After months of pandering to social conservatives, Mitt Romney is finally playing to his strength, emphasizing his business and chief executive experience. “I know how America works because I spent my life in the real economy,†Romney says in a new campaign commercial. Too bad the former Massachusetts governor and venture capitalist didn’t focus on the economy from the start; he wouldn’t be viewed as such a flip-flopper.
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129 Comments
He knows how to make money and IF he got to be President, he’d still know how to make himself some money. He’d have the power to try and gear legislation towards himself and HIS cronies. Just like our old pal Bushco.
Corporate raider Romney made his fortune “saving” companies.
You know. Swooping in and firing two thirds of the work force and working the remaining workers to death?
If you have in some way enjoyed the last seven years of the the rich getting richer on your backs and at any cost? Willard Romney would be your guy.
As an added benefit, after he works you to death, Romney will be happy to baptize your dead body into his church. Whether you like it or not.
“Too bad the former Massachusetts governor and venture capitalist didn’t focus on the economy from the start; he wouldn’t be viewed as such a flip-flopper.”
————
Sigh… Phillip, what does changing campaign focus have to do with being viewed as a flip flopper? Nothing.
There reasons that Romney is accused of flip flopping, but changing focus with current events is not one of them. As far as I am concerned, it is current positions that matter most.
For instance, I used be a Democrat when I was a young adult. Reagan helped change that. Romney hasn’t changed back and forth. His change in position on abortion appears to be a legitimate evolution in his views.
With his executive experience, business sense, and governing experience, Romney is more qualified on economic issues than anyone in the race.
And being personally successful, Romney can’t be bought.
Venture capital is a type of private equity capital typically provided by professional, outside investors to new, growth businesses. Generally made as cash in exchange for shares in the invested company, venture capital investments are usually high risk, but offer the potential for above-average returns. A venture capitalist (VC) is a person who makes such investments. A venture capital fund is a pooled investment vehicle (often a limited partnership) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. Venture capital can also include managerial and technical expertise. Most venture capital comes from a group of wealthy investors, investment banks and other financial institutions that pool such investments or partnerships. This form of raising capital is popular among new companies, or ventures, with limited operating history, who cannot raise funds through a debt issue. The downside for entrepreneurs is that venture capitalists usually get a say in company decisions, in addition to a portion of the equity.
With his executive experience, business sense, and governing experience, Romney is more qualified on economic issues than anyone in the race.
And being personally successful, Romney can’t be bought
On that we will differ my friend, My candidate could well teach your candidate a thing or two on economic and Financial structure. While yours may see a future in failure, my see a future in strong growth and a stable dollar. But then you might have already known all this…
We cannot have a stable dollar with the fouled up foreign policy. He has already stated that he will change nothing about that. He will make much more money off of all of us little slaves. Good for him, he’s made it, but that doesn’t mean he gives a shit if you do.
“And being personally successful, Romney can’t be bought.”
No, Romney just wants to buy the Presidency.
I really hope America is not that far gone.
Excuse me, folks, look at reality.
What was the net worth of the Clintons, BEFORE they went to the White House?
What is the net worth of the Clintons, NOW?
Bill and Hillary have become very, very wealthy. This did not happen because of any great business knowledge, on their part.
Romney will not feel the need to expand his wealth through his public office, as the Clintons have done.
—–
Randy, take a look at the Mitt Romney web page. His position page has been up, virtually unchanged, for SEVERAL months now:
http://www.mittromney.com/homepage
—–
Juvenile
Would you rather see a company shut down, able to employ ZERO employees, or see a company restructure, and keep part of their work force?
Also, lets stop it with the religious attacks. You are a bigot, we get it. What will you do if it is Romney VS Obama?
Anyone who wants the power so bad like he does and Clinton, McCain, etc…You have to watch out.
He’s probably a ‘chain saw Al’, in a Ken suit.
So, what did he do, buy companies, cut the work force and outsource the jobs? Seems like that is the status quo for corporate ‘turn around’ experts.
Sounds like we may get another vote on the future of the greyhound park.
Does anyone have any information on the “flip-flopper” snide remark?
I’d like to see some of the items he has flipped flopped on, and links. That would put him right up there next to Hillary, but I didn’t see the newspaper take a poke at her.
It is interesting to see how many of you see yourselves as small peasants, peon lowly workers slaving away (someone said to death – haha) in life. It is very typical for unskilled and low wage workers to look at the rich and successful business leaders in such sorry light. Of course, country bumpkins cannot fathom the great contribution these leaders have made to our nation. How important they are to it’s every success.
And no other politician has ever done the so called flip-flop? I know the Eagle never does, they are always right? I rank the other Democrats like Kerry, and Clinton more than Republicans. Go my man Mitt.
AmWay – not an expert here but as I recall he took many ‘moderate’ positions as governor and has veered ‘right’ in his presidential run; mostly on ’social issues.’ In many ways he is running into a common problem – a candidate must veer to the left or right (depending on which party) to get the nomination but then back toward the center for the general election.
And you global warming fans, can thank your ethanol plants and energy wasting ways for more plant closings. Not the big CEO’s evil fault. From the statehouse Friday:
EMPORIA TO LOSE 1500 JOBS AS TYSON DISCONTINUES SLAUGHTER OPERATIONS THERE
Tyson Foods plans to cut 1,500 jobs in Emporia when it closes its
slaughter operations within a few weeks, the company announced today.
The elimination of slaughter operations will result in the reduction of
1,500 of the 2,400 jobs currently provided at the Emporia plant. Tyson
Foods said the decision was part of a strategy to optimize its commodity
meat business as the industry struggles with over capacity and not enough
cattle. The company said the Emporia facility will still be used as a cold
storage and distribution warehouse and will process ground beef. In
addition, the Emporia plant will help enhance efficiencies at some other
Tyson plants by taking over the processing of certain commodity and
specialty cuts, which have typically slowed production at those other
locations. The company has no present plans to use the slaughter area of the
Emporia plant; however, the equipment there will be left intact. A
spokesman said there continues to be far more beef slaughter capacity than
available cattle. He said cattle production has moved from eastern to
western Kansas over the past twenty to thirty years, and the Emporia plant
is no longer centrally located in relationship to where most of the cattle
it slaughters are raised.
In addition, the U.S. cattle herd is not growing. Tyson sees no signs of
appreciable growth in the fed cattle supply over the next two to three
years. The rising price of grain, caused in part by the use of corn for
ethanol, has put pressure on feed costs, land costs and the use of farm
ground, the company said. Further, the number of cows being retained for
calf production continues to decline.
