View Full Version : It Is An Easy Choice
Guest
08-11-2012, 02:24 PM
Here are some but not all of the reasons why I believe Obama has failed.
The pro Obama Super PAC blamed Mitt Romney for the death of a woman who died of cancer. This attack went over the line. There are some that beleive Obama had a part in that ad but whether he did or did not Obama has yet to rebuke that attack and his lack of doing so brings into question just how low he will go to get re-elected. It further would be to his benefit because the ad makes Obama look very weak and will damage his likability ratings. We like gunslingers but we reject mudslingers.
Likewise it is believed that Obama encouraged Harry Reid to tell his story, without any susbstantive proof that a deep throat character swears that Romney didn't pay taxes for 10 years.
Obama's Secretary of State under his direction guidance and polices is repeatedly shown cutting a rug tossing back a beer showing casing the people to people diplomacy demonsrates her moral obtuseness. While the Syrian Irnian, etc people are under attack she dances away. This trivalizes foreign policy making America look like well the back end of a horse.
Obama makes claim that by taxing the rich we can tax our way out of our debt crisis. He cast Romney as a rich guy protecting the rich and that his economic policiesd are exactly what got us into trouble in the first place.
Well he mischaracterizes why we got into this problem in the first place but why rehash the the past, a past well known by all.
To counter Obama claims the Tax Reform Act of 1986 by the Reagan Adminsitration increased GDP by over a trillion dollars and in todays economic environment would translate in inceasing the wealth of the nation by 7 million dollars.
Obama has turned the immigration issue to be one of civil rights. Can illegal aliens have civil rights (racial profiling)? Certainly they are entitled to human rights and we all support that cause. Obama tried to beat to death the Immagration Policy enacted by Arizona . Consider that the reason New York city dramatically reduced its crime rate the police took a proactive approach and were expected to intervene anytime they observed anyone looking suspicious which included their right to frisk a suspect. At that time New York was plagued by black and hispanic gangs. They cleaned up many of these areas and guess what the areas were rebuilt and people could live without fear.
Our economy is three years post recession and we are in a worse place than when we started. It is an easy choice this November and I am betting that Americans want the country to return to those ideals that kept us safe and strong for so long
Guest
08-11-2012, 03:51 PM
Here are some but not all of the reasons why I believe Obama has failed.
The pro Obama Super PAC blamed Mitt Romney for the death of a woman who died of cancer. This attack went over the line. There are some that beleive Obama had a part in that ad but whether he did or did not Obama has yet to rebuke that attack and his lack of doing so brings into question just how low he will go to get re-elected. It further would be to his benefit because the ad makes Obama look very weak and will damage his likability ratings. We like gunslingers but we reject mudslingers.
Likewise it is believed that Obama encouraged Harry Reid to tell his story, without any susbstantive proof that a deep throat character swears that Romney didn't pay taxes for 10 years.
Obama's Secretary of State under his direction guidance and polices is repeatedly shown cutting a rug tossing back a beer showing casing the people to people diplomacy demonsrates her moral obtuseness. While the Syrian Irnian, etc people are under attack she dances away. This trivalizes foreign policy making America look like well the back end of a horse.
Obama makes claim that by taxing the rich we can tax our way out of our debt crisis. He cast Romney as a rich guy protecting the rich and that his economic policiesd are exactly what got us into trouble in the first place.
Well he mischaracterizes why we got into this problem in the first place but why rehash the the past, a past well known by all.
To counter Obama claims the Tax Reform Act of 1986 by the Reagan Adminsitration increased GDP by over a trillion dollars and in todays economic environment would translate in inceasing the wealth of the nation by 7 million dollars.
Obama has turned the immigration issue to be one of civil rights. Can illegal aliens have civil rights (racial profiling)? Certainly they are entitled to human rights and we all support that cause. Obama tried to beat to death the Immagration Policy enacted by Arizona . Consider that the reason New York city dramatically reduced its crime rate the police took a proactive approach and were expected to intervene anytime they observed anyone looking suspicious which included their right to frisk a suspect. At that time New York was plagued by black and hispanic gangs. They cleaned up many of these areas and guess what the areas were rebuilt and people could live without fear.
