Greed and Debt: The True Story of Mitt Romney and Bain Capital

Rolling Stone ^ | August 29, 2012 | Matt Taibbi

[chuckee]

You do understand when Romney was there they acquired 267 companies. most of them faltering with a view to infusing them with capital to turn them around and sell at a profit.It is called free enterprise.They were not in the business of asset stripping.They acquired the faltering company to try to turn around and sell it whole after a few years.Very few of them, less than 4, were “asset stripped” to recoup what was left as a losing investment, all in cases where there was no market for the whole or where the sum of the parts was worth more than the whole.Taibbi is an ultra liberal hates the idea of free markets and will go through any lengths to manipulate the truth with false imagery.

[Wuli]

So, far, I seem to b e the only one who actually read the entire article before making any comments.

The author should have gone straight to the facts he had to present, before putting all his editorializing in.

And, though he does not try to run through every deal Bain made, the deals he does present - just the facts - do not paint a positive picture of what Bain did and what Bain got from the deal.

I am not voting for Obama, regardless, but I think there is more than one good reason Mister Romney was not the choice many of us here at FreeRep wanted, in fact, he was - and with good reason - the choice a majority here did not want.

So, in “don’t through the baby out with the bathwater” fashion, go bookmark the Salon article, and skip the author’s editorialising but don’t throw away the message just ‘cause you don’t like the messenger.

We are going to need our favored friends in Congress to help “keep the powder dry” even with a GOP President.

Crony capitalism and vulture capitalism are not “free enterprise” capitalism (in my book), they do not create value in the economy, they transfer value without merit, either economically or morally.

[Kickass Conservative]

>”covers the federal tax breaks that made the Bain Capital hedge fund deals possible”<

So I guess since the Tax Breaks were Legal, Romney isn't a Felon after all.

Now, how about him murdering that guy's Wife?
Can't wait for Rolling Stone to publish a story on that.

[dirtymac]

If you are a conservative as you claim, why are you reading tripe from such a biased source and posting it here or anywhere. Romney is our candidate in this election. It is either him or Obama. No one else is going to be elected. This posting is a aid to Obama and nothing else. So why are you doing this if you are such a conservative.

[Tripoli]

Oh s@#t, my BS Meter just broke.

That happens every time a poster cites a DISreputable source.

Shame on you.

[Raebie]

I think it’s pretty sad that freepers are blasted as trolls for posting from liberal sources. That’s pretty “DUesque” if you ask me.

I think it’s important to be informed as to what liberal idiots are pushing out there so we can intelligently refute it.

Thanks for posting and sorry you’re taking so much flak.

[dirtboy]

I think it’s pretty sad that freepers are blasted as trolls for posting from liberal sources. I think it’s important to be informed as to what liberal idiots are pushing out there so we can intelligently refute it.

The problem is, the poster, in comment 1, is embracing the liberal idiocy instead of refuting it. Hence the derision being heaped upon him.

[1rudeboy]

I think it’s important to be informed as to what liberal idiots are pushing out there so we can intelligently refute it.

Wouldn't it be more important to get your facts from a credible source first?

[research99]

According to Wikipedia, Jann Wenner’s partner since 1995 has been Matt Nye, a fashion designer. Together, Wenner and Nye have three children, Noah and twins Jude & India Rose