Is Romney a “Predatory Corporate Raider”?

Jan 10, 2012 | Posted by: Politix Staff Ed | Full story: online.wsj.com

Politics Staff Story

Romney has staked his campaign on his business experience and job creation record as CEO of Bain Capital. But a new campaign ad for Newt Gingrich lays into Romney as a

“Wall Street corporate raider” who “got rich at the expense of American Workers.”

The ad features Americans who lost their homes after being laid off by Bain under Romney's leadership.

The Wall Street Journal reports that there’s substance to the accusations. With Romney at the helm, over one fifth of companies Bain invested in went bankrupt or closed down within eight years of the company's involvement.

But conservative pundit Michelle Malkin points out that Newt’s attacks on Romney are also attacks on capitalist enterprise. She writes that

“incompetent non-Romneys have morphed into Michael Moore propagandists — throwing not just Bain Capital under the bus, but wealth creators of all kinds who take risks in the private marketplace.”

Weigh in: is Romney a “predatory corporate raider” or a legitimate wealth creator?

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Since: Nov 08

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#1
Jan 10, 2012
 

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New Obama Chief of Staff: Former Hedge Fund Exec at CITI, Made Money off Mortgage Defaults...Obama still in Wall Streets Pocket.

Obama: Republicans Threaten 'Very Core of What This Country Stands For'... The liar in chief speaks about civility……hahahaha.

Forget the $3 lunch, Obama charges $45,000 per head in no-press-allowed fundraiser...hahahahaha so much for transparency

Michelle distressed about power of 'white Irish Catholic'...Michele the Racist……….my my dooooos Irish white folks doan buy Barrack’s crap no mo.
Gravediggers

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#2
Jan 10, 2012
 

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Romney has charisma! And experience!

If Republicans don't watch out, they will be the ones to lose the presidential race with all their attacks on Romney. Ofcourse the attacks 'prepare' Romney and 'air out' what tactics Obama may try to employ.

NObama in 2012! Reclaim the Senate and that's just to rebalance our government.

Democrat Senator Harry Reid has been Senate Majority leader since 2007....going on for 5 years now! He's a culprit in the damage done to our country.

We've ousted Pelosi who was Speaker onto Reid.

“BILLARY 2016 ”

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Jan 10, 2012
 

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Le Jimbo wrote:
New Obama Chief of Staff: Former Hedge Fund Exec at CITI, Made Money off Mortgage Defaults...Obama still in Wall Streets Pocket.
Obama: Republicans Threaten 'Very Core of What This Country Stands For'... The liar in chief speaks about civility……hahahaha.
Forget the $3 lunch, Obama charges $45,000 per head in no-press-allowed fundraiser...hahahahaha so much for transparency
Michelle distressed about power of 'white Irish Catholic'...Michele the Racist……….my my dooooos Irish white folks doan buy Barrack’s crap no mo.
Hey le Moron....I see the new year didn't usher in any new brain cells for ya. Too bad. That one you have is getting lonely.

“BILLARY 2016 ”

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#4
Jan 10, 2012
 

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Romney is not only a job killer,
he's a cultist whom Xtians will
never vote for so....

THANK YOU GOP for giving us the cult Ken doll as your candidate. Obama is going to kick his well tanned ass.
liza

Bridgeport, WV

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Jan 10, 2012
 

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The morons are the ONES who don't know we have
already lost..There just might be someone handing
you a rope to save your worthless a$$eS but your
not smart enough to grab it... Fate just might
be ready to give you his rope to hang yourself.
You will deserve it.Just remember Obama owns you
and its him dangleing his rope. Put your faith
in him again, you haven't learned a thing yet.
Dumb and dumber..You only know one word...BLAME

“Shoot for the stars”

Since: Dec 10

Planet Earth

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Jan 10, 2012
 

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x0x0x wrote:
Romney is not only a job killer,
he's a cultist whom Xtians will
never vote for so....
THANK YOU GOP for giving us the cult Ken doll as your candidate. Obama is going to kick his well tanned ass.
President Obama doesn't have to worry about losing to any of the GOP idiots running. They are all pathetic losers with shady backgrounds and using christianity to hide behind. Newt, for exaple, cheated on all three wives and played the christian whining game for forgiveness each time and that proves he'll cheat on business partners and the country. little Ricky Santorum is a boot licker for his nazi pope who wants Catholic theocracy in the US, which will cause civil war and the RCC has a history of starting wars. Romney is good at cutting jobs to save and make money for his Mormon cohorts to keep them and himself wealthy and could give two $&%#¥ about the rest of the country as long as Mormonism can also have a strong foothold in politics too and that also includes Huntsman. Ron Paul is senile and flip flops for votes. Perry is also a liar when it comes to his self praise for job creation in Texas, which is the minimum wage state if you're not in oil or cattle. The Bushes, Paul and Perry are all from Texas and so far they've been all crooks.
Justin

