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Posts Tagged ‘Bain Corporation’

I was just skimming the headlines on Yahoo news and came across the little fuss with Corey Booker, Mitt Romney’s corporate raiding practises, and the Obama campaign. Old Obeyme’s comments were so very like my own in my post entitled, FYI: Mitt Romney that I could swear his campaign people copied it word for word–almost. I haven’t been following this presidential race day by day but I have not heard this issue raised yet and certainly not in my own words so I am beginning to wonder.

Now you all know my views by now and if you don’t you can skim my posts on this subject. Both Obeyme and Romney are being backed by the same group. They have created a heads I win, tails you lose scenario by cheating Romney onto the Republican primary ticket through their dishonest manipulation of the Maine Republican Caucus. In much the same way, they got Obeyme into the White House in 2008. (They have all the under 25 year olds cell phone data and simply fed in about a million or four young voters who did not actually vote. Isn’t modern technology wonderful? Now the ballot box can be stuffed from the comfort of your own laptop–if you have access to the cell phone records of google or T-Mobile.)

In view of this odd coincidence, I will not be posting anything more about the presidential race. These two political imposters are neither one worth the price of a bullet and Obeyme certainly doesn’t need to be using my ideas for his own advancement. Now that the LGBT lobby has been allowed to pick the two major (supposedly opposing) players it won’t matter who gets in.

There is serious trouble ahead for our country, folks. But—I think we will be able to handle it when it  comes.

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Here is an item for the consideration of genuine conservatives and also those potential voters out there who are not enamored of any of the candidates, republican or democrat.

I have seen Mr. Romney portrayed as an astute and able businessman, conversant with the business world and better able to create jobs than any of the other candidates. Mr. Romney himself is especially vocal about these “qualities” and “talents” of his.

Now I have read a few pieces about the man, especially his association with the Bain Corporation. For those of you who have no knowledge of the working lexicon of the business world I will share what little I have and now looks like a good time for it.

A genuine businessman or woman builds a business. With talent,  good ideas, good ethics and good people skills. They either do this from the ground up, as in starting a business, or they take over from a retiring family member or fellow board person. In the latter case, other members of the board elect them to their position of leadership because they have shown abilities that will help the business to grow.

Then there are the “sharks” of the business world. They keep their eyes open for businesses that are not failing, bankrupt or in otherwise bad shape but are good, viable, going concerns that may have a vulnerability somewhere in their stock management that will allow what good business people all recognize as a “hostile takeover.” That means the new owners are not interested in running the business as is but are looking to sell off any liquifiable assets, fire a good portion of the people and make an instant cash killing in a short time. These particular types of sharks are known as “Corporate Raiders.”

Now, go back and reread some of the articles concerning Mr. Romney’s talents as used by the Bain Corporation. Mr. Wannabe President Romney is the textbook definition of the Corporate Raider. Do some research, it won’t hurt you. See if you can find out how many of the businesses Bain “restructured” were going bankrupt. You can’t make a large cash killing off of a bankrupt concern, creditors have first claim to all the assets. These predators of the business world only kill off the healthy.

How would you like him for President?

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