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Do You Honestly Believe that "Bain Capital" COULD Be Romney's "Waterloo" in the Upcoming Election?

Sissy 2012/05/22 14:23:23
The more we learn, the less we respect his own particular brand of "Venture Capitalism".
Its not going to matter in the least
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A simple question here. One of Romney's so-called strong points has been his vast business experience. But much is coming out about how he acquired his vast wealth and there are many questions arising just how "experienced" he is.

What do you truly think?
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  • Lady Whitewolf 2012/05/22 14:37:13
    The more we learn, the less we respect his own particular brand of "Venture C...
    Lady Whitewolf
    +5
    Romney:

    OF the 1%
    BY the 1%
    FOR the 1%

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  • Keeping It Real 2012/07/07 14:36:59
    The more we learn, the less we respect his own particular brand of "Venture C...
    Keeping It Real
    +1
    Especially if the President keep hammering him on it in a way that's relatable to the average Joe bloe!
  • Stryder 2012/05/30 11:30:10
    Its not going to matter in the least
    Stryder
    Bain Capitol has an 80% success rate on the companies it rescues. No problem at all.
  • Sissy Stryder 2012/07/18 13:32:00
    Sissy
    Au contraire, very little rescue, a lot of money made for a very few.
  • Stryder Sissy 2012/07/18 23:22:05
    Stryder
    Want a list?
  • Sissy Stryder 2012/07/22 11:23:00
    Sissy
    I've seen one... Only verifies what has already been said.
  • relic 2012/05/30 02:25:15 (edited)
    None of the above
    relic
    +1
    The more you learn about Bain Capital, the more respect you have for Romney's business acumen.
  • Sissy relic 2012/05/30 12:08:22
    Sissy
    When your only goal in business is to make yourself wealthy as well as a small group of investors then yes, he's been extraordinarily successful. If your answer to a companies "problems are to merely let it go bankrupt without attempting to save it he can take credit for that too. If you don't have a clue about the working stiff out here, regardless if your a republican lunch pail carrier or Dem, then he definitely should have all the "respect" in the world. I just happen to be one of those who believes he and Bain were nothing short of vultures preying on the weak, selling off the strong and walking away with a boatload of cash. Not a very solid ideology for a healthy country's economy.
  • relic Sissy 2012/05/30 12:13:29
    relic
    That is the most uninformed argument I've ever been given. Is that really how you think? Sad.
  • Sissy relic 2012/06/04 12:40:32
    Sissy
    Just the facts sir, just the facts.
    http://www.nytimes.com/2007/0...
  • Stryder Sissy 2012/07/18 23:22:57
    Stryder
    Isn't it everyone's goal in business to make themselves wealthy? Maybe not in bizarro world. But in the real world it is.
  • Shayes 2012/05/30 01:15:47
    None of the above
    Shayes
    Below is a list of companies saved/ helped by Romney & Bain Capital:

    1.) Staples
    2.)Sport's Authority
    3.) Domino's
    4.) KB Stores
    5.) Bright Horizons

    Update to the above list: Dated 5/29/2012

    6.) LinkedIn
    7.) 1-800 Dentist
    8.) iPay Technologies
    9.) Shopping.com
    10.) Vonage
    11.) Square Trade
    12.) Experian Corporation

    ...AND THE ABOVE ARE JUST SOME OF THE COMPANIES I'VE EITHER HEARD OF OR HAS DONE BUSINESS WITH.



    This list will be updated as my research time will allow. Meanwhile, you're welcome to visit Bain Capital for yourself. Here are a few vital links:

    http://www.baincapitalventure...

    http://www.baincapitalventure...
  • Bilingual required sucks 2012/05/22 21:41:23
    The more we learn, the less we respect his own particular brand of "Venture C...
    Bilingual required sucks
    +1
    Robber Baron Mit will never see the inside of that White House.
  • Michaelene 2012/05/22 18:57:05
    Its not going to matter in the least
    Michaelene
    We have two candidates who are rich, out of touch with the common man and both are wall st capitalists.

    Obama has already proven to be a poor leader, by example and in Congress. Our nation is more divided than ever and our economy is headed for the double dip. Obama bailed out companies who afterward went into bankruptcy anyway, while frightening away much needed investors (they're still scared to invest) Obama "wants people angry, he's angry too"

    Romney has spread a positive and uniting message for America. He has plans for reform, no one talks about that where you get your information. He has helped companies who could not survie on their own to make a big comeback. He led a states ue numbers to decrease, and reduced their debt. He gave away his inheritance to charity and is still giving today, much more than most.

