Here, here. There’s no creation - of anything except dollars - when you buy a company to take it apart, fire all the workers, ship the jobs overseas, and then use the money in the pension funds to play the market. This is more than vulture capitalism. It is more like a Mayan sacrifice capitalism: pull the still-beating heart out of the victim and then eat it.
Now he wants to use all the money he made pulling American businesses apart to buy his way into the Presidency, with a 527 headed by his personal lawyer pouring tens of millions into attack ads against other Republicans. What does Romney *want* the Presidency for, anyway? It can’t be because he is so committed to particular beliefs and values - because we KNOW that he’ll change his positions to suit whatever the polls are. Perhaps he’s planning to do for the US what he did for other companies what Bain Capital did - take the bits that are left apart and sell them off. Interested in buying the Grand Canyon? How about corporate sponsorship for the Washington Monument? Certainly he’s not going to be “putting America back to work” - because his work experience consists of using his inherited money to buy companies that he then tore to pieces.
American “capitalism” eviscerated manufacturing in this country. Now we are at the mercy of the Chinese, who make almost everything that is offered for sale at WalMart. They collect our debt while they work on hacking into all of our most secure computer systems, from finance to aerospace to military. We probably won’t even get an opportunity to fight once the war starts - all they have to do is yank the plug on our computers.
Man, rant over. But this Romney guy just chafes my tender parts.
‘vulture corporatism’ another FReeper characterized it earlier today.