Thom Hartmann: What Exactly is & is Not ''Private Equity''

[thomhartmann]

Conservatives are now calling President Obama’s ads against Mitt Romney and Bain Capital, attacks against capitalism. So, since Republicans are quick to defend private equity - or pirate equity firms - like Bain Capital - even going so far as to argue that an attack on Bain is an attack on capitalism - maybe we should take a step back and explain exactly what it is that a pirate equity firm like Bain Capital does - and then ask the question whether or not this is REALLY American capitalism at its finest.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[xtraxritical]

1. As usual Tom is very, very informative. Everyone should give it a watching.

Put Democrats into Congress and the Whitehouse too, Puleeeeez!

[HopeHoops]

2. Fred Rogers would be proud. That pretty much nailed the entire situation in a short segment.