To: Utmost Certainty
Seems to me that the definition of capitalist now includes promoting taxpayer bailouts and depending on taxpayer bailouts. We can thank Rush for that too since he declared Romney the capitalist and Gingrich the anti-capitalist.
posted on 01/11/2012 1:58:03 PM PST
("To understan' the livin', you got ta commune wit' da dead." Minerva)
Wrong, entirely wrong.
Bain, and companies like Bain, get involved when a company is having trouble.
Bankruptcy or Bain? That is the question these companies asked themselves before getting involved with Bain.
This is what SHOULD happen.
Private Equity firms like Bain are CAPITALISM at work. The exact opposite of the Obama bailouts.
(Though Romney has done an AWFUL job, thus far, in explaining this point.)
posted on 01/11/2012 2:11:04 PM PST
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