http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829 Classic Romney......
Do you know what businessmen are in business for? To make money, not to lose money. A bad business or one that is failing is to a businessman like cancer is to a doctor. You have to cut out the bad to save the good. Of course liberals can't understand that because they are first in line for wonder drugs instead of listening to their doctor, so when it comes to business I guess they just believe that someone will come along and give them the money needed to pay workers and taxes and light bills etc. Get over yourself lefty...the world is green and doesn't burn very well.
Your post has nothing to do with the thread sir. Your post actually attacks Romney since he got the bail out. Libs don't listen to doctors? Very educated statement. Why not just say, "Obama is the anti-christ!" Ohhhh wait, you used that one 4 years ago huh. It's easy to spot a Fox News extremeist...
Even worse, the federal bailout ultimately engineered by Romney screwed the FDIC – the bank insurance system backed by taxpayers – out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds. Read more: http://www.rollingstone.com/politic...that-saved-mitt-romney-20120829#ixzz25d2thHIk Is anyone surprised? His running mate voted for TARP and the auto-bailouts. Take bailouts in one hand, criticize government in the other, hypocrisy at it's finest.
Matt Taibbi is the man(author of the article)this edition came in our mailbox shortly before Romney gave his acceptance speech at the RNC--my husband is reading the(he is an Independant)article as Romney is up on the podium spewing his usual campaign stump rhetoric-my husbands response was-bad timing for romney-he kept telling me-"you have to read this""you have to read this"" how in the world can anyone vote for this fraud". Gotta love the part in the first article where Matt says " Bain capitals MO was the same as " The Bust Out". Great Article-It is a must read for everybody--not just this article but past articles from Matt also-At our Democratic Hq'S,we have made copies of these articles to hand out along with other campaign chum-real truth-real impact-OBAMA 2012
Name one businessman who is in business to lose money...just one. Look, this is simple. To me and millions of other we don't want a socialist country that is dependant on the federal government. We want barry sent packing. You vote and I will vote and someone will win.
To extract money is a better description in the corporate world we've become. Personal comfort for CEO's and security for fat cats seems to be the objective now. Funny you should mention cancer, cause that's what the GOP corporate azzkissing is all about...cancer and death to our society. Bill Gates, PinkSlip and his crazy wife will all be just fine though....it's just everybody else that's screwed.
Give the exact figure of the Federal bailout That Romney received ..I challenge anybody to show taxpayer dollars spent on that bailout. IT DID NOT HAPPEN. In other words this is a LIE.
http://en.wikipedia.org/wiki/Mitt_Romney Within Bain Capital, Romney spread profits from deals widely within the firm to keep people motivated, often keeping less than ten percent for himself. In 1990, Romney was asked to return to Bain & Company, which was facing financial collapse.[73] He was announced as its new CEO in January 1991[76][77] but drew only a symbolic salary of one dollar[73] By 1999, Bain Capital was on its way to being one of the top private equity firms in the nation,[87] having increased its number of partners from 5 to 18, with 115 employees overall, and $4 billion under its management.[69][74] The firm's average annual return on investments was 113 percent.[63][99] Bain Capital's approach of applying consulting expertise to the companies it invested in became widely copied within the private equity industry.[27][74] Economist Steven Kaplan would later say, "[Romney] came up with a model that was very successful and very innovative and that now everybody uses."[82] http://abcnews.go.com/blogs/politics/2012/09/fact-checking-joe-bidens-bain-bailout-claim/ The Boston Globe reported in 1994 that the FDIC agreed to lower the amount owed by $10 million, but the FDIC, a government agency, notably does not utilize taxpayer funding and instead is financed through deposit insurance payments, which negates Biden’s claim that the restructuring cost taxpayers millions of dollars. END OF BS.. The Rolling Stone should stick to comics and not politics.
