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The Bain Capital Bonfire
Wall Street Journal ^ | JANUARY 11, 2012. | WSJ Editorial

Posted on 01/11/2012 8:50:22 AM PST by Daveinyork

About the best that can be said about the Republican attacks on Mitt Romney's record at Bain Capital is that President Obama is going to do the same thing eventually, so GOP primary voters might as well know what's coming. Yet that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Politics/Elections
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To: Daveinyork

This article sums up best Bain’s work and is right on.

Romney and his executive provided a valuable service to businesses.

His real problem is he ain’t so great at defending his work or it’s virtues.

Fine by me.


41 posted on 01/11/2012 9:48:00 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Jukeman
Also, Fox News has not had me tune in to their Romney loving crap in several weeks now.

Me too. I hope there's a lot of us there.

42 posted on 01/11/2012 10:09:23 AM PST by alicewonders ((GO PERRY!))
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To: Daveinyork

Just what in the heck is going on with FR ?

The guy has two affairs and 3 wives and it is no problem.

We have him sitting on the couch with Pelosi and it is no problem

We have people here supporting a Federal lawsuit for VA and people gladly follow this.

We have people supporting openly leftist language and anti capitalist garbage.

We then are lectured on other threads on how principled conservatives are, and people on this site get ‘zotted’ for stuff not nearly approaching this abandonment of conservative principles. How anyone on this site can now support the above mentioned points I made, and then call themselves a “principled conservative” is beyond me.

For full disclosure I am supporting none of this lot as I find the whole field disgusting. I will not vote -except for down ticket- after being given this sorry group to vote for, can’t do it.


43 posted on 01/11/2012 10:12:36 AM PST by lakewood conservative
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To: david1313

How did that work out for you and the nation back in 2008?


44 posted on 01/11/2012 10:14:25 AM PST by BilLies ( (ABCBSNBCNN, NYTimes, WaPOSt , etc., hates your Traditional American guts!))
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To: maxter

BAin’s stockholders.


45 posted on 01/11/2012 10:17:47 AM PST by McGavin999 ("If you'll have my back when I go to Washington, I'll have yours" Rick Perry 2012)
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To: jimmygrace

Chainsaw Al Dunlap


46 posted on 01/11/2012 10:19:03 AM PST by Daveinyork
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To: Zevonismymuse

It’s an OPINION piece that talks more about Bain, than covering specifically what Romney did while at Bain. The investigative NEWS article from earlier in the week covered that relationship specifically.


47 posted on 01/11/2012 10:26:54 AM PST by moehoward
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To: TexasFreeper2009
“Fact:
Romney said yesterday “he likes to fire people”

Fact:
Today Romney likened what he did at Bane to the Obama auto bailouts.

Fact:
Bane Capital the company Romney co-founded bought a steel mill, bankrupted it and fired all the employees after looting their pension plans, then stuck the US Taxpayers with the a bill ($44 Million) for it.

Those are the facts.”

Sorry, but one out of three correct statements is not a passing grade in my book.

48 posted on 01/11/2012 10:33:11 AM PST by riverdawg
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To: Daveinyork

This, from the newspaper that was handed the facts and story on the world’s largest ponzi scheme run by Bernie Madoff no fewer than three times... and refused to publish the story.

The WSJ also was right there with Bloomberg and Fox news, filing FOIA’s for minutes of Fed meetings, right? The WSJ found out that the Fed had, at one time, committed over $16 trillion (NB the “T”) in US funds to the banking system here and abroad?

Um, no, they were not.

And they were right on top of the MF Global scam too, right?

Um, no, for the first week, they were re-hashing reporting done by Reuters, Bloomberg and Fox.

The WSJ has always turned a blind eye to financial irregularity. They’re the voice of the monied classes on Wall Street, always taking “the company line.” They’re going to peddle the company line on Mitt and Bain... until someone else drags the facts out into the room like bringing a road-killed deer carcass into the salon of some upper-crust matron on the upper west side and says “Feast your eyes on this, baby!”


