Warren Buffet has liquidated companies too, just like Bain.

Discussion in 'Politics' started by Conservative, May 24, 2012.

  1. Conservative
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    Conservative Type 40

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    excerpt from the 1985 Berkshire Hathaway Shareholder letter where he describes the shutdown of the textile operations...

    T&T Capital Management: 1985 Berkshire Hathaway textiles versus 2011 Sears Holdings

    Sounds exactly like what Bain Capital does. If it works and is profitable, it stays. If it doesn't work and is not profitable, it goes.

    Of course, Warren Buffet isn't running against Barack Obama, so he's not an evil, greedy, leech. Right, libtards???
     
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  2. RightWingFerret
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    the rats dont want to talk about the 95% sucsess Romney had in Baines Capitol. So typical of rats,,,just look up the one company out of 350 that went under and Blame Romney for it!! even though he left Baine 2 years ago.
     
  3. gallantwarrior
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    Warren Buffet has paid millions into the Dem's "war chests", and even more into the obamafunddrive. What did Bain Capital ever do for Dem's?
     
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  4. uscitizen
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    Of course Buffet has. He is a corporatist as well.
    Do not be divided by the good corporatist/bad corporatist game. It is just that a diversionary game.
     
  5. Lakhota
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  6. NYcarbineer
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    NYcarbineer Diamond Member

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    I won't vote for him then. Happy now?
     
  7. Dick Tuck
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    What he didn't do is saddle the company with unsustainable debt, rape the loans for Berkshire, and put the company in a position that it couldn't survive. Any cases where he underfunded their workers pension plans?
     
  8. LeftofLeft
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    Obama just hates it when White People make a profit,,,if Romney was a black democrat, he would be prasing him just like when he praises chicken,ribs and dogs.
     
  10. LeftofLeft
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    Government Motors made the same painful decision as Bain Capital by shutting down under-performing GM dealerships throughout the country. What is the difference? .....especially you Liberals who celebrate the "General Motors is still alive" ?
    Did you ever thing about the mechanics, office managers, and salespeople who lost their livelihood so that The Union could be saved?
     

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