Rolling Stone Exposes Bain and Romney...

[Freewill]

Here is another great Rolling Stone article, tells about how the incompetent President and staff fuped the oil spill.

The Spill, The Scandal and the President | Politics News | Rolling Stone

As for the article in the OP, more class warfare more of the Obama push un-success tour.

 

[Wry Catcher]

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

you can't make this shit up

Stupid comment by a stupid fool.

 

[Eaglewings]

And your a licensed counselor to say that at the time of his mothers death, some mormon's bullied him, it doesn't justify it.
I am a licensed counselor and guess what ..it does, he has to learn to forgive but who are you to say that what happened at his mothers burial is not trauma enough.

Animals do it too, once someone hurts them bad they know to stay away.

A black guy killed my father 30 years ago. Now I hate all blacks. I won't have anything to do with them. I won't do business with them. I avoid them at all costs. And I've been carrying this hatred for 30 years. I'm 50 years old.


You, as a counselor, think this is OK?

I am sorry to hear this..I grew up in a violent home and dragged some hatred with me too. But in order to free ourselves we have to forgive them. Not that what they did was ok, but it is freeing ourselves.
Also its ok to distance yourself, I would not call that being a bigot. Someday you may befriend a black person and find that it was the person not the race or in Joe's case religion.

 

[Yurt]

Its the mans whole business record you fool

Yeah. Taking failing businesses and turning them into thriving ones is his whole business record. It's precisely his ability to take failing institutions and revive them that makes him so valuable as a Presidential Candidate because our nation is failing and we need someone experienced there to turn it around.

So please continue talking about his whole business record. It's just going to bury Obama.

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

another example of a truthmatters lie.

he never said his work at bain was missionary work

saved truthmatters lied again

 

[Toro]

Why do you keep bringing up race to defend a life-philosophy.

Because it's bigotry, no matter how much you rationalize it.

Bigotry is the state of mind of a bigot, defined by Merriam-Webster as "a person obstinately or intolerantly devoted to his or her own opinions and prejudices; especially: one who regards or treats the members of a group (as a racial or ethnic group) with hatred and intolerance".[1] Bigotry may be based on real or perceived characteristics, including age, disability, dissension from popular opinions, economic status, ethnicity, gender identity, language, nationality, personal habits, political alignment, race, region, religious or spiritual belief, sex, species, or sexual orientation. Bigotry is sometimes developed into an ideology or world view.

Bigotry - Wikipedia, the free encyclopedia

 

[Wry Catcher]

So if there only one lifeboat which could save the lives of 10 people, but there are 20 on a ship, captain joe would torpedo the boat. So would the rest of your baa, baa Democrat friends. You've made this point before.

I would try to keep the ship afloat.

Romney would loot the cargo bay of all the valuables and let everyone drown.

And in some cases, the reason why the boat is sinking to start with is because Romney loaded it down with too much debt, forcing the companies to either fire people or go bankrupt. Either way, Bain made money, and the workers paid.

Typical Democrat, the more you have no clue what you're talking about, the more sanctimonious you are about it.

Ad hominem attack by a right wing fool.

 

[AmericanFirst]

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

No credibility there. A pot heads newspaper, still full of crap.

 

[AmericanFirst]

I would try to keep the ship afloat.

Romney would loot the cargo bay of all the valuables and let everyone drown.

And in some cases, the reason why the boat is sinking to start with is because Romney loaded it down with too much debt, forcing the companies to either fire people or go bankrupt. Either way, Bain made money, and the workers paid.

Typical Democrat, the more you have no clue what you're talking about, the more sanctimonious you are about it.

Ad hominem attack by a right wing fool.

The fools are all on the left.

 

[Toro]

And your a licensed counselor to say that at the time of his mothers death, some mormon's bullied him, it doesn't justify it.
I am a licensed counselor and guess what ..it does, he has to learn to forgive but who are you to say that what happened at his mothers burial is not trauma enough.

Animals do it too, once someone hurts them bad they know to stay away.

