Will Michael Douglas Play Mitt's Character

[Toddsterpatriot]

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.

What cost the taxpayers $750 billion?
Be as specific as you can.

 

[g5000]

The restaurant business has the highest failure rate.

Let's say a mom and pop restaurant is losing money. The creditors are all over Mom and Pop. The end is inevitable.

You approach Pop and offer him $50,000 for all his equipment. Ovens, tables, flatware, glassware, linens, etc.

Pop accepts, the restaurant closes, the wait staff is throw out of work, and Mom and Pop use the $50k to pay their creditors. It isn't enough to pay off their debts and so they have to declare bankruptcy.

Meanwhile, you sell all the equipment to various restaurants around the country. You end up making a profit of $20,000.

Pop couldn't do that because he does not have the business connections you have built up over the years.

You are a venture capitalist.

 

[Avatar4321]

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.

It's not that they don't get simple math. They just don't care about the truth.

 

[Avatar4321]

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

Might point out that those dealerships that were targetted, were targetted for political reasons and not necessarily profit reasons.

 

[Avatar4321]

The restaurant business has the highest failure rate.

Let's say a mom and pop restaurant is losing money. The creditors are all over Mom and Pop. The end is inevitable.

You approach Pop and offer him $50,000 for all his equipment. Ovens, tables, flatware, glassware, linens, etc.

Pop accepts, the restaurant closes, the wait staff is throw out of work, and Mom and Pop use the $50k to pay their creditors. It isn't enough to pay off their debts and so they have to declare bankruptcy.

Meanwhile, you sell all the equipment to various restaurants around the country. You end up making a profit of $20,000.

Pop couldn't do that because he does not have the business connections you have built up over the years.

You are a venture capitalist.

And providing a vital service to the community.

 

[Cammmpbell]

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

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

I've gottcher whackjob right here in my hand....would you like to feel it

This country was in good shape in the 50s-70s Ronald Reagan who was a Democrat and the president of a union caused all the real bullshit to get started. After his grade B movies began to make some serious money he converted to Republican. I'm sure it was just coincidence and not to save money on his taxes but anyway....the first thing he did was cut taxes with the wealthiest in the country getting the biggest breaks. We used to control the debt. He and Bushes daddy quadrupled the national debt while watching the richest people in the nation bank millions. It ain't rocket science....now it's history and can be verified:

 

[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

Might point out that those dealerships that were targetted, were targetted for political reasons and not necessarily profit reasons.

The left wont listen anyways... they pretty much ignored the post all together.

 

[Toddsterpatriot]

It's true, incomes increased. After tax incomes increased even more.

 

[Flopper]

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!"

Labor unions, government regulations, and taxes have been management's excuse for years for not delivering the profits that owners demand. If they can't cut their labor costs, taxes, and regulations, they will go where the grass is greener, to countries where they can pay slave labor wages with no benefits, and with no worry about government health and safety regulation. Since many of these big corporations are partiality or wholly foreign owned, they could care less what problems they cause in the US.

Labor unions in the US have never been weaker. In 1945 1/3 of labor was unionized. By 1979 only a quarter were members of unions. By 1998 on 13% were union members and today only 1 in 10 and many of those are in government unions.

 

[Flopper]

The restaurant business has the highest failure rate.

Let's say a mom and pop restaurant is losing money. The creditors are all over Mom and Pop. The end is inevitable.

You approach Pop and offer him $50,000 for all his equipment. Ovens, tables, flatware, glassware, linens, etc.

Pop accepts, the restaurant closes, the wait staff is throw out of work, and Mom and Pop use the $50k to pay their creditors. It isn't enough to pay off their debts and so they have to declare bankruptcy.

Meanwhile, you sell all the equipment to various restaurants around the country. You end up making a profit of $20,000.

Pop couldn't do that because he does not have the business connections you have built up over the years.

You are a venture capitalist.

Good explanation

 

[Political Junky]

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

General Motors - Wikipedia, the free encyclopedia

General Motors Company (NYSE: GM, TSX: GMM.U), commonly known as GM, formerly incorporated (until 2009) as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010.[3] For the first half of 2011, GM was the world's largest automaker.[

Thanks to Obama.

 

[JoeB131]

Mitt (his real name is Willard) has Character?

Notice all the liberals who praised Romney three months ago as being the "sensible" republican are now the ones attacking him?

Just like all the conservatives (except me) who attacked Romney three months ago are now learning to love him.

 

[JoeB131]

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.

So does a vulture, but it doesn't mean we want one for president.

I would also argue that if you go into a company looking to close it down to make a profit, that's probably a bad thing. This kind of vulture capitalism has done enormas damage to this country.

More importantly, it's a political loser. Running on a platform of "it's your own damned fault you lost your job." is not a political winner. Nobody wants to hear that, even if it is true.

If the Republicans make this an election between the guy you work with and the guy who lays you off, they will lose.

 

[editec]

How many jobs did Mitt actually CREATE?

Any?

 

[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.

It would be hell if a working man actually still had a chance to make a decent living, save a little for his old days and send his kids to college instead of having to see them go 10,000 miles to some shithole to fight and die in a war started by some disgruntled chickenhawk.

In the 1940's and early 1950's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had grown to about 50 times. Guess what it was in 2010.........the average CEO made about 550 times what an ordinary American worker earned. The goddamed wealthy in this country won't be satisfied until what used to be the middle class is exactly like a worker in Maylasia. It's called greed!!

 

[driveby]

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

Gecko got rich breaking insider trading laws, was he getting his info from Nancy Pelosi ?......

 

[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

Gecko got rich breaking insider trading laws, was he getting his info from Nancy Pelosi ?......

LMAO!!

Was Charles Keating doing what comes naturally

What about Marvin Bush and his far east whores

Greed is what has caused the ordinary Americans to basically bite the dust and the upper 1% to get everything. Revolt isn't far away.

 

[g5000]

How many jobs did Mitt actually CREATE?

Any?

How many people work for Staples?

 

[Cammmpbell]

How many jobs did Mitt actually CREATE?

Any?

How many people work for Staples?

Mitt Romney and 100,000 jobs: an untenable figure - The Washington Post

"Interestingly, when Romney ran for the Senate in 1994, his campaign only claimed he had created 10,000 jobs. In one ad, a narrator said: “Mitt Romney has spent his life building more than 20 businesses and helping to create more than 10,000 jobs. So when it comes to creating jobs, he's not just talk. He's done it.”

Now, apparently, those 10,000 jobs have increased tenfold, apparently in part because of Bain investments in which Romney had at best a tangential role.

In the 2008 presidential campaign, as far as we can tell, Romney never highlighted any number for jobs created, having learned a lesson from how ruthlessly he was attacked by Sen. Edward Kennedy in that Senate race for jobs lost through Bain investments."

 

[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

Gecko got rich breaking insider trading laws, was he getting his info from Nancy Pelosi ?......

LMAO!!

Was Charles Keating doing what comes naturally

What about Marvin Bush and his far east whores

Greed is what has caused the ordinary Americans to basically bite the dust and the upper 1% to get everything. Revolt isn't far away.

How did so many politicians accumulate so much wealth after they got into politics?

Do your research - your beloved party is corrupt to the core. Just like the other side.

And... about that 'revolt'.... bring guns. Because you can be assured that, if you start that shit, you're going down - hard.