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john B. john B. is offline
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Default Romney's Freeloading 47%...

On Thu, 27 Sep 2012 18:05:08 -0700, Silly Rabbit wrote:

Plimpy:
On 9/27/2012 5:26 PM, Silly Rabbit wrote:

Romney and Bain Capital.


http://www.rollingstone.com/politics/news/greed-and-debt-the-true-story-of-mitt-romney-and-bain-capital-20120829

Rolling Stone article supported by Romney himself.


http://www.motherjones.com/politics/2012/09/1985-romney-bain-harvest-firms-profits-video

"Bain Capital is an investment partnership which was formed to invest
in startup companies and ongoing companies, then to take an active hand
in managing them and hopefully, five to eight years later, to harvest
them at a significant profit"


Sounds like basic good business sense: buy low, sell high.


Romney's a looter. Rolling Stone's article nailed it.


Since for some reason I can't access the Rolling Stone web site, it
tells me I need to be a member, perhaps you'd like to explain what
Bain did in some detail?

--
Cheers,
John B.