HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Dumb Letters to the Plain...
Introducing Discussionist: A new forum by the creators of DU

Sun Jan 22, 2012, 12:26 PM

Dumb Letters to the Plain Dealer, Volume II: "How can I be of service, Boss?"



http://blog.cleveland.com/letters/2012/01/bain_capital_in_defense_of_ame.html

President Barack Obama has made his position clear: Free-market capitalism "never worked." His economic policy is built on hubris and cronyism where the judgment of rulers like himself determines business and worker winners and losers and is superior to the collective judgment of a free people. His buddies at General Motors and Goldman Sachs are bailed out, the equity of innocent bondholders is transferred to his United Auto Workers cronies and taxpayer funds are lavished on campaign contributors at Solyndra. He reveals his ignorance and inexperience, never having a job that relied upon providing a product or service that would be judged by the market.


Obama has GM and UAW cronies? And why exactly does one have to be a CEO/businessman to be a president? This is one of those ridiculous things the right says a lot, but in hindsight make not a damned bit of sense. Theoretically, government is not a business, nor should it be run as such (see: 1981-2009). Are we justifying the "plutonomy" here?

More disappointing is the Republican presidential candidates denying the moral and practical superiority of capitalism in bashing Mitt Romney and Bain Capital. Romney has provided a tepid defense with comments that every layoff is a "tragedy." My own layoff was anything but. Although at the time unpleasant, it turned into the greatest opportunity of my life.


Right. Sooooooooooooo, because it was a peaches-and-cream pillow-field landing for YOU, it's going to be that way for everyone. There's going to be no depression in wages, long job searches, loss of property, underemployment, stress, none of that? Gotcha.

Even the most successful businesses go through basic cycles of entrepreneurship, maintenance and decline. The declines provide fertile ground for the greatest growth. Layoffs are part of this; they allow businesses to survive, become more efficient and employ more in the future. Investment firms such as Bain facilitate business and individual retooling.

George Gary Thomas Rocky River



Funny . . . during the whole airlines debacle, the company that DIDN'T lay off workers (Southwest) grew to be the largest airline in the country. Ask Costco and various co-ops how they're "coping" without laying off workers. Ask Germany, who subsidized their workers rather than fire them, how badly their businesses are doing as a result. Oh wait, they recovered faster than us and have a lower unemployment rate.

Chop, chop, peon. Bossman needs him some TPS reports.

4 replies, 1073 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 4 replies Author Time Post
Reply Dumb Letters to the Plain Dealer, Volume II: "How can I be of service, Boss?" (Original post)
HughBeaumont Jan 2012 OP
BiggJawn Jan 2012 #1
leftyohiolib Jan 2012 #2
HughBeaumont Jan 2012 #3
leftyohiolib Jan 2012 #4

Response to HughBeaumont (Original post)

Sun Jan 22, 2012, 12:55 PM

1. "...it turned into the greatest opportunity of my life. "

Sure it did, because you landed a job with the Cato Institute writing LTTE's and posting on message boards...

People say that about divorce, too, but my mileage sure as fuck varied.

"No! It's really CANDY! Delicious Cotton CANDY!"-Milo Minderbinder, "Catch-22"

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Original post)

Sun Jan 22, 2012, 02:35 PM

2. living in cleveland i know to stay well away from the plain dealer

 

the p.d. also endorsed sb5 and it supports fracking other people's water supplies

Reply to this post

Back to top Alert abuse Link here Permalink


Response to leftyohiolib (Reply #2)

Sun Jan 22, 2012, 03:10 PM

3. Endorsed Kat$hit, Endorsed Bewsh, Endorsed Portman, DeWine, Etc.

The list of their brilliant insights goes on and on and on.

Kevin O Brien is the main reason we only get Sundays. The less I have to read of the Dumbest Columnist on the Planet, the better.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Reply #3)

Sun Jan 22, 2012, 04:52 PM

4. i get sundays for the crosswords the rest of it goes in the recycle bin

 

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread