I have a better term for what Romney's old company does
Lots of people use the term "vulture capitalism" to describe Bain, which isn't right--Bain was not interested in picking up the carcasses of old companies because carcasses can't pay management fees.
What Bain does is Jackal Capitalism. A jackal is an "opportunistic omnivore"--it both preys and scavenges.
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Willard stepped into a big trap here. His "strength" was being a "captain of industry"...claiming to be a job creator and pointing to his success in the "private sector" over that of his failed tenure in the public sector. Team Obama, as others, have gladly looked at his business record and now is using it to define him.
For the most part people understand what investment banking is about...and how that creates jobs and opportunities. Few have seen the dark side...the "profit is all that matters" game that Willard and Bain plays. It didn't help enrich people, it is being shown to have destroyed lives and the economy. It's going right to the core of who Mittens is and what type of "CEO president" he would be...and its downright scary.
The game between now and election day is to keep defining what preditory capitalism is all about...and put Mittens face to it. I like the term vulture cause it conjurs up this image...
