No one votes for an Angry Attack Muffin. Give it up.

A successful businessman vs. a street agitator does not bode well for Obama.

“…President Obama is having trouble doing his job, which can’t be a great re-election theme.
 
It says that the problem we have is the result of a conflict between the president and Congress in a year when the Republican party, but not the Democratic party, will be led by someone who is neither the president nor in Congress and so is presumably not part of that problem.

And it argues (understandably) that things could only get better if the White House and Congress were both held by Democrats—but the last time that happened was when we ended up with those unpopular achievements of Obama’s first two years.
Is he proposing to do more of that?”

http://www.nationalreview.com/corner/287871/obama-s-peculiar-re-election-strategy-yuval-levin#emailpopup

Mitt Romney lacks a fundamenta­l understand­ing of America and the great people of this nation if he thinks the overwhelmi­ng concern over the shrinking middle class and growing income inequality is al about “envy.” To insinuate that hard working Americans are simply jealous” of people like Mitt Romney because they made millions killing jobs and chopping up family-own­ed small businesses is disgusting and offensive. Romney has a losing talking point if this is going to be what his campaign against Obama is based on. What an elitist…   www.sunstateactivist.org

Gingrich accusses Bolling of not knowing about Brain Capital, yet he presumes to do exactly that.  Newt is FINISHED – DONE!  No one who calls themselves Republican can possibly vote for Newt since he clearly disavows capitalism…the most successful economic philosophy is human history!

When will we hear about the record-breaking donations Obama received from the 6 top Wall Street banks? – and the TRILLIONS in “stimulus” and low/no interest loans from this Administration as their quid-pro-quo?

Oh, I forgot, Obama’s for the middle class…at least that’s the bald-faced LIE that comes out when his lips move!

Yet, a poll today shows Willard and the Newt essentially tied in South Carolina (23/21), with a trend line showing a general Willard decline, a Newt and Paul rise and Tollbooth treading at 5. So, obviously, someone votes for an Angry Attack Muffin, Big Petty, much as someone votes for predatory businessmen and tinfoil hat wearers. To be sure, I believe Willard will win the Republican nomination. In Republican thought, it’s his turn. And, that’s fine. I just think we need to me more analytically honest and candid. We are most assuredly not in the midst of a general Republican come to Jesus moment. Moreover, the Republican circumstance at the moment more resembles a slaw than a congealed salad.

“Fundamental” – you must be a Newt supporter.

Well, Newt just crashed and burned as everyone predicted.  

Private equity and hedge funds are fundamental to taking troubled companies and bringing them back to profits.  Of course that is risky and some will fail, since they’re failed to begin with (otherwise wouldn’t need to be saved).  

If you don’t understand the fundamentals of business then you’re just Obama part II.  Private equity makes very risky bets and will always lose some.   It’s financially illiterate to not get that. Newt just attacked capitalism in a very dumb and hopefully dishonest way.   He’s done.   Better he does it now than later, I suppose. 

Finally Boiling is unable to cut a microphone off when he is losing the argument. The GOP and their phony free market arguments are in disarray. They can’t believe some of theirs are throwing grenade in the tent. I also find it amazing how they stick to call themselves capitalist (a term made famous by Karl Marx to deride the economic system). Frank Luntz is insisting they stop using it and call it ‘Economic Freedom’, lol. Freedom for the likes of Romney to loot and pillage a company and leave the working people in fear and horror. 

Great stall from Newt, “Can you hear me New York?” 

Fox “News” has clearly chosen their Mitten candidate.

Here is a good article for you!  Let me know what you think!
http://www.tnr.com/blog/timothy-noah/98324/the-end-the-affair

No one finds the Newt as loathsome as I, but in fairness, he is disavowing a predatory form of capitalism which serves no useful function in economic growth and development. It simply concentrates ill-gotten gains in the hands of very few while bringing about great destruction and distress to many.

We do every day, my friend. Those who suffer mightily from Conservative Victimization Syndrome simply don’t recognize it. That would require a level of awareness beyond self and accountability CVS sufferers wholly lack.

Wow, they made it shutup.

Mittens will make a great second McCain.  He campaigns like he would govern.  Weirdly. 

“In the general election I’ll be pointing out that the president took the reins at General Motors and Chrysler – closed factories, closed dealerships laid off thousands and thousands of workers – he did it to try to save the business.”- Mittens
—-
During his daily show on Wednesday, Rush Limbaugh urged his listeners who were driving to “pull over” as he played the audio of Mitt Romney’s response. Gov. Romney’s reply to the criticisms are just as unbelievable as the criticisms themselves.
http://biggovernment.com/sberry/2012/01/11/romney-says-his-work-at-bain-is-like-obamas-auto-industry-bailout/

That’s a word other people don’t use? I hear Huntsman, Dr. Paul, Sanitarium, Tollbooth and Willard use it. I hear Bash, Blitzer, King, Lehrer, Maddow, Matthews, Schultz use it. To my knowledge and belief, none of these people are the Newt.

Come on Newt get the ‘Vulture Capitalist’. Putting the phony capitalist and the GOP on trial by their own. This is what we’ve been talking about. ahhhhhh

When you don’t want to answer a question just keep talking until the time runs out. Newt knows.

He used to be one of their employee, he is an insider, he knows how the game works. 

Another bad moment or Eric Bolling!! First, he was insulted by being confused with Steve Doocy and then when he tried to prove Newt was wrong, Newt ignored him and kept on talking making Bolling’s point look irrelevant!!

Eric Bolling is lucky that Fox News enjoys putting amateur cable news hosts on the air, because he would never have a job at a legitimate news channel!!

This was a one-sided conversation.  Once Newt started talking he didn’t stop the whole time. It was comical and Newt looked a little foolish IMO. In a later segment McCain was on and joked that he had never seen such fillabustering.  I liked Newt in the debates, but its obvious when he goes off on some weird tangent he has to spend several days backtracking.  One step forward, two back

So Newt’s justification for these weird attacks isn’t that he thinks Romney did anything wrong its that he doesn’t know for sure he didn’t do anything wrong?    That would play over well in a debate.  ”I don’t know you ever murdered anybody therefore I’m going to run ads calling you a murderer until you prove you’ve never murdered anyone”

Bain is not a true venture capital firm.  Once its coffers were full from pillaging beleaguered firms, they then set they sites on establishing new companies like Staples.  Their strategy was to find a firm that was undervalued and acquire it.  Once that happened they would start selling off parts of that company.  They operate on the theory that the parts are worth more than the whole.  So they end up reaping millions over what they paid for the whole company.  Selling, consolidating, trimming the work force was just a means to the end.  The end was a great deal of money for Romney and Bain Capital.

Let’s face the dire truth. The US is founded on vulture capitalism. What else is slavery?

It is a myth that capitalism is pure and good by itself and must not be regulated. It is now time to stand up for true righteousness and expose the hypocrisy. 

Remember the civil war and how unwillingness and stubborness led to the bloodiest war in the history of the US. Great Britain got rid of slavery in a peaceful way. The United States, where all men are created equal on paper, had to have it pried out of their fingers.

What would happen if the rich, who profit from vulture capitalism, and their powerful friends in the media and in Washington, are as stubborn and unwilling to acknowledge the evil of vulture capitalism. Why would God not bring justice to those oppressed by this selfish system as He did for the slaves?

Watch my video: A German’s preachers thoughts on 2012.
http://www.youtube.com/watch?v=gpLYq525SpM 

Keep it up Newt. The Romney News Netork put 3 more talking heads on right behind you (Rudy, McCain, and Huckabee), to continue poking at you because you are attacking their chosen candidate.  Go Newt!

Why NEWT and Rick Perry are right to Question the Metrics of How Romney and
Hedge funds Like Bain capital have made the USA and Europe Unsecure in durable
wealth creation .
Why Capitalism has Not worked over the past 17 years and the
Position the USA and Europe are now in…… because we did not stay true to the
Principles of Making sure Self Reliance above everything else was sustained as
this was what the Founders meant when they wrote the words Independence and
Individual Liberty into the US Constitution . Today we are SERFS Dependent on
Foreign Import supplies and thats about to Cause a destabilization of the
Independence of the USA in ways that will end in a nationalization of the FREE
market system and I have to say I think it was Planned by some in the policy
making positions because they are the best and brightest so stupidity is no
excuse .

The Paper Currency markets are about to collapse
because of Hedge Fund Operators taking advantage of a Failure of a WTO FREE
TRADE AGREE of the past 17 years !!!!!

CAPITALISM AND THE VALUE OF IT IS SUSTAINED IN A
COUNTRY WHEN IT IS PRODUCING A VITAL HUMAN NEED NOT THE PAPER CURRENCY VALUE OF
ANOTHER COUNTRIES PRODUCTIONS . THIS IS THE RESULTS OF NOT HAVING TARIFF TRADE
IN THE MIDDLE OF A INTERNATIONAL TRADE AGREEMENT WHEN THOSE TRADE PARTNERS
CURRENCIES ARE VALUED DIFFERENTLY AND NEVER PAR VALUE BECAUSE OF THE CRIME OF
NOT FOLLOWING A FREE FLOATING CURRENCY RULE AND IF YOU DON’T UNDERSTAND THIS
THEN READ ” GRESHAM’S LAW OF THE 14TH CENTURY , and when reading about the way
it works consider the 2 side of the argument in that the condition works both
ways in terms of what happens when 2 different valued currencies trade in the
same market without a Counter balance which a Country like USA or Europe needs a
tariff Duty on Imports that are Under valued in order to stop the Devaluation of
that Countries currency and with it their Durable wealth Creation at the
domestic level of the economic structure . If you ask a Hedge Fund Like Bain
Capital would they have had the same Incentives that over the last 17 years of
tariff Free trade with Asia would they have been able to calculate the profits
of Having something Produced in a Asian manufacturing area rather than in a USA
or Europe area if Import tariffs were in Place at the port of entry and if this
is all thats Necessary in Maintaining a solvent economy is to Have NO Tariff
Trade then why are the Highest valued Currency Nations before the WTO free trade
agreement was started 17 years ago now without the credit availability which was
propping up these economies in the European Union and the USA have been doing up
to 2008 , why now are these 2 economies failing if Tariff FREE trade was the
answer to our Trade Policy and economic affairs !!!!!

The Paper Currency markets are about to collapse
NOW because of this Lack of Holding those accountable for NOT following the
rules of FREE Floating Currency rules that have to follow a Tariff Free trade
policy , because NOW we out sourced all our Tangible Production and those Fools
who did this have placed the west in a destabilized position . Intrinsic Value
behind a Currency is the Vital Human Supply it creates to sustain Life , Liberty
and the Pursuit of happiness , words that Fools No Nothing About but are running
the Paper markets that Feed societies , and while they chased those Paper
profits the Smart ones in the middle of all this have taken control of the
Production side of this Cabal and now we are about to see what its like to RUN
OUT OF SUPPLY !!!!!

I think the defection from the dollar by the
Nations below that are the main suppliers of tangible vital human needs are now
going to start using that vital resource against the Dollar traders as the paper
trade starts to come apart at the top …..First we have this story , then
the one below shows the results of the defection from the paper currency markets
…. nasty .

http://www.zerohedge.com/news/russia-iran-proceed-bilateral-trade-drop-dollar-russian-warships-park-syria

Full-Blown Civil War Erupts On Wall Street – Financial
Elite Start Turning On Each Other

Reality Finally Hits the Financial Elite as They Start Turning
On Each Other

By David DeGraw – ampedstatus.org

http://wakeup-world.com/2011/09/06/full-blown-civil-war-erupts-on-wall-street-financial-elite-start-turning-on-each-other/

MITT Romney Ever since we started 17 years ago with the WTO
and that Unfair Free Trade agreement that all these Hedge funds have done is get
in the middle of this trade policy over the years and disassemble and reassemble
Our Industrial base over in Asia and as they did this shut down of all the small
business operations in the USA they consolidated all that domestic wealth into
their holdings and now have Isolated the USA away from the actual supply of
vital human needs in countries that hate our guts , and are saying now they
don’t want our Dollar any more , so how is that a Smart Business plan by Romney
and the other hedge fund Operators Kathleen ? Do you remember who said we would
hear a Giant sucking Sound if we did the WTO Free Trade agreement back in 1991
??

