Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Psalm 144
There is no way that Romney will win in the general election. This is devastating! These where all profitable companies taken private, looted, loaded with debt, pumped, and dumped.These are only four companies.

There is a difference between being a capitalist and being a corporatist.

9 posted on 01/11/2012 12:58:04 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: Jim from C-Town

I am just looking at it as a weapon. It is too long, too slow, too conventional and too predictable IMO. The rather naive and unimaginative people here who think utterly unfettered capitalism is ipso facto a good thing won’t be swayed.

Romney and his choir need to be politically obliterated. I don’t think this will do it. Too much mood development, not enough points.

This is a sledge hammer where a jack hammer is needed.

Just my opinion. I certainly support the objective, which is to crush Romney.


12 posted on 01/11/2012 1:07:39 PM PST by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Jim from C-Town
There is a difference between being a capitalist and being a corporatist.

Exactly. Even ZeroHedge doesn't defend Romney's record as a 'capitalist':

"Lately, Bain founder and GOP presidential candidate Mitt Romney has found himself in a spirited defense of the private equity industry, doing all he can to spin decades of data which confirm, without failure, that PE Leveraged Buy Outs are nothing but "efficiency maximizing" transactions whose only goal is the "maximization" of EBITDA in the pursuit of dividend recap deals, IPOs or outright sales, while loading up the company with untenable amounts of leverage. All this with a 3-5 year investment horizon, which ignores the long-term viability of a company and seeks to streamline (read fire as many as possible) operations as quickly as possible in the goal of maximizing short-term returns. We wish him luck in his endeavor."


Which is exactly the sort of thing the film highlights.

Shame we have so wannabe Capitalistas here at FR and elsewhere, who adamantly defend this kind of shuck and jive financial paper shuffling as exemplary acts of free-market enterprise.
13 posted on 01/11/2012 1:08:44 PM PST by Utmost Certainty (Our Enemy, the State | Gingrich 2012)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Jim from C-Town
There is a difference between being a capitalist and being a corporatist.

Exactly. Even ZeroHedge doesn't defend Romney's record as a 'capitalist':
"Lately, Bain founder and GOP presidential candidate Mitt Romney has found himself in a spirited defense of the private equity industry, doing all he can to spin decades of data which confirm, without failure, that PE Leveraged Buy Outs are nothing but "efficiency maximizing" transactions whose only goal is the "maximization" of EBITDA in the pursuit of dividend recap deals, IPOs or outright sales, while loading up the company with untenable amounts of leverage. All this with a 3-5 year investment horizon, which ignores the long-term viability of a company and seeks to streamline (read fire as many as possible) operations as quickly as possible in the goal of maximizing short-term returns. We wish him luck in his endeavor."
Which is exactly the sort of thing the film highlights.

Shame we have so many wannabe Capitalistas here at FR and elsewhere, who adamantly defend this kind of shuck and jive financial paper shuffling as exemplary acts of free-market enterprise.
15 posted on 01/11/2012 1:10:11 PM PST by Utmost Certainty (Our Enemy, the State | Gingrich 2012)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Jim from C-Town
"There is a difference between being a capitalist and being a corporatist."

FAUX news is spinning Mitt as a "Venture Capitalist". He was really a "Vulture Capitalist". The earlier thread from The American Thinker had it right. Now I'll go look for it.

33 posted on 01/11/2012 3:31:05 PM PST by matthew fuller ("If the past sits in judgment on the present, the future will be lost." Winston Churchill)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson