> He loads the companies, NOT Bain, with debt, restructures them, and
> charges "consulting fees," among other payments. The managers of Bain
> always made money, whether or not the company did well. And Romney
> himself, who was guraranteed compensation no matter how Bain worked
> out, took no risks either:
No shit, stupid. That's how venture capitalism works. It's a job, a function, a service. Just like sitting on your fat ass behind a government desk and signing blacks up for welfare checks.
Just because you're too stupid to compute interest and work a balance sheet doesn't mean it's bad.
Let's simplify this for you.
Companies who deal with venture capitalists fall into narrow categories.
1. The company is at risk because of declining markets, overloaded pension debt, outdated expensive technology, mismanagement, corruption, union contracts, etc.
2. It's a startup. Startups are always risky.
3. The management of the company has assessed their long term viability and determined that the company will fail because it will no longer have relevance in 5, 10, 15 years. They want to maximize financials before it tanks.
4. Sale of a company.
A venture capitalist is brought in to analyze the company and determine where they can optimize their operation and financials. They bring in experts, trim deadwood, help streamline processes, update managment systems and equipment if that is what is needed. And yes, they get paid for their efforts just like the electric company gets paid. They get paid on a percentage basis as agreed up front.
What's the problem with getting paid for doing highly skilled work?
If you were in business, you wouldn't last long with a liberal philosophy of breaking even, or making 1% on every deal.
Discussion subject changed to "Racism Among Romney Supporters. What On Earth Does Race Have to Do With Romney's Want of Entrepreneurial Risk?" by Lisa Lisa
> > He loads the companies, NOT Bain, with debt, restructures them, and
> > charges "consulting fees," among other payments. The managers of Bain
> > always made money, whether or not the company did well. And Romney
> > himself, who was guraranteed compensation no matter how Bain worked
> > out, took no risks either:
> No shit, stupid. That's how venture capitalism works. It's a job, a
> function, a service. Just like sitting on your fat ass behind a
> government desk and signing blacks up for welfare checks.
None of what you just wrote had any value at all, nor any connection
to Romney's actual work history.
Romney and Bain's management made money no matter how their
"restructuring" worked out. Moreover, he was promised his old job,
with all the raises, if Bain didn't work out. That's not capitalism;
that's a sinecure.
Romney is no entrepreneurial hero. Far from it---he was given
guarantees that no capitalist should have. Romney reminds me of the
churchmen who held office in the old Catholic church. They got an
income, but did no work. I can't think of anything else to compare
Bain to.
> Just because you're too stupid to compute interest and work a balance
> sheet doesn't mean it's bad.
> Let's simplify this for you.
Don't bother. You've already revealed yourself to be an anti-
capitalist racist. You don't believe capitalists need to take risks,
so you aren't a proper capitalist. Goodbye.
> On Sep 30, 5:51 pm, Deke <d...@charter.net> wrote:
> > On 28 Sep 2012, Lisa Lisa <harryharr...@yahoo.com> posted somenews:0735e3
> 04-f321-402f-a0e4-f3aecc6f2...@a11g2000yqb.googlegroups.com:
> > > He loads the companies, NOT Bain, with debt, restructures them, and
> > > charges "consulting fees," among other payments. The managers of Bai
> n
> > > always made money, whether or not the company did well. And Romney
> > > himself, who was guraranteed compensation no matter how Bain worked
> > > out, took no risks either:
> > No shit, stupid. That's how venture capitalism works. It's a job, a
> > function, a service. Just like sitting on your fat ass behind a
> > government desk and signing blacks up for welfare checks.
> None of what you just wrote had any value at all, nor any connection
> to Romney's actual work history.
So? Obama doesn't have any work history either. Banging your jaws together doesn't really count as work in my book.
> Romney and Bain's management made money no matter how their
> "restructuring" worked out. Moreover, he was promised his old job,
> with all the raises, if Bain didn't work out. That's not capitalism;
> that's a sinecure.
