|
Title: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 09, 2012, 05:15:58 pm Good. Next time (name silly Republican here) wants to ban a book, movie, or television show (probably about those fags) because it offends his psyche we'll be standing here waiting for your post decrying the failure of free speech! Ha! I await your "challenge!" Too easy! Thanks, Citizens United! http://www.youtube.com/watch?feature=player_embedded&v=_evS-T-c35M# Oh. Before you ask. It's a movie from Newt's gang, Winning Our Future. Or should it be Whining Our Future? ;D Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 10, 2012, 08:16:11 pm Too easy! Thanks, Citizens United! http://www.youtube.com/watch?feature=player_embedded&v=_evS-T-c35M# Oh. Before you ask. It's a movie from Newt's gang, Winning Our Future. Or should it be Whining Our Future? ;D I'm really not seeing your point. Did Romney want the government to ban this ad? And more to the point, do you think the ad should be banned? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: 44nutman on January 10, 2012, 09:51:30 pm This is what is going to happen. The corporations are going to abuse the ruling that they can spend a ton of money and put out any kind of shit they can think of as an attack ad.
The candidates are going to whine about it, and some of the candidates are going to be an elected official back in Washington, since most make a career out of politics. Those butt hurt candidates are going to pass laws to forbid, the yellow dog Youtube videos and campaign ads. Who knew these people/corporations would take something and abuse it? Never saw that one coming! I am no longer mad about the Supreme Court ruling since the corporations are going to hang themselves and it will be changed in a couple of years. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 12, 2012, 08:39:37 am Who knew these people/corporations would take something and abuse it? Never saw that one coming! I am no longer mad about the Supreme Court ruling since the corporations are going to hang themselves and it will be changed in a couple of years. Bingo! It's hilarious that they never thought their own dirty tricks could be used against themselves! Meanwhile, OUCH! (http://www.thedemocraticstrategist.org/strategist/2012/01/when_mitt_romney_came_to_town.php) Quote You can make your own judgment, but this is one of the most devilishly effective attack communications I've personally ever seen--a heat-seeking missile aimed directly at the white working class id. Mitt saying "A bientot" at the end (apparently harvested from Romney's Olympics PSAs) is the capper. And aside from the xenophobic flourishes, the film is really just a well-wrought glimpse at the underside of contemporary finance capitalism, with Mitt Romney serving as the chief villain, right up there with Bernie Madoff and other sinister characters. No wonder DeMint and Limbaugh have denounced this video: they should, because it's an assault on everything they believe in. Word is 30-second and 60-second clips from the video will go up on SC television tomorrow, as part of a $2.4 million ad buy (some serious coin in this low-cost state). I've only been able to see the 30-second version, but it's obvious these short ads won't pack the punch of the longer piece. The rapidly emerging CW is that this assault on Romney will help him win the nomination, either because conservatives like ruthless financial pirates, or (as I have earlier predicted) Republican poohbahs think the contest is getting too nasty, and this particular attack very obviously reinforces Democratic talking points--not just about Romney and Bain, but about many of those alleged "job creators" generally. Hell, if I were a rich guy myself, I'd find a way to put "When Mitt Romney Came To Town" in front of as many people as possible. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: 44nutman on January 12, 2012, 01:02:39 pm Of course Limpballs is denouncing the video. Google Bain Capital and Clear Channel. Limpballs knows he can't say boo because he would no longer be able to afford his new wife and his Oxys without clear channel.
Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 12, 2012, 01:23:00 pm Of course Limpballs is denouncing the video. Google Bain Capital and Clear Channel. Limpballs knows he can't say boo because he would no longer be able to afford his new wife and his Oxys without clear channel. Hah! I did! Check out the comments here: http://www.freerepublic.com/focus/f-news/2831290/posts These guys are scared shitless! ;D Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 12, 2012, 01:29:44 pm Ouch #2!
This guy's going to be the Republican nominee! Tee Hee! http://www.youtube.com/watch?v=f_mr6yQkj04&feature=player_embedded Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: uselesslegs on January 12, 2012, 04:09:54 pm I glad this is finally becoming part of the discourse, even if I'm not so sure Mitt's opponents are genuinely concerned with this type of capitalism...or just piling on with something that resonates across all political affiliations.
We've all been screaming about this since before the collapse and capitalism was treated as sacrosanct in all manifestations and trying to have debates or conversations were summarily dismissed as everything from Marxists, Socialist, Anti-Capitalism, Unpatriotic...to even treasonous. It's been maddening to say the least. So the real question now becomes...do we/will we actually address this in a realistic manner or will this just be allowed to breath long enough to act as attacks against Romney, to be drown out again in divisive rhetoric when it's served it's purpose? I, for one, hope it's embraced for REAL discussions/contemplation... ...and that titties will somehow be involved. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: uselesslegs on January 12, 2012, 04:11:07 pm Of course Limpballs is denouncing the video. Google Bain Capital and Clear Channel. Limpballs knows he can't say boo because he would no longer be able to afford his new wife and his Oxys without clear channel. I heard some of the meltdown with Perry and Newt. I think we may actually see him stroke out on air. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 12, 2012, 04:33:10 pm I heard some of the meltdown with Perry and Newt. I think we may actually see him stroke out on air. If there is a God... Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 13, 2012, 12:31:44 pm I glad this is finally becoming part of the discourse, even if I'm not so sure Mitt's opponents are genuinely concerned with this type of capitalism...or just piling on with something that resonates across all political affiliations. We've all been screaming about this since before the collapse and capitalism was treated as sacrosanct in all manifestations and trying to have debates or conversations were summarily dismissed as everything from Marxists, Socialist, Anti-Capitalism, Unpatriotic...to even treasonous. It's been maddening to say the least. So the real question now becomes...do we/will we actually address this in a realistic manner or will this just be allowed to breath long enough to act as attacks against Romney, to be drown out again in divisive rhetoric when it's served it's purpose? I, for one, hope it's embraced for REAL discussions/contemplation... ...and that titties will somehow be involved. Mitt has already decided that any talk of that kind should be done in 'quiet rooms'.. ya know, with him and his elite crowd because if we lowly peons are a part of a discussion on wall street,the economy,wealth.. etc we'd just get jealous.. so this kind of conversation is to be done outside of our presence..we're just too envious to handle that kind of dialog.. Quote Others critics are challenging a tax system that has allowed wealth to concentrate more and more at the top, impeded income mobility and hit particularly hard at middle-income families, losers in a class war they did not start. They want to put on trial a structure that bails out bankers in trouble but shrugs off the woes of the unemployed and the foreclosed as part of the "creative destruction" necessary for growth. They're angry, not envious. As a relatively calm person, I support Romney's implicit call for polite, reasoned discourse here. But it won't happen until he sets an example, stops flinging self-pitying accusations and acknowledges that his foes and critics have reasonable concerns about fairness and growing income inequality. He could start by allowing that it isn't anti-God and anti-capitalism insisting that we do better by those destroyed in the cycle of creative destruction. In other words, expect a lot of noise in the coming months. http://blogs.chicagotribune.com/news_columnists_ezorn/2012/01/shhhh-romney-wants-economy-talk-in-quiet-rooms.html Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 13, 2012, 05:05:47 pm Mitt has already decided that any talk of that kind should be done in 'quiet rooms'.. ya know, with him and his elite crowd because if we lowly peons are a part of a discussion on wall street,the economy,wealth.. etc we'd just get jealous.. so this kind of conversation is to be done outside of our presence..we're just too envious to handle that kind of dialog.. I meant to post that bit about the "quiet rooms". I guess the ignorant, poor masses are unqualified to discuss the elite rich republicans. Comments like that are why we have the Occupy movement. But it won't happen until he sets an example, stops flinging self-pitying accusations Sure would be nice if someone around here put an end to that too... ;) Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 13, 2012, 08:28:15 pm I'm really not seeing your point. Did Romney want the government to ban this ad? And more to the point, do you think the ad should be banned? Still waiting for an answer... Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 13, 2012, 08:33:25 pm I'm really not seeing your point. Did Romney want the government to ban this ad? And more to the point, do you think the ad should be banned? Still waiting for an answer... Oh! Sorry! Why would Romney want the government to ban the ad? It's legal now! And more to the point, do you think the ad should be banned? Why? It's legal now!!!!! Not like the CU 90 minute ad was! I sure don't want to see the ad banned! Me (or, is it I?) and a few thousand friends have been posting it everywhere! Sarah 12! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 14, 2012, 02:18:40 pm Oh! Sorry! Why would Romney want the government to ban the ad? It's legal now! Why? It's legal now!!!!! Not like the CU 90 minute ad was! I sure don't want to see the ad banned! Me (or, is it I?) and a few thousand friends have been posting it everywhere! Sarah 12! Finally, an ad you don't want to see banned! Too bad it's not based on love of free expression or the first amendment, but heh, at least we can agree on one thing! I expect to see some King of GM ads this fall, since the King of GM forced on GM a reorganization (which you have been wildly supportive of) that resulted in the loss of 30,000 jobs from GM. All hail the King! (http://img43.imageshack.us/img43/2001/kinggeorge.jpg) (http://imageshack.us/photo/my-images/43/kinggeorge.jpg/) Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 14, 2012, 02:39:03 pm loss of 30,000 jobs from GM. GM's laying off 30k? When? 2005? Perhaps your comrades at Newsmax got the numbers switched (http://jobsforveterans.military.com/357/auto-industry-30000-jobs-projected/)? Most likely, they probably use the Fox graphics guys. Quote It’s been a while since we’ve heard good news out of Detroit, but things may starting to be looking up for the U.S. auto industry, as analysts from the Center for Automotive Research announced today that the Big Three — General Motors, Ford and Chrysler — are likely to add 30,000 hourly and salaried employees in the U.S. by 2015. According to an article by the Detroit Free Press, the projected good news should also spread to auto manufacturers in general: total employment for all U.S. automakers and suppliers will increase over the next four years by about 28%, or from 590,000 to 756,000. We’ve still got a ways to go to achieve the great heights the U.S. industry enjoyed a few decades ago — in 1978 total employment for GM, Ford and Chrysler was at 1 million, compared to less than 200,000 in 2010 — but all indications are that the tide has turned. From what I hear they're still hiring, reopening plants and selling more cars than they have in years. Thanks King Obama! http://popculturedoneright.smfforfree.com/index.php/topic,1050.msg10301.html#msg10301 Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 14, 2012, 03:01:30 pm GM's laying off 30k? When? 2005? Perhaps your comrades at Newsmax got the numbers switched (http://jobsforveterans.military.com/357/auto-industry-30000-jobs-projected/)? Most likely, they probably use the Fox graphics guys. From what I hear they're still hiring, reopening plants and selling more cars than they have in years. Thanks King Obama! http://popculturedoneright.smfforfree.com/index.php/topic,1050.msg10301.html#msg10301 Actually, I got my numbers from the New York Times. http://topics.nytimes.com/top/reference/timestopics/subjects/c/credit_crisis/auto_industry/index.html (http://topics.nytimes.com/top/reference/timestopics/subjects/c/credit_crisis/auto_industry/index.html) Really Howey, you're actually trying to pass off projected jobs as actual jobs? That would be deceptive if it wasn't so obvious! I guess this pile of inaccuracy you'll count in your "win" column? Man it's like shooting fish in a barrel... Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 14, 2012, 04:25:42 pm Actually, I got my numbers from the New York Times. http://topics.nytimes.com/top/reference/timestopics/subjects/c/credit_crisis/auto_industry/index.html (http://topics.nytimes.com/top/reference/timestopics/subjects/c/credit_crisis/auto_industry/index.html) WTF? So you're using an updated article from 2010, two years ago? Scared to find anything more recent? Nevahmind...Didja know the 30k jobs you cited were also from Ford? Who didn't get a bailout??? From your article: Quote Ford announced a restructuring plan it called "The Way Forward" that involved shedding 30,000 hourly jobs and 14,000 salaried workers Quote The article also has glowing praise for the auto industry. Example: Quote By the spring of 2010 the entire automotive industry was on the rebound, and G.M. said it expected to return to profitability for the year. By the summer, G.M, which had already repaid a $6.7 billion loan, was talking about going public in the fourth quarter, a move that would give the government a way to slowly sell its majority stake in the company's stock. The first models of the all-electric Volt also began rolling off the production line. But you didn't need to include that in your wholesale dismissal of the entire American auto companies, didja? Just why do you hate American auto workers so much? Are you Japanese or something? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 14, 2012, 04:41:36 pm Really Howey, you're actually trying to pass off projected jobs as actual jobs? Ok! (http://www.detroitnews.com/article/20111119/BIZ/111190348) Quote The Michigan economy surprised forecasters this year, adding more jobs than expected. Even better: many of those jobs have been high-paying auto and professional positions. The state will end the year with a gain of 63,000 jobs, according to a new forecast from the University of Michigan. That's only the second time since 2000 the state added more jobs than the year before, and well above the gain of 38,000 jobs in 2010... Fulton credits the faster pace to Michigan's auto industry, which created 25,000 jobs this year and 19,000 in 2010. It's a big change from the years when the auto industry's painful restructuring cost Michigan jobs in industries that served carmakers and their workers. "Once Michigan's curse, the manufacturing sector has become its blessing," Fulton said. More from the WSJ: (http://online.wsj.com/article/SB10001424052970203513604577140440852581080.html) Quote Auto makers capped 2011 with a strong December and forecast the recovery in U.S. sales would intensify as long as a stabilizing economy and improved U.S. job gains continue to encourage shoppers. Detroit auto makers reported increases in vehicle sales for December, with Chrysler Group LLC posting a 37% rise, Ford Motor Co. citing a 10% gain and General Motors Co. reporting a 4.6% increase. For the full year, Chrysler's sales rose 26%, Ford's 11% and GM's 13%. All told, auto makers sold 1.2 million cars and light trucks in December, a rise of 8.7% from the same month in 2010, according to Autodata Corp. Light vehicles sales for all of 2011 totaled 12.8 million, Autodata said, an increase of 10.3% from 2010. The annualized sales pace in December was 13.56 million vehicles, the second highest of 2011. It also marked the fourth consecutive month in which the sales pace topped 13 million, a positive sign for 2012. Want some more, lilHiro? From McClatchey: (http://www.mcclatchydc.com/2011/12/20/133694/us-auto-industry-shuts-door-on.html) Quote WASHINGTON — After a near collapse at the height of the Great Recession, the streamlined U.S. auto industry defied the odds and outperformed the greater economy this year with solid sales increases, job growth and product innovations that signal that a full industry recovery no longer is just possible, but probable. Credit better quality and pent-up consumer demand for the industry's slow, steady improvement. Customers who were unwilling to gamble on automobile purchases during the recession are coming back to showrooms because the average age of vehicles on U.S. roads is more than 10 years — the highest ever. U.S. car buyers also are getting comfortable with making large purchases in the volatile economy, experts say.. "And that's a big behavioral change from what we saw in '08 and '09. That's good for the industry," said Jesse Toprak, the chief industry analyst for TrueCar.com, an auto-pricing website. After selling roughly 11.8 million cars and trucks last year, U.S. vehicle sales to businesses and consumers are expected to hit nearly 12.8 million in 2011, Toprak said. That's up from 10.6 million at the height of the Great Recession in 2009. Now I see why you had to go back four years for bad news. It was Dubya time! