Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Democrats_win

(6,539 posts)
Mon Jul 16, 2012, 01:23 PM Jul 2012

Bain's Ed Conrad on Up w/ Chris Hayes: two years to sever ties with Romney

If you watched the excellent program Up with Chris Hayes, you saw former Bain executive Ed Conrad try to explain what was going on at Bain after Romney "left." He claimed that because Mitt had supposedly created such wealth for Bain, that they had to figure a way to compensate him as he severed ties.

The irony of this is that while Mitt would be treated so well, people fired by Bain's boondogles would be thrown to the gutter. Remember, Mitt's company sold off the assets of these companies and loaded them with debt while pocketing huge fees. While Mitt would be rewarded a second time for his rotten work as nothing more than a glorified desk jockey, the collective hard work that created wealth in the companies Bain destroyed, would not result in rewards for those workers. Those works too created value in the companies they worked for. But tens of thousands would get the shaft while a few guys made billions. Truly, humanity must stand up and make it clear that this is WRONG!

A second point on this is that Mitt now seeks to be rewarded a THIRD time for his "work" at Bain. He wishes to use that "work" to get people to vote for him. Cudos to the Obama team for calling him on it. NEVER let Mitt's bad works at Bain be rewarded again!

Here's a link to Chris Hayes show and I'll have another thread talking about other points brougth up during the show.

http://upwithchrishayes.msnbc.msn.com/

Latest Discussions»General Discussion»Bain's Ed Conrad on Up w/...