    I love his Day One new ad.
  • Sissy Michaelene 2012/05/23 12:37:32
    Sissy
    Comparing the wealth of Romney and Obama is comparing apples to oranges. President Obama has said that he doesn't need the tax breaks, Romney wants to give more to those who also don't need it. Romney was born into wealth and never had the struggles of a minority or being raised by grandparents or a sometimes single mother, Romney shows contempt for the President with a Harvard degree while he holds two from the same institution. Romney has shown he has no core values and will say anything that is expedient to his quest for the nomination. Romney said himself that he "does not care about the poor" and this President has worked non-stop and much to the Right's chargrin to address the horrific mess he inherited.

    The two don't even come close.
  • Michaelene Sissy 2012/05/23 13:40:00
    Michaelene
    Why not compare the wealth of the Clintons, Kenedy's or Kerry?
    Their wealth is none of my business. I am happy for all wealthy Americans.

    Romney dosen't like his alma matter? neither do I, but that's news to me. Obama hides his records, Romney is an open book.

    Core values?
    Obama told us much about his core values and then has been caught repeatedly telling groups of opposing core values that he agrees with them. Liar.

    Quoting without context is a progressive thing, Romney said he WILL save the safety net for our poor!
    What has Obama done for the poor? He gave them an extension of the Bush tax cuts and added the "payroll taxcut" which is rapidly defunding the social safety nets of SS and Med. More welfare and still 5,000,000 less jobs than day 1.

    Listen to him and his BS "Jobs Council" laugh!
  • Tedster 2012/05/22 17:46:46
    The more we learn, the less we respect his own particular brand of "Venture C...
    Tedster
    +2
    We can only hope it is his Waterloo. Besides, just how does wrecking companies all to make a buck for his 1% buddies prepare him in any way to become the President and do what's best for the majority of Americans? Answer? It doesn't.
  • Sissy Tedster 2012/05/22 18:33:40
    Sissy
    Not only that, but to want to give even more to that 1% than they've already gotten?
  • twocrows 2012/05/22 17:44:25 (edited)
    The more we learn, the less we respect his own particular brand of "Venture C...
    twocrows
    +4
    pick your poison:
    the moderates will vote against him based on his history with Bain.
    the Tea Partiers will vote against him based on his history as the governor of Massachusetts.

    I guess that leaves his immediate family to vote for him, hmmmmmm?

    well, them and the Obama-haters. oh, yeah, the Tea Partiers - - there are those who will forgive him Massachusetts based on one immutable fact: he's not Obama. I forgot about that part of the mix. silly me. so yes, even given his history, he WILL get more than a dozen votes.
  • Q 2012/05/22 16:29:08
    The more we learn, the less we respect his own particular brand of "Venture C...
    Q
    +2
    I don't know if I'd call it his Waterloo but the more we hear about his time with Bain Capital the more it shoots holes in his faux narrative he's been pushing claiming that he knows how to create jobs because of his business experience.

    Pretty damning stuff...no doubt about it, the only questions is will the moderate/independant voters take a serious look at the details of how he conducted business while at Bain Capital? If so he's screwed come November. bain capital gif
  • Sissy Q 2012/05/22 16:33:34
    Sissy
    +1
    I agree "Q". But that's the one thing that Willard was banking on. (No puns intended). He knew they were going to get him on his phony hypocrisy, flip-flopping, his "severely conservatism", but since the economy is his "bag" supposedly, he and his campaign thought it would be a slam-dunk, until his history with Bain was vetted more. I don't think we've seen half of it yet.
  • Q Sissy 2012/05/22 16:39:34
    Q
    +1
    Yep, the president recently stated that they've only just begun with this campaign strategy, unleash the hounds Mr. president!
  • Charge 2012/05/22 15:39:37
    None of the above
    Charge
    +3
    The more we learn the more we see that the Progressive Liberals are distorting the truth, lying and giving totally out of context (time line) information simply aimed at demeaning Romney. This is just more Liberal propaganda..... even prominent Democrats have said the stories are inaccurate, repulsive and nauseating. This is all Obama has to run on, vilify the opponent, he has no record of his own to talk about.
  • Sissy Charge 2012/05/22 16:13:53
    Sissy
    +2
    The thing is Charge, and no matter how hard you try to say otherwise, it is not "propaganda" that Romney and his group made a lot of money by carefully buying and selling off businesses and regardless of the consequences to the health of the business itself, walked off with a lot of money. Forcing healthy companies into bankruptcy, shipping jobs off shore, selling the profitable parts, laying off middle class workers who were making a decent wage that supported their families are facts and Mitt admits it. His thought that Detroit should simply go bankrupt speaks to his "business" thinking and not any of this is distortions or mis-information.
  • Q Sissy 2012/05/22 16:34:19
    Q
    +1
    Don't forget sticking the US taxpayers for the underfunded pensions of the companies Bain Capital forced into bankruptcy.

