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And So It Begins: CNN Reports On Romney’s Riches Resulting From Re-Org Layoffs

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Ever since a New York magazine cover story ran in late October, it was only a matter of time before cable news caught up with a potentially catastrophic angle to Mitt Romney‘s presidential campaign. The feature length article penned by Benjamin Wallace-Wells portrayed Romney not only as part of “the 1%” but pointed out how much of Romney’s wealth came as a result of Bain Capital’s company re-orgs that reportedly led to a great number of job losses. With the Iowa caucus just a week away, it was only a matter of time before this story got the cable news Klieg lights.

Reporting for CNN’s The Situation Room, Brian Todd highlights the core business strategy of Bain Capital, the private equity company that essentially purchases troubled companies at a relatively discounted price, then re-engineers the business model in hopes of taking the company public or re-selling at a much higher price than it was purchased. It’s a simple capitalist equation, though often times the re-engineering of said troubled businesses led to job losses. It makes sense that some jobs would be rendered redundant in an effort to increase efficiencies and profitability, and Bain Capital was very successful at this process. But as we so often see in political season, common sense matters less than the actual narrative put forth by a front-runner’s detractors.

Mitt Romney has positioned himself as a successful business expert, who understands the economic underpinnings that currently trouble the U.S. economy so well that he will be able to quickly and efficiently fix everything better than anyone else running. And he has the millions and millions of dollars accrued as a result of his business acumen to show for it. It will be challenging, however, for Romney to present himself as a “job creator” if his millions of dollars came because of laying people off — which just may be the political meme of the next few weeks as Romney tries to separate himself from the pack during the GOP presidential primaries.

Watch Todd’s report below, courtesy of CNN:

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  • Anonymous

    One can only wonder how the right can continue worshiping the 1% and corporate power while claiming to be looking out for the average American.

    Thirty years of raping the American Dream for personal profit is what brung us here, not government spending.

  • Anonymous

    Forensic Psychiatrist Explains the Madness of (Modern) Liberalism http://t.co/zoDKXZt

  • Pablo

    You don’t get rich from laying people off. You keep from losing your ass by laying people off.

  • Anonymous

    Mitt Romney is on a quest to liquidate America.

  • Anonymous

    Perhaps a lack of personal accountability and a lack of education, evidenced by using a word like “brung,” are what brought us here. 

  • Pablo

    The right?

    Obama offers nothing to states, cities devastated by GM plant closures

    Plant closings resulting from Monday’s forced bankruptcy of General
    Motors will cause spiraling unemployment and deep cuts in social
    services in many cities and states across the country. The Obama
    administration, whose Auto Task Force dictated the terms of the
    bankruptcy, has offered no serious aid to the affected workers and their
    communities.
    GM is carrying out at least 21,000 job cuts and the
    closure of 14 plants and warehouses in eight states. In addition, the
    company has announced its intention to dump franchise agreements with
    2,300 dealerships by the end of next year. Many of these will be forced
    to close, eliminating as many as 100,000 jobs in all 50 states.

  • Anonymous

    I wonder how many people Barack Obama fired when his Administration took over General Motors?

    As I recall, there were scores and scores of dealerships that were closed – I’m pretty sure those things have employees.  And, there were half a dozen US manufacturing plants that were shuttered.  Again, I think manufacturing plants have workers.

    Why does Barack Obama hate working people?

  • Pablo

    Yeah, he’s shipping it off to China, one plant at a time!

    No wait, that’s Jeff Immelt, the Chairman of Obama’s Council on Jobs and Competitiveness. My bad.

  • Anonymous

    The 1% have found their man:  Mitt Romney 2012.

  • Anonymous

    Of course liberals would have rather Bain hold onto those jobs just a little longer, ensuing the company’s collapse. Just like they’d rather see SS and Medicare collapse, rather than make the necessary reforms that would ensure it’s continued existence. That’s brilliant.

  • NDanielson

    I like Mitt’s strategy. If we laid off the EPA, the ED, most of government, and fire the public sector unions, America would turn a profit.This was a great country when capitalism ruled more than socialism. Turning a profit was actually a good thing, now it is demonized by the pathetic Barry 0bama and his adoring followers.

  • Anonymous

    Cue up the Mitt bashing from the liberal mainstream media 3, 2, 1… Leave it to liberal pukes to spin his past and demonize his ethics so that unions can continue to strangle our economy, Barry can continue to spend like a drunken sailor, Holder can keep trashin the constitution, oh hell, I could go on and on… just to keep 4 more years of Barry the unicorn.  America is too great a nation to leave it in the hands of a man-child who is in over his head. We deserve better.

  • Anonymous

    Mitt Romney’s company charged these companies fees on top of the gouged profits realized later.  Pension funds were decimated and pillaged all for the sake of making a small group of men in suits richer than they could ever imagine.  He is now spending his take on becoming President, because he believes he should be President.  He cares nothing for the voters, vote for him at your peril.

  • NDanielson

    I’ve concluded that they are straight-up sociopaths. Pathetic little crybabies of everything. Perfect:

    What the liberal mind is passionate about is a world filled with pity,
    sorrow, neediness, misfortune, poverty, suspicion, mistrust, anger,
    exploitation, discrimination, victimization, alienation and injustice.
    Those who occupy this world are “workers,” “minorities,” “the little
    guy,” “women,” and the “unemployed.” They are poor, weak, sick, wronged,
    cheated, oppressed, disenfranchised, exploited and victimized. They
    bear no responsibility for their problems. None of their agonies are
    attributable to faults or failings of their own: not to poor choices,
    bad habits, faulty judgment, wishful thinking, lack of ambition, low
    frustration tolerance, mental illness or defects in character. None of
    the victims’ plight is caused by failure to plan for the future or learn
    from experience. Instead, the “root causes” of all this pain lie in
    faulty social conditions: poverty, disease, war, ignorance,
    unemployment, racial prejudice, ethnic and gender discrimination, modern
    technology, capitalism, globalization and imperialism. In the radical
    liberal mind, this suffering is inflicted on the innocent by various
    predators and persecutors: “Big Business,” “Big Corporations,” “greedy
    capitalists,” U.S. Imperialists,” “the oppressors,” “the rich,” “the
    wealthy,” “the powerful” and “the selfish.”

    http://t.co/zoDKXZt

  • Anonymous

    Good one… kudos

  • Pablo

    How do they charge fees to companies they own? How do they gouge profits from failing businesses?

    Colby’s got it exactly right: “But as we so often see in political season, common sense matters less
    than the actual narrative put forth by a front-runner’s detractors.”

  • NDanielson

    You have a president demonizing PROFITS. How can a business hire if it cannot turn a profit?

  • Anonymous

    So your plan to create jobs and such is to actually increase unemployment by literally millions. And before you go on about the job creators and all that, keep in mind that government consists of people with jobs. I wonder how firing all of them helps anyone. Oh, wait. It doesn’t. We have been doing that for a couple of years now and thus far, private sector employment is lagging, to be nice about it.

    Taxes at the lowest for decades, government actually getting smaller over the last 2-3 years, policies designed to support big banks and business and yet no employment surge.

    By the way, if government turns a profit, then what? Cut taxes blindly like Bush did with the surplus he inherited? That worked well.

    Here is something to ponder – not everything can be solved with a glib one line solution like “smaller government.” The free market is choosing not to hire. And until they choose to hire, all of the noise from both parties is just that – noise.

  • Anonymous

    No spin. Mitt lied about his time at Bain. This is a simple equation. He lied plus he got caught equals embarrassment.

    By the way, in case you missed Article 1 of the US Constitution, Congress spends. Take it up with Boehner and Cantor.

  • NDanielson

    You have a president demonizing
    PROFITS
    . How can a business hire
    if it cannot turn a profit?

    We have a whole movement in this country called LIBERALISM that thinks profits are a bad thing now, thanks to their pathetic “leader”. A man with a proven track record of out-right animosity towards this country, yet they flock to him. What truer sociopaths exist anywhere than in a free society? They demonize everything that made it great. To fundamentally transform it, yet thier dear leader has not said into what? They still adore him. Unbelievable.

  • Gloves H. W. Donahue

    Politicians talk about stopping waste, fraud and abuse in government programs.

    Talk, talk, talk.
     
    Mitt Romney has proven he can do it in the real world.

  • Anonymous

    Bain is a holding company. They charge companies they own by moving money from one accounting column to another. It is done all the time. How do you think Cerberus gets the money out of Remington? Click – it is in the Remington account. Click again and it is in the Cerberus account. Money moved.

    The gouging of a failing business is easy. Take every dime over the cost of the product or service constantly, thus draining any possible profits as they happen. Corporate takeover firms do this all the time. they also charge fees for everything they provide Usually as an exclusive provider.

    I am surprised. You are usually more factual than this. Sometimes the negative story is true despite the desire to spin it away.

    Bottom line is that Mitt has misrepresented what Bain did when he was there and now he has to answer for it. And Colby is right, but remember that cuts 2 ways.

  • Anonymous

    You could go on and on… with irrational unsubstantiated bull dung. Just how to unions strangle our economy? Do you not understand that there is a gap between rich and poor that is now as wide as Mexico. Are you daft? Do you not understand reality. 400 people own 50% of the wealth in this country and UNIONS are the problem? Turn off Rush and stop watching FOX. They have turned you into an imbecile.

  • Anonymous

    interesting

  • Anonymous

    What, specifically, was the lie?

  • Anonymous

    You are just an idiot… You deserve to have your house taken from you when you are unable to pay your medical bills. You deserve to have some polluting company move into your neighborhood and start putting carcinogens in the air. Most importantly you deserve to have a “VultureCapital” firm like Bain buy the company you work for and fire your ass. Have a great day A*& hole.

  • Anonymous

    To bad it wasn’t your job that got liquidated.

  • Anonymous

    Once again a moronic statement by a clueless individual.

  • Pablo

    What did he lie about?

  • http://twitter.com/mattparkerfl Matt Parker

    Mitt Romney is lacking a basic understand­ing of what it means to be an American, to struggle in life and work hard to provide for your family. Romney is a man of the upper class, a super-rich monarch that truly believes he is the only soul that can ave America merely because of his own personal wealth, a wealth gained through firing hard-worki­ng Americans and bankruptin­g companies to appease Wall Street greedsters­. Willard Romney is totally foreign to the fabric of the American Dream, and he would be disastrous as the leader of this great nation.   www.sunstateactivist.org

  • Henry Wood

    Registered Republiklan Jeff Immelt.

  • http://pulse.yahoo.com/_J7A4WQXTWWIGLHCGKEK67CJWKA Janet

    What “brung:” us here is forty years of government schools not teaching the difference between the economic systems, and in turn raising ignoramuses like you who believe rich people owe us all something.

  • Pablo

    Where are you getting your numbers? Obviously, it isn’t from the U.S. Office of Personnel Management. Total # of federal employees declined in 2004, 2005, 2006 and 20078. There was a slight increase in 20078 and a big one in 2009, then another increase in 2010. http://www.opm.gov/feddata/HistoricalTables/TotalGovernmentSince1962.asp

  • Anonymous

    Job creation. Bain did no such thing. When confronted, he ducks and dodges on it.

  • Anonymous

    lol….jobs were saved when GM was bailed out- tat was the whole point…no GM, no GM employees. Not all jobs could be saved- dealerships that were not necessary were closed. 

    Why let facts get in the way of your story?/

  • http://pulse.yahoo.com/_J7A4WQXTWWIGLHCGKEK67CJWKA Janet

    How is is moronic, moron?

  • Henry Wood

    It’s kind of amazing how whorish people like ndanielson have become.  It’s almost as if he thought hedge fund bastards wouldn’t screw him over if he just acts like a happy little slave.

  • Pablo

    Failing business are those that aren’t making a profit. Profitable businesses are successful businesses. Moving money from one account you own to another account you own is not “charging fees”. Let’s try to keep to the accepted definitions of our terms.

    Where are your numbers to support your theory regarding Bain?

  • Anonymous

    STFU

  • Anonymous

    Dumbass!

    If you run a business or study accounting, you would know that salaries and wages are expenses deducted from your gross profit. Less expenses = more profit.

    If I fire 10 people earning $20k a year, it becomes a saving of $200,000. If I fire 50 people, it becomes a saving of a million dollars for that year.

  • Anonymous

    Any of you “conservative” scum bags going to acknowledge that it’s probably a rival “conservative” piece of crap that’s pushing all of this through the “liberal” media? I didn’t think so. No need to waste your time replying. I can watch it on FOX “news” in about an hour.Merry Christmas!!

  • Anonymous

    My job was eliminated in 2009. The company eliminated 30% of it’s workforce because it had to, in order to survive. They stupidly grew too fast during the tech boom. I didn’t sit around complaining about it. I found a job on the east coast, moved my family nearly 3,000 miles, to make about half of what I was making before. I know people that lost their jobs at the same time as me, who are still collecting unemployment. They themselves can’t make the tough decisions and do what needs to be done (get the hell out of California).

  • Anonymous

    If a company is going broke, the first thing to do is to find out why you are not selling your product/service well and fix it. The second is to reduce/finance your debt or gearing (or even borrow money to invest in a solution). The third, which is not necessary if others fail, sack some people and save money.

    People like you like to jump to the third stage; cutting cost by sacking people. The easy way  out.

  • NDanielson

    White working people.

  • Anonymous

    The Bain record should be simple enough.  How many companies were ‘rescued’ and reinvented, and how many jobs have they produced since then.

    Either way, both sides will have plenty of numbers to present their side.  The anti-Romney will focus on the layoff numbers, the Romney side will focus on what businesses were saved, and how many net jobs resulted from the reinvention.

    Looking forward to Romney ‘reinventing’ the federal government into a smaller and much more effective workforce.  The federal workforce is incredibly vast and redundant and desperately needs reinvention.

  • Anonymous

    Who hates profits? Even communist leaders enjoy profits from cheap  labour of a classless society.

    That is what is moronic- implying that the president of USA hates profits. 

    btw, you are a moron

  • Anonymous

    This is what it means to love the ‘free market’. Make money at any cost even if it means srewing people over. You can see why someone like Romney loves a system like this: he benefits enormously from it. The puzzling thing is why ordinary Joes and Janes who get shafted by the system bend even more so that they can get shafted harder. They don’t realise is but the dickheads who call themselves ‘conservatives’ are the ones who fight for the rights of oligarchs to f*ck them. 

  • Anonymous

    Who hates profits? Even communist leaders enjoy profits from cheap  labour of a classless society.

    That is what is moronic- implying that the president of USA hates profits. 

    btw, you are a moron

  • Anonymous

    The 2010 was census related. I stand corrected on 2009. That said, the constant cutting of spending obviously results in fewer jobs. Also, the reductions are in government at all levels. State and local are most affected by this. Note the pride some governors take in reeling off the list of government layoffs.

  • Anonymous

    Dumbass, Immelt is a republican.

    lmao. 

  • SNAPTIE: Libs R Just Ignorant

    Rush,Fox more Liberal bullchit. Get some new talking points. The day of freebie’s is ending, because the great society created by the giveaway libs is broke. No Bailout For You.

  • http://twitter.com/pornofan386 John Doe

    man Pablo.. youre dumb.

  • Anonymous

    I hate to break it to you, but Romney would be a vast improvement over the current occupier of the Oval Office.

  • Anonymous

    No. It is fine to make a profit, but then don’t bullshit us with how you do it to benefit others. Romney should say he had to lay off people to make profits and let the chips fall where they may.

    Profit is all good and dandy but it is not about doing good.

  • Anonymous

    Staples is still around, yet Barnes and Noble is closed.  Really is common sense.  You reinvent a company and most become stronger (and add jobs long-term).  You ignore reality and you become Sears and Barnes and noble, and companies eventually close and lose all jobs.

  • http://www.facebook.com/mark.schubert3 Mark Schubert

    I’m no Romney supporter, but this criticism of Bain Capital is ridiculous.  Small and medium sized businesses seek out companies like Bain to buy their business because the original owners want to cash out and perhaps take the company public.  Sometimes it works, but most times it doesn’t.  The original owners aren’t worried about their employees, so why would anyone expect Bain to be?  It is all about making money, which is as it should be.  It is never about keeping as many people employed as possible for the sake of being kind hearted.  

  • SNAPTIE: Libs R Just Ignorant

    Where do Libs get numbers? Simple And easy. Libs are just ignorant

  • Anonymous

    Why isn’t Mediaite reporting on the fact that Obama wants the debt ceiling hiked another 1.2 trillion?

  • http://twitter.com/pornofan386 John Doe

    good.. Im glad your struggling.  The fact that you support this douche Romney is laughable.

  • Anonymous

    Actually it is charging fees. It is called that in corporate terms. In corporate structure, they companies may have the same ownership, but the books are totally separate. For Company A to pay Company B, money has to move form one to the other regardless of ownership.

    I have worked for many companies that are structured this way.

    In fact, the entire private “free market” health insurance industry is structured that way. State Farm of Florida buys reinsuance from State Farm (the national company) and pays for it even though both have common ownership. Money is transferred from one State Farm owned account to another with the result being that State Farm of Florida on paper makes little or no profit while the national company retains the profits.

    For someone that makes a lot of accusations with zero support data, you sure do demand a lot of “evidence.” I suppose that is the tactic both the left and right use when they are out of actual facts.

    Sometimes it is exactly what it looks like.

  • The Real Royal Emperor

    Rather amazing, isn’t it? Buying companies to downsize or shutter resulting in thousands of lay-offs is perfectly moral, ethical and socially responsible to these people. I understand that this is the world in which Willard has been raised, and I understand that he is convinced he did nothing wrong, nothing for which he should be held responsible. If people can no longer support their families, if children go hungry, if our educational opportunities deteriorate. No problem. Willard got his pieces of silver. The Mormons and the Evangelicals have ripped the Great Commission and the remainder of the teachings of Christ from the New Testament. Yet, they, in their selfish stupor and in the insufferable sanctimony believe that they are  the purest of the lot. Surely, their wealth, however gained, is testimony to that fact.

  • Anonymous

    while true, the congress has a GAO report that outlines huge waste and they continue to ignore it.  Romney’s main job will be to use the ‘bully pulpit’ to get the public pressure and media spotlight to pressure congress to cut spending.  Obama should do this, but for some reason, continues to ignore it.   

  • http://twitter.com/pornofan386 John Doe

    LOL!! and when all that happens He’ll still probably blame the “libruls”. lol

  • Pablo

    Staples has no employees? Staples was a Bain start up.

  • http://twitter.com/pornofan386 John Doe

    nice comeback stupid.

  • Just Ed

    Its would seem that Romney’s business association with BWW will be good ammunition against hem for Democratic voters, not so much with Independents, and not at all with Rebublicans.

    This may sound crass, but Romney could change the spin on this story by saying he will apply those same skills to the large number of tax payer funded government sector jobs.  Reorganization of the government sector based on cost performance might be a good message with the Republicans and possibly Independents as well.  That is as long as he doesn’t get to…well…Ron Paul about it!

    btw, Since I am rather new here, let it be known that I am an Independent who thinks Romney is probably the most electable Republican running for POTUS.  However, that doesn’t mean I have decided to support him….not yet!

  • Pablo

    If you need those 10 people to produce products or services for sale, you also lose the revenue you earn from their labor. Duh.

    No one hires people to lose money except the government. Anytime anyone is hired, unless their job is regulatory compliance, they’re hired to produce more profit than the cost of their labor.

  • Anonymous

    Yes, yes… keep up with the logical responses to defend your position. It truly shows the demographic of the Republican Party as they truly are.

  • http://www.facebook.com/mark.schubert3 Mark Schubert

    Because it is a non-issue.   ”
    Congress can reject the increase, though Obama can then veto their objection. If Congress doesn’t act by Jan. 14, the increase will take place automatically.”

  • Anonymous

    And here you go, picking one of the successes. Nobody said they didn’t have some companies that ended up creating jobs, but they generally eliminated jobs at the companies they “helped.”

    It is the one sided nature of your comments that is difficult to contend with.

    How about Bank of New England or Value Partners?

  • Pablo

    You should explain that to Barack Obama.

  • Pablo

    I don’t care if he’s a f*cking Martian. Nor does Barack Obama. I do care that he’s shipping entire units of GE off to China while serving as the Chairman of Barack Obama’s Council on Jobs and Competitiveness.

  • Just Ed

    Really, that B&N we bought a Nook Tablet from two weeks ago and bought books from the day before Xmas must be a fake then.  Possibly you meant Borders…..

  • Pablo

    But they’re not at all levels. They’re not at the federal level. And were running out 4th consecutive trillion $ plus deficit.

  • Anonymous

    Too bad I’m not struggling. I’ve already had 3 promotions in a little over 2 years. That’s what happens when you don’t sit around on your ass, taking handouts and bitching about how unfair life is.

  • Anonymous

    I agree completely – forty years of “government schools” not teaching economics produced an ideology that advocates cutting taxes, regulations, and the social safety net after forty years of cutting taxes, regulations and the social safety net created economic devastation.  

    The rich owe everything to America. Too bad they forgot that “We The People” have the right to dictate under what circumstances we will allow them to exist. Let “government schools” start teaching that and we’ll all be better off. 

  • Anonymous

    You are truly delusional. Did you get dropped on your head as a baby? We have had such pathetic presidents you don’t know when a good one is standing in front of you? Let’s look at the last 50 years Democrats Kennedy, Johnson, Carter, Clinton Obama – all of these guys are head and shoulders over the nimrods the Republicans put into office. Republicans NIXON, Ford, Reagan Bush Bush – Ford was the best of the lot. Go back and reread your history. Everything that is wrong with this country stems from the republican party.

  • Pablo

    “Job creation. Bain did no such thing.”

    “And here you go, picking one of the successes.”

    So, you want to ignore the jobs that Bain has created and claim they created no jobs.

    Are you reading what you write, dude?

  • Anonymous

    Yeah – this was all worked out earlier – there’s no surprise.

  • NDanielson

    http://townhall.com/columnists/lylehrossiterjrmd/2006/12/04/the_liberal_mind_the_psychological_causes_of_political_madness/page/full/

    The Liberal Mind: The Psychological Causes of Political Madness

    Beautiful!

