On Wed, 8 Aug 2012 10:44:47 -0400, "Robert A. Leffingwell"
And you call that a pertinent fact?
>Using deductive reasoning, perhaps you can give us an example of how LBO
>guys created jobs.
I don't agree with a lot going on in business
and investing these days, the very purpose of
an economic system seems to have been lost
or forgotten, what seems important is that the
present trend in government is not having good
effects.
>> It is just another case of you assuming that
>> anybody can be lumped in a group, which is
>> never right, people are individuals, at least
>> those that avoid the liberal left and far left are.
>>
>> The details of a wheeler-dealer can't ever
>> be fully documented and examined, things
>
>
>And wrapping oneself into a mystery enclosed by an enigma is a quality you
>would want for a POTUS?
I had hoped the present one would do something,
anything that would change the downward trend,
whether or not it is his fault or not is not important,
4 years of trying is enough.
>> move too fast, if a person wants to sell, as
>> many people do when they have problems,
>> the guy ready to buy at an agreed price
>> should not be considered a bad guy.
>
>Since when LBO guys buy ANYTHING at an agreed-to price?
If things have gotten so bad the previous
owners were not in a position to agree on the
price, it was no longer a viable company.
The very premise of a small business
nation is that the inefficient companies fail,
and leadership change, or the company
cease to operate.
Large segments of industries have lost
out in the past, the railroads and others
lost almost everything.
>Every hear of the term, "greenmail?" That's creation of another LBO guy,
>Saul Steinberg.
More important is the companies that
succeeded and grew, it is not always the
fault of company management that it fails.
>When Bilzarian is released from jail, ask him about the agreed-to price for
>putting the Singer Corporation out of business.
Who buys sewing machines now?
>Ask the steel mill workers and the Indiana taxpayers about an agreed-to
>price when Bain took Indiana taxpayer money to keep the steel mill open
>while Romney salaried himself for $15million as CEO of the steel mill.
>After Romney paid himself, there was nothing left of the mill and it went
>Ch. 11.
Can I assume you don't know how to post
references?
>Not surprisingly, Romney learned his trade from the king of LBO guys, Victor
>Posner.
So it is more than the tax returns now?
Since I won't be voting, and it could not
make a difference if I did, why should I care.
I would prefer the president use the
remaining 3 months to do something to
make things better than depend on spin.
>> I don't know how this is going to play
>> out, and don't care as long as truth wins out,
>> and laws are followed.
>> Sorry to say it is not a good idea to follow
>> a road that seems to be going no place.
>
>If you wrap your life into an infinite loop of mystery and enigma, it could
>go on forever like a bug in a Microsoft operating system.
There isn't much chance of things getting
a lot better no matter who is president, but
I would not think any would expect a second
term without some measure of success.