If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(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  
•       •       •

10380 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»



254 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | 3 | 4 | 5 | 6 | » | Last | Show all
 
2012-10-15 01:33:18 PM

Supahl33t: I'll take Lincoln over Woodrow "Let the KKK in the White House" Wilson any day.


And yet Wilson wasn't a lawyer but Lincoln was.

So, you don't really have a point, do you? Combined with this post, now I'm thinking you actually didn't try to make one, but instead are playing $10,000 Pyramid with us and the category is "Things Glen Beck might say".
 
2012-10-15 01:33:21 PM
If Romney runs America the way he ran companies under Bain...

He'll merge the Department of Education with Department of Defense to reduce overhead.
Sell off the gold in Fort Knox since it's not doing anything and pocket the profits as a management fee.
Recall all the promissory notes in exchange for shares in the Federal Government of the USA.
Ship all the prison labor jobs to China, freeing Federal Prisoners to do more government jobs.
Put running of the EPA, FDA, USDA, and DARPA to the lowest bidders.
Allow subletting of any federal lands to any company regardless of origin of ownership or history.
Oh, and fire all unionized federal employees and rehire some into new non-union organization.

Anything else I've missed. And I'm sorry if what I've described doesn't sound like a touch of sarcasm.
 
2012-10-15 01:33:37 PM

ghare: xanadian: He's the Not Obama, so all the white, blue collar and/or redneck types will vote against their own best interests.

Uh, hello, whitey here, I wouldn't vote for Romney to be dogcatcher.


Then you're one of the very few Republican-target-types (i.e., old white guys, fundies, etc) who's been paying attention.

/whitey here, too
//so white I glow in the dark

BN0: Romney got rich while working at Bain. Bain didn't do so good. They fared about as well as a company as the stock market itself did during the same time period.


Hmm. Interesting point. And, yeah, I had always wondered what happened to Kay-Bee...
 
2012-10-15 01:34:13 PM

randomjsa: 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?



Yeah, because stripping a steel company and Dunkin Donuts are the same thing. I'm sure there are buyers lined up worldwide to take Dunkin Donuts equipment.

lol

u more tarded every day
 
2012-10-15 01:35:03 PM

wildcardjack: He'll merge the Department of Education with Department of Defense to reduce overhead.


Hey now. I learned a LOT while in the military. And I'm sure such a merger would make things like the GI Bill run that much more smoothly.
 
2012-10-15 01:35:13 PM

ghare: According to Ayn Rand, Romney is a looter.


That can't be, he doesn't even drink Heineken.
 
2012-10-15 01:35:53 PM

xanadian: spelletrader: 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.

[t3.gstatic.com image 260x146]

Oh. Wait. A *stroke*. As in, the brain.

Never mind. 

/what if you had a stroke while having a stroke?


Quite a mess, I'd imagine.
 
2012-10-15 01:37:15 PM

vpb: 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?


Check the Congressional Record. We already are.
 
2012-10-15 01:37:43 PM

BN0: xanadian: Run the government like a business--like Bain--and we'd be rolling in the moulah.

Romney got rich while working at Bain. Bain didn't do so good. They fared about as well as a company as the stock market itself did during the same time period.

Bain Capital was much better for Romney than Romney was for Bain.

Also, look at what Bain REALLY did for Dunkin Donuts: saddled it with MASSIVE debt from it's own leveraged buyout. Thanks Bain!

Also Bain did wonders for KayBee Toys.. (look it up)STUDY IT OUT.


FTFY
 
2012-10-15 01:38:27 PM

xanadian: spelletrader: 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.

[t3.gstatic.com image 260x146]

Oh. Wait. A *stroke*. As in, the brain.

Never mind. 

/what if you had a stroke while having a stroke?


Best. "The Stranger". Ever.
 
2012-10-15 01:38:43 PM

vpb: 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.


Interestingly, this is one point on which Marx and Rand's philosophies agree: They both loathe the very people we seem to be rewarding the most.
 