    The liberal cure for this endless malaise is a very large authoritarian
    government that regulates and manages society through a cradle to grave
    agenda of redistributive caretaking. It is a government everywhere doing
    everything for everyone. The liberal motto is “In Government We Trust.”
    To rescue the people from their troubled lives, the agenda recommends
    denial of personal responsibility, encourages self-pity and other-pity,
    fosters government dependency, promotes sexual indulgence, rationalizes
    violence, excuses financial obligation, justifies theft, ignores
    rudeness, prescribes complaining and blaming, denigrates marriage and
    the family, legalizes all abortion, defies religious and social
    tradition, declares inequality unjust, and rebels against the duties of
    citizenship. Through multiple entitlements to unearned goods, services
    and social status, the liberal politician promises to ensure everyone’s
    material welfare, provide for everyone’s healthcare, protect everyone’s
    self-esteem, correct everyone’s social and political disadvantage,
    educate every citizen, and eliminate all class distinctions. With
    liberal intellectuals sharing the glory, the liberal politician is the
    hero in this melodrama. He takes credit for providing his constituents
    with whatever they want or need even though he has not produced by his
    own effort any of the goods, services or status transferred to them but
    has instead taken them from others by force.

    Sociopathic sick f#cks.

  • Anonymous

    Oh please Colby lets see you write about pelosi and all her sympathy for the so called occupy movement nuts and she is spending her holiday nights in Hawaii at a resort at the meager price tag of 10,000 per night and not to mention all the goodies her and her husband profited for his company and this is what you write about. Romney is not even my choice but even I know a SS widow that companies do this, they have to profit sorry if people are laid off I mean look at Solyndra it’s not even all out but Obama had his hands in this one I just bet. Oh and we cannot forget the ex Gov of New jersey now that’s a story, he doesn’t know where the money went??? Start digging into that Colby but then it may involve to many democrats and this great president . This story is old and who cares

  • Anonymous

    Commie, commie, commie.  Socialism, Socialism, Socialism.  Kenya, Kenya, Kenya.  Birth certificate, birth certificate, birth certificate.  Blah, blah, blah.  Why don’t you bring it with something substantive instead of going “on and on” with more nonsense, name calling and opinion.

  • Pablo

    One division paying another for a service it provides is not just sucking profit out of one enterprise. When GE or Comcast buy ad time on NBC, they’re buying ad time, not just shuffling money around. But we were talking about Bain.

    For someone that makes a lot of accusations with zero support data, you sure do demand a lot of “evidence.”

    The accusation is yours, not mine. Where is your supporting evidence?

  • Anonymous

    Hahahaha – just what I suspected.  Ladies and gentlemen – the pride of the conservative movement…”Free_Man” Hahaha.  This election is in the bag if Free_Man is representative of your electorate.

  • Pablo

    Profitable businesses employ people. It isn’t what they exist to do, but it is an undeniable benefit to all involved. Unprofitable businesses fail.

  • Anonymous

    lol…..you have no point, no comeback.  Dumbass!

  • Anonymous

    Barnes and Noble may be closed where you are but their thriving here in Texas They closed a few the non profitable ones but that’s business

  • Anonymous

    Well it is better than the Bushs selling war supplies to the Nazis or the Kennedys rum running I suppose.  Its not dirty money just a bit tawdry.

    Truth is conservatives hate self-made men such as President Clinton or President Obama.  Kind of ironic really…

  • Henry Wood

    Why do you are about that?  I mean if he needs to ship American jobs to China in order to turn a profit, that’s okay with you, isn’t it?

    If he was running for president as a republilklan you would be here defending him.

    And you know it.

  • Anonymous

    And if we did it your way we’d be broke, the whole country would be like a Mexico, no middle class just the very poor and the very rich. You libs want money just handed to you the hell if it breaks a company and no jobs as long as you get a handout. Cannot believe what you said I say to you go live in Cuba try that for awhile and see how you like that what an idiot you are.

  • Pablo

    That’s the same thing that happens anytime a failing company is taken over, which is the point. Duh.

  • Anonymous

    Mitt Romney lies every day, there is nothing he won’t lie about including his business history.

  • Henry Wood

    There we go, it’s all about race. 

  • Anonymous

    Mitt Romney is the last candidate you want to vote for then, he is one of the workforce eliminators, he is one who would come in, lay off, strip pensions and then resell. 

  • Anonymous

    How did you arrive at that conclusion?

  • Anonymous

    lol……..synergy…….100 people can do a job very effectively, 90 can do it effectively, 80 people can barely do it, 70 can manage to do it with 5 part time workers and overtime. 

    No one hires people to lose money, why should we sack them to save money?

  • Pablo

    Right. It’s great when Obama did it, and evil when Romney did it. Because you’re principled.

  • Anonymous

    He lied about his knowledge of Damon Corporation defrauding the government when he was on the board of directors and silently slipped out…

  • Anonymous

    I think you’re right… Borders went out of business, B&N is still around.

    Is Walden Books still around?

  • WiddleBabyDanielson

    I hate to break it to you, but Romney would be no different then the current occupier of the Oval Office.

  • Anonymous

    Okay, so why is your right wing friend criticizing Obama over GM jobs?

  • Anonymous

    What is the evidence that Bain was/is “screwing people over?”

    Is the assumption that if someone is fired or let go, they’ve been “screwed?” Is it not possible that they were removed due to redundancy or poor performance?

  • Anonymous

    When rivers were polluted beyond recognition and six year old kids were smoking cigarettes while working machinery in factories.  Yeah, good times…lol.

  • NDanielson

    Really? Self made men? Clinton has been in public trough all his life. A public servant worth upwards of 100 million???

    Barry self made man??? Wow. So someone released his college admission papers to you? Who paid for baby Barry’s elite college brainwashing? Liberal Columbia??? LOL.

  • WiddleBabyDanielson

    To piss of right wingers like you to come here and raise page views.

    SHEEP.

  • Anonymous

    Nice race card, hypocrite!

    The funny thing is that you will go to another article and claim that libs like to accuse other people of racism all the time.

    Race has NOTHING to do with the issue at hand. Dumbass!

  • WiddleBabyDanielson

    Logic.

  • Pablo

    Yes! Those evil greedy bastards that hate regular people so much that they closed the entire company down, just so they could get rich!

  • Pablo

    I hate to admit it, but you’re probably right. OK, he wouldn’t be a total SCOAMF like the one we’ve got now, but there wouldn’t be a tremendous change in philosophy.

  • Pablo

    Borders bought them, so nope.

  • Anonymous

    Is being a lawyer or teacher and less of a career than being an investment banker or flipping companies? 

  • Anonymous

    You just bet?  LOL.

  • Anonymous

    Romney would plow this country into the ground and sell us directly to the Chinese instead of bit by bit.

  • http://games-survival.com Justplaythegame

    Come on…this is common knowledge.. Mitty made his fortune flipping American companies and American people like pancakes.. this guy has always been all heart.. his own..  Another corporate hound  bought and paid for.. and “real” people suppose to vote for this guy? wake up.

  • Anonymous

    Obama saved jobs- thousands of jobs at GM with the bailout.      

    He didnt save all the jobs but he saved most. Blame The GM directors for the loss of jobs.

    Why let facts get in the way of your story? Dumbass. lmao

  • http://games-survival.com Justplaythegame

    Self made men? Only one in this race like that would be a man that served his country as a doctor..later served the public as a doctor.. moved into politics and stood his ground on principles and has never swayed from them. 

    That would be Ron Paul. The Honest Candidate.. something we as American voters this last 30-40 years know little of.. Honest Politician for the people instead of big money.

    Ron Paul 2012 and Beyond

  • Anonymous

    Hahaha – reading Lyle Rossiter’s response to the scientific study (“Political Conservatism as Motivated Social Cognition”) that found conservatism was a mental disorder?  Why didn’t he just stick his tongue out at the scientific community – it would have been just as technical.

    LOL.

  • NDanielson

    Perhaps you missed Barry’s fabulous speech on earning too much?

    Obama: “I do think at a certain point you’ve made enough money”

    http://hotair.com/archives/2010/04/29/obama-i-do-think-at-a-certain-point-youve-made-enough-money/

    Wow, aren’t earnings profits, moron? Hey, stupid, your liberal sociopath of a president, thinks he knows how much is too much. Nice, huh? What is moronic, is your ignorance of your beloved socialist clown president, who demonizes achievers. And idiots like you who are too stupid to see, or too sociopathic to care? In either case, you support him. Which is it? Sociopath, moron, socialist or just plain ignorant?

    Barry wants a classless society, you support Barry, and you call others morons??? Wow. That is rich, moron.

    You’re not as rude as you are stupid, boy.

  • Anonymous

    Staples was a venture capital investment for Bain, they loaned the money to the founders, he likes to say he started it but although he provided the money and made big returns the company was founded by others.  Look up Thomas Stemburg

  • Pablo

    Maybe because the President has no business taking over car manufacturers and bailing unions out.

  • Anonymous

    Do some research, you can charge fees to your own company, and decimate the assets and then resell or declare bankruptcy when you have emptied it of jobs (laid off)  and assets (transferred to your coffers).  Common practice in this country. Their profits come from diverting assets be it pension funds or what previously went to pay salaries,  to their parent company, in Romney’s case, Bain Capital.  Take some accounting courses, and then you too will understand how the business world works.

  • Pablo

    Because you don’t need them! If you need them, you hire them. Duh.

  • Anonymous

    I have never heard Obama “demonize” profits, this is a stupid statement.

  • NDanielson

    What conservatives need to do, according to liberals, is run businesses into the ground instead of laying people off, and then ask for a government bailout, and a union to run it! After all, saving a job instead of a company is what government is there for, right liberal clowns? Government jobs and free cheese for all! Utopia, huh liberal clowns?

  • Pablo

    I don’t like it, but he has an obligation to run GE profitably. My problem is how can he be doing that while serving as the Chairman of Barack Obama’s Council on Jobs and Competitiveness?

    That’s like having Jon Corzine running the SEC. Or a tax cheat running the Treasury.

  • Anonymous

    You are obviously not very savvy, this is a simplistic view of the modern business profile.

  • http://pulse.yahoo.com/_6C65YWGCC7P5C6CGMMBK7VMFXE JenniferL

    Your “comment” clearly proves the very point of the post you are demonizing.

  • Anonymous

    That is so naive and wrong.

  • Anonymous

    Of course, bailouts send a wrong message to big companies that they can fail and be taken care of.

    However, we are talking about jobs. The bailout saved jobs.

  • NDanielson

    Yes, oh you liberals saved the world, huh? I forgot that conservatives want dirty air, water, and grandma to starve. What else do you have, idiot?

  • Anonymous

    Idiot, there are profit and super profits. 

    Super profits at the cost of people’s lives is what Obama was talking about. Dumbass

    btw…..why dont you post the full quote?

    “We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy”

    Btw……”rudeboy” doesnt mean “a boy that is rude”. Dumbass.

  • Anonymous

    Here’s a newsflash sport:  Private equity firms, like Bain, will on occasion take over failing companies – like the government did with GM.  To save the entire company, sometimes elements of the organization have to be sold off or shuttered – again, just like the government did with GM.

    The difference between what Bain does and what Obama does is simple:  Bain is the PRIVATE MARKET spending private dollars.  Obama, OTOH, used borrowed money from other people (namely China and our grandchildren) to save the jobs of his campaign contributors.  It was the clearest example of crony capitalism in the history of the country.

