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View Diary: Cory Booker Just May Have Done President Obama a Favor (138 comments)

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  •  It does not even have to be about private equity (18+ / 0-)

    in general, just a look at Bain's actions under Romney.  Even just deals Romney was personally involved in. Keep the focus on Romney's record.

    “when Democrats don’t vote, Democrats don’t win.” Alan Grayson

    by ahumbleopinion on Tue May 22, 2012 at 07:49:41 AM PDT

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    •  Straw Man arguments about attacking private equity (8+ / 0-)

      NO ONE is attacking private equity per se. Whether we are talking only about Bain or simply about predatory business practice in general is different for attacking private equity. The straw man argument attempts to deflect attention and conflate venture capitalism where private financiers decide to invest in a company and watch the company grow and be more profitable with vampire capitalism that Bain practices.

      Moreover, the attack on Bain is a meta argument about people getting rich for destroying companies from w/in. They don't add any jobs or value to society. They are only interested in profit for themselves and their partners. Nothing else matters. Indeed, being profitable itself is simply not a enough. You have to exceed profits every quarter or you will be on your ass in the predatory world of bully Willard Romney.

      •  "You have to exceed profits every quarter" (1+ / 0-)
        Recommended by:
        satanicpanic

        Unfortunately, this is what an economy driven by Wall Street comes to. If you do not meet the Street anticipated profit targets, your stock is hammered which in turn slashes the compensation of the management class. Hence the ruthless drive for profits above all other criteria.

        “when Democrats don’t vote, Democrats don’t win.” Alan Grayson

        by ahumbleopinion on Tue May 22, 2012 at 10:22:41 AM PDT

        [ Parent ]

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