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(NYPost)   What they say: Bain's a horrible evil corporate scumweasel blight on all that is noble and good, who will be first against the wall when the revolution comes. What they do: Sheeeeit, would you look at those returns. We're parking our money at Bain   ( divider line
    More: Obvious, Sheeeeit, Ford Foundation, pension system, evils, walls  
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1939 clicks; posted to Politics » on 02 Sep 2012 at 9:36 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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View Voting Results: Smartest and Funniest

2012-09-02 03:35:44 PM  
1 vote:

First one? Really? Fark, I am disappoint.
2012-09-02 11:02:02 AM  
1 vote:
This thread is about Solyndra, yet you libs keep talking about Bain.

Thanks for the threadjack, libs.
2012-09-02 10:27:20 AM  
1 vote:

Here the invisible President only Republicans can see addresses the invisible libs and welfare leeches only Republicans can see.
2012-09-02 10:10:32 AM  
1 vote:
* State Teachers Retirement System of Ohio ($767.3 million)

OMG Pull that money out now and let the place collapse. Bain is an evil capitalistic organization.
2012-09-02 09:55:49 AM  
1 vote:

A Terrible Human: I still want to see Romney's tax returns.

Would you understand them?
2012-09-02 09:53:45 AM  
1 vote:

clambam: Oh, come on. Romney and his ilk claim to be entitled to outlandish compensation because they are taking the big risks and therefore deserve the big rewards. But the whole point to the Bain controversy is that, under their business plan, there are no risks. Not to them anyway, or their investors. The whole thing is set up as a huge Ponzi scheme where a privileged class of investors is guaranteed a high return whatever the outcome for the companies at risk and their employees. It may be legal (it undoubtedly is), but it is also highly unethical, no ifs ands or buts. You may be entitled in this country to make your living as a vulture capitalist, but that far from qualifies you to be President of the United States; in fact, precisely the opposite.

While the rest of your post is spot on, can we please stop using "Ponzi scheme" as a catchall term for every financial scam? Ponzi schemes are a very specific kind of scam, designed to screw over exactly those big investors who benefit from Bain-style vulture capitalism.
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