Affected workers will continue to be paid and receive benefits for 60
days. Tyson Human Resources representatives will begin meeting with them
next week to discuss other employment opportunities within the company.
The workers will be encouraged to consider transferring to other Tyson
locations, such as company beef facilities at Finney County, Kan.; Dakota
City, Neb., and Lexington, Neb.; and Joslin, Ill. The company will offer
cash relocation incentives for qualified workers. Those who transfer will
retain their seniority as it relates to the accrual of benefits, including
vacation time, as well as wage increases.
Of course, country bumpkins cannot fathom the great contribution these leaders have made to our nation.
Kinda like how Econ posts 24/7? Personally, i can’t see how he can spend so much time weeding through all the sites he posts, get no sleep, and still find time to warrant the salary he insists he deserves. Unless there’s 3 or more of him using that nick.
Thanks Ben, I’m no expert either. That’s why I was hoping one of the posters more knowledgeable than me could point out some specifics.
To me flip-flopping would be a candidate making statements – and later making subsequent statements which are 180 degrees from an earlier position.
To call someone a flip-flopper without any source doesn’t see right.
Tell me AmWay, how are my ‘energy-wasting ways’ responsible for overcapacity in the slaughter industry? And BTW – I’m not a big fan of corn/ethanol either – I tend to like cellosic.
ghot
Most of what I read, I would have to read, as part of my own need for knowledge, in my business. Thanks for asking.
Simply making said information available, to the rest of you, takes no great effort.
Also, I hardly “post 24/7″ — there are always a few days, every week, where I hardly post at all.
Those supporting enthanol, which costs more to produce, sucks up water, and produces a product which is less efficient that regular unleaded – are actually promoting energy “wasting”. Further, the increase bushel price for corn is great for farmers (maybe time to end their subsidies), but the entire food industry has higher production costs.
Those seeking greener energy, have latched onto a loser with ethanol.
Thank-you ethanol:
“The rising price of grain, caused in part by the use of corn for ethanol, has put pressure on feed costs, land costs and the use of farm
ground”
ghotiphaze was probably thinking you worked seven days a week econ101. You did post late on the weekend, but I would expect that you have Saturday and Sunday off. :)
Actually, Mitt Romney had the endorsement of the National Right to Life Committee, in his last run for Governor. Well, it was a recommendation, if not a full-fledged endorsement. He always seemed willing to listen to reasonable compromises, on the issue, even then.
McCain is, actually, the real flip-flopper on the Republican side, IMHO:
http://redstate.com/blogs/gop84/2008/jan/23/mccain_the_flip_flopper
Actually, I do work 7 days a week, but I do not work all day!
Ben
Amway
This might help on the Romney flip-flop issue. It’s largely about social issues and a little on 2nd amendmant stuff.
http://blogcritics.org/archives/2008/01/04/164729.php
Don’t know anything about the source but it mirrors most of what I’ve heard other places.
Amway, on the flip-flop accusation, his views on abortion and gay rights were different when he was attempting to please the voters of Massachusetts then they are now when he wants to appease the politically powerful religious right.
He also was “caught” in a statement about having “seen” his father march with Martin Luther King. That one came down to a depends on what is is defense.
He seems willing to be what the voters he is speaking to at the moment want him to be. And it all comes off inconsistent.
I won’t add links as I’m not sure which ones you would credible but a bit of “the google” would offer many choices of more in-depth coverage on his flip-flops.
To me, he seems like the average politician. No better, no worse.
Romney is an “expert” on the economy?
Because he fought his way from a hard-scrabble life as son of the Governor of Michigan?
I don’t think so.
As for Hillary being a “flip-flopper,” she’s not. One has to actually take a position on something before one can repudiate that position.
She never takes any position.
AmWay–
What do you care if 1500 workers lose their jobs in Emporia?
Do you hate the free market? Are you a socialist?
You CONs whine and moan about workers’ rights, and then you whine and moan about workers’ losing their rights, if you can score points.
And finally, none of the libs on this blog are big fans of ethanol, for the very reasons you cite.
So don’t confuse environmentalists with backers of the ethanol boondoogle.
Google “Romney”+”corporate raider”
Here is a little of what you might find.
Do we want a man like this in charge of America?
A front page story in the New York Times on Sunday, June 3rd questioned some of Romney’s claims about his supposedly stellar business career. The Times interviewed numerous people for the story and discovered that as a venture capitalist most of the risk in the investing was not placed on Mr. Romney but rather on the other partners in the firm.
Two transactions made by the firm are reported in the article, one with Dade Behring in 1999 and another with KB Toys in 2001. In both cases, Bain Capital’s involvement forced the companies to file for bankruptcy and layoff thousands of workers. Romney was a heavy investor in Bain Capital at the time and remains one to this day.
Romney’s cold-blooded business tactics are documented in an in-depth series on Romney and his life in the Boston Globe. A story investigating Romney’s successful business career examined several transactions made by Romney’s company, Bain Capital. One of these transactions involved a company called Ampad, which Bain Capital purchased in 1992. After several years of tremendous profits for Romney and his fellow investors, and hardship for the company’s workers, Bain shut down several plants, leaving hundreds of workers without jobs. In the end Bain Capital’s involvement with Ampad forced the company to file for bankruptcy and left over 500 people without jobs.
Good post, Socrates.
But you forget, to true CONs, forcing companies into bankruptcy and forcing their former employees into the street is good business.
That’s the “creative destruction” that is the essence of capitalism.
Anything less than that, and you get “a lazy working class” in the words of Mr. Potter from It’s a Wonderful Life.
American Way, Corn Ethanol is grossly inefficient, the only reason corn is being made into ethanol is because of government subsidies. I’ve already stated on here that hemp with its cellulose content can produce 4 times more ethanol than corn, plus hemp doesn’t need pesticide protection and can grow in a desert, or in cold climates as well taking less water, much less water. Before you go around bashing ethanol, I wanted to make it clear that it is corn ethanol which causes problems with the mass it takes up, water it uses, pesticides that need to be used, all the crops are inbreed and have bad genetic diversity, and its cellulose content which is used to produced ethanol is very low compared to the grass on your lawn. If people would stop being so closed minded and realize that hemp can be grown in all 50 states, and takes up less land to grow, we would have our fuel problem solved, and deforestation solved, it makes paper better than trees do.
AmWay – there are many of us on the ‘green’ side who have NOT jumped on the ethanol bandwagon. We have rasied the same issues you now raise.
It seems to me the biggest booster of E85 is the domestic automobilr/SUV industry. That was they can pretend to be environmentally conscious.
Bain Capital gets involved, I believe, after a company is already in trouble.
Also, the TYPE of bankruptcy is important.
If court protection was needed, in order to renegotiate with creditors and keep the business going, people like Romney are definately the people you want, in charge.
Your stories did not indicate if the companies survived, after bankruptcy.
There are many investements, available to the public, that use a “contrarian” approach, or look for companies that are working their way out of bankruptcy. Bain Capital attempts to preserve some of the assets, of the company, when things are hard.
Your attacks on Romney are simple minded.
CPR only “works” on a small percentage of people.
If I see you floating face down, in a swimming pool, should I skip doing CPR, because it might not “work”?
United Airlines went bankrupt, they are still with us, today.
Get a clue. Romney HAS shown great business expertise.
George Bailey to Potter: Just a minute – just a minute. Now, hold on, Mr. Potter. You’re right when you say my father was no businessman. I know that. Why he ever started this cheap, penny-ante Building and Loan, I’ll never know. But neither you nor anyone else can say anything against his character, because his whole life was – why, in the twenty-five years since he and Uncle Billy started this thing, he never once thought of himself. Isn’t that right, Uncle Billy? He didn’t save enough money to send Harry to school, let alone me. But he did help a few people get out of your slums, Mr. Potter, and what’s wrong with that? Why – here, you’re all businessmen here. Doesn’t it make them better citizens? Doesn’t it make them better customers? You – you said – what’d you say a minute ago? They had to wait and save their money before they even ought to think of a decent home. Wait? Wait for what? Until their children grow up and leave them? Until they’re so old and broken down that they… Do you know how long it takes a working man to save five thousand dollars? Just remember this, Mr. Potter, that this rabble you’re talking about… they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath? Anyway, my father didn’t think so. People were human beings to him. But to you, a warped, frustrated old man, they’re cattle. Well, in my book he died a much richer man than you’ll ever be.
No, I dont think Romney had anything to do with UA, however, the point is that businesses do need consultants, and investors, when they are having trouble.
But no, I will be labeled a tree hugging, pot smoking, hippie because I promote hemp to solve problems. The talking heads do a good job of slandering progress. Speaks volumes of how easy it is to brainwash a country into thinking hemp and tree huggers, are stupid evil mindless socialist commies who are out to destroy America.
I’m neither a hippie, or pot smoker, but hey, I support hemp as a bio-fuel and I support Ron Paul, so I guess I’m an extremist.
Heehee, they’ve got a “LEXUS” ad popping up in the right top corner.
Guess they don’t know their WEBlog crowd very well . . .
Capn
Nice quote.
I do not disagree.
However, the “Building and Loan” you speak of would be considered a “sub prime lender” today.
I do not want federal regulators to tighten up on such loans. I just want the laws, already on the books, to be enforced.
Also, the “Building and Loan” you speak of, was bailed out by people like Mitt Romney.
Hemp is an extremely useful plant, WhiteE.
It’s a crime that the US gov’t has outlawed it. It’s a clear case of gov’t regulation used to maintain status-quo business interests.
Try to get hemp reform past the powerful logging interests . . .
econ, you raise a good point. For businesses, there are two types of “Bankruptcy”; one, a liquidating procedure under Chapter 7 of the Bankruptcy Code; the other, a “reorganization” under Chapter 11, which is the type of procedure United (among others) went through. Yes, I’m ignoring, for sake of simplicity, the Chapter 12 procedure for farmers.
I’ve often thought the media does all a disservice by not carefully delineating between the two procedures by calling both Bankruptcy. Admittedly, both are under the Bankruptcy Code, but the purpose of Chapter 11 is to allow the corporation to reorganize and continue in business, the purpose of Chapter 7 is to orderly liquidate the business, and (hopefully) allow the creditors to receive something on the receivables. If news reports would be a bit more precise in indicating the type of Bankruptcy, it would serve all of us better.
If Ron Paul’s name shows up on my ballot, I’ll be penciling him in. (well not paper anymore, but same point.)
dammit, Mr. white Elephantman,
How dare you speak of hemp, you damned stinky patchouli wearin’, tree-huggin’ hippy homo! Hemp is bad cause it’ll lead to black men raping white women, don’t you get it?
Reefer Madness?
Nevermind that it’s not just for smoking, nevermind that it grows anywhere, in any season.
Profits boy!
The Republican field will dwindle down to Romney and Paul. Huckabee is broke, McCain won’t make it much further. Ron Paul will easily gain more support than Romney. The media polls don’t matter, smearing Ron Paul as a kook, and keeping him off the airwaves should have been enough of a warning to you guys that he is a threat against the status quo which the media loves. Ron Pauls campaign is buoyed by American citizens, not media polls. It should speak volumes that Ron Paul is surviving by a grass roots effort, people work for his campaign for free, while Romney asked some of his people to take a pay cut who run his campaign and they wouldn’t do it. Can you see where the loyalty and honesty is. Can you see there are people willing to work for free for Ron Paul, and none of the other candidates.
Econ–
Man, you scare me.
I sure hope my broker who is also a conservative knows more about basic business than you do.
George Bailey’s Savings and Loan most certainly was NOT a “sub-prime” lender. The key to that debacle was that the people making the loans were not TAKING THE RISK which were shifted to big banks and investment firms which bundled and sold mortgages.
The home-town Savings and Loan was a semi-cooperative venture in which everyone prospered or everyone sank.
What a great movie ya’ll are citing. try Mr. Smith goes to Washington, not unlike Mr Ron Paul.
The only thing corn should be used for ethanol-wise is corn squeezings.
Corn:
The only food you can enjoy twice.
Capn
How, pray tell, did Mr. Potter ever manage to have a say in the Building and Loan?
Because the Building and Loan borrowed from Mr. Potter, that is how!
Also, we are both talking in short hand, here.
I do not disagree that “securitization of realestate” not your quote, but not mine either — or the process of turning mortgages into securities, has much to do with the current problems. When those loans were VA or Fannie Mae, etc, the government had stricter underwriting.
Then, we “securitized” mortgages that had very, very loose, “stated income” underwriting. (I had a mortgage broker offer me a loan, a year ago, on no more than a notarized statement of my current earnings, and a credit check. I turned him down. He wanted to sell me way too much house.)
Capn, if you get a chance, read “Liars Poker” — it discusses the beginning of the mortgage morph into the securities business.
http://www.amazon.com/Liars-Poker-Rising-Through-Wreckage/dp/0140143459
Yes, you are right. The problem now is that we have all of these mortgages, in 3rd party funds, with little way to compare them to one another, or to the market, because no data went into writing the loan. For roughly 1 year, after the mortgage is closed, the investment firm can “push back” the mortgage, to the original mortgage broker.
How in the hell does that help, in sharing the risk, if interest ratets dont go up, on an ARM, until year 2 or 3?
Anyway, the investment world has been burned, by these things, and the market will correct itself.
Also,
Shorthand explanation:
We do not have many “building and loan” or “savings and loan” type lenders, anymore.
The interest rate swings and the S & L failures, back in John McCain (Keating 5) and Hillary Clinton (Madison Guarntee Savings and Loan) days, pretty much got rid of the local lenders.
I actually do not believe that the S & L failures, back then, were caused by illegal activity. The market changed. Interest rate curves did not serve them well.
However, the S & L failures DID shine a bright light on mortgage activity. We only heard about the abuses due to the failures. Failures that often were NOT caused, directly, by the abuses.
My point is that too much regulation, as an over reaction to the present environment, might well keep home ownership off limits to the same type of people that George Bailey was trying to help.
Another bubble being created?
Changing the topic a bit … I have seen some Chase credit card ads with the theme “I want it all and I want it NOW” encouraging people to spend all the way to their credit card limit. After all, at 21.99% or so interest these are very lucrative for the banks. But isn’t that also sowing the seeds for another debacle?
Yea, I think the creditors are reckless. There as reckless as the 18 year olds they give a credit card with a 10,000 dollar credit limit to.
On the ‘bankrupting companies’ issue: Did Romney actually bankrupt them or did he simply ’sign the death certificate’? There is a big difference. There are a lot of cases where a ‘takeover artist’ has to clean up a mess he acquired and sometimes the pain associated with that, while bad, is better than the alternative of doing nothing until the place just shuts down.
An 11 is preferable to a 7.
You can CHASE your dreams, with a chase credit card, you probably will never catch your dreams though, isn’t that the reward though, life is a journey not a destination. Spend all you want, your gonna croak some day. Yea, die broke so no one will get your money.
Its our jobs as taxpaying consumers, to spend money so we can keep the economy afloat. The country depends on us, we need to trudge through the retail outlets and take one for the team, team America. Heres to going in debt. cheers!
sorry, I like spewing propaganda, someone should hire me.
WhiteElephant
Posted January 28, 2008 at 10:52 am | Permalink
Exactly. Now go out there and do your duty.
AmWay, flip-flopping is only important on a Liberal Blog like this when the candidate being accused of flip-flopping is Conservative.
Hillary Clinton the Socialist, gets a pass. She can and has flip-flopped like a carp thrown in the hot sun on a river bank in July.
AmWay, flip-flopping is only important on a Liberal Blog like this when the candidate being accused of flip-flopping is Conservative.
Hillary Clinton the Socialist, gets a pass.
She can and has flip-flopped like a carp thrown in the hot sun on a river bank in July.
Except the Carp smells better.
The Capn made a good point way up thread when he said:
“As for Hillary being a “flip-flopper,” she’s not. One has to actually take a position on something before one can repudiate that position.
She never takes any position.’
#
lindainks55
Posted January 28, 2008 at 11:04 am | Permalink
The Capn made a good point way up thread when he said:
“As for Hillary being a “flip-flopper,” she’s not. One has to actually take a position on something before one can repudiate that position.
She never takes any position.’
————————-
Okay, I’ll behave and leave that remark alone. :D
That’s a good one, Regular! I didn’t catch it until you left it alone but am laughing now. Maybe Monica wouldn’t have been if she HAD taken a position, any ole position…
J R
Posted January 28, 2008 at 6:47 am | Permalink
Corporate raider Romney made his fortune “saving” companies.
You know. Swooping in and firing two thirds of the work force and working the remaining workers to death?
If you have in some way enjoyed the last seven years of the the rich getting richer on your backs and at any cost? Willard Romney would be your guy.
————————————————–
I see JR is almost working himself to death! LOL!
And I’m making so much money off of the work that JR does!
Max seems to know so much about JR. How could that be? Max reads minds? Has investigators check JR out? I would think someone verbally abusing someone he knows little about was reserved for grade school kids. Evidently, Max fits the bill.
Its our jobs as taxpaying consumers, to spend money so we can keep the economy afloat.
-WhiteElephant
There you have the reason why we need to ditch the income tax. If we axed the income tax, people would have too great of an incentive to NOT buy stuff because the sales tax would be so high. Such a high sales tax would hurt corporations who make and sell the stuff. While the stock market collapses, people will be saving more of their own money.
Getting rid of the income tax seems like the best way to take profits from big business and put it into the pockets of the little guy. Meanwhile, the fat in our ecnonomy gets purged out. Only the companies making stuff we actually really need will survive.
WhiteElephant
Posted January 28, 2008 at 9:39 am | Permalink
You have convinced me, but my wonder is, why is it NOT being used? Your arguments are very good arguments. Is it only because people associate hemp with marijuana?
Actually, now that I’ve read on down, I see several arguments as to why hemp is not considered a resource for fuel. Not good arguments, and definitely not arguments for the good of the country, but correct arguments.
Just out of curiosity, why is it that when a Democrat does it, it is called “flip-flopping” but when a Republican does it, it is called “evolution of his position?”
When Romney was running for the Senate against Ted Kennedy, he stated that he was stronger on gay rights than Kennedy.
Now he is against gay marriage and for a constitutional amendment banning same.
You cannot be FOR gay rights and FOR an amendment banning gay marriage.
So Romney has flipped.
Why not just call it as it is?
“but my wonder is, why is it NOT being used?”
It is against the law, even though it has so little THC (the active ingredient in marijuana) that you would have to smoke pounds of it to get high.
If you smoked hemp, your lungs would give out before you got a buzz.
Romney’s economic method – ask dad for more money, will not work at the national level.
Seriously, why do people think he’s such an economic genius. Anyone can succeed in business when dad spots you 100 million dollars.
Looks like BAin cap. and their Chinese partner are looking to acquire 3com. Deal may be blocked on natl. security interest.
Bain, Huawei Seek $1.2 Billion Loans in 3Com Buyout, People Say
By Patricia Kuo
Oct. 2 (Bloomberg) — Bain Capital LLC and Huawei Technologies Co., China’s largest maker of equipment for telecommunications networks, hired five banks to arrange $1.2 billion of loans for their proposed buyout of 3Com Corp., said three people with direct knowledge of the deal.