    Bain Capital sticks us govt with pension funds Bain Capital sticks us govt with pension funds
  • Charge Sissy 2012/05/22 17:28:27
    Charge
    +1
    Most of what you are saying is a bald-faced lie. Now Bain did make a lot of money, that's their job as a venture capital firm. They did NOT buy healthy companies and force them into bankruptcy, simply noy true. Detroit DID go bankrupt, Obama forced bankruptcy prior to giving the money to GM... don't you read anything or just listen to Liberal BS. Bain capital is one of the most successful venture capital firms in the country with an over 80% success rate... I know the LWNJ are trying to paint venture capital as a bad thing but it is not, many states have $billions of venture capital keeping otherwise failing companies from going out of business. All this crap is is Obama desperately grabing at whatever he can to paint Romney in a negative light because Obama can't run on his record.... step back and look at what is being done. Please read this...

    Barack Obama released a new video ad featuring former workers of GST Steel of Kansas City who lost their jobs because of Mitt Romney’s work at Bain Capital — at least according to Obama that’s why they lost their jobs. Unfortunately for team Obama, the truth seems to argue against his campaign lies.
    The ad is full of lament about GST workers having lost their jobs, sympathy that is most certainly warranted. But the ad goes on to call R...









    Most of what you are saying is a bald-faced lie. Now Bain did make a lot of money, that's their job as a venture capital firm. They did NOT buy healthy companies and force them into bankruptcy, simply noy true. Detroit DID go bankrupt, Obama forced bankruptcy prior to giving the money to GM... don't you read anything or just listen to Liberal BS. Bain capital is one of the most successful venture capital firms in the country with an over 80% success rate... I know the LWNJ are trying to paint venture capital as a bad thing but it is not, many states have $billions of venture capital keeping otherwise failing companies from going out of business. All this crap is is Obama desperately grabing at whatever he can to paint Romney in a negative light because Obama can't run on his record.... step back and look at what is being done. Please read this...

    Barack Obama released a new video ad featuring former workers of GST Steel of Kansas City who lost their jobs because of Mitt Romney’s work at Bain Capital — at least according to Obama that’s why they lost their jobs. Unfortunately for team Obama, the truth seems to argue against his campaign lies.
    The ad is full of lament about GST workers having lost their jobs, sympathy that is most certainly warranted. But the ad goes on to call Romney an “economic vampire” over the layoffs. Union member Jack Cobb, one of the workers in the ad, says for instance, “It was like a vampire. They came in and sucked the life out of us.”
    The ad goes on to blame Mitt Romney and Bain Capital for that vampirism.
    But there are quite a few problems with all these hoary claims of the evils of Bain Capital. First of all is the fact that every voice in this video is that of a union thug. Most especially a man noted as the lead union negotiator, David Foster. Does anyone think a unionista will tell the truth about what went on with a company they spent decades extorting?
    It is never noted in the Obama ad that GST Steel had troubles long, long before Bain Capital bought the company. In fact that Bain bought them in the first place is an obvious indicator that the company was in financial trouble. After all, that is what Bain did, buy troubled companies and try to turn them around or shut them down if that proves impossible.
    Along those lines, a former GST worker told the National Review, the unions were the ones bleeding GST dry, not Bain.
    It should be well known by now that when a legacy manufacturer (like steel manufacturers, car companies, etc.) goes under one of the biggest reasons is because unions have for decades raped the company to death.
    But there is another major problem with linking the end of GST to Mitt Romney’s work with Bain. Romney wasn’t with Bain when GST went down. Romney had left Bain Capital in 1999, two years before GST’s 2001 collapse.
    But there was at least one guy linked to today’s political landscape that was still at Bain when GST went down the tubes. Obama donor and a Bain managing director Jonathan Levine was working at Bain when GST went belly up.
    So, the only person that worked for Bain when GST died was an Obama bundler that raised over $100,000 for Obama.
    Curiously enough, that fact wasn’t in the Obama ad video, either.
    Then there’s this. Even former Obama economic adviser Steve Rattner thinks the ad is “unfair.”
    (more)
  • Sissy Charge 2012/05/22 18:37:45
    Sissy
    Distortions, lies, lack of facts, mis-information seems to run rampant in the conservative party. I'm simply not getting into a pissing match with you over what has been proven au nausium, but just like you don't believe where the President was born, that he is not a terrorist or hates America because you will not look at facts other than what you want to believe, there is no use. I am always willing to learn new information, discuss with civility and respect.

