Romney on "Crony Capitalism?" ... hahahahahahaha .....

Discussion in 'Politics' started by gonewt2012, Jan 19, 2012.

  1. gonewt2012
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    gonewt2012 Rookie

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    O.k., so you buy a company, you load it up with debt, and walk out with big profits.

    Let's just set aside the fact for a moment that you've done ABSOLUTELY NOTHING to contribute to the well being of your fellow man, and essentially have engaged in an act of parasitism ....

    Who is it that suffered when that company bit the dust?

    Look there and then you have a more important question ... one that puts the absolute and complete hypocrisy of Romney's recitation of the term "Crony Capitalism" this evening in the bright light of the sun ---

    How did you get banks to loan you the money to load the company with debt to begin with?

    Is it, perhaps, because you know powerful people well-placed within the bank whom you've greased with gifts, favors and maybe even out and out bribes over the years?

    Hell, that V.P. or CFO or CEO or that cadre of corporate officers who are in your pocket ... hell ... it's not like it's THEIR money .. right?
     
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  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    You really dont understand what venture capital does do you?
     
  3. gonewt2012
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    gonewt2012 Rookie

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    Perhaps you should follow that up with sticking your tongue out at me and sing-songing "nay-yay nay-yay yay!" ....
     
  4. Oddball
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    Oddball BANNED Supporting Member

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    I guess we can score the answer to the question a big NO. :lol:
     
  5. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Why would I treat you disrespectfully like that? If I wanted to do that, Id go to the flame zone and make fun of some of the less sane members of the board.
     
  6. gonewt2012
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    gonewt2012 Rookie

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    Sorry, but I just can't take you seriously, because the situation I described, which very likely reflects the reality of the cases that Gingrich has singled out, bears no relationship with the concept of VC ... unless you've got some sort of unconventional definition of the term.
     
  7. g5000
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    g5000 Diamond Member

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    If you believe what you see in a PAC TV ad, you deserve to be lied to.

    For example, AmPad. Newt's rich buddy gets a few sorry looking ex-employees who talk about losing their jobs to illustrate that Romney is all about "profits before people".

    So Newt's going the marxist route. Amazing.

    But here's the thing. When Bain Capital bought AmPad in 1991, it had less than $9 million in annual revenues. Five years later, it had $200 million in annual revenues.

    Good luck seeing that in the propaganda piece.

    AmPad later went bankrupt and the hit piece does its best to lead you to believe this was somehow Mitt's fault.

    But do you know what kind of company AmPad is?

    I say "is" because AmPad is still around. Surpiiiiiiise!!!! Bet you didn't now that, either.

    AmPad makes note pads and envelopes. Stationery.

    Now stop and think for a minute. Hmmmmm. Late 90s. Things start going downhill for AmPad.

    What else was going on back then?

    OH! FUCK! THE INTERNET!

    EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeeee-MAIL!!!!

    How often have you used stationery since the dawn of the internet and electronic bill paying?

    You think THAT might have to do with why a stationery company floundered?

    Ever hear of the US Postal Service? Maybe you have heard they are also suffering from the dramatic drop in snail mail. They are broke, too.


    Put down the bong. Stop drinking Newt's piss from it. He's off the reservation, spouting marxist propaganda, saying Free Enterprise is an evil thing. Saying rich people aren't taxed enough.

    Think about that. He's saying rich people aren't taxed enough. He is playing the class warfare card.

    Incredible.
     
    Last edited: Jan 19, 2012
  8. gonewt2012
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    gonewt2012 Rookie

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    The abstract situation that I described has as much to do with "Free Enterprise" as when Paulson piped those billions through AIG's lifeless corpse so that his buddies at GS could get their '08 bonuses.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Companies tht sepecialized on breaking up companies who break up value was larger than their value as a going concern thrived in the 80s.

    Often the whole point was to raid the workers pension funds.
     
  10. JoeB131
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    JoeB131 Diamond Member

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    That's your response? Really?
     

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