2012 Presidential Election (free for all edition)

[saden1]

Originally Posted by GMScud

Forget Bain — Obama’s public-equity record is the real scandal - The Washington Post

Good little read.

Great read...the game is the game.

...unlike Romney though, Obama isn't purposefully trying to create zombie companies so he can liquidate them and add their cash reserves to his personal coffers.

Private equity can be a nasty business if you don't get a good term-sheet and Bain Capital can hardly be blamed for it's ruthlessness...it's just business.

[firstdown]

Originally Posted by saden1

Great read...the game is the game.

...unlike Romney though, Obama isn't purposefully trying to create zombie companies so he can liquidate them and add their cash reserves to his personal coffers.

Private equity can be a nasty business if you don't get a good term-sheet and Bain Capital can hardly be blamed for it's ruthlessness...it's just business.

I'm under the impression that Bain purchased struggling companies and got them back on their feet and sold them. If I'm correct then you do have to make the needed cuts and sometimes it means jobs and people get hurt. Letting the business go bankrupt cost everyone their jobs not just a few cuts. Staples is one of those struggeling companies Bain purchased then sold after making the needed cuts.

[saden1]

Originally Posted by firstdown

I'm under the impression that Bain purchased struggling companies and got them back on their feet and sold them. If I'm correct then you do have to make the needed cuts and sometimes it means jobs and people get hurt. Letting the business go bankrupt cost everyone their jobs not just a few cuts. Staples is one of those struggeling companies Bain purchased then sold after making the needed cuts.

There are many facets to Private Equity and one of them is in the mold of a loan shark. At the end of the day their sole objective is to make as much money as possible as fast as possible without any emotion or regard for anyone other than their shareholders. When the desperate take money from them they sometimes simply buy a company with the intent of laying off people and selling off the company's assets. It's a dirty business but then again so is the insurance business.


Bottom line, don't take money from private equity unless you know what you're getting into. Unfortunately the little guy isn't the one making the call to take money from them and they will almost always be the ones to get hurt.

[SmootSmack]

Originally Posted by saden1

There are many fascists to Private Equity and one of them is in the mold of a loan shark.

Freudien slip?

[saden1]

Originally Posted by SmootSmack

Freudien slip?

LOL...I blame the spell checker.

[firstdown]

Originally Posted by saden1

There are many facets to Private Equity and one of them is in the mold of a loan shark. At the end of the day their sole objective is to make as much money as possible as fast as possible without any emotion or regard for anyone other than their shareholders. When the desperate take money from them they sometimes simply buy a company with the intent of laying off people and selling off the company's assets. It's a dirty business but then again so is the insurance business.


Bottom line, don't take money from private equity unless you know what you're getting into. Unfortunately the little guy isn't the one making the call to take money from them and they will almost always be the ones to get hurt.

You show everyday how big of a dick head you really are. You try to act smart but are very ignorant.

[NC_Skins]

Originally Posted by firstdown

You try to ack smart but are very ignorant.

This is priceless.

[firstdown]

Originally Posted by NC_Skins

This is priceless.

I try to provide priceless moments.

[NC_Skins]

lulz.

Ask a Birther: Are You Convinced by Mitt Romney's Birth Certificate? - Politics - The Atlantic Wire


Birthers are stumped on this one...lol



I love me some Jon Stewart. Donald Trump is such a clown.

Trump-o-Gram - The Daily Show with Jon Stewart - 05/30/12 - Video Clip | Comedy Central

[GMScud]

Even Maureen Dowd beginning to turn?
http://www.nytimes.com/2012/06/03/op...=1&ref=opinion

[saden1]

Originally Posted by firstdown

You show everyday how big of a dick head you really are. You try to act smart but are very ignorant.

I do act smart because I actually am. I am also a dickhead and I don't shy away from it. Self-acknowledgement is a prerequisite for self-education.


Instead of being on my nuts try to step out of the shadow and get edumacated.

[firstdown]

Originally Posted by saden1

I do act smart because I actually am. I am also a dickhead and I don't shy away from it. Self-acknowledgement is a prerequisite for self-education.


Instead of being on my nuts try to step out of the shadow and get edumacated.

Well we agree on something.

[saden1]

Originally Posted by firstdown

Well we agree on something.

I am very agreeable.

[RedskinRat]

Originally Posted by saden1

I do act smart because I actually am.

Then it's not an act.

Originally Posted by saden1

I am also a dickhead and I don't shy away from it. Self-acknowledgement is a prerequisite for self-education.

Are you sure you don't mean self-awareness?

Originally Posted by saden1

Instead of being on my nuts try to step out of the shadow and get edumacated.

Well, la-di-da Ms. Scarlett....

[saden1]

Originally Posted by RedskinRat

Then it's not an act.

Of course it isn't an act but some people will never acknowledged that.

Are you sure you don't mean self-awareness?

No. To be aware is to recognize, to acknowledge is to recognize and let it be known that you recognize.