Will Michael Douglas Play Mitt's Character

[Cammmpbell]

Gordon Gekko "Greed is Good" o/ - YouTube

Love this part.

Exactly! It's why so many rich men get caught dillying their dally. Primitive instincts cause a rich or powerful man to think he can have any woman or as many as he chooses. It's been proven way too many times.

Hence the need for regulation.

This speech should be required viewing at both the DNC and GOP.

You and I are on the same page. It is coincidently page one.

 

[LuxurySuit]

You're just too freaking stupid to realize that Bain Capital saves more jobs than it loses. Bain is in the business of making money, buying businesses and selling them is not as profitable as buying failing businesses and turning them around and selling them at a huge profit. I can point to hundreds of thousands of jobs saved by Bain that would have been lost if not for them buying the company. I understand that most libs on this board don't get simple math but try to figure it out.

 

[The Infidel]

After all....Romney's activities with Bain were exactly like those of a Wall Street investment firm buying companies in trouble, dumping them and laying everybody off

Hmm.... taxpayer money was used to do a similar thing with GM (by Obama).

Thousands lost their jobs, and many dealerships were shed to save union jobs and promote a failing electric toy car

Plus, in 'the movie' Wall Sreet the main players lied to accomplish their deeds

Stupid analogy

 

[California Girl]

Exactly! It's why so many rich men get caught dillying their dally. Primitive instincts cause a rich or powerful man to think he can have any woman or as many as he chooses. It's been proven way too many times.

Hence the need for regulation.

This speech should be required viewing at both the DNC and GOP.

You and I are on the same page. It is coincidently page one.

If that is the case, where is your outrage towards the Democrats who blocked Bush when he tried to regulate?

 

[Katzndogz]

You're just too freaking stupid to realize that Bain Capital saves more jobs than it loses. Bain is in the business of making money, buying businesses and selling them is not as profitable as buying failing businesses and turning them around and selling them at a huge profit. I can point to hundreds of thousands of jobs saved by Bain that would have been lost if not for them buying the company. I understand that most libs on this board don't get simple math but try to figure it out.

While all that is true, the liberal point is that failing businesses should have been forced to stay in business to provide jobs. At least for as long as possible.

Like the way democrats did with Solyndra.

Oh wait....

 

[Dot Com]

You're just too freaking stupid to realize that Bain Capital saves more jobs than it loses. Bain is in the business of making money, buying businesses and selling them is not as profitable as buying failing businesses and turning them around and selling them at a huge profit. I can point to hundreds of thousands of jobs saved by Bain that would have been lost if not for them buying the company. I understand that most libs on this board don't get simple math but try to figure it out.

Not according to Gingrich & his SuperPAC Thanks for ther oppo-research Newt

Gingrich-Allied Attack Film Shows Romney as ‘Ruthless’ Rich - Businessweek

Jan. 11 (Bloomberg) -- Mitt Romney is depicted as a financier “more ruthless than Wall Street” and a son of privilege responsible for firing thousands of workers in a film bankrolled by Newt Gingrich supporters set to be released today in South Carolina.

“Make a profit,” a laughing Romney is shown saying in the 28-minute film, obtained by Bloomberg News. “That’s what it’s all about, right?”

Entitled “When Mitt Romney Came to Town,” the film produced by Jason Killian Meath, a former Republican National Committee aide, is being funded by Winning Our Future, an organization run by longtime aides to Gingrich. Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp., and a Gingrich supporter, has given Winning Our Future $5 million to help air the film in South Carolina.

 

[Cammmpbell]

After all....Romney's activities with Bain were exactly like those of a Wall Street investment firm buying companies in trouble, dumping them and laying everybody off

Hmm.... taxpayer money was used to do a similar thing with GM (by Obama).

Thousands lost their jobs, and many dealerships were shed to save union jobs and promote a failing electric toy car

Plus, in 'the movie' Wall Sreet the main players lied to accomplish their deeds

Stupid analogy

Bush, Bernanke, Paulson et. al. are the ones who screamed to high heaven and bailed their buddies out in the fall of 2008. The first wave of that shit cost the taxpayers $750 billion. They saved the banks....Obama saved the employees who worked for GM. Incidently not a goddam bank employee ever lost the first bonus. I have a buddy who is a VP for Wachovia(Wells Fargo now) and his new manager came from San Francisco and personally presented his 2008 bonus. They never stopped doing the retreats, conventions, seminars etc. in luxurious hotels and high dollar sites. Not a one of their private jets was sold. We got phucked by Bush and his cronies.

 

[California Girl]

After all....Romney's activities with Bain were exactly like those of a Wall Street investment firm buying companies in trouble, dumping them and laying everybody off

Hmm.... taxpayer money was used to do a similar thing with GM (by Obama).

Thousands lost their jobs, and many dealerships were shed to save union jobs and promote a failing electric toy car

Plus, in 'the movie' Wall Sreet the main players lied to accomplish their deeds

Stupid analogy

Bush, Bernanke, Paulson et. al. are the ones who screamed to high heaven and bailed their buddies out in the fall of 2008. The first wave of that shit cost the taxpayers $750 billion. They saved the banks....Obama saved the employees who worked for GM. Incidently not a goddam bank employee ever lost the first bonus. I have a buddy who is a VP for Wachovia(Wells Fargo now) and his new manager came from San Francisco and personally presented his 2008 bonus. They never stopped doing the retreats, conventions, seminars etc. in luxurious hotels and high dollar sites. Not a one of their private jets was sold. We got phucked by Bush and his cronies.

If the banks had collapsed, the whole fucking country would have collapsed... ordinary Americans - millions upon millions of them - would have been wiped out. It was never about the banks, it was about saving Americans who would have lost everything. Apply some critical thought instead of partisan bullshit before forming opinions. Then you won't appear to be a total fucking idiot.

You did get 'phucked'... but it was by the whole fucking government. BOTH sides. How the hell you partisan morons cannot see that is beyond me. Seriously. Or maybe you're all just too scared to face the truth - that your own fucking side screwed you... and you kept begging for more.

 

[Flopper]

Romney did an excellent job at Bain. 70% of the companies they restructured went on to become successful and you can't win them all.

Link? Oh, and at what cost to their employees and communities?

Do you believe that a company should be kept up and running even when it is unprofitable just because it keeps the people working? For how long? Until it can't pay the employees anymore? Is employment just another form of welfare?

No, a company should not have to operate at a loss just to provide jobs. However, when a corporate takeover gobbles up a profitable company in order to increase profits by moving production abroad, shutting down operations to eliminate competition, or destroys the company by selling off assets, that's a problem.

 

[Mustang]

Hmm.... taxpayer money was used to do a similar thing with GM (by Obama).

Thousands lost their jobs, and many dealerships were shed to save union jobs and promote a failing electric toy car

Plus, in 'the movie' Wall Sreet the main players lied to accomplish their deeds

Stupid analogy

Bush, Bernanke, Paulson et. al. are the ones who screamed to high heaven and bailed their buddies out in the fall of 2008. The first wave of that shit cost the taxpayers $750 billion. They saved the banks....Obama saved the employees who worked for GM. Incidently not a goddam bank employee ever lost the first bonus. I have a buddy who is a VP for Wachovia(Wells Fargo now) and his new manager came from San Francisco and personally presented his 2008 bonus. They never stopped doing the retreats, conventions, seminars etc. in luxurious hotels and high dollar sites. Not a one of their private jets was sold. We got phucked by Bush and his cronies.

If the banks had collapsed, the whole fucking country would have collapsed... ordinary Americans - millions upon millions of them - would have been wiped out. It was never about the banks, it was about saving Americans who would have lost everything. Apply some critical thought instead of partisan bullshit before forming opinions. Then you won't appear to be a total fucking idiot.

You did get 'phucked'... but it was by the whole fucking government. BOTH sides. How the hell you partisan morons cannot see that is beyond me. Seriously. Or maybe you're all just too scared to face the truth - that your own fucking side screwed you... and you kept begging for more.

Yup.

I'm currently reading the book, "Confidence Men," by Ron Suskind. It starts about a year before the financial meltdown as the presidential campaign of Obama was starting. It continues after Obama's election.

The fact of the matter is that there were lots of people who contributed to the 2008 financial melt down. The banks (both commercial banks and investment banks), their lobbyists, both political parties, and both Republican and Democratic administrations, and a succession of men who went back and forth from being executives at Wall Street banks to high level gov't posts set the stage for what happened.

And if I had to bet, sooner or later, one way or another, it's going to happen again. After all, don't people remember the S&L crisis from the late 1980s and early 1990s? Of course, that was a drop in the bucket compared to what happened in 2008. But these Wall Street types don't really give a damn anyone else or the rest of the economy. They just walk away with the cash.

http://en.wikipedia.org/wiki/Savings_and_loan_crisis

As an aside, our former Secretary of the Treasury under Bush 43, Hank Paulson, walked away with a $700 MILLION compensation package by the time he left Goldman Sachs. Ponder that for a while!