  • http://pulse.yahoo.com/_6C65YWGCC7P5C6CGMMBK7VMFXE JenniferL

    You have the patience of a saint, Pablo.  Thanks for your insights.

  • http://www.facebook.com/trickeynick78 Nick Harvey

    Hey Buddy here is your guy Mitt in 2002  sounding like the liberal at Columbia  who paid for Barry college lol “

    I think people recognize that I am not a partisan Republican. That I’m
    someone who is moderate, and that my views are progressive.”Mitt Romney …..

  • Pablo

    Well, yes. VC is what Bain does, and that’s why Stemberg went to Romney for the start-up funding. So, if Bain isn’t responsible for creating those jobs, they’re not responsible for the layoffs at other companies. It’s one or the other.

  • Anonymous

    Govt spending has risen from $2T a decade ago to $3.7T today. Education spending reaches new absolute and inflation adjusted highs every year and is the the highest in the world on a per-student basis. We spend $1.5T/year on Medicare, Medicaid and Social Security. We have record numbers of people on food stamps and Medicaid.

    Following the debt ceiling deal, govt spending will still grow 5% this year, about 300 bps more than inflation.

    Where is this austerity that you are decrying? Tell me ONE govt program where spend less than we did 5 years ago.

  • http://pulse.yahoo.com/_6C65YWGCC7P5C6CGMMBK7VMFXE JenniferL

    CNN makes no mention of the 4 million jobs destroyed by Obama.

  • http://www.facebook.com/trickeynick78 Nick Harvey

    Hey Buddy here is your guy Mitt in 2002  sounding like the liberal  that you hate in the White House !

    I think people recognize that I am not a partisan Republican. That I’m
    someone who is moderate, and that my views are progressive.”Mitt Romney ….. 

  • Anonymous

    Why not mention the other difference?

    OBAMA SAVED JOBS WITH HIS BAILOUT WHILE BAIN FOCUSES ON CAPITAL GAINS/PROFIT FROM BAILOUT.

    Yes, the bailouts were wrong, no doubt, no one is denying it. Obama was wrong. But why was Bush’s bailout not socialistic? hmmm

    Where were you when Bush did it? Obama wasx wrong but what about Bush

  • NDanielson

    Hey, johnny, your stereotyping ignorance is something you’re really proud of? The great thing about having lots of money and no income, is there is no way for your government to get at it. In a free society, I have managed to provide for my family, and its future so that I won’t lose my house.

    You fuc%ed up little sociopaths wish someone else to lose their homes because you didn’t make a life and security for yourselves? Nice.

  • Anonymous

    Hahaha – a “slight increase in 2008″?  What kind of picture are you trying to paint here Pablow?  In Clinton’s last year (2000) Federal personnel totaled 4,129,000.  In Bush’s last year (2008) they totaled 4,206,000 – a net increase during Bush’s tenure of 77,000 federal employees.  

    And a slight increase in employees in 2008? Hahaha!  Try an increase of 79,000 federal employees from 2007-2008…more than his total tenure in one year!  Sounds really “slight” ahaha.

    Why are you cherry picking stats and using misleading language?  And you didn’t even bother to tell anyone that the huge increases in 2009 and 2010 include tens of thousands of temporary workers employed to conduct the the decennial census (see footnote number four).

    Methinks you’re trying to mislead everyone here Pablows.

  • http://www.facebook.com/trickeynick78 Nick Harvey

     here is your guy Mitt in 2002  sounding like the liberal  that you hate in the White House !

    I think people recognize that I am not a partisan Republican. That I’m
    someone who is moderate, and that my views are progressive.”Mitt Romney 

  • http://www.facebook.com/trickeynick78 Nick Harvey

    Hey Buddy here is your guy Mitt in 2002  sounding like the liberal  that you hate in the White House !

    I think people recognize that I am not a partisan Republican. That I’m
    someone who is moderate, and that my views are progressive.”Mitt Romney 

  • http://www.facebook.com/trickeynick78 Nick Harvey

    Hey Buddy here is your guy Mitt in 2002  sounding like the liberal  that you hate in the White House !

    I think people recognize that I am not a partisan Republican. That I’m
    someone who is moderate, and that my views are progressive.”Mitt Romney 

  • Pablo

    What modern businesses operate on a different model? Go ahead. School me.

  • NDanielson

    Make your own way in life, sissy, and quit whining about how much more successful other people are in the world, and you might amount to something.

    People deserve to lose their homes because you cannot insure that you do not lose yours? Wow. Un f’ing believable. You people are true SOCIOPATHS.

  • Anonymous

    look at my previous comment, you are the kind of person that would choose the last option when worst comes to worst- 70 people with 5 part time workers 

  • Anonymous

    And you come to this conclusion based on…a lifetime spent running companies?

  • Anonymous

     Actually Pablo is kicking your ass pretty bad.

  • Anonymous

    Bain bought HCA in 2007 and took them public in 2011. In meantime EBITDA (operating profit + depreciation) grew from from $4.2B to $5.8B. They recaptured over 100% of their original investment thru dividends and are sitting on a paper gain worth billions. HCA achieved these gains by growing revenue not by slashing costs. They are smart guys.

    Meanwhile, Obama blundered into GM and rewrote both bankruptcy law (the union was given preference over bondholders) and tax law (GM was given a $15B tax break not usually offered to bankrupt companies as they were allowed to deduct their debt reductions). As a result, the taxpayers are sitting on an realized loss of around $30B, including the special tax break. GM’s signature green cars, the Volt and the Cruze are piling up on dealer lots and/or have huge quality issues.

    Bain/HCA followed all the rules and made billions. Obama, even while breaking all the rules, still managed to lose $30B. All Obama proved with GM is that, yes, you can save a company if you spend tens of billions.

  • NDanielson

    The real question is why having a socialist loving Marxist in the WH, and a president with such a hidden past, a wife and preacher that hate America, does not bother you, sweetpea? Is it sheer denial, or pure ignorance?

  • NDanielson

    Wow, is the fat little cherub getting a clue???

  • Anonymous

    In fact, Clinton appears to be the real Federal job-cutter:

    First Year, 1993: 4,758,000
    Last Year, 2000: 4,129,000
    Decrease in Fed jobs over Clinton’s term? 629,000

    Of course, he also had some census workers in 2000, so it was maybe even lower than that excluding those.

  • NDanielson

    They made no mention of Barry’s job losing blockade of a pipeline, or the coal industry being forced out of business.

  • Anonymous

     Actually it is liberalism raping the American Dream for political profit that “brung” us here.  Our budgets are now so far out of whack because of these “buy their votes” programs.  The New Deal and Great Society were some of the most unpatriotic efforts in American history.  They didn’t work and their costs far exceed what they were projected to be.

  • Anonymous

    But you loved it when Bush did it? 

  • Anonymous

    ?????????????????????????

    what do you think?

  • Anonymous

    lol……are you Pablo in sock disguise?

  • Anonymous

    Clearly, it’s source of never-ending consternation on the right that the New Deal and Great Society programs were the most patriotic thing Congress ever passed, with S.S. & Medicare being the most successful and cost effective programs in the history of the country.

    America was most successful when taxes and regulations were highest, and capitalism most efficient when strong government regulation kept those like the Koch Brothers from destroying our nation.

    The deluded social experiment also known as conservative Republican economic theory has repeatedly failed to serve either capitalism or democracy.
       

  • http://pulse.yahoo.com/_A7AQ7CMKRZCL3HZHRJJ5CIQ2W4 Marx

    As far as I am concerned, this is a HUGE asset in a POTUS runner. CUT the dead wood, and re-org useless corporations. Sounds EXACTLY like what we need in a President.

  • Anonymous

    Dude, I can buy and sell idiots like yourself all day long. I am a job creator and part of the 1% so go do something anatomically impossible to yourself. You pathetic piece of trailer park trash. You are another one of those Wal-Mart Republicans who don’t have a pot to piss in but think you are going to be the next Donald Trump… lol! It ain’t gonna happen.

  • NDanielson

    Why? Because here is the MONEY LINE.

    I do think at a certain point you’ve made enough money.

    Wow, then he goes on to say that you can just go on making it if

    Wow, and he elaborates that you have a core responsibility to help “our” economy. Wow, huh, comrade? How big of Barry. He will allow profits if he deems them a good product or service… to him? His followers? His sheep? His WIFE? Unbelievable.

  • Anonymous

    Hey moron, without PROFIT the are no JOBS.  More profit = more jobs.   Jesus, liberals are stupid.

    With respect to Bush’s TARP “bailout” of the banks – I wasn’t a fan.  I thought there were better ways of recapitalizing banks that were on the verge of collapse.  But, let’s be clear about one thing:  It wasn’t a “Wall St. Bailout”.  It was a main street bailout.  Had those six or seven banks failed, then the entire banking system would have collapsed.  As a result,  business would have gone under by the tens-of-thousands because without access to functioning equity markets, most businesses – large and small – don’t have the working capital to function day to day.

    Oh, the other big difference between what Bush did and what Obama did:  The money that went out the door to “Wall St. Banks” under Bush’s watch has all been PAID BACK – at a bit  of a modest profit at that.

    Obama’s bailout of GM has cost US taxpayers close to $100B – not to mention all the secured creditors of GM as well.

    You should really try to educate yourself about things that are plainly over your head.

  • http://www.facebook.com/people/Wade-Smith/1379415856 Wade Smith

    Yes, much better not to intervene in the company as it goes down the tubes and EVERYBODY is fired!

  • Anonymous

    Or it’s like having Romney create jobs…lol.

  • http://pulse.yahoo.com/_QSKMPRZSWAHFSA2HMYAWRPJUKU Gary

    I suggest you check out any piece on this website and scroll down to the comments section where you’ll find just as many, if not more, illiterate rantings from the conservative gang.  As a matter of fact, go to any news/opinion site.  Too many half wits have way too much time on their hands or we’re just doomed as a country.

  • Anonymous

    Obama saved over a million jobs by figuring a way for GM to stay afloat…

  • Anonymous

    In their mad refusal to accept intelligence and character as valuable, the right turns to these sad cases of greed, arrogance and blind ambition to lead them down the road to where??  These loonies don’t have any reason to care about the so called 99% and they will bring these brainwashed fools right down with them.

  • Anonymous

    Awww, is it past NDanielson’s nap time?  What’s a matter sweetie – run out of crayons?  LOL.  Mean guy on mediaite makes you feel stupid doesn’t he?   Use your big-boy words NDanielson, you can do it.

  • Anonymous

    I agree, screw those whiners who aren’t so educated, savy, and willing to redo their lives. Mr Romney loves guys like you.

  • Anonymous

    It’s sanity NDanielson.  Something you’ll enjoy once you start taking your meds again.  Save some foil for the rest of the kooks sweet-cheeks.

  • Anonymous

    Sign #1 of conservatism: Fear and aggression

  • Anonymous

    Do you take stupid pills every morning or just on the days you  post here?

  • Anonymous

    Resistance to change and a tolerance for inequality – CHECK!

  • NDanielson

    What, calling your boy racist, is racist now? Who knew? LOL. Hey if I take a guess that you are a white sociopath, is that racist now, too? LOL. Clown.