All Romney and hedge fund… operators like him lobbied over the
years to not Enforce the free Floating currency rules of that Agreement so they
could sit in the Middle of those imported products tariff FREE and rake in a
10-1 currency swap , and virtually destroyed every domestic operator and with it
ALL the CONSUMER CASH what IDIOTS !!!! Now If you are the ANTI-Growth ANTI
capitalists that are in Power today then this Trade Policy worked fine as they
used the Greed of the Hedge Funds chasing ONLY Paper profits around the world
without regarding sustaining a self reliance in a given society , LIKE the USA
MITT now we can’t even make a NUT or a BOLT to Hold our LIVES together for
crying out loud man how Vulnerable are we to what Congressman Roscoe Bartlett
says here ???? Congressman Roscoe Bartlett says GET OUT of the CITIES , I say
why did we let it come to this MITT , why did we just simply focus on the Paper
Profits and relocate all our Durable Production Off Shore , and put that control
in the hands of Other nations that would use that leverage against US MITT ???
http://www.youtube.com/watch?v=ZFjFwHXqn1w&feature=player_embedded
http://www.youtube.com/watch?v=NUUSfk4nARQ&feature=player_embedded
http://www.youtube.com/watch?v=eBiTrQuZuUQ&feature=player_embedded http://www.youtube.com/watch?v=BGJHwzsPdpY&feature=player_embedded

MITT Now we are so
unsecure because of a Lose of supply from a Rejection of the dollar Like What
happened to Iceland in 2008 that our own US Government is Passing Laws that will
DETAIN independently Civil Unrest in the event of a breakdown in supply to our
People while hedge funds over the years Separated Society from its SELF RELIANCE
in providing its own needs at LEAST at a level so we would NOT BECOME SERFS
begging for MERCY MITT did you guys THINK about this when you were Flying around
the GLOBE these past 15 years relocating all the production to other countries
in the world and Out of the USA and Europe ?? HELLO what good will that paper
money be when we are all screaming for supply , a NUT and a BOLT to hold our
Tractors together so we can farm a Field and grow some FOOD ????? Do you think
this won’t happen that these nations you hold durable trade assets in won’t all
of a sudden tell you take a hike we don’t want your paper dollars ?? Thanks for
getting us In this Position !!!!!! You HEDGE FUND operators all live in a Bubble
without even a Understanding of what real Life Leverage is all about
!!!!

Its all right here
explained warned was happening but Know one gave a dang , they only cared about
the paper , while some were using this mistake to further an agenda that
Technocrats and Globalists were promoting , http://www.cnsnews.com/node/75388 , and
Now we have Nothing to back up the paper that makes LIFE sustainable . And those
who have the supply of stuff that sustains Life are getting ready to use that
against we the people of the USA and the EU as we spiral down with our deficits
,
The High Cost of the China-WTO Deal: Administration’s own analysis suggests
spiraling deficits, job losses; By Robert E. Scott; February 1,
2000:http://ning.it/cNJn9O
Andhttp://ning.it/bTIt9f
It has also taken Mexico’s Jobs away over the years too.
Europe’s Jobs too. This is all because of a Simple Currency manipulation that
does nothing to promote quality in our products.
Remember what Ross
Perot said , we would Hear a Giant Sucking Sound with this Trade Policy , he was
right in the overall sense of International economics without Trade negotiations
that were kept in line with Balanced trade between nations with different valued
currencies , again Gresham’s Law . http://www.thenation.com/article/new-giant-sucking-sound
 

I think we need more than ever a retooling of our Parts manufacturing to
be able to maintain our various primary Needs infrastructures before this
happens , because it is going to happen and being so Dependent on Imports of
everything right down to hardware ( Nuts and Bolts ) we couldn’t even supply a
NAPA Parts Supply if the dollar is rejected by foreign sources , this is one big
reason why the Congress passed the NDAA , watch this Video , United States
Economic Tsunami – TIME TO WAKE UP!!! http://www.youtube.com/watch?v=M0SmVYxrLTE

The BRIC nations
don’t need anything the USA has anymore . They can supply their own food with
supply from South America and the other BRIC nations , once The destabilization
of the Middle east is done with Obamas shadow actions called Arab Spring and
with the rise of the Muslim brotherhood and Iran being head of OPEC , they will
reject the dollar as their currency and we will be in Hyperinflation over night
. This will result in Nationalization .

