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(Broward/Palm Beach New Times)   Everything you need to know about Mitt Romney can be summed up by this article detailing his stint with Bain Capital   (browardpalmbeach.com) divider line 373
    More: Scary, Mitt Romney, Bain Capital, profit shared, annual percentage yield, management fees, Kennedy family, capitalism  
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9593 clicks; posted to Politics » on 22 Apr 2012 at 1:42 AM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-22 03:31:06 PM  

tenpoundsofcheese: I Like Bread: http://www.recovery.gov/Pages/default.aspx

Not even close.

That tracks 840B.

I asked about the 5,000,000,000,000

got anything else? any other receipts?


The Coalition Provisional Authority in Iraq wasn't notorious for keeping receipts; that's a lot of your $5 trillion right there. Hand pallets of cash to twentysomething dimwits who like to play football with shrink-wrapped bundles of hundred-dollar bills, and a lot of its going to go missing.
 
2012-04-22 03:35:22 PM  

quatchi: tenpoundsofcheese: You really don't understand.
His wealth is tied into the portfolio positions of Bain Capital.
That does NOT mean that he as any influence on the operational decisions of the firm.
That is especially true if his positions are in funds that are no longer investing.

So, if Mitt Romney walked into the front door of Bain today do you think A) security would quickly usher him out because he doesn't work there or B) he would be ushered up to any office he damn well felt like?

Take your time.

And showing him some courtesy is the same as him having and significant influence over $35,000,000,000 in committed capital? Really?? Is that what you believe?

 
2012-04-22 03:36:53 PM  

Linux_Yes: Linux_Yes: Mentat: Mitt Romney as a tapeworm. I think that's a meme that deserves promoting.


no, he's the Turd. Tapeworms everywhere resent that remark.

a Turd with a smile, that is.


Unlike Romney, most parasites don't intentionally kill their host.
 
2012-04-22 03:42:55 PM  

Gyrfalcon: tenpoundsofcheese: I Like Bread: http://www.recovery.gov/Pages/default.aspx

Not even close.

That tracks 840B.

I asked about the 5,000,000,000,000

got anything else? any other receipts?

The Coalition Provisional Authority in Iraq wasn't notorious for keeping receipts; that's a lot of your $5 trillion right there. .


$6.6B is not "a lot your $5T right there".

Secondly, that was not in the last 3 years.

Got anything else?
 
2012-04-22 03:49:41 PM  

tenpoundsofcheese: And showing him some courtesy is the same as him having and significant influence over $35,000,000,000 in committed capital? Really?? Is that what you believe?


No, you've totes convinced me now with your compelling argumentation that Mitt Romney has absolutely no influence at all at the company he founded .

*blink*

/Anyone ever tell you you're cute when you're mad?
//Yeah, didn't think so
.
 
2012-04-22 03:54:10 PM  

tenpoundsofcheese: quatchi: tenpoundsofcheese: You really don't understand.
His wealth is tied into the portfolio positions of Bain Capital.
That does NOT mean that he as any influence on the operational decisions of the firm.
That is especially true if his positions are in funds that are no longer investing.

So, if Mitt Romney walked into the front door of Bain today do you think A) security would quickly usher him out because he doesn't work there or B) he would be ushered up to any office he damn well felt like?

Take your time.

And showing him some courtesy is the same as him having and significant influence over $35,000,000,000 in committed capital? Really?? Is that what you believe?


Which of the following statements is more likely to be true?
A. Romney as president will be very good for Bain.
B. Romney as president will not be good for Bain.
 
2012-04-22 03:57:12 PM  
Oh man, I'd really love to see his back taxes now.
/people on the left can start the 'W-2ers'
 
2012-04-22 04:01:58 PM  

tenpoundsofcheese: Gyrfalcon: tenpoundsofcheese: I Like Bread: http://www.recovery.gov/Pages/default.aspx

Not even close.

That tracks 840B.

I asked about the 5,000,000,000,000

got anything else? any other receipts?

The Coalition Provisional Authority in Iraq wasn't notorious for keeping receipts; that's a lot of your $5 trillion right there. .

$6.6B is not "a lot your $5T right there".

Secondly, that was not in the last 3 years.

Got anything else?


Not that you'd listen to.
 
2012-04-22 04:03:59 PM  

quatchi: tenpoundsofcheese: And showing him some courtesy is the same as him having and significant influence over $35,000,000,000 in committed capital? Really?? Is that what you believe?

No, you've totes convinced me now with your compelling argumentation that Mitt Romney has absolutely no influence at all at the company he founded .



someone had a conspiracy theory that he is still involved because of some nonsense about Clear Channel and Rush Limbaugh supported him instead of McCain.

There is no evidence of that. Not even close.
 
2012-04-22 04:08:10 PM  

Gyrfalcon: tenpoundsofcheese: Gyrfalcon: tenpoundsofcheese: I Like Bread: http://www.recovery.gov/Pages/default.aspx

Not even close.

That tracks 840B.

I asked about the 5,000,000,000,000

got anything else? any other receipts?

The Coalition Provisional Authority in Iraq wasn't notorious for keeping receipts; that's a lot of your $5 trillion right there. .

$6.6B is not "a lot your $5T right there".

Secondly, that was not in the last 3 years.

Got anything else?

Not that you'd listen to.


I listened the first time and you were wrong. $6.6B is not a lot of the 5T.

Besides the money was found. It was in the bank.
 
2012-04-22 04:10:56 PM  

WhoIsNotInMyKitchen:

Which of the following statements is more likely to be true?
A. Romney as president will be very good for Bain.

Anything that is good for a growing economy would be good for Bain, as it would be for the rest of the country.

B. Romney as president will not be good for Bain.


You do know who has invested in their money in the $35B in the Bain funds, right?
 
2012-04-22 04:27:26 PM  

FuturePastNow: If you read that, and you don't hate Mitt Romney afterward, you are inhuman scum.


Sadly, it seems there are a lot of inhuman scum around these days.
 
2012-04-22 04:34:08 PM  

randomjsa: Everything you need to know about Barack Obama can be summed up by his dealings over 20 years with Rev. Wright, and by scrutinizing the things said in Obama's church.

Oh wait, we're not allowed to talk about that.


img99.imageshack.us
 
2012-04-22 04:56:19 PM  

Waxing_Chewbacca: / tip of the cap to your mom btw


I told my Mom that some guy calling himself "Waxing Chewbacca" tipped his hat to her. She gave me a strange look and now seems to be having second thoughts about the whole "Gee Mom, you really need Internet access at your place" thing.
 
2012-04-22 04:59:51 PM  

CptnSpldng: ox45tallboy: Waxing_Chewbacca: Love Barney

I do, too. Can we just throw the whole Wall Street mess at him and this chick?

[assets.nydailynews.com image 485x364]

Seriously. Stick those two in a room, give them free reign to do pretty much whatever they want as far as bank regulations are concerned, and then periodically toss in an "investment banker" for them to eat.

If Frank weren't otherwise inclined, their love-child would crawl out of her womb, devour Bernanke whole, and proceed to reassemble the financial markets like a set of Legos.

They could make a movie about it on Lifetime starring Brian Dennehy and Julia Roberts.

A remake of "Making Money" with more of a focus on Lord Vetinari.


Is "Making Money" a movie now? I've seen "The Colour of Magic" and I've been looking for "Going Postal", but I didn't know about this one.
 
2012-04-22 05:08:39 PM  

tenpoundsofcheese: someone had a conspiracy theory that he is still involved because of some nonsense about Clear Channel and Rush Limbaugh supported him instead of McCain.

There is no evidence of that. Not even close.


Romney has influence on Bain who have influence on Clear Channel who have influence on Rush and Hannity and other RW radio derpers.

I provided the quote and the cite to the Rush Limbaugh endorsement of Romney over McCain in the last election cycle. Obviously with his base he can't be leading the "snuggle up to Romney" faction and has been bombastic over all of the candidates too date but if you don't think he not gonna toe the line once the unofficial becomes official here you are kidding yourself.

