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To: P-Marlowe; xzins; betty boop; Alamo-Girl
Do you think xzins and I are making these arguments because we are envious of corporate pirates like Romney?????????????????

No. I think you are both highly motivated by your support for Newt and great desire to see that Romney does not get the nomination. However, these spurious arguments get a lot of traction because people are so envious of those that have more. Also, look at the loaded words that keep getting thrown around, "corporate pirates", "looting", "unethical capitalism".

If Romney broke any laws why hasn't he been indicted?

...I do begrudge the unethical manner in which he made his fortune.

This term "ethics" is getting thrown around a lot but it really is in the eye of the beholder. Why is it unethical to leverage a business and take out your initial investment?

164 posted on 01/13/2012 8:36:38 PM PST by wmfights (PERRY 2012)
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To: wmfights; xzins
Why is it unethical to leverage a business and take out your initial investment?

Maybe you haven't been reading what happened with some of Romney's "investments". He didn't just take out his initial investment. While he was running the "investment" he was borrowing money against the company in order to pay himself and his company dividends. Thus when the company went belly up, he walked away literally with millions of dollars in paid dividends immune from collection by the bankruptcy court.

Frankly I had no idea that companies could borrow money when they are losing money in order to pay their shell company shareholders dividends. Did you know that this is a practice of companies like Bain? They buy a fledgling company, bleed the company of all its assets, leave a big debt and then go into bankruptcy and are protected from having any Bain or personal assets taken because of corporate loopholes written by politicians who are recipients of their ill gotten loot.

All the benefits with none of the risks. Is this your idea of a working Capitalist system? If everyone ran their businesses in this way, every corporation would end up bankrupt and all their executives would be billionaires.

169 posted on 01/13/2012 8:51:42 PM PST by P-Marlowe (Romney. The poster boy for Corporate Welfare and Vulture Capitalism.)
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