We need to retool our industrial
base to at least be able to supply our most needed supplies and then we can
negotiate and sustain some what of a quality and abundance in our supply of
vital human needs . We should have seen Mitt and his Bain capital , the
International banking franchise people as well as all Multi-National
Corporations realize this need to keep America a Vital force in world trade
negotiations making sure we negotiated Fair trade and balanced Trade so we were
adequately supplied and deficits free , but instead Mitt and his Greedy group
and all the Multi-nations hedge fund operators like Mitts focused Only on the
Dollars and not on what that currency was representing , and today all we have
left is the paper with nothing of Tangible intrinsic value to back it up , and
this is what we get read these links by our so called TRADE PARTNERS , Putin
says U.S. is “parasite” on global economy

http://www.reuters.com/article/2011/08/01/us-russia-putin-usa-idUSTRE77052R20110801

If
The Eurozone breaks apart and they are so dang dependent on BRIC nations supply
, they may be in a Position to Break away from the US Dollar are world trade
currency to maintain their supply of tangible goods a Vital human needs over a
paper US Dollar , this is the kind of critical position we our talking about
here .
Ahmadinejad of Iran Is President of OPEC?

http://shortlittlerebel.wordpress.com/2011/06/01/ahmadinejad-of-iran-is-president-of-opec/
Yuan Will
Be Fully Convertible by 2015, Chinese Officials Tell EU Chamber

http://www.bloomberg.com/news/2011-09-08/yuan-to-be-fully-convertible-by-2015-eu-chamber.html

Mitt Romney how can you Repair the USA and European Economies
when you are only a Paper dollar currency in a bank now that all the Durable
Resource supply and the manufacturing of it is located in foreign lands called
the BRIC nations and they are about to tell you and the rest of us they don’t
want our dollars any more ??? Looks like we should have kept some Manufacturing
here in the USA and Europe should have done this too , so at least we could have
some Leverage in Negotiating Trade even if that Trade agreement ended up in
disagreement because the way it now we the people are pretty vulnerable to
having to BEG for MERCY because what else do we have to fall back on when the
BRIC rejects the Dollar and cuts the USA and Europe Off for a Little while
?????? I tried to post this at this Link I think people need to read this and
Understand why we are in the shape we are !!!

http://www.postandcourier.com/news/2012/jan/12/gop-hopefuls-hit-ground-running-in-sc/

Investors risk their money, workers risk their livelihood.  If an investor puts up a million dollars and things go bad they lose their million dollars (or much of it).  If a worker’s employment goes bad they lose their job but keep the pay they’d already received, and if they are lucky they can leave a job Friday and start somewhere else Monday – I did that in 1995 after being laid off from Blue Shield of California with only two weeks notice.  Some of my coworkers were out of work for many months, most had jobs pretty quick, hopefully some were lucky like me and not only had no interruption in paychecks but also had the benefit of the lay-off payout package which was basically a bonus.  I also increased my salary by making the weekend move.   For an investor who loses their million, they can try to get some of it back but they’ll be lucky if the failure of the business they invested in ends in a profit.   For the investor, hopefully they are invested in multiple ventures and while some are losses others are profitable.  Demonizing investors for investing is a losing scenario, at least for a capitalist.

Hilarious that Newt is challenging Romney to a test on character and judgement.  Character has never been Newt’s strong suit.  Ask his two wives and numerous girlfriends about his character. He is an angry, vile man that will do anything to get Obama a second term and then ask for a job to stay relevant.

Newt, less than a month ago:

There was a very brief moment where, frankly, he got under my skin. And I responded in a way that made no sense, doesn’t fit my values, and made some references to Bain. I’ve said publicly, he’s a good manager, he’s a good businessman.”

Time to shut up, Newt.

No, he’s talking about Romney and Bain, not Solyndra and SunPower.

Slavery isn’t capitalism, nitwit.

GOOD ANALYSIS, aj.

This is a copy-keeper for future reference points!

And that was true…in 2008. However, earlier this week, Goldman Sachs CEO and top thief Lloyd Blankfein said that Goldman was going for Romney and no money to Obama. Seems that the Wall Streeters don’t think they got their money’s worth from Obama since he refused to let them continue to dictate national policy as the previous admin did.

In smaller words, Goldman is angry because Obama did not stay bought like good politicians (think Eric Cantor, Charlie Rangel, Paul Ryan and Mitch McConnell) do.

Obama is more for the middle class then any of the GOP candidates, which is not saying much because Obama ignores us, too. In fact both parties ignore the middle class endlessly. The GOP doesn’t care given their determination to protect the wealthy and the Dems don’t care because we have homes, our mortgages are current and we can pay for food and medical care.

So at the end of the day, neither party is really for the middle class. However, I am simply against all existing incumbents – both parties.

I’m pleased to see that you acknowledged that Solyndra, like Bain are failures of capitalism.

Yet, today’s poll numbers in South Carolina have to encourage Newt.

You’re very perceptive. Predatory capitalism is not capitalism, and it works effectively to destroy capitalism. But, I don’t find much of a relationship between applied capitalism and the Republican party. The Republicans merely like capitalist jargon.

No, Bain is not a failure. It’s an enormous success. Unlike Solyndra. That’s a failure.

Why do I got a feeling Newt is going to play the Mormon card on me in South Carolina?

Newt needs to go pronto.  He’s really been a trollish thorn at my side since Herman couldn’t keep his hussies in line.

Priceless, more of that.

You needed Newt to tell you that I’m out of touch?  Hey pot, my name is kettle.  Nice to meet you.

How is Bain a failure of capitalism?  Last I checked, it made money. 

What other countries at the time had slavery, were they also capitalists?   Unfortunately, slavery was not uncommon throughout human history, and still exists today.

No, but slavery would work very well with capitalism.  It would certainly solve a lot of problems regarding labor costs.

Technically, slavery predates capitalism.  Slavery was more of a product of mercantilism. 

Why you hate me?

No, he won’t. The Obama campaign machine WILL, if Romney is the GOP candidate.

The Obama campaign is keeping its powder dry, and hoping that Romney is the nominee. They will NOT directly attack Romney’s religion, but will have surrogates do it (not one of the pacs that can be tied to them, but something more removed). I would assume that the occasional references HERE to Romney’s Mormonism are just the tip of the iceberg of “talking points” that Axelrod has prepared.

There will be a concerted effort from the Obama campaign machine, via blog posts, “Journolist” contacts, and legacy media types to cast Mormons as “cultists,” etc. Watch for it; it will begin small and become a bonfire.

I am sure Axelrod is not happy to have the Bain issue brought up NOW- he was planning on springing it AFTER Romney won the nomination. After all, since Teddy Kennedy brought it up in 1994 and Moveon already had a video about it, Romney’s “Bain Problem” wasn’t exactly a secret from political operatives.