Actually, I give you enough credit that I believe you do not actually believe the derp you spew here.

It's a gig. I get it. An amoral, souless, humanity-destroying gig but a gig nonetheless.
 
2012-04-22 05:09:51 PM  

TheOnion: Weaver95: TheOnion: So you're saying Bain pays for the companies with government backed or private loans, and then defaults on the loans so they don't have to pay them, and makes money that way? Perhaps I misunderstood.

I'd say you've managed to successfully grasp the basics of their operating strategy, yes.

that is exactly what they (and others) have been doing.

If a company defaults on a multi million dollar loan as a business strategy, they're not going to be getting many loans. Again, it doesn't make sense from the bank's perspective to do this. And is the government really providing millions in loans for private equity firms, watching them default, and then doing it again? Isn't the whole point that it is private equity, not public? This just makes no sense to me, and I can't imagine it happening in the real business world where people aren't happy to throw their money at companies and get nothing in return.


That's just it, Bain Capital isn't defaulting. They take out the loans on behalf of the companies they buy. Bain Capital itself has a spotless record because they're at least once removed from the actual process. These companies they buy are rapidly gutted of most of their costs, like payroll and benefits, at which point they [duh] show massive profits. At that point, the company can borrow money relatively easily. Bain Capital, as the owner of that company (through a shell company in most cases) then takes the loan as profit and lets the company they bought eat it. If they can make the loan payments, the interest is tax deductible, and if they fold, well, who cares, they already borrowed all their profits right out of it.

Bain Capital isn't taking out loan after loan and defaulting, they're using investor money to buy companies with an assist from government programs designed to help businesses (in this case, Bain Capital) grow, then Bain guts the companies they bought to make them look profitable on paper, use that profitability to take out massive loans, which are their profit, then let the company fend for itself.

This is, of course, totally legal, but if should sicken anyone who has ever worked for a paycheck. And if that's the way this guy knows how to make money, what do you suppose he'll do when handed the keys to the biggest loan-making agency and "company" in the universe?
 
2012-04-22 05:23:58 PM  
All this dirt and we technically aren't done with primaries yet. This summer, I'm going to need a lot of beer and popcorn.
 
2012-04-22 05:24:17 PM  

Egalitarian: cybrwzrd
Weaver95: His formula was simple: Bain would purchase a firm with little money down, then begin extracting huge management fees and paying Romney and his investors enormous dividends

incidentally, Ayn Rand considered classified people like this as 'looters' and she hated them more than she hated moochers.

how's that grab ya? Even Ayn Rand hates Romney's style of running a business. sobering, ain't it?\

So true.

Most of the hate Ayn Rand gets is caused by two things - 1. Idiots who read the books but are too stupid to understand the meaning, and 2. Idiots who never read the books but are happy to jump on the bandwagon. Far too many Ayn Rand fans out there read her books and completely missed the point and just fuel the idiots who hate her but never read the books. It is a lot like religion actually.

The entire point of Objectivism is rational self interest - meaning do what is best for yourself, but never at the expense of others. Sadly, most of the idiots out there who spout off about going Galt have forgotten the "not at the expense of others" part of the deal.

oh pullleeeeezzzee. I have read Atlas Shrugged and some of Ayn Rand's other writings.

Objectivism is just as dumb as communism: it depends on a faulty understanding of human nature.

There are a lot of assholes out there who want to take advantage of their fellow humans and/or who fall prey to short-term greed. Doesn't matter what the economic system is supposed to be, the turds float to the top and oppress adn abuse everyone else. Rand and libertarians generally seem to lack a "theory of mind" when it comes to power-mongering and short-term profiteering.

See: China now, the Western industrial revolution in the 19th century, ... some farktard will always want to put melamine in the milk or dirty peanut scraping in the peanut butter or toxic red-coloring in the cheese rind because. they. just. don't. care. They want the money. And that's why we need regulations, motherfarker.


I am not saying that I disagree with you. Regulation is good, and violators should be lined up and shot publicly.
 