Citigroup Inc., UBS AG, HSBC Holdings Plc, ABN Amro Holding NV and Bank of China (Hong Kong) Ltd. will arrange $800 million of five-year leveraged loans, $750 million of which will be for the takeover and $50 million to boost working capital at Marlborough, Massachusetts-based 3Com, said the people, declining to be identified because the information isn’t public. Citigroup, UBS and HSBC will also underwrite an additional $400 million of short-term loans, they said.
3Com, the unprofitable maker of computer-networking equipment, on Sept. 28 said it agreed to a $2.2 billion takeover by Bain and Huawei. The purchase is expected to be completed by the first quarter of 2008. Shenzhen-based Huawei will buy 16.5 percent of 3Com to become the U.S. company’s second-largest shareholder, Huawei spokesman Ross Gan said on Oct. 1.
Alex Stanton, a New York-based spokesman for Bain, didn’t return phone calls seeking comment. Huawei’s Gan wasn’t available to comment. Buyout firms typically fund about two-thirds of the cost of an acquisition by borrowing against the target company’s assets, a so-called leveraged loan.
Citigroup and UBS are advising Bain on the acquisition, and Goldman Sachs Group Inc. is advising 3Com.
Trumping Buyout Firms
3Com in March completed the acquisition of Huawei’s 49 percent stake in H3C Technologies Co., a joint venture, for $882 million. The company trumped efforts by Bain, Silver Lake Partners and Huawei, who planned to borrow about $1 billion to buy 3Com’s stake, bankers familiar with the situation said last November.
The U.S. will probably probe the purchase of 3Com on national security grounds, the Financial Times said on Sept. 29, citing former government employees.
The U.S. Committee on Foreign Investment looks closely at Chinese transactions involving the government’s information technology, the newspaper said, citing Christopher Simkins, a former Justice Department official. Huawei’s ownership of 3Com would be “really worrisome,” the Financial Times quoted Sami Saydjari, an Internet security expert at the Pentagon, as saying.
To contact the reporter for this story: Patricia Kuo in Hong Kong at pkuo2@bloomberg.net .
F Z – sort of like Bush’s business model: Get Poppy’s friends to buy out the failed business.
Actually, Romney got his education (Harvard MBA and JD simultaneously) paid for by his father, but that was it. His business success is his own.
And when his father died, Romney donated his inheritance to charity.
In the 3com deal China putting up nearly half of the financing, while receiving about 19% ownership. Are the Chinese really that dumb?
Mitt Romney can not be trusted. He will say anything and pay anything to win. Just look at the debate, Romney cheated. Do you want someone dishonest and deceptive as our president? Don’t believe me? Look at these 3 videos of the Florida debate and tell me Romney did not cheat. There is no denying it.
http://www.youtube.com/watch?v=0NlIMQ31EjY
http://www.youtube.com/watch?v=7wfWDOxZkEM
http://www.youtube.com/watch?v=zK408oqEyOU
Looks like Bain did real well here!
Not Fun and Games: The harsh consequences of a crushing debt burden
The Bain Buyout of KB Toys
In December 2000, at the height of the busy Christmas shopping season, Bain Capital purchased KB Toys in a highly leveraged buyout worth $300 million. Bain invested only $18.1 million of its own money and financed the rest with bank loans and other assorted I.O.U.s.
The early 2000s were a tough time for toy retailers, and competition was fierce from bulk discount sellers like Wal-Mart and Target. Yet in April of 2002, KB Toys’ new owners implemented a dividend recap—a second mortgage of sorts—to pay Bain and several KB Toys executives a special dividend of $120 million.
KB Toys employees and creditors, on the other hand, were about to face some serious financial challenges. In January 2004, KB Toys filed for bankruptcy protection. The new year started off with announcements that at least 30 percent of stores would close and nearly a third of the workforce would lose their jobs. Employees, creditors, and the communities KB Toys served waited to learn where the cuts would take place. In the end, nearly 600 stores closed and 4,000 employees received pink slips. Big Lots, from whom Bain had purchased KB Toys, had to reveal to its shareholders that not only had it not received payment on the $45 million note, but that it was also left holding the bag on store leases that KB Toys defaulted on as it closed stores nationwide. As of the close of 2006, some landlords were still waiting for payment of old rents.
In an action to recover the note and other damages, Big Lots alleged that Bain Capital’s 2002 dividend recap led to the company’s bankruptcy, characterizing the practice as an “unjustified return on [their] investment in excess of … 900 percent in a mere 16 months.” Bain Capital and KB Toys executives cited the difficulty of competing with the discount stores as the cause of the company’s woes. The Delaware state court dismissed Big Lots case, finding that Big Lots was limited to bankruptcy proceedings to enforce this claim.
KB Toys emerged from bankruptcy in 2005 when a new owner—another private equity firm—invested $20 million. For the 4,000 former KB Toys employees who lost their jobs, it was a harsh lesson in the game of private equity buyouts.
Actually Marijuana was used to make hemp illegal, it was easier to bastardize a recreational drug, than it was to bastardize hemp. A few business big wigs in the 30’s and 40’s in the oil and lumber industry had there profits threatened by the hemp industry, hemp would of wiped out the oil and lumber industry. So Anslinger teamed up with some people and spread the Marijuana propaganda machine using racists and bigoted views to sway people into thinking marijuana was a bigger threat than heroin. They spread fear tactics that only minorities use marijuana and that it turns them into crazed criminals, ready kill, and rape our white women. The War on Drugs actually supports terrorist economies. We keep drugs illegal, letting the criminals control the price on the black market. Keeping drugs illegal, will make a cocaine addict prostitute themselves on the street to support their expensive drug habit, this in turn pumps money into other countries that smuggle drugs into the u.s., then the u.s. taxpayers paying billions of dollars fighting the war on drugs. I’m not arguing that all drugs should be legal, I’m arguing that the War on Drugs and the War on Terrorism and the War on anything is some of the dumbest things this country has done. I don’t see anything wrong with fighting terrorism, and drug addiction, but we’re as a country are pouring oil and a fire, we aren’t solving any problems with declaring war on everything, we’re actually exacerbating the problems. But yea, the only reason marijuana is illegal is because it was used to kill the hemp industry by people who wanted to protect their business interests. I don’t see why the lumber industry didn’t just switch to hemp, I guess a more renewable resource like hemp would bring the prices of certain commodities down. You make the same amount of paper the world needs in one season of hemp harvest compared to a year of tree harvesting, and it takes 40 years for a grove of trees to grow big enough to harvest, when it takes a crop of hemp less than a year.
interesting …
Thanks Phantom. That story definitely does NOT sound like the ‘cleaning up an inherited mess’ sort of thing. Unless, of course, we are referring to those who ended up cleaning up after Romney!