Newt’s right to bring it up, since the GOP establishment has decided to ANOINT Romney as “the most electable.” 

He isn’t, and Obama will beat him handily in the general election. WHY does the GOP establishment want to forfeit this election? 

Newt calls me a “Massachusetts Moderate”.  How much you wanna make a bet he would love to alliterate it by adding “Mormon” to the mix?

I don’t know if this is what Bain did, but I remember companies being taken over in those years because they had overfunded pension plans available to be used. I was not paying a lot of attention to the tactic at the time, so I don’t know how the takeover firms were able to access the funds. 

The Repubs are gonna blow it.

Even Frank Luntz is trying to warn them that they’re committing suicide by themselves on the side of Wall Street and unrestrained corporate largesse rather than Main Street because of the simmering anger that out there in the electorate today.

And that anger fuels independents who don’t want to vote for Obama again and even a lot of Republicans who don’t live in or come from families with a long history of residence  in the leafy, upper-middle-class burgs.

Reagan Democrats, for example, or their sons and daughters.

You are paranoid- it’s the DEMOCRATS who will bring up Mormonism, just like they do on this board.

I think the attack on Romney’s work in the private sector by Gingrich and Perry is going to backfire on THEM in the Republican primary elections.  I don’t know of any Republican who thinks this leftist attack is a good idea.  Perry has already had a major (businessman) backer defect and endorse Romney because he was so angry about the attacks.  It’s definitely causing a lot of conservatives (such as Rush Limbaugh) to come to Romney’s defense — whereas prior to this, some were not all that complimentary of him.

Even the other two candidates (Santorum and Paul) have condemned this particular attack.  I think this whole thing will end up hurting Gingrich and Perry and will HELP Santorum.

Let’s see… Running against Thurston Howell III, a cult member whose family comes from a long line of polygamists who abandoned the country until they were ran out of Mexico vs. a self-made man who brought himself up from the boot straps in a society where the odds were stacked against him. Who is the hero here? Will it be Mr. Silverspoon or will it be the President. LOL!!! We all know what the outcome is going to be. Go crawl back in your hole, Gloves.

I believe it’s because they would be content with keeping whatever majorities they have now and sink the country even further to blame it on President Obama and increase the odds in 2016.

It is civil war within the Republican party.

What does it all say about conservatives and capitalism?

In a searing critique Wednesday, MSNBC Host and former Republican Congressman Joe Scarborough lashed out at the hypocrisy of his own party over the past “horrifying decade.” 

Scarborough’s laundry list of grievances is shocking in its candor, outlining how Republican leadership has failed the conservative cause.

But “Morning Joe” may have missed the larger point on a major issue that continues to outrage millions of Americans.

Watch the clip here: http://thebottom99percent.com/morning-joes-joe-scarborough-a-dismal-decade/

LOL Now I could start calling others RINOs.

That’s commie talk.

Mitt Romney got a $44 million taxpayer bailout when Bain ran a steel mill into the ground. 

Taxpayer was out $44 million, 750 people lost their jobs, but Bain made millions.

Success!!!

http://www.reuters.com/article/2012/01/06/us-campaign-romney-bailout-idUSTRE8050LL20120106

Yes, you can call anyone anything you want — no facts, data or analysis is required to name-call.

Fox & Friends is easily the dumbest show on tv. It’s like news for adult babies.

There must be balance between labor, capital and the environment. Protecting the environment and paying living wages reduce profits. Fewer enviromental controls and poorer workers result in higher profits.

Bain must not have invested outside the US … else it would have been brought up by now. Bain does believe in sheltering its income offshore.

Yep … 2012 is gonna be a circus. Class warfare!

Republiklan commenters suffer from Moronism.

great propaganda post big brother, thanks for the trash

big brother responds to big brother

We need more government trolls posting garbage here, 90% isn’t high enough

It’s worse than civil war.  Newt just declared armageddon on me.  In Islam, that’s the same thing as declaring jihad. 

I’m going to spread rumors that Newt is a necrophile. 

There is nothing wrong with capitalism. Its too bad that Newt wants to vilify Mitt Romney for standard operating procedures in American business. Perhaps it is because Newt is a more a politician than a typical American.

NEWT GINGRICH – THE BEST FRIEND OBAMA COULD ASK FOR.

Ditzy, there is already evidence that Newton Leroy is playing the Mormon card in South Carolina and Florida.

Newt just rambles on and wont listen to a question, he is proveninghimself to be just a fat selfish DICK! I think he is on obamas re-election team!

Since the Iowa caucuses, I’ve been checking out programs on MSNBC a bit more.  Even though I’ve only caught portions of some programs infrequently, it’s become apparent that Gingrich has become a darling of MSNBC lately.  

I’ve seen him several times interviewing with Chris Matthews (who has appeared very sympathetic to Newt — at least to his FACE).  And Lawrence O’Donnell PRAISED Newt last night on a segment of his MSNBC show called “Rewrite”.

http://thelastword.msnbc.msn.com/_news/2012/01/12/10127774-gingrich-rewrites-romney-on-capitalism

Ask the people who lost their jobs what an enormous success it was.

Or ask the taxpayers, who covered Bain’s losses for them.

Success!

Obama will have to kill, cook and eat an old lady on live TV to lose the next election. This is way too easy.

These days it is. Wow. What a long strange trip it’s been, eh? I don’t always agree with Katrina vanden Heuvel, but she’s right: what is now being called “moderate” was commonly known as “reactionary” just the day before yesterday.

Not a good portent…

We should be talking about the deficit – it is now the size of the entire economy, as mentioned here:

http://www.thinkingabout2012.com/?p=242 

I think Romney will regret making his experience at Bain an issue. Many Americans envy the ability to make a fast buck, but maybe more Americans don’t share Romney’s values. Working people don’t appreciate offshore tax havens, either.

Bain’s investments in “creating jobs” in other countries could come back and bite Mitt, too.

Staples seems to be Bain’s big success story, but you can buy office supplies for 1/3 or less at Costco … and Costco pays a “living wage”!

True, I shouldn’t have made it an issue.  I’m going to get exposed like John Kerry did in 2004 for his Vietnam record.

I’ll pay off the debt by selling off the states that don’t vote for me.

I have enough money to get him to do that.

Funny how deficit is an issue now….when a republican is in the WH nobody gives a sh*t about it.

Why Should being a Mormon be off the table.  If the core of your belief system is the belief that Jesus lived in America, being Black is a curse, and an entire religiion can be created by Joe Smith, without any proof whatsoever besides the word of Joe Smith, which also, and I quote, “seeks to maintain practices and doctrines such as polygamy, and also who beliefe that you can ”speak scripture and create a new bible” if you are moved by a spirit.

This insane CULT is fair game and should be brought to light of what it is and means to those who believe in it.

Also, if you belief system is not in play then we should have no problem electing a Decil Worshiper either, as long as they have proven experience to increase employment (by your logic). 

Mormons are racist, bigoted people. Look it up!

(Google: The History of Mormonism)

I have to ask….how did Obama bring himself up from the boot straps?

WHY THE DREAM FELL
America’s greatest strength became it’s inevitable downfall when the people’s voices were drowned out by the system of greed and gluttony the country became dependent upon in an attempt to achieve the materialistic American Dream of opportunity, income, and unaffordable material possessions, which easily succumbed to a cannibalistic culture of stepping on others to advance one’s own self-fish agenda; ultimately resulting in the demise of American Society, Globalization, and barren communities now privately ownder by foreign investors.
 
 

Mitt Romney has received millions of dollars in campaign funds in his 20 years trying to run for President.  It is not logically possible for you to say that Obama is wrong for raising money and yet Romney or any other candidate that raises millions of dollars is wrong for raising money.

Right now Romeny has a SuperPac with a 100 million dollar slush fund from one person.  I think if you’re going to point out corruption, you should do so on all sides instead of skewing bits of pieces of incomplete information to suit your own skewed arguments.

Also, do recall it was Republicans that opened the flood gates allowing unlimited contributions to a “SuperPac” in the first place.  Your entire argument is a ‘waste of everyone’s time unless you just like letting your azzhole speak for you.

No, we shouldn’t. The deficit is certainly a long term problem but not that much of a big deal now.

You are jumping on a bandwagon.  Never has there been a Republican supporter of Mitt Romney.  Fox News has hated and despised him as a snake.  Newt and others obviously hate his soulless guts.  Even Michelle Bachman, who’s as crazy and conservative as they get can’t stand the man.

Yet, now you are jumping on his Koch.  Nice.  I guess in the end all the Republicans have no choice but to rally around whoever will get the nomination, and that’s fair.

But just call it like it is because you are fooling no one.  Republicans hate Mitt, but if that’s all they got, might as well support him.  You don’t have to like him, but you have to vote for him.

I think this is the first time Fox is backing Mitt.  Before they were in love with Newt but it’s time for a new flavor of the month as a who week has gone by.

Wow, is this group ever going to catch holy hell from Roger Ailes, not for group-stomping Newt, but for being so ineffective, so heavy-bootheeled & so OBVIOUS about it. 

This clip stands as the answer for ANYONE who even imagines that Fuppet News isn’t 100% in the tank for Mittens.

Clearly there is a difference, morally and economically, between (1) a group of capitalist/managers taking on a manufacturing entity that is in need of capital and management expertise, bringing that company around to solid footing, thus leaving it stronger and more secure than before, and (2) a group of capitalist/managers prowling for limping manufacturing entities, with full intention of gutting them, stripping them of any and all assets (including its machinery and  worker pensions), closing them down, summarily firing the employed workers, selling off and shipping the jobs and machinery overseas, and then themselves pocketing millions in “management fees” for doing so. THIS IN A NUTSHELL IS THE MEANINGFUL DIFFERENCE BETWEEN MAINSTREET AND WALLSTREET!!  Rick Perry and Newt Gingrich are right on target in pointing out the difference between venture capitalism and vulture capitalism. Look around any American city that once had a strong manufacturing segment and ask yourself where those jobs are today, and who raked in major profits as that manufacturing segment declined. This is a crucial point on which all laboring people, Dems, Repubs and Independents, the Tea Party and OWS folks, and for that matter everyone else who really cares about the future of America should be able to find plenty of common ground.

FDIC isn’t funded by taxes and it doesn’t do bailouts. It’s insurance and it’s funded by financial institutions.  Also, neither Mitt Romney nor Bain got the $44 million, the pension fund did.

Aside from that, excellent point!

While no fan of Newt, he is smart enough to know where Romney is vulnerable and use it to his advantage.  That FoxNews has now fallen in line behind Romney when they were attacking him only a month ago only goes to show that this is not a news network but an arm of the Republican party (or vice versa).  Pretty funny when they couldn’t refute Newt or answer his questions they suddenly ran out of time.

Oh please, raised by a single mom and his grand parents. His grandfather a veteran of WW II who worked blue collar jobs as well as his grandmother worked a Rosie the Riveter type of job during the war. Give me a break. The President is the product of a middle class upbringing. He is a TRUE American success story. Where Thurston Howell III is the product of wealth, from a political family. He has a sense of entitlement and truly finds no problem in destroying peoples lives which he did quite successfully at Bain.

Bain turned around Domino’s pizza and others under his leadership, WSJ reports an overall 70% success rate in its analysis, which is impressive.  

Bain made smart investments, so given your analogy, a Romney administration would have recognized a loser investment like Soyndra and never spent a dime.   

Oh. Okay.  I completely agree with the Thurston Howell III analogy.  I just sort of look at “pulling up from your boot strap” story a little differently.  Yes, Romney = silverspoon, but I also feel that Obama = silverspoon in a lot of ways. 

