Pic Of The Moment: New Romney Video: Purpose Of Bain Was To "Harvest" Companies For Profit

[EarlG]

NEW ROMNEY VIDEO: In 1985, He Said Bain Would "Harvest" Companies for Profits

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[Ian_rd]

1. So true. This is the Rich "mining the economy for capital."

I wish I could give credit, but can't remember who said it, for the observation that the Rich have lost any interest in investing in the future of the nation, and largely even their own industries, and are just "mining our economy for capital." Through tax cuts, privatization, union busting, and deregulation (especially of Wall Street), they're just grabbing all the money from our economy that they can, resulting in a wealth gap that's looking more and more like that of a third world country, where there aren't enough cops to patrol the streets and high walls, barbed wire, and hired guards are what protects the Rich and their ill-gotten gains from the working public.

[GeorgeGist]

2. Punk.

[Aldo Leopold]

5. Let's see...posing as a cop, posing as a firefighter, posing with a gun to his chin,

torturing animals, collecting uniforms, forcibly cutting a weaker victim's hair, other forms of bullying, detachment,...what else?

Edit: oh yeah, "harvesting".

Latent serial-killer tendencies. Seriously.

[Downtown Hound]

3. Sounds to me like what Romney needs is Julia Roberts from "Pretty Woman"

to make him into a real human being.

[Aldo Leopold]

4. That's what he thought he was getting with Ryan!

[rock]

6. That is the natural thing to do to people (harvest them for profit)

Companies = people (Yeah Sarcasm)

[Matariki]

7. Yep. The vultures have been eyeing our retirement money for years now

aka Social Security...

[Thegonagle]

15. Anybody wonder why they're fattening up the US Post Office's pension fund?

Shudder.

[LongTomH]

8. Harvesting people for profit.......Why does this sound familiar?

Oh yeah! Now I remember:



John Carpenter's They Live (1988)

[DirtyDawg]

9. I'm tryin to tell em...

I've been saying to my Repug friends for months that the only reason Romney wants to be President is so he can 'Bain US'. His greatest wish is to get his hands on the Treasury so he can 'outsource' everything to his Corporate handlers. He looks at the trillions of dollars in cash flow and all he sees is a chance to make a profit on it...now we see 'his' word for it: 'HARVEST'. Guess they thought that was kinder than Slaughter.

[Arugula Latte]

10. OMG, that graphic ...

[proverbialwisdom]

11. NPR in 2009: "The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis."

http://www.npr.org/templates/story/story.php?storyId=120391729

Listen to the Story - Fresh Air from WHYY

http://www.npr.org/books/titles/138130016/the-buyout-of-america-how-private-equitiy-will-cause-the-next-great-creidt-crisi

Nov 2009

[img][/img]

UPDATE/CURRENT:

http://www.buyoutofamerica.com/

Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy

This site is intended to pick up where the Buyout of America book leaves off.

We would like it to be a forum where we tell you what is presently going on with private equity companies and the private equity debate.

Hilarious, and largely accurate, video on how private equity firms hurt small business owners.

ProPublica does a nice job in September showing how Romney often bought profitable businesses that could handle debt, not companies needing turnarounds. The article also highlights how Bain often used outside brokers to find companies to buy and then did not pay them after it bought those businesses.

<...>

This doesn't jibe with his campaign persona.

[Cha]

12. Totally! That Graphic is Mitt

in nutshell.

Thanks EarlG

[SirRevolutionary]

13. You built that...

and he'll harvest it.

[FailureToCommunicate]

14. I'm guessing all those dollars are blowing overseas...towards Switzerland

[Kalidurga]

16. I have always thought that Romney is a terrible, horrible, no good, very bad man...

only to find out that he is much worse than I thought.

[Major Hogwash]

17. Mitt as a transformer! From boring human to cold, heartless robot harvesting profits!

Nice job, EarlG.
This is an even worse side to the richy-rich attitude that Romney displays.

"I bought some shirts from Costco."

Yeah, sure.
Sure you did.

[tanyev]

18. Soylent Grey is companies!

[Matariki]

23. lol

[Initech]

19. "Job destroyers" would be a far more accurate term for them.

And yet somehow half the population was duped by our spineless media into believing that he will do a better job of handling this bullshit economy better than Obama. Nope - he'll just gut America and sell it to the highest bidder like he did with Bain. You know what - you get what you vote for.

[wordpix]

20. nice one, EarlG!

[burrowowl]

21. K&R

[RoccoR5955]

22. Not the "job creators!"

but they are actually the job CREMATORS!