Our economy is three years post recession and we are in a worse place than when we started. It is an easy choice this November and I am betting that Americans want the country to return to those ideals that kept us safe and strong for so long
Have you ever worked for a company for 25 years that was taken over by a corporate raider who closed the business and put 44,000 people out of work, out of healthcare, and out of a pension. This happened to me. A lot of these people were earning six figure incomes. How many of those 44,000 and their family members may have died because they couldn't afford healthcare?
When a vulture capitalist takes over a company like this, it's not just the employees and their families that suffer, but also the vendors and all the businesses that these employees frequented. It's doubtful that many of these former employees will be voting for Mitt Romney.
This ad that you speak of has yet to air or any TV station, only on the internet. I find the ad very powerful.
Criticizing Secretary Clinton for letting her hair down and enjoying herself after the remarkable job she has been doing for the past 3.5 years is beyond the pale.
Guest
08-11-2012, 04:08 PM
...vote Obama/Biden.
Guest
08-11-2012, 04:44 PM
Have you ever worked for a company for 25 years that was taken over by a corporate raider who closed the business and put 44,000 people out of work, out of healthcare, and out of a pension. This happened to me. A lot of these people were earning six figure incomes. How many of those 44,000 and their family members may have died because they couldn't afford healthcare?
When a vulture capitalist takes over a company like this, it's not just the employees and their families that suffer, but also the vendors and all the businesses that these employees frequented. It's doubtful that many of these former employees will be voting for Mitt Romney.
This ad that you speak of has yet to air or any TV station, only on the internet. I find the ad very powerful.
Criticizing Secretary Clinton for letting her hair down and enjoying herself after the remarkable job she has been doing for the past 3.5 years is beyond the pale.
Do YOU have any idea that when these companies are taken over they are ready to go away and need money at that point and money is poured in to try and save them....or didnt you know that ! sometimes it works and sometimes it doesnt !
I think you got a bit ahead of yourself on Ms Clinton. If what you stated was SAID OR HINTED AT, I would agree with you totally, but you changed what he said and meant in a very meaningful manner !
Guest
08-11-2012, 05:12 PM
...vote Obama/Biden.
Me too. :coolsmiley:
Guest
08-11-2012, 06:30 PM
...vote Obama/Biden.
It appears the vast majority agree with you ..........
Fox News poll: Obama's lead grows as Romney's support slips | Fox News (http://www.foxnews.com/politics/2012/08/09/fox-news-poll-obama-lead-grows-as-romney-support-slips/)
Guest
08-11-2012, 07:08 PM
This ad that you speak of has yet to air or any TV station, only on the internet. I find the ad very powerful.
Even though it's a total lie?
Wow.......:ohdear:
Guest
08-11-2012, 07:11 PM
Even though it's a total lie?
Wow.......:ohdear:
The US Supreme Court calls it "Free Speech".
Guest
08-11-2012, 07:17 PM
what some of us know is "corporate raiders" do not just take over a company on their own to close it.
It doesn't matter how long you worked there if you were not one of the officers of the company or a board member or a member of the "corporate raider" you do not know the real story.
But since we are in a good mood let's just assume you are correct. How does that specific instance allow you to make a general condemnation of a business most people have no idea how they do what they do and why they are there, brought in by who?
How many of these venture capitalists do you personally know of? About? How many businesses did they in fact close down and sell VS the businesses they fixed that kept more than 80% of their workforce and the company was worth more than when they started.
Some need to find a more valid reason to be negative about Romneys past participation as a venture capitalist.
btk
Guest
08-11-2012, 07:27 PM
The US Supreme Court calls it "Free Speech".
Sure...I know all about "Free Speech". I practice it on a daily basis.
I just find it very hard to understand how a seemingly intelligent person would find 60 seconds of complete falsehoods "powerful"...that's all.
Guest
08-11-2012, 07:39 PM
I would put Mitt Romney in the same vulture grouping as Carl Icahn and Frank Lorenzo. All became very rich at the expense of the working class.
