Yes, he is quite a businessman (political)

[Lucky Punk]

http://www.villagevoice.com/2012-04-18/ ... -parasite/

[lindbergh]

It's about Mitt Romney being a parasite and Bain Capital.

LP, synopsis!

[rubberduck2]

It's about Mitt Romney being a parasite and Bain Capital.

LP, synopsis!

But I knew that...

rd"but there's gonna be a LOT of money out there ready to depict the other guy as dog-eater-in-chief"1804

[Rev. Jedi highlander]

It's about Mitt Romney being a parasite and Bain Capital.

LP, synopsis!

But I knew that...

rd"but there's gonna be a LOT of money out there ready to depict the other guy as dog-eater-in-chief"1804

He was fucking 6. May as well base environmental issues on when they were toilet trained.

[Northern Reaper]

It is not suprising. He is a scumbag who calls for jobs, but destroys them all in the name of profit.

[Deathpool Dave]

What a bunch of horseshit, written by idiots that have no idea what they’re talking about or how things work in a capitalist economy - which last time I checked was the economic system of America. Romney worked in an industry that thrives to this day, and by all accounts was one of the best at it. They find poorly run companies that are on the verge of going under – often bled dry by blood sucking unions, inept management, blatant overstaffing, underuse of technologies, manifest corruption, and a host of other fatal ailments - buy them, turn them around, make them successful, save jobs for the people that remain, and create a shit ton of new ones. It is capitalism at its best, it’s what keeps the country working, and it’s what built the nation. Competent, well-run companies never see the Bain Capital’s of the world – if the turnaround guys are there it’s because the company is seriously broken. I know – I’m one of the guys that shows up at your company and crosses your worthless name off the org chart. This is just typical communist / socialistic propaganda written by people that think the Gubmint should provide everyone a living and give checks to everyone – because that worked so well in Cuba, Russia, China, and everywhere else it was tried and failed throughout history. These morons need a lesson in economics and history, right after they gain a skill that is actually useful.

[Lucky Punk]

Either DP did not read the article or he did not understand it.

[Deathpool Dave]

Either DP did not read the article or he did not understand it

Read it, understood it, thought it was complete horseshit, and said why.

[Lucky Punk]

Either DP did not read the article or he did not understand it

Read it, understood it, thought it was complete horseshit, and said why.

The article stated that they went after healthy companies, not those hurting. There was no money to be gained from unhealthy companies.

Took their profits and pensions for -Bain and then gutted them.

Explain how Romney is a job creator, because I don't see it.

Interesting to see the connection between Bain and Goldman Sachs, too. Funny how they were treated.differently in strategy.

[Deathpool Dave]

The article stated that they went after healthy companies, not those hurting. There was no money to be gained from unhealthy companies.

Took their profits and pensions for -Bain and then gutted them.

Explain how Romney is a job creator, because I don't see it.

Interesting to see the connection between Bain and Goldman Sachs, too. Funny how they were treated.differently in strategy.

“Healthy” according to who and what definition? This is how the game works: You look for companies that are underperforming. They could be circling the drain, or just returning lower than industry standard margins. You evaluate them based upon a number of variables – you don’t want companies that are too bad off because you might not be able to save them, but you don’t want perfectly run companies either because there is no room for profit. 80 / 20 is considered the sweet spot – 80% good, 20% bad. Safe, but profitable. You buy it, fix the bad part, and either continue to run it or sell it at profit. You can lose this game – if the company goes under you lose everything. If you can’t improve it substantially, you gain nothing on your investment. There are aggressive goals set for improvements, and careers are made and destroyed based upon how well they do. From what I hear, Romney was one of the best at it. Considering the current state of this country, he seems like a perfect fit right now. If these guys were healthy – truly healthy, in comparison with industry standards, there would have been no interest in them. The job creation is simple: Companies that go under employ no one, and efficiently run companies grow and create more jobs.

[Boomshadow]

The article stated that they went after healthy companies, not those hurting. There was no money to be gained from unhealthy companies.

Took their profits and pensions for -Bain and then gutted them.

Explain how Romney is a job creator, because I don't see it.

Interesting to see the connection between Bain and Goldman Sachs, too. Funny how they were treated.differently in strategy.

“Healthy” according to who and what definition? This is how the game works: You look for companies that are underperforming. They could be circling the drain, or just returning lower than industry standard margins. You evaluate them based upon a number of variables – you don’t want companies that are too bad off because you might not be able to save them, but you don’t want perfectly run companies either because there is no room for profit. 80 / 20 is considered the sweet spot – 80% good, 20% bad. Safe, but profitable. You buy it, fix the bad part, and either continue to run it or sell it at profit. You can lose this game – if the company goes under you lose everything. If you can’t improve it substantially, you gain nothing on your investment. There are aggressive goals set for improvements, and careers are made and destroyed based upon how well they do. From what I hear, Romney was one of the best at it. Considering the current state of this country, he seems like a perfect fit right now. If these guys were healthy – truly healthy, in comparison with industry standards, there would have been no interest in them. The job creation is simple: Companies that go under employ no one, and efficiently run companies grow and create more jobs.

Two things:

1) The Voice cited companies that were doing just fine until Bain Capital darkened their door.

2) The way you're casting it, Romney could break up the Union and sell under-performing states to the investors.

[googuse]

Funny how the Ayn Rand fan club rails against "altruism", yet are completely altruistic in the belief that capitalism can do no wrong and the "free" (if you can afford it) market will take care of everything.

[Rev. Jedi highlander]

2) The way you're casting it, Romney could break up the Union and sell under-performing states to the investors.

Well, he might get some points if he sold Florida...

[Deathpool Dave]

1) The Voice cited companies that were doing just fine until Bain Capital darkened their door.

Again – “doing fine” according to who and what standard?

2) The way you're casting it, Romney could break up the Union and sell under-performing states to the investors.

Who the fuck would miss Mississippi anyway?

Funny how the Ayn Rand fan club rails against "altruism", yet are completely altruistic in the belief that capitalism can do no wrong and the "free" (if you can afford it) market will take care of everything

I don’t know anyone that’s against altruism. And capitalism isn’t perfect – it’s just better than the alternatives. And when properly regulated it’s actually a pretty damn good system.

[googuse]

I don’t know anyone that’s against altruism. And capitalism isn’t perfect – it’s just better than the alternatives. And when properly regulated it’s actually a pretty damn good system.

Seems like "properly regulated" means different things to either side. I thought things were mostly properly regulated up until the Reagan years. The regulations were removed little by little, and now we have what we have. The real beginning of deregulation was under Nixon and his vile toady of a fed chairman, Arthur Brown and his pimping of cheap credit to get Nixon elected.

As for the Randholes thinking that altruism is evil, here it is from the horse's mouth.
http://www.youtube.com/watch?v=bx-LpRSbbeA

[Lucky Punk]

Boom.

Point 1 is the point

[Boomshadow]

Again – “doing fine” according to who and what standard?

Running three shifts round the clock and setting productivity records; making enough money for Bain to suck out fat management fees; paying profit-sharing to the employees responsible. That sort of thing. It wasn't until Bain quit buying and maintaining equipment, started slashing benefits, and started hiring people with no technical knowledge to run the plants that the companies that were squished together to form GSI started failing. And then he exported the jobs to Mexico. Maybe he should run there.

I don’t know anyone that’s against altruism. And capitalism isn’t perfect – it’s just better than the alternatives. And when properly regulated it’s actually a pretty damn good system.

It hasn't been properly regulated in the U.S. my lifetime. In a properly regulated capitalist system, anyone who skeletonizes a company and reduces the quality of its goods and services and kills or exports jobs in the name of short-term rapid investor gain and management fees would have something like "I stole your job" or "Vulture Capitalist" tattooed on their faces and be sent to a chain-gang prison in Florida, Georgia, Alabama, Mississippi, or Texas, where they would live out their days in a 7-by-7 foot green-gray cell at best or a canvas tent at worst. Mitt Romney and his kind--including, apparently, you, DP, are a major part of what is destroying our country. At least bank robbers are honest about their felonies--and they create more jobs than you (mostly cops).

Properly regulated capitalism appears in countries like Germany, where companies pay their CEOs on average far less than U.S. corporations do, and where workers get far more benefits, and where health care is government-subsidized and the budget argument is how best to handle the surplus.

