Jarhead
Gold Member
- Jan 11, 2010
- 20,670
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Mitt Romney entered the business world with nothing but a good work ethic and an excellent education. He is currently worth around $190 million. Obama made his money in politics just in the last 10 years. We don't know how much he's worth. His 2010 return said he made $2 million. His most recent says he only earned just over $700k. Obama made his money making promises and not coming through. Mitt made his millions by fixing companies. Obama never had a hard day of work in his life.
No, Mitt made his millions fucking over working folks, which is why I'll never vote for him.
I frankly wonder why so many "Christians" seem to think that obsessive greed is a virtue, when Jesus called it a sin and said rich folks were going to Hell.
I need to correct you on something. I believe you may have been one of those people that did not read up on what Bain Capital does (did), and, instead, believed what some commentators that are paid to defend the left and knock the right said.....
Bain Capital, under the leadership of Romney would interact with business brokers, bankers and Bankruptcy attorneys who would present to Bain Capital a variety of companies that were experiencing the negative affects of poor biusiness models and/or poor mamnangement. Those companies that were presented to Bain had solid infrastructures and therefore, despite a red bottom line, still offered the chance to be turned around or, at the very least, the chance to be broken down with the assets being sold off to minimize the losses to the lending institutions..and leaving something left over for Bain Capital.
Bain would only invest in companies where the alternative would be bankruptcy and/or closing its doors.
Bain would purchase the majority shares of these companies and institute whatever they felt it needed to prosper. A new business model, new management, etc.
Now...bear in mind....their actions saved the original business owner from losing everything....and temporarily saved the jobs of many of the existing employees.
Bain would then monitor the progress of the company to see if, in fact, they are able to turn it around.
Sometimes they did....saving all or most of the jobs, and in some cases, increasing the number employed dramatically.
Other times, the bleeding was too severe, so they had to shut it down and sell off the assets....something that would have happened before Bain came in anyway.
Thats pretty much what Bain did...and pretty much what Romney led.
Not that other crap you regurgitated.