Mitt is out of touch with middle America.
Guest
08-11-2012, 07:42 PM
Sure...I know all about "Free Speech". I practice it on a daily basis.
I just find it very hard to understand how a seemingly intelligent person would find 60 seconds of complete falsehoods "powerful"...that's all.
Rmoney and his pals bought this company - squeezed every last penny out of out - lined their pockets with millions of dollars - the company (that had been in business for over 100 years) was forced to declare bankruptcy - everyone lost their jobs - and insurance.
The events are well documented, if you wish to fill in the slimy details.
Guest
08-11-2012, 08:29 PM
HERE, after doing some checking and verifying are the SLIMY DETAILS as you refer to them.
After reading this does it not make all you folks proud of your President for allowing this kind of insinuation go over public airways !
This is despicably campaigning at best.
This is actually embarassing to think that the President would allow this and that folks on here area jumping on the bandwagon.
1993 Bain buys the GST mill.
At this time the steel industry was on its death bed unable to compete with foreign and this plant was dying. This plant at its best employed 4500 and by the late 80's was down to 1000. ARMCO who owned the plant had decided that they either sell it or close it down as it was antiquated and needed lots of work. ARMCO had no money to invest and thus in stepped Bain Bain and some other investors bought the plant for 80 million. They renamed it GS Tech and put another 100 million into moderenization Things go better for the company
1994 Things going so well they can pay a divedend
Late 1990s The late 1990s saw a new outpouring of cheap steel from elsewhere around the globe. The Asian financial crisis walloped the mining industry, cutting demand for GST products. The price of GST's electricity and natural gas skyrocketed. The union dug in, refusing to make concessions. By April 1997, it was on strike, shooting bottle rockets at guards. Labor costs spiked, and by 1999 GSI was reporting $53 million in net losses.
1999 (EARLY) Romney leaves Bain Capital
2001 GST Steel goes bankrupt
NOTE...At the time, GST’s union blamed the company’s bankruptcy on the political class, for failing to hamstring imports. “We can’t compete against the steel imports that are being sold under cost,” said the president of GST’s union in 2001. “Our pleas fell on deaf ears in the political arena.” The Bush administration would ultimately slap on giant tariffs.
The bankruptcies were led by unionized companies that, like airlines and textiles and Detroit, had negotiated pay and benefits that helped drive their employers under.
2006 The woman in the ad dies of cancer. Having had insurance from the day her husband was out of work until she died.
The company that this particular mill was under GS Industries, employed 3,500 and that the Kansas City plant (with 750 workers) was the only one shuttered. Other plants were bought and operate today. Nor does it mention Bain’s other steel investment in the early 1990s, in an Indiana start-up called Steel Dynamics. The firm touts innovative technology and a nonunion workforce. It today reports $6.3 billion in revenue—25 times what it claimed in its 1996 IPO—and employs 6,000.
"It features B.C. Huselton, a former vice president at the company, defending Bain's investment in GST Steel as more helpful than hurtful.
Huselton says he felt compelled to come forward in response to Democratic attacks: “I held my tongue while this was all going on, and I finally said, ‘I can’t take this anymore.’ We did a lot of good work there and somebody needs to know this.”
"Did it all work out? No. Did we make a difference? I think we made a big difference," he says. "There’s this vampire story that Bain comes in and shows its teeth and sucks the blood out of the operation. It was really entirely the opposite of that. We went looking for a blood donor."
Strassel: Vampire Capitalism? Please - WSJ.com (http://online.wsj.com/article/SB10001424052702303360504577410573651845802.html)
Timeline: GST Steel UPDATED | Fausta's Blog (http://faustasblog.com/2012/08/timeline-gst-steel/)
Mitt video defends GST Steel deal (Updated) - POLITICO.com (http://www.politico.com//blogs/burns-haberman/2012/06/mitt-video-defends-gst-steel-deal-127459.html)
PLEASE VALIDATE FOR US WHERE YOU GOT YOUR "SLIMY DETAILS" from and how they differ from mine.
Guest
08-11-2012, 10:10 PM
Your links at the bottom didn't translate in your "copy and pasting" to the thread you posted, and you might want to repost these links in your new GST tread.
