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View Diary: Mitt 'Let Detroit Go Bankrupt' Romney: President Obama laid off autoworkers (87 comments)

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  •  This is the thing: Romney sees it as "saving" (2+ / 0-)
    Recommended by:
    middleagedhousewife, JML9999

    companies if, two or three incarnations down the road, the company you destroyed ends up turning into a successful company.  If you threw thousands of people out of work and made money shuttering a company, only for that deal to end up passing through a couple of sets of re-structuring hands and ending up as some other company that becomes profitable, Romney is saying that the later success is entirely owing to the earlier destruction.

    Is he being disingenuous in claiming this, or is this the way that high financier B-school types see this sort of thing?

    That's one more thing to add to my long list of small problems. --my son, age 10

    by concernedamerican on Wed Jan 11, 2012 at 09:27:50 AM PST

    [ Parent ]

    •  It's a B-School thing (3+ / 0-)
      Recommended by:
      concernedamerican, DRo, sharman

      Using that logic the hospital gets to count you as a life they saved if your organs end up in others.

      Response: If you "got it" you wouldn't be a republican

      by JML9999 on Wed Jan 11, 2012 at 09:35:32 AM PST

      [ Parent ]

      •  But it seems to me that figuring out how this (1+ / 0-)
        Recommended by:
        JML9999

        B-school logic works, and pervades the ways in which business is done nowadays, and tax law protecting business is written nowadays, would provide a handle on coming up with an offense against Citizens United and the canard that "corporations are people."

        That's one more thing to add to my long list of small problems. --my son, age 10

        by concernedamerican on Wed Jan 11, 2012 at 09:37:05 AM PST

        [ Parent ]

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