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#7
Jan 10, 2012
 

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Who gave Trillions of tax payer dollars to Wall Street?
It wasn't Romney; it was Obama.
Pamela

Citrus Heights, CA

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Jan 10, 2012
 

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First Fox told their cult followers that capitalism is perfect, that capitalism is so great, that it is the total solution for this country. Now, Newt Gingrich is attacking the same capitalism Fox said was so perfect, but Fox is running Newt, doing his campaign for him and Newt worked on Fox for the past several years and only quit just now because he had to do so in order to run for president. So how does Fox tell it's followers to say that capitalism is so great, and now they are trying to sell it that capitalism is so horrible, that Wall Street is so evil??? Newt is desperate, he's no good. Newt is now feeding stuff to the far left. Ed Schultz watched Newt's 27 minute ad against Romney, and he's using it to slam Romney so now Newt is feeding the far left. Wow. Fox is going under from all of their corruption, and this makes Newt look like the nut job that he is. He goes from one crazy mess to another while he keeps telling everyone how smart he is, yet none of his behaviors are smart.

Since: Dec 07

Kemp, TX

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Earth Child 1 wrote:
<quoted text>President Obama doesn't have to worry about losing to any of the GOP idiots running. They are all pathetic losers with shady backgrounds and using christianity to hide behind. Newt, for exaple, cheated on all three wives and played the christian whining game for forgiveness each time and that proves he'll cheat on business partners and the country. little Ricky Santorum is a boot licker for his nazi pope who wants Catholic theocracy in the US, which will cause civil war and the RCC has a history of starting wars. Romney is good at cutting jobs to save and make money for his Mormon cohorts to keep them and himself wealthy and could give two $&%#¥ about the rest of the country as long as Mormonism can also have a strong foothold in politics too and that also includes Huntsman. Ron Paul is senile and flip flops for votes. Perry is also a liar when it comes to his self praise for job creation in Texas, which is the minimum wage state if you're not in oil or cattle. The Bushes, Paul and Perry are all from Texas and so far they've been all crooks.
Average wage in Texas is over $15 an hour you lying far left moron. Why don't you idiots check things out before shooting your big mouth off. Texas leads the nation in job creation, green energy production, and many other catagories thanks to Bush and Perry and republican leadership. Your propaganda is based on non researched meth highs.

http://www.bls.gov/oes/current/oes_tx.htm
Sheik Yerbouti

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The only difference is that rethugs openly admit that they are in bed with wall street sociopaths while the dems try to hide their involvement.

Since: Dec 07

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Sheik Yerbouti wrote:
The only difference is that rethugs openly admit that they are in bed with wall street sociopaths while the dems try to hide their involvement.
Google it, nobama and the dems are more involved than anyone realizes!

“Shoot for the stars”

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Planet Earth

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Bluebonnets-Thistle wrote:
<quoted text>
Average wage in Texas is over $15 an hour you lying far left moron. Why don't you idiots check things out before shooting your big mouth off. Texas leads the nation in job creation, green energy production, and many other catagories thanks to Bush and Perry and republican leadership. Your propaganda is based on non researched meth highs.
http://www.bls.gov/oes/current/oes_tx.htm
Typical response from a brainwashed Repub. You have one oil billionaire earning $200M a year for every 20,000 minimum-wage earners, but to you that's OK because the "average" is $15 an hour. Lets see, a state with a bunch of big mouth christians and all your prayers got you were droughts, fires , the Bush Whacked family, Ron Paul and Rick Perry. Yeah, you've got nothin'.
Awake and Aware

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#13
Jan 10, 2012
 

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Romney would sell his mother if he could make a buck off of it.

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#14
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A predatory raider, of course. Malkintent's rantings only underline the fact.

Holding companies like Bain exist to buy up other companies, loot them, and dispose of the remains, including workers. That's one of the many objectionable things about this creep.

“So long to you, Righties”

Since: Jan 12

keep suckin' and whiffin'!

