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(Newsweek)   "Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, and stripped businesses," says noted liberal pinko former budget director for Ronald Reagan   (thedailybeast.com) divider line 254
    More: Interesting, Mitt Romney, David Stockman, Ronald Reagan, economic values, annual percentage yield, Dodge City, capital structure, free market economy  
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10379 clicks; posted to Politics » on 15 Oct 2012 at 12:35 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-15 10:30:52 AM
Myth Romney

everything is lies
 
2012-10-15 10:31:18 AM
He's not a businessman. He's a business, man.
 
2012-10-15 10:38:37 AM
Yeah but he's white and a huge supporter of the military industrial complex.
 
vpb [TotalFark]
2012-10-15 10:41:43 AM
This is true of a lot the investment and finance industry. It produces nothing but makes money by manipulating the system. It's not hard to figure out why people like Romney hate government regulation so much.
 
2012-10-15 10:48:18 AM
That entire article should be preserved as Exhibit #1 in the case against unfettered western capitalism.
 
2012-10-15 10:50:44 AM
That's a kind of businessman.

Frankly it doesn't really matter. The idea that we need a businessman to run government like a business is farking retarded.

Most of the people that spout this nonsense have obviously never worked for a large corporation.. here's a tip, they're not exactly paragons of efficiency and creative thinking.
 
2012-10-15 11:06:56 AM
So, you think we'll be sold to China, or will a Anglo-Canadian consortium come in to buy a controlling interest in the USA?
 
2012-10-15 11:09:32 AM
And even if you do accept that he was a businessman, a genius who ran a company, what's he done since he retired in 1999?
 
2012-10-15 11:11:35 AM
Ich bin mit Mitt.
 
2012-10-15 11:17:21 AM

Eddie Adams from Torrance: That's a kind of businessman.


Then, I submit, so is the Mafia.
 
2012-10-15 11:31:41 AM

propasaurus: And even if you do accept that he was a businessman, a genius who ran a company, what's he done since he retired in 1999?


He ran the Olympics and then was a governor for 4 years. This is what Republicans look at.. Did he suck at running the Olympics? In a financial way yes but they don't see that. Did he invent Obamacare while governor of MA? Indeed he did but that doesn't matter. Did Bain Capital do all kinds of sneaky shiat? Of course they did but capitalism is capitalism and it doesn't matter because he hasn't run the company since 1999. The years of 1978-1999 have no bearing on who he is today and what he stands for today.
 
2012-10-15 11:33:51 AM

xynix: The years of 1978-1999 have no bearing on who he is today and what he stands for today.


apart from the fact that he's touting his business experience and a reason to vote for him.
 
2012-10-15 11:43:31 AM
Haven't heard from David Stockman for a while. I wondered what he's been up to.
 
2012-10-15 11:44:43 AM

FlashHarry: Myth Romney

everything is lies


Mitt Romney is secretly Cardassian. Whar Earf Cirtificat!? Whar?
 
2012-10-15 11:47:47 AM

xynix: The years of 1978-1999 have no bearing on who he is today and what he stands for today.


Yesterday seems to have no bearing on who he is today.
 
2012-10-15 11:53:14 AM
Anybody else see the Frontline that was on last week after the VEEP debate? It was basically dueling biographies of Obama and Romney.The show shared flattering and not so flattering things about both candidates, but the thing that struck me about Romney in both his business and political careers was so willing to say whatever it took to get he wanted. He literally does not have a single political principle that he has ever been willing to take a stand on.

http://www.pbs.org/wgbh/pages/frontline/choice-2012/


Good stuff and worth the time to watch it
 
2012-10-15 12:08:07 PM

Grand_Moff_Joseph: Exhibit #1 in the case against unfettered western capitalism.


That is quite possibly the greatest Fark handle of all time.

/I wonder if it would fit
//it's going on the list
 
2012-10-15 12:27:35 PM

Rev.K: Grand_Moff_Joseph: Exhibit #1 in the case against unfettered western capitalism.

That is quite possibly the greatest Fark handle of all time.

/I wonder if it would fit
//it's going on the list


"Unfettered Western Capitalism" does have a good ring to it. and the short form - UWC - isn't bad either.