A black guy killed my father 30 years ago. Now I hate all blacks. I won't have anything to do with them. I won't do business with them. I avoid them at all costs. And I've been carrying this hatred for 30 years. I'm 50 years old.


You, as a counselor, think this is OK?

I am sorry to hear this..I grew up in a violent home and dragged some hatred with me too. But in order to free ourselves we have to forgive them. Not that what they did was ok, but it is freeing ourselves.
Also its ok to distance yourself, I would not call that being a bigot. Someday you may befriend a black person and find that it was the person not the race or in Joe's case religion.

I was using an analogy. A black guy didn't kill my father. I don't hate black people. I've lectured at a black college and have hired many black people.

But Mormons were mean to Joe when his mother died. And 30 years later, he still hates them because they're Mormons.

 

[Dot Com]

 

[JoeB131]

Why do you keep bringing up race to defend a life-philosophy.

Because it's bigotry, no matter how much you rationalize it.
Bigotry - Wikipedia, the free encyclopedia

Wow...using Wiki to make a point. Now I know you're desperate.

Tell me why my dislike of LDS beliefs is wrong without mentioning any other group, race, ethnicity or profession....

Then you might win me over.

Other than that, it's just a weird cult started by a con man who wanted to have sex with teenage girls.

 

[JoeB131]

I was using an analogy. A black guy didn't kill my father. I don't hate black people. I've lectured at a black college and have hired many black people.

But Mormons were mean to Joe when his mother died. And 30 years later, he still hates them because they're Mormons.

No, I hated them because they were assholes in general. They also liked to fuck with the black kids in that platoon, none of whom lost a parent as far as I knew.

 

[Papageorgio]

Why do you keep bringing up race to defend a life-philosophy.

Because it's bigotry, no matter how much you rationalize it.

Bigotry is the state of mind of a bigot, defined by Merriam-Webster as "a person obstinately or intolerantly devoted to his or her own opinions and prejudices; especially: one who regards or treats the members of a group (as a racial or ethnic group) with hatred and intolerance".[1] Bigotry may be based on real or perceived characteristics, including age, disability, dissension from popular opinions, economic status, ethnicity, gender identity, language, nationality, personal habits, political alignment, race, region, religious or spiritual belief, sex, species, or sexual orientation. Bigotry is sometimes developed into an ideology or world view.

Bigotry - Wikipedia, the free encyclopedia

You can't use logic to counter balance emotion, especially hate. It is a losing game, he can't see beyond his narrow minded views.

 

[Toro]

Anyways, we've had this "Joe is a bigot" discussion many times.

Matt Taibbi is a lying douchebag who has an agenda. Read everything he writes with a huge grain of salt.

 

[JoeB131]

Anyways, we've had this "Joe is a bigot" discussion many times.

.

Yes, we've had this discussion many times... and it always ends with you trying to claim I also hate other groups rather than addressing my issues with the Latter Day Saints Cult.

Okay, tell me why my disdain for the LDS and their beliefs is wrong WITHOUT REFERENCING ANY OTHER GROUP.

Should be simple enough.

 

[Dot Com]

I read this book by Matt. Very well researched:

Griftopia - Wikipedia, the free encyclopedia

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America is a 2010 book by the political journalist Matt Taibbi about the events that led to the financial crisis of 2008.
It argues that the crisis was not an accident of the free market but the result of a complex and on-going politico-financial process taking place in the United States whereby wealth and power is transferred to a super-rich "grifter class" that holds a grip on the political process. The book has been described as a "necessary ... corrective" of the assertion that bubbles are inevitable in the market system,[1] and contests the notion that the greed of the American consumer was a primary cause of the problem.[2]
Taibbi maintains that “all of us, conservatives and progressives, are being bled dry by a tiny oligarchy of extremely clever criminals and their castrato henchmen in government.”

