Romney Vulture Capitalist Another Example Of What Is Wrong With Capitalism?

It does not matter where he comes from. Money has no borders. And there are rules about money that cannot be ignored. The only folk on the planet that provide goods and services out of the goodness of their hearts are charities and charities, like business, must have money for the services...

Put in very simple terms, there is never a free lunch.

 

those are the business owners fault why should the worker have to lose their jobs because the capitalist does not know how to properly capitalize

there would be nothing wrong with these private equity firms if they at least made an effort reinvest in these companies so that no one would have to lose their jobs

they go in with the intention of firing people, they are doing no service to the country

 

Business doesn't work like that. People start businesses to make money. Sometimes it doesn't work out. The Romneys of the world will always exist. Their profit comes from capitalizing on businesses who are failing. The question is would he make a good president? And that could go either way. Joseph Kennedy was one of the major players in the early 20th century as to the corruption on Wall St. He realized it was destroying the nation and worked with the state to fix the loopholes and flaws in the system people were taking advantage of. Even at his own detriment. I'm not saying Romney is so noble, but men like that do exist.

 

I for once, agree in a sense, with you liberal! Amazing ..

From what I gather, Mitt Romney and Bain Capital took failing businesses and turned them around, and restructured companies to become successful. On the surface, it sounds nice, but look at the business models large American retail stores, like Staples, have to adopt to become successful, it is a copy of the "Wall-Mart Model" or the "Best Buy Model." It is nothing special, and more examples of businesses of whom would rather support foreign manufactures than US ones. We dont need 20 different versions of Best Buy, we need alternatives.

He also was involved in many companies who become profitable through government spending, which again, is crony capitalism. And although It must be hard to get in bed with the government like that, I commend people who become successful without government aid in doing so.

He is a business person, and does work within the confines of the American business arena (Outsourcing/Offshoring and Corporate Welfare), I think all Americans should demand more of their people. Capitalism ceases to exist when large corporations can stamp out their competition on a local level through slave labor in other countries. Capitalism ceases to exist when government taxes small business to hell, then gives it to their larger corporate competitors.

Screw Mitt Romney.

 

Now this post is awesome. A true critique. +1 rep.

 

Thanks bro

 

It can and likely will ultimately change in America. We see what's going on, but that doesn't mean the practices of today shall ever be used or accepted.

Things change, certainly in a nation like this one.

Of course.

That doesn't mean that the "Romney's" of this world, will "always" have the exact same legal latitude and autonomy by which they allowed to affect other human beings. Most decent and reasonable people realize, that the kinds of things which people like Romney did were "legal", yet unacceptable in the overall sense. His kind of "capitalism" (IMO) is something to be FOUGHT AGAINST.

Yet, the effects of GAMING on those who are failing (as Romney and his vultures are allowed to) aren't something we NEED a great deal of in this society. It doesn't help to worship at the altar of profit, in the name of "capitalism"... if outcomes MUST be so detrimental to so many people. Honestly, I care far more about 1000 people who need a job, than the ability of a millionaire to add more STUFF to his/her collection of wealth.

More specifically, it's fine that people can make money... but not if we ignore the LITERAL effects of allowing SO MUCH PROFIT to be made that an exponential number of people must be made to suffer (unnecessarily)... then THAT is something we should do some soul-searching about as a nation. For one thing we must all accept, is that the hyper-wealth of a few, surely comes from work of the many. This idiotic/foolish notion that those garnering great wealth have no responsibility for the effects of their prosperity, needs to be laid to rest. We know that money doesn't grow on trees, and nothing is for free (in the financial world)... wealthy folks need to keep that in mind as well.

The question is, DO PEOPLE PAY ATTENTION TO WHAT THOSE WITH A CORPORATE MINDSET LIKE ROMNEY'S HAS DONE TO AMERICA??!!

Romney isn't someone I would ever trust as President. He seems to be for himself and his own... only.

 

that is the business owners fault why should the worker have to lose their jobs because the capitalist does not know how to properly capitalize

there would be nothing wrong with these private equity firms if they at least made an effort to reinvest in these companies so that no one would have to lose their jobs

they go in with the intention of firing people, they are doing no service to the country

 

Why are you so obsessed about people losing their jobs?

In the normal course of events when the economy is really good in America, in a given year about 20 million people lose their jobs.

 

romney cannot be president if he is not obssessed with people losing their jobs

 

PinkSlip Romney believes cutting people's throats is "good business", an attitude he celebrates, and one that has helped make him filthy rich.

PinkSlip Romney in 2012! Help make poverty "mainstream".

 

I was more talking about the people on this board, who mindlessly support the system, which is not even in their favour. They're either paid to be here, or stupid.

Ultimately however, you are correct, there's always a bigger fish, and eventually the fishes will predominently be from South America, China, India.