49 posted on 01/11/2012 10:51:33 AM PST by NVDave
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To: Daveinyork

Yeah, look, I haven’t settled on Mitt...and I know he is hated here by Jim and a boatload of others.

His work as an investor, though, ought to be acknowledged as a legitimate part of his resume.

We really have a danger, I think, of equating every Republican we find distasteful with Hussein. That is an error that will hurt us beyond belief.

I live in Florida—I had to deal with Charlie Crist, a bigger RINO (when he had the “R”) than McInsane and Romney COMBINED.

Charlie Crist was bad...but he WAS NOT AS BAD AS HUSSEIN.

I’m not shilling for Romney, I’m just saying he isn’t Hussein.


50 posted on 01/11/2012 10:53:43 AM PST by Recovering_Democrat
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To: Recovering_Democrat

I’m not voting for Mitt, period! But I think we can do better than all these populist attacks on him for when he wasn’t actually acting like a socialist.


51 posted on 01/11/2012 11:17:42 AM PST by Daveinyork
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To: Daveinyork

I suspect that when a conservative Republican is elected, that is indeed what will happen. Romney is a liberal Democrat pretending to be a Republican, and as such he is not to be believed.


52 posted on 01/11/2012 11:19:06 AM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: SatinDoll

Are there any conservatgive Republicans running this year?


53 posted on 01/11/2012 11:21:05 AM PST by Daveinyork
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To: SatinDoll

Are there any conservative Republicans running this year?


54 posted on 01/11/2012 11:21:21 AM PST by Daveinyork
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To: Daveinyork

Something to also keep in mind in regards to this line of attack by Newt... it goes directly to his own personality and history:

“There was a very brief moment where, frankly, he got under my skin. And I responded in a way that made no sense, doesn’t fit my values. And made some references to Bain where I’ve said publicly he’s a good manager, He is a good businessman.” — Newt Gingrich 12-15-11 on Hannity


55 posted on 01/11/2012 11:22:37 AM PST by Koschei
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To: Daveinyork
Romney is a Socialist....

I'm sorry but anyone that passes a Health plan like he did in Massachusetts is a Socialist plain and simple. What is frightening is THAT is what the Republican party alternative to Obama a President that can be easily defeated. In other words the Republican Party is also a party of Big Government and not a true opposition party.

The only people that will be getting fired is the private sector while the government sector will grow under Romney. Romney is nothing more than an Obama with an R by his name.

56 posted on 01/11/2012 11:29:08 AM PST by Sprite518
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To: NVDave

Bingo!


57 posted on 01/11/2012 11:30:34 AM PST by Sprite518
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To: lakewood conservative

Oh so you think Romney is Conservative???

He is a freaking Socialist! Look what he did in Massachusetts!

This is why he destroys the private sector by looting companies from the top and then once in office grows government.

Did you ever think you would see the day when the Republican Party would say their best bet is a Socialist!

The problem is that the Republican Party is no longer an opposition party to big government. This started with Bush 41 and has continues ever since.


58 posted on 01/11/2012 11:36:21 AM PST by Sprite518
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To: jimmygrace

Because absolute power corrupts absolutely...


59 posted on 01/11/2012 11:38:11 AM PST by Sprite518
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To: Daveinyork

Yes, there are conservative Republicans running this year. But as in anything else, if you’re looking for 100% purity, it isn’t there in any of the Republican candidates.

A couple months ago I started comparing political performance (what a candidate actually does) v. what a candidate says he/she stands for poltically, socially, and economically. I also considered the individual’s depth and breadth of experience both in government and civilian life.

The answer was Newton Leroy Gingrich. He is far from perfect but is about 95% conservative Republican with the personality of an agressive bulldog. He has openly conceded to errors in political judgement (that sitting on the sofa next to Pelosi is a major regret) but has also been alone in stating Washington, D.C. is broken and needs to radically change the way they do the nation’s business. He says he wants to change Washington, and I believe of all the candidates he has the leadership to do just that.

More importantly, he must have a conservative Republican Congress to work with for at least the first two, preferably four years.

Obama has done a great deal of damage that needs to be undone.


60 posted on 01/11/2012 11:39:22 AM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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