You are right…I heard that clip on the radio this morning.  I hope Mitt or one of the PACs supporting him, will pick up that quote and play it on a TV commercial again and again and again.

We’re getting reports, such as at TPM, that the Dems are about to release the Kraken on the NEXT level at which Romney led Bain into a deeper level of hell, & this Reuters story hints at one of the issues.

Note that the owners of Kansas City Missouri steel mill, who agreed to liability for the employee pension plans & various medical & other insurance benefits, were found to have grossly underfunded the liability, to the extent of a hell of lot more than $44 million, being the amount the US government agency had to bail them out for.  

Now – consider that Bain’s role was to bring in a new ownership consortium (being the existing owners, some former managers, GE CC, & Bain CC), making Mittens & Bain CC part-equity owners, & ALSO to manage the transition into the new corporate structure, eventually with another larger steel mill in South Carolina, for which they were to charge fees – indeed, the fees Bain Co charged were way in excess of any capital gains on the deal, since eventually it fell apart, but ALSO way in excess of that $44m bail-out the original ownership entity ’caused’, or even full funding of the liabilities. 

Now, oddly enough, no one was ever prosecuted or even sued for this, because somehow, someone was smart enough to advise the previous owners to put the liabilities of the existing company into a shell company with no personal liability & a dummy head, and on top of that took care of all the technical steps & government clearance approvals to make that happen. And who was that clever, devious “someone”? Why, the Bain Boys, of course. So the original owners were let off the hook because they were ‘joost vollowink orders’, & Romeny & the rest of the Bain Boys were let off the hook because they weren’t ‘ordering’ the original owners, they were “advising” them, as consultants – tho under the terms of the master agreement, if the original owners ever failed to follow that advice, the deal was over & they were on the hook personally.  

And the final key to the Bain Boys getting away with this sweet deal was that the funding shortfall was somehow conveniently covered up until 2002 – by which time the head of the agency was someone appointed by the new president, GW Bush the younger, who Bain CC had heavily funded & Mittens himself had actively campaigned for, AND …. here’s where it gets really really good:

The director at the Pension Benefit Guaranty Corporation at the time that Bain CC got the clearances was James Lockhart III, one of GWB Bush the elder’s BFFs & biggest backers, while the director of the Pension Benefit Guaranty Corporation at the time that the shortfall was reported & the PBGC stepped in with $44m as a partial bail-out, & when the whole mess SHOULD have been reported to the US DOJ for criminal investigation, was Steven Kandarian, a CLASS MATE of both GW Bush the younger AND Mitt Romney at Harvard Law School.

So ask yourself again why no one ever got prosecuted over this? It was a rigged game from Day 1, & right in the center of those involved was Willard Mitt Romney.

the gop sheep media love to portray bain as heroes. they swooped in to help companies that were going bankrupt, some worked and some didn’t. nothing could be further from the truth. 90% of the companies were credit worthy. bain put up 5% leveraged them up, did layoffs, closed plants, screwed suppliers, ravaged pensions. they then went back and borrowed tons more for the sole purpose of paying themselves out! what was left was a highly indebted company with no r&d, cash,or equity to withstand any kind of downturn in their business. if it did survive, they took public the balance and saddled the market with a now secon rate company with negative equity for the shareholders( look at hca) that’s capitalism that works for themselves only!

And leaving aside the high failure rate in new tech ventures, it was very much a BIPARTISAN failure, having been favored for original federal grants & loan guarantees by the Bush administration. 

Mitt Romney’s $44 million bailout:

“…in October 1993, Bain Capital, co-founded by Mitt Romney, became
majority shareholder in a steel mill that had been operating since 1888.

It was a gamble. The old mill, renamed GS Technologies, needed expensive updating, and demand for its products was susceptible to cycles in the mining industry and commodities markets.

Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut by as much as $400 a month…

…The U.S. Pension Benefit Guaranty Corp, which insures company retirement plans, determined in 2002 that GS had underfunded its pension by $44 million. The federal agency, funded by corporate levies, stepped in to cover the basic pension payments, but not the supplement the union had negotiated as a hedge against the plant’s closure.”

Newt needs to STFU. Venture capital companies are INVITED in by troubled companies who desparately need funds and management help. These companies are already in deep trouble and would likely go out of business without serious help. By most accounts, Bain had a 70% success rate. That is very good. What type of society do you want to live in? One where companies have the autonomy to make decisions and grow or one where no business is allowed to fail? Without failure, there is no growth. I suppose all those people who lost their jobs making horse-drawn buggies when Ford opened up his first factory should all have been outraged. Perhaps the government should have insisted that they remain open and NEVER lay off employees. We could still be manufacturing them to this day, even though very few people would ever buy one. It doesn’t matter……..those people are ENTITLED to those jobs no matter what! The same goes for all the other upgrades we have had along the way,……….old-fashioned telephones, manual typewriters, old clunky televisions, vinyl record players……………..those people NEED those jobs darn it. It doesn’t matter if they are successful at selling their products…..they should stay in business.
This is absolutely ridiculous. I actually liked Newt at one time. Now we are seeing the old Newt again. I am sure Obama is so happy with Gingrich and Perry. LOSERS who can’t accept that they are not winning.

Right, because we all know being a half black kid with a Muslim name raised by a single woman is a ticket to paradise in this country.  Man you dishonesty in giving credit where credit is due is breathtaking.

I won’t vote for him on the Domino issue alone, that pizza sucks.

You know what, I didn’t even think about that. Hmmm.

