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

sufrommich

(22,871 posts)
Wed Jan 11, 2012, 02:17 PM Jan 2012

Conservative Mag American Thinker calls Mitt a "vulture capitalist".

By contrast, Mitt Romney was primarily what is affectionately known as a vulture investor. Bain Capital invested in failing companies with the intention of either restructuring their business or stripping the business and selling its assets. This business model often adversely affects a company's employees. To be fair, if the company had gone bankrupt on its own, that would have adversely affected the company's employees too. The question Republican primary voters need to ask themselves is not whether Mitt Romney did anything illegal or immoral. In a climate of near 10% unemployment, do Republicans want a vulture investor to be the face of their party?

The two core arguments for Mitt Romney's candidacy are (1) that he knows how to create jobs and (2) that he stands a better chance of defeating Barack Obama than his competitors. Is it true that a slash and burn vulture investor is the best advocate for job creation? If you were a factory worker in Ohio or Pennsylvania or the upper Midwest and Mitt Romney killed your job because there was a more efficient use of the capital employed in your factory, are you really going to listen to what Mitt Romney has to say even if you believe in hard work and free market capitalism?

http://www.americanthinker.com/printpage/?url=http://www.americanthinker.com/blog/2012/01/mitt_romney_and_the_hypocrisy_of_bain_capital.html


3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Conservative Mag American Thinker calls Mitt a "vulture capitalist". (Original Post) sufrommich Jan 2012 OP
kick! ingac70 Jan 2012 #1
It is absolutely amazing to see sufrommich Jan 2012 #2
But wait! There's more! ingac70 Jan 2012 #3

sufrommich

(22,871 posts)
2. It is absolutely amazing to see
Wed Jan 11, 2012, 02:37 PM
Jan 2012

any conservative call anybody a "vulture capitalist" ,let alone the eventual nominee. I'm watching MSNBC right now and they're showing Rush Limbaugh apoplectic about Newts attacks on Romney. It's hilarious to watch.

Latest Discussions»Retired Forums»2016 Postmortem»Conservative Mag American...