 

[Katzndogz]

Link? Oh, and at what cost to their employees and communities?

Do you believe that a company should be kept up and running even when it is unprofitable just because it keeps the people working? For how long? Until it can't pay the employees anymore? Is employment just another form of welfare?

No, a company should not have to operate at a loss just to provide jobs. However, when a corporate takeover gobbles up a profitable company in order to increase profits by moving production abroad, shutting down operations to eliminate competition, or destroys the company by selling off assets, that's a problem.

That may have happened, but not to the companies that failed under Bain.

When a company is being leeched by workers and union demands and at the same time suffocated by taxes and regulations it is high time to move it out of the country. If the workers are unemployed, well, that's just too bad, they should have realized they were murdering the company by worker vampirism.

 

[Cammmpbell]

Do you believe that a company should be kept up and running even when it is unprofitable just because it keeps the people working? For how long? Until it can't pay the employees anymore? Is employment just another form of welfare?

No, a company should not have to operate at a loss just to provide jobs. However, when a corporate takeover gobbles up a profitable company in order to increase profits by moving production abroad, shutting down operations to eliminate competition, or destroys the company by selling off assets, that's a problem.

That may have happened, but not to the companies that failed under Bain.

When a company is being leeched by workers and union demands and at the same time suffocated by taxes and regulations it is high time to move it out of the country. If the workers are unemployed, well, that's just too bad, they should have realized they were murdering the company by worker vampirism.

Typical Republican bullschit!

I was around before unions, before OSHA, before EPA, Before hospitali ation, Before employee benefits, before any acceptable excuse to miss a days work. You have no idea how companies ran roughshod over their employees and many were injured or killed trying to start unions. Right now companies are only motivated by one thing....keep their employees satisfied enough that they won't vote in a union. If there were no unions things would digress to the same kind of company run bullschit which used to prevail in this country.

Republicans would like to do away with anything which costs them taxes. They will never be satisfied until none of their "HARD EARNED MONEY" is taken by the government. Phuck all of them. If they want to gain some degree of respectability let them at least start fighting and dying in some of their "Wars Of Choice!"

 

[Dot Com]

 

[California Girl]

No, a company should not have to operate at a loss just to provide jobs. However, when a corporate takeover gobbles up a profitable company in order to increase profits by moving production abroad, shutting down operations to eliminate competition, or destroys the company by selling off assets, that's a problem.

That may have happened, but not to the companies that failed under Bain.

When a company is being leeched by workers and union demands and at the same time suffocated by taxes and regulations it is high time to move it out of the country. If the workers are unemployed, well, that's just too bad, they should have realized they were murdering the company by worker vampirism.

Typical Republican bullschit!

I was around before unions, before OSHA, before EPA, Before hospitali ation, Before employee benefits, before any acceptable excuse to miss a days work. You have no idea how companies ran roughshod over their employees and many were injured or killed trying to start unions. Right now companies are only motivated by one thing....keep their employees satisfied enough that they won't vote in a union. If there were no unions things would digress to the same kind of company run bullschit which used to prevail in this country.

Republicans would like to do away with anything which costs them taxes. They will never be satisfied until none of their "HARD EARNED MONEY" is taken by the government. Phuck all of them. If they want to gain some degree of respectability let them at least start fighting and dying in some of their "Wars Of Choice!"

Typical Democrat bullshit.

 

[whitehall]

Let's say it together. It's only a movie.

 

[California Girl]

Bush, Bernanke, Paulson et. al. are the ones who screamed to high heaven and bailed their buddies out in the fall of 2008. The first wave of that shit cost the taxpayers $750 billion. They saved the banks....Obama saved the employees who worked for GM. Incidently not a goddam bank employee ever lost the first bonus. I have a buddy who is a VP for Wachovia(Wells Fargo now) and his new manager came from San Francisco and personally presented his 2008 bonus. They never stopped doing the retreats, conventions, seminars etc. in luxurious hotels and high dollar sites. Not a one of their private jets was sold. We got phucked by Bush and his cronies.

If the banks had collapsed, the whole fucking country would have collapsed... ordinary Americans - millions upon millions of them - would have been wiped out. It was never about the banks, it was about saving Americans who would have lost everything. Apply some critical thought instead of partisan bullshit before forming opinions. Then you won't appear to be a total fucking idiot.