  • Anonymous

    Isnt it amazing how these tender hearted, “were the ones with compassion, we only want to make life easier, their only here for a better life” LIBTARDS can spew so much hate. Just by the names they use you can tell how they really are. They only use the terms to describe themselves to make it easier for them to do it without getting called out. We can give them facts about the things they whine about to turn it around and PROVE what kind of a person obummer and his lib clowns are but they are too entrenched in their lib spew to understand it.

  • NDanielson

    I thought so too, when the little moron wished that I should lose my house. I guess we agree on something, Huh?

    Hey, you have heard that conservatives want dirty air, water and for grandma to starve, right, moron?

  • Anonymous

    “Hey moron, without PROFIT the are no JOBS.  More profit = more jobs.   Jesus, liberals are stupid”
    This is where socialism excels. Government agencies that run at a loss can still keep employees. Police dept   doesnt make profit.

    However, Bush bailouts were still wrong. Nice spin, a govt bailout is a govt baillout.

  • Anonymous

    you know what this country needs…a union truckdriver as president…thats what will make us prosper…

  • Hout Bosques

    You are 100% wrong.

    The scheme is brutally simple: you start laying people off to get the unionized workers so panicked they agree to let you take critical control of the employee pension funds for the so-called re-organization. Then you use the pension funds to complete the re-organization, and FIRE the remaining employees who allowed you access to their pension fund, charge fees against the pension fund, and leave. 

  • NDanielson

    Barry’s a racist, like his AG. What can I say, Henry? Don’t you clowns call everyone racist for no reason? Hey, Henry, you do know that Barry sat in a racist church for 20 years, right? Are you gonna deny that? I didn’t sit in any racist church…EVER.

  • Anonymous

    “Fear, aggression, threat, and pessimism, we propose, may be
    reciprocally related to the endorsement of inequality. Insofar as
    inequality seems intrinsically linked to the struggle for dominance
    (Sidanius & Pratto, 1999), its engagement may exact a price in the
    form of fear, anxiety, and suspiciousness. Fear, in turn, may be
    (temporarily) allayed by admitting the reality of threat and preparing
    to address it by single-mindedly confronting one’s foes (real or
    imaginary) and hence embracing inequality as a social necessity.”

    “In summary, then, we argue that fear and uncertainty are centrally
    linked to the core convictions of political conservatives to
    resist change and justify inequality, especially to the extent that the
    status quo breeds inequality. Whereas a plethora of motives (discussed
    earlier) might prompt individuals to embrace a specific form of conservative ideology, the core aspects of conservatism
    seem especially appealing to people who are situationally or dispositionally
    prone to experience fear or to find uncertainty aversive.”

    “Thus, a motivated social–cognitive perspective allows for the
    theoretical integration of a large number of variables that are
    relevant to overcoming fear and uncertainty in an effort to provide
    a coherent, though incomplete, psychological portrait of political
    conservatives.”

    -Political Conservatism as Motivated Social Cognition, Psychological Bulletin, 2003, Vol. 129, No. 3, 339–375, Tost, Glaser, Kruglanski, Sulloway

    That’s perfect genius.

  • Bobby Levit

    Can somebody please put Obama’s dirty underwear in rudeboy11 mouth…or in his dumbass!!!

  • Anonymous

    Dogmatism and intolerance of ambiguity – CHECK!

  • Anonymous

    Err, I am black.

    This is about money and jobs……no need to play the race card here. You fail

  • Anonymous

    Uh..  The colloquial phrase “what brung” is used frequently by the intelligent to make a point.  I believe it goes back to “You dance with the one what brung ya.”  So…nice try, but wrong.  As is standard for right-wingers.

  • Steve P.

    That’s weird, I still haven’t seen CNN run any stories on the Tony Resko connection on the Illegal land deals that Obama was in on..Weird huh?

  • Anonymous

    Yes NDanielson, keep working to preserve the dominance of high-status groups such as men (rather than women), Whites (rather than Blacks and other ethnic minorities), and upper-class elites (rather than the middle and lower class).

  • Anonymous

    Only when it comes to guys with White caps on like you fruitcake.  Go burn crosses elsewhere NDanielson.

  • Anonymous

    Talk about Romney’s money-making formula, and it’s “hate.”  Hey, the guy knew how to make a fortune for himself … but spinning the story to suggest that he put people to work is b.s.  Your heroes don’t actually have any experience in creating jobs; they have excellent experience in creating wealth. Unless you’re already in the top tier — and your 12-year-old rant proves otherwise — you’re going to be sitting in the cheap seats with the vast majority of Americans. Except, in your case, you’ll keep pretending otherwise.

    Your going to be in for a big surprise when you get all growed up.

  • Anonymous

    Are you advocating a socialist redistribution of funds from other areas to these states and cities?

  • Anonymous

    If you were an entrepreneur and needed capitol to get your idea off the ground, you would seek a firm like Bain.  If you were a failing enterprise and needed a turn around strategy you would go to a venture capitol firm.

    Anyone who says something as stupid as Bain and Romney are job killers, have no f’ing clue about capitol formation, creative destruction and the Free Markets. 

  • Anonymous

    Sock puppet alert…

  • Anonymous

    Yeah, you tell ‘em.  Those Wall Street guys would never ask for a bailout. And America’s capital business leaders — auto manufacturing, big steel, housing — would never run their businesses into the ground.

    American manufacturing and banking isn’t going to be rebuilt on the shoulders of hedge fund managers. Get over it.

    WINGNUT ALERT:  It’s lunchtime, and the connedservatives are out for their daily blog.

  • Anonymous

    Romney does have his JD after all.  That’s what having rich parents helps you do – get a JD and a Master.

  • Anonymous

    Anybody who can’t even spell “capital” REALLY has “no f*ing clue” about … well, anything.  Let alone capitalism.

    Go back to your X-Box.

  • Anonymous

    Bush was white and Obama was only half-white? One was young and the other old? Or one was Republican and the other Democratic, right vs left, neo-con vs liberal? Hmmm, hard decision…..

  • CarmanK

    Good, the man made his wealth over dismantling american companies and putting people out of work. He deprived, hundreds even thousands of their livelidhoods and now he wants those same people to believe him when he says he can CREATE JOBS and understands their pain. Romney has clearly shown where his loyalties lie and it is not with the plight of the american people or respect for the goals of EQUALITY and JUSTICE FOR ALL. He cannot lead in an environment he does not understand.

  • Anonymous

    Reporters (I cannot name names) had reported on this long before Romney entered the race. What I am wondering is why it has taken others so long to realize how he really made his money. The man is not a nice person and not what his minions are spinning to us.

  • http://www.facebook.com/jas7751 Jay Aubrey

    cncsawman,

    Looking for someone or something to blame for your own failures and inadequacies, eh?

  • Anonymous

    HA,HA,HA,HA…THE DUMB SHALL INHERIT THE EARTH…my apologies to the Bible

  • Anonymous

    How the hell do you think the average American got his or her job…not from some poor slob …

  • Anonymous

    I tried to make the points as clearly as you but I failed…thanks for saying what I could not put,clearly,into words.

  • Anonymous

    “Buying companies to downsize” ? – Bain Capital bought companies that were going belly-up, so laying people off was the alternative to shuttering the entire company. Some would call that a strategic savvy business move. I am sure those whose jobs were saved by the acquisition of their troubled employers, were thankful someone stepped in and turned the company around and later sold it for a profit.
    Does your “theology” of greed extend to the sanctimonious Democrats in their misguided attempt to give everyone the “right” to homeownership under the guise of social responsibility of Freddie and Fannie?  I must have missed the “Entitlement” chapter in the New Testament. 

  • Anonymous

    You lying cheat NDanielson…do you work for Breitbart?  Want to cut and paste together something really good?  Why didn’t you post the whole quote:

    “We’re not trying to push financial reform because we begrudge success that’s fairly earned. I do think at a certain point you’ve made enough money, but you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or you’re providing a good service.”

    Wow – not quite as you portray it you scumbag.  Why are you being such a weasel?  Did you really need to cherry pick like that to make your point?  I guess so, since it was such a weak point – you could use an out-of-context Obama quote.

    Typical conservative weasel tactics.

  • Anonymous

    And the truth shall set you free, emm effer.

    My apologies to the baby Jesus.

  • Pablo

    Have you seen me advocating a socialist redistribution of funds? No.

    What I am doing there is quoting Socialists.

  • Anonymous

    Also applicable to the use of “ain’t” by some people who are using the word NOT because they are syntactically challenged, but as part of a common phrase.  For example “politics ain’t beanbag”. 

  • Pablo

    Tell us what companies Bain bought that followed this model. Keep in mind that only 7% or so of private sector workers are unionized.

    So, let’s have it. Prove your point.

  • Anonymous

    OMG a typo.  I don’t have an X-Box you douche bag.  Why don’t you go back to playing with yourself.

  • Anonymous

    Of course it is possible but the point is that you are in it to make money and if you can do it by harming others, you would do it. This is an old story. That is what they do at Goldman Sachs, etc. Sort of their raison detre.

  • Anonymous

    mitt has destroyed a lot of american dreams to make himself richer..
    i guess that is his vision of the american dream…

    thank god he is not christian….

  • Anonymous

    Obama has caused thousands and thousands of job loses with his government intrusion and regulations than Romney ever could in the private sector.

  • Anonymous

    actually there is a small town in indiana that mitt killed 100′s of jobs …Obama saved GM and created jobs-GM just ivested millions more due to Obamas leadership..

    the factory that mitt stripped down is still a plight on the community..i think 2 men just died putting out a fire there a year or so ago..

    mitt love health care madates and love killing jobs to make the rich richer..
    cannot wait for cons to have to swallow that load~

  • Anonymous

    You misunderstand. What makes a country rich has very little to do with what rich people do. Look at the history of rich countries. You will find they all have massive governments and subsidies. They have to because rich coutries produce rich people, rich people don’t create rich countries. Your fantasy that rich guys are there to help you is quiant and touching but it a fantasy nevertheless.

    It is amusing that people who think their prosperity depends on Goldman Sachs and people like Romney call others ‘idiot’. :))

  • Anonymous

    Just today there was an article about Hewlett Packard’s CEO being fired arfter 11 months and taking a $25 million severance pacakage with him, this is the way these companies are run, failing CEOs take huge cash bonuses even if they have not benefited the company in any way. This is a new phenonomon, and is one reason our country is going in the wrong direction.  Mitt Romney’s company was one of the original perpetrators of this kind of capital destroying method.

  • Anonymous

    You’ve done well “wing”hunter, you’ve found a true “wing-nut” in Dr. Lyle Rossiter Jr.
    I’ve never read a more contrived piece of sh*t theory in my life.  Good work!  Oh wait, there’s the Dr. Rossiter clock…Coo Koo…..Coo Koo…..Coo Koo.

  • Anonymous

    Porque?  I guess I’m confused as to your motivation.  What’s the point, essentially, for posting that?  What are you trying to say it means in the context of cncsawman’s post?

  • Anonymous

    Sounds scientific…lol.

  • Чёрт Возьми

    Do you mean Obama specifically, or liberals in general?
    Or, do you mean the entire US Government, since regulations are the result of laws creating regulatory organizations. Complaints about too many regulations have been around for many decades, so don’t blame them all on Obama.
    I won’t even bother arguing that there are not too many regulations, or that maybe we could get along with a FEW less regulations. What really matters is that only the truly naive think that Obama is the cause of all the problems.