2012-10-15 01:39:18 PM

on the road: Of course Romney thinks he's a job creator.


Well, he did create a lot of jobs -- overseas. He's never created a job here; he has only eliminated them. That's what LBO experts do. They buy a healthy company and a few that are tanking and combine them into a single holding company. They lay off a lot of people, send the work overseas, restructure the costs of the newly formed company, get a few quarters of profitability under their belts and then sell it.
 
2012-10-15 01:41:16 PM

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


Exactly. He's running on business experience, not what he's done. It's like this: Mitt Romney is a Level 85 Businessman. Obama is level 30 at best. I mean, do you really want someone running this country who hasn't even fought Onyxia?
 
2012-10-15 01:47:06 PM
David Stockman was a world-class asshat when he worked for Reagan. In a sane world, it would probably have been pretty embarrassing for Mitt Romney that the guy who pioneered the use of supply side "theory" is repudiating it and him....
 
2012-10-15 01:47:26 PM
hey, go with what you know.
In this case I'd prefer he kept on going.
 
2012-10-15 01:47:39 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.....


Really? that meme didn't work four years ago. Sure you want to play that tired old song again?
 
2012-10-15 01:48:42 PM

GranoblasticMan: vpb: 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.

Interestingly, this is one point on which Marx and Rand's philosophies agree: They both loathe the very people we seem to be rewarding the most.


except Rand's philosophy conflates being very wealthy with being creative and productive
 
2012-10-15 01:48:52 PM
I love talking about how rmoney has no real position, but remember that the president flipped on gay marriage when it became politically favorable to him.
 
2012-10-15 01:49:30 PM

randomjsa: 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.


How about some links to back this up?
 
2012-10-15 01:49:50 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.....


You're right... to deal with this mess of complex financial maneuvering required, we should get one of the people responsible for this mess of complex financial maneuvering to get us out of it. It's like hiring your kidnapper to rescue you.
 
2012-10-15 01:51:10 PM
So he's a businessman, then?
 
2012-10-15 01:51:40 PM
Using 'pinko' ironically, subby? You do know Stockman had an FBI file from his days as a radical @ MSU? 
 
2012-10-15 01:53:18 PM

Jaws_Victim: I love talking about how rmoney has no real position, but remember that the president flipped on gay marriage when it became politically favorable to him.


Sure, but Obama hasn't flipped back.

Romney doesn't flip-flop, he oscillates.
 
2012-10-15 01:53:32 PM

HairBolus: 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.


Or get rid of welfare so that they die from illness, malnutrition or exposure to the elements.
 
2012-10-15 01:54:03 PM

randomjsa: 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.


80%? CITATION NEEDED.

You already show up in Red Team red, so I ain't holding my breath.
 
2012-10-15 01:55:43 PM

tommyl66: keylock71: 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.

If you would just take the time to read the specifics on Romney's budget plans you'd see that it will work only if you forward on the plan to 10 of your friends before midnight on November 5th. Otherwise we'll have 4 years of bad luck and our crushes will think we're ugly.


But I don't have 10 friends. And I am actually ugly.
 
2012-10-15 01:57:37 PM
It sure would be interesting having a corporate raider holding the keys to the kingdom. Every CEO in the country must be drooling at the thought of getting Romney into the White House. Let's take bets on how much deregulation will start happening as soon as he gets elected.
 
2012-10-15 01:59:03 PM

PunGent: 80%? CITATION NEEDED.


And just because they kept going doesn't mean they were in good shape or operating in anything resembling a desirable way. I mean hell Sealy is still around, but after Bain bought it it got over $600 million in debt added to it's books. That's not a good thing.
 
2012-10-15 01:59:09 PM

ScottRiqui: PanicMan: Speaker2Animals: "We'll negotiate this with Congress" is apparently all the detail that's required.

Because Congress has such a stellar reputation for negotiating and compromising.