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 14, 2012, 09:51:50 pm Finally, an ad you don't want to see banned! Too bad it's not based on love of free expression or the first amendment, but heh, at least we can agree on one thing! I expect to see some King of GM ads this fall, since the King of GM forced on GM a reorganization (which you have been wildly supportive of) that resulted in the loss of 30,000 jobs from GM. All hail the King! (http://img43.imageshack.us/img43/2001/kinggeorge.jpg) (http://imageshack.us/photo/my-images/43/kinggeorge.jpg/) uh.. what? from your link Tougher competition was only one of G.M.'s problems. In 2005, it stunned the auto world by losing $10.4 billion. It embarked on a reorganization plan that included plant closings and the elimination of 30,000 jobs. G.M. maintained that its turnaround program was showing results, but in the second quarter of 2008, it reported a loss of $15.5 billion (which followed a $3.3 billion first-quarter loss) and announced additional job cuts. that loss was in 2005.. so why do you have a photo of Obama as King George instead of GWB? 4 in the "I guess this pile of inaccuracy you'll count in your "win" column?" Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 15, 2012, 03:50:16 pm WTF? So you're using an updated article from 2010, two years ago? Scared to find anything more recent? Nevahmind...Didja know the 30k jobs you cited were also from Ford? Who didn't get a bailout??? I was interested in how many workers lost their jobs due to the reorganization of GM. That took place in 2009. So what’s wrong with using a 2010 article? If I had wanted to spend more time on it, I would have looked for a source from 2009. And no, I didn’t confuse the numbers with the Ford numbers! You are so on the wrong track! From your article: Quote the spring of 2010 the entire automotive industry was on the rebound, and G.M. said it expected to return to profitability for the year. By the summer, G.M, which had already repaid a $6.7 billion loan, was talking about going public in the fourth quarter, a move that would give the government a way to slowly sell its majority stake in the company's stock. The first models of the all-electric Volt also began rolling off the production line. But you didn't need to include that in your wholesale dismissal of the entire American auto companies, didja? Just why do you hate American auto workers so much? Are you Japanese or something? That point, although valid, had nothing to do with why I posted this information on GM in this particular thread and wasn’t relevant to the point I’m making. I want you to think about what you think my point is and why I posted it in this thread. And of course more demagoguery from you! Ok! (http://www.detroitnews.com/article/20111119/BIZ/111190348) More from the WSJ: (http://online.wsj.com/article/SB10001424052970203513604577140440852581080.html) Want some more, lilHiro? From McClatchey: (http://www.mcclatchydc.com/2011/12/20/133694/us-auto-industry-shuts-door-on.html) Now I see why you had to go back four years for bad news. It was Dubya time! OK I can see you still don’t know why I posted this in this thread! You many need more than a few moments to figure that out! uh.. what? from your link Tougher competition was only one of G.M.'s problems. In 2005, it stunned the auto world by losing $10.4 billion. It embarked on a reorganization plan that included plant closings and the elimination of 30,000 jobs. G.M. maintained that its turnaround program was showing results, but in the second quarter of 2008, it reported a loss of $15.5 billion (which followed a $3.3 billion first-quarter loss) and announced additional job cuts. that loss was in 2005.. so why do you have a photo of Obama as King George instead of GWB? 4 in the "I guess this pile of inaccuracy you'll count in your "win" column?" You, ekg are correct! I did get the wrong numbers, and you accurately saw where I got them. So you get a cookie. Howey doesn’t since he thought I got the numbers from the Ford section when I did get them from the GM section, but you are correct that I copied the wrong numbers. The correct numbers (from that same section) are 21,000 jobs. Now, I could wait and wait to see if you guys could figure out on your own why I posted this GM info in this particular thread, but I think that since I’ve emphasized that throughout this post you probably have all the pieces you need to put the puzzle together. OK well Howey was going in the wrong direction but I’ve given enough clues now. Any guesses? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 15, 2012, 06:12:53 pm That point, although valid, had nothing to do with why I posted this information on GM in this particular thread and wasn’t relevant to the point I’m making. What? That you're Japanese? Or that you hate American auto companies? Of course, it may not be either, since your intention is to "not make Obama look bad". That point, although valid, had nothing to do with why I posted this information on GM in this particular thread and wasnt relevant to the point Im making. I want you to think about what you think my point is and why I posted it in this thread. Oh. I knew where you're going with this. You're trying to tell us that Obama was a venture capitalist who bought and sold companies and enjoyed firing the workers, just like Mitt! Except he didn't. #1, the majority of the bailout came from Bush, Obama just added to it out of TARP, secondly, many of the companies Mitt fucked over (well, actually the employees he enjoyed firing) just ceased to exist, and thirdly, in your desire to "make Obama look good", you don't mention anything at all about the benefits of the bailout; like how many jobs it saved (http://www.cargroup.org/pdfs/bankruptcy.pdf). That's "more than 1 million jobs in the car industry, supply chain, and communities where auto workers spend their paychecks". Nor do you make mention of the fact that upon emerging from bankruptcy, GM added 45,000 jobs. I believe that's 15k more than were lost (http://www.whitehouse.gov/sites/default/files/rss_viewer/one_year_later_autos_report.pdf). See page 4. Not to mention my earlier post about the booming auto business last year, projected to boom even more this year. So, unfortunately, the dessimation of the auto industry didn't happen. Unlike the dessimation of thousands of lives of folks fired by Mitt and his greedy partners. Your point? FAIL! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 15, 2012, 07:13:54 pm Just kidding, lilMike. :D
Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 15, 2012, 09:25:17 pm You, ekg are correct! I did get the wrong numbers, and you accurately saw where I got them. So you get a cookie. Howey doesn’t since he thought I got the numbers from the Ford section when I did get them from the GM section, but you are correct that I copied the wrong numbers. The correct numbers (from that same section) are 21,000 jobs. Now, I could wait and wait to see if you guys could figure out on your own why I posted this GM info in this particular thread, but I think that since I’ve emphasized that throughout this post you probably have all the pieces you need to put the puzzle together. OK well Howey was going in the wrong direction but I’ve given enough clues now. Any guesses? Oh I knew why you posted it here..I just didn't know why you posted the wrong information... but I'll answer you anyway, it's because you're selling the 'Mitt had to restructure companies at Bain to make them more successful the same way Obama did with GM" line... well you go on with your bad self.. too bad it's apples and oranges, since I would bet Bain did this and fired a whole lot more people than 21,000.. but hey look, you're finally a Mitt-man. I'm happy to see you get behind your Presidential candidate. You never struck me as his kind of guy, but you do waffle a lot so maybe I shouldn't be surprised at your conversion.. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 15, 2012, 09:28:18 pm Quote the spring of 2010 the entire automotive industry was on the rebound, and G.M. said it expected to return to profitability for the year. By the summer, G.M, which had already repaid a $6.7 billion loan, was talking about going public in the fourth quarter, a move that would give the government a way to slowly sell its majority stake in the company's stock. The first models of the all-electric Volt also began rolling off the production line. That point, although valid, so you finally admit the bailout worked? Good. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 15, 2012, 09:32:39 pm Oh I knew why you posted it here..I just didn't know why you posted the wrong information... but I'll answer you anyway, it's because you're selling the 'Mitt had to restructure companies at Bain to make them more successful the same way Obama did with GM" line... well you go on with your bad self.. too bad it's apples and oranges, since I would bet Bain did this and fired a whole lot more people than 21,000.. but hey look, you're finally a Mitt-man. I'm happy to see you get behind your Presidential candidate. You never struck me as his kind of guy, but you do waffle a lot so maybe I shouldn't be surprised at your conversion.. He can't support Paul anymore since the Libertarians have been outed. It's much easier to support a nincompoop than a racist. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 15, 2012, 09:41:03 pm He can't support Paul anymore since the Libertarians have been outed. It's much easier to support a nincompoop than a racist. I don't know that Paul is a racist.. I think he's more of "you should be able to serve who you want, it's your business not the gov't".. and that's not from a racist mentality, it's from a guy-living-on-a-mountain-with-1000-cases-of-MRE's-waiting-for-the gov't-takeover mentality.. he can't support Paul because he's not a true libertarian.. he's ok with giving the president any power he needs to fight wars, even if that power is illegal wiretapping..along with fighting wars,illegal or otherwise.... you can't believe in that and call yourself a Ron Paul libertarian.. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 16, 2012, 01:42:48 pm What? That you're Japanese? Or that you hate American auto companies? Of course, it may not be either, since your intention is to "not make Obama look bad". Demagoguery Oh. I knew where you're going with this. You're trying to tell us that Obama was a venture capitalist who bought and sold companies and enjoyed firing the workers, just like Mitt! Except he didn't. #1, the majority of the bailout came from Bush, Obama just added to it out of TARP, secondly, many of the companies Mitt fucked over (well, actually the employees he enjoyed firing) just ceased to exist, and thirdly, in your desire to "make Obama look good", you don't mention anything at all about the benefits of the bailout; like how many jobs it saved (http://www.cargroup.org/pdfs/bankruptcy.pdf). That's "more than 1 million jobs in the car industry, supply chain, and communities where auto workers spend their paychecks". Nor do you make mention of the fact that upon emerging from bankruptcy, GM added 45,000 jobs. I believe that's 15k more than were lost (http://www.whitehouse.gov/sites/default/files/rss_viewer/one_year_later_autos_report.pdf). See page 4. Not to mention my earlier post about the booming auto business last year, projected to boom even more this year. So, unfortunately, the dessimation of the auto industry didn't happen. Unlike the dessimation of thousands of lives of folks fired by Mitt and his greedy partners. Your point? FAIL! Oh I knew why you posted it here..I just didn't know why you posted the wrong information... but I'll answer you anyway, it's because you're selling the 'Mitt had to restructure companies at Bain to make them more successful the same way Obama did with GM" line... well you go on with your bad self.. too bad it's apples and oranges, since I would bet Bain did this and fired a whole lot more people than 21,000.. but hey look, you're finally a Mitt-man. I'm happy to see you get behind your Presidential candidate. You never struck me as his kind of guy, but you do waffle a lot so maybe I shouldn't be surprised at your conversion.. Sometimes the Socratic method can work, albeit only partially. So yes, you’ve made the connection between Obama restructuring GM and Bain taking over and restructuring companies. In both cases, employees lost their jobs during the restructuring, with the hope that the firms could be saved and restored to profitability. So Romney and Obama cut jobs for exactly the same reason. Sometimes it’s just quicker to directly just tell you the truth, but on occasion I try to see if you can parse that out yourselves. It’s difficult to get through your partisan blinders though. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 16, 2012, 03:12:55 pm Demagoguery Sometimes the Socratic method can work, albeit only partially. So yes, you’ve made the connection between Obama restructuring GM and Bain taking over and restructuring companies. In both cases, employees lost their jobs during the restructuring, with the hope that the firms could be saved and restored to profitability. So Romney and Obama cut jobs for exactly the same reason. Sometimes it’s just quicker to directly just tell you the truth, but on occasion I try to see if you can parse that out yourselves. It’s difficult to get through your partisan blinders though. wow.. you really do think that highly of yourself don't you? but this.. So Romney and Obama cut jobs for exactly the same reason. hilarious... But coming from a Romney man? Predictable.. btw, how many jobs did Romney cut anyway? We know Obama's is 21,000.. would you like to match Mitt's up with that number? and are you saying every one was done for the same reason GM's were done? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 16, 2012, 04:21:25 pm Demagoguery Socratic method Gee. They're teaching you the big words in the asylum, aren't they? So yes, you’ve made the connection between Obama restructuring GM and Bain taking over and restructuring companies. In both cases, employees lost their jobs during the restructuring, with the hope that the firms could be saved and restored to profitability. So Romney and Obama cut jobs for exactly the same reason. Talk about missing a point! Again. A n d I ' l l s a y t h i s r e a l s l o w....................................... Obama did not bail out the automakers. That was Bush (http://detroit.about.com/od/bigthreebailout/a/auto_bailout.htm). Quote Dec 22 2008 The auto-industry bailout saga came to an end, at least temporarily, on December 19th, 2008, when President Bush announced a $13.4 billion bailout from TARP funds. While still against the notion of using TARP funds for such a bailout, the President acknowledged the unique circumstances affecting the Detroit auto companies and the disastrous consequences that could result from their disorderly bankruptcies. Of course, the Obama administration had to administer the loans. Unlike many of Mitt's companies, they didn't go belly up and as I've show you 45k, more than the number you cited, have returned to work. Not to mention (again) the success of 2011 and projected success of 2012. Mitt's companies enjoyed a bankruptcy rate over twice of other companies and never rehired all those thousands of workers fired. Most of all, and most importantly, I don't recall Obama making 190 million out of firing people, did he? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 17, 2012, 07:30:58 pm wow.. you really do think that highly of yourself don't you? Eh, not really. It only seems that way in comparison. but this.. So Romney and Obama cut jobs for exactly the same reason. hilarious... But coming from a Romney man? Predictable.. btw, how many jobs did Romney cut anyway? We know Obama's is 21,000.. would you like to match Mitt's up with that number? and are you saying every one was done for the same reason GM's were done? I don't know how many Mitt cut. If you're interested that might be a good project for you, but the exact number wouldn't really change the point. Unless you are arguing that those 21,000 workers lost their jobs for some other reason than the reorganization of GM. I thought the article made that point. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 17, 2012, 07:34:24 pm Gee. They're teaching you the big words in the asylum, aren't they? Talk about missing a point! Again. A n d I ' l l s a y t h i s r e a l s l o w....................................... Obama did not bail out the automakers. That was Bush (http://detroit.about.com/od/bigthreebailout/a/auto_bailout.htm). Of course, the Obama administration had to administer the loans. Unlike many of Mitt's companies, they didn't go belly up and as I've show you 45k, more than the number you cited, have returned to work. Not to mention (again) the success of 2011 and projected success of 2012. Mitt's companies enjoyed a bankruptcy rate over twice of other companies and never rehired all those thousands of workers fired. Most of all, and most importantly, I don't recall Obama making 190 million out of firing people, did he? Howey, I swear, ya kill me! "Talk about missing a point!" HAAA! Ahem, sorry, but that was just too funny! No, I didn't miss the point, you apparently did once again. I was referring to the reorganization of GM, not the bailouts, although bailouts were part of the reorganization, that had nothing to do with Bush. The reorganization plan was all Obama. Thanks for the laugh though! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 17, 2012, 07:44:12 pm Howey, I swear, ya kill me! "Talk about missing a point!" HAAA! Ahem, sorry, but that was just too funny! No, I didn't miss the point, you apparently did once again. I was referring to the reorganization of GM, not the bailouts, although bailouts were part of the reorganization, that had nothing to do with Bush. The reorganization plan was all Obama. Thanks for the laugh though! Enjoy the veal! And rejoice in King Obama's great job in turning around the auto industry! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 17, 2012, 07:46:53 pm Enjoy the veal! And rejoice in King Obama's great job in turning around the auto industry! The lesson? Throw enough cash at something and you can keep it afloat! You didn't have to go to Harvard to figure that one out though. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 17, 2012, 07:50:00 pm The lesson? Throw enough cash at something and you can keep it afloat! You didn't have to go to Harvard to figure that one out though. Again...Bush threw the cash. Obama saved the industry. All hail King Obama! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 17, 2012, 09:32:17 pm Eh, not really. It only seems that way in comparison. I don't know how many Mitt cut. If you're interested that might be a good project for you, but the exact number wouldn't really change the point. Unless you are arguing that those 21,000 workers lost their jobs for some other reason than the reorganization of GM. I thought the article made that point. if you really can't see the difference, then you have to take off the (R) glasses.. here, I smoked pot.. even sold a joint once.. Does that me Pablo Escobar? You're saying it does and I'm telling you, you're uber-partisan.. This is why I tell you, you can't see grey.. because you can't see how selling a single joint is not the same as being the most prolific drug lord ever.. or how restructuring one company and 21,000 jobs is different than doing it day in and day out for 15 years.. it's the reason I tire of any discussion with you.. I simply can't talk to someone who is as religious as you in their (R) belief.. sorry, not trying to insulting, just informative.. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 17, 2012, 09:36:12 pm The lesson? Throw enough cash at something and you can keep it afloat! You didn't have to go to Harvard to figure that one out though. BUsh went to Yale. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 19, 2012, 06:30:26 pm The lesson? Throw enough cash at something and you can keep it afloat! You didn't have to go to Harvard to figure that one out though. BUsh went to Yale. Seems like those Harvard graduates are a lot smarter (http://www.freep.com/article/20120119/BUSINESS0101/120119015/GM-again-the-world-s-largest-automaker?odyssey=nav|head) than Yalies! Quote It’s official. General Motors surpassed Toyota and Volkswagen to reclaim the crown of world’s largest automaker with global sales of 9.03 million vehicles in 2011. That was 11% higher than Volkswagen, which last week reported 2011 global sales of 8.16 million. Toyota has not yet reported its final 2011 sales, but last month the Japanese automaker estimated it sold 7.9 million vehicles globally last year. Toyota’s sales were constrained by production cuts caused my the March 11, 2011, earthquake and tsunami in northeast Japan, and later in the year by flooding in Thailand. GM’s 2011 sales rose 7.6% from 2011. Sales in the U.S. led the way for Chevrolet with total vehicle sales of 1,775,812, up more than 13%. China posted record sales of 595,068, up 9.5% from the previous year. Other markets that posted significant year-over-year increases include Vietnam (79%), Russia (49%), Turkey (30%) and Germany (21%). Let's give King Obama credit for the drop in Michigan's unemployment rate (http://www.tnr.com/blog/jonathan-cohn/99822/michigan-unemployment-gm-chrysler-obama-auto-detroit-bailout) while we're at it! Quote But recovery clearly seems to be underway, most likely because the auto industry is growing again. Government statistics show that the big job gains were in manufacturing and business services. Anecdotally, all three of Detroit's carmakers seem to be doing well now, adding shifts, reopening plants, and adding jobs. (They're also making pretty good cars, although, as you may have heard, the Chevy Volt has some battery problems.) According to a new economic growth index that the Brookings Institution put together, Detroit last year ranked ninth among the nation's 57 largest metropolitan areas. President Obama and his allies will claim credit for this resurgence. They should -- and not just for the obvious reasons. The decision to rescue the Chrysler and General Motors in early 2009 was not particularly popular. The only way to save the industry was to put up federal dollars, something presumptive Republican nominee Mitt Romney now says he opposed. It was certainly not what the public, already tired of bailouts and (in some cases) unions, wanted to hear. But even in Michigan, the plan provoked ambivalence. The Obama administration was serious about using the structured bankruptcy to reorganize the companies into leaner, more competitive firms. That meant layoffs and, over the long-term, significantly lower pay for unionized auto workers. Only recently has the upside started to become clear. *Cue lilMike posting a link from the Bush years about how shitty GM is and blaming everything on Obama. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 19, 2012, 08:59:20 pm if you really can't see the difference, then you have to take off the (R) glasses.. here, I smoked pot.. even sold a joint once.. Does that me Pablo Escobar? You're saying it does and I'm telling you, you're uber-partisan.. This is why I tell you, you can't see grey.. because you can't see how selling a single joint is not the same as being the most prolific drug lord ever.. or how restructuring one company and 21,000 jobs is different than doing it day in and day out for 15 years.. it's the reason I tire of any discussion with you.. I simply can't talk to someone who is as religious as you in their (R) belief.. sorry, not trying to insulting, just informative.. Your example only makes sense if you think Obama made a mistake in having the reorganization plan for GM. Correct me if I'm wrong, but I thought you were in favor of it? If you think it was a good idea for Obama to restructure a company, why is it wrong when Romney does it? Oh, maybe it's just the cash. http://thehill.com/homenews/senate/205025-dems-receive-more-bain-dollars-than-gop (http://thehill.com/homenews/senate/205025-dems-receive-more-bain-dollars-than-gop) Bain gives more campaign money to Democrats than it does to Republican Democrats have accepted more political donations than Republicans from executives at Bain Capital, complicating the left’s plan to attack Mitt Romney for his record at the private-equity firm. During the last three election cycles, Bain employees have given Democratic candidates and party committees more than $1.2 million. The vast majority of that sum came from senior executives. Republican candidates and party committees raised over $480,000 from senior Bain executives during that time period. Recipients include Democratic senators facing tough reelection races this year, such as Jon Tester (Mont.), Claire McCaskill (Mo.), Sherrod Brown (Ohio) and Bill Nelson (Fla.). The Hill reviewed contributions made from the 2008, 2010 and 2012 cycles. Romney has collected more money from Bain Capital employees than any federal candidate since the beginning of 2007, amassing more than $166,000 in contributions. He took more than $84,000 from Bain employees in the first three quarters of 2011. But President Obama received a sizable share as well. He has accepted more than $80,000 from Bain employees since the beginning of 2007. Bain Capital employees gave $27,500 to Obama during the first three quarters of 2011. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 19, 2012, 09:23:20 pm I guess the Bain EMPLOYEES felt a little guilt. They probablyy also thought Mittens was paying for his campaign with his hidden offshore accounts. ;)
Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 19, 2012, 09:23:40 pm Seems like those Harvard graduates are a lot smarter (http://www.freep.com/article/20120119/BUSINESS0101/120119015/GM-again-the-world-s-largest-automaker?odyssey=nav|head) than Yalies! Let's give King Obama credit for the drop in Michigan's unemployment rate (http://www.tnr.com/blog/jonathan-cohn/99822/michigan-unemployment-gm-chrysler-obama-auto-detroit-bailout) while we're at it! *Cue lilMike posting a link from the Bush years about how shitty GM is and blaming everything on Obama. if he's as honest and 'non partisan' as he pretends he'll have nothing but good things to say.. my guess is he'll throw 1/2 a compliment and the a big ole 'But...' Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 19, 2012, 09:32:22 pm Your example only makes sense if you think Obama made a mistake in having the reorganization plan for GM. Correct me if I'm wrong, but I thought you were in favor of it? If you think it was a good idea for Obama to restructure a company, why is it wrong when Romney does it? how in the hell does my example make sense only if Obama made a mistake.. You're claiming what Obama once did and what Romney did for 10 years are the same thing.. My example is highlight how they are not the same in any way, you think there is no difference between me selling one joint and Pablo Escobar who sold billions.. you're blinders can only see black and white, again! You cannot see there is a difference in my single joint sale and Escobar's extreme drug sale.. and this is where you've changed since it's Obama in office and why any discussion with you is about as fun and informative as watching paint dry. This hard-line radical stance you have shuts down any kind of forward moving conversation.. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 19, 2012, 10:01:43 pm how in the hell does my example make sense only if Obama made a mistake.. You're claiming what Obama once did and what Romney did for 10 years are the same thing.. My example is highlight how they are not the same in any way, you think there is no difference between me selling one joint and Pablo Escobar who sold billions.. you're blinders can only see black and white, again! You cannot see there is a difference in my single joint sale and Escobar's extreme drug sale.. and this is where you've changed since it's Obama in office and why any discussion with you is about as fun and informative as watching paint dry. This hard-line radical stance you have shuts down any kind of forward moving conversation.. No, your example between Escobar and you selling a joint doesn't even apply. That has nothing to do with this issue, because implicit in that example is that Obama made a mistake, just a smaller one than Romney. If I recall (and you'll correct me if I'm wrong!) you supported the GM bailout and the Obama reorganization plan for GM, which led to 21,000 workers losing their jobs. Now, do you think that was a mistake, just not as big as Romney's firing of workers when reorganizing their companies (and I'd like to know if Romney got anywhere near firing 21,000 workers)? Or... do you think Obama's reorganization of GM, including the firing of those workers, were vital to saving the company? Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 20, 2012, 09:30:17 am Obama reorganization plan for GM, which led to 21,000 workers losing their jobs. For someone who professes to be smart, you ain't. Quote Fulton credits the faster pace to Michigan's auto industry, which created 25,000 jobs this year and 19,000 in 2010. See? That's the 21k back plus some more. Why won't you give Obama credit? Now, do you think that was a mistake, just not as big as Romney's firing of workers when reorganizing their companies (and I'd like to know if Romney got anywhere near firing 21,000 workers)? Or... do you think Obama's reorganization of GM, including the firing of those workers, were vital to saving the company? a. Romney's actions were not to create jobs, they were to destroy jobs by restructuring companies. And, mostly, weren't effective. b. Romney, in his own words, has stated he was in the business to make money (http://www.marketwatch.com/story/romney-was-a-businessman-not-a-job-creator-2012-01-19). Not jobs. Quote Romney’s mission was to deliver high returns to his investors. He wasn’t running a charity ward. He wasn’t some do-gooder who spent every waking hour thinking of the jobs he’d create, of the lives he’d transform. His job was to make money, not create jobs. By all accounts, he was very successful. But the fact remains that businesses aren’t job creators; they are profit maximizers. The two goals are very different. Romney is a product of Harvard Business School. There are no classes at Harvard in “job creation.” Harvard MBAs are taught to rigorously analyze all aspects of business success, putting in place a good plan and good management. They learn that modern business is primarily about two things: finding a market and controlling costs. For businesses, jobs effectively are a necessary evil. Jobs represent a cost, which must be minimized. Of course, the business must hire some people to produce its goods and services, but the focus is always on profit. If it’s profitable to hire more workers, then the business will hire more workers. If it’s profitable to fire workers, then most businesses will fire workers. Soo....ya see lilSweetcheeks: Romney didn't care about the jobs or the little guy, he cared about the money. Obama, by restructuring GM, managed to restore the jobs lost plus thousands more and GM made a shitload of money on top of that. Winning! Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 20, 2012, 12:00:27 pm No, your example between Escobar and you selling a joint doesn't even apply. That has nothing to do with this issue, because implicit in that example is that Obama made a mistake, just a smaller one than Romney. It has nothing to do with a 'mistake'.. my example is dead on, you're just caught being foolish and you're incapable of moving your radical position forward. This whole nonsense started out because you thought you were being obtuse and cute by bringing 'the King of GM". You were comparing Obama's single restructure with Romney's 10 years of of gobbling up companies and selling the bits and pieces. My example highlights the ridiculousness of that position.. it matters not whether Obama was right and Romney was wrong.. those black and white, hard-line positions are in you, not me. You think neither is wrong,you think both are equal. answer this question. just the question as it's asked.. not as seen through 'lil mike's radical filter'.. I smoked pot.. even sold a joint once.. Does that me Pablo Escobar? yes or no, it's a simple question. If I recall (and you'll correct me if I'm wrong!) you supported the GM bailout and the Obama reorganization plan for GM, which led to 21,000 workers losing their jobs. Now, do you think that was a mistake, just not as big as Romney's firing of workers when reorganizing their companies (and I'd like to know if Romney got anywhere near firing 21,000 workers)? Or... do you think Obama's reorganization of GM, including the firing of those workers, were vital to saving the company? you know full-well that I supported the bailout.. that is not the issue at hand right now so stop trying to change the subject on this line of discussion. and btw, your rose-colored glasses are foggy if you really feel that in all Romney's time not even 21,000 people lost their jobs.. here's just one example of what Bain did.. Quote Apparently they liked what they saw. Soon after, in October 1993, Bain Capital, co-founded by Mitt Romney, became majority shareholder in a steel mill that had been operating since 1888. It was a gamble. The old mill, renamed GS Technologies, needed expensive updating, and demand for its products was susceptible to cycles in the mining industry and commodities markets. Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they'd been promised, and their pension benefits were cut by as much as $400 a month. What's more, a federal government insurance agency had to pony up $44 million to bail out the company's underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees. http://blog.american.com/2012/01/why-is-romney-doing-such-a-lousy-job-defending-his-record-at-bain-capital/ He fucked up the lives of 750 people in one fell swoop and then had the gov't bail him out while his company still pocketed millions of tax payer's money when he was bailed out. That's just a single transaction in his 10,000 transactions and 750 investments.. Bain Capital wasn't a 'job-creating' venture, it was a capital venture, they were out to make massive profits, not job creation.. face it, your pick is a shyster plain and simple... but like the Weekly Standard says.. Quote Third, the conversation about Bain must be shut down for the same reason the primary process has continually been declared “over”—because the Republican establishment has decided that Mitt Romney must be the nominee and any attempt to derail that outcome must be quashed. That’s fine. The Republican establishment is certainly entitled to pursue its own interests. But conservatives do not have a duty to aid them. We will have a series of elections and the voters will decide who the nominee will be. In the course of that process, the voters are entitled to take a long and detailed look at Mitt Romney’s chief stated qualification for the presidency. too bad you're in lock-step with the 1st paragraph instead of the 2nd.. but you're not really a conservative and you always follow the establishment don't you. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: uselesslegs on January 20, 2012, 02:17:29 pm When you're ultimate goal is profit, whether a company fails or is successful, you're in it for the wrong reasons. You're employees are counting on you to have their best interests as part of the overall reasoning for success. If they're viewed as just a necessary evil that can be expunged if it's more profitable to just gut and collapse their workplace for resale, insurance money, bankruptcy...you're in it for the wrong reasons.
