Published on May 21, 2012 by mittromney

President Obama's attacks on free enterprise have triggered a backlash among many—even among those in his own party. In just the past few days, everyone from former advisors to his own surrogates have criticized the Obama campaign's attack on free enterprise. With no record to run on, it is no surprise that the Obama campaign has resorted to misleading attacks that have been disavowed by its own supporters.

Has clips of Cory Booker, Harold Ford Jr., etc... regarding President Obama attacking Bain Capital.

sabrina 1

(62,325 posts)

10. And this is why these corporate tools tools need to be kicked out of the party.

Reply to WillyT (Reply #8)

Thu May 24, 2012, 02:43 PM

May 2012

Add Joe Lieberman, who joined in this week by refusing to say who he will be voting for in the Presidential Election. Bought his Senate seat with Corporate funds after he was rejected in the primaries. Betrayed his party, but returned to DC and received a standing ovation, by that the party he betrayed. Then he supports McCain/Palin in the most important election of our times. But none of this prevented Democrats from rewarding him with Chairs of committees.

And once again he is ready to slap Democrats in the face. His refusal to say who he will vote for tells me he is waiting for the right moment to announce his support for Romney.

If anything makes it clear that the Dem Party needs to purge these stealth Republicans from the party, Booker, Ford, Lieberman not to mention all the others who have yet to show their true colors, demand that the Dem Party starts cleaning house and removes any support for any of these fakers in any future elections. Yes, I know Lieberman is retiring but the harm he has done and is doing, while still retaining his perks from the Dem Party, is sickening.

kentuck

(115,406 posts)

6. If they are that naive...

Reply to WillyT (Original post)

Thu May 24, 2012, 02:29 PM

May 2012

..then they have no business on television tearing down this President. It is embarrassing and nauseating to watch.

Romney said on FOX News this morning that 80% of the LBO's succeeded. Why did 20% fail? Is that supposed to be good as they suck these companies dry?

jtuck004

(15,882 posts)

11. Mi$$ Rmoney is a liar. The book "The Buyout of America" by Josh Kosman list failures,

Reply to kentuck (Reply #6)

Thu May 24, 2012, 03:00 PM

May 2012

by name and company. Page 209 has a chart with the 10 largest LBO's of the 90's. Only one was better off (General Instrument), 3 were no change, and 6, such as Saks, Vertis, Borden were worse off, mostly bankrupt.

He also doesn't tell us that between now and about 2015 there are hundreds of billions of leveraged debt (they often buy these with loans that have a "balloon payment" at the end that needs to be paid or refinanced) coming due, and if they cannot refinance these deals, often made in an era when credit was cheap and underwriting was criminal, now in an era when standards have been tightened, we may see those bankruptcies drive the country into a recession again.

The LBO companies create no wealth. The "wealth" was all made by the workers and inventors. stolen by leaches like Rmoney and his ilk.