The govenment works that way. What's the problem? What's good for the government is not good for the people?
> Romney is no entrepreneurial hero. Far from it---he was given
> guarantees that no capitalist should have. Romney reminds me of the
> churchmen who held office in the old Catholic church. They got an
> income, but did no work. I can't think of anything else to compare
> Bain to.
Warren Buffet? Carl Icahn?
> > Just because you're too stupid to compute interest and work a balance
> > sheet doesn't mean it's bad.
> > Let's simplify this for you.
> Don't bother. You've already revealed yourself to be an anti-
> capitalist racist. You don't believe capitalists need to take risks,
> so you aren't a proper capitalist. Goodbye.
Obama is an anti-capitalist racist communist. How do we get rid of him?
> Lisa
This isn't Lisa Agnes Gardner hanging out in the black groups is it? You sound like her.
Discussion subject changed to "Romney Talks About Stripping Companies of Their Wealth. He Himself Took No Risks, and Never Lost Money. I Don't Call That Capitalism." by Nickname unavailable
> > He loads the companies, NOT Bain, with debt, restructures them, and
> > charges "consulting fees," among other payments. The managers of Bain
> > always made money, whether or not the company did well. And Romney
> > himself, who was guraranteed compensation no matter how Bain worked
> > out, took no risks either:
> No shit, stupid. That's how venture capitalism works. It's a job, a
> function, a service. Just like sitting on your fat ass behind a
> government desk and signing blacks up for welfare checks.
> Just because you're too stupid to compute interest and work a balance
> sheet doesn't mean it's bad.
> Let's simplify this for you.
> Companies who deal with venture capitalists fall into narrow categories.
> 1. The company is at risk because of declining markets, overloaded
> pension debt, outdated expensive technology, mismanagement, corruption,
> union contracts, etc.
> 2. It's a startup. Startups are always risky.
> 3. The management of the company has assessed their long term viability
> and determined that the company will fail because it will no longer have
> relevance in 5, 10, 15 years. They want to maximize financials before it
> tanks.
> 4. Sale of a company.
> A venture capitalist is brought in to analyze the company and determine
> where they can optimize their operation and financials. They bring in
> experts, trim deadwood, help streamline processes, update managment
> systems and equipment if that is what is needed. And yes, they get paid
> for their efforts just like the electric company gets paid. They get paid
> on a percentage basis as agreed up front.
> What's the problem with getting paid for doing highly skilled work?
> If you were in business, you wouldn't last long with a liberal philosophy
> of breaking even, or making 1% on every deal.
Discussion subject changed to "Racism Among Romney Supporters. What On Earth Does Race Have to Do With Romney's Want of Entrepreneurial Risk?" by Nickname unavailable
> > On Sep 30, 5:51 pm, Deke <d...@charter.net> wrote:
> > > On 28 Sep 2012, Lisa Lisa <harryharr...@yahoo.com> posted somenews:0735e3
> > 04-f321-402f-a0e4-f3aecc6f2...@a11g2000yqb.googlegroups.com:
> > > > He loads the companies, NOT Bain, with debt, restructures them, and
> > > > charges "consulting fees," among other payments. The managers of Bai
> > n
> > > > always made money, whether or not the company did well. And Romney
> > > > himself, who was guraranteed compensation no matter how Bain worked
> > > > out, took no risks either:
> > > No shit, stupid. That's how venture capitalism works. It's a job, a
> > > function, a service. Just like sitting on your fat ass behind a
> > > government desk and signing blacks up for welfare checks.
> > None of what you just wrote had any value at all, nor any connection
> > to Romney's actual work history.
> So? Obama doesn't have any work history either. Banging your
> jaws together doesn't really count as work in my book.
> > Romney and Bain's management made money no matter how their
> > "restructuring" worked out. Moreover, he was promised his old job,
> > with all the raises, if Bain didn't work out. That's not capitalism;
> > that's a sinecure.