2012-04-22 05:29:25 PM  

tenpoundsofcheese: jmr61:
It truly is hard to comprehend and I know so many of those people. My solace, at 50 years old is that I have no kids to face what will be the inevitable collapse of this country as a result of these people and their actions.

There was a brief time when I lamented not having kids. It disappeared in about 2002. I do feel for my brothers and thier kids.

The collapse will come a lot sooner if the dems don't stop racking up the debt. $15,673,378,000,000 now and counting.

And you are worried about getting a President who knew how to make money? You are worried about the boogeyman under the bed while ignoring the monster in front of you.


You DO know where a lot of that debt came from right? About $4 trillion appeared right about the time we stopped putting the cost of two wars in a separate set of books that were, you know, separate. It's not like there was $0.00 debt in 2008 and suddenly we racked up $15 trillion because of tax and spend librul incompetence. But keep farking that chicken.

And I seem to recall sometime in 2007 when the counter that tracks the national debt had an extra digit added to reflect that it had crossed $10 trillion. How'd that happen with Bush and conservatives in charge, I wonder?
 
2012-04-22 05:35:41 PM  

JerkStore: This is, of course, totally legal


It shouldn't be.
 
2012-04-22 05:40:24 PM  

RyogaM: Kosman says it's telling that Romney never cites companies he actually managed as evidence of his job-building skills.

"If Romney had some stories to tell, he'd use those stories," he says. "I think it's very interesting that he's not telling those stories, because I think they don't exist."

This is the heart of it. I came to this thread to see if anyone can answer the above question: give one concrete example of a company successfully turned around by Romney's management, with an explanation of what he ordered specifically to create the success. And so far, no one, not his apologists, not his campaign, and not he himself, has done so.


THIS^^^

Romney knows how to destroy and enrich himself, not how to build anything. Just like I wouldn't hire a demolition expert to build my house, I wouldn't vote for Romney to help rebuild the economy or foster an environment that creates more (non-minimum wage) jobs.
 
2012-04-22 05:45:12 PM  

God-is-a-Taco: TheOnion had great opening and midgame play, with tenpoundsofcheese with the closer.


Someone should pull him - he's already given up about forty homers in the 9th.
 
2012-04-22 05:50:02 PM  

Urbn: Romney knows how to destroy and enrich himself


Should be perfect for the American government, then. He can take down a few Middle Eastern countries to keep the arms industry going.
 
2012-04-22 05:50:07 PM  

quatchi: tenpoundsofcheese: someone had a conspiracy theory that he is still involved because of some nonsense about Clear Channel and Rush Limbaugh supported him instead of McCain.

There is no evidence of that. Not even close.

Romney has influence on Bain who have influence on Clear Channel who have influence on Rush and Hannity and other RW radio derpers.

I provided the quote and the cite to the Rush Limbaugh endorsement of Romney over McCain in the last election cycle.


but you ignore that Limbaugh has been anti Romney during the entire primary. He has supported everyone BUT Romney. How can that be? I though Romney controlled Clear Channel through his continued involvement in Bain Capital??.

 
2012-04-22 05:51:02 PM  
Wow, tenpoundsoffeces AND randomcutandrun - two of Fark's lou dest hatemongers going out of their way to promote their worship of a man who admitted he enjoys firing people (and seeing them out of work) and doesn't care one iota about poor people, and then go and attempt to project themselves as 100% nonbiased and nonpartisan. I don't know if that's more sad or pathetic. Then again, the latter of the two has a history of hoping those that disagree with him die in terrorist attacks, so it isn't surprising at least.
 
2012-04-22 05:56:24 PM  
My reaction to the article: We need to reform our bankruptcy and ownership laws so that there's more accountability up the chain. The problem is that they're able to buy these companies, extract all the benefits, and then jettison all the consequences. It's not an anti free-market notion to suggest that the current laws are dysfunctional.

Question: Could those steel workers (and others) have gotten their pension funds invested in Bain Capital stock instead? Given the situation, seems like that would have been a good idea, and they would have at least been able to share in 88 percent annual returns that came from their company going under.
 
