In response to:

Obama's Layoff Bomb

Ann439 Wrote: Oct 31, 2012 9:16 AM
Romney’s Vultures Cash In On Auto Bailout, Tell GM And US Treasury ‘Give Us Our Money Or We Will Shut You Down’ (VIDEO) Romney may have argued “Let Detroit Go Bankrupt” in his 2008 New York Times editorial, but he and his wife still managed to cash in a whopping $15.3 million from the auto industry bailout. In this week’s exposé for The Nation, “Mitt Romney’s Bailout Bonanza,” investigative journalist, Greg Palast, explains how Paul “the Vulture” Singer — Romney’s friend, business partner, major donor, and key campaign adviser — extorted $12 billion from US. taxpayers.
Buck O Wrote: Oct 31, 2012 9:43 AM
Palast is a liar, and so are you.
SanguineSoothsayer Wrote: Oct 31, 2012 9:40 AM
Smart people make money no matter what. I'd rather invest the same way Romney does than "invest" the same way BHO does. The former makes money; the latter takes money.
wiseone Wrote: Oct 31, 2012 10:06 AM
Singer bought Delphi when no one else wanted it. He sold it for what it was worth AFTER the chump Obama made his illegal takeover of GM.

Obama's malfeasance with tax money at GM has cost taxpayers 10s of billions (so far). But all the trolls want to talk about is how a tiny portion of it wound up in Ann Romney's trust fund. They couldn't care less about all the bondholders that lost all their investment and the non-union GM employees that were stripped of their pensions by the UAW after Obama gave it control of GM.
Chuck3645 Wrote: Oct 31, 2012 9:38 AM
Your blaming someone for using a system that is proven to work in order to take them down? It was Nobama who put the events in motion that made this happen, not Ann or Mitt or Singer.
Marc_H Wrote: Oct 31, 2012 9:34 AM
just another lying POS democrat paid soros troll
wiseone Wrote: Oct 31, 2012 9:33 AM
This is what happens when an economically ignorant POTUS like Obama tries to use the force of gov't to rearrange the free market. He gets taken to the cleaners by the real pros.

Instead of bashing Romney for having a wife whose trustees have her money (successfully) invested in a "vulture capitalism" company you ought to be asking yourself why/how the "most brilliant President ever" got himself at their mercy.

The answer is simple. He is dishonest AND incompetent. If Bush had done this as Prez you would be blaming him instead of the vulture capitalists.
In June, a diffident and self-deluded President Obama claimed that "the private sector is doing fine." Last week, the private sector responded: Speak for yourself, buster. Who needs an "October Surprise" when the business headlines are broadcasting the imminent layoff bomb in neon lights?

The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 "mass layoff actions" (affecting 50 workers or more) in September; more than 122,000 workers were affected overall. USA Today financial reporter Matt Krantz wrote that "(m)uch of the recent layoff activity is connected to what's been the slowest period of earnings growth since the third quarter...