 

[Papageorgio]

I read this book by Matt. Very well researched:

Griftopia - Wikipedia, the free encyclopedia

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America is a 2010 book by the political journalist Matt Taibbi about the events that led to the financial crisis of 2008.
It argues that the crisis was not an accident of the free market but the result of a complex and on-going politico-financial process taking place in the United States whereby wealth and power is transferred to a super-rich "grifter class" that holds a grip on the political process. The book has been described as a "necessary ... corrective" of the assertion that bubbles are inevitable in the market system,[1] and contests the notion that the greed of the American consumer was a primary cause of the problem.[2]
Taibbi maintains that “all of us, conservatives and progressives, are being bled dry by a tiny oligarchy of extremely clever criminals and their castrato henchmen in government.”

Wasn't Wikipedia just panned by liberals a couple posts ago?

I guess Wikipedia is okay if it fits the agenda.

 

[bripat9643]

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.

Here's a revealing comment from your article that demonstrates the mentality of the author:

But the way Romney most directly owes his success to the government is through the structure of the tax code. The entire business of leveraged buyouts wouldn't be possible without a provision in the federal code that allows companies like Bain to deduct the interest on the debt they use to acquire and loot their targets. This is the same universally beloved tax deduction you can use to write off your mortgage interest payments, so tampering with it is considered political suicide

In the first place, it's not the same thing as your mortgage interest deduction. Your mortgage is a personal expense, not a business expense.

So the author apparently believes that businesses should not be allowed to deduct legitimate business expenses from their gross revenue. If deducting interest expenses is a scam, then how about employee benefits? How is that any more legitimate? How about rent on their office space? How about the electric bill? This moron doesn't seem to understand that when you put gas in your personal car, it's a personal expense, but when you put gas in a company vehicle, then it's a business expense.

This guy is obviously a Marxist moron who doesn't know the slightest thing about economics or the slightest thing about tax law. Given the ignorance he displays here, why should anyone take anything he says about Mitt Romney and Bain Capital seriously?

It's obvious that you're also an ignoramus since you find this brand of Marxist swill so convincing.

 

[bripat9643]

Well, no, guy, not even close.

Being a Mormon is a choice. When a Mormon wakes up one day and says, "Joseph Smith wasn't talking to God and my underwear isn't the least bit magic", he makes a choice to stop being stupid. And he's no longer a Mormon.

A black can't stop being black, and a Jewish person is still Jewish even if he becomes an atheist or joins "Jews for Jesus".... SO they really aren't the same things at all.

Mormons are dicks because their whole religion is based on dickery and lies. Period. They are the ones who've divided the world into "Saints" and "Gentiles". I didn't do that. They are the ones whose "Scriptures" call all other religions "an abomination".

They just don't hold the basic decency the rest of us hold. I've been waiting 30years for a Mormon to prove to me my initial opinion of them was wrong.

And since you want to be a lowlife and bring my dead mom into this, she was from that part of Missouri where they chased the MOrmons out at gunpoint. She knew they were no good and I never understood why.... until I met some.

A Muslim can stop being a Muslim, and Islam is a particularly irrational brutish religion. Do you believe it's OK if we run them all out of the country at gunpoint?

 

[courseofhistory]

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

More from the link!

And like other great presidential double-talkers such as Bill Clinton and George W. Bush, Romney has shown particular aptitude in the area of telling multiple factual versions of his own life story. "I longed in many respects to actually be in Vietnam and be representing our country there," he claimed years after the war. To a different audience, he said, "I was not planning on signing up for the military. It was not my desire to go off and serve in Vietnam."

Romney and Bain avoided the hostile approach, preferring to secure the cooperation of their takeover targets by buying off a company's management with lucrative bonuses. Once management is on board, the rest is just math. So if the target company is worth $500 million, Bain might put down $20 million of its own cash, then borrow $350 million from an investment bank to take over a controlling stake

But here's the catch. When Bain borrows all of that money from the bank, it's the target company that ends up on the hook for all of the debt. Now your troubled firm – let's say you make tricycles in Alabama – has been taken over by a bunch of slick Wall Street dudes who kicked in as little as five percent as a down payment. So in addition to whatever problems you had before, Tricycle Inc. now owes Goldman or Citigroup $350 million. With all that new debt service to pay, the company's bottom line is suddenly untenable: You almost have to start firing people immediately just to get your costs down to a manageable level...

What a guy!