Liberalism’s Real Appeal

[JoeB131]

So, unions (a group of people united for a common purpose) making political donations is good, but corporations (a group of people united for a common purpose) making political donations is bad.

I'd ask you to explain, but you can't without saying "whatever benefits Democrats is just dandy".

Sure I can. Corporations are fucking evil. That was easy.

They need to be strictly regulated, tightly controlled and we need to occassionally throw a few of their executives in prison to keep the rest in line.

 

[Blues Man]

And why did Bain buy it?

Because it was in trouble as most steel mills in the country were.

Because they saw a pile of assets they could loot. Hedge funds are good for that. Buy up a company, loot it for everything they can, fob it off on some other snook. Screw the workers in the process.

The hilarious thing, is watching "Battered Housewife Conservatives" defend it.

View attachment 252230

The plant was bleeding money and FYI those people's pensions were covered by insurance

And what do you think would have happened if Bain didn't but it and the plant shut down even sooner?

This has nothing to do with liberal or conservative it's just plain old business and accounting.

 

[anynameyouwish]

Let's cut to the chase.....that "holy book" is the basis for our nation, and referenced in our founding documents.

So what? They also defecated in chamber pots, thought bleeding was a valid medical treatment, and owned other human beings as property. I think we should stop citing them as an authority on much of anything.

So in your quest for government small enough to fit in a lady's who-ha, the real practicality is women will have abortions no matter what the law is. They aren't difficult to perform, and no jury would ever convict a woman of having one.

"So in your quest for government small enough to fit in a lady's who-ha,"

She only wants the government to leave her and conservatives/christians alone. She has no problem with a BIG GOVERNMENT to oppress liberals, gays, atheists, muslims, pot, abortion.....


you can't DEMAND "something be done" about all these things without a BIG GOVERMENT to do it (or.....white robed conservatives with pitchforks and ropes in the middle of the night)

 

[PoliticalChic]

Let's cut to the chase.....that "holy book" is the basis for our nation, and referenced in our founding documents.

So what? They also defecated in chamber pots, thought bleeding was a valid medical treatment, and owned other human beings as property. I think we should stop citing them as an authority on much of anything.

So in your quest for government small enough to fit in a lady's who-ha, the real practicality is women will have abortions no matter what the law is. They aren't difficult to perform, and no jury would ever convict a woman of having one.

"So in your quest for government small enough to fit in a lady's who-ha,"

She only wants the government to leave her and conservatives/christians alone. She has no problem with a BIG GOVERNMENT to oppress liberals, gays, atheists, muslims, pot, abortion.....


you can't DEMAND "something be done" about all these things without a BIG GOVERMENT to do it (or.....white robed conservatives with pitchforks and ropes in the middle of the night)

links that prove your lies????


None.


Here's what you just proved, my summary of Liberals:


Lies are their way of life.

It is essential to recognize that the word has 'lie' has two different meaning to the Left and to the Right.
When applied to the Right, it is taken as an insult, to be responded to, to be proven incorrect.
To the Left it is to be shrugged at, an acceptable mode of debate.
They don't care if they are known to be liars. You'll see that time and again in their posts.

 

[JoeB131]

The plant was bleeding money and FYI those people's pensions were covered by insurance

And what do you think would have happened if Bain didn't but it and the plant shut down even sooner?

This has nothing to do with liberal or conservative it's just plain old business and accounting.

Yeah, same old story... Working people get screwed, rich people get rich, but 'it's only business". Another Battered Housewife Republican making excuses for his abusers...

 

[Blues Man]

The plant was bleeding money and FYI those people's pensions were covered by insurance

And what do you think would have happened if Bain didn't but it and the plant shut down even sooner?

This has nothing to do with liberal or conservative it's just plain old business and accounting.

Yeah, same old story... Working people get screwed, rich people get rich, but 'it's only business". Another Battered Housewife Republican making excuses for his abusers...

The plant was going under anyway.
And yes it is only business.

Do you think a business owner should keep losing money because of a failing business so people don't lose their jobs?

 

[JoeB131]

The plant was going under anyway.
And yes it is only business.

Do you think a business owner should keep losing money because of a failing business so people don't lose their jobs?

Again, you should look into the background of GS Steel.. it wasn't like that at all.

It was another case of a hedge fund looting a company.

Again, another battered housewife republican, making excuses for his abuser.

 

[Blues Man]

The plant was going under anyway.
And yes it is only business.

Do you think a business owner should keep losing money because of a failing business so people don't lose their jobs?

Again, you should look into the background of GS Steel.. it wasn't like that at all.

It was another case of a hedge fund looting a company.

Again, another battered housewife republican, making excuses for his abuser.

They were bleeding money

 

[JoeB131]

They were bleeding money

Darn straight. Those Car elevators and Dressage Horses were expensive!

 

[Blues Man]

The plant was going under anyway.
And yes it is only business.

Do you think a business owner should keep losing money because of a failing business so people don't lose their jobs?

Again, you should look into the background of GS Steel.. it wasn't like that at all.

It was another case of a hedge fund looting a company.

Again, another battered housewife republican, making excuses for his abuser.

30 companies Mitt Romney's Bain Capital invested in from 1986-1998 | Deseret News

B.C. Huselton, vice president of the business at the time, told The Wall Street Journal that the plant would have folded in 1993 if Bain hadn't come in. The company went bankrupt two years after Romney left Bain.

Maybe you should take your own advice

 

[Blues Man]

They were bleeding money

Darn straight. Those Car elevators and Dressage Horses were expensive!

MAn it must be tough to be so jealous of everyone who has more than you do

 

[JoeB131]

B.C. Huselton, vice president of the business at the time, told The Wall Street Journal that the plant would have folded in 1993 if Bain hadn't come in. The company went bankrupt two years after Romney left Bain.