  • Чёрт Возьми

    How interesting!

  • Чёрт Возьми

    So you tell us all about it.

  • Чёрт Возьми

    You sound like a left wing lunatic. that is usually what I am called, but you have far outdone me.

  • Чёрт Возьми

    Romney is a good capitalist. Good capitalism does not create jobs. It does not destroy jobs. People with good ideas create jobs. Sometimes, the best idea is to cut jobs and to refuse to cut jobs can cause the business to fail, which means everybody loses their job.
    In summary, ideologies (capitalism, socialism, fascism, whatever) do not create jobs. PEOPLE create jobs.
    Venture capitalists, investors, bankers, lawyers, create their own jobs. Politicians do not create jobs. People with ideas and the ability to make them work create jobs.

  • Just Ed

    Haven’t heard of Walden in ages.  The reason Borders bellied up is that they failed to make the transition to electronic publishing.  Barnes and Noble did a pretty good job of incorporating e-books into their business model, but make no mistake any B&M is hard pressed these days.  Wonder if B&N will do what “Egghead Software” did in the late 90′s and become a internet only vendor (now known as NewEgg).

  • http://www.facebook.com/matttwain Matt Twain

    Romney didn’t start out as a politician.  And he touts his business expertise in pushing for his run for the Presidency.  The bottom line is that while Romney makes promises that his presidency will give jobs to everybody while Obama will not, he was personally involved in breaking up companies and laying off thousands so he can make a profit before he ran for office.  You really need to read up on American politics and history before making such an ignorant statement.

  • http://www.facebook.com/matttwain Matt Twain

    How?

  • http://www.facebook.com/matttwain Matt Twain

    This info is nothing new.  What’s truly sad is that so many Americans cannot do the research on their own, and instead rely on the MSM to fill their heads with whatever the hell they want you to believe in.

    Ah, the ever growing stupidity of America…

  • NDanielson

    LOL. In true sociopathic form. She believes anyone can be bought and sold. LOL. Best post of the day! You’re the 1% all right. The 1% that thinks that sh!tting on a police car is a form of protest because you can’t make your way in life. LOL. Hey, little baby D has stolen your icon. LOL.

  • Чёрт Возьми

    There is nothing ignorant about my statement.
    It rambles a bit, but the point is that Romney is a good capitalist, which we all want. By the way, Obama is a good capitalist, too, despite what the far right wing nuts say.
    I did not come to the point, which is that Romney cannot claim to know how to create jobs. He can only claim to know how business works, and good business often menas cutting back on the number of employees.
    Pure capitalism is like evolution. It is not concerned with the survival of the individual. It is concerned with efficiency and only the fittest survive.
    If you demand job creation, you cannot count on a Romney to do it for you.

  • NDanielson

    Gosh, who knew? A bloated government that suppresses people with punishing taxes and distribution of their labor and profits does not create jobs. It kills jobs.

  • NDanielson

    Actually the only the truly naive believe that 0bama is the answer to all their problems. That is your truly modern liberal.

  • Чёрт Возьми

    Wrong again, wing nut. There are lots of Democrats who have good ideas, too. As you should know, Obama is not beloved by all lib’rals. He is not LEFT enough for many.

  • NDanielson

    auto manufacturing, big steel, housing — would never run their businesses into the ground.

    Awww, sweetpea, but your beloved unions would. Clown.

  • NDanielson

    Aww, you fat little cherub, logic??? To you it is just a word to be avoided like the word “diet”, I’m sure.

    The degree of modern liberalism’s irrationality far exceeds any
    misunderstanding that can be attributed to faulty fact gathering or
    logical error.
    Indeed, under careful scrutiny, liberalism’s distortions
    of the normal ability to reason can only be understood as the product of
    psychopathology. So extravagant are the patterns of thinking, emoting,
    behaving and relating that characterize the liberal mind that its
    relentless protests and demands become understandable only as disorders
    of the psyche. The modern liberal mind, its distorted perceptions and
    its destructive agenda are the product of disturbed personalities.

    http://townhall.com/columnists/lylehrossiterjrmd/2006/12/04/the_liberal_mind_the_psychological_causes_of_political_madness/page/full/

  • Anonymous

    She doesn’t have a clue. Formula: Just vomit or pull crap out of your ass.

  • Michael Trout

    when you can’t argue the facts or the conclusions, you’re left with nit-picking about slang and grammar; right GK?
    Of course cncsawman is correct and GK knows it!

  • NDanielson

    Gosh, how uniformed you are! If any democrat had a good idea in his or her liberal little head, he or she would not be a democrat, or liberal, leftnut! And what is a lib’ral??? Oh, that’s right cutesy names are a liberal thing too, huh kinda like Чёрт Возьми?

    Wow, Barry is not liberal enough? LOL. Tell us more! Tell us how he could be more liberal. Or is it more lib’ral that he needs to be? клоун.

  • Anonymous

    Can these nuts be anymore pathetic. One can only hope he doesn’t turn out to be dangerous to the public.

  • Anonymous

    I know scum like you can be bought and sold.

  • Michael Trout

    yes, it’s a common delusion among the ignorant. 

  • Anonymous

    I have a question OOPCH, when you’re ‘effin’ crazy, do you know it? I mean do you wake up in the morning and say to yourself, Damn, I’m a lunatic of the 41st magnitude?

  • NDanielson

    You’re black??? LOL. Hey how’s Barry’s economy workin’ out for ya? I hear that black unemployment is waaaaaaay up under Barry. I think he’s trying to even it out by putting more white people out of work. That should make you feel better, right?

    Hey, my wife is black. Is yours?

  • NDanielson

    That’s because all you know is scum, sister. LOL. Wow. That is also why everything you “know” just ain’t so, sweetie. Just because it is in your pathetic little mind, does not make it so. Did mama not teach you anything?

    And by the way, if republicans were morons you would a republican, and, well, that just proves another of your fallacies wrong. Moron.

  • Anonymous

    Actually Dress, ND suffers from the same malady as most teabaggers. What they think is cute, provocative and witty, in reality is juvenile, mundane and corny. By law and DNA, conservatives completely lack any sibilance of humor and most of the humanities. These cretinous troglodytes are to be pitied, after they are studied. After all, even the most putrid of cadavers can still serve some useful purpose if only to feed the worms.

  • Anonymous

    But it is consistent with the hateful and hypocritical nature of their personality. To expect otherwise would be akin to asking a cockroach to show good table manners*

    *(yes I’m trying to bait them out).

  • Anonymous

    Yes, yes son, but if you’ll excuse me I have to take the Battle Cruiser to the ship washing facilities. Those interstellar dope runs can really dust up a ship. Me and Klacktu will stop by a pick up,as soon as RU Paul wins the white house. Peace!

  • Чёрт Возьми

    Universal health insurance with a public option, eliminating for-profit health insurance entirely would be a start.
    Pulling all troops out of all foreign bases as well as from the Middle East would be more left-wing.
    Don’t you think Pelosi and Reid and Franks are more left wing than Obama? If you don’t you really are blind.
    By the way, I challenge you to find the definition of Чёрт Возьми.
    Clown was easy.
    дурак

  • NDanielson

    and I will vote for Obama again.

    As if you could help yourself? LOL. Gosh.

  • NDanielson

    Damnit, clown, I started my posts here today stating that liberals and Barry 0bama demonize profits. Wow. Then you write:

    Universal health insurance with a public option, eliminating for-profit health insurance entirely would be a start.

    Proving he is the Marxist clown that I said he was, as well as the sociopath. And his sociopathic sheep cannot even see it! LOL. Foolish sheep.

    Дурак я вижу вас. Клоун.

  • Чёрт Возьми

    И я вас вижу. Что Чёрт Возьми значит?

  • Чёрт Возьми

    Well, I certainly won’t vote for those right wing idiots. Last time I voted Republican was for Bush the First. Both times he ran.

  • BooBoo Bear

    We already have that..Most of the “Blue” states pay more in taxes than the “Red” states do. The “Liberals” are the ones that support the “Conservative/Tea Baggers” red states.

    Wish the “Red” states would support themselves.Instead of being the leeches they are.

  • NDanielson

    Hey, Barry is working real hard to shut down for-profit schools, did you know that? Ummmm, perhaps you didn’t know that liberals have done all that they can to demonize the insurance industry? Restricting them to the point of collapse, and forcing them to provide universal coverage for things you don’t even want. Forbidding them from competition in many states. Did you miss that too? And finally did you miss that big ‘ol healthcare bill that was rammed down the American people’s throat??? Which led to the rise of the Tea Party???

    Слепая верность партии, да товарищ?

  • NDanielson

    And I voted for Gore. Bush 43 just once.

  • Чёрт Возьми

    There are four problems with Dr. Rossiter’s arguments against modern
    liberalism. First, Rossiter never properly defines what exactly a modern
    liberal is. Second, Rossiter occasionally uses crude and unprofessional
    language which has the effect of undermining the academic underpinnings
    of his argument. Third, Rossiter makes statements that he has not taken
    care to verify. Fourth, his prescription to “eradicate” modern
    liberalism is impractical at best and at worst an invitation down the
    path of totalitarianism.

    The above quote is taken from a critique of Lyle H. Rossiter; Jr.; M.D., the guy you quote. The man who wrote the above, Aaron Goldstein, is also a conservative. The critique goes on to say that there are liberals who are just as bad.
    As I always said, anyone can find literally hundreds of nut-cases who will “prove” that they are sane while everyone else is crazy.

  • BooBoo Bear

    This is actually a reply to USS Republitarian.
    The tax cuts Bush put forth for the Rich…The jobs that were created comes out to be like this.

    Each job created by Bush’s Tax Cut cost the American Taxpayer $329,000 each. The “Profits” in regards to the corporations you must think about are the “Job’s that were created overseas” company’s.

  • Чёрт Возьми

    Если вы являетесь республиканской, да.

  • http://www.facebook.com/matttwain Matt Twain

    Thanks for the clarification.  Yes, you rambled, but at least you clarified what you were trying to say, and I appreciate that.  But still keep in mind that this is a political season, and Romney is renowned for saying whatever it will take to get the nomination, now matter how many positions he’s changed over the years.  And when he makes the most specious claim that he’ll get a job for everybody when elected when Obama will not is nothing more than pandering to the least common denominator in this country.  And that’s truly sad…

  • Anonymous

    lol……..so, because I told you that I’m black, you turn into a racist troll?

    1) I am not American
    2) I dont have a job- I run a family business
    3) I am British and Nigerian
    4) Yes, black unemployment is pitiful in America but how many solutions do you have to solve the problem? none! 
    5) I employ more blacks than you have met.

  • Hout Bosques

    A partial list was gathered up by the Boston Globe in the context of covering the 2002 Massachusetts gubernatorial election:

     http://www.boston.com/news/politics/2008/specials/romney/part3/

    The picture that emerges is along the lines of what I’ve discussed here before. When Romney was asked by Bill Bain, the chair of Bain CC, to take over a new sub that aimed at mergers & acquisitions, then a fairly new concept, Romney was concerned he’d be blamed for failure, so he & Bain negotiated a deal whereby regardless the success or failure of the concept, Romney could return to the main company at full partner status & without any deduction for the time spent in the subsidiary.  Romney’s related concern, again as reported by the Globe, from interviews with others directly involved with the M&A sub, is that at the same time Bain CC was setting up a separate “New Ventures” sub with the same kind of firewall. 

