Inadequate federal regulation, not Romneys Bain Capital was at fault.
During the Republican primaries, theres been unjustified criticism of Romneys Bain Capital and similar financial industry enterprises. Such enterprises are being faulted because many if not a majority of such ventures profit only the enterprises owners and executives.
We all do what we can to function within our environment and commercial enterprises exist within environments primarily affected by the nations governments. When Bain Capital maximized their profits regardless of the effects upon all others, it behaved true to its purpose. Bain and Romney should not be faulted for what was essentially driven by governments laws and regulations.
The faults are due to the voters and the office holders they elect.
Im a proponent of transparent government that respects individual persons and other entities privacy and self-determination, identifies their and the remainder of our societies vulnerability for harming themselves or being harmed by others, protects all from such harm and prohibits such activity that is contrary to our societys better interests, and is minimal interventionist.
Im also a proponent of competitive free enterprise, level open markets, ALL nations and USA states sovereignty and equal treatment under law.
Rather than considering these as contrary political positions, I consider them all as valid but its not unusual for them to require parsing to determine desirable outcomes. Our goal is minimum inferior and most superior public policies; "We got to accentuate the positive, eliminate the negative.
Regarding specific criticism of commercial enterprises contributions to our nations trade deficit, refer to these topics:
Refer to topics:
Warren Buffett's concept to significantly reduce USA's trade deficit,
posted @ 08:10 PM, August 30, 2009
last posted @ 06:56 PM, Dec 27, 2011
And
Trade deficits are ALWAYS detrimental to their nations GDPs
posted @ 10:25 AM, November 30, 2011
last posted @ 01:26 PM, December 23, 2011
Respectfully, Supposn
During the Republican primaries, theres been unjustified criticism of Romneys Bain Capital and similar financial industry enterprises. Such enterprises are being faulted because many if not a majority of such ventures profit only the enterprises owners and executives.
We all do what we can to function within our environment and commercial enterprises exist within environments primarily affected by the nations governments. When Bain Capital maximized their profits regardless of the effects upon all others, it behaved true to its purpose. Bain and Romney should not be faulted for what was essentially driven by governments laws and regulations.
The faults are due to the voters and the office holders they elect.
Im a proponent of transparent government that respects individual persons and other entities privacy and self-determination, identifies their and the remainder of our societies vulnerability for harming themselves or being harmed by others, protects all from such harm and prohibits such activity that is contrary to our societys better interests, and is minimal interventionist.
Im also a proponent of competitive free enterprise, level open markets, ALL nations and USA states sovereignty and equal treatment under law.
Rather than considering these as contrary political positions, I consider them all as valid but its not unusual for them to require parsing to determine desirable outcomes. Our goal is minimum inferior and most superior public policies; "We got to accentuate the positive, eliminate the negative.
Regarding specific criticism of commercial enterprises contributions to our nations trade deficit, refer to these topics:
Refer to topics:
Warren Buffett's concept to significantly reduce USA's trade deficit,
posted @ 08:10 PM, August 30, 2009
last posted @ 06:56 PM, Dec 27, 2011
And
Trade deficits are ALWAYS detrimental to their nations GDPs
posted @ 10:25 AM, November 30, 2011
last posted @ 01:26 PM, December 23, 2011
Respectfully, Supposn