    I just don't cotton too well to arrogant, condescending jerks who are unable to do so. That's the beneft of being around in the world as long. You don't have to do what you find useless anymore.
  • Charge Sissy 2012/05/23 01:18:54
    Charge
    I give you facts and You give me blather, is that Your idea of debate?
    P.S. I did not say anything about Obama's place of birth, if he was a terrorist or if he Hates America.... You or anyone else has NO right to put words in my mouth; I didn't do it to You, Don't do it to me.
    If You can't argue against facts fine, but stop the Progressive Liberal tirade and whining.
    You didn't address any facts I have to You, guess that is an indication of Your answer... nothing.
  • Tedster Charge 2012/05/22 17:42:31
    Tedster
    +1
    No one's said that what the Dems have said about Romney has been repulsive. And spkg of taking things out of context as you just did multiple times and as Romney's done against Obama which you you failed to mention, Corey Booker said what was nauseating was what BOTH SIDES were doing, not just the Dems. NIce job of distorting the truth with YOUR propaganda.
  • Charge Tedster 2012/05/22 17:54:56
    Charge
    Twist it anyway You want, this is pure lying character assassination by the failing Progressive Liberals... straight from Saul Alinsky's "Rules from Radicals"....
    I didn't attribute the nauseating to Cory Booker, just that it has been said; however he did say it referred to the "proposed" Rev Wright attack which never happened....
    That was not taken out of context at all; where else do You think I took the poor lying Dem's out of context?
  • Roger47 2012/05/22 15:08:17
    The more we learn, the less we respect his own particular brand of "Venture C...
    Roger47
    +2
    It should be. Bain had two parts. The one Romney ran was the side that looted and dumped.
  • Schläue~© 2012/05/22 15:02:22
    None of the above
    Schläue~©
    +2
    What Romney did at Bain is EXACTLY what we need nationwide to get people back to work. The goobermint doesn't supply a single job that boosts the economy, quite the opposite, and it's private enterprise backed by investor's $$ that are willing to take the risks with their own money.... NOT TAXPAYER FUNDS.

    Loosen the business regs and ridiculous EPA red-tape and investors will be falling all over themselves to put their $$ into American corporations, small start ups and get this nation back on her feet.
  • Sissy Schläue~© 2012/05/22 15:23:55
    Sissy
    +3
    "What Romney did" does not come close to getting people back to work, unless you factor in jobs like clerking at Staples or delivering pizza's. Those jobs don't support the employee let alone a whole family. Those kinds of jobs he either eliminated in his buyouts or shipped off shore. How is that EXACTLY what we need?

    Yeah, right, "lessen" those pesky rules that have allowed Wall Street to take us to our knees without accountability or oversight to the tune of $720 billion tax payer dollars and who needs clean water and air?
  • Schläue~© Sissy 2012/05/22 16:21:09
  • Sissy Schläue~© 2012/05/22 16:30:09
    Sissy
    +3
    And you cherry pick who was responsible for the fall-out in the financial market. The Wall Street barons, including Jamie Damion of the latest debacle worked hard to water down if not totally decimate Frank/Dodd. Were you as chargrined at the financial mess that was made as you are of initiatives taken to help Main Street? Most likely not.

