Vicious and Idiotic

Discussion in 'Politics' started by kut2k2, May 11, 2012.

  1. lol
     
    #61     May 16, 2012

  2. .............according to right-wing conspiracy nuts everywhere whose judgement is highly questionable.

    Really, the above words speak for themselves. Thanks for showing us an example of a right-wing, conspiracy nut. Try to get a grip. Stop listening to Fox News........ it'll rot your brain.
     
    #62     May 16, 2012
  3. Lucrum

    Lucrum

    According to the facts dumb ass.


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    #63     May 16, 2012
  4. I have a long way to go to catch up to you, obviously. What exactly is the conspiracy here? These guys are shady at best. Rezko is in jail, what more evidence do you need. Are you saying he isn't buddies with obama? rev wright isn't a racist? I even left Ayers out because it isn't provably clear what obamas relationship is with him.

    These associations are clearly more alarming than a 65 year old guy that bullied some kid as a teen. What in my post is wrong?
     
    #64     May 16, 2012
  5. piezoe

    piezoe

    There is not enough information here or in the WSJ report to answer the question of how many take overs were intended to be predatory from the start and how many were intended to be turn-arounds, and the success rate in each of these distinct activities.. In a predatory leveraged buyout a company is taken over merely to raid its assets and leave a bankrupt shell, or one that soon will be. In a non-predatory take over, management changes, assets and lines of credit are preserved, excessive leverage is avoided, operational efficiencies are introduced, and the new management attempts to grow the financial and customer base of the company.

    Bain could have been, probably was, involved in both types of take overs. What would be nice to know is whether they ever used illegal activities such as naked shorting to move in on a company.
     
    #65     May 16, 2012
  6. Brass

    Brass

    Sure, but there's a pattern among those that failed: buy; slash expenses substantially to give the appearance of sustainable cash flow improvement; take on maximum debt ("look how new & improved we are"); declare dividends large enough to endanger the company's very existence; oh, well. Repeat. To deny this predatory process is to be willfully ignorant. Add to this activity the companies on which Bain actually lost its entire "investment," and you have an outfit that has only itself in mind to the exclusion of all other players, including those ostensibly within its fold, and one that bites off more than it can chew with some regularity. Sure Bain made money, but it played fast and loose. And that's the ethic you want to install into the White House? Your comparing Romney with Buffett is so off the mark it's ridiculous.
     
    #66     May 16, 2012
  7. Obama is a murderer, no jobs for these guys.

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    #67     May 16, 2012
  8. Brass

    Brass

    I only remarked on his consistency over time: drive-by haircuts.
     
    #68     May 16, 2012
  9. pspr

    pspr

    Obama has to kill them. He doesn't want to be seen filling up Gitmo and actually questioning captives for information. He has no place for prisoners. Killing is seen as cleaner and less of a chance to be imbarrasing if something happens in prison.
     
    #69     May 16, 2012
  10. Ricter

    Ricter

    So true. Solyndra comes to mind.
     
    #70     May 16, 2012