I know you researched and wrote this excellent piece mostly for your own edification, but I don't know if I would have done all the same work to answer the poster who spurred it.
Nice bit of work, which should shut up the puppets on this, but sadly we know it won't.
Guest
08-11-2012, 10:44 PM
1999 (EARLY) Romney leaves Bain Capital <---- Stopped reading when I got to this part. That is when I was certain the entire posting was rubbish.
Unlike you, I will not attempt to paraphrase - instead you can choose to educate yourself - or not....
When did Romney leave Bain? (Updated) - POLITICO.com (http://www.politico.com/blogs/burns-haberman/2012/07/when-did-romney-leave-bain-128735.html)
It is pretty obvious why Rmoney refuses to release his returns.
Guest
08-12-2012, 06:45 AM
Sure...I know all about "Free Speech". I practice it on a daily basis.
I just find it very hard to understand how a seemingly intelligent person would find 60 seconds of complete falsehoods "powerful"...that's all.
Please explain what in the ad is a lie? Joe Soptik lost his job, his wife died of cancer. What is untrue in that ad?
Guest
08-12-2012, 06:57 AM
Please explain what in the ad is a lie? Joe Soptik lost his job, his wife died of cancer. What is untrue in that ad?
It has nothing to do with the presidential election whatsoever.
Bain capital rescued a company, kept them employed and afloat for years afterward. The as has nothing to do with the reality of the situation.
This mill was one part of a large company that Bain rescued that is alive and well because of Bain and employs thousands.
The woman spoken of has nothing to do with the company, nor has anything to do with having insurance or lack of
The man in the campaign has met and is on a working basis with the Obama campaign which they said was not true.
You can lie by omission and comission. This covers it all.
Guest
08-12-2012, 10:05 AM
Well you didn't build it, I did.
You know that Field of Dreams in Iowa well you didn't build it, I did
You know the Internet well Al Gore didn't build it, I did
You know that guy ,Osama bin Laden, that was was killed in Pakistan the Navy Seals didn't do it, I did
You know this guy that claims to have built Bain Capital, well he didn't build it I did....wait oops:oops:
Guest
08-12-2012, 11:04 AM
1999 (EARLY) Romney leaves Bain Capital <---- Stopped reading when I got to this part. That is when I was certain the entire posting was rubbish.
Unlike you, I will not attempt to paraphrase - instead you can choose to educate yourself - or not....
When did Romney leave Bain? (Updated) - POLITICO.com (http://www.politico.com/blogs/burns-haberman/2012/07/when-did-romney-leave-bain-128735.html)
It is pretty obvious why Rmoney refuses to release his returns.
Politico is lying, as any good left wing rag would, when speaking about this issue.
Politico knows darn well as confirmed by multiple sources that Romney left Bain management in '99 in any decision making capacity, but only held financial interests after that.
There a famous quote from Adolf Hitler's Mein Kampf that this constant drumming on Bain Capital brings to mind.
"But the most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly and with unflagging attention. It must confine itself to a few points and repeat them over and over. Here, as so often in this world, persistence is the first and most important requirement for success."
Hitler's minion, Dr. Goebbels, is credited with another applicable thought;
"Repeat a lie often enough and it will believed"
Guest
08-12-2012, 11:38 AM
Politico is lying, as any good left wing rag would, when speaking about this issue.
Politico knows darn well as confirmed by multiple sources that Romney left Bain management in '99 in any decision making capacity, but only held financial interests after that.
There a famous quote from Adolf Hitler's Mein Kampf that this constant drumming on Bain Capital brings to mind.
"But the most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly and with unflagging attention. It must confine itself to a few points and repeat them over and over. Here, as so often in this world, persistence is the first and most important requirement for success."
Hitler's minion, Dr. Goebbels, is credited with another applicable thought;
"Repeat a lie often enough and it will believed"
So why do documents filed with Securities and Exchange Commission after 1999 list Mitt Romney as Bain Capital's sole stockholder, Chairman of the Board, CEO, and President, and show that Romney earned at least $100,000 as a Bain Capital "executive" in 2001 and 2002? Hopefully, this is what the SEC is investigating and any charges could be felonious.
http://www.bostonglobe.com/opinion/editorials/2012/07/17/did-mitt-romney-approve-bain-capital-practices-after/telhzHOtinlrcyooJJwjhI/story.html
Guest
08-12-2012, 11:49 AM
So why do documents filed with Securities and Exchange Commission after 1999 list Mitt Romney as Bain Capital's sole stockholder, Chairman of the Board, CEO, and President, and show that Romney earned at least $100,000 as a Bain Capital "executive" in 2001 and 2002? Hopefully, this is what the SEC is investigating and any charges could be felonious.
Did Mitt Romney approve of Bain Capital’s practices after 1999? - Editorials - The Boston Globe (http://www.bostonglobe.com/opinion/editorials/2012/07/17/did-mitt-romney-approve-bain-capital-practices-after/telhzHOtinlrcyooJJwjhI/story.html)
1. The link you supplied is a blog and opnion piece and makes no mention of any impending or discussion of any "investigation" so surely would appreciate a link to validate this "investigation !
2. A search of the Securities and Exchange commisssion website shows no investigation or discussion of such...thus supplying the source would help since I like to deal with facts.
3. If you even google this, you will get nothing but left leaning bloggers on forums like this talking about it but no facts.
Guest
08-12-2012, 12:38 PM
Well you didn't build it, I did.
You know that Field of Dreams in Iowa well you didn't build it, I did
You know the Internet well Al Gore didn't build it, I did
You know that guy ,Osama bin Laden, that was was killed in Pakistan the Navy Seals didn't do it, I did
You know this guy that claims to have built Bain Capital, well he didn't build it I did....wait oops:oops:
You are a very accomplished individual.
Guest
08-12-2012, 12:43 PM
I said over and over and over again.....this dance is gonna be a drag. :icon_wink:
Guest
08-12-2012, 02:55 PM
1. The link you supplied is a blog and opnion piece and makes no mention of any impending or discussion of any "investigation" so surely would appreciate a link to validate this "investigation !
2. A search of the Securities and Exchange commisssion website shows no investigation or discussion of such...thus supplying the source would help since I like to deal with facts.
3. If you even google this, you will get nothing but left leaning bloggers on forums like this talking about it but no facts.
The truth doesn't matter to leftists, it's totally about the innuendo.
Thanks for the work in squashing the latest diversionary lies.
Guest
08-12-2012, 03:01 PM
The truth doesn't matter to leftists, it's totally about the innuendo.
Thanks for the work in squashing the latest diversionary lies.
You know what...so many of them come on here and just "say stuff" much of whichis just flat out false but it appears on one of "the select" websites or as I know they get these tweets during the day with the party line.
THEN.....all of them come on after and rave about it and they have no idea whatsoever of what they are talking about so I am just not going to let them just say stuff.
BUT, the frustrating thing is I do not think they care one iota. It is as if they were getting paid to insure that the company line is on here and never mind discussion on it or even if it is true...just say it !
These people will vote.....without a clue.
A poster a few days ago on a thread where the auto bailout came up DID NOT KNOW THAT THERE WAS AN ALTERNATIVE to the bail out. Did not even know that they could have gone bankrupt and been reorganized. The poster was under the impression if Obama had not bailed them out..they would all be out of work period !
Guest
08-12-2012, 03:24 PM
You know what...so many of them come on here and just "say stuff" much of whichis just flat out false but it appears on one of "the select" websites or as I know they get these tweets during the day with the party line.
THEN.....all of them come on after and rave about it and they have no idea whatsoever of what they are talking about so I am just not going to let them just say stuff.
BUT, the frustrating thing is I do not think they care one iota. It is as if they were getting paid to insure that the company line is on here and never mind discussion on it or even if it is true...just say it !
These people will vote.....without a clue.
A poster a few days ago on a thread where the auto bailout came up DID NOT KNOW THAT THERE WAS AN ALTERNATIVE to the bail out. Did not even know that they could have gone bankrupt and been reorganized. The poster was under the impression if Obama had not bailed them out..they would all be out of work period !
Exactly right. I posted during a past discussion on these auto company bailouts that it was to save the unions (reliable Democrat voters) and not so much the companies itself.
The companies would either have survived the reorganization or not. If they were able to work out a deal with the unions and cut back on their costs and reorganize their debt, they could survive, albeit maybe in a smaller footprint.
There is much success in the auto industry in this country, but it's mainly the non-union plants where this was so. These companies would have swiftly filled the vacuum created if GM or Chrysler had actually crashed and burned.
The decline of unionized labor is of great concern to Democrats in pure political concern.
My private feelings and lifetime support of private sector unions have nothing to do with the truth of my above statements.
Guest
08-12-2012, 03:53 PM
I really like the one poster who said something like if you google Romney and Bain Capital, the only things that show up will be from left leaning sources. That seems a little out there that all the sources showing Romney's term with Bain Capital are from left leaning sources.
That is sort of like saying a big chicken dinner is always from KFC with no other alternatives ever to be discussed.
Guest
08-12-2012, 04:02 PM
So why do documents filed with Securities and Exchange Commission after 1999 list Mitt Romney as Bain Capital's sole stockholder, Chairman of the Board, CEO, and President, and show that Romney earned at least $100,000 as a Bain Capital "executive" in 2001 and 2002? Hopefully, this is what the SEC is investigating and any charges could be felonious.
Did Mitt Romney approve of Bain Capital’s practices after 1999? - Editorials - The Boston Globe (http://www.bostonglobe.com/opinion/editorials/2012/07/17/did-mitt-romney-approve-bain-capital-practices-after/telhzHOtinlrcyooJJwjhI/story.html)
1. The link you supplied is a blog and opnion piece and makes no mention of any impending or discussion of any "investigation" so surely would appreciate a link to validate this "investigation !
2. A search of the Securities and Exchange commisssion website shows no investigation or discussion of such...thus supplying the source would help since I like to deal with facts.
3. If you even google this, you will get nothing but left leaning bloggers on forums like this talking about it but no facts.
The link I supplied is from a Boston Globe editorial. Do you think the Globe is making this stuff up? This is Mitt Romney's hometown newspaper, the town where he lived his whole adult life, where he raised his five sons, where he was deacon of his church, where he was the governor of the state. Why would they knowingly publish false information about Romney?
My post said that "hopefully", as in I hope, there would be an investigation. I never said there is an investigation. A knowledgeable poster said on another thread that what has been alleged that Romney did is worse than what Martha Stewart served time for doing.
This questionable activity is not to be confused with the investigation requested by three Congressmen to The Justice and Labor Departments involving Mitt Romney's 20 to 100 million dollar IRA. This could be the October surprise that people are expecting.
Guest
08-12-2012, 04:19 PM
The link I supplied is from a Boston Globe editorial. Do you think the Globe is making this stuff up? This is Mitt Romney's hometown newspaper, the town where he lived his whole adult life, where he raised his five sons, where he was deacon of his church, where he was the governor of the state. Why would they knowingly publish false information about Romney?
My post said that "hopefully", as in I hope, there would be an investigation. I never said there is an investigation. A knowledgeable poster said on another thread that what has been alleged that Romney did is worse than what Martha Stewart served time for doing.
This questionable activity is not to be confused with the investigation requested by three Congressmen to The Justice and Labor Departments involving Mitt Romney's 20 to 100 million dollar IRA. This could be the October surprise that people are expecting.
It was an opinion piece so YES I do think it was made up as it was the writers opinion who never said there WAS an investigation at all
You know, I am aware what you dont want is any advice but here is some.....if you REALLY care about the country, no matter your party affliation, if you REALLY care then start investigating the issues and not the people. If you are interested in simply destroying people, then have a go. You will not find any dirt on Romney no matter how hard you and others want to scream about it.
Start concentrating on the issues facing the country....this destruction of people is well beneath any of us in my opinion and your effort to do so is just so ineffective. If your values are of votes instead of actual values, that I suppose is your right...go to it but at least begin to stick with facts.
