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Rick Perry casts Mitt Romney as a greedy Wall Street 'vulture'
Los Angeles Times ^ | January 10, 2012 | Michael Finnegan

Posted on 01/10/2012 2:01:16 PM PST by Cincinatus' Wife

....Perry started slashing away at Romney’s record as chief executive at Bain Capital on Monday, but was more caustic Tuesday in condemning the firm’s practice of making money in corporate takeover deals that sometimes triggered job losses.

"They’re vultures that are sitting out there on the tree limb, waiting for the company to get sick, and then they sweep in, they eat the carcass, they leave with that, and they leave the skeleton,” Perry told about 100 seniors here at the Sun City retirement complex.

......Perry went on to castigate the Obama administration for allegedly failing to stop “self-dealing” on Wall Street.

“You’ve got to ask yourself, when the last three chiefs of staff for this president came out of Wall Street, you don’t think there’s a little bit of inside dealing going on there?” Perry asked reporters.

“That their buddies aren’t calling 'em up and saying, `Hey, how 'bout let’s not be quite that tough on those of us on Wall Street. We’re just good ol' boys out here trying to make a buck.’ This is a corrupt place. Wall Street and Washington are corrupt.”

Romney's campaign on Tuesday circulated a National Review editorial criticizing Perry and other Republicans for blaming him for job losses that resulted from Bain takeover deals.

"Wall Street has its share of miscreants, and they should be recognized as such when appropriate," it said. "But to abominate Mitt Romney for having been a success at the business of investing in struggling American companies, connecting entrepreneurs with capital and producers with markets, is foolish and destructive."......

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government
KEYWORDS: jobs; kstreet; perry2012; wallstreet
Here is an interesting article:

Perry Backer’s Anti-Romney Film to Be Run by Gingrich Ally

1 posted on 01/10/2012 2:01:25 PM PST by Cincinatus' Wife
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To: Cincinatus' Wife

Go Rick P and Newt!


2 posted on 01/10/2012 2:05:08 PM PST by independent in tx
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To: independent in tx

This is truly pathetic. Awful. Outrageous.

He should stop this crap.


3 posted on 01/10/2012 2:08:02 PM PST by indianrightwinger
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To: Cincinatus' Wife

“Perry started slashing away at Romney’s record as chief executive at Bain Capital on Monday, but was more caustic Tuesday in condemning the firm’s practice of making money in corporate takeover deals that sometimes triggered job losses.”

There are, in fact, some VERY unscrupulous characters out there in the VC world and I’m not saying Bain was one of them, but defending them is not defending capitalism as some here believe. There have been many raiders and hostile buyouts that have wiped out otherwise good, decent companies and put people out of work for absolutely no reason other than turning a quick buck by destroying them.

I find that kind of “capitalism” as antithetical to a healthy economy as a result of a solid work ethic. I don’t know how defenders of this kind of raiding square the two concepts.


4 posted on 01/10/2012 2:08:53 PM PST by jessduntno ("'How fortunate for governments that the people they administer don't think." - Adolph Hitler)
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To: Cincinatus' Wife

So....capitalism is bad. Got it Rick, thanks.


5 posted on 01/10/2012 2:09:14 PM PST by Grunthor (At least he is better than Obama! Is NOT a rallying cry!)
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To: Cincinatus' Wife
Et tu, Rick?
6 posted on 01/10/2012 2:16:11 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: Cincinatus' Wife

Romney’s company took over stuggling businesses and made them profitable again. How many jobs would have been lost without their intervention? Al of them?

If a company doesn’t make a profit, it eventually goes out of business (unless it has friends in Washington who will give it some taxpayer money.)

Romney should turn the tables and talk about jobs saved. I’m still in the anti-Romney wing of the party, but this rhetoric belongs with the left, not us.


7 posted on 01/10/2012 2:16:46 PM PST by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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To: Cincinatus' Wife

OK...

How many people on FR know that vultures feed on the DEAD and already dying???


8 posted on 01/10/2012 2:18:04 PM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: jessduntno
There have been many raiders and hostile buyouts that have wiped out otherwise good, decent companies and put people out of work for absolutely no reason other than turning a quick buck by destroying them.

There are corrupt, dishonest people to be sure. But it's exceedingly rare to make money by intentionally destroying profitable companies. What would be the point?

9 posted on 01/10/2012 2:20:22 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: Grunthor
Without the "invisible hand" capitalism is bad. Without morals and ethics, yes.

People and the press question and criticize business practices everyday. Only when Romney is questioned does that become an issue.

Oh, and yes, in any context you want to put it, he did say he like firing people. Maybe you want him as your nominee, but I don't.

10 posted on 01/10/2012 2:20:22 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: Cincinatus' Wife
Come on Rick, you are my man, but if you are going to go after Romney because he is a capitalist, I will will have to reconsider.

