Posted on 01/15/2012 5:31:02 AM PST by Alas Babylon!
The Talk Shows
January 15th, 2012
Guests to be interviewed today on major television talk shows:
FOX NEWS SUNDAY (Fox Network): GOP presidential candidate Rick Santorum.
MEET THE PRESS (NBC): OP presidential candidate Newt Gingrich; Senate Majority Leader Harry Reid, D-Nev.; Sen. Lindsey Graham, R-S.C., and Rep. Tim Scott, R-S.C.
FACE THE NATION (CBS): Santorum; Gingrich; Sen. Jim DeMint, R-S.C.
THIS WEEK (ABC): OP presidential candidate Rick Perry; TV host Stephen Colbert.
STATE OF THE UNION (CNN): GOP presidential candidate Rick Perry; TV host Stephen Colbert.
Good catch, looks like Col West is getting tired of the double standard.One of us another for the terrorists.
Not sure about Bain, but most of these corporate raiders were there to divest the retirement programs due to the 16-20% returns they were getting from the dot com bubbles. They also provided a service of getting rid of obsolete industries like Steel and old manufacturing jobs that were being attacked by the gummit and being shipped overseas to more business friendly environments.
Capitalism will go where there are profits to be made and Bain was doing exactly that. Those stories would have happened with or w/o Bain or any other company. In reality they were a natural result of gummit regulation.
Pray for America
I agree but would add. IF Bain did anything wrong or questionable, what they did was still legal. If Democrats were not passing laws, rules and regulations that are totally screwy and choosing winners and losers, perhaps these companies outcome would have been different.
If there’s any blame or fault it’s NOT because of capitalism but due to Democrats (and a few Republicans) who created a system the way it is.
This victim defense by Romney reminds me of the “Republicans running negative campaign” tripe of past elections.
If Romney’s only defense of Bain & Romneycare is “no fair” what in the hell is he going to do in the general?
Obama ain’t gonna play fair Mitt and if crying foul is your only defense, you’re screwed. MSM won’t rush to your side to say poor Mitt, low blow. Nope, they’re gonna pile on for Obama and you will be exposed for the pathetic whiner you are. But even worse, we get Obama for the last Presidential term ever.
Fresh salsa?
For this election cycle maybe...but there is still time.
What’s kind of crazy is that author’s book was predicting that the next great credit crisis will come from these private equity-owned firms (which 10% of the U.S. workforce works for). They supposedly got a reprieve because of the quantitative easing going on, but they could start defaulting on a mass scale at some point just like we’re seeing with the mortgage crisis. They are over-leveraged due to the private equity method of making them take out debt so the PE firm can extract dividends and fees. If the time comes that they cannot refinance their debt, they won’t survive. It would be seriously ironic if when that happened, we had as president the very man that pioneered the private equity model, “buyout baron” Mitt Romney. It would be like having Chris Dodd and Barney Frank as President and V.P. during the mortgage crisis.
It is similar to the mortgage crisis in another respect. The mortgage firms pushed loans on people who couldn’t afford them for 2 reasons, so they could extract fees for themselves, and because the government was implicitly backing those loans through Fannie and Freddie. The same kind of moral and economic hazard exists with the private equity firms. The PE firm is at little to no risk of losing money because the system pays for the bankrupty of their acquired firm and they don’t have to pay anything. Yet they are encouraged to put more and more firms into that position due to how easy it is to extract those fees for easy money. Supposedly their ability to do this has slowed down some due to credit tightening, but still 10% of the workforce is employed under this private equity model.
Excuse me for just a second but.......?
“I wish we had a Ryan/Rubio ticket.”
If we are not the Socialist State of America in 2016, perhaps we will.
“Bob plays the comments of Michelle complaining about being portrayed as an angry black woman. Jodi says she portrayed Michelle as a very strong woman.....why Michelle took offense is beyond her.”
ABob plays the comments of Michelle complaining about being portrayed as an angry black woman. Jodi says she portrayed Michelle as a very strong woman.....why Michelle took offense is beyond her.
Because Michelle is an ANGRY BLACK WOMAN... A VERY ANGRY BLACK WOMAN.
It all,Bain, looks like a scheme based on the tax code to me.I read your entire link and it was very revealing.Unless there is a huge counter to it I'm still with Newt.
Thanks again for some really good input I have not seen before.
It’s not like she herself didn’t say she’d never been proud of her country. Happy people aren’t normally ashamed of their country.
We shall see since Mitt has the same problem with a daddy being born in Mexico.
I would remind that a Raven will EAT a patriot and spit out the bones.
I’m jus’ sayin’.
You are wise beyond your youthful years.
This battle is part of a larger discussion of, in Henry Manne’s phrase, “the market for corporate control.
——I’m willing to hear the argument that the tax code allows or incentivizes strategies that are not aimed at the long term health of a company. This aligns with a conservative viewpoint that the tax code is too complex, destroys jobs and allows the government to screw up markets.
I was apoplectic however when Gingrich seemed to be taking up the Occupy Wall Street meme that capitalism is evil and Perry parroted it. If the tax law allows this behavior should we be demonizing those who use these tools?
Trying to communicate the evil of over-leveraging may be too complex for an election. Republicans need to be focusing on jobs when we all know that there are millions who have dropped out of the labor market. And we need to be focusing on downsizing government when we know that our government has become so large it is threatening.
Yeah but I still have to go to work every day.....
What have I been saying about him for years now on this forum? 80/20 all the time, at best.
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