I, for one, am sick of the ads, etc. It is so much an anchor on this country to have this stuff going on. Just discuss issues
This is what you said "Hopefully, this is what the SEC is investigating and any charges could be felonious." All good Obamites practice the art of insinuation and implication....a lot easier than facts ! See,the word IS implies that there is an investigation which you knew not to be the case !
Guest
08-12-2012, 04:23 PM
It was an opinion piece so YES I do think it was made up as it was the writers opinion who never said there WAS an investigation at all
You know, I am aware what you dont want is any advice but here is some.....if you REALLY care about the country, no matter your party affliation, if you REALLY care then start investigating the issues and not the people. If you are interested in simply destroying people, then have a go. You will not find any dirt on Romney no matter how hard you and others want to scream about it.
Start concentrating on the issues facing the country....this destruction of people is well beneath any of us in my opinion and your effort to do so is just so ineffective. If your values are of votes instead of actual values, that I suppose is your right...go to it but at least begin to stick with facts.
I, for one, am sick of the ads, etc. It is so much an anchor on this country to have this stuff going on. Just discuss issues
This is what you said "Hopefully, this is what the SEC is investigating and any charges could be felonious." All good Obamites practice the art of insinuation and implication....a lot easier than facts ! See,the word IS implies that there is an investigation which you knew not to be the case !
I don't know it's not the case, and neither do you.
Guest
08-12-2012, 04:24 PM
I really like the one poster who said something like if you google Romney and Bain Capital, the only things that show up will be from left leaning sources. That seems a little out there that all the sources showing Romney's term with Bain Capital are from left leaning sources.
That is sort of like saying a big chicken dinner is always from KFC with no other alternatives ever to be discussed.
You are losing it...you cannot even come on here and be a wise guy without screwing it up.....you know that you took this out of context, but then again perhaps not......
IN CONTEXT....in showing there was NO investigation...
"
Quote:
Originally Posted by janmcn View Post
So why do documents filed with Securities and Exchange Commission after 1999 list Mitt Romney as Bain Capital's sole stockholder, Chairman of the Board, CEO, and President, and show that Romney earned at least $100,000 as a Bain Capital "executive" in 2001 and 2002? Hopefully, this is what the SEC is investigating and any charges could be felonious.
Did Mitt Romney approve of Bain Capital’s practices after 1999? - Editorials - The Boston Globe
1. The link you supplied is a blog and opnion piece and makes no mention of any impending or discussion of any "investigation" so surely would appreciate a link to validate this "investigation !
2. A search of the Securities and Exchange commisssion website shows no investigation or discussion of such...thus supplying the source would help since I like to deal with facts.
3. If you even google this, you will get nothing but left leaning bloggers on forums like this talking about it but no facts.
Edit/Delete Message
Next time you want to make fun, insure that you read the entire thing !
you even left out the last part of my sentence where I said "no facts"....geez
Guest
08-12-2012, 04:28 PM
You are a very accomplished individual.
Hi Daleman....Yea but i can't catch walleye like you:pepper2:
Guest
08-12-2012, 04:31 PM
The link I supplied is from a Boston Globe editorial. Do you think the Globe is making this stuff up? This is Mitt Romney's hometown newspaper, the town where he lived his whole adult life, where he raised his five sons, where he was deacon of his church, where he was the governor of the state. Why would they knowingly publish false information about Romney?
My post said that "hopefully", as in I hope, there would be an investigation. I never said there is an investigation. A knowledgeable poster said on another thread that what has been alleged that Romney did is worse than what Martha Stewart served time for doing.
This questionable activity is not to be confused with the investigation requested by three Congressmen to The Justice and Labor Departments involving Mitt Romney's 20 to 100 million dollar IRA. This could be the October surprise that people are expecting.
Nowhere in this "editorial" from the decidedly left leaning Boston Globe does it allude to any decision making activity of Mitt Romney. They allege company ties and Romney does not dispute his financial interest in the company. He merely states that he left active participation of the company's dealing when he went on the save the Salt Lake City Olympics.
Your link does not disprove his statements.
