Comments

  1. Matthias Klein says

    Let’s face the dire truth. The US is founded on vulture capitalism. What else is slavery?

    It is a myth that capitalism is pure and good by itself and must not be regulated. It is now time to stand up for true righteousness and expose the hypocrisy. 

    Remember the civil war and how unwillingness and stubborness led to the bloodiest war in the history of the US. Great Britain got rid of slavery in a peaceful way. The United States, where all men are created equal on paper, had to have it pried out of their fingers.

    What would happen if the rich, who profit from vulture capitalism, and their powerful friends in the media and in Washington, are as stubborn and unwilling to acknowledge the evil of vulture capitalism. Why would God not bring justice to those oppressed by this selfish system as He did for the slaves?

    Watch my video: A German’s preachers thoughts on 2012.
    http://www.youtube.com/watch?v=gpLYq525SpM 

  2. M says

    Any Republican claiming to find this behavior offensive is disingenuous at best. It is entertaining though.

    Also, is it mere coincidence that many private equity firms have names that sound downright evil: Bain (bane = death, destruction), Blackstone, Cerberus…

  3. Caliban says

    Jon Stewart made the astute observation that all the GOP candidates have accused the Democrats of engaging in “class warfare” against the wealthy, ranting about it in speeches and on Fox News, but now they’re doing EXACTLY the same thing in regards to Romney, saying his wealth gives him an unfair advantage. Apparently Plutocracy is hunky-dory with them unless it puts THEM at a disadvantage.

    But infighting is funny so I don’t care.

    But Romney no doubt has and will continue to have a bottomless “war chest” to spend on the election, and not from his own money. It won’t be anywhere near as blatant, but you can bet that Mormons have been given the word to fund and work for Romney’s campaign the same way they did for Prop8.

  4. anon says

    Bain Capital deserves some exposure, though this is often a case-by-case situation. If the company was private, the sellers were just looking for the most amount of cash and didn’t care about the employees. If it was public, it was either a proxy fight or some sort of backroom deal with management. However, you don’t buy a company hoping to make a loss, so there must have been balance sheet items that were worth the selling price. Stopping these sorts of things won’t necessarily save the jobs or the community, but it almost never benefits the employees or the community.

Leave A Reply