Bain Capital is Wall Street

[kpete]

Formerly disgraced dot-com stock pumper Henry Blodget, who has rehabilitated himself quite nicely as a sharp and witty Wall Street and political observer on Yahoo's Daily Ticker, said all that needs to be said about Mitt Romney yesterday... in one sentence!

Bain Capital is Wall Street: buy companies that employ lots of people, restructure them, fire lots of people, flip them to other folks, stick your money in the bank, and then, thanks to that wonderful tax loophole, it's like 'oh yes but this is capital at risk; therefore we deserve a tiny tax rate relative to all you folks, and by the way, it's stashed in the Cayman Islands, because the U.S. Government can't get their grubby hands on it, and we're not subject to all the same regulations'... and so there is no good answer.

VIDEO & MORE:
http://www.dailykos.com/story/2012/01/21/1056919/-Former-Wall-Street-Insider-Captures-the-Joke-of-Candidate-Romney-Perfectly-(w-VIDEO)?via=siderec

[Life Long Dem]

1. Romney is sneaky.

He is sneaky in business and now he is trying to sneak his way right into the presidency.

[FarCenter]

2. Bain Capital is the John Hancock Tower in Boston, MA

Wall Street is in New York City.

[BadgerKid]

3. There's an expression: To be a millionaire, work on getting your second million first.

Wall St. companies with lots of capital can do just this, up to running afoul of monopoly concerns.

You end up with several GEs, Carlyles, etc., who own a piece of just about everything.

[raouldukelives]

4. Wall St investors are living the dream

For the rest of the planet, it's just a nightmare.