New Romney Video: In 1985, He Said Bain Would "Harvest" Companies for Profits

Sep 27, 2012 | Posted by: Mr_Bill | Full story: www.motherjones.com

This clip shows the young CEO focusing on businesses as targets for his investors, not as job creators or community stakeholders.

(requested by Mothra)

Romney's top priority wasn't to boost employment. As the Wall Street Journal recently noted, creating jobs "wasn't the aim of Bain or other private-equity firms, which measure success by returns produced for investors." And, the newspaper reported, Romney's 100,000-jobs claim is tough to evaluate.

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Gravediggers

United States

#1 Sep 27, 2012
1.$16 TRILLION and CLIMBING DEBT

2. DEPENDENCE on FOREIGN ENERGY FROM UNSTABLE COUNTRIES IN UNSTABLE PARTS OF THE WORLD

3. HIGH FOOD PRICES

4. OBAMA PATHETICALLY DIVIDED AMERIcANS instead of UNITING Americans as he PROMISED!

5. DEvalued HOmes

6. TODAY! Durable goods production DOWN...the US is NOT manufacturing and people aren't buying!

7. FAILURE to PROTECT LIBYAN EMBASSY - hired local LIbyans to protect instead of using US soldiers to protect during the 9/11 ANNIVERSARY

8. HAD to STOP JOINT PATROLING with Afghans as they turned their American GIVEN weapons on the US soldiers they were patroling with

9. LOST 6 Harrier jets, destroyed hangar, American colonel died due to TERROR ATTACKS in afghanistan

10. FAILED EDUCATIONAL POLICY but his children bypassed the local Chicago PUBLIC school to attend a CHARTER school...and then OBAMA took away that same ability-vouchers- from Washington DC parents!

SO CLEAR!

NO TO OWEBAMA
NO in NOvember
conservative crapola

Whitehall, PA

#2 Sep 27, 2012
More proof rugby is anti-American, anti-worker.
Papillon

Sacramento, CA

#3 Sep 27, 2012
.... and Barrack HUSSEIN Obama said in 2004 that he hates the United States and wishes the country to be taken over by muslims.

********** REMEMBER IN NOVEMBER **********

1- When you think of 9/11, think of muslims.
2- When you think of muslims, think of 9/11.
3- When you think of Barrack HUSSEIN Obama,think of 1 & 2.

Better a God-loving Mormon, than a corrupt and racist islamofascist African warlord.

I am Papillon and I approve this message.
conservative crapola

Whitehall, PA

#4 Sep 27, 2012
Papillon wrote:
.... and Barrack HUSSEIN Obama said in 2004 that he hates the United States and wishes the country to be taken over by muslims.
********** REMEMBER IN NOVEMBER **********
1- When you think of 9/11, think of muslims.
2- When you think of muslims, think of 9/11.
3- When you think of Barrack HUSSEIN Obama,think of 1 & 2.
Better a God-loving Mormon, than a corrupt and racist islamofascist African warlord.
I am Papillon and I approve this message.
Where's your link to those exact words? Waiting..........

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#5 Sep 27, 2012
Papillon wrote:
.... and Barrack HUSSEIN Obama said in 2004 that he hates the United States and wishes the country to be taken over by muslims.
********** REMEMBER IN NOVEMBER **********
1- When you think of 9/11, think of muslims.
2- When you think of muslims, think of 9/11.
3- When you think of Barrack HUSSEIN Obama,think of 1 & 2.
Better a God-loving Mormon, than a corrupt and racist islamofascist African warlord.
I am Papillon and I approve this message.
You lie like Paul Ryan.
Justin

United States

#6 Sep 27, 2012
"... creating jobs "wasn't the aim of Bain or other private-equity firms, which measure success by returns produced for investors ..."

Really?

It's not as if Romney suggested that harvesting unborn babies from pregnant teenage girls would be a great for profit business model. However, Planned Parenthood would.
conservative crapola

Whitehall, PA

#7 Sep 27, 2012
Papillon wrote:
"Given that Mormonism is a fundamentalist Christian religion, there are a whole bunch of things you're not allowed to do: drink coffee, have pre-marital sex, smoke, LIE, cheat, steal, etc. The list goes on and on."

rugby disqualified as a God-loving mormon. He still qualifies as a moron.
Slum landlord controls WH

Orange, CA

#9 Sep 27, 2012
MORE DESPERATE BS by KOOKY MR. BILL

Everyone except Mr. Bill knows that businesses are created not to create jobs but to offer opportunity for a new invention or product which a population needs or wants.

Examples are iPhone. Steve Jobs didn't start a business in his garage so he could hire 100,000 people in 10 years. He did it because he was an intelligent inventor, had an idea that people could benefit from, be willing to pay money for. As a business grows, employees are needed to sustain the growth.

