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President Obama dines with supporters in Atherton
Original post made
on May 22, 2012
President Obama thanked his supporters Wednesday night at a $35,800-a-head dinner at the Atherton home of Doug and Lisa Goldman. ==B Photo:== President arrives at Moffett Field. ==I Photo by Michelle Le.==
Read the full story here Web Link
posted Wednesday, May 23, 2012, 6:33 PM
Posted by Mitt does not LIKE to fire people
a resident of Atherton: West of Alameda
on May 22, 2012 at 5:16 pm
... he's just so good at it.
True about Romney's quote, he did say he personally likes to fire people who aren't doing their job, like his insurer. As a venture capitalist, he, along with any other business person or manager, would like to get rid of deadwood. Bain's vulture investments, opposed to their venture deals, offer different stories.
On the venture side, Bain invested in startups and growth stories, like the retailers Staples and Sports Authority.
On the vulture side of Bain, though, Romney and the boys took a number of profitable, productive companies and ran them into the ground, milking every last dollar.
Let's ask some conservatives how they feel about Vulture Capitalism:
1) "The idea that you've got private equity companies that come in and take companies apart so they can make profits and have people lose their jobs, that's not what the Republican Party's about." Rick Perry [New York Times, 1/12/12]
2) "The Bain model is to go in at a very low price, (have the target company) borrow an immense amount of money, pay Bain an immense amount of money and leave. I'll let you decide if that's really good capitalism. I think that's exploitation." Newt Gingrich [New York Times, 1/17/12]
3) "Instead of trying to work with them to try to find a way to keep the jobs and to get them back on their feet, it's all about how much money can we make, how quick can we make it, and then get out of town and find the next carcass to feed upon" Rick Perry [National Journal, 1/10/12]
4) "We find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job." Newt Gingrich [Globe and Mail, 1/9/12]
5) "Now, I have no doubt Mitt Romney was worried about pink slips whether he was going to have enough of them to hand out because his company, Bain Capital, of all the jobs that they killed" Rick Perry [New York Times, 1/9/12]
6) "He claims he created 100,000 jobs. The Washington Post, two days ago, reported in their fact check column that he gets three Pinocchios. Now, a Pinocchio is what you get from The Post if you're not telling the truth." Newt Gingrich [1/13/12, NBC News]
7) "There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business, and I happen to think that's indefensible" Rick Perry [National Journal, 1/10/12]
8) "If Governor Romney would like to give back all the money he's earned from bankrupting companies and laying off employees over his years, then I would be glad to then listen to him" Newt Gingrich [Mediaite, 12/14/11]
9) "If you're a victim of Bain Capital's downsizing, it's the ultimate insult for Mitt Romney to come to South Carolina and tell you he feels your pain, because he caused it." Rick Perry [New York Times, 1/8/12]
10) "They're vultures that sitting out there on the tree limb waiting for the company to get sick and then they swoop in, they eat the carcass. They leave with that and they leave the skeleton" Rick Perry [National Journal, 1/10/12]
Bonus from Sarah Palin: "Governor Romney has claimed to have created over 100,000 jobs at Bain, and people are wanting to know: is there proof of that claim? And was it U.S. jobs created for United States citizens? [...] And that's fair, that's not negative campaigning."
Even Romney admitted when questioned at a debate: "There are a lot of reasons not to elect me," Romney said.
This forum limits the number of links, so I can't link each quote - feel free to google them for the specifics.
Extra bonus: "[Bain] loots companies, leave behind broken families, broken towns." Newt Gingrich
So, does Mitt like firing people?
"Governor Romney enjoys firing people." Jon Huntsman
Wait a minute, his campaign just told us he doesn't REALLY like to.......
Posted by 2nd story
a resident of Menlo Park: Central Menlo Park
on May 24, 2012 at 5:54 pm
"Bain invested 18, sold for 104. Bain made $85 million while sticking the taxpayers for $37 million.... Why does losing $538 Million on Solyndra make Obama a good President? Liberals make the most specious arguments leaving them wide open for rebuttal."
You failed to answer the Bain question. (don't worry, the Romney campaign hasn't been able to answer it either, they ran away again today.) You brought up Solyndra.
One could respond that there is a long list of Republican politicians that lobbied for money from Bush's green money plan (that the Solyndra money came from) for companies in their districts, but I won't bore you.
Instead, I'll agree. Solyndra and Bain are terrible reasons. So let's stop talking about Bain and Solyndra.
Once you take away Bain, Rmoney has nothing else to run on except:
- the lobbyists Mitt hired to fleece the Feds for the Utah games
- Mitt's dismal failed record as governor.
- Job creation? (mitt loses big, just ask Newt, Huntsman, Perry, etc.. about 47th place)
- foreign policy and national security? (ask bin Ladin about who won that one)
- unemployment rates? (Mitt declared yesterday that after 4 years he would get it sown to 6%, but the CBO already says Obama's policies and the recovering economy will get it down to 6% in 4 years! epic fail, Mitt!)
- spending (WSJ says Obama has the slower rate of growth in spending than Eisenhower, Nixon, Ford, Reagan, Bush the 1st and Bush the Lessor.)
- Taxes? Under what President have tax rates been lower than under Obama? Not Bush, Reagan, Ford, Nixon, Eisenhower or any of the rest.
Bain is all Mitt has, and he ran away from it again today - talked education and took no Bain questions.
So let's talk about JOB CREATION.
** Mitt was 47th in Mass.
** Here is President Obama's job creation record: Web Link 26 months of job growth
What do you think of that chart, showing the Bush record job losses per month, with President Obama's policies turning it around to 26 consecutive months of private sector job growth?
Romney's only tactic left is to attack, just like he did with 90% of his ads in the primaries. He has no message other than to lie and attack. Once the middle of the electorate see that and turn away in disgust, it's over.
As worried as I am, at times, that Obama may not prevail, geez, you guys have to be downright frightened that Mitt is your candidate. The guy is darn near unelectable - he has to run a perfect campaign or root for an October surprise, just to beat a guy in the middle of recession - the death knell of politics.
Mitt, my friend, is a terrible candidate. It shocks me that the GOP couldn't talk a real candidate to step forward. Politically speaking, you have a much stronger 'bench' (Christie, Jeb, Daniels, Thune, etc...) Heck, Jon Huntsman's resume alone (a record-off-the-charts-popularity-level gov, ambassador, connects with people the way Mitt dreams about, he's wicked smart, etc..) could beat Obama by 100 EV's with all the Rove money behind him, in this economy.
Instead, you got stuck with Mitt all over your shoes.
Polite suggestion: drive the fringe out of the GOP, at least as far as picking national candidates. With a bench of solid stars (Christie, Jeb, Daniels, Thune, etc...) none of them would come out and face the garbage that the fringe requires in a primary. So you got Rick, Rick, Newt, Michelle, Herman and Tpaw for a minute. The GOP is better than that. America deserves the GOP's best, not those wingnuts.
This WILL be interesting. Whichever side loses will be in for the usual recalibration and recriminations. If it's the GOP, man oh man, boy-howdy, it's going to be ugly. May wise (and sane) heads prevail.