I am no Romney supporter, but he is not a vulture or unethical.

You have a much better record, better positions than Romney. Get out of the gutter and speak to your strengths and Obama’s negatives. Please!!!

11 posted on 01/10/2012 2:20:36 PM PST by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: Cincinatus' Wife

Let’s find out how many “pension funds” were raided by Bain Capitol before forming ignorant opinions. It’s one thing to buy a company, sell its’ assets, and move on. It’s another to raid pension funds that people spent years saving, and leave them unemployed with no retirement funds.


12 posted on 01/10/2012 2:24:14 PM PST by ez (When you're a hammer, everything looks like a nail.)
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To: jessduntno

“There have been many raiders and hostile buyouts that have wiped out otherwise good, decent companies”

Examples, Please...


13 posted on 01/10/2012 2:25:45 PM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: World'sGoneInsane

“Oh, and yes, in any context you want to put it, he did say he like firing people. Maybe you want him as your nominee, but I don’t.”

My posting history and my tagline should tell you that I will not ever vote for Mitt Romney.

“Oh, and yes, in any context you want to put it, he did say he like firing people.”

Yes, in the interest of HONESTY however, one should post or listen to the whole statement.


14 posted on 01/10/2012 2:27:20 PM PST by Grunthor (At least he is better than Obama! Is NOT a rallying cry!)
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To: World'sGoneInsane

“...he did say he like firing people...

I would like to fire all these government types Obama has been flooding the federal payroll with.


15 posted on 01/10/2012 2:27:20 PM PST by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: World'sGoneInsane

“...he did say he like firing people...

I would like to fire all these government types Obama has been flooding the federal payroll with.


16 posted on 01/10/2012 2:27:33 PM PST by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: indianrightwinger

No. you are mistaken.

The Gov. is CORRECT. Good for him.

Shame on Romney’s VULTURE CAPITALISM.


17 posted on 01/10/2012 2:29:05 PM PST by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: Cincinatus' Wife; Jim Robinson; seekthetruth

Gingrich and Perry have become so dishonest now...incredible.

They only thing they are missing from their campaigns is:

We are the 99%!!!


18 posted on 01/10/2012 2:30:57 PM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: Grunthor
Yes, in the interest of HONESTY however, one should post or listen to the whole statement.

Look, I've changed service providers, but that does not make me happy to fire people.

19 posted on 01/10/2012 2:32:26 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: independent in tx

Really...really...did you join the occupy movement?


20 posted on 01/10/2012 2:32:26 PM PST by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
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To: jessduntno

“There are, in fact, some VERY unscrupulous characters out there in the VC world and I’m not saying Bain was one of them, but defending them is not defending capitalism as some here believe.”

This is what I dont get.

Why are there people on our side that think that Capitalism = everything done under it is automatically supposed to be applauded.

If I sell someone bread that is moldy and didnt tell you, should I be defended because it was capitalism?


21 posted on 01/10/2012 2:33:13 PM PST by VanDeKoik
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To: World'sGoneInsane

I’ve fired people before. I was happy to do it.


22 posted on 01/10/2012 2:39:01 PM PST by Grunthor (At least he is better than Obama! Is NOT a rallying cry!)
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To: elpadre
He's not going after him because he is a capitalist. He is questioning his business practices.
23 posted on 01/10/2012 2:40:01 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: Cincinatus' Wife
....Perry started slashing away at Romney’s record as chief executive at Bain Capital on Monday, but was more caustic Tuesday in condemning the firm’s practice of making money in corporate takeover deals that sometimes triggered job losses.

Doesn't Rick and most other candidates want to do the same thing in DC - eliminate dying and/or useless Federal agencies and trigger job losses for thousands of Federal employees?

Washington DC needs a good "Bain'ing!"

24 posted on 01/10/2012 2:40:34 PM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: ez
Let’s find out how many “pension funds” were raided by Bain Capitol before forming ignorant opinions. It’s one thing to buy a company, sell its’ assets, and move on. It’s another to raid pension funds that people spent years saving, and leave them unemployed with no retirement funds.

Yes, and let's wait and see how many jobs were really created?

25 posted on 01/10/2012 2:43:42 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: DTogo

I guess Mr Rick (1%) Perry is letting us know that if he is elected, don’t plan on him firing anybody in the Federal Government...wouldn’t want to put any redundant people out of a job, don’t you know..thanks Rick, for letting us know ahead of time that it will be business as usual in DC with President Perry.


26 posted on 01/10/2012 2:43:47 PM PST by qwerty1234
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To: Grunthor
I’ve fired people before. I was happy to do it.

Well, I wouldn't vote for you either. Especially, if you were running around trying to pawn yourself off as a "job creator." Give me a break.