September 25, 2012
How Liberals Screw the 47 Percent

http://www.americanthinker.com/2012/09/how_li...

If a worthy striver tries to break the bonds of dependency and increase her income from $3,625 to $14,500, the government will take away 43 percent of every extra dollar earned. But that is not the worst of it. If that welfare recipient really tries to bootstrap her way out of the poverty trap by increasing her earnings from $14,500 up to $30,000 per year, the government will take away 167 percent of every extra dollar she earns. Let's rephrase that. If a worker earns a dollar more in wages the government, will take away that dollar and 67 cents more besides. Only when she starts earning over $30,000 per year will her marginal tax rate come down to a mere 77 percent.

http://www.americanthinker.com/2012/09/how_li...
conservative crapola

Whitehall, PA

#10 Sep 27, 2012
Khuan wrote:
<quoted text>
While all of the paid useful idiot leftist stooges continue with their intended treacherous obfuscation, Romney will continue to hammer away at the important issues and the marxist king obamanation's utterly failed policies and record that king obamanation can't run on.
Really, red stater? Where are rugby's details? We've heard bullshit from him for 5 years, now.

Since: Feb 08

Hypoluxo Fl

#11 Sep 27, 2012
Slum landlord controls WH wrote:
MORE DESPERATE BS by KOOKY MR. BILL
Everyone except Mr. Bill knows that businesses are created not to create jobs but to offer opportunity for a new invention or product which a population needs or wants.
Examples are iPhone. Steve Jobs didn't start a business in his garage so he could hire 100,000 people in 10 years. He did it because he was an intelligent inventor, had an idea that people could benefit from, be willing to pay money for. As a business grows, employees are needed to sustain the growth.
September 25, 2012
How Liberals Screw the 47 Percent
http://www.americanthinker.com/2012/09/how_li...
If a worthy striver tries to break the bonds of dependency and increase her income from $3,625 to $14,500, the government will take away 43 percent of every extra dollar earned. But that is not the worst of it. If that welfare recipient really tries to bootstrap her way out of the poverty trap by increasing her earnings from $14,500 up to $30,000 per year, the government will take away 167 percent of every extra dollar she earns. Let's rephrase that. If a worker earns a dollar more in wages the government, will take away that dollar and 67 cents more besides. Only when she starts earning over $30,000 per year will her marginal tax rate come down to a mere 77 percent.
http://www.americanthinker.com/2012/09/how_li...
More frightwing bullshit from a frightwing teabag site.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#12 Sep 27, 2012
Slum landlord controls WH wrote:
MORE DESPERATE BS by KOOKY MR. BILL
Everyone except Mr. Bill knows that businesses are created not to create jobs but to offer opportunity for a new invention or product which a population needs or wants.
Examples are iPhone. Steve Jobs didn't start a business in his garage so he could hire 100,000 people in 10 years. He did it because he was an intelligent inventor, had an idea that people could benefit from, be willing to pay money for. As a business grows, employees are needed to sustain the growth.
September 25, 2012
How Liberals Screw the 47 Percent
http://www.americanthinker.com/2012/09/how_li...
If a worthy striver tries to break the bonds of dependency and increase her income from $3,625 to $14,500, the government will take away 43 percent of every extra dollar earned. But that is not the worst of it. If that welfare recipient really tries to bootstrap her way out of the poverty trap by increasing her earnings from $14,500 up to $30,000 per year, the government will take away 167 percent of every extra dollar she earns. Let's rephrase that. If a worker earns a dollar more in wages the government, will take away that dollar and 67 cents more besides. Only when she starts earning over $30,000 per year will her marginal tax rate come down to a mere 77 percent.
http://www.americanthinker.com/2012/09/how_li...
Business is created to make money.

When business exports jobs, like the i-phone, or Bain Capital-owned Sensata Technologies; TO CHINA, I don't care what they brag about.

When Mitt Romney pays a smaller percentage in income taxes than that boot-strapped welfare recipiant, you and I both know something's wrong.
see the light

El Paso, TX

#13 Sep 27, 2012
Your'e just jealous Obama couldn't harvest anything. He's to dam dumb, besides that he's a Muslim terrorist who doesn't want to see America profit at all.