2012-04-22 06:07:00 PM  

Virtuoso80: My reaction to the article: We need to reform our bankruptcy and ownership laws so that there's more accountability up the chain. The problem is that they're able to buy these companies, extract all the benefits, and then jettison all the consequences. It's not an anti free-market notion to suggest that the current laws are dysfunctional.

Question: Could those steel workers (and others) have gotten their pension funds invested in Bain Capital stock instead? Given the situation, seems like that would have been a good idea, and they would have at least been able to share in 88 percent annual returns that came from their company going under.


Virtuoso80: My reaction to the article: We need to reform our bankruptcy and ownership laws so that there's more accountability up the chain. The problem is that they're able to buy these companies, extract all the benefits, and then jettison all the consequences. It's not an anti free-market notion to suggest that the current laws are dysfunctional.

Question: Could those steel workers (and others) have gotten their pension funds invested in Bain Capital stock instead? Given the situation, seems like that would have been a good idea, and they would have at least been able to share in 88 percent annual returns that came from their company going under.


NO NO! We do not need corporate oversight! But instead lets tighten personal bankruptcy laws so we can punish these leechestm on society.

/Sadly, this already happened.
//Know who it enriched? The lawyers.
 
2012-04-22 06:07:43 PM  

Virtuoso80: My reaction to the article: We need to reform our bankruptcy and ownership laws so that there's more accountability up the chain. The problem is that they're able to buy these companies, extract all the benefits, and then jettison all the consequences.


I'm sure it's just bad luck and coincidence that we keep getting screwed by having no accountability and letting conmen avoid risk over and over and over again and that many of the same players keep making bank on these wonderful investment strategies. The S&L crisis, 80's mergers and acquisitions, dot-com bust, housing bubble, education bubble, and these PE firms, etc etc - and whatever they come up with next, I'm sure we'll let them get away with that scam, too.
 
2012-04-22 06:12:40 PM  
If we're going to have corporate personhood we need to end every single last way that company owners can extract value from the company without that value being taxed as corporate earnings. There should be a ironclad wall of division between companies and owners through which only dividends may pass. Stock buybacks should be outlawed as well, because this is clearly a loophole waiting to be exploited and the article makes clear that Bain Capital did. Once a share is out it should never be allowed into the treasury. (The owners can buy the stock, but the company should not.) Companies like Bain exploit every trick imaginable to extract cash without it ever being taxed except at the 15% rate, and this needs to stop if we want to pretend that companies are their own entities and not puppets of their directors and largest shareholders.
 
2012-04-22 06:15:07 PM  
And yes, that means outlawing stock ownership of a company by its employees.
 
2012-04-22 06:26:32 PM  

gilgamesh23: If we're going to have corporate personhood we need to end every single last way that company owners can extract value from the company without that value being taxed as corporate earnings. There should be a ironclad wall of division between companies and owners through which only dividends may pass. Stock buybacks should be outlawed as well, because this is clearly a loophole waiting to be exploited and the article makes clear that Bain Capital did. Once a share is out it should never be allowed into the treasury. (The owners can buy the stock, but the company should not.) Companies like Bain exploit every trick imaginable to extract cash without it ever being taxed except at the 15% rate, and this needs to stop if we want to pretend that companies are their own entities and not puppets of their directors and largest shareholders.


weapons grade derp.

your solution won't fix corporate governance problems at all. in fact, it can make it much worse, by ensuring that existing shareholders would always face dilution.

wealthier shareholders could afford to buy new shares, eventually muscling out smaller ones.

also, as a follow up to your next post.....

No one would ever work for a startup ever again.
 
2012-04-22 06:39:37 PM  

tenpoundsofcheese: but you ignore that Limbaugh has been anti Romney during the entire primary. He has supported everyone BUT Romney. How can that be? I though Romney controlled Clear Channel through his continued involvement in Bain Capital??.


Rush has been critical of all the candidates concern trolling for the base he professes to identify with. His criticisms of Mittens have all been as tepid as the slap on the wrist Romney gave Rush over the Fluke flap.

