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To: nitzy

What social beliefs are you talking about? Not every single way of making a profit that happens to be legal is also ethical.

For example, insider trading apparently isn’t illegal for members of Congress to engage in, as we learned from folks like Rick Perry and Sarah Palin recently:

http://www.nationalreview.com/corner/285661/palin-politicians-insider-trading-should-be-illegal-katrina-trinko

So I’m not sure what your argument is. Are we not allowed to judge people for being unethical just because what they do is legal? So I guess we can’t judge Planned Parenthood and abortion doctors for how they make their profits either.

What’s unethical about some of Bain’s profits are clearly outlined in the quotes I made from the article.


19 posted on 01/28/2012 10:34:30 AM PST by JediJones (Newt-er Romney in 2012!)
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To: JediJones

It is not the responsibility of an equity firm to save or create jobs. It is their responsibility to make money for their investors. I didn’t mention the word legal.

It is not the responsibility of any employer, consumer, contractor, corportation, etc.. to save or create any job. It is however the responsibility of every human to protect innocent life.

What is unethical about Bain’s behavior is not clearly outlined in your quotes. Any time any owner of a company decides to close a plant or layoff workers it could be spun by collectivists (like you) to appear unethical.


24 posted on 01/28/2012 11:09:39 AM PST by nitzy (A just law does not punish virtue nor reward vice.)
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