Since: Feb 08

Hypoluxo Fl

#14 Sep 27, 2012
Gravediggers wrote:
1.$16 TRILLION and CLIMBING DEBT
2. DEPENDENCE on FOREIGN ENERGY FROM UNSTABLE COUNTRIES IN UNSTABLE PARTS OF THE WORLD
3. HIGH FOOD PRICES
4. OBAMA PATHETICALLY DIVIDED AMERIcANS instead of UNITING Americans as he PROMISED!
5. DEvalued HOmes
6. TODAY! Durable goods production DOWN...the US is NOT manufacturing and people aren't buying!
7. FAILURE to PROTECT LIBYAN EMBASSY - hired local LIbyans to protect instead of using US soldiers to protect during the 9/11 ANNIVERSARY
8. HAD to STOP JOINT PATROLING with Afghans as they turned their American GIVEN weapons on the US soldiers they were patroling with
9. LOST 6 Harrier jets, destroyed hangar, American colonel died due to TERROR ATTACKS in afghanistan
10. FAILED EDUCATIONAL POLICY but his children bypassed the local Chicago PUBLIC school to attend a CHARTER school...and then OBAMA took away that same ability-vouchers- from Washington DC parents!
SO CLEAR!
NO TO OWEBAMA
NO in NOvember
Typical frightwingnut teabagger. First post of the thread and you're already off topic. There is no way you read the article.

“Election over; back to work!”

Since: Feb 07

Tampa, FL

#15 Sep 27, 2012
The tax thing is just so much bullshit, Bill and you know it. A boot strapped, welfare recipient isn't paying a dime in traditional taxes anyway, payroll, FICA or otherwise, so it's a moot point. What they are paying are higher cigarette and booze taxes.

You know the difference between earned income and investment income.
Mr_Bill wrote:
<quoted text>
Business is created to make money.
When business exports jobs, like the i-phone, or Bain Capital-owned Sensata Technologies; TO CHINA, I don't care what they brag about.
When Mitt Romney pays a smaller percentage in income taxes than that boot-strapped welfare recipiant, you and I both know something's wrong.
xnutmegger

Phoenix, AZ

#16 Sep 27, 2012
In 1985 the business climate was different a great expansion of buying each and every one else was taking off . Conglomerates were the thing and everybody played it.

Japan was the Big Boy buying companies and real estate all over the U.S.

If you could buy a brand name such as a Coke bottler or a resturant/fast food chain you did so or somebody else would.

Since: Nov 08

Location hidden

#17 Sep 27, 2012
Mr_Bill wrote:
<quoted text>
You lie like Paul Ryan.
You lie like ManBearPig. Where's Chris Stevens?

“ROCK ON ROCKERS!!”

Since: Mar 11

Rockin' USA ;)

#18 Sep 27, 2012
Is THIS any different, this subject and along with the other LIES the political figures are telling us? Obama and his team CAN send foreign aid abroad, like the recent millions to Indonesia for weapons...AND not a lick to the Farm Aid Bill BEING pushed BACK until the Presidential Election's outcome...IS this a jab to the American citizens or FREAKIN' WHAT???

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#19 Sep 27, 2012
Eron wrote:
The tax thing is just so much bullshit, Bill and you know it. A boot strapped, welfare recipient isn't paying a dime in traditional taxes anyway, payroll, FICA or otherwise, so it's a moot point. What they are paying are higher cigarette and booze taxes.
You know the difference between earned income and investment income.
<quoted text>
The boot-strapped welfare recipient is now working, of welfare, paying taxes, hopefully.(see article.)

Your disdain for the poor & working poor (...higher cigarette and booze taxes...) show you to be a hopless wanna-bbe Romney voter. So go, vote for Romney, and see what it gets you.

“Happiness comes through giving”

Since: Feb 08

Location hidden

#20 Sep 27, 2012
Gravediggers wrote:
1.$16 TRILLION and CLIMBING DEBT
2. DEPENDENCE on FOREIGN ENERGY FROM UNSTABLE COUNTRIES IN UNSTABLE PARTS OF THE WORLD
3. HIGH FOOD PRICES
4. OBAMA PATHETICALLY DIVIDED AMERIcANS instead of UNITING Americans as he PROMISED!
5. DEvalued HOmes
6. TODAY! Durable goods production DOWN...the US is NOT manufacturing and people aren't buying!
7. FAILURE to PROTECT LIBYAN EMBASSY - hired local LIbyans to protect instead of using US soldiers to protect during the 9/11 ANNIVERSARY
8. HAD to STOP JOINT PATROLING with Afghans as they turned their American GIVEN weapons on the US soldiers they were patroling with
9. LOST 6 Harrier jets, destroyed hangar, American colonel died due to TERROR ATTACKS in afghanistan
10. FAILED EDUCATIONAL POLICY but his children bypassed the local Chicago PUBLIC school to attend a CHARTER school...and then OBAMA took away that same ability-vouchers- from Washington DC parents!
SO CLEAR!
NO TO OWEBAMA
NO in NOvember
Go dig a hole and lie down. Your repetitious bullshit has a much traction as a jellyfish trying to climb a ladder.
Eleanor

Mundelein, IL

#21 Sep 27, 2012
Everyone who has a job working for a corporation KNOWS FULL WELL that the company exists FIRST AND FOREMOST for the "returns produced for investors".

The bottom line is ALWAYS profit!

And that profit is what helps that worker keep his/her job!

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