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Politics : President Barack Obama

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To: mel221 who wrote (121905)9/27/2012 11:01:46 PM
From: tejek   of 149317
 
Absolutely shocking!

But then, isn't every investor in this great country trying to do exactly the same thing... like buying APPL at $100 and seeing the potential realized.

I guess anyone who tries to buy low and sell high over a 5 to 8 year period is a disgrace in the current in political environment.


Of course not. Buying low and selling high.......esp when you have added value......is a great way to do business. But that's not what Bain did. They bought companies, broke them down, outsourced jobs, kept the parts they liked and threw the rest into BK. That's like some guy marrying into a family keeping the kids he likes and getting rid of the kids he doesn't like. Bain benefited from selling off the businesses piecemeal and accumulating tax breaks. Its not a particularly constructive way to do business. In fact, its fairly destructive.........one or two levels just above a crook.

Why would anyone want that kind of man, meaning Mitt, to be president of the country? He probably would outsource Mt. Rushmore because it doesn't generate much tourist income and sub divide Yellowstone into lucrative vacation homes. Apparently, you Rs just don't understand how far you all have fallen.
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