Guest
08-12-2012, 04:40 PM
HERE, after doing some checking and verifying are the SLIMY DETAILS as you refer to them.
After reading this does it not make all you folks proud of your President for allowing this kind of insinuation go over public airways !
This is despicably campaigning at best.
This is actually embarassing to think that the President would allow this and that folks on here area jumping on the bandwagon.
1993 Bain buys the GST mill.
At this time the steel industry was on its death bed unable to compete with foreign and this plant was dying. This plant at its best employed 4500 and by the late 80's was down to 1000. ARMCO who owned the plant had decided that they either sell it or close it down as it was antiquated and needed lots of work. ARMCO had no money to invest and thus in stepped Bain Bain and some other investors bought the plant for 80 million. They renamed it GS Tech and put another 100 million into moderenization Things go better for the company
1994 Things going so well they can pay a divedend
Late 1990s The late 1990s saw a new outpouring of cheap steel from elsewhere around the globe. The Asian financial crisis walloped the mining industry, cutting demand for GST products. The price of GST's electricity and natural gas skyrocketed. The union dug in, refusing to make concessions. By April 1997, it was on strike, shooting bottle rockets at guards. Labor costs spiked, and by 1999 GSI was reporting $53 million in net losses.
1999 (EARLY) Romney leaves Bain Capital
2001 GST Steel goes bankrupt
NOTE...At the time, GST’s union blamed the company’s bankruptcy on the political class, for failing to hamstring imports. “We can’t compete against the steel imports that are being sold under cost,” said the president of GST’s union in 2001. “Our pleas fell on deaf ears in the political arena.” The Bush administration would ultimately slap on giant tariffs.
The bankruptcies were led by unionized companies that, like airlines and textiles and Detroit, had negotiated pay and benefits that helped drive their employers under.
2006 The woman in the ad dies of cancer. Having had insurance from the day her husband was out of work until she died.
The company that this particular mill was under GS Industries, employed 3,500 and that the Kansas City plant (with 750 workers) was the only one shuttered. Other plants were bought and operate today. Nor does it mention Bain’s other steel investment in the early 1990s, in an Indiana start-up called Steel Dynamics. The firm touts innovative technology and a nonunion workforce. It today reports $6.3 billion in revenue—25 times what it claimed in its 1996 IPO—and employs 6,000.
"It features B.C. Huselton, a former vice president at the company, defending Bain's investment in GST Steel as more helpful than hurtful.
Huselton says he felt compelled to come forward in response to Democratic attacks: “I held my tongue while this was all going on, and I finally said, ‘I can’t take this anymore.’ We did a lot of good work there and somebody needs to know this.”
"Did it all work out? No. Did we make a difference? I think we made a big difference," he says. "There’s this vampire story that Bain comes in and shows its teeth and sucks the blood out of the operation. It was really entirely the opposite of that. We went looking for a blood donor."
Strassel: Vampire Capitalism? Please - WSJ.com (http://online.wsj.com/article/SB10001424052702303360504577410573651845802.html)
Timeline: GST Steel UPDATED | Fausta's Blog (http://faustasblog.com/2012/08/timeline-gst-steel/)
Mitt video defends GST Steel deal (Updated) - POLITICO.com (http://www.politico.com//blogs/burns-haberman/2012/06/mitt-video-defends-gst-steel-deal-127459.html)
PLEASE VALIDATE FOR US WHERE YOU GOT YOUR "SLIMY DETAILS" from and how they differ from mine.
This same scenario took place in a plant I workd while attending college nights back in the day. It was a union shop steelworkers and they would not budge an inch. The plant shut down union people lost their jobs and the plant via a venure company moved to greener pastures this despite the fact that management explained it was a cash flow issue and tha until they could get back up and running they needed some relief .
By the way the Japanese built a steel plant right near this plant paid people well even though it was non-union and to this day it is a thriving business
I wonder just how many similar stories are out there like this one and yours.so before I listen and or agree with all these heartless Bain Capital stories I want to see the details because so many of them don't pass the smell test, except of course unless your a liberal and believe money arrives out of nowhere :ohdear:
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