Posted on 05/24/2012 9:12:44 AM PDT by Nachum
In other words, “Hey, let’s keep talking about Bain Capital!” Mitt Romney proudly rolled out Bain’s investment history, in which their businesses succeeded in boosting profit and viability in 80% of the cases — keeping in mind that private-equity firms and especially Bain tend to focus on already-troubled firms. Only 5% of their bets resulted in bankruptcy later, which is a rather remarkable record for a private-equity firm. In attacking that kind of success, Romney argued on Fox News this morning, Barack Obama has resorted to nothing less than an attack on capitalism itself:
(Excerpt) Read more at hotair.com ...
the question should be phrased, “why is obama attacking economic liberty?”, because that is what capitalism is; it is what happens when government does nothing to prevent it.
“Why is Obama attacking capitalism?”
Because he doesn’t like capitalism.
Brere Rabbit ping?
Simple. He is a Communist.
Like Marc Levin said, Obama has no problem bragging about GM turning a “profit”, cause that was something the taxpayer was involved in. But Bain can’t use it’s non-taxpayer funds to create profit. Govt. good. Individual bad.
The Boston Phoenix—ultra lib weekly newspaper—owned WFNX radio in Boston for 29 years. Now the paper which proudly covers Occupy, etc., is selling the station...for $14.5 million dollars. And whom did owner Stephen Mindich sell it to?
...Clear Channel...
Rumors of a new format include a simulcast of conservative talk WXKS AM 1200, on FM 101.7...yes folks you could soon
(pending FCC approval) tune in to the station that has played stuff like Green Day’s “American Idiot” and hear
Rush. And I don’t mean the Canadian rock band. (It’s not definite, but they don’t plan to keep playing alternative rock.)
On the Phoenix’s website Mindich is being lambasted for
the decision and of course there are comments like “Clear
Channel...Bain Capital...Mitt Romney” etc. (Same thing happened in ‘06 when Clear Channel, after trying for two
years to make Air America work on AM 1200 and 1430,
dumped it to make it Spanish radio—1200 went conservative talk in 2010—and the libs all said oh yeah, Clear Channel,
Bain Capital, Mitt Romney...)
It is to laugh!
The Democrats and their leader, Obama, have put Socialism in high gear with the flawed Keynesian economics as its economic engine. This is a recipe for major failure. The Democrats and Obama should know this. History has told them in big bold letters that they have orchestrated failure. Now they have a big responsibility for answering why they did it anyway.
About time Mitt started growing some nads.
The zebra never changes his stripes.
I would think someone would compare Bain’s investment record with Obama’s and the jobs created at Solyndra, et. al.
It is what communists do.
Well, at least they’re finally keeping their big foul mouths shut.
“Why is Obama attacking capitalism?”
People are not born hating capitalism. The are brainwashed by America’s public re-education system which is nothing but a giant Marxist moron mill.
Their bigoty against wealth and conservatives is as ignorant and vile as any other bigotry, but they are so stupid they think they are “enlightened”.
Romney should be asking the average American: "Why is Obama attacking your 401K?"
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.