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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Woody_Nickels who wrote (121917)	9/27/2012 11:53:17 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 149317

"The question is whether or not these companies were being manipulated by the guys who invest to drain them of their money, leaving behind people who were unemployed,” he said. “Show me somebody who has consistently made money while losing money for workers and I’ll show you someone who has undermined capitalism.”

To: Woody_Nickels who wrote (121917)	9/28/2012 10:42:53 AM
From: tejek	Respond to of 149317

Isn't Romney investing in troubled companies, turning them around whenever possible, and then selling his stake at a profit? In theory that's what he is supposed to be doing but in practice, its mostly about throwing portions of the acquired companies into BK and outsourcing jobs. Bain would buy a thriving company and get rid of the less profitable parts of the company in order to maximize their return. They didn't try to improve those less profitable parts so that they were more profitable which would be constructive; instead they took the easy way out. Sorry if I am not impressed. More importantly, why are you ? Isn't that what the investors here at SI hope to do daily? Buy a company low, and hold for a price increase, then sell high and make $$. Of course not. Not even close. I suggest you take an econ 101 course. What's YOUR problem with Capitalism? What's YOUR problem with criticizing business practices that hurt the country?