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(Hot Air)   Stop condemning Bain, Bain is a good company and we like it. Says notorious right wing governor....Duval Patrick   (hotair.com ) divider line
    More: Interesting, Economic sector, record sealing, Gordon Gekko  
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448 clicks; posted to Politics » on 23 May 2012 at 12:36 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



38 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2012-05-23 10:05:21 AM  
Duval?
 
2012-05-23 10:07:20 AM  
No, Bain is not a good company. I speak from firsthand experience.
 
vpb [TotalFark]
2012-05-23 10:12:47 AM  

Lando Lincoln: No, Bain is not a good company. I speak from firsthand experience.


But it's money is good if you can kiss enough of their asses to get it.
 
2012-05-23 10:24:05 AM  
Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.
 
2012-05-23 10:24:11 AM  
Funny how the only people defending Bain are East Coast politicians who get donations from Wall Street. Bain sure as hell hasn't been good for Kansas City.
 
2012-05-23 12:38:53 PM  
Lèse-majesté against the Blessed Job Creators will not be tolerated!
 
2012-05-23 12:39:21 PM  

Lando Lincoln: No, Bain is not a good company. I speak from firsthand experience.


Indeed. I work for the company formerly known as Dade Behring. R-money's dickheadery turned all the right wing assholes in the company into Paultards.
 
2012-05-23 12:44:07 PM  
this endorsement has been paid for by Bain Capital
 
2012-05-23 12:45:03 PM  
I work for a large REIT. Bain is/was a tenant at two our our buildings. Looking back at their history, they appear to have been a timely payor.

So for us they are good.
 
2012-05-23 12:47:00 PM  
They're good if you like your tax money bailing out their pension funds.
 
2012-05-23 12:48:02 PM  

Jackson Herring: Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.


So THAT's why they're over double than Ohio? I figured it was just because it was Massachusetts and everyone here is aggressive and an arsehole.

/however, we just did our six-month renewal, and our rate went down significantly
//probably not due to being in MA
 
2012-05-23 12:49:42 PM  

Lando Lincoln: No, Bain is not a good company. I speak from firsthand experience.


I would like to hear your first hand experience.
 
2012-05-23 12:50:14 PM  
Look. You can say what you will about Bain either way. If you're a fan of this type of capitalism, then Bain is what Bain is and Bain is good at it.

But the president's job isn't to make the president rich, so how the FARK is your job at Bain, where your job was to make you rich, relevant experience when it comes to presidentin'?

The fact that Romney was such a strong leader at Bain lends some credence to the notion that he has strong organizational and leadership skills, but that doesn't change the fact that the tasks he applied those skills toward is antithetical to the qualities required of a politician if you believe the politician's goal should be to provide a fair and equitable platform for everyone to compete.

The entire purpose of an organization like Bain is pure selfishness and pure selfishness is required of anybody taking a leadership role in that type of organization. Pure selfishness, however, is a horrible trait to have in somebody who's very job it is to represent everybody else.
 
2012-05-23 12:50:31 PM  
Now, if Romney had been a community organizer at Bain capital, then it would be fair game, but he wasn't. He was a a businessman in the private sector, something he likes to highlight, and therefore it is not fair game.
 
2012-05-23 12:51:10 PM  
OMG, stop the presses!

A governor says good things about one of the nations largest investment firms that is based out of his state and provides millions in taxes and political contributions. Amazing. what a crazy world we live in.

/derp.
 
2012-05-23 12:55:30 PM  
I saw "Obama friend David Brooks" and quit reading. Brooks is a douchebag and a fatuous dunderhead. You can say that. But you can't claim he's even remotely a Democrat.
 
2012-05-23 01:02:29 PM  
Next you're going to tell me that Joe Biden says good things about DuPont or that Mark Pryor avoids criticizing Wal-Mart or that Patty Murray is a big Boeing fan.
 
2012-05-23 01:08:21 PM  

Splinshints: Look. You can say what you will about Bain either way. If you're a fan of this type of capitalism, then Bain is what Bain is and Bain is good at it.

But the president's job isn't to make the president rich, so how the FARK is your job at Bain, where your job was to make you rich, relevant experience when it comes to presidentin'?


We can acquire China and sell off its most profitable parts to Japan and India?
 
2012-05-23 01:12:18 PM  
This changes everything!
 
2012-05-23 01:15:41 PM  

coeyagi: Lando Lincoln: No, Bain is not a good company. I speak from firsthand experience.

Indeed. I work for the company formerly known as Dade Behring. R-money's dickheadery turned all the right wing assholes in the company into Paultards.


Any improvement?
 