> The govenment works that way. What's the problem? What's good
> for the government is not good for the people?
> > Romney is no entrepreneurial hero. Far from it---he was given
> > guarantees that no capitalist should have. Romney reminds me of the
> > churchmen who held office in the old Catholic church. They got an
> > income, but did no work. I can't think of anything else to compare
> > Bain to.
> Warren Buffet? Carl Icahn?
> > > Just because you're too stupid to compute interest and work a balance
> > > sheet doesn't mean it's bad.
> > > Let's simplify this for you.
> > Don't bother. You've already revealed yourself to be an anti-
> > capitalist racist. You don't believe capitalists need to take risks,
> > so you aren't a proper capitalist. Goodbye.
> Obama is an anti-capitalist racist communist. How do we get rid
> of him?
have fun explaining away the fact that under obama, taxes are at a 80
year low, and corporate profits are at or near all time highs.
besides, everyone knows marx was a "CONSERVATIVE".
Discussion subject changed to "Romney Talks About Stripping Companies of Their Wealth. He Himself Took No Risks, and Never Lost Money. I Don't Call That Capitalism." by Old Pif
On Sep 30, 5:51 pm, Deke <d...@charter.net> wrote:
> No shit, stupid. That's how venture capitalism works. It's a job, a
> function, a service. Just like sitting on your fat ass behind a
> government desk and signing blacks up for welfare checks.
OooooooooK, but why anybody in his own mind would like to have such a
guy as a President?
Discussion subject changed to "Racism Among Romney Supporters. What On Earth Does Race Have to Do With Romney's Want of Entrepreneurial Risk?" by Dick Chang
>> > On Sep 30, 5:51 pm, Deke <d...@charter.net> wrote:
>> > > On 28 Sep 2012, Lisa Lisa <harryharr...@yahoo.com> posted
>> > > somenews:07 > 35e3
>> > 04-f321-402f-a0e4-f3aecc6f2...@a11g2000yqb.googlegroups.com:
>> > > > He loads the companies, NOT Bain, with debt, restructures them,
>> > > > and charges "consulting fees," among other payments. The
>> > > > managers of Ba > i
>> > n
>> > > > always made money, whether or not the company did well. And
>> > > > Romney himself, who was guraranteed compensation no matter how
>> > > > Bain worked out, took no risks either:
>> > > No shit, stupid. That's how venture capitalism works. It's a job,
>> > > a function, a service. Just like sitting on your fat ass behind a
>> > > government desk and signing blacks up for welfare checks.
>> > None of what you just wrote had any value at all, nor any
>> > connection to Romney's actual work history.
>> So? Obama doesn't have any work history either. Banging your
>> jaws together doesn't really count as work in my book.
>> > Romney and Bain's management made money no matter how their
>> > "restructuring" worked out. Moreover, he was promised his old job,
>> > with all the raises, if Bain didn't work out. That's not
>> > capitalism; that's a sinecure.
>> The govenment works that way. What's the problem? What's good
>> for the government is not good for the people?
>> > Romney is no entrepreneurial hero. Far from it---he was given
>> > guarantees that no capitalist should have. Romney reminds me of
>> > the churchmen who held office in the old Catholic church. They got
>> > an income, but did no work. I can't think of anything else to
>> > compare Bain to.
>> Warren Buffet? Carl Icahn?
>> > > Just because you're too stupid to compute interest and work a
>> > > balance sheet doesn't mean it's bad.
>> > > Let's simplify this for you.
>> > Don't bother. You've already revealed yourself to be an anti-
>> > capitalist racist. You don't believe capitalists need to take
>> > risks, so you aren't a proper capitalist. Goodbye.
>> Obama is an anti-capitalist racist communist. How do we get rid
>> of him?
> have fun explaining away the fact that under obama, taxes are at a 80
> year low,
