Oh, hey, look who's benefitting from Bain Capital

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Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Nothing wrong with your line of thinking IMO. Romney, in his usual style of stating fiction as fact, claimed that his business experience gave him sterling credentials for being POTUS. Imagine that. A businessman just like Bush and Cheney claiming his business experience qualified him to run the country, when a couple of guys with experience just like Romney had run the country almost bankrupt from exploiting the government's finances for fun and profit exactly the same way they did it in the private sector, only from the INSIDE. The voting public gave those two guys the keys to the treasury and like the true businessmen they are, they immediately ran the country like Romney ran other businesses he (Bain) victimized: exploit the Company known by the name of The United States of America for maximum personal gain and leave it in ruin after wringing it bone dry.

And Romney wants to use his experience gained at Bain to take control of the US of A in a hostile takeover so he can do the exact same thing that his fellow businessmen Bush and Cheney did, because....that's what big-time predatory businessmen do for a living: Make obscene profits by draining a company dry and move on to the next...and the next....and the next...it's what they do. Nothing personal about it. It's just business.

And the filthy rich? Why they dutifully collect their Social Security benefits just like everybody else while attempting to corrupt our politicians into privatizing the fund so they can collect even more from the folks who have absolutely no experience in the stock market but get forced into it via privatization.

And the Tea Party folks want to balance the budget via shrinking the size of government, only don't anyone dare take away their Social Security checks, Medicare benefits, government pensions, VA benefits, etc.

You have one twisted fucked up way of looking at businesses. How do you even walk into a store without thinking they are an evil empire set out to destroy the world and imediately be rpulsed into not shopping? And as for the keys to the treasury, the current Administration has racked up more debt in 3.5 years than the past 2 Aministrations did in 16 years.
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
And to hear leftists talk about Bain Capital and any other corporations that don't donate to democrats, simply trying to maximize profits (which everyone does) is greed. Of course, when they do it, it's just self-interest. There's good reason for it. Unions can't be greedy, by definition. Their hearts are in the right place.
I can't speak for "leftists", but your rant has absolutely nothing to do with anything I said. It's just another empty straw man, letting you attack a false position since you're incapable of addressing what I actually said. I've already said greed is not merely maximizing profits, but "being willing to hurt others in your lust for more and more money. It's about putting money above everything else." Yes, of course unions can be greedy, or more accurately people in them can be.


I suppose my theme is this. There are truly greedy, evil people. In general, they are found far less commonly than I think you think they are. Truly evil people of the type that would use any method to get rich, or eliminate anything standing in their way, are rare.
Yes, that's what I said. If you think you contradicted me, perhaps you should pause to read what I actually say instead of jerking your knee at what you imagine I must of said.


Best of all, the best mechanism for restraining these truly greedy people, is capitalism. To the extent all exchange has to be voluntary, you can only be as greedy as your ability to provide someone else with something they want, unless you're a thief. In such a system, greed is subordinated to service.
That's an incredibly naive view. Unfortunately, it fails on two fronts.

First, that simple, idealistic view of capitalism might work if all parties had perfect knowledge and equal resources. That is rarely the case. In real-world capitalism, the parties can hide information and misrepresent the facts, making deals lopsided. Even more, parties with extremely deep pockets can distort the market, making "voluntary" a rather empty concept.

Second, and even more to the point, your faith in the magic of capitalism once again ignores "greed". Just because something is in the best, immediate financial interests of a small set of people (e.g., the owners), does not mean it is in the best interest of all impacted parties (e.g., employees, the community, the long term interests of America as a whole). Capitalism is a tremendous system, but its Achilles heal for society is that it focuses on the good of the few, not the good of the many. Often the few and the many benefit from the same thing, and capitalism is great for all. In many others, however, the interests of the few and the many conflict.

That's where we need to find balance, where the drive to "maximize profits" must be tempered with civilization's need to prevent harm to others. Defining and enforcing that balance is one of the key roles of government. Unfortunately, our government has been corrupted by those with extremely deep pockets. The balance has shifted too far in favor of greed, unimaginably enriching an elite few at great cost to America as a whole.
 
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Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
I think YOU need to educate yourself on Bain. Wikipedia would be a good start.

http://en.wikipedia.org/wiki/Bain_Capital

Contrary to what you might hear from the MSM there just isn't a lot of profit in hostile takeovers and then gutting a company.
And you, of course, have accepted this on blind faith based on what you hear from the right wing propaganda machine. If you can offer objective data proving Bain has done more good than harm, I'll all ears. If all you have are unsupported assertions, you're wasting everyone's time.