Redfish
Diamond Member
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That's all nice and stuff, but the fact is, if you consider capital to be the proceeds of labor, then, sorry, no, 1% is not doing 43% of the physical labor in this country.
Now, here's the thing, I realize that, yes, there is a need for concentrations of wealth. But we've gotten to the point where it has become destructive, where a clown like Mitt Romney can go into a factory town, borrow against a factory without making any upgrades, demand a bunch of concessions from the people who do the work, pay himself nice dividends out borrowed money, and then let the whole thing go bankrupt and leave someone else holding the bag.
And your side wanted to put him and his magic underroos in the White House.
Stop lying, that is not what Bain Capital did.
No, that's exactly how Bain Capital operated.
Look up KB Toys, AmPad, GS Steel, or any of the other companies Bain looted for a quick profit.
Those companies were going under anyway, they were too far gone. Bain eased the pain for their employees and shareholders.
Now, look up Staples and how Bain saved that company and turned it around.