http://en.wikipedia.org/wiki/Mitt_Romney Within Bain Capital, Romney spread profits from deals widely within the firm to keep people motivated, often keeping less than ten percent for himself. In 1990, Romney was asked to return to Bain & Company, which was facing financial collapse.[73] He was announced as its new CEO in January 1991[76][77] but drew only a symbolic salary of one dollar[73] By 1999, Bain Capital was on its way to being one of the top private equity firms in the nation,[87] having increased its number of partners from 5 to 18, with 115 employees overall, and $4 billion under its management.[69][74] The firm's average annual return on investments was 113 percent.[63][99] Bain Capital's approach of applying consulting expertise to the companies it invested in became widely copied within the private equity industry.[27][74] Economist Steven Kaplan would later say, "[Romney] came up with a model that was very successful and very innovative and that now everybody uses."[82] http://abcnews.go.com/blogs/politics/2012/09/fact-checking-joe-bidens-bain-bailout-claim/ The Boston Globe reported in 1994 that the FDIC agreed to lower the amount owed by $10 million, but the FDIC, a government agency, notably does not utilize taxpayer funding and instead is financed through deposit insurance payments, which negates Bidens claim that the restructuring cost taxpayers millions of dollars. END OF BS.. The Rolling Stone should stick to comics and not politics.
One for you.....500 billion for me....PinkSlip Romney platform for 2012. Remember...if you give a worker 3 cents a year, fat cats considering that "sharing".
So,we have someone who is not a regular reader of Rolling Stone,it has nothing to do with comics dude! And you do know that people can go to Wickapedia & change wording,ect-on their Bio's,so as far as Wickapedia being your source on your support for Mitt,I would go to another source,just to see what's up. If you think for one minute that ole Mitt,only took a teeny-tiny bit of money from these company's-then you please tell me how he has so many billions in off-shore accounts.He would have had to have screwed a gazillion company's! I'm willing to bet,the Rolling Stone Article by Matt Taibbi is a whole lot more correct & accurate than the source you put up.
Your abc link proves that Biden didn't check his facts and it didn't cost the taxpayers money. But admits that they had a federal bailout. Nice try.
Uh oh http://www.rollingstone.com/politics/pictures/mitt-romneys-federal-bailout-the-documents-20120829
What did you think of the RS article? Comment here; I have to congratulate you on your sense of humor through-out this campaign---If you have ever heard of Will Durst,the political humorist that travels the country speaking & has columns in several papers around the country-you two should team up-I'd pay money to hear you. Will spoke at a newspaper convention in San Francisco in August that I was at-BROUGHT THE HOUSE DOWN--his famous line " YOU CAN'T MAKE THIS STUFF UP"
I laugh when wingnuts say the rich take risks. There's no risk when you can count on being bailed out monumental screw-ups notwithstanding.
Republicans say they disprove of bailouts but; Romney used one. Paul Ryan applied for one. Bush started them. And we probably wouldn't need them without the Republicans.
Complete fabrication. The FDIC most certainly draws from taxpayers when deposit insurance is exhausted.
I'm not surprised by any of this. The man has "shady" and "plastic" written all over him. I will also not be surprised as I keep reading the posts if Republicans (who would have crucified a Democrat had he received bailout funds and screwed taxpayers) give him a free pass. I don't want to hear a single Republican talk about ethics or morality again if they are bring in a team that profited off of abortion (Stericyle), profited off Iranian oil, profited off TARP, etc. I'm so sick of their look the other way approach when it comes to Romney. Ethics do not matter a (*)(*)(*)(*) to these people anymore and that's pretty frickin' sad.
He doesn't even resonate well with Republicans. Most (at least those I know) are only voting for him because they believe he's better than the alternative, and fortunately many understand my disinterest in voting again for the lesser of two evils. Anyone and everyone feel free to quote this later, but I'm betting this year we see a larger percentage of the population vote for third party candidate than any year in the last ~50. It's likely to cost Republicans the election, but if it means that someday in the not so distant future we get someone other than a Republican or Democrat, I think it's worth it. The Republicans brought us the DHS and the Patriot Act. The democrats brought us NDAA. Both of them can take the "ethics and morality argument" and stick it where the sun don't shine.
