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1StrongBlackMan

(31,849 posts)
9. I think this ought to be ...
Mon May 14, 2012, 12:43 PM
May 2012

broadcast far and wide; however, with one amendment.

Step 1, as listed states: "Borrow millions of dollars to purchase a STRUGGLING company using the company itself as collateral."


The fact that needs to be broadcast is, most, if not all, of Bain's targetted companies were making money, prior to Bain's involvement (that's what made them attractive in the first place).

The "struggling" part, even if true, would lend a measure of economic utility to the romney plan, as the argument goes, "the target company was headed toward failure anyway. We were attempting to save the company; but on occasion, this was not possible, so we were sought to increase shareholder value for when the company met its inevitable demise."

So I would suggest the following framing:

Step 1, as listed states: "Borrow millions of dollars to purchase an EXISTING company using the company itself as collateral."


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Ooooooeeeeee, OUCH!!! Nice Earl..n/t monmouth May 2012 #1
Nice and succinct, EarlG! Gidney N Cloyd May 2012 #2
K+R How can we edcantor May 2012 #3
STEP 3.5. New dress code for the company. Everyone has short hair - TBF May 2012 #4
Whats funny is whenever the bullying history has come up jonthebru May 2012 #5
Here's a pretty good article about the Vulture Capitalists at Bain. bluesbassman May 2012 #8
Thanks for the link dmr May 2012 #30
Thanks for the link but remember MA voters are well versed in his business practices chelsea0011 May 2012 #32
Wait just one minute--there was a LOT going on that caused that vote and a lot that people do not MADem May 2012 #36
I always chuckle when I hear Romney speak of starting a business. JohnnyRingo May 2012 #6
Perfect, that's exactly the way he does it just1voice May 2012 #7
I think this ought to be ... 1StrongBlackMan May 2012 #9
I'd say "...purchase a solvent company... " or just "...purchase a company... " Gidney N Cloyd May 2012 #15
Good point EarlG May 2012 #17
Excellent synopsis on how RMoney works... Spazito May 2012 #10
K & R Scurrilous May 2012 #11
He gets his money the same way Chainsaw Al did. Let's hope Auntie Bush May 2012 #12
You should silk screen this on T-Shirts. closeupready May 2012 #13
Making that man president would just solidify the Wall St. criminals. Initech May 2012 #14
...And that's how you play The Vulture Capitalist Rag. Taa-daa! MrScorpio May 2012 #16
That's the Wall St way alright. nt raouldukelives May 2012 #18
My husband worked for a large findrskeep May 2012 #19
You should contact the DNC with your husband's story. Brigid May 2012 #29
When Romney loses this fall he can make more money doing late night infomercials. Yo_Mama_Been_Loggin May 2012 #20
Heads I win tails you lose. n/t CanOfWhoopAss May 2012 #21
This is perfect! Brigid May 2012 #22
And some bumper stickers. Maybe a billboard! crunch60 May 2012 #24
I think it should be noted veganlush May 2012 #23
Old English "debtors prison", back in action today, and growing. crunch60 May 2012 #25
K & R !!! WillyT May 2012 #26
Bain Capital WoodyM90 May 2012 #27
K/R Thats the way it works. lib2DaBone May 2012 #28
Brilliant: "If they want to have a War On Terror.. they should start here." SunSeeker May 2012 #31
Only thing is, and I understand it's messaging, but Obama's people are saying that's not capitalism. joshcryer May 2012 #33
Casts McCain/Levin's Indefinite Detention provisions in NDAA 2012 in a very bright light. nt patrice May 2012 #34
Step 7--Dubya didn't want us to forget Poland, now don't you dare forget Switzerland! MADem May 2012 #35
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