HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Toledo Blade Editorial: D...
Introducing Discussionist: A new forum by the creators of DU

Wed Jul 18, 2012, 08:08 AM

Toledo Blade Editorial: Don't Complain----Explain

Published: 7/18/2012

Editorial
Don't complain -- Explain


Mr. Romney says he cannot be held responsible for a Bain-owned steel plant that went bankrupt in 2001, claiming he had no active operating role at Bain Capital after 1999. But the Boston Globe, citing corporate documents filed by Bain with the Securities and Exchange Commission, reported that Mr. Romney remained chief executive of the company through 2002.


http://www.toledoblade.com/Editorials/2012/07/18/Don-t-complain-explain.html

2 replies, 648 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 2 replies Author Time Post
Reply Toledo Blade Editorial: Don't Complain----Explain (Original post)
Dalai_1 Jul 2012 OP
HereSince1628 Jul 2012 #1
Dalai_1 Jul 2012 #2

Response to Dalai_1 (Original post)

Wed Jul 18, 2012, 08:35 AM

1. That Romney had no operating role in a steel company he was vandalizing makes perfect sense to me.

His business model seems to have been as much or more tuned to realizing liquidity of his takeovers than profitable operation. He certainly had no special knowledge or experience to make operating decisions in the areas of business and industry of the companies he captured.

Consequently, his statement is probably not a total untruth, but rather an acknowledgement of his modus operandi, which most Americans will find abominable.

Mr. Romney doesn't want to discuss his income or Bain's revenue stream because average people won't understand, and their perspective of Bain and Romney "will be distorted" and completely miss the goodness and path to success vulture capitalism has provided Romney.


Reply to this post

Back to top Alert abuse Link here Permalink


Response to Dalai_1 (Original post)

Wed Jul 18, 2012, 08:42 AM

2. This will bode well

for our President in Ohio ,November!

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread