Old but relevant: Bain part-owner Clear Channel

Clear Channel Corporate ^ | April 18, 2007 | Clear Channel

[NoPrisoners]

San Antonio, Texas, April 18, 2007 – Clear Channel Communications, Inc. (NYSE: CCU) today announced that it has entered into an amendment to its previously announced merger agreement with a private equity group co-led by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P., providing for an increase to $39.00 per share in the price shareholders will receive in cash for each share of Clear Channel common stock they hold. This is an increase from the previous price of $37.60 per share in cash.

[NoPrisoners]

Ever wonder why your favorite talk-show host seems soft on Romney? This could be why...

[bobk333]

I hate Romney, but the Gingrich supporters who are finding fault with the way Romney ran his business do not understand Capitalism.

They are a bunch of anti-capitalistic Socialists who belong on Daily Kos, not Free Republic.

People like Romney should be able to run their businesses they want to, with interference from the government. If a CEO needs to fire people in his company to become more efficient, he has every right to do that — that is the way a capitalist system works.

You people — i.e. Gingrich supporters — are a bunch of dangerous Leftists.

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[KJC1]

Interesting...

I know in the SF Bay Area, Rush’s show just moved from KSFO to a Clear Channel Station (910 AM).

[NoPrisoners]

Knee-jerk reaction, bobk. Vulture capitalism produces nothing - just like socialism.

[rwilson99]

You’re wrong.

Sending someone out who likes to fire people to defend capitalism is stupid...

...but not quite as stupid as expecting someone who made $50 abortions possible in Massachusetts to be pro-life.

[Dave W]

That is a stupid and ignorant comment. In fact, several weeks ago, he was very harsh on Romney. Stupid people making stupid accusations makes for a stupid thread.

[balls]

Lately, FR has become an echo chamber for dem talking points from dumbos such as yourself. Bain is a perfect example of how capitalism is supposed to work. I’m shocked to see so much socialism on FR in this election cycle.

[Dave W]

Completely agree. Where has the sanity gone, but it just goes to show you how unlearned so many people are and how much work it will take to educate

[research99]

A succinct but descriptive quote from another FR thread:

“Romney privatized gains but socialized losses”

Post #24

http://www.freerepublic.com/focus/f-news/2831223/posts

[Patton@Bastogne]

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You've got it all WRONG ...

I'm a proud Tea Party Conservative, Business Owner (Coggeshall Engineering Associates Inc.) and a clear-minded Newt Gingrich supporter ...

I'm sure that Newt (perfectly) AGREES that Mitt Romney had the LEGAL RIGHT to run Bain Capital as he saw fit ... just as Ebeneezer Scrooge had EVERY RIGHT to run his own business ...

After all, Newt Gingrich and I are "dedicated" hard-working capitalists ...



So WHAT (exactly) did Mitt Romney do wrong ?

Just like Ebeneezer Scrooge forced widows and orphans to go "homeless" in the Christmas snow ... because Scrooge was a GREEDY S.O.B. ...

Mitt Romney not only made MILLIONS buying troubled corporations ... but then Mitt's ABSOLUTE FREAKING GREED compelled him to take the "Ebeneezer Scrooge Option" ...

and like the Cold-Hearted S.O.B. Bastard Mitt is ...

FIRE, TERMINATE thousands of (innocent) people (workers) who DID NOT NEED TO BE FIRED AT ALL ...



Why ? Mitt Romney's SATANIC GREED ... Period.

"Gentle and Smiling" Mitt Romney is a Sociopathic GREEDY Bastard ... I'd say more ... but the Admin Moderator is watching ...

How about just that the ONLY difference between an Arrogant Obama and Mitt Romney ... is that Obama is "only" half-white ...



.

[Patton@Bastogne]

.


You've got it all WRONG ...

I'm a proud Tea Party Conservative, Business Owner (Coggeshall Engineering Associates Inc.) and a clear-minded Newt Gingrich supporter ...

I'm sure that Newt (perfectly) AGREES that Mitt Romney had the LEGAL RIGHT to run Bain Capital as he saw fit ... just as Ebeneezer Scrooge had EVERY RIGHT to run his own business ...

After all, Newt Gingrich and I are "dedicated" hard-working capitalists ...



So WHAT (exactly) did Mitt Romney do wrong ?

Just like Ebeneezer Scrooge forced widows and orphans to go "homeless" in the Christmas snow ... because Scrooge was a GREEDY S.O.B. ...

Mitt Romney not only made MILLIONS buying troubled corporations ... but then Mitt's ABSOLUTE FREAKING GREED compelled him to take the "Ebeneezer Scrooge Option" ...

and like the Cold-Hearted S.O.B. Bastard Mitt is ...

FIRE, TERMINATE thousands of (innocent) people (workers) who DID NOT NEED TO BE FIRED AT ALL ...



Why ? Mitt Romney's SATANIC GREED ... Period.

"Gentle and Smiling" Mitt Romney is a Sociopathic GREEDY Bastard ... I'd say more ... but the Admin Moderator is watching ...

How about just that the ONLY difference between an Arrogant Obama and Mitt Romney ... is that Obama is "only" half-white ...



.

[af_vet_rr]

I hate Romney, but the Gingrich supporters who are finding fault with the way Romney ran his business do not understand Capitalism.

They are a bunch of anti-capitalistic Socialists who belong on Daily Kos, not Free Republic.

Obviously you are not a Gingrich or Rick Perry supporter.

Gotta give Perry credit, he managed to top Gingrich by creating a cell phone ringtone of Romney saying he likes to be able to fire people.

This is just a preview of what the Democrats will do to Romney if, God forbid, he gets the nomination.

[Ramius]

Lately, FR has become an echo chamber for dem talking points from dumbos such as yourself. Bain is a perfect example of how capitalism is supposed to work. I’m shocked to see so much socialism on FR in this election cycle.

Just wait till Romney is the nominee, and you'll see FR go totally pro-Obama. Sadly, it isn't what it used to be around here. I'm no particular fan of Romney either, but I will not support another four years of Obama.

[usconservative]

You people — i.e. Gingrich supporters — are a bunch of dangerous Leftists.

Have to say as a now former Gingrich supporter who started up two small businesses, I find Gingrich's recent language about "greed" and being "filthy rich" to be very disturbing.

I caught a few minutes of Rush's show today where he "translated" what Gingrich was saying by playing a clip of Obama saying rich people "have made enough money."

That clip nailed Gingrich's own words to the wall and laid his own words bare for all to see, that Gingrich himself doesn't understand a key part of our Capitalist economic system, "creative destruction."

I'm not a Romney supporter, I don't like the guy. But what Bain Capital Management does is provide a necessary function for our economy to operate on a healthy level. Sometimes they save companies, other times companies get pared down (so they can continue to operate, which ultimately SAVES jobs) and other times they've been involved in the creative destruction of a company.

What Gingrich is bemoaning, is the creative destruction aspects of what Bain Capital Management does. The alternative to what Bain does, are the BAILOUTS that the Government has done over the last 4 years now, ranging from TARP, GM/Chrysler, Solyndra, and the list goes on.

I, nor any other right thinking Conservative Capitalist will argue in favor of Government bailouts. Not now, not ever.

Bye bye Newt.

[dfwgator]

I'm no particular fan of Romney either, but I will not support another four years of Obama.

If Romney is the nominee, that's exactly what you're going to get.

[af_vet_rr]

Just wait till Romney is the nominee, and you'll see FR go totally pro-Obama. Sadly, it isn't what it used to be around here. I'm no particular fan of Romney either, but I will not support another four years of Obama.

The only difference between Romney and Obama is how fast they want to take us down the road to socialism. Both will do so, and Conservative FReepers will have nothing to do with either one of them.

[usconservative]

“Occupy Wall Street” has a sign waiting for you.

[woofie]

This is absurd BS

This place is sounding more like DU every minute with every crackpot vanity thread imaginable

[NoPrisoners]

In fact, several weeks ago, he was very harsh on Romney. Stupid people making stupid accusations makes for a stupid thread.

Which "he" are you referring to? I mentioned no particular talk-show host. Talk about stupid.

[NoPrisoners]

This place is sounding more like DU every minute with every crackpot vanity thread imaginable

So FR has become Romney-Central? Better check with JimRob on that one. Also, I thought the connection was very interesting and thought I would share it with intelligent, thinking people.