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#15
Jan 10, 2012
 

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Bluebonnets-Thistle wrote:
<quoted text>
Average wage in Texas is over $15 an hour you lying far left moron. Why don't you idiots check things out before shooting your big mouth off. Texas leads the nation in job creation, green energy production, and many other catagories thanks to Bush and Perry and republican leadership. Your propaganda is based on non researched meth highs.
http://www.bls.gov/oes/current/oes_tx.htm
ROTFLMAO! You must work for the Texas Chamber of Commerce.
Justin

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Jan 10, 2012
 

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Awake and Aware wrote:
Romney would sell his mother if he could make a buck off of it.
Yo mamma's so ugly, she searches the sex offender registry looking for dates.
Go Blue

West Palm Beach, FL

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#17
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"A Predatory Corporate Raider?" ....he is perfect for the GOP......

Since: Dec 07

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tha Professor wrote:
<quoted text>
ROTFLMAO! You must work for the Texas Chamber of Commerce.
No, just a thorn in the left socialist lies. Check the web site I posted, Rachel.
HTS

Williston, ND

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Earth Child 1 wrote:
<quoted text>President Obama doesn't have to worry about losing to any of the GOP idiots running. They are all pathetic losers with shady backgrounds and using christianity to hide behind. Newt, for exaple, cheated on all three wives and played the christian whining game for forgiveness each time and that proves he'll cheat on business partners and the country. little Ricky Santorum is a boot licker for his nazi pope who wants Catholic theocracy in the US, which will cause civil war and the RCC has a history of starting wars. Romney is good at cutting jobs to save and make money for his Mormon cohorts to keep them and himself wealthy and could give two $&%#¥ about the rest of the country as long as Mormonism can also have a strong foothold in politics too and that also includes Huntsman. Ron Paul is senile and flip flops for votes. Perry is also a liar when it comes to his self praise for job creation in Texas, which is the minimum wage state if you're not in oil or cattle. The Bushes, Paul and Perry are all from Texas and so far they've been all crooks.
I can see from your pathetic ignorant rhetoric that you're nothing less than a Marxist liberal and therefore devoid of ANY MORAL COMPASS. You are also a hateful religious bigot who knows NOTHINH of what you're talking about. Romney will fumigate the putrid stench that has been festering in the White House for the past three years and restore dignity and freedom to this country. Obama's supreme goal has been to create a nanny state of ignorant, lazy citizenry,.
Awake and Aware

Saint Louis, MO

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Bain Capital is invested in Chinese companies.

Romney says he wants US jobs, but the company that he started has Chinese firms in its portfolio.

http://www.baincapitalprivateequity.com/Inves...

This is shocking. A US Presidential candidate has direct financial ties to Bain Capital, having started that company.(see wiki at http://en.wikipedia.org/wiki/Bain_Capital

According to Bain Capital's own list, here is the list of the investments in that portfolio:

Sinomedia Holding Limited

Location: China
Investment Year: 2006
Sinomedia is a leading media advertising operator in China and provides TV advertising services nationwide. Sinomedia is one of the largest underwriters of TV advertisement time for China Central Television Station.

China Fire and Security Group, Inc.

Location: China
Investment Year: 2011
Leading industrial fire safety product manufacturer and solution provider in China.

JinSheng International

Location: China
Investment Year: 2007
JinSheng is an operator of shopping malls for home improvement/deco products, furniture, electronics and general merchandise retailers.

Suzhou HiPro Polymers

Location: China
Investment Year: 2007
Suzhou HiPro Polymers is a leading enterprise specialized in production and marketing of bio-renewable high performance polyamides from the natural resource castor oil.

More on Bain Capitol

Romney says he wants to end Obamacare.

Romney has ties to Bain Capital.

Bain Capital owns...wait for it... a piece of Minute Clinic.

http://www.baincapitalventures.com/portfolio/...

QUOTING Bain's own website:

"Bain Capital Ventures was the largest institutional investor in MinuteClinic. Bain Capital Ventures’ funding allowed MinuteClinic to expand into several major metropolitan areas across the United States beyond current locations in Minneapolis-St. Paul and Baltimore."

So, do the doctors out there really think that this guy Romney and his party represent the AMA's interests?

Romney was the funding source for the Minute Clinic operations that are in the CVS pharmacies and directly competing with the small doctors across the nation.

Romney is certainly going to be against "ObamaCare", because he wants "RomneyCare" first. This is probably why Romney supported the Massachusetts state take over of medical care.

The man's own firm had a link to the CVS Caremark deal to buy MinuteClinic. Romney and Bain must have made a fortune in that flip.

Hat tip to SSJ

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