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So Did Romney Create 100,000 Jobs, Or Not? ("campaign has yet to provide convincing proof"
Forbes ^ | 1/9/2012 | Susan Adams

Posted on 01/10/2012 8:56:32 AM PST by Laissez-faire capitalist

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Vulture capitalist, asset-stripper Romney has some splainin' to do.

Fuzzy jobs. Fuzzy claims. Fuzzy job creation.

1 posted on 01/10/2012 8:56:38 AM PST by Laissez-faire capitalist
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To: Laissez-faire capitalist

His company is looking more and more like one of those firms that would buy other companies, slice and dice, sell and close and come away with a nice profit.

I’m not “anti-rich” but that is one thing I’ve always hated.


2 posted on 01/10/2012 8:58:11 AM PST by cuban leaf (Were doomed! Details at eleven.)
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To: Laissez-faire capitalist

I heard “Joe Isuzu” Romney in the debate Saturday that he was “a numbers man”. I sure would like to see the numbers.


3 posted on 01/10/2012 8:58:40 AM PST by Proud2BeRight
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To: Laissez-faire capitalist

“Game Changer” Report: The 100,000 American Jobs Romney Says He Created Were All Created In Foreign Countries – With Video”

http://patdollard.com/2012/01/newt-superpac-film-accuses-romney-of-crony-capitalism/?utm_medium=twitter&utm_source=twitterfeed


4 posted on 01/10/2012 8:59:51 AM PST by LuvFreeRepublic ( (I am angry and that is why I am #withNewt))
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To: Laissez-faire capitalist; All

Will Romney try to use a red herring and attack the messengers instead of the message?

Romney made the claim of 100,000 jobs, so the onus of proof is therefore upon him to prove it.

This is his calling card...


5 posted on 01/10/2012 9:01:26 AM PST by Laissez-faire capitalist
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To: Laissez-faire capitalist

Whatever number anyone comes up with will be bigger than the number Obama “created”.


6 posted on 01/10/2012 9:01:52 AM PST by rhombus
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Comment #7 Removed by Moderator

To: Laissez-faire capitalist

He did create 100,000 jobs. That was the needed workforce to clean up the bullsh** spewing out of his mouth.


8 posted on 01/10/2012 9:06:57 AM PST by digital-olive
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To: rhombus

Given Romney’s record, then, according to you, Gingrich would be better than Romney?

Perhaps Santorum?

Both are better.

Either way, we don’t have to have Romney to create jobs.


9 posted on 01/10/2012 9:08:00 AM PST by Laissez-faire capitalist
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To: Laissez-faire capitalist

Governor Willard “47th in Jobs” Flopney caught in more lies about Bain, the house of pain.


10 posted on 01/10/2012 9:08:00 AM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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To: Laissez-faire capitalist
"according to the Deutsche Bank document. Like other leveraged buyout firms, reports the Times, Bain often made money by laying off employees, getting government subsidies, or re-selling companies quicklyy for a profit."

These kind of government subsidies?
Regarding Bain's takeover of Worldwide Grinding Systems steel mill in KC.
What's more, a federal government insurance agency had to pony up $44 million to bail out the company's underfunded pension plan.

11 posted on 01/10/2012 9:09:08 AM PST by moehoward
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To: Laissez-faire capitalist
(snicker) yeah, whatever, Laissez-faire Capitalist. ;-)
12 posted on 01/10/2012 9:10:40 AM PST by rhombus
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To: Laissez-faire capitalist

I can name two dozen major problems with Romney, but his business experience is not one of them. Bain helped build some magnificent brands and helped turn around some failing companies. This is the one feather in Romney’s cap, in my opinion. He knows how business works.


13 posted on 01/10/2012 9:15:12 AM PST by ilgipper (Everything you get from the government was taken from someone else)
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To: cuban leaf

The leveraged buyout business is simply “house flipping” with businesses instead of houses.

The goal isn’t to improve the company. The goal is to do whatever it takes to resell the company in the shortest time possible for the most money.

Perfectly healthy companies are often targeted for a leveraged buyout, simply because someone believes they can reorganize the company to make their SHORT TERM BOTTOM LINE look better, and thus make a quick resell for a quick profit.

The reason so many companies in the 80s and 90s abandoned long term thinking a focused so much on the short term, is that long term thinking made them vulnerable to a leverage buyout.

Romney was a “turn around expert”, but in this instance we’re not talking about turning around sick companies into healthy ones. We’re talking about turning around a purchase for a quick sale.

Romney’s expertise isn’t in building businesses. It’s in buying and selling businesses. In that regard, it’s much closer to being an expert in real estate than in business managemen.


14 posted on 01/10/2012 9:15:27 AM PST by Brookhaven (Mitt Romney has been consistent since he changed his mind.)
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To: rhombus

Nice, unsubstantiated retort to bolster Romney.

We cannot stay with Obama, Emperor Romney has no clothes, so we must go with another GOP candidate.


15 posted on 01/10/2012 9:18:34 AM PST by Laissez-faire capitalist
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To: Brookhaven
BINGO!!
16 posted on 01/10/2012 9:18:55 AM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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To: Laissez-faire capitalist

Go for it! Principles, right?


17 posted on 01/10/2012 9:19:59 AM PST by rhombus
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To: Laissez-faire capitalist

Romney bragging about his ‘private sector jobs creation’ record isn’t too smart considering his similar role in job destruction layoffs. He needs to show us how many ‘net’ jobs were created if that is what he wants to run on.

I figure his jobs accounting is much like the Obama/CBO for the Stimulus.


18 posted on 01/10/2012 9:19:59 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: CainConservative

Bain, the house of pain
__________________________________

Actually that would be

Bain, the house of porn


19 posted on 01/10/2012 9:20:42 AM PST by Tennessee Nana
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To: Brookhaven

I agree with what you said in that post. And it demonstrates one of the main problems with a Romney nomination. Can you imagine, as OWS II gets under way this spring and summer, how that will play in the Obama controlled MSM?

Especially as more and more people are laid off from large companies and unemployment continues to climb (bogus stats notwithstanding).


20 posted on 01/10/2012 9:20:50 AM PST by cuban leaf (Were doomed! Details at eleven.)
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