Romney investments -vs- Obama investments

redrumloa

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I am NOT a Romney fan or Obama fan, but this is true.

Romney+vs+Obama+investments.jpg
 
Romney's Bain Capital bankrupted companies too - but unlike Obama, Romney made money by bankrupting companies. Instead of putting in their own money to start companies and create jobs, they put borrowed money into running companies with decent cash flows then let those companies pay back the debt while Romney and Bain paid themselves fat fees for doing this - after which a number of the companies folded laying off the people who worked there.

That is to say - the problem with you graphic is that it's pretty much a lie. It does not mention all the jobs Bain destroyed while making those billions for Bain - and not for the people who needed jobs.

As for the start-ups that failed, you will find that most do. That's one reason Bain doesn't go after start-ups. They don't have any wealth to extract. Bain is not a midwife, it's a vampire.
 
Running companies into the ground didn't stop Republicans from voting for Bush, so why are they making this an issue?
 
"FluffyMcDeath, post: 54634, member: 26"]Romney's Bain Capital bankrupted companies too - but unlike Obama, Romney made money by bankrupting companies. Instead of putting in their own money to start companies and create jobs, they put borrowed money into running companies with decent cash flows then let those companies pay back the debt while Romney and Bain paid themselves fat fees for doing this - after which a number of the companies folded laying off the people who worked there.

That is true.

That is to say - the problem with you graphic is that it's pretty much a lie. It does not mention all the jobs Bain destroyed while making those billions for Bain - and not for the people who needed jobs.

As for the start-ups that failed, you will find that most do. That's one reason Bain doesn't go after start-ups. They don't have any wealth to extract. Bain is not a midwife, it's a vampire.

I don't like Romney or Bain, but they made money at their investments. Obama OTOH threw trillions OF TAX PAYER DOLLARS at companies as kickbacks for his buddies. Of course these startups failed! It was never about the company surviving in the first place. It was about scratching the backs of his buddies in a way unprecedented in US history.
 
@Red,
Several of these were kicked off under Bush but finalized under Obama. Soylendra is one such example.
 
The Bush administration found too many red flags in Soylendra, Obama specifically ignored the red flags. This is pretty well documented.
 
I don't like Romney or Bain, but they made money at their investments.
But Romney made money the same way Solyndra did - government hand outs. Just think how much easier it will be for Romney to give government handouts to himself and his friends if he IS the government. He's not going to suddenly switch sides and make money for the people just because he's president. He'll keep on doing the same thing he always has - raid pile piles of cash wherever they may be found and take them for himself and his cronies. Putting him in the White House would just give him the keys to the big pile of money in the US treasury.
 
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