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To: Tulane
Office Depot is the result of vulture capitalism?

So Romney lent money to someone who started a successful business with it, and this somehow makes him a genius qualified to be president? No, it makes him a rich boy who used money to make money. He's not a complete idiot, but with the kind of money he had access to, you only need to be of average intelligence at best to profit off of it. Besides there were a tiny handful of companies Bain actually was involved in starting. Almost all of their work was taking failing businesses, getting the owners to sign contracts under duress that put almost no risk on Bain, and to rig up the financial mechanisms so that even if the businesses went bankrupt, which they did a huge amount of times, Bain would still profit. Bain is the story of how big money privatizes the gains and socializes the losses. It's crony capitalism and corporatism at its finest, run by the kind of heartless vultures that give capitalism a bad name.

135 posted on 04/25/2012 9:14:20 AM PDT by JediJones (From the makers of Romney, Bloomberg/Schwarzenegger 2016. Because the GOP can never go too far left.)
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To: All

the only way i’d vote for romney is if he wins and there are plans afoot to primary him out in 2016


138 posted on 04/25/2012 9:15:57 AM PDT by 09Patriot (your freedom to be you, includes my freedom to be from you.--Wilkow)
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