Jon Huntsman Dropped Out

[xBiffx]

Huntsman would have been a great GOP contender, instead we are getting Chainsaw Romney. A Caricature of a 1980s LBO liquidator. (Buy viable US companies, lay off everyone and liquidate assets for quick profits)

Watch Wallstreet if you want to see what I mean. Romney is unelectable, his nomination will guarantee Obama four more years.

Vote Romney "The Liquidator" will be his poster.

Fallacy of your statement in bold. Viable companies is not what he was in the business of buying, more like failing companies. Viable companies don't get bought, they do the buying.

 

[Ausm]

Fallacy of your statement in bold. Viable companies is not what he was in the business of buying, more like failing companies. Viable companies don't get bought, they do the buying.

You must not be familiar with aggressive takeovers?

 

[xBiffx]

You must not be familiar with aggressive takeovers?

Very familiar with hostile takeovers actually. In a vast majority of cases it is a competitor buying out the competition to shut things down and sell off assets. Again, not the case with a venture capitalist. They are rarely buying companies that are part of the same market. Sure sometimes the plan after purchase is to downsize but that's usually to make the company viable again and not to shut it down for good.

 

[chowderhead]

Yes.
http://thecaucus.blogs.nytimes.com/2012/01/15/huntsman-says-hes-quitting-g-o-p-race/

 

[RabidMongoose]

He'll probably make a run in 2016 if Obama gets re-elected.

 

[TalonStrike]

Jon Huntsman dropped out today. So Much for "exceeding market expectations." LOL!

 

[Bitek]

Wonder what triggered this?

Could be that being behind Colbert was too embarrassing and just gave it in.

Also wondering if Romney is not solidly leading and they offered some bones to get him to drop out and endorse.

If a tight race, 1 or 2% that came over may make the difference and seal the deal for Mitt. If Mitt doesn't win SC, this primary may get blown open.

 

[CrackRabbit]

Wonder what triggered this?

Could be that being behind Colbert was too embarrassing and just gave it in.

Also wondering if Romney is not solidly leading and they offered some bones to get him to drop out and endorse.

If a tight race, 1 or 2% that came over may make the difference and seal the deal for Mitt. If Mitt doesn't win SC, this primary may get blown open.

Being the only sane person in a room full of loonies can get to one after a while.

That and he was probably running short on money and support for a push in SC.

 

[silverpig]

Very familiar with hostile takeovers actually. In a vast majority of cases it is a competitor buying out the competition to shut things down and sell off assets. Again, not the case with a venture capitalist. They are rarely buying companies that are part of the same market. Sure sometimes the plan after purchase is to downsize but that's usually to make the company viable again and not to shut it down for good.

That's private equity, not venture capital.

And PE firms often do buy viable businesses in related industries for efficiency gains and de-duplication.

But yes, a lot of the time they buy failing firms.

 

[Lemon law]

Sad to say, IMHO, Huntsman dropped out and endorsed Romney. Meaning Huntsman no longer can profit from a anyone but Romney strategy.

Meanwhile looking ahead in the GOP primary process, Romney may have a statistical lock on the GOP nomination by early February. Much like John McCain did four years ago, although McCain did not lock it up that soon.

Once Romney gets enough GOP pledged delegates, the 2012 Potus nomination is all over but the shouting, EXCEPT FOR ONE IMPORTANT Thing.

Namely who will Romney select for his running mate? And there my guess would not be Huntsman. What new Sarah Palin type nut case will Romney select for VP to shore up his radical right wing GOP support?

 

[Ausm]

How about Perry/santorum and Newt? they got less that Jon

They want to win the race to the bottom!

 

[Fern]

Well, he's running last in both SC and FL polls. Probably no real need to stay in. He's probably been informed it's not worth it and he won't be getting more campaign donations. By staying all he really gets is a couple of 'official' last place finishes.

I tend to agree with those thinking he's running for 2016. That's how it typically works on the Repub side.

Fern

 

[kage69]

Too bad. He's intelligent, sane, and unlike so many Banana Republicans understands that country comes before party.

I don't agree with his positions 100%, but I can at least respect the man and could see myself voting for him.

 

[Bitek]

..

Namely who will Romney select for his running mate? And there my guess would not be Huntsman. What new Sarah Palin type nut case will Romney select for VP to shore up his radical right wing GOP support?

Agreed. No way its Huntsman as VP.

How do you freak out an Evangelical worried about a mormon as pres? Nominate a mormon as veep.

Likely to be some southern Evangelical.

 

[Jhhnn]

Being the only sane person in a room full of loonies can get to one after a while.

That and he was probably running short on money and support for a push in SC.

Yeh, he did seem like a misfit in the clown car... The fact that he ever got onboard raises questions, however.

 

[Sonikku]

It worked for Obama with his "I am not Bush and everything is Bush's fault forever" platform. It could work for Romney too.

Hard to say. Obama also energized his party like few have in his 08 run. He won't have that going for him this go around, but neither will the repubs. Repubs can't stand Romney and only see him as little more then a less bad option then the alternative.

 

[BoomerD]

Good. One Mormon down, one to go.

 

[Pens1566]

Kind of sad that the only republican candidate that wasn't 100% bat-shit insane drops out.