/btw, that's one of the most epic profiles I've seen on here
 
2012-10-15 12:28:09 PM

NowhereMon: He literally does not have a single political principle that he has ever been willing to take a stand on.


Phooey. He's absolutely committed to not taking a stand; that's his principle.
 
2012-10-15 12:37:49 PM
Let's give him a chance to do it for the US, nothing else has worked so far.
 
2012-10-15 12:40:48 PM

probesport: Let's give him a chance to do it for the US, nothing else has worked so far.


Well, actually, basic Keynesian principles to pull us out of republican-induced tailspins followed by more conservative deficit-reducing efforts during times of prosperity when we can afford to pay off our debt have worked fine on more than one occasion, but your bald-faced lie is probably good too.
 
2012-10-15 12:42:17 PM

xynix: The years of 1978-1999 have no bearing on who he is today and what he stands for today.


So they wants someone LESS experienced than Obama?
 
2012-10-15 12:42:43 PM
The article would hold more weight if her weren't peddling a book, and for thirty bucks at that.
 
2012-10-15 12:43:42 PM

spelletrader: The article would hold more weight if her weren't he wasn't peddling a book, and for thirty bucks at that.


FTFM: I must have had a minor stroke or something.
 
2012-10-15 12:44:11 PM
So in other words, he's the perfect man to run the US.
 
2012-10-15 12:44:18 PM
He's a rich guy doing rich guy things with and endless supply of discretionary capital.
 
2012-10-15 12:44:27 PM

Vegan Meat Popsicle: probesport: Let's give him a chance to do it for the US, nothing else has worked so far.

Well, actually, basic Keynesian principles to pull us out of republican-induced tailspins followed by more conservative deficit-reducing efforts during times of prosperity when we can afford to pay off our debt have worked fine on more than one occasion, but your bald-faced lie is probably good too.


See, SOMEBODY gets it.
 
2012-10-15 12:44:52 PM
So, Romney was as much a businessman as Obama was a professor?
 
2012-10-15 12:46:00 PM

Vegan Meat Popsicle: probesport: Let's give him a chance to do it for the US, nothing else has worked so far.

Well, actually, basic Keynesian principles to pull us out of republican-induced tailspins followed by more conservative deficit-reducing efforts during times of prosperity when we can afford to pay off our debt have worked fine on more than one occasion, but your bald-faced lie is probably good too.


Yes, but it didn't do as well as he imagined it should have done, so therefore it was a total failure and we should try something else
 
2012-10-15 12:46:31 PM

Angry Drunk Bureaucrat: So, you think we'll be sold to China, or will a Anglo-Canadian consortium come in to buy a controlling interest in the USA?


Nah, everything will be privatized and franchised. These asshats are using Neal Stephenson's "Snow Crash" as an instruction manual.
 
2012-10-15 12:46:32 PM
I've been following his commentary lately. David Stockman has turned out to be pretty cool.
 
2012-10-15 12:46:40 PM
Buying and selling businesses does not make you a businessman?? Get a brain, mormon. It makes you a Meta-Businessman!
 
2012-10-15 12:46:46 PM
Mitt also keeps his funds offshore which prevents them from trickling down to Americans. Draft dodging, tax avoidance, and firing people, he is truly America's greatest patriot.
 
2012-10-15 12:47:10 PM
Because a "Community Organizer" Is sooooo much better at dealing with the complex financial manuevering needed to get us out of the current mess.....
 
2012-10-15 12:49:27 PM

SandMann: So, Romney was as much a businessman as Obama was a professor?


Obama burned down the school, fired all his students and shipped them all to China? What a dick.
 
2012-10-15 12:49:31 PM
So Bain gets involved in four steel companies. One of which ends up being closed down. So what about the other three? I thought he was some evil raider who destroys companies. Why didn't he do that to the other three? Ever heard of Dunkin Donuts? I'm just curious as to why Bain rebuilt and restructured that company, making it profitable again, and saving thousands and thousands of jobs, instead of raiding it and destroying it?

80% of the companies Bain became involved with while Romney was there were able to keep going and 20% failed. Until you can explain away the 80% your little "evil Bain destroys companies!" logic is going to fail.
 