2012-05-23 01:25:41 PM  
I_Am_Weasel: Now, if Romney had been a community organizer at Bain capital, then it would be fair game, but he wasn't. He was a a businessman in the private sector, something he likes to highlight, and therefore it is not fair game.

It's certainly fair game but I don't see it as a very effective line of attack. Most of the criticisms of Bain Capital inadvertantly point out that the company was successful and well run when Romney was there. Romney should be careful about claiming companies like the one he ran create tons of jobs (they create some) but his time there is probably a net plus. People like to vote, in part, for people who have been good at stuff.
 
2012-05-23 01:28:17 PM  

count chocula: OMG, stop the presses!

A governor says good things about one of the nations largest investment firms that is based out of his state and provides millions in taxes and political contributions. Amazing. what a crazy world we live in.

/derp.


You don't get it do you? One liberal said that Bain is good, therefore all other liberals are automatically wrong and should be sent to reeducation camps.
 
2012-05-23 01:31:24 PM  
You ever notice Republicans doing this? There are Republican trial lawyers, teachers, union members and university professors. And yet do you ever see them pushing back against the Republican party's relentless demonization of their profession? No, because they're good little soldiers who do what they're told. Dems, there's a lesson here....
 
2012-05-23 01:33:05 PM  

commieprogressive: Lando Lincoln: No, Bain is not a good company. I speak from firsthand experience.

I would like to hear your first hand experience.


My company was doing well, struggling a bit against competitors, but still pulling in good profits.

Then we got news we were going private, and Bain was one of the investors that was buying our company.

First order of business: firings tons of people, of course. We thought that the investors were firing people to move their own people in, but...nope. They were just stripping employee costs down to the bare bones. More than bare bones, depending on the person you talk to.

Second order of business: selling all of the real estate that my company owned (and we owned a lot of real estate).

Third order of business: renting back all of that real estate we just sold. All that money we made from the sale of the real estate? Welp...the investors probably had a really nice party with it. That money certainly was not re-invested into the company.

Fourth order of business: Severely cutting back on any raises for the people that still have a job.

Lots of our departments have been outsourced, and it keeps occurring to this day.

Before Bain et al took over, my company was pretty cool to work for, and we felt like we were a team, and if you worked hard you'd get rewarded for your hard work and you could make it up the ladder. Nowadays...it's just an empty shell of what it used to be. Everybody keeps their heads down now and tries to avoid attention. Upwards mobility and compensation for hard work are distant memories.
 
2012-05-23 01:33:43 PM  
Reuters: Bain Capital profited on a KC steel company and underfunded the pension fund by $44 mil. The gov't had to bail out the pension fund and the workers still didn't get all the pension they expected.

Rachel Maddow (4 months since the report): *crickets*.

/Let's bring up Seamus some more.
 
2012-05-23 01:36:13 PM  

yeegrek: You ever notice Republicans doing this? There are Republican trial lawyers, teachers, union members and university professors. And yet do you ever see them pushing back against the Republican party's relentless demonization of their profession? No, because they're good little soldiers who do what they're told. Dems, there's a lesson here....


Is the lesson "party first, even when the party is wrong?"

Go with that.
 
2012-05-23 01:50:13 PM  

Jackson Herring: Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.


Several years ago when I moved from one side of the border from MA to NY I figured my car insurance would go down because in NY it was all deregulated, we sign up and surprise our rates went up by about 10 bucks a month.
 
2012-05-23 01:51:02 PM  

Splinshints: leadership skills


wtf are those btw?

I hear about all these wonderous "leadership skills" in everything from politics to continuing education courses and I find myself curious about what they really are. I can define manufacturing skills. Can you weld? Solder? Draw? Do you know your fractions? Can you follow instructions and write up additional instructions for the next generation to follow? Can you communicate? DO YOU?

Leadership is defined as the ability to get others to perform tasks and services in an effective manner. When that ability is literally bestowed upon you... is it really a skill? Or does the skill lie with the ability of those beneath the leader to somehow decipher their bullshiat and get things done without them. Having sat in both roles... I'm not entirely sure myself.

One thing I'm certain of, however, is that most 'leaders' (read: managers, ceo's and bosses in general) don't think about things like that.
 
2012-05-23 01:54:05 PM  
Oh, and when the qualities of leadership are dictated by the leaders themselves, who pay for quality reviews of their own possession of those qualities... it gets a little harder. It could be argued, and I might feel up to it later, that ALL leaders are considered leaders only through manipulated public perception of their accomplishments. Leaders are therefore *created* out of their own mythology of leadership.
 
2012-05-23 02:05:39 PM  

BeesNuts: When that ability is literally bestowed upon you... is it really a skill?


It doesn't really make difference if you call it a skill or trait, it still serves its purpose.

BeesNuts: One thing I'm certain of, however, is that most 'leaders' (read: managers, ceo's and bosses in general) don't think about things like that.


To be fair, that's because good leaders understand that philosophical navel-gazing doesn't usually serve any practical and immediate purpose.

Whether you like the traits that make a person a good political or business leader in our society or not says nothing about whether they actually are one. I, too, think that playing golf, having white teeth and nice hair, and being able to say exactly the opposite of what you really think to a person's face are terrible characteristics, but what I think and what things are don't match up. That's just the way political and business leadership works.
 
2012-05-23 02:26:34 PM  

Headso: Jackson Herring: Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.

Several years ago when I moved from one side of the border from MA to NY I figured my car insurance would go down because in NY it was all deregulated, we sign up and surprise our rates went up by about 10 bucks a month.


Why would you figure your rate would go DOWN when you moved to a state with no price controls? A year or two after the deregulation, I literally had GEICO try and DOUBLE my already higher insurance premium because "they didn't anticipate the cost of doing business in the state"
 
2012-05-23 02:27:02 PM  

Splinshints: BeesNuts: When that ability is literally bestowed upon you... is it really a skill?

It doesn't really make difference if you call it a skill or trait, it still serves its purpose.

BeesNuts: One thing I'm certain of, however, is that most 'leaders' (read: managers, ceo's and bosses in general) don't think about things like that.

To be fair, that's because good leaders understand that philosophical navel-gazing doesn't usually serve any practical and immediate purpose.

Whether you like the traits that make a person a good political or business leader in our society or not says nothing about whether they actually are one. I, too, think that playing golf, having white teeth and nice hair, and being able to say exactly the opposite of what you really think to a person's face are terrible characteristics, but what I think and what things are don't match up. That's just the way political and business leadership works.


How about we stop following those people? Can we just do that? Cause that seems like a great way to stop having leaders who are shiat people.
 
2012-05-23 02:49:43 PM  

Headso: Jackson Herring: Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.

Several years ago when I moved from one side of the border from MA to NY I figured my car insurance would go down because in NY it was all deregulated, we sign up and surprise our rates went up by about 10 bucks a month.


It depends. In a deregulated market good risks will see their premiums decline as more insurers are willing to enter the state if they aren't forced to write unprofitable business as well.

Bad risks will definitely see their premiums increase because the lack of price regulation means insurers aren't forced to write bad risks in order to write good risks.
 
2012-05-23 03:30:54 PM  
Romney's nation campaign HQ is based out of the North End in Boston.

Obviously that automatically means he's a fascist socialist that likes cannoli's from mike's pastry. WTF has the GOP done!?
 
2012-05-23 03:53:46 PM  

Jackson Herring: Headso: Jackson Herring: Deval Patrick? The guy who deregulated our car insurance, causing everyone's rates to double? Yeah, libbiest lib who ever libbed.

Several years ago when I moved from one side of the border from MA to NY I figured my car insurance would go down because in NY it was all deregulated, we sign up and surprise our rates went up by about 10 bucks a month.

Why would you figure your rate would go DOWN when you moved to a state with no price controls? A year or two after the deregulation, I literally had GEICO try and DOUBLE my already higher insurance premium because "they didn't anticipate the cost of doing business in the state"


I bought into the lies about deregulation and never had experience with it firsthand because I was insured in MA before.
 
2012-05-23 04:20:02 PM  
encrypted-tbn1.google.com

Bain!
 
2012-05-23 07:27:31 PM  
Bain is Romney's Rev. Wright. The people who care about Romney's ties to Bain aren't going to vote for him anyways, some see his time with Bain as a positive thing, and the rest of the people out there don't want to spend the 2 minutes it takes to learn what Bain is in order to figure out why they should care one way or the other.
 
2012-05-23 09:39:54 PM  
zipdog: Bain is Romney's Rev. Wright. The people who care about Romney's ties to Bain aren't going to vote for him anyways, some see his time with Bain as a positive thing, and the rest of the people out there don't want to spend the 2 minutes it takes to learn what Bain is in order to figure out why they should care one way or the other.

Actually, polling say 55+% of them don't view it favorably, and believe it caused job losses. It's why he doesn't want to talk about it this week, as the more people hear the more they don;t like what they hear.

Mitt needs to talk about his stint as gov in MA to shore up the middle, but his base won't let him. He desperately needs to sweep Bain under the rug, but it's his bases red meat.

/popcorn
 
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