So, do you think the Republicans would be able to recognize/acknowledge obstructionists in Congress if it were *their* man in the White House?


I think the lack of an initial public negotiating position would make it easy to blame Democrats as an emotional attack, and not a fact based attack. And frankly, Democrats suck at rebutting emotional attacks.
 
2012-10-15 01:59:43 PM
You know who else buys oversized assets, gets rid of the wasteful parts, knocks the rest into shape and sells it for a profit?

Butchers. Furniture makers. Natural resource companies. Most manufacturing businesses. Etc.
 
2012-10-15 02:00:02 PM

Bendal: 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.


Which is a joke, since true business expenses are tax exempt, and would be unaffected by tax rate increases.
 
2012-10-15 02:04:03 PM
Sick of it!
 
2012-10-15 02:05:04 PM

ManateeGag: FlashHarry: Myth Romney

everything is lies

Mitt Romney is secretly Cardassian. Whar Earf Cirtificat!? Whar?


Don't be silly... We all know he's a Soong type android!

Moopy Mac: xynix: 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.

wut?


Not sure if serious... Did you really not know that we in Mass. have been living under "Obamacare" (though, we called it "Romneycare") since 2006? So-called Obamacare was based on Romneycare, and ends up being pretty much identical...
 
2012-10-15 02:05:32 PM
So when the private sector does it = evil. When Obama does it with bailouts, QE2, Solandra, etc = genius.

And liberals wonder why people think they are idiots.
 
2012-10-15 02:07:12 PM
imp07/Romney_Flip_FlopHQ.jpg
 
2012-10-15 02:10:01 PM
Maybe he should be forced to sew a big "M" on his clothes because he's a Mormon....and a big "1" seeing as how he is a 1%er.

Yea, that's it.


encrypted-tbn3.gstatic.com
 
2012-10-15 02:10:09 PM
i235.photobucket.com
 
2012-10-15 02:11:45 PM

Karma Curmudgeon: Supahl33t: I'll take Lincoln over Woodrow "Let the KKK in the White House" Wilson any day.

And yet Wilson wasn't a lawyer but Lincoln was.

So, you don't really have a point, do you? Combined with this post, now I'm thinking you actually didn't try to make one, but instead are playing $10,000 Pyramid with us and the category is "Things Glen Beck might say".


My bad, we haven't had Democrat lawyers try to run the country.

Democratic and Republican Presidential and Vice-Presidential candidates since 1980, and let's seehow many lawyers there were:

[Democratic] Attorneys (10 out of 12 total - 83%)
Obama
Biden
Kerry
Edwards
Lieberman
Clinton
Dukakis
Bentsen
Mondale
Ferarro
[Possibly Gore, who never graduated - if he's included, the percentage is 92%]
Carter was the only non-lawyer, non-law school attendee.

[Republican] Attorneys (2 out of 9 total - 22%)
Dole
Quayle

Non-lawyers - McCain, Palin, Bush 43, Cheney, Kemp, Bush 41 and Reagan

Keep on grasping there you twit.
 
2012-10-15 02:13:31 PM

xanadian: He's the Not Obama, so all the white, blue collar and/or redneck types will vote against their own best interests.


Please take some comfort in the fact that my old, white, blue collar (retired) ex-military dad will be voting for Obama. They're a rare breed, but they do exist.
 
2012-10-15 02:13:39 PM

lordaction: So when the private sector does it = evil. When Obama does it with bailouts, QE2, Solandra, etc = genius.

And liberals wonder why people think they are idiots.


Except that isn't what liberals think. But it's nice of you to participate in recycling by pulling the talking points pages out of Limbaugh's dumpster.
 
2012-10-15 02:13:57 PM

ManateeGag: Mitt Romney is secretly Cardassian. Whar Earf Cirtificat!? Whar?


Better slip a little cobalt diselenide into both candidates' drinking water at the next debate, just to be sure.
 
