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To: Alas Babylon!
Bain Capital - Watching unemployed former employees complain about losing their jobs is like watching a hot potato complain about the guy who dropped it. Nobody ever liquidated a profitable operation or laid off productive workers. Besides, I'd rather talk about hot tomatoes, but this is not that kind of thread.

Marines peeing on dead terrorists - not my style, but they are dead and if they weren't they might be throwing rocks at live women half-buried in the sand. Of course, terrorist life is worth more than victims who aren't Americans, so it's okay for liberals to forget that detail and respect the terrorist multi-culturalism.

As Axelrod goes on the Victory Tour ("Hey, I'm working and so are 91.5% of the people we still count...") it helps avoid talking about Obama's actual performance.

John McCain ought to get in the normal line at passenger airports instead of getting custom VIP screening with all his world travels. Given his track record on what is torture and what is not, American citizens should not be subjected to TSA tactics just because they want to get on an airplane.

112 posted on 01/15/2012 7:56:56 AM PST by Bernard (When the only Problem is overspending, all the Solutions look like TAX INCREASES to liberals...)
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To: Bernard
Bain Capital - Watching unemployed former employees complain about losing their jobs is like watching a hot potato complain about the guy who dropped it. Nobody ever liquidated a profitable operation or laid off productive workers.

You clearly don't understand that Wall Street doesn't play by Main Street's rules. They didn't with mortgage-backed securities and they don't with "private equity" firms like Bain. Bain makes their money by driving firms into huge debt and then transferring the borrowed money to themselves. When the firm goes bankrupt, the money Bain received is untouchable by law, just as your previously paid salary would be if your employer went bankrupt. The debt makes it much harder for those firms to survive and drives them into bankruptcy, but Bain has already paid themselves and loses no money.

This month Hostess, Coach (bus company) and Quizno's went bankrupt or are on the verge of going bankrupt. All are owned by private equity firms.

http://rortybomb.wordpress.com/2012/01/12/an-interview-with-josh-kosman-on-the-embeddedness-of-private-equity-in-the-tax-code/

"What I’d like to see Mitt Romney do is to show an example of a buyout that went well. The only success stories he’s talking about on any level are venture capital investments — Staples and Sports Authority. Personally I like venture capital, I think it provides a lot of value, but that’s not what he did mostly, and that’s not what these takeovers are about."

144 posted on 01/15/2012 8:16:56 AM PST by JediJones (Newt-er Romney in 2012!)
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To: Bernard
As Axelrod goes on the Victory Tour ("Hey, I'm working and so are 91.5% of the people we still count...") it helps avoid talking about Obama's actual performance.

Completely ignores about 50% of the people don't work at all...
149 posted on 01/15/2012 8:19:43 AM PST by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Bernard
I'd rather talk about hot tomatoes,

Fresh salsa?

225 posted on 01/15/2012 11:32:14 AM PST by ROCKLOBSTER ( Celebrate Republicans Freed the Slaves Month.)
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