Originally posted by detachedindividual
Originally posted by Wrabbit2000
In a bad economy you want economic people. That's Mittens..and that's as simple as she comes.
edit on 11-10-2012 by Wrabbit2000 because: (no reason given)
Mittens is not "economic people". He's a business man who has spent his life making a profit through the slashing and selling of other businesses.
Economics and making a profit are two entirely different things. That's my point.
Ummm.... Okay.... My research on Bain Capital and it's success/failure rate on rehabilitating companies to profitable status is radically at
with what you're saying here. They lost a small % of the overall companies they took on to re-hab. 17 out of 77 in one period I looked at.
Some of the BIGGEST names in retail that you eat from, buy from and enjoy services from today had contact at some point with the money wizards at
So.... If you'd like to redefine what a Capital Investment and Venture Capital firm actually DOES
for a living...I suppose we each have our
perogative for such things...but I'd prefer to stick with what they actually DID
. They DID a hell of a lot to save
a great many
companies, as is/was their business model and purpose in life.
They also LOST
money on a few companies.....among them are those that failed. Bain didn't make some fortune by liquidating client companies. I
don't know where that silly thought started....but no one MAKES money by insuring others THEY OWN lose it. The logic there goes tilt on the face of
...and literal financial statements out of Bain show it never had basis in reality for them.
By your logic, we should be electing bankers. Are they not more of your "economic people" than Mittens is? He simply makes a profit from buying,
cutting up, and then selling businesses. Surely a banker is more economically minded than he is?
(snaps fingers) Hey! Now you're starting to see my point! Yes.. electing BANKERS is not a bad idea
when our nation is on the verge of
total fiscal collapse
and ruin. You don't
hire a community organizer to run a bank and you don't hire a banker to run a community
program. Both will screw it up beyond all hope. As HAS happened.
Obama's socialist agenda would have been perfect and timely in the 1970s...and may again be good at some point. Right now, this nation doesn't have
the resources to pay it's own bills. We have NO MONEY left for social experiments and wild attempts at the dreams born from 1960's unrest. NOT now.
NOT when we're damn near falling to total destruction from within on economics.
If you elect Romney based on the fact that he successfully made a profit (which anyone is capable of doing given the right tools, it's not rocket
science, we all do it) you will be handing your nation and its budget and economy over to a man who knows how to make a quick profit. You are not
electing an economist, you are electing a capitalist.
I absolutely love how when making a profit is a good thing, ANYONE
can do it...and it's supposedly a simple thing to accomplish. Well...If that
were true, then the failure rate for new business wouldn't be pushing the vast majority by any measure within the first few years. Almost NO ONE who
attempts what Romney did in life, makes it. If that were different, money would have radically different meaning in society as everyone would have
plenty of it.
As it happens.. SKILL and TALENT are required
to make business work and work well. The fact anyone can suggest that isn't a key part
anymore shows how effective the dumb down propaganda has worked to convince everyone that excellence is a suckers bet and being ABOVE average is being
arrogant and should be looked down upon.
It's a scary scary place where we're at when a man TED KENNEDY HIMSELF called a friend....is now made out to look like ultimate evil itself and the
WORST the right has ever produced in the history of politics.
The overblown B.S. propaganda is too damn much. Romney IS NOT EVIL and Obama is NOT the Anti-Christ. They're both dumb ass politicians and they're
both corrupt;. WHICH VERSION of corruption do we want?
I want the kind best suited to make economics WORK in a nation where it's our #1 largest problem. You want a social guru. You vote your way and I'll
May the best man win next month.......and hopefully Obama doesn't do too bad either.
edit on 12-10-2012 by Wrabbit2000 because: (no reason given)