Thursday, May 24, 2012

Romney and Bain Capital

Dems are having fun criticizing Mitt Romney and Bain Capital. For every example of one of the investments going bad there are 10 that have worked. People forget that any distressed business has to have new investment and that investment has a cost.

Yet, no one wants to bring up GM. How many jobs did GM lose during the government bailout? 20,000 is close and that doesn't include the GM dealerships that were closed nor GM parts suppliers. See my earlier post on screwing the bondholders. If Mitt Romney had orchestrated the GM bankruptcy the MSM wouldn't let him get elected as a dog catcher. But, the golden boy, his minions and union cronies pulled it off without any criticism.

Every time a lib says Bain I say Solyndra. I cannot wait until the GOP takes off the kid gloves and tells the public what is really going on. November cannot get here soon enough.

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