Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts

Tuesday, July 17, 2012

The Incredible Bain Jobs Machine

Did Mitt Romney and Bain Capital help office-supply retailer Staples create 88,000 jobs? 43,000? 252? Actually, Staples probably destroyed 100,000 jobs while creating millions of new ones.

Since 1986, Staples has opened 2,000 stores, eliminating the jobs of distributors and brokers who charged nasty markups for paper and office supplies. But it enabled hundreds of thousands of small (and not so small) businesses to stock themselves cheaply and conveniently and expand their operations.

Read more at Wall Street Journal On-Line Read More......

Sunday, July 15, 2012

Damned Rich if Romney Does, Damned Rich If He Doesn't

Election '12: The Obama campaign has reached new depths of hypocrisy and mendacity in accusing its GOP opponent of a felony. Mr. President, let he who is without secrets guarded like Fort Knox cast the first stone.

For a Barack Obama operative to accuse Mitt Romney of misrepresenting his chairmanship at Bain Capital to the Securities and Exchange Commission over a decade ago, "which is a felony," as Stephanie Cutter said, reveals the desperation of a presidential re-election campaign that must distract Americans from its dismal economic record.

But it also raises other issues, including: this president's willingness to run on lies, his refusal to practice what he preaches, and the outrageous negligence of the Democrats' powerful lapdogs in the media.

Read more at Investor's Business Daily Read More......

Wednesday, June 27, 2012

Obama Is A Job-Outsourcing Hypocrite

Politics: The president accuses his likely opponent of outsourcing jobs as his re-election campaign hires telemarketers in Canada and the Philippines. And what about GM in China and those electric cars built in Finland?

After his attacks on Mitt Romney's involvement in the job-creating private equity firm Bain Capital failed to resonate with an underemployed America, President Obama has retooled his message somewhat.

Now, after the Washington Post published a story about Bain's alleged role in outsourcing factory jobs overseas, he's blasting Republican nominee Mitt Romney as an "outsourcer in chief" and "outsourcing pioneer."

Read more at Investor's Business Daily Read More......

Wednesday, May 30, 2012

Democrats squirm at Solyndra vs. Bain questions

Republicans are scoffing at Democrats’ attempts to explain why President Barack Obama’s failed green-tech investments are unimportant but Mitt Romney’s few failures at Bain Capital, an otherwise wildly successful private equity firm, are a scandal.

Obama deputy campaign manager Stephanie Cutter tried out the new tactic during a May 30 appearance on MSNBC’s “Daily Rundown,” when she was asked about the president’s support for Solyndra.

Read more at the Daily Caller


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Monday, May 14, 2012

Dems Attack Romney Over Layoffs Made by Obama Bundler

Realizing that Obama's reelection is in serious jeopardy, the President's campaign today released a two-minute ad slamming Mitt Romney for layoffs made at a company controlled by Bain Capital. The ad is built around interviews with former steelworkers at GST Steel, a mill in Kansas City, who were laid off as the company collapsed in the wake of a downturn in the steel market. The ad is certainly gripping and emotional. It is also, however, completely wrong.

Read more at Breitbart.com Read More......