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Reload this Page The Best Way To Attack Bain Capital/Romney
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The Best Way To Attack Bain Capital/Romney - May 28th, 2012, 06:43 AM

It is not enough to say that Bain Capital had a few failures. That's life.

When you consider the Bain Capital projects 22% of them failed which means that 78% of them succeeded.

So Obama will point to the 22% that failed and Romney will point to the 78% that succeeded.

Obama, in the end, will lost that argument.

Here is a better approach when it comes to Bain.

Romney's argument - My years at Bain Capital gives me experience as a job creator.

Romney's argument put to the test - How did Massachusetts stand in job creation when Romney was Governor?

Romney failed the test - Massachusetts was in 47th place in job creation when Romney was Governor.

What is Romney's response to that?



   
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May 28th, 2012, 07:28 AM

If I was Romney, I suppose I'd point out to how slowly we're recovering from the economic mess he and his party put us in. And I'd try to show that it was all Obama's fault.

The real concern is whether or not Obama's rising popularity is creeping back up fast enough to give him a safe lead by fall. The economy is still healing a lot slower than the democrats would like, but a lot faster than the republicans hoped for.

Should be interesting.





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May 28th, 2012, 08:25 AM

Quote:
Originally Posted by The Barbarian View Post
If I was Romney
A not-from-Obama attack on Bain / A different approach
http://youtu.be/da9hpDOY-Ig



   
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May 28th, 2012, 09:27 AM

It would be amazing to just stick with the facts - Was Romney a businessman who could limit government to allow the public sector to create jobs -47th out of 50 isn't something to brag about.

The government doesn't create jobs, it may hinder through regulation, and taxation - at best it creates an environment where the private sector can create jobs.
Would Obama be more pro private sector than Romney? Theoretically it appears that Romney would have the advantage in this debate.

Obama just for the record did receive money from Bain, and will not return it, so what does that tell you?



   
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May 28th, 2012, 12:05 PM

Quote:
Originally Posted by 99lamb View Post
Obama just for the record did receive money from Bain, and will not return it, so what does that tell you?
I hadn't heard that? Is it true or just a scam? Did Bain ask for it to be returned if it is true?



   
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May 28th, 2012, 12:22 PM

History has shown that Romney's whole claim that his business experience at Bain would give him an advantage over Obama in managing America's economy, is suspect at best.

Herbert Hoover had busniess experience as a self-made newspaper publisher, and conventional logic would assume that such a background could translate into a decided advantage for any president.

Repeated surveys, however, have concluded that the presidency of Herbert Hoover qualifies as the worst in American history. Hoover is held in such low esteem that he is actually ranked well below William Henry Harrison, a president who died after only 32 days in office.

The general consensus for America's best presidents has been Lincoln, FDR and Washington - not one of which would claim to have extensive experience as a businessman before entering office.

http://en.wikipedia.org/wiki/Histori..._United_States



   
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May 28th, 2012, 12:36 PM

So Romney took part in the looting and profited from destroying jobs and looting pension funds.

And now we find that Obama has taken contributions from Bain.

As usual, we're offered the choice between evil and not-quite-as-evil. No thanks, I'm voting a third party. If everyone did that, the major parties would clean up their acts.





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May 28th, 2012, 12:38 PM

Quote:
The general consensus for America's top presidents has been Lincoln, FDR and Washington - not one of which would claim to have extensive experience as a businessman before entering office.
Different skill set. A good businessman works diligently to destroy competitors and to get as much profit from his customers as possible. This is probably not a good thing for those who are making laws for us.

Just saying.





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May 28th, 2012, 01:29 PM

Quote:
Originally Posted by Eeset View Post
I hadn't heard that? Is it true or just a scam? Did Bain ask for it to be returned if it is true?
Bain is giving money to both sides so no matter who wins - Bain will have some influence with the winner.

To be fair, Obama didn't say Bain was without value, he said Romney at Bain learned how to make profits for his investors but the President is not just concerned with the investor class.



   
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May 28th, 2012, 03:56 PM

Bain Capital, would anyone suggest that venture capital firms are not a valuable resource and sometimes the only resource for start up companies when traditional banking institutions will not lend money.
So why if not for political reasons Gordon Geko Romney.
The issue now is can Romney claim that his business skills in the private sector make him more favorable to job creation, when as Gov. he was 47th out of 50.
Obama favors unions while I would suggest Romney will have to be on the side of business and small business owners.
As for Hoover the recession was on a turn when FDR took over, and like Obama, FDR's economic policies exacerbated the problem. The Boom Bust cycle is a part of business, its a correction.



   
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May 28th, 2012, 03:58 PM

Quote:
Originally Posted by bigbang123 View Post
Bain is giving money to both sides so no matter who wins - Bain will have some influence with the winner.

To be fair, Obama didn't say Bain was without value, he said Romney at Bain learned how to make profits for his investors but the President is not just concerned with the investor class.
Bain used private capital for investments, the President used taxpayer money for 'his' Solyndra ventures.



   
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May 28th, 2012, 05:16 PM

Its not just about job creation but about how much thoes jobs pay in relation to the costs of things like real estate and other goods and services. Just creating jobs is not enough, we have enough low end service jobs we need real jobs back in this nation again that pay high wages.



   
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May 28th, 2012, 06:08 PM

Quote:
Originally Posted by 99lamb View Post
Bain used private capital for investments, the President used taxpayer money for 'his' Solyndra ventures.
Yes, let's compare and contrast Romney's and Obama's success.

Bain and GM



   
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May 28th, 2012, 06:31 PM

Remember, Obama wasn't trying to personally profit from the GM bailout, as Romney was with the looting of corporations.

Obama administration officials from that time and outside experts dispute Romney's argument that the private sector had the willingness or wherewithal to fund the reorganizations. They say closing both companies would have been the only alternative to a bailout.

"It was the government or nothing," said Conway.

Even some critics of the bailout agree. Bill Wilson, the head of Americans for Limited Government, calls Romney's argument of private funding a "fantasy."

http://money.cnn.com/2012/02/16/news...lout/index.htm

Think of all the money some corporate raider could have made by taking over the auto companies, and selling off their assets. It probably seems like a terrible waste to Romney.





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May 30th, 2012, 08:25 AM

Quote:
Originally Posted by 99lamb View Post
The Boom Bust cycle is a part of business, its a correction.
Here is the question - Has GOP obstruction (saying no to POTUS' job bills) slowed down the recovery process and if that is so, who should the voters punish - the GOP or the President?

You know what I think or haven't I been clear enough?



   
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