Pretty slick, invest 18 mil., re-mortgage and pay yourself 120 mil. dividend, declare bankruptcy! Can he do that for the Govt?
At this time, I can see two actual two flip-flops reported on this tread, which can be documented:
1. Gay Marriage
2. Abortion Rights
Are there any more actual flip-flops where Romney
made one statement, and then made a subsequent statement which is 180 degrees opposite?
Just trying to evaluate all the candidates using facts and not fiction/opinion.
Thanks
“Can he do that for the Govt?”
I think George WMD Bush beat him to it!
AmWay – those are the biggies. I think he had also taken a ‘moderate’ position on immigration and possibly also on spending. In many ways, similar to Huckabee and Richardson.
But taking a moderate position is not flip-flopping.
I was hoping we had something more. The gays are such a small part of the population, and most states ban gay marriage outright. Most of this happened as a result of Mass stepping forward and allowing them. This, however, is a flip-flop.
The abortion rights issue. I haven’t found two quotes from Romney stating his position each way.
This is a major issue to the religious right, and to the Choice movement. So this one affects many Americans. Still looking, but without a source, regretfully, I cannot call this a flip-flop.
Romney’s a friggin genius. We need a champion of capitalism like him!
http://massresistance.org/romney/ampad_062607/index.html
AmWay – what I was referring to is that as a candidate he is now taking ‘tough’ positions on those issues while as Gov he did not. He seems to be veering right away from his record as he tries to get the nomination. Actually this is typical in BOTH parties – especially for a governor.
Taking a tough position is not flip-flopping.
As you say, all the candidates try to move to center to be their parties candidate. That is taking a different approach, stronger on some issues, weaker on others. But that is not flip-flopping.
He is not my hero, but I am evaluating all my options. I do enjoy reading contradicting statements – when candidates make them, so I can keep score for my decision.
AmWay – the question would be ‘did he flip-flop’ from an accomodating position to a hard-line position to get votes?’
Favoring a Constitutional ban on gay marriage is not a moderate position after you have campaigned as being stronger on gay rights than your opposition.
Romney flipped on gay rights – pure and simple.
So can we legalize hemp without legalizing marijuana?
Marijuana/hemp should be completely legal. Can we prohibit all alcohol but iso-propyl?
You forgot to prohibit cholesterol, another alcohol. :)
Of course I had no idea who Willard Romney was back then.
I had a girlfriend worked for KB Toys when Romney pillaged it. They did their employees real dirty so Willard could clean up.
Geez why doesn’t the SOB wear an eye patch and have a parrot on his shoulder?
Romney did not, really “flip flop” on gay rights:
http://powerlineblog.com/archives/016159.php
“I suspect that much mainstream news analysis is filtered through the false assumption that conservatives generally hate homosexuals. Thus, if a Republican politician is friendly toward gays, appoints gays to office, speaks of protecting their civil rights, etc., this is viewed as somehow at odds with, say, opposition to gay marriage. It isn’t. I think a large majority of conservatives have no ill will toward homosexuals, while at the same time believing that gay marriage would be an unwise social policy.”
“econ101″ alledges –
(and I’m snipping to the gist of his message)
“…gay marriage would be an unwise social policy.”
Why is that?
Primarily because the majority of the population does not support gay marriage?
If I walk down the street, and notice a gay person being kicked and beaten, I am more than likely to step in and try to stop it, regardless of the personal consequences. I have done as much, in the past.
If a gay person wants to do business with me, I have no problem with that. I do have gay clients.
I am, currently, against gay marriage. That does NOT make me a bigot.
Where do you liberals draw the line? How many Democrat candidates are publicly behind “gay marriage”?
I think that marriage should remain a state issue, with a provision that other states are not required, necessarily, to honor the decisions of of any state that makes gay marriage legal.
There are lots of issues here. Inheritance can be handled by a will, by a trust, by joint tenancy with rights of survivorship.
Public benefits are something else. Social Security and Medicaid are already very tough issues. Do we wish to INCREASE the number of people that qualify for “spousal benefits”? There WILL be an economic cost to gay marriage.
Current law, as far as taxes and benefits are concerned, are designed for a purpose: raising a family.
Again, get Obama and Hillary to publicly support gay marriage before you start asking conservatives to change our minds.
Sorry, meant to say Medicare not Medicaid.
Paul – if a state were to return to legislation that outlawed mixed-race marriage shuold they also be allowed to not recognize such marriages from other states?
“Primarily because the majority of the population does not support gay marriage?”
So what?
The majority of Americans were cool with slavery in 1850.
The majority of Americans were cool with separate but equal in 1950.
Does that make it right?
“econ101″ on the “bad social policy of gay marriage” –
“…the majority of the population does not support gay marriage.”
So the fundamental “Pro-Life” agenda is, by your accounting, “bad social policy,” too?
“If I walk down the street, and notice a gay person being kicked and beaten, I am more than likely to step in and try to stop it, regardless of the personal consequences. I have done as much, in the past.”
Interesting. Just how did you know the person getting kicked and beaten was gay?
“If a gay person wants to do business with me, I have no problem with that. I do have gay clients.
How do you know? Did you have sex with them?
“I am, currently, against gay marriage. That does NOT make me a bigot.
Yeah, it pretty much does.
“Where do you liberals draw the line? How many Democrat candidates are publicly behind “gay marriage”?
Here’s my personal “line” — two consenting adults should be able to enter into a contractural relationship (commonly called “marriage”) that enjoys the benefits and disadvantages (didn’t you Cons used to gripe about a “marriage PENALTY?! a while back?), regardless of gender.
“I think that marriage should remain a state issue, with a provision that other states are not required, necessarily, to honor the decisions of of any state that makes gay marriage legal.
What you think, “Econ101,” hardly justifies why it is “bad policy,” which was the question at hand. But here’s some “bad policy” for you. A couple gets married in Kansas City, Missouri and moves two blocks into Overland Park, Kansas… and under your implied concept of “good public policies” they lose all the benefits and disadvantages of a marital contract.
So tell us all, “Econ101,” what are the *good* public policy advantages of your propsal?
“There are lots of issues here. Inheritance can be handled by a will, by a trust, by joint tenancy with rights of survivorship.”
…with manifold legal expense and hassle. You can achieve all that with a $20 marriage license.
“Public benefits are something else. Social Security and Medicaid are already very tough issues. Do we wish to INCREASE the number of people that qualify for “spousal benefits”? There WILL be an economic cost to gay marriage.”
Really?! How much?
You pretty much thrive on the fact that you took Econ 101, “Econ101,” so let’s assume for a moment that same-gender marriage is going to be a significant cost to the taxpayer.
