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Keyword: vulturecapitalist

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  • Romney benefited from a $10 million federal bailout (Nullifies Romney being a free enterpriser

    01/12/2012 3:08:20 PM PST · by Laissez-faire capitalist · 29 replies
    RedState ^ | 1/10/2012 | Juggernaut
    It wasn't really a TARP style bailout - worse - Romney's Bain placed a $10 million dollar liability with the taxpayers. All this while he benefited $4 million dollars directly... The facts of the Bain & Co. turnaround are a little more complicated, but a Bostin Globe report from 1994 confirms that Bain saw several million dollars in loans forgiven by the FDIC. Fact remains an FDIC bailout only occurs when the Fed and politicians agree, not to mention the bailoit comes from funds paid by every bank customer who eats highet costs as a result of funds going to...
  • So Did Romney Create 100,000 Jobs, Or Not? ("campaign has yet to provide convincing proof"

    01/10/2012 8:56:32 AM PST · by Laissez-faire capitalist · 39 replies
    Forbes ^ | 1/9/2012 | Susan Adams
    In the Republican presidential candidate debates this weekend, Mitt Romney repeated his claim that he is an effective leader who created a "net net" of 100,000 jobs while he was working in the private sector. But three recent reports, by the Los Angeles Times, the Associated Press and by Fact Check.org, the nonprofit nonpartisan project run by the Annenberg Public Policy Center at the University of Pennsylvania say that the Romney campaign has yet to offer convincing proof to back up the claim. ... It hardly seems plausible to suggest that he created the positions that make up the current...