    Each of the M&A sub & NV sub was structured from the outset along the lines of what we would call today a hedge fund. The idea is that over the first period of 6 months to a year, Romney & his sub’s researchers would scout the country for M&A opportunities, in order to set a record of success to the original investors in the fund (at a total of about $300m, matched by an additional commitment in that amount by Bain CC. Having used up that year’s grace, Romney had a list of likely acquisitions, but he was concerned with the optics of the plan that he would be putting into effect on his future reputation – he was, after all, the son of a former GOP governor, presidential candidate & federal cabinet officer (for Pete’s sake), and constantly conscious of that. Out of that concern, in laying out for Bain the general strategy that it’s M&A sub proposed to follow, Romney insisted on his sub having it’s own ‘firewall’ for when it approached third party company’s to take over their management & restructuring (a variation far more along the lines of a resolutions model than a mergers model), in the form of a ‘success’ narrative, which could be obtained from lifting some of the more likely successful projects being worked on then by the new ventures sub. Bain agreed to this modification of the original deal with Romney in part because Romney had leverage from the largest part of the original financing of Staples being connected to the Mormon Church, in part because all along Bain’s association with Romney was predicated on the mutual explanation that he would be running for public office. 

    So that’s how the M&A sub got involved in getting the credit for the success in each of Staples & the Domino Pizza franchise operations. In fact, both franchise operations had been set up far more by the NV sub, but at a late stage the M&A sub came in with additional financing & thus were able to create a “proven success” narrative. 

    The Globe article points out that the list of companies they reviewed for the purposes of their article is “partial”, but there are a number of groups that are actively pursuing a comprehensive list & interviewing past employees & managers for their ‘testimony’ on what happened in their particular case. At least a few of these groups are putting together documentaries to be used in the 2012 general, should Romney be the nominee. We can expect several barrages of this material starting no later than May, 2012.

    But already there’s a interesting aspect of that research that’s come out, being the fact that Romney, even though he left active status with Bain CC in the early 1990s, even today receives annual payments each in the millions from the Bain group, all of that structured on a ‘carried forward interest’ basis that is argued to apply to hedge funds, based on the argument that the Bain M&A sub received third party investor funds structured along the same lines as hedge funds. There’s at least two problems with that for Romney:

    1. The best argument propping up the ‘carried forward interest’ claim is for active managers of active investment funds – but Romney is not an active manager of any investment fund, & all the funds he was active in have been paid out decades ago. What this means is that Romney’s passive role as a former active partner with Bain CC is being treated as the equivalent of those eligible for the ‘carried forward interest’ claim, which is an extremely aggressive interpretation of the basis for the claim. In other words, Romney is open to his income source claims being audited & himself being re-assessed.

    2. This has caused some consternation on Wall Street, where the interpretation of eligibility for the claim is generally not that aggressive; that is, the overwhelming percentage of people making this claim are active managers of active investment funds. So, Romney has received pressure from investment fund managers he & his campaign have approached to guarantee to commit to redrawing and directing enforcement of the claim in a way that protects not just him but them, and not just for existing funds but to grandfather that provision for all income received once a manager leaves or a fund becomes inactive, & to have the US Tax Code amended accordingly. Romney made that commitment.

    You may think that this is something of a ticking time bomb for the Romney campaign. And you’d be correct.

  • NDanielson

    И я вас вижу. Что значит Чёрт Возьми ?
    By the way, Barry is a Harvard
    educated Constitutional scholar. Maybe his take on it is more informed
    and therefore accurate than yours is.

    Paul Krugman is a scholar too, so is Bill Ayers, and Thomas Sowell. Name the two that Barry believes in.

    Hey Barry is a Nobel prize winner too. Hmmmmmm. So scholars of the Constitution can’t have disdain for it???? Interesting.

    Tell me if you think he supports the US Constitution:

    http://www.youtube.com/watch?v=iivL4c_3pck

    Вы не вести себя как овцы, как и другие последователи Барри Обамы.

  • Чёрт Возьми

    @cruiszn:disqus
    I saw Gore as a wimp who thought it was his turn. Never trusted the man.

  • NDanielson

    You don’t know how many blacks I have met, which proves you to be a liar, if nothing else. All of my in-laws are black, many of their friends are friends of mine, every single one of my grandchildren are black, and a hell of a lot of their friends are black, but what would I know? Wow, that was easy. Solutions to black unemployment??? GET THE US GOVERNMENT OUT OF AMERICAN BUSINESSES! That would be a start. Quit making victims out of minorities, THAT would be a start, and recognize that the ONLY MINORITY IS THE INDIVIDUAL. How’s that? And a family owned business IS a job I know, I am part of a few myself.

  • http://www.facebook.com/people/Politics-culture-Reasoned-America/100001284363960 Politics-culture Reasoned Amer

    OLD NEWS!

    Colby could have re-titled this:

    The Democratic Media Goes to Work On Obama’s Re-election Campaign.

  • Чёрт Возьми

    Правильно. Я не овец. Я собака.
    Think about this: How does the Constitution prohibit socialism? If We the People did become deluded enough to believe that socialism, or even communism, were “the way to go,” would the Constitution prevent it?
    I am NOT a communist or a socialist, but as an exercise in clear, unbiased thinking, can you find anything in the Constitution that specifically says only pure capitalism is acceptable and socialism is not?
    I take this line of thought after going to the link you provided.

  • NDanielson

    Modern liberals are the ones in denial about socialism in this country, or that are just plain proponents of it. Modern liberals are the ones who want to “fundamentally transform America”. (into what, by the way?)That much is plain to anyone.

    That it would be IMPOSSIBLE to define “exactly” what a “modern liberal is” causes his whole straw man argument to collapse before it begins in my opinion. But take what you will from the essay. In my observation about the motives and causes of liberalism HE IS SPOT ON.

  • NDanielson

    Wow that was cute and witty, and I laughed out loud. You still think pity works??? It does not seem to have helped you at all, melbo!  There is a law that liberals lack “sibilance”, any sibilance no less, of humor AND most of the humanities? Wow, who knew? Who could decipher? LOL. Clown.

    melbo58

    Actually Dress, ND suffers from the same malady as most
    teabaggers. What they think is cute, provocative and witty, in reality
    is juvenile, mundane and corny. By law and DNA, conservatives completely
    lack any sibilance of humor and most of the humanities. These cretinous
    troglodytes are to be pitied, after they are studied. After all, even
    the most putrid of cadavers can still serve some useful purpose if only
    to feed the worms.

    Study yourself, clown. Lend yourself some of that pity you are so ready to offer others. What is it you fools find useful in pity, I will never understand. Pity yourself, fool.

  • Anonymous

    Actually he just took out a student loan. 

  • NDanielson

    Oh, so they released them to you? Wow, and just how did Barry pay back loans to the most elite colleges in the country, genius? Cheap adjuncts ruin perfectly good malt. In excess, they make you permanently stupid. Drink up! The results are hilarious.

  • NDanielson

    Wow, I have a guy, “Mitt”? I bet you have a boy, Barry.

  • 12voltman1

    Zeppo?

  • Anonymous

    Notice that my comment focused not on whether you are the village idiot, or a poseur, or a hod carrier for one of your more intelligent and wealthy neighbors but, rather, addressed the historical — recent, current, history at that — inaccuracy of your correlation between liberalism and “running business into the ground.”  If anything, the last 35+ years of economic destruction belong to the politics of the right … lock, stock, and barrel. Most of the total national debt — even after Obama — and pretty much all of the losses on Wall Street, are at the hands of Republican presidents and legislation.

    You probably aren’t old enough, and you sure as hell aren’t smart enough, to actually understand the connection.

    Oh, and “clown.”  Oh dear, oh my goodness, what a stinging rebuke. I’m gonna tell your mommy on you.

  • 12voltman1

    Don’t feed the trolls.

  • Чёрт Возьми

    You are right. Sorry.

  • Anonymous

    Pablo, I’m sure you feel the same way about the Bush bank bail outs.

  • Anonymous

    Willard thought that George W Bush and Barack Obama should have sat back and watched GM & Chrysler go down, laying off thousands, not even including the suppliers they would put out of business.  Yet today, GM has paid back a large portion of the money, and Chrysler is now owned 46.5% by UAW.
    We don’t need capitalists who don’t put people first.

  • Anonymous

    Surfergrl has a problem.  She actually thinks it was the democrats who wanted to give everyone a “right” to home ownership.  She needs to quit listening to the lies on FOX and instead watch the real thing.  Being a real estate broker in two states, I can tell you exactly who what and when and it sure wasn’t the democrats.
    Here’s the video of George W Bush introducing his “Home Ownership Plan” on May 17, 2002 which gave people with no downpayment or those with bad credt the “opportunity to be home owners”  – and yes, in order to do it , he had to order Freddie and Fannie to loosen their lending standards.
    http://www.youtube.com/watch?v=kNqQx7sjoS8

  • Anonymous

    Pablo – where did you get this information?  Afraid to put the link on there because you will be found out not telling the truth?  

    First of all, GM did have to file a Chapter 11 Reorganization which meant that it had to discontinue some brands.  And, that meant cutting jobs.  

    GM employs 209,000 people.  Laying off 21,000 and discontinuing the brands of Pontiac, Saturn, Hummer and Saab.  That meant those plants had to close.  But losing 21,000 is a lot easier than losing not only the remaining 188,000 but a lot of supplier jobs as well.

  • http://pulse.yahoo.com/_7RQ3BYT543OCYDUVW4U4NJVM5Y Mary

    Both Obama and Romney are Wall Street puppets. One has only to look at their campaign financing to know whom they owe allegiance to: http://www.opensecrets.org.

  • NDanielson

    Clown isn’t meant to be a rebuke, but a statement of your ability, or inability in this case, to think.
    Your liberal programs of getting everyone a loan belongs lock stock and barrel to liberal policies related to “fairness” and “social justice” don’t you know, clown? Legislation offering something “free” and “fair” bought and paid for by those who produce. Wow, what a concept, huh? Producing? Only to have little liberal clowns like yourself consider what it is that others produce YOURS to give away for votes. Sounds a lot like the party that you so depend on, sweetie, don’t it? Wow, talk about not understanding a connection. Damn I laugh heartily at that one. Sociopaths feel no connection. I’ve worked for two unions in my life, and both of them are parasites on the people, and the owners that actually produce the product of industry.

    Oh, and you know my mommy?  And you call clown a stinging rebuke? LOL. My mommy, bless her heart, should she still be alive wouldn’t give a liberal clown the time of day. She grew up in a communist country, and can spot a fool for the state a mile away. Clown. Thanks for the laugh.

  • Pablo

    That it isn’t a matter of the right. I only wrote two words in that post. That rest speaks for itself.

  • Pablo

    See the blue letters? They’re a link. Duh.

    And yes, laying some people off is better than letting the company collapse and have everyone lose their jobs, except that the President has no business doing it. Governor Romney appreciates your understanding of the matter, no doubt.

  • Pablo

    That’s a lot of words to cut and paste when they don’t answer the question.