There is actually some risk to the tax payer with regards to the FDIC.  Not that it has happened yet, but I’m not as confident as you it wont.

http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html

According to a report in the Daily Rash, a Gingrich campaign staffer paid a man to stare at Mitt Romney “in an intimidating manner” during the New Hampshire republican debate. Newt’s getting mean! http://www.thedailyrash.com/gingrich-campaign-denies-hiring-man-to-stare-at-romney-during-debate

INVITED! LOL

The Leveraged Buyout model that Bain helped legitimize, usually changes critical financial metrics of the acquired entity. Why and how? First, the LBO fund model (aka rip ‘em and flip ‘em) by definition loads the target company with debt. This debt basically makes the company finance its own acquisition. Consequently, the firm’s balance sheet is significantly weakened (a higher proportion of debt to equity than prior to the deal) and internally generated cash is diverted to make interest payments. Moreover,the LBO fund general partner extracts huge fees for “managing” the deal and often requires the target to pay out significantly higher dividends than they had before. It’s a vicious circle, but wait, there’s more! Since the LBO fund needs to “exit” the deal fairly quickly (usually within five to seven years at most), the value of the target must be raised significantly. How can you do this when you’ve been bleeding it for cash during your “stewardship?” Well, you do two things: you try to figure out if you can monetize some of the target’s assets by selling them off to someone else, and you go on a cost-cutting binge. Very often this means reducing staffing to the lowest possible level and outsourcing as much as possible, usually off-shore. The goal is to raise EBITDA (earnings before interest taxes depreciation and amortization) as high as possible, since most transactions are priced at a multiple of EBITDA. Whether or not such actions result in a company that is sustainable long-term, you (the fund) now have an attractive asset to sell. This process is often called “putting lipstick on a pig.”Assuming you’re able successfully to flip the target, you’ve achieved your goal, whatever the impact your tender financial mercies have wreaked on the company and its constituencies.

I’m not confident of much of anything. But that’s irrelevant to whose money went into the GS pension fund.

So where does Bain capital do its banking? The Cayman Islands. So this vulture goes around borrowing money to buy a business, and then bankrupts that business to pay back the loans, and the defenders of capitalism take their money and put it in a bank in another country so it doesn’t have to pay taxes. Isn’t that destructive to our economy for the interests of a few? It’s the Republican way…………..and Newt and company are just telling you how it works, and that in its self is wake up call. Most of us out here who have been watching this for the last 30 years are glad to see that the Republicans are doing some soul searching for political reasons, as they expose themselves to what they have been up too.

I agree, but was just responding to the FDIC post.  If the politicians can #$%^ the tax payer they will.

I am not demonizing investors.  They provide the resources to develop and grow companies.  The distinction I made is the approach Bain takes regarding its investments.  I credited them with taking risks on companies, helping them grow, etc.  However, what separates them from being a true venture capital firm is they also take complete ownership and control of some targeted companies that they determine that are under valued.  They then flip those companies for a profit by carving them up.  To repeat, they invest in some companies to help them grow and in other they cannibalize.  This was the standard operating procedure during Romney’s tenure as head of Bain Capital. 

What is your source on the Cayman Islands banking?
I do not support Romney, but on this point the mention of the Cayman Islands needs proof.

http://evilbloggerlady.blogspot.com/2012/01/character-of-gop-candidates.html
Rick Santorum has shown some character.  The rest of the GOP?  Not so much.  

You provide a good description of a common practice, but it doesn’t always work out that way and it isn’t always intended to work out that way. It is not the kind of trick that can be pulled every time and it is not worthwhile to try with an otherwise solid performing company.

Just keep saying this to yourself for the next ten months until this all over:

Drunken Hobo Knife Fight.

Different and less important subject.

Before or after he was a liaison to the K street lobbying effort?  Strange definition of character you have there

Cool nickname, Rand fan.  Did you know she took public assistance?

” What type of society do you want to live in?”

One where rich guy don’t buy companies, borrow them to their limit, declare bankruptcy and then escape with several hundred million dollars

Or, the kind where a guy representing masses of wealth does not tell us the demonstrated ill effects of income inequality is bs and we’re all just jealous.  Why won’t he release his tax returns?  Because, they will show the guy making the several hundred million dollars paid less in income taxes than the average UPS delivery man (due to the carried interest rule)

Or, the kind where 4 years after deregulated capital markets caused the worst economic downturn in 80 years, the country doesn’t turn to one of the champions of that bailed out, socialized loss/private profit failure of policy to tell us we need to do it all over again.

Face it, Galt, you and Mitt Romney only know what was good for Mitt Romney and not what is good for America

You don’t expect them to know that?  He’s a Ayn Rand superhero whose solutions to our economic problems are more money to the top, less to the middle class, and letting us all eat cake.  After 4 years of Romney we would be serfs on his plantation

I love Costco

Most people already knew about Kerry’s heroic service.  It wasn’t an embarrassment to him like Bain is to Willard.

This place is full of wingnuts.  Stick around, you’ll find them

Maybe, since American business is harming America in search of short term gain, they should exposed for the lying bastards they are

Get real…we are trying hard to get this criminal and his thugs out of the WH before he bankrupts our country giving taxpayer money to his socialist cronies…….

If you think obama pulled himself by the boot straps you need to do some research on an unbiased, reputable site.

God, where do you all get your “facts”

It sure isn’t FOX News… So what FACTS are you questioning, the ones about his grandparents, his mother? Do you question that he was a bi-racial child that had to WORK and achieve to raise himself up out a low middle class existence to become President of the US? Are you questioning the FACTS about Romney? He family tree has a history of polygamy that they were so grounded in that they left the US to keep the “family tradition” in order? Do you question Mitt’s upbringing in that he has a silver spoon childhood? Were you raised in a governor’s mansion? WHAT IS YOUR POINT BESIDE SHOWING YOUR IGNORANCE?

I think the title to this article is not accurate.  Eric Bolling was in the battle, Newt completely dominated the whole interview and didn’t allow Bolling to say anything.  Newt’s past of being a pundit of FOX allows him to know FOX’s tactics and their limit on time.  It’s a pretty good strategy.  Wasserman-Schultz also used the same type of strategy the other day and it seemed to work for her as well.  Fox is going to have to rethink their method for interviews.