    You bitch about this President not getting enough jobs back when the Shrub was losing them at 750,000 a month leading up to the innauguration? The gawd-awful mess this President was handed with absolutely no support from the Pubs who were largely responsible for it, was supposed to be cleaned up in just a few months when it took years to make it? Give me a break. The trouble is, you guys wouldn't know a true leader if one came up and bit you in the butt. If you want to return to the same utter failures of the past, policies and decisions that failed in every way possible, then Romney's your man, but he sure isn't mine.
  • Schläue~© Sissy 2012/05/22 16:52:05
    Schläue~©
    I wasn't for any of the bail-outs and many of the banks didn't want the $$ either.
    But too many in Congress thought it was a good idea and some were screaming it was the only solution.
    Bush had control over the first $350 Billion and 0bozo had control over the second half.

    Obie tried to put his own rules and regulations in, and the banks turned around and paid back th funds way ahead of schedule, which really pissed him off.
    So far, TARP is the ONLY thing that taxpayers have been paid back on, with interest and AIG seems to be the holdout.

    Of course, GM got a side-loan out of those funds and still owes $24Billion and Fannie & Freddie haven't paid back a dime out of the Billions they got because that was under a different program.

    You have to go back to Johnson to see where the seeds for the housing market crash were planted. He's the one who converted Fannie Mae into a publicly traded entity and got them off the Fed. Govt. ledger. Then he created Freddie Mac so Fannie wouldn't become a monopoly that was too big to fail. That worked out sweet... now didn't it?

    Carter added some water and Clinton fertilized it with their CRA's which forced the neighborhood banks to lower their proven lending standards. The bad paper was bundled with the good and Wha-La..... guess where the loans wound...
    &



    I wasn't for any of the bail-outs and many of the banks didn't want the $$ either.
    But too many in Congress thought it was a good idea and some were screaming it was the only solution.
    Bush had control over the first $350 Billion and 0bozo had control over the second half.

    Obie tried to put his own rules and regulations in, and the banks turned around and paid back th funds way ahead of schedule, which really pissed him off.
    So far, TARP is the ONLY thing that taxpayers have been paid back on, with interest and AIG seems to be the holdout.

    Of course, GM got a side-loan out of those funds and still owes $24Billion and Fannie & Freddie haven't paid back a dime out of the Billions they got because that was under a different program.

    You have to go back to Johnson to see where the seeds for the housing market crash were planted. He's the one who converted Fannie Mae into a publicly traded entity and got them off the Fed. Govt. ledger. Then he created Freddie Mac so Fannie wouldn't become a monopoly that was too big to fail. That worked out sweet... now didn't it?

    Carter added some water and Clinton fertilized it with their CRA's which forced the neighborhood banks to lower their proven lending standards. The bad paper was bundled with the good and Wha-La..... guess where the loans wound up? Just where they were designed to.
    F&F went from holding 24% of all mortgages to over 74%. How did that happen?

    Do you research this stuff at all, or just parrot what you hear from the lame stream media?

    btw.... Goldman Sachs and J.P. Morgan Stanley were 0bozo's two top contributors in 2008........ record breaking amounts..... FYI.
    (more)
  • luvguins 2012/05/22 14:58:59
    The more we learn, the less we respect his own particular brand of "Venture C...
    luvguins
    +3
    It sure worked for Ted Kennedy when he used it to defeat Romney's Senate bid in MA. That was when Romney ran saying that he was more left on issues than Kennedy...LOL. Back in the days when the flip flopping Ken doll was pro-choice, and pro-gay. Vulture, er Venture Capitalism is all about profit, and not about job creation. It loots marginal companies with hefty fees, lays off workers, co-opts their pensions, and puts them further in debt until they go bankrupt. It leaves Bain rich, and taxpayers making good on the lost pensions paid back by the government. Job creating business man Romney is not, and the jobs he says he created has changed from 2008 when it was 10,000 to 100,000 now. He is not saying how many jobs went overseas either.
  • Schläue~© luvguins 2012/05/22 15:08:27
  • luvguins Schläue~© 2012/05/22 15:11:04
    luvguins
    +3
    He beat Romney handily. No revision there, stooge.
  • Schläue~© luvguins 2012/05/22 15:20:45
    Schläue~©
    +1
    For the reason's I stated above, nothing to do with Bain.
    It sure didn't make a difference when those same people elected him to be their Governor.

    Must have been short-term memory loss.... huh?


    HaHahaha
  • luvguins Schläue~© 2012/05/22 15:25:51
    luvguins
    +3
    That was their mistake as he was a lousy governor putting MA 47th in job creation and even sending a state call center to India. Don't hear him talking much about his tenure as governor or Romneycare do you? HAHAHAHA!

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