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Author Topic: Looks like the government is better at business than Romney  (Read 732 times)
whork
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« on: October 27, 2012, 02:37:33 AM »

http://www.thedailyshow.com/watch/thu-october-25-2012/picking-winners---losers
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tonymctones
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« Reply #1 on: October 27, 2012, 12:04:16 PM »

ahhhhh youre a blacken gimmick
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GigantorX
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« Reply #2 on: October 27, 2012, 12:07:05 PM »

That's the thing, he and Bain Capital risked their own capital on these ventures. They did a pretty good job as well.
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magikusar
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« Reply #3 on: October 27, 2012, 12:16:10 PM »

It is no longer even debated that capitalism produces the best.

The strategy now is to leech offa capitalism's production and pay self crony money.

US constitution was best implementation so far of limiting the leeching.

If we simply stuck to it, we would all be 3-10x as rich.  Not equal but everyone richer by far with better tek that crony communism and unions hold back.

"Progressives" oddly are ones who stall progress.

A pension is paying someone to sit on ass...... simply get rida that kinda thing and everyone in the game working, then second half is reduce government so losers can go out biz and winners hire them after losers fail at unproductive actions.  We see the reverse where government pays losers to lose.
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chadstallion
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« Reply #4 on: October 27, 2012, 12:17:31 PM »

thanks, OP, for this post. you beat me to it.
something y'll wont see on the fair and balanced network.
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w
chadstallion
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« Reply #5 on: October 27, 2012, 12:18:07 PM »

That's the thing, he and Bain Capital risked their own capital on these ventures. They did a pretty good job as well.
just not as good as the government. recheck the percentages
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w
GigantorX
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« Reply #6 on: October 27, 2012, 12:21:40 PM »

just not as good as the government. recheck the percentages

Again, IT WAS ROMNEY AND BAIN CAPITALS MONEY.

They weren't gambling with our tax dollars.

Get the difference?

The segment also leaves out a lot details.

-What is the relative health of those surviving companies?
-Margins?
-# of employees?
-Do they actually make money or do those "helped" by the govt. continue to rely on taxpayer funds to survive?
-Among other things.

Stewart left that all out which isn't all that surprising.
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Soul Crusher
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« Reply #7 on: October 27, 2012, 01:43:49 PM »

I don't remember being given a choice whether to invest in solyndra or not. 
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Straw Man
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« Reply #8 on: October 27, 2012, 02:41:43 PM »

That's the thing, he and Bain Capital risked their own capital on these ventures. They did a pretty good job as well.

most of the deals were the equivalent of subprime mortgages
Bain puts 5% down and gets financing for 95% of the purchase
The company not only has crushing debt payments but they also have to pay management fees to Bain.    The next step is layoffs and sending jobs overseas.
Bain easily recoups their 5% initial investment and everything else is gravy
When the company is sucked dry they move on to the next victim
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War-Horse
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« Reply #9 on: October 27, 2012, 03:06:52 PM »

most of the deals were the equivalent of subprime mortgages
Bain puts 5% down and gets financing for 95% of the purchase
The company not only has crushing debt payments but they also have to pay management fees to Bain.    The next step is layoffs and sending jobs overseas.
Bain easily recoups their 5% initial investment and everything else is gravy
When the company is sucked dry they move on to the next victim


Im not here much but everytime i check in, strawman is schooling you guys on the whole story. And whorewell.....im sure bain does due diligence as to if the proposed company is worth screwing. All they need is 5% to let the other investors know their serious. So profits are very easy when they max out whatever equity is left and downsize it into oblivion. Bains money?Huh??LMAO.
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GigantorX
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« Reply #10 on: October 28, 2012, 09:20:35 AM »

Im not here much but everytime i check in, strawman is schooling you guys on the whole story. And whorewell.....im sure bain does due diligence as to if the proposed company is worth screwing. All they need is 5% to let the other investors know their serious. So profits are very easy when they max out whatever equity is left and downsize it into oblivion. Bains money?Huh??LMAO.


 Roll Eyes
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GigantorX
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« Reply #11 on: October 28, 2012, 10:27:50 AM »

Im not here much but everytime i check in, strawman is schooling you guys on the whole story. And whorewell.....im sure bain does due diligence as to if the proposed company is worth screwing. All they need is 5% to let the other investors know their serious. So profits are very easy when they max out whatever equity is left and downsize it into oblivion. Bains money?Huh??LMAO.



 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
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Straw Man
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« Reply #12 on: October 28, 2012, 11:41:04 AM »

^^^^^^^^^^^^^^^^
LOL
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whork
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« Reply #13 on: October 29, 2012, 03:14:22 AM »

Again, IT WAS ROMNEY AND BAIN CAPITALS MONEY.

They weren't gambling with our tax dollars.

Get the difference?

The segment also leaves out a lot details.

-What is the relative health of those surviving companies?
-Margins?
-# of employees?
-Do they actually make money or do those "helped" by the govt. continue to rely on taxpayer funds to survive?
-Among other things.

Stewart left that all out which isn't all that surprising.


Yes and so what the government stil did a better job.
Imagine Romney gambling with money that arent his own?
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