2012-10-15 02:21:14 PM
David Stockman?

Yes, I'm sure we can trust a guy who gave a middle finger to the Republican Party in 1986 to be non-partisan in his criticisms. I'm certain that a Wall Street finance guy who completely failed at running his own investment firm doesn't have any envy of someone who actually ran one successfully that might slant his judgment. I believe that someone whom the Bush SEC pursued and the Bush DoJ indicted for fraud doesn't have any resentment that might bias his opinions. And I know that the author of a new book will give his honest opinion, instead of something calculated to get publicity.

Seriously, can't you guys find a Romney critic with even a tattered shred of credibility?
 
2012-10-15 02:21:21 PM

WhyteRaven74: And just because they kept going doesn't mean they were in good shape or operating in anything resembling a desirable way. I mean hell Sealy is still around, but after Bain bought it it got over $600 million in debt added to it's books. That's not a good thing.


Sure it is! Do you know how many fees that debt produces? How much in servicing cost? That debt is a profit generator! Oh, you mean for the company? Screw the company.
 
2012-10-15 02:23:03 PM
At least Republicans didn't start this expensive and useless "war on drugs".
 
2012-10-15 02:24:59 PM

Detinwolf: It sure would be interesting having a corporate raider holding the keys to the kingdom. Every CEO in the country must be drooling at the thought of getting Romney into the White House. Let's take bets on how much deregulation will start happening as soon as he gets elected.


That's exactly what is happening... the top CEO's and "Job Creators" are actually using job stifling to bully the country into electing someone who will go back to deregulating and putting the failures back on the tax payers...

Corporate America and CEO's are pulling plays from local school districts that cut programs when they don't get that levy they ask for...

"Give us a tax free playground or we will leave the country! Oh and give us a playground without rules or chaperones or we won't hire people to back fill all those positions to relieve the double and triple work loaded paranoid employees we have left!"
 
2012-10-15 02:28:15 PM

austin_millbarge: lordaction: So when the private sector does it = evil. When Obama does it with bailouts, QE2, Solandra, etc = genius.

And liberals wonder why people think they are idiots.

Except that isn't what liberals think. But it's nice of you to participate in recycling by pulling the talking points pages out of Limbaugh's dumpster.


So I'm just imagining this whole thread then. Whenever I think liberals can't get anymore intellectually dishonest I run into someone like you. Thanks for the laugh! (but not a Biden laugh)
 
2012-10-15 02:31:03 PM

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


I didn't know Obama was a professor. he's never suggested that I should vote for him because he was a professor, if he was one.
Mitt Romney, on the other hand, has suggested that I should vote for him, in part, because he's a "successful businessman". So the fact that he has never been any such thing is relevant to me.
 
2012-10-15 02:31:26 PM

CeroX: Detinwolf: It sure would be interesting having a corporate raider holding the keys to the kingdom. Every CEO in the country must be drooling at the thought of getting Romney into the White House. Let's take bets on how much deregulation will start happening as soon as he gets elected.

That's exactly what is happening... the top CEO's and "Job Creators" are actually using job stifling to bully the country into electing someone who will go back to deregulating and putting the failures back on the tax payers...
"


You mean like bailing out a failed GM, banks, taxpayer funded loans to fraudulent energy companies, a stimulus that did jack squat, etc....you mean putting those kind of failures back on the tax payers?

Vote for Obama!
 
2012-10-15 02:32:22 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.....


So, 4 years as President of the United States of America doesn't give one experience to be President of the United States of America?
 
2012-10-15 02:36:27 PM

Bendal: So, how many jobs have you PERSONALLY created, Mitt, with that money from your 14% tax rate?


Well, there are the people who take care of his horse, and who built it's barn, and make all the nice tack...

And then there are all the jobs he's created in India, China, and Mexico when he laid off Americans.
 
Displayed 50 of 254 comments

First | « | 1 | 2 | 3 | 4 | 5 | 6 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »





Report