Show me the numbers.
You certainly wouldn’t pull such an argument out of thin air without evidence, would you?
“Current law, as far as taxes and benefits are concerned, are designed for a purpose: raising a family.”
So are you ready to deny marriage benefits to couples who choose to be childless? Are you ready for a Constituional amendment to ban post-menopausal marriages?
With all the so-called “pro-life” rhetoric that advocated adoption rather than abortion, seems to me encouraging same-gender marriage (which would greatly increase the number of couples willing and able to raise a family) would be good public policy.
“Again, get Obama and Hillary to publicly support gay marriage before you start asking conservatives to change our minds.”
Hey, I’m not out to change your mind, “Econ 101,” but I’ve revealed how your mind works. You basically got nothin’ except homophobia or religious bigotry. When you specified “bad public policy,” you painted yourself into a corner that you can’t get out of.
Gay marriage is a state issue. Check the jurisdiction at the door.
Aren’t Hillary and Obama anti-gay marriage?
You mean the Democratic Party has bigots running for office MonkeyHawk?
Gays should not be denied the right to be unhappily married and then divorced like straight people. They should have the same opportunity to lose half of what they have obtained and to be subject to court orders that demean and destroy them financially.
They should have the same opportunity to be forced to go to court to get out of a relationship.
They need to be able to deal with all the negatives of marriage as well as having the positive benefits of marriage.
And if anyone cannot see the freakin’ sarcasm of my comments, they must be a Republican.
Ben
NO
That is a different issue entirely.
“If I walk down the street, and notice a gay person being kicked and beaten, I am more than likely to step in and try to stop it, regardless of the personal consequences. I have done as much, in the past.”
Interesting. Just how did you know the person getting kicked and beaten was gay?”
—-
Gay bashing, in the form of going down to Riverside Park, and flashing your headlights, to attract a gay person, used to be rather common.
Then, when the guy left his car, they would make sure his car was locked and throw his keys, and clothes, in the river.
How do I know? They invited me. I told them to stop, and I told a cop. It stopped.
That is only one instance. There was at least one other, but — well, that one is none of your business, sorry.
Monkey
How do I know I have clients that are gay?
Newsfash: They usually tell me just about everything, since I am often designating beneficiaries, reviewing POA’s and the like.
Don’t be a prejudiced, yourself. Don’t try to make me fit your stereotype of a conservative. I am not unique. Many conservatives feel the same way that I do. Gay Americans are Americans, they deserve all of the property rights of everyone else — but I am just not ready to go with the gay marriage bit, and I will not be bullied into it.
I help my clients take maximum advantage of the law, the way it is written, to achieve their goals.
Regardless of their race, gender or lifestyle.
“That is a different issue entirely.”
How is different? Biracial marriages were illegal in Georgia until 1973.
How is a gay marriage any different?
A black man is born black. A gay man is born gay. A lesbian woman is born lesbian.
Why is race different than orientation?
“econ101″ boasts –
“Gay bashing, in the form of going down to Riverside Park, and flashing your headlights, to attract a gay person, used to be rather common.
“Then, when the guy left his car, they would make sure his car was locked and throw his keys, and clothes, in the river.
“How do I know? They invited me. I told them to stop, and I told a cop. It stopped.
“That is only one instance. There was at least one other, but — well, that one is none of your business, sorry.”
Nice guys you hang out with, “econ101.”
So how did you know the victim was gay?
WS
Marriage does, under the law, make parental rights clear.
What is the NEED for gay marriage?
I am not convinced, or even mildly persuaded, that anything a gay couple might wish to achieve, in their finances or their living arrangements, can not be obtained by:
JTWROS ownership.
Wills
Trusts
POA designations
Living wills
“What is the NEED for gay marriage?”
Because they want it – do they need anymore than that?
Because I knew.
Funny how a person who supports the “Right to Privacy” would try to force me to “out” someone, online, is it not?
And, I did not “HANG OUT” with the thugs. They tried to “recruit” me, due to my fighting ability, at the time, I assumed. (I am rather out of shape, and old, now, but had been in Tae Kwon Do for years, and was a Marine Reservist, at the time).
Why must you libs turn everything into a personal attack?
Gosh, you get no reward at all, here, for doing the right thing, huh?
Again, when did Hillary come out for gay marriage?
When did Obama come out for gay marriage?
When did Governor Sebelious come out for gay marriage?
Are they all “bigots”???
WS
YES!
There must be a positive reason for any change in the law. I have not heard one, in this case.
“There must be a positive reason for any change in the law.”
Why? What is the POSITIVE reason against gay marriage?
There is absolutely no POSITIVE reason to oppose gay marriage.
The only reason to oppose gay marriage is opposition to gays and gay rights.
Period.
“econ101,” in the process of not addressing why same-gender marriage would be what he called “bad social policy, offers –
“How do I know I have clients that are gay?
“Newsfash: They usually tell me just about everything, since I am often designating beneficiaries, reviewing POA’s and the like.”
Hmmm. So you’re in the business of making commissions and salary dealing with same-gender couples who cannot otherwise enjoy inheritance and other benefits with a $20 marriage certificate, huh?
Okay. At least we have your motives clear.
“Don’t be a prejudiced, yourself. Don’t try to make me fit your stereotype of a conservative.”
I don’t have to, “econ101.” You’ve pretty much done that on your own.
“I am not unique. Many conservatives feel the same way that I do. Gay Americans are Americans, they deserve all of the property rights of everyone else — but I am just not ready to go with the gay marriage bit, and I will not be bullied into it.
Yes, “econ101,” I know that. It’s just when you try to make a rational argument against same-gender marriage, you’ve got nothing but your bigotry card to play.
“I help my clients take maximum advantage of the law, the way it is written, to achieve their goals.”
And I’m sure you make a fine living at it. Slave-traders had their businesses which took “maximum afvantage of the law, the way it [was] written,” too.
I understand what motivates your objection to same-gender partnerships getting the advantages of a $20 marriage license. I understand it perfectly.
“Regardless of their race, gender or lifestyle.”
Ah, but if sexual preference were to get in the way of your earning capacity, it’d be “bad social policy.”
Hoo BOY paulthecon is embarrassing himself here!
This one is for the AGES!
“And, I did not “HANG OUT” with the thugs. They tried to “recruit” me, due to my fighting ability, at the time, I assumed. ”
What other sorts of social miscreants are seeking enlistment of your special gifts?
Do you have a cape? Or a hood?
I always figured you for a goon.
Among other things.
