Rolling Stone Exposes Bain and Romney...

[blastoff]

Robmomey is a corporate raider.

that is a fact

And you are a poorly educated nitwit.

That is a fact.

 

[kaz]

Mitt Romney was a corporate raider

Everyone already knows Obama's got the welfare whore vote locked up, so since you're not in play, what you say just doesn't make any difference, does it?

 

[kaz]

Corporate raider.

The driving force was not jobs it was CASH.

So when someone starts a business, you seriously think they are not thinking they want to make money, they are thinking they want to create jobs?

At least when we create companies we want to work for it. When you send Obama in to plunder us your objective is not working for it.

 

[GHook93]

If he would have done just a tiny bit of what they claimed he did, then he would have been in business from 1986 to 1990 (NOT FOR DECADES)!!! See what liberal douche bags don't understand is if you buy a struggling company you have to reorganize it (usually starts with down-sizing, because if the cash flow was positive you could move right to growth), but if you are going to resell it at a profit you have to show growth, prospective future and A REVENUE STREAM.

The process:
(1) Buy a struggling company, many times close to BK and liquidation at a good price.
(2) Reorganize and get finances and DEBT under control.
(3) Once finances and debt are under-control and the company SHOW POSITIVE CASH FLOW, it's time for expansion and growth.
(4) The in the black company starts to grow and expand at a smart and healthy rate.
(5) Once the company has expanded (most of the time to much larger than what it was when it was first purchased by the venture capitalist - See Staples or Pepsi), shows POSITIVE CASH FLOW, low debt to revenue and low debt to asset ratios, good prospects for the future, the venture capitalist sells it off at a nice profit!

See liberal assholes believe there are just millions of gulliable buyers out their and they will buy a company that is debt ridden and bankrupt. Not the case! These investors look at everything from debt, to cash flow, market share, assets, profitability, 5 and 10 year performances, market trends, competition etc. A venture capitalist might doop some, but then they get blackballed and scarlet lettered. They are out of business in a few years. Bain ran from decades. No way in hell he did this.

Another liberal lie, because they hate capitalism.

This is the same magazine that praised Van Jones as one of the most important Americans in the country (and that was after he was removed from the Obama administration)!

Neg

 

[GHook93]

So in other words, they are absolutely lying and thats why you like the article.

Please point out what they got wrong in the article.

I'm still reading it, but it's really kind of the stuff that people who actually studied Bain have known for years.

If he did as they said and just borrowed and and borrowed, then (1) who is going to buy the debt ridden company. You think people who shove out tens of millions of dollars don't do their homework and don't look at debt? If you believe that then you are dumber than I thought (and I previously thought you were half-retarded); and (2) If he did this, then what bank in their right mind would continue to lend to him. Unlike home loans, banks have always done their due dilligence in commercial lending.

This story is a fabrication based on lies, what-ifs and make believe sources!

 

[GHook93]

when Romney chose his running mate, Rep. Paul Ryan of Wisconsin – like himself, a self-righteously anal, thin-lipped, Whitest Kids U Know penny pincher who'd be honored to tell Oliver Twist there's no more soup left.

Read more: Greed and Debt: The True Story of Mitt Romney and Bain Capital | Politics News | Rolling Stone

Such classy journalism? You think with that opinion in the opening, there is going to be a shred of truth in this article. I am sure this fool is going lie, misrepresent and doesn't have a CLUE of the economic dynamic he is discussing!

 

[Luddly Neddite]

LOL, rolling stone talking about GREED, yet they push their patheic magazine on people TO MAKE MONEY

you can't make this shit up

Stephanie just HATES capitalism. If Rolling Stone was free, she'd believe every word.

============

Why is it the rw's have lots of dumb insults but can't offer up even one fact?

Oh wait - they're just copying what they've been watching on the convention.

 

[LogikAndReazon]

LOL

Rolling Stone............."Politics" for face metaled, tramp stamped, patchouli stinking, teenage stoners.... "Inquiring minds want to know........."

 

[Avatar4321]

Corporate Raider.

The driving force was not jobs it was CASH.

quit pretedning he was doing missionary work.

That is NOT what caplitalism is about is it

Um Duh! You don't start a business to create jobs. You start a business to make a profit so that you can provide for yourself and family. Unless you have a plan to make a profit, you can't hire anyone because there will be no money expand your opporations. Jobs are created when someone sees a way to provide a good or service to others for a profit and then takes a risk on that chance.

