In response to:

Romney on Offense Over Dependency 'Gaffe'

skytroop6 Wrote: Sep 19, 2012 1:46 PM
Can Romney point to a single instance he took over a company and raised wages, increased benefits, or shored up a defined pension plan? Of course he can't. It's no surprise that he treat the American public the same way he treated workers, as numbers. What does he think, that he can fire half of America as President?
restoreliberty Wrote: Sep 19, 2012 4:34 PM
Please provide us the data showing the Romney fired anyone. So far the entire left wing (formerly free press) has yet to come up with a single instance, so prove to us that you have superior investigative skills the entire media complex.
skytroop6 Wrote: Sep 20, 2012 9:11 PM
@restoreliberty Thomas Jefferson said democracy requires an informed citizenry to succeed. A few weeks from a Presidential election you have not become informed ? Checkout the story of Ampad where hundreds lost their jobs. It's too complicated to explain here. The point is this Romney has never been in business to create jobs, raise wages, or benefits. His business was creating wealth for the general partners and investors. If more profits could be made by selling all the assets, raiding the pension fund if there was one, and firing all the employees that's what they did. The motivation was always wealth for themselves and investors, not employees. They were merely faceless numbers. The problem is Romney running as what he wasn't.
Becca in TX Wrote: Sep 19, 2012 1:59 PM
In the first place, by the time Bain got involved a company was in serious trouble. So, no, as a general rule they didn't go in and increase expenses in a company that was already on the edge. DUH! Some of those companies couldn't be saved, but many were and those employees kept their jobs.
skytroop6 Wrote: Sep 20, 2012 8:44 PM
Becca this forum does not offer the space to show you what Bain did. If you want to know what they were doing read on Leveraged Buy Outs (LBO). Basically you use debt to buy a company. Usually the smallest share is put up by the general partners. The borrowed money now goes on the Company balance sheet. The partners exact a fee for the buy transaction, plus they take a tax deduction for the interest paid on the debt. The purchase price added to the company's balance sheet makes it appear more profitable than it is. If you're actually interested follow the twisted, contorted tale of Bain and Ampad, which ultimately was forced into a chapter 7 liquidation.
hardrockstar Wrote: Sep 19, 2012 1:52 PM
Well he seems to value Donald Trump's advice so who knows.
TaxFree1031 Wrote: Sep 19, 2012 1:51 PM
Let's start with Staples, then move to Bright House, as well as hundreds of other successful turnarounds and joint ventures.
clarityseeker2 Wrote: Sep 19, 2012 1:54 PM
Once again, a no-nothing asking others to do her homework. Consider the source...
skytroop6 Wrote: Sep 19, 2012 2:29 PM
Staples? Do you actually know what the average wages are for Staples employees? If you think working the floor there puts you in the middle class, you're as tone deaf as Romney. Here's more, Staples was not Romney's idea. Romney has never had an idea to make and sell a product. You know, things. Romney didn't build and expand Staples, the CEO did. Apparently you believe that banks and private equity companies are responsible for the success of every business they loan money? If true, then the opposite is also true every company that fails is also their responsibility? Finally, you didn't answer my question. I wonder why? Btw Staples ran thousands of independent office supply stores out of business with the resultant loss of those jobs.
Buck O Wrote: Sep 19, 2012 2:43 PM
Hmm...let me think...I'll bet their wages are more than 0.
skytroop6 Wrote: Sep 19, 2012 8:54 PM
Hmmmm their wages can leave a worker in still in that 47% that Romney disparaged. So here they are working for a living and their fellow Americans like you are still calling them parasites? How many of them are Republicans? Surely some are, but that doesn't stop you from hating and speaking dismissively of them. If anyone is engaging in class warfare it's people like you. You don't even give a damn that some in that 47% you so hate damn near gave their lives defending this country. They are that less than 1% that we collectively will owe more than a $1 trillion dollars over their life time.

Yes, Romney chose a relatively friendly venue for this exchange -- but Neil Cavuto didn't exactly let the GOP nominee off the hook by lobbing softballs.  Nor did he badger Romney with sanctimonious scolding or apology trolling, a mindless mainstream media specialty.  High marks for this interview:
 


In this case, the best defense is a good offense, so Romney mentioned the newly (and not coincidentally) released Obama