DP, you're like that Ned guy from the FedEx spot from a few years ago: you're wrong about everything.

[Deathpool Dave]

Seems like "properly regulated" means different things to either side

Agreed. People use the word “regulation” like its one thing – there are literally millions of regulations. Many areas are grossly over-regulated, but some are under… Prohibiting a lending institution from selling a loan for at least three years would have prevented the entire meltdown. Meanwhile it takes 18 months and an army of lawyers to open a business in California.

In a properly regulated capitalist system, anyone who skeletonizes a company and reduces the quality of its goods and services and kills or exports jobs in the name of short-term rapid investor gain and management fees would have something like "I stole your job" or "Vulture Capitalist" tattooed on their faces and be sent to a chain-gang prison in Florida, Georgia, Alabama, Mississippi, or Texas, where they would live out their days in a 7-by-7 foot green-gray cell at best or a canvas tent at worst. Mitt Romney and his kind--including, apparently, you, DP, are a major part of what is destroying our country. At least bank robbers are honest about their felonies--and they create more jobs than you (mostly cops).

It’s a global economy now – get used to it. Become an educated intellectual with an advanced skill set or compete with the Mexicans, which is apparently what you are trying to do. People like me are what keeps this country running – I employ over 220 people. I don’t blame you for preferring Obama – he’s more likely to give you your Gubmint check.

DP, you're like that Ned guy from the FedEx spot from a few years ago: you're wrong about everything

And yet, somehow magically, I’m rich and you’re poor. Go figure…

[Lucky Punk]

People like me are what keeps this country running...

Pomposity is an attractive trait.

Claiming to be at the helm of a ship that is crashing is funny stuff.

[Boomshadow]

And yet, somehow magically, I’m rich and you’re poor. Go figure…

Intelligence and wealth do not vary directly. Otherwise, scientists and teachers would have material wealth that far eclipsed yours.

And I wouldn't say I'm poor. Other than a mortgage and two car payments, my wife and I don't carry any revolving debt. And yeah, I don't have a lot of money, but I haven't ruined anyone else's life in my own unenlightened self-interest, either.

But you're never going to understand any of this. You're so happy to be well-off that you've either deluded yourself into thinking that what you're doing is somehow not abominable, or you actually believed it to begin with. Either way, humanity was better off when people like you could not cause such hardship. Eventually, if you do this long enough, you're going to bring enough people down that they're going to take you with them.

And on that day, I just hope I find out and can contact you in time to say "I told you so."

[But Is It Art]

I see two questions at work here. One is whether the ability to make money for investors without regard for the consequences to everybody else is a noble trait. The other is whether it's a presidential trait.

[Lucky Punk]

I see two questions at work here. One is whether the ability to make money for investors without regard for the consequences to everybody else is a noble trait. The other is whether it's a presidential trait.

Unless you are being sarcastic, what could be noble about your first question?

[hurryupndiealready]

As a side note, "Vulture Capitalist" isn't an appropriate term for sleaze like Rmoney. Vultures descend on the dead or dying, and by consuming carcasses they salvage the salvageable. Bain's people swoop down on healthy, profitable companies and then take advantage of the health and profitability to extract millions before leaving the withered husk to die after the profiteers have moved on. "Predatory Capitalist" or possibly "Parasitic Capitalist" would be more descriptive, except that even those terms fail to capture just how utterly fucking disgusting what Bain and its ilk do. "Vampire Capitalism"? This requires more thought ...

[Boomshadow]

As a side note, "Vulture Capitalist" isn't an appropriate term for sleaze like Rmoney. Vultures descend on the dead or dying, and by consuming carcasses they salvage the salvageable. Bain's people swoop down on healthy, profitable companies and then take advantage of the health and profitability to extract millions before leaving the withered husk to die after the profiteers have moved on. "Predatory Capitalist" or possibly "Parasitic Capitalist" would be more descriptive, except that even those terms fail to capture just how utterly fucking disgusting what Bain and its ilk do. "Vampire Capitalism"? This requires more thought ...

You're absolutely right. "Vampire Capitalism" sounds more apropos.

[googuse]

http://www.youtube.com/watch?v=errwLVgHpXY