Why Bain Questions Matter

[Yo_Mama_Been_Loggin]

By Eugene Robinson


WASHINGTON -- Who are the dastardly enemies of free enterprise who decided to make an issue of Mitt Romney's tenure at the private-equity firm Bain Capital? Er, those would be his fellow Republicans.

Listen to what Newt Gingrich said in January: "The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I'll let you decide if that's really good capitalism. I think that's exploitation."

Or what Rick Perry said that same month: "There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business. I happen to think that that is indefensible."

When Democrats say things like that, they're accused of being Bolsheviks who want to destroy capitalism. But even in the context of the GOP primary battle, where "moderate" was the ultimate epithet, Romney's actions at Bain were seen as raising a legitimate and important question: Shouldn't free markets serve the American people, rather than the other way around?

http://www.realclearpolitics.com/articles/2012/05/25/why_bain_questions_matter_114277.html

[aint_no_life_nowhere]

1. Blue Horseshoe loves Bluestar Airlines

I think the concept of the corporate raider has become well-established in the popular culture as being a particularly harmful type of capitalism. I don't think very many people are fooled by the Republican party's desperate efforts to paint Obama's criticism of Romney as a criticism of capitalism itself.

[Hubert Flottz]

2. If it's too "Wrong" and "Indefensible" for Rick Perry...

then it's far lower than your every day, garden variety, snake's belly, in a wagon rut.

Newt's "decide if that's really good capitalism" then Newt, maybe we should really look at the shape the Bush crew left our economy in.

I never thought that anything was "Indefensible" to a republican politician. Mitch would destroy the country even worse than the Bush gang had done already by 2008, in order to Win over president Obama. What I think is "Indefensible" these borderline treasonous antics of Mitch and Boner and "friends."

[blm]

3. Bain 'advisors' have also been 'advising' American companies to outsource jobs to low-wage countries

for many years. How many American jobs have been lost over the years to Bain's advice and strategies for other American companies?