You think other people are not gonna be able to make the "Romney - Bain - Clear Channel - Premier Radio Network - Rush -Hannity - Beck et al" connection?

So, are you arguing here that Rush will not fall in line when Mitts makes it official?

It'll be 90% raging pants-on-head retarded anti-Obama/Dem derp with a 10% "don't forget the base" criticisms to maintain his cred with his low-info fan base.

Book it. done.
 
2012-04-22 06:40:13 PM  

cybrwzrd: Weaver95: His formula was simple: Bain would purchase a firm with little money down, then begin extracting huge management fees and paying Romney and his investors enormous dividends

incidentally, Ayn Rand considered classified people like this as 'looters' and she hated them more than she hated moochers.

how's that grab ya? Even Ayn Rand hates Romney's style of running a business. sobering, ain't it?\

So true.

Most of the hate Ayn Rand gets is caused by two things - 1. Idiots who read the books but are too stupid to understand the meaning, and 2. Idiots who never read the books but are happy to jump on the bandwagon. Far too many Ayn Rand fans out there read her books and completely missed the point and just fuel the idiots who hate her but never read the books. It is a lot like religion actually.

The entire point of Objectivism is rational self interest - meaning do what is best for yourself, but never at the expense of others. Sadly, most of the idiots out there who spout off about going Galt have forgotten the "not at the expense of others" part of the deal.


There is no such thing as rational self interest. If there was, no one would ever run red lights. Or gamble all their money away. Or go skydiving, or vote Republican, or eat fast food, or smoke cigarettes, or any of the other hundreds of irrational emotion-based decisions humans make on a daily basis.

Human beings are by their very nature irrational.
 
2012-04-22 07:01:17 PM  
Great article. Remember, folks: Romney's horses have health insurance. He doesn't give a shiat if you do.

R-Money 2012: Fark you...I got mine.
 
2012-04-22 07:06:56 PM  

ox45tallboy: Waxing_Chewbacca: / tip of the cap to your mom btw

I told my Mom that some guy calling himself "Waxing Chewbacca" tipped his hat to her. She gave me a strange look and now seems to be having second thoughts about the whole "Gee Mom, you really need Internet access at your place" thing.


Lol! That's awesome!
 
2012-04-22 07:07:03 PM  

Bill Murray said I was weird: Wow, tenpoundsoffeces AND randomcutandrun - two of Fark's lou dest hatemongers going out of their way to promote their worship of a man who admitted he enjoys firing people (and seeing them out of work) and doesn't care one iota about poor people, and then go and attempt to project themselves as 100% nonbiased and nonpartisan. I don't know if that's more sad or pathetic. Then again, the latter of the two has a history of hoping those that disagree with him die in terrorist attacks, so it isn't surprising at least.


Hey, now. Be fair to Romney. What if he just doesn't consider them people?
 
2012-04-22 07:09:49 PM  

dumbobruni: weapons grade derp.

your solution won't fix corporate governance problems at all. in fact, it can make it much worse, by ensuring that existing shareholders would always face dilution.

wealthier shareholders could afford to buy new shares, eventually muscling out smaller ones.

also, as a follow up to your next post.....

No one would ever work for a startup ever again.


Why would wealthier shareholders vote to issue more shares without a reason? This would dilute their own stake. Just for the stake of muscling out smaller holders? Why? And if they're issuing new shares to take advantage of an opportunity, no one is really diluted.

As for your point about startups, maybe you're right. Maybe companies below a certain revenue threshold could be allowed to pay salaries to owners.

When I think about how these corporate raiders operate, though, I think it's ludicrous that we consider corporations to be people. If a corporation is an entity unto itself it should not be possible to manipulate is special protections, especially limited liability, to directly serve the interests of its owners.

Corporate personhood? No person would hack off his own limbs to offer up to another.
 
2012-04-22 07:27:18 PM  

trotsky: I love the shills with the Union Derangement Syndrome. Yes, Unions are the cause. A bunch of workers who organized a collective for evil stuff like living wages, decent working conditions and benefits. Evil mother farkers intent on destroying the American dream.

