Erika Johnsen:
This is it, my friends. This right here is why I stand ready to forgive Mitt Romney his political faults and put him in charge of this country come November.
If you haven’t noticed yet (wink wink), I’m rather a big fan of free enterprise. More than any other socio-economic system that man has ever come up with, no other method has yet demonstrated itself so effortlessly able to provide so much prosperity, opportunity, and freedom for so many people — because before you yourself can do well in the free enterprise system, you must necessarily produce a good or service that somebody else voluntarily wants to consume. The greater value society places on said good or service, the greater the reward.
Yes, Mitt Romney has fired people and shuttered businesses — good for him. That’s what should happen when jobs and businesses are no longer providing something for which society can find a use. For Team Obama to imply that creative destruction is tantamount to villainy, as if the laid-off workers are somehow doomed to joblessness for the rest of their lives, is beyond disappointing. Losing a job is devastating, but you pick yourself up and find a new way to be useful — or you would, anyway, if your current president’s policies didn’t have the economy moving more slowly than molasses in January. I realize that’s a brass-tacks version of things, but there it is.
Vulture capitalists will happily shut down going concerns that provide things for which people and society do have uses, provided money can be had by breaking them up and selling off the wreckage. They’ll happily close domestic factories and relocate jobs to overseas sweatshops, provided doing so boosts their profit margins. They’re not the least bit concerned with creating or saving jobs; their sole concern is making money–as much as possible, as quickly as possible.
Does anyone doubt that?
I don’t know why the average person would have positive thoughts about them. I don’t know why the average business owner would have positive thoughts about them.
And the idiot jumps on Bain again when many members here have already showed what is and isn’t vulture capitalism…
Keep eating the bullshit Greg it still won’t make you correct.
To use profitability as the sole measure of worth strikes me as a really weird idea, btw.
The tobacco industry has been highly profitable for decades. It’s been calculated that for 2010 they profited around $6,000 for each U.S. death their products caused.
Sound like a bunch of hot air from the Hot Air web site.
When you have to be RESPONSIBLE, to stockholders etc… the BOTTOM LINE means everything….. only Liberal FOOLS, would insist upon KEEPING failing, money losing things Going…. which explains the NATIONS Fiscal ills NOW…