poor or the little guys at all.

And that's why America has failed.

Our Founding Fathers failed to see how big money interests has corrupted the American dream and how its turned into the Looted States Of America.

I don't see an issue in his former business practices...its how the world works..its how capitalism works.
You tend to and fertilize a plant, it bears fruit, you take the fruit.

What Romney is failing at is then turning that experience and saying how it will benefit the US if he is leader...

Consider his knowledge

Spend tons of corporate money to make things hyper flourish for a short term...how does this translate into a federal move? spend tons of tax dollars to give a hyper inflated value? Is this is platform? No...its not...(is it?).

Then you yank the cash out and sell quick at a top value before it topples...this is not a bad corporate plan, but it is a disaster of a plan for a country...

Harvest, rape, whatever word you want to use is fine in corporate america, but not in federal america.

Originally posted by neo96
reply to post by WhoDat09

 

Everyone thinks they are poor in this country from someone making 25k a year all the way up to those who make 2.5 million a year all the way up to thise evil billionaires.

Given the sad state this country is in and the experience that Romney has turning around failing companies I believe that is exactly what we need.

It's not going to be nice
It's not going to be pretty

But it has to be done.

And again, point to the actual experience that would be helpful...
Consider the business model...hyper inflate, sell before the crash.

Look at the actual experience he has..not how he made a success of himself, but what practices made him a success..
Aren't you opposed to the GM Bailout?

reply to post by EvilSadamClone


Apparently Romney will make a great president because he knows how to make a lot of money by removing it from the middle class.
Well, what is he going to do with all that money he is going to make with his great business sense as president? Keep it? Put it in the POTUS piggy bank?

I am confused by these people that think America should turn a profit. Who gets that profit.

So Romney buys companies and harvests the profits and that is a successsful business model?

I beg to disagree.

Driving a company into bankruptcy = JOB LOSSES

Driving a company into bankruptcy = UNPAID CREDITORS

I don't consider that a successful business model.

Frankly it is criminal in my opinion.

Romney is trickle down economics.

If you think that it's good for our country, vote for him.

I am undecided for these reasons:
1) Money isn't everything, otherwise Bill Gates or Warren Buffett would be president
2) Unsure if trickle down economics actually works
3) He's a millionaire: how can he relate to someone who isn't
4) The back and forth between democrat and republican administrations is jarring

However, he may be just what our country needs.

Therein lies the dilemma. I am not confident in my own opinions.

I'm an independent and have voted for republican candidates a few times.

reply to post by Cuervo

My wife just made friends with a forensics/CJ major and she actually agreed that he does, in fact, fit many of the indicators of a potential serial killer.

Well, considering he thinks corporations are people, he IS AN ACTUAL serial killer.

I wish all of you capitalist supporters would actually look up the "S" word. Socialism....where the workers have a share of the profit, depending on their ACTUAL contribution (not just having a few "shares"). It is NOT COMMUNISM!
Gha