The worst part is that the morons really believe this and will vote for this worm, smiling as he ships their job the Mexico.


If only union bosses actually pushed for things like benefits, wage, working conditions and pension. There would be far less need to extract duespayer money to contribute to political campaign contributions, global warming initiatives and one-world-worker programs.

It all sounds good and fine until your union bosses start funneling your money to political movements bent on the elimination of your job. Dont believe me? Ask the coalworkers union how they feel about the EPA and the AFL-CIO funneling millions to the Obama re-election.
 
2012-04-22 07:27:43 PM  

randomjsa: Everything you need to know about Barack Obama...


...can be learned in the two books he wrote, and by looking over his accomplishments and failures in the past three years.
 
2012-04-22 07:33:12 PM  

o5iiawah: trotsky: I love the shills with the Union Derangement Syndrome. Yes, Unions are the cause. A bunch of workers who organized a collective for evil stuff like living wages, decent working conditions and benefits. Evil mother farkers intent on destroying the American dream.

The worst part is that the morons really believe this and will vote for this worm, smiling as he ships their job the Mexico.

If only union bosses actually pushed for things like benefits, wage, working conditions and pension. There would be far less need to extract duespayer money to contribute to political campaign contributions, global warming initiatives and one-world-worker programs.

It all sounds good and fine until your union bosses start funneling your money to political movements bent on the elimination of your job. Dont believe me? Ask the coalworkers union how they feel about the EPA and the AFL-CIO funneling millions to the Obama re-election.


Lemme guess...you're an editor at World Net Daily.
 
2012-04-22 07:41:48 PM  

o5iiawah: It all sounds good and fine until your union bosses start funneling your money to political movements bent on the elimination of your job. Dont believe me? Ask the coalworkers union how they feel about the EPA and the AFL-CIO funneling millions to the Obama re-election.


Wait a minute... EPA funneling money to Obama's election campaign? Wha?

And while I don't know the particulars of the coalworkers' union's situation, the rank-and-file are within their rights to make whatever changes they deem necessary with their representation. If it is still in place, I imagine that the union has by and large fulfilled the needs of the members and while some individuals might not like one part of the union's activities, it is not a sentiment widespread enough or intense enough to merit serious changes in the union situation.
 
2012-04-22 07:53:49 PM  

cybrwzrd: Most of the hate Ayn Rand gets is caused by two things - 1. Idiots who read the books but are too stupid to understand the meaning, and 2. Idiots who never read the books but are happy to jump on the bandwagon. Far too many Ayn Rand fans out there read her books and completely missed the point and just fuel the idiots who hate her but never read the books. It is a lot like religion actually.


I've read and understood Ayn Rand, I promise, on a deeper level than have you. She was evil, and her principles don't withstand the mildest analytical scrutiny.

People who strongly dislike Rand do so because Ayn Rand hated virtually everyone on the planet who disagreed with her in the slightest.
 
2012-04-22 08:17:04 PM  

bugontherug: cybrwzrd: Most of the hate Ayn Rand gets is caused by two things - 1. Idiots who read the books but are too stupid to understand the meaning, and 2. Idiots who never read the books but are happy to jump on the bandwagon. Far too many Ayn Rand fans out there read her books and completely missed the point and just fuel the idiots who hate her but never read the books. It is a lot like religion actually.

I've read and understood Ayn Rand, I promise, on a deeper level than have you. She was evil, and her principles don't withstand the mildest analytical scrutiny.

People who strongly dislike Rand do so because Ayn Rand hated virtually everyone on the planet who disagreed with her in the slightest.


I've said it before on Fark: People only like Ayn Rand because it makes them feel better about being sociopathic assholes.
 
2012-04-22 08:23:41 PM  

gimmegimme: Lemme guess...you're an editor at World Net Daily.


lemme guess - you cant argue with or refute anything I have to say
 
2012-04-22 08:31:14 PM  

gilgamesh23: Wait a minute... EPA funneling money to Obama's election campaign? Wha?