You did get 'phucked'... but it was by the whole fucking government. BOTH sides. How the hell you partisan morons cannot see that is beyond me. Seriously. Or maybe you're all just too scared to face the truth - that your own fucking side screwed you... and you kept begging for more.

Yup.

I'm currently reading the book, "Confidence Men," by Ron Suskind. It starts about a year before the financial meltdown as the presidential campaign of Obama was starting. It continues after Obama's election.

The fact of the matter is that there were lots of people who contributed to the 2008 financial melt down. The banks (both commercial banks and investment banks), their lobbyists, both political parties, and both Republican and Democratic administrations, and a succession of men who went back and forth from being executives at Wall Street banks to high level gov't posts set the stage for what happened.

And if I had to bet, sooner or later, one way or another, it's going to happen again. After all, don't people remember the S&L crisis from the late 1980s and early 1990s? Of course, that was a drop in the bucket compared to what happened in 2008. But these Wall Street types don't really give a damn anyone else or the rest of the economy. They just walk away with the cash.

Savings and loan crisis - Wikipedia, the free encyclopedia

As an aside, our former Secretary of the Treasury under Bush 43, Hank Paulson, walked away with a $700 MILLION compensation package by the time he left Goldman Sachs. Ponder that for a while!

We also need to factor in the culpability of millions of Americans who, decade after decade, spent more than they earned. Greed - not from the left, not from the right - from all of us.... that did untold amounts of damage.

There is a vast amount of blame to go around. It is absolutely fucking ridiculous to pretend that one party did this. But it appears that honesty has given way to partisan bullshit in the US.

 

[California Girl]

Let's say it together. It's only a movie.

The OP is a fucking whackjob. Thus disproving that with age comes wisdom.

 

[g5000]

People who don't understand the creative destruction process will never fully understand what private equity firms do.

If a company is failing, a venture capital firm will perform the necessary mercy killing.

If a company has a good business model, a venture capital firm will provide the necessary money to launch it. Bain Capital, for example, helped launch the office supply chain Staples.

In either case, the venture capitalists are taking a huge risk with their own money. These people are putting their money where their mouth is. They are not risking stockholder money, nor are they risking taxpayer money. They risk their own money and their clients money. If they fuck up, they lose clients and then they themselves fail and go out of business.

At one point, Bain & company was in jeopardy of doing just that. Romney was asked to step in and rescue them. He did, on the condition he be given plenipotentiary powers, which were granted. And he succeeded, wildy so. Just as he succeeded with the Olympics.


So how does a venture capital firm kill a company? Simple. Let's say you have a chain of toys stores like KB Toys, a company Bain Capital mercy killed.

KB Toys was failing. It was going down. What a venture capital firm does is buy a company for pennies on the dollar. They then sell off the pieces and parts to other companies, wind down any leasing contracts, and so forth.

What people don't realize is that they did not kill the company. The company was dying. Those people's days working there were numbered. A company like Bain Capital comes in and cleans up the mess. They take a risk with their own money that they can sell the parts for more than they paid for the whole.

They perform a necessary function.

 

[g5000]

Gordon Gekko "Greed is Good" o/ - YouTube

Love this part.

That was a fictional movie made by a very liberal director.

 

[California Girl]

People who don't understand the creative destruction process will never fully understand what private equity firms do.

If a company is failing, a venture capital firm will perform the necessary mercy killing.

If a company has a good business model, a venture capital firm will provide the necessary money to launch it. Bain Capital, for example, helped launch the office supply chain Staples.

In either case, the venture capital firm is taking a huge risk of its own money. These people are putting their money where their mouth is. They are not risking stockholder money, nor are they risking taxpayer money. They risk their own money and their clients money. If they fuck up, they lose clients and then they themselves fail and go out of business.

At one point, Bain & company was in jeopardy of doing just that. Romney was asked to step in and rescue them. He did, on the condition he be given plenipotentiary powers, which were granted. And he succeeded, wildy so.


So how does a venture capital firm kill a company? Simple. Let's say you have a chain of toys stores like KB Toys, a company Bain Capital mercy killed.

KB Toys was failing. It was going down. What a venture capital firm does is buy a company for pennies on the dollar. They then sell off the pieces and parts to other companies, wind down any leasing contracts, and so forth.

What people don't realize is that they did not kill the company. The company was dying. A company like Bain Capital comes in and cleans up the mess. They take a risk that they can sell the parts for more than they paid for the whole.

They perform a necessary function.

You're trying to use logic with people who don't recognize logic. You know that, right?