Without profit there are no jobs. At least not outside the government.

 

[emptystep]

This story real needed to be retold in a pre-chewed manner for those who really don't understand the concept of OPM (other people's money).

 

[Avatar4321]

LOL, rolling stone talking about GREED, yet they push their patheic magazine on people TO MAKE MONEY

you can't make this shit up

Stephanie just HATES capitalism. If Rolling Stone was free, she'd believe every word.

============

Why is it the rw's have lots of dumb insults but can't offer up even one fact?

Oh wait - they're just copying what they've been watching on the convention.

Not our fault when you cant see facts that are obvious.

 

[Avatar4321]

This story real needed to be retold in a pre-chewed manner for those who really don't understand the concept of OPM (other people's money).

We arent talking about governments oppressive taxation

 

[emptystep]

This story real needed to be retold in a pre-chewed manner for those who really don't understand the concept of OPM (other people's money).

We arent talking about governments oppressive taxation

Unfortunately you have no idea what you are talking about.

 

[emptystep]

Here's Danny DeVito explaining how Bain Capital operates. (Danny is the greatest. You really got to watch to the whole movie, an absolute classic.)
[ame=http://www.youtube.com/watch?v=yypj-aYtp9c]Danny DeVito Explaining Value Investing -- Benjamin Graham Style (Other People's Money) - YouTube[/ame]

 

[Avatar4321]

This story real needed to be retold in a pre-chewed manner for those who really don't understand the concept of OPM (other people's money).

We arent talking about governments oppressive taxation

Unfortunately you have no idea what you are talking about.

Yeah. I do. We are talking about Romney and his partners investing their time, money, and talents, into building a useful and successful company and you demonizing it by claiming the are cheats when nothing is further from the truth.

80% of the failing businesses they have invested in became successful. Without Bain those people would be out of work. Of the ones that didnt make it, Bain allowed them to stay open longer than what they could otherwise do.

They took risk and they succeeded.

The only people dealing with other peoples money is our politicians. They take our money by force so they can give themselves cushy jobs, hand out benefits to their friends and grow fat on the tax payers time. All while pretending to care and help others.

Robbing Peter to Pay Paul isn't charity, it's theft. It's immoral and it's wrong.

 

[Full-Auto]

A great article on how Mitt Romney really made his money. Screwing working folks and leaving others with the bill.

And this is where we get to the hypocrisy at the heart of Mitt Romney. Everyone knows that he is fantastically rich, having scored great success, the legend goes, as a "turnaround specialist," a shrewd financial operator who revived moribund companies as a high-priced consultant for a storied Wall Street private equity firm. But what most voters don't know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America's top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth.



Read more: Greed and Debt: The True Story of Mitt Romney and Bain Capital | Politics News | Rolling Stone

Well look here the BIG GOVERNMENT repubocrat. Defending democrats at every turn while claiming...No Im not........

 

[kaz]

OMG, Rolling Stone LAID OFF WORKERS! They care about money, not JOBS!

http://www.poynter.org/latest-news/mediawire/177923/rollingstone-com-lays-off-staffers/

I'm running in circles now grabbing my head like my hear is in fire and screaming WTF! WTF!

 

[JoeB131]

The first three pages is some of the stupidest propaganda I have read in a long time. Thanks for wasting my time.

Did you need someone to help you with the big words?

 

[JoeB131]

A great article on how Mitt Romney really made his money. Screwing working folks and leaving others with the bill.

And this is where we get to the hypocrisy at the heart of Mitt Romney. Everyone knows that he is fantastically rich, having scored great success, the legend goes, as a "turnaround specialist," a shrewd financial operator who revived moribund companies as a high-priced consultant for a storied Wall Street private equity firm. But what most voters don't know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America's top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth.



Read more: Greed and Debt: The True Story of Mitt Romney and Bain Capital | Politics News | Rolling Stone

Well look here the BIG GOVERNMENT repubocrat. Defending democrats at every turn while claiming...No Im not........

I guess I'm having a hard time why you are upset when some welfare queen gets hundreds and Romney takes millions from the taxpayer.

So if the larceny is over a certain level, you're good with it?

 

[JoeB131]

How dare business ventures profit someone! Scandalous!

What complete leftist hooey.

No. Wrong. Doing. This chapter is finished.

So that means you are okay with Abortion Clinics now, because they make money.... gobs of it.