The EPA isn't funneling any money to the Obama re-election. Perhaps some clever punctuation might have stated better that the EPA and the Administration have openly declared a war on coal yet the AFL-CIO continues to support the administration. I wonder what this will mean for the UMWA when the coal leases are up?

It isn't enough though to just say that a majority of the rank and file support the bosses since union election rules are not quite run with the same levels of transparency as public elections. Do you honestly think that the guy currently in charge of the Teamsters would be there if his last name werent Hoffa?

If being in a union is your thing, fine. It should be your choice to join one just as it should be my choice not to join one - Just realize that if you are in one of these mega-unions, your dues money is being pissed away to make bosses fat
 
2012-04-22 08:41:42 PM  

o5iiawah: Perhaps some clever punctuation might have stated better that the EPA and the Administration have openly declared a war on coal


gifsforum.com
 
2012-04-22 08:44:26 PM  

o5iiawah: gimmegimme: Lemme guess...you're an editor at World Net Daily.

lemme guess - you cant argue with or refute anything I have to say


Important advice for life: When multiple people who have never met each other are reacting to your ideas and are telling you that you make no sense, you might consider that they are right.
 
2012-04-22 08:50:36 PM  

Weaver95: MorrisBird: Weaver95: Romney certainly benefited from what would otherwise be called 'corrupt business practices'. the only reason he's running for president rather than sitting in a jail cell is because there's a LOT of people on wall street who are doing the same damn things.

But, they're not running for President. Mitt is. It's like he has this vision of himself. He's supposed to be President! Then he'll have done better than daddy, or something.

it's entirely possible that Romney is just an egomaniac. to be honest, most of the name brand GOP seem to suffer from serious personality disorders these days - everything from borderline sociopathic behavior up through and including all kinds of narcissistic personality disorders. Romney seems to fit that mold quite well. he doesn't seem to care about anyone other than himself or his immediate desires, nor does he seem to be able to relate to common voters and the issues that we all confront on a daily basis. not to mention that Romney comes across as something of a control freak. not good qualities for a leader to have, least in my book.

meh. not like anyone listens to me anyways. take it for what you will.


Ruthlessly analytical, incapable of compassion, unconsciously (and, I think, in an unthreatening way) misogynistic, desperately trying to live up to his father's image and unable to empathize with anyone who nets less than $2M a year in income. He's George W. Bush: the Northeastern Addition.

Except for the control-freak part, and I think he's just that way because - when you're rich - you HAVE to be. *Everything* needs to be monitored, secured, accounted-for, run by lawyers, and everything and everyone has a bottom line. This includes his family; he's a rich man in family. A loyal, lovely and tough wife; sons (who are sober, clean-looking and punch-in-the-face handsome) and daughters (none of whom have gotten into the papers due to being raped while drunk in a tent and choosing to be a single mother); and the many other extended clan that includes a church so powerful they control a couple of states.

If you are rich, like Mr. Romney, you have a lot to lose. Scoop it all up, clench it tight and never apologize.
 
2012-04-22 09:04:20 PM  

o5iiawah: trotsky: I love the shills with the Union Derangement Syndrome. Yes, Unions are the cause. A bunch of workers who organized a collective for evil stuff like living wages, decent working conditions and benefits. Evil mother farkers intent on destroying the American dream.

The worst part is that the morons really believe this and will vote for this worm, smiling as he ships their job the Mexico.

If only union bosses actually pushed for things like benefits, wage, working conditions and pension. There would be far less need to extract duespayer money to contribute to political campaign contributions, global warming initiatives and one-world-worker programs.

It all sounds good and fine until your union bosses start funneling your money to political movements bent on the elimination of your job. Dont believe me? Ask the coalworkers union how they feel about the EPA and the AFL-CIO funneling millions to the Obama re-election.


Somehow I doubt the EPA is going to funnel much of anything to the Obama Campaign.

Oh, yes, lets get rid of those damn Unions because god knows that Corporate overlords like Romney will treat workers fairly and not do shiat like strip benefits or invest their pension plans in risky ventures. Nope. Never.
 
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