Maybe you should take your own advice

Guy, I've been in enough companies where the Hedge Fund assholes have come in, cut everything, looted whatever wasn't nailed down and then fobbed the company off on someone else. That's all Bain did. They don't build companies, they loot them.

The Weird Mormon Robot said,"Look at my business record."

And funny thing happened, we did.

 

[Blues Man]

B.C. Huselton, vice president of the business at the time, told The Wall Street Journal that the plant would have folded in 1993 if Bain hadn't come in. The company went bankrupt two years after Romney left Bain.

Maybe you should take your own advice

Guy, I've been in enough companies where the Hedge Fund assholes have come in, cut everything, looted whatever wasn't nailed down and then fobbed the company off on someone else. That's all Bain did. They don't build companies, they loot them.

The Weird Mormon Robot said,"Look at my business record."

And funny thing happened, we did.

View attachment 252496

Not accepting the facts is a sign of delusion

And the company was going to close anyway

I guess you think it would have been better to just board it up and let all the equipment rust away to nothing and to leave the steel mill on the land to become an eyesore

 

[JoeB131]

Not accepting the facts is a sign of delusion

And the company was going to close anyway

I guess you think it would have been better to just board it up and let all the equipment rust away to nothing and to leave the steel mill on the land to become an eyesore

Except today it is boarded up, the equipment is rusting away and it's an eyesore.

But Mitt got a Car Elevator! that's the important thing.

 

[Blues Man]

Not accepting the facts is a sign of delusion

And the company was going to close anyway

I guess you think it would have been better to just board it up and let all the equipment rust away to nothing and to leave the steel mill on the land to become an eyesore

Except today it is boarded up, the equipment is rusting away and it's an eyesore.

But Mitt got a Car Elevator! that's the important thing.

Is it?

And it makes no difference because the plant would have closed even sooner if Bain hadn't bought it.

You seem to think that businesses just magically continue in perpetuity whether or not they make money

 

[JoeB131]

Is it?

And it makes no difference because the plant would have closed even sooner if Bain hadn't bought it.

You seem to think that businesses just magically continue in perpetuity whether or not they make money

What I've found is that businesses only fail when their leadership fails. GS Steel was around for 100 years, until the Bain vulture Capitalists found it.

 

[Blues Man]

Is it?

And it makes no difference because the plant would have closed even sooner if Bain hadn't bought it.

You seem to think that businesses just magically continue in perpetuity whether or not they make money

What I've found is that businesses only fail when their leadership fails. GS Steel was around for 100 years, until the Bain vulture Capitalists found it.

Well you are wrong.

Changing markets as what happened with that steel mill can kill a business lets not forget some of the other external factors like that steel mill you say was so profitable even though it wasn't lost its primary energy provider and was forced to source much more expensive power from out of state.

You don't know 1% of what you think you do

And FYI it was already in trouble when Bain found it the only reason it stayed open as long as it did was the infusion of venture capital

 

[JoeB131]

Well you are wrong.

Changing markets as what happened with that steel mill can kill a business lets not forget some of the other external factors like that steel mill you say was so profitable even though it wasn't lost its primary energy provider and was forced to source much more expensive power from out of state.

Yeah, yeah, it's everyone else's fault except Mitt's.

Obama ad claims Romney, Bain left misery in wake of GST Steel takeover

After its initial $8 million investment, the new company issued $125 million in bonds — paying $65 million to stockholders in 1994, according to GS Technologies Operating Co. filings with the Securities and Exchange Commission. Bain collected a $36.1 million dividend, according to Reuters.

GS Technologies announced plans to spend $98 million modernizing the Kansas City plant and in 1995, issued another $125 million in bonds to pay for a merger with another wire rod maker in South Carolina. Bain reinvested $16.5 million of its earlier dividend, Reuters wrote.

GST’s total debt in 1995: $378 million.

The L.A. Times said Bain invested a total of $24 million in the entire steel company deal (including the merger in South Carolina) and ended up with a $50 million return -- "a 100 percent gain."

Reuters also noted that Romney continued receiving dividends from Bain after he left, and Bain collected $900,000 a year from the steel company for management consulting services through 1999.

 

[Blues Man]

Well you are wrong.

Changing markets as what happened with that steel mill can kill a business lets not forget some of the other external factors like that steel mill you say was so profitable even though it wasn't lost its primary energy provider and was forced to source much more expensive power from out of state.

Yeah, yeah, it's everyone else's fault except Mitt's.

Obama ad claims Romney, Bain left misery in wake of GST Steel takeover

After its initial $8 million investment, the new company issued $125 million in bonds — paying $65 million to stockholders in 1994, according to GS Technologies Operating Co. filings with the Securities and Exchange Commission. Bain collected a $36.1 million dividend, according to Reuters.

GS Technologies announced plans to spend $98 million modernizing the Kansas City plant and in 1995, issued another $125 million in bonds to pay for a merger with another wire rod maker in South Carolina. Bain reinvested $16.5 million of its earlier dividend, Reuters wrote.

GST’s total debt in 1995: $378 million.

The L.A. Times said Bain invested a total of $24 million in the entire steel company deal (including the merger in South Carolina) and ended up with a $50 million return -- "a 100 percent gain."

Reuters also noted that Romney continued receiving dividends from Bain after he left, and Bain collected $900,000 a year from the steel company for management consulting services through 1999.

Yes an ad from a PAC is 100% reliable

ARe you really led that easily?

 

[JoeB131]

Yes an ad from a PAC is 100% reliable

ARe you really led that easily?

It's not a PAC. It's a fact checking website.

But that's okay, ignore the information posted about how Bain looted the place.