We've decided success is the size of your bank account (or off shore holdings) and that gives preferential treatment to the bottom line, even when by any measure, the bottom line in many cases, is already astronomical...BUT...there's more to be had. If you're not helping the worker, then you're helping yourself and...you're in it for the wrong reasons. People should not be stepping stones with expiration dates as they help you accumulate mass wealth. It really is such a fuckin sad travesty that we've let wealth define every other aspect of humanity now...fuckin sad. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 20, 2012, 11:20:09 pm It has nothing to do with a 'mistake'.. my example is dead on, you're just caught being foolish and you're incapable of moving your radical position forward. This whole nonsense started out because you thought you were being obtuse and cute by bringing 'the King of GM". You were comparing Obama's single restructure with Romney's 10 years of of gobbling up companies and selling the bits and pieces. My example highlights the ridiculousness of that position.. it matters not whether Obama was right and Romney was wrong.. those black and white, hard-line positions are in you, not me. You think neither is wrong,you think both are equal. answer this question. just the question as it's asked.. not as seen through 'lil mike's radical filter'.. I smoked pot.. even sold a joint once.. Does that me Pablo Escobar? yes or no, it's a simple question. No. And it's a dumb question, and you know it. But that's nothing compared to you saying that, "it matters not whether Obama was right and Romney was wrong." You keep dodging the issue. Purposefully. That's why you would rather talk about selling a joint then whether it was better to cut those jobs and save the the company than not. I get it. you know full-well that I supported the bailout.. that is not the issue at hand right now so stop trying to change the subject on this line of discussion. and btw, your rose-colored glasses are foggy if you really feel that in all Romney's time not even 21,000 people lost their jobs.. here's just one example of what Bain did.. He fucked up the lives of 750 people in one fell swoop and then had the gov't bail him out while his company still pocketed millions of tax payer's money when he was bailed out. That's just a single transaction in his 10,000 transactions and 750 investments.. Bain Capital wasn't a 'job-creating' venture, it was a capital venture, they were out to make massive profits, not job creation.. face it, your pick is a shyster plain and simple... but like the Weekly Standard says.. too bad you're in lock-step with the 1st paragraph instead of the 2nd.. but you're not really a conservative and you always follow the establishment don't you. What is the mechanism for saving those 750 jobs? Your excerpt seemed to make clear that the company wasn't salvageable. So what should have been done? Just like there wasn't a path that would allow those 21,000 jobs to be saved at GM, there wasn't a path to to save those 750. There have been a lot of job losses in the steel industry since the 70's. In fact, the US steel industry is in good shape now, in spite of government help. I'll link this for you, not that it will matter. http://www.nytimes.com/2008/11/23/business/worldbusiness/23iht-steel.1.18064775.html?pagewanted=all (http://www.nytimes.com/2008/11/23/business/worldbusiness/23iht-steel.1.18064775.html?pagewanted=all) Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 20, 2012, 11:56:50 pm No. And it's a dumb question, and you know it. Yes! and so is your comparison.. and you know it as well, why won't you simply admit it and move on. Obama (or me), is not the same as Mitt (or Escobar).. duh! So why are you trying to put a shiney-gloss on Mitt by making Obama's actions equal to his own? Just own it already.. But that's nothing compared to you saying that, "it matters not whether Obama was right and Romney was wrong." You keep dodging the issue. Purposefully. That's why you would rather talk about selling a joint then whether it was better to cut those jobs and save the the company than not. I get it. staying on topic and not letting you change the conversation because you're uncomfortable is not dodging.. In some cases it is better to cut some to save the whole, I will never say differently.. but not in all cases... and you can't say that that was Mitt's goal each and every time, that would be bullshit.. his goal, his only goal was to make money. to get the investment back in triplicate, if cutting a few jobs to save the whole would do that, that's what he did.. if killing them all and selling the pieces was more profitable, well he did that as well... do you deny any of that? none of which is comparable to what Obama did. Had he done it to 100's of corporations then you could make your comparison.. But he didn't, he did it once and to a single company that asked for the Gov't help... and for that help, they had to do what the legal minds of the gov't said to do.. and that was lose 21,000 jobs.. which in the end created thousands more and put GM back in the number one spot... and speaking of dodging, you were the one who was anti- this bailout, you would have let the auto industry die taking millions of jobs with it... do you care to admit your brilliant assessment was wrong? What is the mechanism for saving those 750 jobs? Your excerpt seemed to make clear that the company wasn't salvageable. So what should have been done? Just like there wasn't a path that would allow those 21,000 jobs to be saved at GM, there wasn't a path to to save those 750. There have been a lot of job losses in the steel industry since the 70's. In fact, the US steel industry is in good shape now, in spite of government help. I'll link this for you, not that it will matter. http://www.nytimes.com/2008/11/23/business/worldbusiness/23iht-steel.1.18064775.html?pagewanted=all (http://www.nytimes.com/2008/11/23/business/worldbusiness/23iht-steel.1.18064775.html?pagewanted=all) and? I'm not doubting you or going after Romney for what he did.. Not right now, not in this thread.. and my issue would be the bail out and broken promises, not necessarily the lost jobs.. steel work is rough, and many mills closed... I'm not micro-focused on those jobs the way you are.. It was just a point that answered your incredibly naive statement of "and I'd like to know if Romney got anywhere near firing 21,000 workers".. it was an example out of his 10,000... if you would like to talk about the steel industry throughout the 70' until the present, have at it in a new thread... my only reason for bring it up to counter that ridiculous statement of yours re:that article.. it turned out wrong didn't it... all that doom and gloom didn't pan out the way it said.. the bailout worked out the way the 'partisans' said it did.. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 21, 2012, 01:12:09 pm This is what saving the auto-industry did..
