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WCGreen

(45,558 posts)
Wed Apr 18, 2012, 02:54 PM Apr 2012

Leveraging a company to get at its' pension funds is one level of evil...

But leveraging a country, that is despicable.

Does anyone really think Romney wont govern as close as he can to the way he ran Bain Capital?

When these guy say that the want to run the country like a business, we should all take cover.

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Leveraging a company to get at its' pension funds is one level of evil... (Original Post) WCGreen Apr 2012 OP
reagan said the scariest words were "i'm from the government and i'm here to help you". unblock Apr 2012 #1
Amen to that.. kentuck Apr 2012 #2
+1000 Wind Dancer Apr 2012 #3
Just look at where Junior's "corporate governance" left us. Lasher Apr 2012 #4
The company I worked for did that a few years ago. We went on strike for a doc03 Apr 2012 #5
It's what they're doing to the USPS thelordofhell Apr 2012 #6
Meg Whitman wanted to do that to California... CaliforniaPeggy Apr 2012 #7
Kicked and recommended. Uncle Joe Apr 2012 #8

unblock

(52,386 posts)
1. reagan said the scariest words were "i'm from the government and i'm here to help you".
Wed Apr 18, 2012, 02:56 PM
Apr 2012

if so, what the hell should we think when we hear "i'm from a private equity firm and i'm here to extract a profit"?

kentuck

(111,110 posts)
2. Amen to that..
Wed Apr 18, 2012, 02:58 PM
Apr 2012

If there is a time in history when we should not want a "businessman" in charge of the government, this is the time.

doc03

(35,389 posts)
5. The company I worked for did that a few years ago. We went on strike for a
Wed Apr 18, 2012, 03:07 PM
Apr 2012

defined benefit pension fund so our company did a hostile takeover of another company and took the excess funds in their pension to fund ours.

thelordofhell

(4,569 posts)
6. It's what they're doing to the USPS
Wed Apr 18, 2012, 03:39 PM
Apr 2012

That big fat 75 year funded retiree benefit fund is just ripe for the taking

CaliforniaPeggy

(149,737 posts)
7. Meg Whitman wanted to do that to California...
Wed Apr 18, 2012, 03:46 PM
Apr 2012

We said "no fucking way" and she lost.

The same thing *will* happen to Romney.

It had better.

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