2012-10-15 12:51:08 PM

mark12A: Because a "Community Organizer" Is sooooo much better at dealing with the complex financial manuevering needed to get us out of the current mess.....


Obama's been President for four years, numbskull. I would say that counts for a helluva lot more than "Vulture Capitalist" and lifetime mooch on the American tax system.
 
2012-10-15 12:51:13 PM
Romney is on record saying he believes that his 14% tax rate is perfectly reasonable, since that low rate allows "job creators" the capital they need to invest in new businesses.

So, how many jobs have you PERSONALLY created, Mitt, with that money from your 14% tax rate? He should have just lists and lists of businesses he has personally helped finance and create, and be able to point to a large number of jobs that this low tax rate allowed him to create.

How about it, Mitt? What have you been doing with all that money saved using such a low tax rate?
 
2012-10-15 12:51:50 PM
a master financial speculator who bought, sold, flipped, and stripped businesses an entire country

But jobs will be created. When dollar-heavy China goes shopping, Mandarin speakers will be needed to close business deals.
 
2012-10-15 12:52:45 PM

mark12A: Because a "Community Organizer" Is sooooo much better at dealing with the complex financial manuevering needed to get us out of the current mess.....


Give us some of Romney's "specifics"... Particularly, how 5 trillion in tax cuts and a doubling of the defense budgets is "revenue neutral". Also please detail all the loop holes that will be closed to pay for these cuts.

Thanks.
 
2012-10-15 12:52:59 PM
Sadly none of this matters. The thing that got Obama elected in the first place is the very thing that will cause this election to be a close one. It's his race.
 
2012-10-15 12:53:11 PM
This is why I am voting Republican for the first time in my life: if anyone is going to trade, flip, and strip me, it's going to be someone I trust not to take advantage of me afterwards
 
2012-10-15 12:53:18 PM

mark12A: Because a "Community Organizer" Is sooooo much better at dealing with the complex financial manuevering needed to get us out of the current mess.....


Look you uninformed WingNut, those neighborhoods in Chicago are really turning around. Change, it's teh awesome.
 
2012-10-15 12:55:37 PM
lynnrockets.files.wordpress.com
 
2012-10-15 12:56:21 PM

mark12A: Because a "Community Organizer" Is sooooo much better at dealing with the complex financial manuevering needed to get us out of got us into the current mess.....


In a word? Yes.
 
vpb [TotalFark]
2012-10-15 12:56:41 PM

Angry Drunk Bureaucrat: So, you think we'll be sold to China, or will a Anglo-Canadian consortium come in to buy a controlling interest in the USA?


Why wouldn't we become a subsidiary of Koch Industries?
 
2012-10-15 12:57:06 PM

Eddie Adams from Torrance: The idea that we need a businessman to run government like a business is farking retarded.


If a business has a non-profitable division - few want to buy its product or service - then it is best for the business to get rid of it. Some businesses also get rid of divisions that do make a profit but not enough - the capital invested in the division could make more profit elsewhere.

To run the US as a business there would need to be a way to get rid of non-profitable citizens and organizations, maybe using execution or deportation to get rid of people.
 
2012-10-15 12:57:57 PM

Grand_Moff_Joseph: btw, that's one of the most epic profiles I've seen on here


It's a labor of love.
 
2012-10-15 12:58:23 PM
Why does David Stockman hate Amurca?
 
2012-10-15 12:59:59 PM

NowhereMon: Anybody else see the Frontline that was on last week after the VEEP debate? It was basically dueling biographies of Obama and Romney.The show shared flattering and not so flattering things about both candidates, but the thing that struck me about Romney in both his business and political careers was so willing to say whatever it took to get he wanted. He literally does not have a single political principle that he has ever been willing to take a stand on.

http://www.pbs.org/wgbh/pages/frontline/choice-2012/


Good stuff and worth the time to watch it


Saw that this weekend... very good program... someone had a quote about Mitt... that it didn't matter what he believed on an issue... he basically became the product the consumers were buying... whatever that was.
Oh, you want an 'extreme conservative'.. I'm an extreme conservative! You want pro-life... I'm very pro-life...(except for the years that I was very pro-choice...)
 
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