http://www.bloomberg.com/news/2012-01-18/auto-plants-at-capacity-buoying-all-parts-of-u-s-economy-cars.html and that is why I was for it. Just this one industry alone helps create more jobs throughout the system.. and letting it fail, at the time, would have crippled this country in ways we'd never seen before.. This is the difference it what Obama did and what Mitt does at Bain. Obama's goal wasn't to make millions, it was to save jobs, thus helping to save the US and world's economy. Mitt's goal is to make millions, if a job or two gets saved in the process, ok..the same way if 100 are lost in the process is OK... his intended goal is to repay the investment in millions.. and no one, not even he, can say differently.. This doesn't make Obama some 'god' of the working man... this had to be done in order to keep the country from real devastation. But to compare what Mitt did to Obama is patently retarded.. and for Mitt(or anyone else) to pretend his goal at Bain was altruistic is utter bullshit. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: Howey on January 21, 2012, 03:41:48 pm This is what saving the auto-industry did.. http://www.bloomberg.com/news/2012-01-18/auto-plants-at-capacity-buoying-all-parts-of-u-s-economy-cars.html and that is why I was for it. Just this one industry alone helps create more jobs throughout the system.. and letting it fail, at the time, would have crippled this country in ways we'd never seen before.. This is the difference it what Obama did and what Mitt does at Bain. Obama's goal wasn't to make millions, it was to save jobs, thus helping to save the US and world's economy. Mitt's goal is to make millions, if a job or two gets saved in the process, ok..the same way if 100 are lost in the process is OK... his intended goal is to repay the investment in millions.. and no one, not even he, can say differently.. This doesn't make Obama some 'god' of the working man... this had to be done in order to keep the country from real devastation. But to compare what Mitt did to Obama is patently retarded.. and for Mitt(or anyone else) to pretend his goal at Bain was altruistic is utter bullshit. Wow...from your linky Quote Ohio added 79,300 jobs through November 2011 from December 2010, an improvement from a decade when only Michigan among U.S. states lost a larger percentage of jobs, according to the federal Bureau of Labor Statistics. Ohio was second in the nation to Michigan in vehicle production in 2010, according to the state Department of Development. Quote Michigan gained 63,500 jobs in 2011, according to the Research Seminar in Quantitative Economics at the University of Michigan. It was the first job gain in the state since the turn of the century. HOW DARE OBAMA DO THIS! HOW DARE THE SOCIALIST KENYAN TRY TO DESTROY OUR COUNTRY BY CREATING *SHUDDER* JOBS! See, ekg....It's like this. We can trot out link after link proving lilMittens wrongo, yet in his obstinate refusal to accept he's wrongo, he'll sputter and sputter and sputter and pull more links from 2005, or 2008, or whenever to "prove" Obama has failed us. We won't convince him of anything, as manly as that would be for him to swallow his pride, pull up his britches, and say; "Yeah, you guys are right. Obama saved the automobile industry." It'll never happen. Not as long as there's a BLACK MAN leading our country, cuz that's what it's all about! He's the right's boogeyman and he's scared them into insanity. :-\ Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: lil mike on January 21, 2012, 05:49:50 pm Yes! and so is your comparison.. and you know it as well, why won't you simply admit it and move on. Obama (or me), is not the same as Mitt (or Escobar).. duh! So why are you trying to put a shiney-gloss on Mitt by making Obama's actions equal to his own? Just own it already.. staying on topic and not letting you change the conversation because you're uncomfortable is not dodging.. In some cases it is better to cut some to save the whole, I will never say differently.. but not in all cases... and you can't say that that was Mitt's goal each and every time, that would be bullshit.. his goal, his only goal was to make money. to get the investment back in triplicate, if cutting a few jobs to save the whole would do that, that's what he did.. if killing them all and selling the pieces was more profitable, well he did that as well... do you deny any of that? none of which is comparable to what Obama did. Had he done it to 100's of corporations then you could make your comparison.. But he didn't, he did it once and to a single company that asked for the Gov't help... and for that help, they had to do what the legal minds of the gov't said to do.. and that was lose 21,000 jobs.. which in the end created thousands more and put GM back in the number one spot... and speaking of dodging, you were the one who was anti- this bailout, you would have let the auto industry die taking millions of jobs with it... do you care to admit your brilliant assessment was wrong? and? I'm not doubting you or going after Romney for what he did.. Not right now, not in this thread.. and my issue would be the bail out and broken promises, not necessarily the lost jobs.. steel work is rough, and many mills closed... I'm not micro-focused on those jobs the way you are.. It was just a point that answered your incredibly naive statement of "and I'd like to know if Romney got anywhere near firing 21,000 workers".. it was an example out of his 10,000... if you would like to talk about the steel industry throughout the 70' until the present, have at it in a new thread... my only reason for bring it up to counter that ridiculous statement of yours re:that article.. it turned out wrong didn't it... all that doom and gloom didn't pan out the way it said.. the bailout worked out the way the 'partisans' said it did.. OK I guess the Socratic method doesn't work. I totally misunderestimated the ideological blinders you choose to wear. Basically you seem to think that the primary and most important difference is motive. Mitt was trying to make money, Obama was trying to insure a continued flow of union money. Mitt was trying to gain personally, Obama was trying to gain for his party. OK got it. As to your comment about my opposition to the bailout, you're damn right I was opposed to it and I am still opposed to it. For reasons that I've already enumerated multiple times (although all of those reasons have mind have most likely vanished into the ether now). The bail out/ Obama reorganization plan didn't work any better than allowing Chapter 11 to continue. Based on your previous comments, you thought that Chapter 11 would lead to a liquidation of GM; it would just vanish as a company, and I've never been able, despite all evidence, to convince you otherwise. My "brilliant assessment" was correct, and I doubt I'll have reason to change my mind, at least until the stock price gets to the break even point (about 52; it was at 25 on Friday). So far, it's still a loser for the tax payer and I still doubt it was reorganized enough to be on a firm footing. That was the purpose of the Chapter 11. Title: Re: The King of Bain - When Mitt Romney Came to Town Post by: ekg on January 22, 2012, 12:36:24 pm OK I guess the Socratic method doesn't work. I totally misunderestimated the ideological blinders you choose to wear. Basically you seem to think that the primary and most important difference is motive. Mitt was trying to make money, Obama was trying to insure a continued flow of union money. Mitt was trying to gain personally, Obama was trying to gain for his party. OK got it. you're simply unable or unwilling to see how retarded you're being.. I am not Escobar, Obama is not Romney.. you can try all you want to put that square peg into the circular hole but it won't fit. That's not me wearing blinders, that's just reality.. |