  • Pablo

    If you’re going to respond to a question, you should answer it, not change the subject. But since you have, you’ve raised another question or two: Which Bain companies paid huge buyouts to CEO’s?

    Is HP profitable? (The answer to that is yes)
    http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1598003&highlight=

    And HP booted Apotheker in September. Quit making shit up.

  • Anonymous

    idiot cnn, they’re not supposed to start with this stuff until AFTER he gets the nomination :)

  • Pablo

    Think about this: How does the Constitution prohibit socialism?

    It gives the federal government 18 enumerated powers and leaves all other power to the states.

  • Anonymous

    doesn’t matter when…Romney is going to win in 2012.  Can’t wait knowing all those libertards are bawling their eyes out in shock!!!!!!!!!!

  • Anonymous

    your comment is both partially right and wrong. Capitalist absolutely creates jobs but can also eliminate them,  BTW corporations are people. Their are millions of S and C  corporations owned by millions of different people. 

  • Anonymous

    There you go, prove my point. Start calling people names and trying to degrade them when they dont agree with your view.I wasnt saying it was hate or spin that you and your ilk dont like the wealthy. I said that it was exactly what you did,you proved my point for me,,,thanks. Romney may have lied,,wow that was a first for a politician. I’m not a mitt fan anyway. But thanks again for showing that libs are what is bringing this country to its knees.

  • Anonymous

    Keep provimg my point.

  • Anonymous

    oops,,i had to have spell check correct my spelling,,that should have been proving.

  • Anonymous

    A good capitalist says that he wants to take money from people who work hard for it and give it to people who sit on their couches eating potatoe chips,watching tv,and making babies (the only exercise they get)?

  • Anonymous

    lol…..you call that a solution? How about having more schools or universities in ghettos/impoverished areas? Isnt that a better idea?

    I have never heard of a degree holder being a full time thug. A ghetto university, while low on university rankings, would give  skills needed for some poor people to start or get jobs in businesses.

  • NDanielson

    Wow more useless college degrees. You must have missed all the OWS crowd whining about who will pay for their useless degrees???

    No thugs there at all, huh? I’ve never heard of a full time thug. Interesting.

    OWS self-survey: Occupiers are young, white, liberal, and educated
    They
    are also far better educated than average Americans, with 29.7% either
    having or working toward a graduate degree (vs. about 10% of Americans
    that have advanced degrees). This probably helps explain the popularity
    of college loan forgiveness among occupiers.

    Yes, let’s continue to support the looming education bubble!

    Economists predict the cost of attending
    state colleges will soar to $120,000 by
    2015. Currently over $40 billion in student
    loan debt has forced many former students
    into financial bondage or even bankruptcy.

    In the 19 years that I have been directly
    involved with college financial aid, I have
    heard hundreds of students and parents ask
    the same question, “How do I pay back those
    expensive student loans?” Just recently,
    a woman called asking for help. She told
    me she has loans dating back to the early
    1980’s. All I could do was pray with her.
    There are no easy fixes. Having student
    loan debt is like owing money to the IRS.
    Once caught in the snare, there is no way
    out.

    College tuitions soar each year, advancing
    far in excess of the inflation rate. The
    overall inflation rate since 1986 increased
    115.06%, which is why we pay more than double
    for everything we buy. On the other hand,
    during the same time, tuition increased
    a whopping 498.31%
    . See chart below.

    It worked so well for the housing market, huh? Meanwhile the trades and skilled manufacturing jobs go begging.

    http://inflationdata.com/inflation/Inflation_Articles/Education_Inflation.asp

    LOL you call that a solution? Wow. Just some more government thrown at it, huh?

  • NDanielson

    40 years of offering the “American Dream” to those who couldn’t quite afford it worked out so well for the housing market, didn’t it? The Community Reinvestment Act, that the peanut farmer, and BJ Clinton forced on banks killed your “American Dream”.

    Ignorance that government is the solution for everything, “brung” us here. Throwing your beloved governement at every “problem” in the liberal mind “brung” us here.

  • NDanielson

    Yes, twoeyedclown, keep working to preserve that practice of bringing down the successful to make it all so “fair”, instead of bringing up the losers.

  • Anonymous

    It’s a good thing the oligarchy has useful fact free stooges to do their bidding. 24 of The 26 worst subprime perps weren’t covered by the CRA, and no, Fannie and Freddie joined the party late after Wall Street set up the scam between 2003-2006.

    Carry on flunky, I’m sure you’ll be aptly rewarded for your fealty to the plutocrats. 

  • Anonymous

    Awwww … isn’t that cute. You think criticism is “name calling” … from the little person (and his “ilk”) who wears “LIBTARDS” like his binky.

    Oops!  Did I “prove your point” for you again?

    Same lines from some of you poor schmucks over and over again.  Like shooting birds in a cage.  It’s just too easy.

  • NDanielson

    And wall street set up the scam that Janet Reno and BJ wrote into law, and that Barney Frank and Maxine Waters assured the American public was all safe and warm and fuzzy, huh clown? http://blog.beliefnet.com/reformedchicksblabbing/2008/09/maxine-waters-we-do-not-have-a.html

    Would you like the names of the the top DEMOCRATS who pocketed tens of MILLIONS while running Fannie and Freddie, sweetie?

  • NDanielson

    Wow, and who took the house in ’06? Wow, and who was sitting on top of the banking and finance committee??? Hmmmmmm

    The agency said in the lawsuits that Syron, Mudd and other
    executives understated exposure to subprime mortgage loans. From
    2007 to 2008, Freddie Mac executives said the company’s exposure
    was from $2 billion to $6 billion when it was actually as high
    as $244 billion, according to one SEC complaint.

    And it was the CRA that got the governement involved in putting people into homes THAT COULD NOT AFFORD THEM. And it was little community organizers like Mr. Barry 0bama that charged racism on banks that did not want to lend to people without credit. All for fairness, you know? Like every other social engineering program you leftist clowns foist onto the working people of this country. Fealty to the Marxist is what causes the economic downturn in this country. So you carry on, flunky.

  • Anonymous

    Wow ,we agree on something, same lines from the same ole talking points that you libs always use. “Demonize em so we dont have to debate em”. And i wasnt talking about criticism as the name calling,,i was talking about the actual name calling. Talk all you want as long as it goes both ways,but libs cant take it when its true about their side. Im not a romney fan, just stating facts.

  • Anonymous

    Wow, Fannie & Freddie were culpable so therefore your laissez faire utopian trickle down failed world is saved from scrutiny and your Gordon Gekko heroes safe.

    Good thing for your ilk there’s a moderate Republican in the White House that doesn’t believe in “looking back” – kind of like the war crimes and torture the Bushies also committed when they weren’t destroying our way of life economically.   

    Carry on dupes, get that socialist and big government and everything will be just swell!

  • NDanielson

    War crimes like SEAL teams on sovereign soil? Drone attacks on foreign soil on American and foreign citizens? Indefinite detention on Naval vessels for interrogation? LOL. Tell me more. How’s that trickle up poverty working out for you, sweetpea?

    If your ilk could look back they might wonder why the elected a man who’s own wife could not be proud of this country. Or why they elected a community organizer who’s own preacher hates this country while making millions off his adoring racist flock of sheep? Then moves on to a gated, white community? LOL.

    Socialism is just the stepping stone for your Marxist Barry to fundamentally transform America. Did any of you Barry sycophants ask what he wants to transform America into? Moderate republicans laying with the socialist liberal clowns is what got us into this mess.

  • Anonymous

    By the way, everyone without an agenda knows the CRA outlawed the common practice of “redlining”, where otherwise qualified applicants were denied a mortgage based upon their skin color and neighborhood, literally having a red line on maps drawn by the banks.

    Also, the CRA worked perfectly since 1977 and was not involved in the criminal fraud perpetrated by the banks, who by the way helpfully guided minorities into subprime debt when they qualified higher.

    Not that facts matter to the government haters.    

  • Anonymous

    Yup.  It’s just too easy.

  • Anonymous

    Your mommy might have spotted a Bolshevik a mile away, but if she was anything like you (let’s give her the benefit of the doubt, and say she wasn’t) she couldn’t have identified an educated democrat from an inch away.

    But, I’m getting your problem. You have no appreciation for the complexity and work that American democracy takes. It isn’t a goal; it’s a process, and we can never stop teaching it and working at it lest it dies.

    Maybe that’s your goal, comrade.

    Conflating American constitutional republicanism with corrupted Marxist socialist ideas and, in the process, convincing the sheep that they can be part of a free-market capitalist model that doesn’t exist is exactly the recipe that oligarchs depend upon. In the meantime, they’re sending their manufacturing to China and India, where they can still lock the exit doors and make assembly-line workers pee into bottles.

    Sort of like the old country.  Клоун.

  • Anonymous

    Like, do you think they could tell the difference?  Bush did the bidding of his backers and friends, Obama is doing the bidding of his backers and friends, and Romney will do the bidding of his backers and friends. 
    http://www.opensecrets.org/pres04/contrib.php?cid=N00008072
    http://www.opensecrets.org/pres08/contrib.php?cid=N00009638
    http://www.opensecrets.org/pres08/contrib.php?cid=N00000286

    On the other hand, Ron Paul’s top contributors are members of the armed services:
    http://www.opensecrets.org/pres08/contrib.php?cid=N00000286
    and all they want from him is to bring them home

  • NDanielson

    Wow every union I ever worked for could lock the doors at any time that they wanted and made everyone pee in bottles at any time they wished comrade! Sometimes twice a week, and every time that you went to another site. Does McDonalds not test you?

    Hey, it would be nice if our schools actually involved teaching. What did you get your degree in, by the way?

    You raced right by my problem with government in your zeal to follow your apparatchik theme, comrade. Social engineering schemes and “free” cheese, and a country filled with unionized “public servants” at the trough was not what our founders envisioned.

    Which gets us back to your little education problem. If half of you liberal idiots knew anything about the destruction of Socialism, you’d run from the clown-in-chief who is a Marxist clown. If any of you liberal sheep had a brain at all about the death that Marxism has caused, all while looking out for our fellow comrades, you’d run from the Marxist fool trying to bring this country down. With Marxism.

    But, alas, dummy, it is not your fault that you are so stupid, it is your media, and lack of intelligence to recognize it for what it is. For that we can blame our education system. Run by quaint little Marxists all to make little dummies like you feel good about yourselves. They made the big mistake of teaching you that governement is your answer for everything, and that there really is a thing called “free” cheese.

    My communist mom was wise enough to teach me that NOTHING IS FREE. You might as well believe in the tooth fairy, or that Michelle 0bama actually is proud of her country.

  • http://twitter.com/Lompemann Lompe Landslaget

    Gordon Gekko 2012

  • Anonymous

    We have yet to hear from those CEO’s whose companies he created, or those he demolished by decimating and sending overseas, but it’s clear that Romney has spent 25 years in the business consulting world, and most businesses are now overseas with no jobs here. Outsourcing worked to incorporate foreign slave labor as the bottom line. And now with no more businesses to decimate, he and they are coming for the only money left – the U.S. Treasury, which is why private equity guys are supporting him to privatized health care and SS. There is no more left to steal except through government. This is why government is now 51% of the labor force in America.

    Pirates and thieves go where the money is. and get it as easily as they can, but only by force or by deception.