27 posted on 01/10/2012 2:45:54 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: Cincinatus' Wife

I don’t like this. Why do the RATs’ work for them. This is just more demonizing of successful people. Making a profit is legitimate and something all businesses need to strive to do. There has to be a better way to go after Romney than this.


28 posted on 01/10/2012 2:46:19 PM PST by Conservativegreatgrandma
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To: Cincinatus' Wife

Good post, Cincy’s Wife.

Btw, I wish the Rombots (who seem to be infilrating FR in anticipation of Newt’s $5 million ad blast against Willard in SC this week) would explain why American taxpayers have to pay for Willard’s business incompetence and greed?

Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut..

What’s more, a FEDERAL GOVERNMENT insurance agency had to PONY UP $44 MILLION TO BAIL OUT the company’s underfunded pension plan.

Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.

http://legalinsurrection.com/2012/01/bain-drip-drip-drip/


29 posted on 01/10/2012 2:46:57 PM PST by CainConservative (Newt/Santorum 2012 with Cain, Huck, Bolton, Parker, Watts, Duncan, & Bachmann in Newt's Cabinet)
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To: World'sGoneInsane

One of the people I fired was drunk on the job placing lives at risk.

You ready to defend that?


30 posted on 01/10/2012 2:47:55 PM PST by Grunthor (At least he is better than Obama! Is NOT a rallying cry!)
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To: qwerty1234
I guess Mr Rick (1%) Perry is letting us know that if he is elected, don’t plan on him firing anybody in the Federal Government.......


31 posted on 01/10/2012 2:48:34 PM PST by Cincinatus' Wife
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To: World'sGoneInsane
he did say he like firing people.

I don't like being put in the position of defending Romney but I don't think Romney meant he necessarily likes firing people, I think he meant he likes to have the freedom to fire people and it has to be possible to do that.

No business is in business to lose money.

32 posted on 01/10/2012 2:50:35 PM PST by Conservativegreatgrandma
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To: Grunthor
One of the people I fired was drunk on the job placing lives at risk.

I would not defend a person drunk on the job. OTOH, it would not make me happy of the impact this person was having on society. Or, the effect his being fired would have on his family.

33 posted on 01/10/2012 2:53:19 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: Grunthor
I’ve fired people before. I was happy to do it.

And I've happily fired a few bosses as well, taking my skills as an employee to other jobs where the work was more satisfying and the pay was better. Artifices such as unions and the vile minimum wage are the real destroyers of our economy and the liberty inherent in an unfettered marketplace.

34 posted on 01/10/2012 2:53:41 PM PST by re_nortex (DP...that's what I like about Texas.)
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To: elpadre

I agree. That was bad advice. He will win more people over by going directly after obama. All of the candidates are too mired in mud, much to the rats’ delight. At the rate this primary season is progressing, there will be no man standing.


35 posted on 01/10/2012 2:54:55 PM PST by jersey117 (.)
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To: Grunthor

Oh, and see post #28. You want to defend that?


36 posted on 01/10/2012 2:55:28 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: ez
Let’s find out how many “pension funds” were raided by Bain Capitol before forming ignorant opinions. It’s one thing to buy a company, sell its’ assets, and move on. It’s another to raid pension funds that people spent years saving, and leave them unemployed with no retirement funds.

I am sick of this "pension fund is sacred money BS." A pension fund is no freaking different than any other investment, and in fact is one that the individual investor has little or no control over. In a pension, the individual investor has decided to be a lazy ass chump wearing rose colored glasses that has opted to give up their financial well being to the whims of not only the market, but doing so while putting all their eggs in one basket, while betting on one entity.

A pension fund is an asset of a company plain and simple and it is fair game if the company is failing in most cases.

Why should a pension fund for a line worker be treated any differently than company stock purchases or options by an office worker or CEO? If the company tanks you lose either way.

The only real difference is that pensioners have given up their right to control their investment by in large, whereas company stocks are (in most cases) more liquid.

I don't like this pension BS at all. It's the workers fault that they fall hook line and sinker for a "promise" they don't and can't control.

37 posted on 01/10/2012 2:58:57 PM PST by !1776!
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To: jersey117
At the rate this primary season is progressing, there will be no man standing.

If questioning ones business ethics is off the table, then what is left? You don't think that this wasn't going to come out in the general election--think again.

I want the one man standing that has ethics.

38 posted on 01/10/2012 2:59:08 PM PST by World'sGoneInsane (We Can Take OUR Country Back--Perry 2012)
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To: World'sGoneInsane; Conservativegreatgrandma

Found this in post #28 - “Making a profit is legitimate and something all businesses need to strive to do.”

I’ll defend that all day long. If you have a problem with profit you might be on the wrong website.


39 posted on 01/10/2012 3:04:08 PM PST by Grunthor (At least he is better than Obama! Is NOT a rallying cry!)
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