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To: GOPyouth
Rush just said Romney via this comment has accepted the premise of the attacks from Newt and Perry.

Yes, not a good move. I thought Mittens had better debate skills than that.

Here's Romney on GM on 31 May 2009, just before Zero took it over:

http://www.youtube.com/watch?v=F70dnHfWcTk

107 posted on 01/11/2012 11:32:51 AM PST by cynwoody
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To: cynwoody
Romney did more damage to himself than Newt and Perry combined, with his comparison of the GM government takeover to his company takeovers at Bain.

I do think leverage buyouts are more like vulture capitalism and much preferred Cain's Main Street background, but what Romney did was legal. However, it also sounds like the taxpayers were on the hook for some of the money on some of the deals that were done by Bain.

But, I don't know how Obama got away with taking over GM and giving it to the unions without paying off the lenders. Romney's comparison between Obama’s GM takeover and Bain’s leverage buy outs was just nuts. Romney doesn't seem to have a grasp on capitalism.

Romney can tout his experience at Bain, but this experience is going to take him out in the general election. I don't see anything to admire here on some of the leverage buyout deals. If he really did create all those jobs, why won't they release the information to check it out.

113 posted on 01/11/2012 2:17:01 PM PST by FR_addict
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To: cynwoody
Romney did more damage to himself than Newt and Perry combined, with his comparison of the GM government takeover to his company takeovers at Bain.

I do think leverage buyouts are more like vulture capitalism and much preferred Cain's Main Street background, but what Romney did was legal. However, it also sounds like the taxpayers were on the hook for some of the money on some of the deals that were done by Bain.

But, I don't know how Obama got away with taking over GM and giving it to the unions without paying off the lenders. Romney's comparison between Obama’s GM takeover and Bain’s leverage buy outs was just nuts. Romney doesn't seem to have a grasp on capitalism.

Romney can tout his experience at Bain, but this experience is going to take him out in the general election. I don't see anything to admire here on some of the leverage buyout deals. If he really did create all those jobs, why won't they release the information to check it out.

114 posted on 01/11/2012 2:17:01 PM PST by FR_addict
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