Ol shilly paul was telling us the other day about “Black areas”.
I guess he studies up on “gay areas” too? Why SO familiarize yourself with something you are not personally part of EXCEPT for nasty purposes?
I’ve lived in Wichita my entire life. Paul’s little show here is the first I’ve ever heard of such goings on as he posts re: gay people.
He musta went looking for it.
Tell us balking middle aged thug. Do you get “recruited” by Fred Phelps too?
He could probably use a balding middle aged thug for a body guard!
Monkey
Get real.
What have your Democrat leaders done, to advance your “gay marriage” cause?
Nothing.
And, Juvenile, the fact is, the people that I turned into the police kind of remind of —-YOU!
Monkey
I am not an attorney.
I do refer some business, back and forth, with a few different attorneys.
It is illegal for me to charge anyone for legal work.
However, I do have to look at a POA to see if someone actually has the power to speak for someone else.
I do have to look at trusts, to know how to title ownership in any financial product.
I also send people to various attorneys, if they need such documents.
The safe thing to say is: “some of my clients have found a trust to work, in this situation, I can refer you to an attorney, who would have to make that determination, for you, if you agree”
I have had a few gay clients because they trusted me. You should keep your politics seperate from your business decisions, in my opinion. Many gays feel the same way.
Anyway, again, why can’t you liberals ever applaud someone who tries to “meet you halfway”
It is all or nothing, with you folks.
Not the way to make progress for your cause.
“Gay bashing, in the form of going down to Riverside Park, and flashing your headlights, to attract a gay person, used to be rather common.
Then, when the guy left his car, they would make sure his car was locked and throw his keys, and clothes, in the river.
How do I know? They invited me.”
What a wonderful social circle you must run in paul!
I’ve been some pretty low places. But I’ve NEVER had goons “recruit” me to assault people for kicks.
Got any other deep dark sick stuff about yourself you’d like to share?
The Juvenile known as “JR” is a hateful bigot.
He has advocated blowing up Mexicans, on the border, with land mines.
He has advocated the destructon of the current state of Israel.
He has constantly attacked Mitt Romney over religious issues.
I am a live and let live kind of guy. I truly believe in free speach, and I have, frequently, stood up for people who were being abused. Black and gay.
Yes, you childish, hateful bigot, it is entirely proper to talk about the “black vote” and race percentages, in these elections. It is possible to do so without being a racist bigot, like YOU.
I just saw a news report about how the “black precints” in Harlem could award Obama a number of delegates, regardless of how well Hillary does, state wide, in New York.
Professional pollsters look at these things.
One of the great things about Obama is that he does so well in “White areas” of the country.
Dig deep into any story about Obama and Iowa. You will notice how Obama did well in a “White State” — I applaud Obama for crossing racial lines.
I applaud Obama for making Bigots like you miserable.
I don’t support Obama because he thinks despicable thug biggots like you can be worked with paulie.
I spoke often in his defense until he started calling the ceasefire on people like you.
Thugs like you and the core of your party can NEVER be worked with.
They have to be stomped and stomped hard.
You are helping me prove it.
Thug.
“I am a live and let live kind of guy.”
WOW how well you must fit in with your friends who assault people for fun. They must find you a read drag huh?
Senator Obama? PLEASE see these people like paulthecon for what they are. They cannot be worked with. They have to be marginalized out of relevance.
By the way, where do you get off calling anyone a “thug” Juvenile?
You claim that you used to be “prolife” and that you used to shout “babykiller” at women seeking abortions.
I think that is bull, because the vast majority of prolifers would tell you to shut up, if they heard you talk like that.
You claim that you once were a “Republican” and that you wrote “Fritz and Tits call it Quits” on the blackboard, when Reagan won in a landslide.
You claim that you once sprayed someone down with a garden hose, who came to your door with Republican political literature. (You seem to think that person was me. I doubt it. I don’t recall any such incident. Besides, I had a hot temper back then, and there would be some medical bills, for you, that I might have actually had to pay!)
Again, where do you get off calling anyone a “thug” with your, admitted, anti-social behavior and your very bigoted statements, on this Blog?
I performed or assisted in citizens arrests on well over 50 different shoplifters, over a period of 8 years, working at the same grocery store.
Someone saw me in a rather rough fight. I won. That bigot wanted me on “his side” In a rather sick activity — I refused. I went to the cops with what I knew.
Not looking for a pat on the back here, but Monkey demanded to know how I knew.
No rewards for telling the truth, among you libs, I guess.
ah, Juvenile
Have you not, often, bragged about soaking someone with the hose, and threating them, simply because that person dared to come to your door with Republican literature?
No reasonable person thinks that you won this argument, on this tread.
You are a bigot, Juvenile.
I am clearly not a bigot.
You will not support Obama because Obama is Black. That is your ONLY reason.
You’re the guy getting recruited by thugs paul not me.
Must be the company you keep huh?
I oppose Obama only because he wants to work with people like you paul. I have said why we must never do so.
The hose deal?
WAS that you? I’ve always thought it was. Ever since you started posting here.
Let’s catch the people up. So you don’t spin it with your hateful lies?
Republican operative comes up to my house. I thought I recognized the guy from the “Summer of mercy”.
Well anyways he starts in on why I should vote Republican. I’ve forgotten the candidate he was shilling. But the guy (paul?) was emphatic.
So I told him he had til I could get to my water hose to get out of my yard. And he didn’t get too wet getting out of my yard either!
Now that is not beating people up in parks…
But am I bigoted against Republicans?
You bet I am.
It’s important to you thinking you “win” on these threads you post to paul.
I see you do that a lot and not just with me.
We don’t mind if you believe your own lies paul. You’re a charachature even.
But ya don’t get to declare what is and isn’t truth to fill your own ego. When you lie here you will get called on it.
Romney saved some businesses through hard work and good business practices. He didn’t go in a “lay people off” as a “evil corporate raider”. That is false. Where did you get that?
In fact he was invited back to the original venture capital company he started at to save it from financial collapse and did it without laying off one employee. He also shut that company down one time when one fo the partner’s daughters turned up missing after a party in New York, flew 30 partners and employees to New York City, coordinated with police and narrowly discovered her withdrawing from drug ovedose, narrowly saving her life. Yeah, he’s a wicked, wicked and evil man!
Second, if money could buy the presidency of this country Ross Perot would have won hands down.
Think people! Don’t just sit around spewing rhetoric that you have heard somewhere – probably on ABC, NPR, or the Wichita Eagle or somewhere else but you can’t seem to remember where exactly it was. Read a book or two and give hard evidence, then perhaps what you think and say will be valid.
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