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Drixnot asked in Politics & GovernmentPolitics · 9 years ago

How can anyone support Romney?

Here is how Romney made the majority of his money.

1.) His company (Bain) buys a business

2.) that business takes out large business loans

3.) Bain charges the business "consulting fees"

4.) In order to pay back the loans the company is forced to fire "useless" people... predominately the older workers who would also have a harder time finding new jobs and tend to have children and grandchildren.

5.) The management (who were given large bonuses to get them to cooperate) jump ship and the business ultimately goes bankrupt.

Obama made the majority of his money from selling a few books.

Which do you want in charge of the country... the one that raped and pillaged American businesses for profit or the one that created something?

Update:

Nope that IS how it worked... and why would a company that does this go out of business when it is EXTREMELY profitable for the people in control. I wish I were lying, I wish that all those people that lost their jobs had them still.

The only way to stop this is to stop giving loans to business involved with Bain... but there is no way for a bank to know... they were giving loans to company X, not Bain. And the banks have no way to go after Bain for the money any more than they could go after anyone else that company X paid for services.

The person that said Obama was born in Kenya needs to shut up and let the grown ups talk.

Update 2:

@ trapped in LA... there is no realistic way to find that out.... but Romney's Net worth is over 250 million, in order to make that kind of money in such a short period ... figure about 2 billion dollars worth of companies. Now to get that much from small and distressed companies.... thousands of companies... hundreds of thousands of jobs lost.

19 Answers

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  • 9 years ago
    Favorite Answer

    Don't forget how he said he doesn't care about the 47% of middle to lower class Americans. And how he called them parasites and made fun of how they are victims.

    Source(s): Private wealthy donor fundraiser vid. Leak
  • 9 years ago

    1) Yes, businesses that were in danger of failing.

    2) Finding additional capital is bad for a struggling business?

    3) Agreed, Bain should not make any money - simply spend it. Like the government.

    4) People are the highest expense in any business. Consider that everyone was likely going to be sent home without a job had Bain not stepped in.

    5) Some businesses did very well. Others failed. If you want to talk about golden parachutes for execs of failed businesses, it's possible you actually have a solitary point in all of this, but tying that to Romney is pretty tenuous.

    Obama's record: Over 5 trillion in new debt. Gas prices have nearly doubled. 8.1% unemployment. $5K decrease in middle class median income. 47 million on food stamps. 1 out of 6 Americans living in poverty. Foreign policy in total chaos.

    How can anyone support Obama?

  • Anonymous
    9 years ago

    Simple, I just AM supporting Romney, that's how. I don't care if he's wealthy, he has an actual PLAN on how to get the economy going again. Obama has yet to even release a budget, 4 years into his term. Bain took charge of companies that were going under, some went under, some it actually turned around; no business is absolutely perfect but it seems like people expect it to be. Show me a perfect business and I will show you a flying unicorn; it doesn't exist.

  • 9 years ago

    Considering the last two weeks watching the Obama administration's reaction to the protests and the killing of 4 Americans, I'm wondering who on earth would vote for Obama? He's either the most inept, incompetent person who's ever occuped the WH or he's purposely lying to the American people to boost his own ego.

    Even now he's still blaming a video when our own state department says it was all a planned terrorist attack.

    He doesn't deserve a 2nd term.

    I'm voting for Romney because I hope some sanity will return to America.

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  • Betsy
    Lv 4
    9 years ago

    You're really lying, and you know it. You're a very good liberal. Harry would be SO proud of you. Let me ask you this: do you ever really get the truth? Do you know what unemployment figures means? Do you know what our national debt is and what that debt means to our children and grandchildren. Were you proud of your president when his response to the murder of 4 innocent Americans in Libya was "It's been a tough day"? If you really knew the facts and the truth about this president, you wouldn't be on here spewing lies about Mitt Romney. He's a decent, honest, smart man who can turn this country into a winner again, and people like you just don't want to see it. God help us.

  • 9 years ago

    You drank the cool aid! Find out from the people who were there. Their companies were on the verge of bankruptcy and Romney, at their request, either turned the companies around, sold them or helped them tie up lose ends before they folded. More companies survived then those that went under. And those Romney helped are very grateful. He did not plunder. Get you're facts straight before you start spreading malicious gossip. Who do you think you are? Obama?

    Source(s): Reality
  • 9 years ago

    Romney's track record is impressive, in Massachusetts he came into office with his state in economic despair, and left with a $3 billion "Rainy Day Fund". He turned the 2002 salt lake city olympics from collapse to ultimate success. His business recod is quite impressive as well. Mitt Romney will save America.

  • Anonymous
    9 years ago

    You have an amazingly corrupted vision of how a business is run. It seems that when Obama was selling his books he was born in Kenya. Suddenly in 2007 he was born in HI. I want a natural born citizen to be president as is called for in the constitution. That thing that liberals don't recognize as law.

  • Anonymous
    9 years ago

    If Bain worked the way you lie ... err ... the way you say it does, it would have been out of business a long time ago. You don't know what you're talking about.

  • virgod
    Lv 7
    9 years ago

    How? Let's see... The following is your marxist-fascist fuhrer obama's record:

    $6 trillion in the national deficit in 3 years Above 8.2% unemployment (14.6 real adjusted unemployment) Failure in the Arab Spring uprising, Syria is a no go, Libya and Egypt is now under Islamist control and other separatist movements and terrorist organizations like Al Qaeda re surging. Thus, hussein soetoro is PERSONALLY responsible for 4 dead American citizen on an American territory and for IGNORING that open act of war against the USA.

    Solyndra subsidy then bankruptcy Cash for clunkers failure The auto bailout left thousands losing the majority of their pensions to union thugs along with tax payers having to support this supposed auto success Dependency state and welfare/entitlements are at a record high Obamacare is now Obamatax being levied on the middle class Flip flopping for political gain: DADT and amnesty for illegals Leaking national security details for political gain Lying about Romney's record, factcheck.org, Romney never outsourced.

    According to the U.S. Census Bureau data released in September 2011, the nation's poverty rate rose to 15.1% (46.2 million), and to its highest level since 1993. Food-stamp use reached a record 46.7 million people in June 2012...During obama's time in office, federal means-tested welfare spending has increased by one THURD, totaling $927 billion last year. (This, of course, does not include Social Security and Medicare.) What not to "LOVE", right?

    Now, let's check the platform of an AMERICAN, a successful Governor and businessman, and apparently an honest man, who takes crapo from neolibnazi media for TELLING AS IS:

    I WILL approve the keystone pipeline and create thousands of jobs.

    I WILL lift the moratorium on off shore drilling and create thousands of jobs.

    I WILL permit shale oil production and create thousands of jobs.

    I WILL permit drilling in Anwar and create thousands of jobs.

    I WILL permit more coal production and create thousands of jobs in mining as well as manufacturing jobs to build equipment that enhance clean technology and promote more coal usage.

    I WILL permit and promote technology to use natural gas in transportation and create thousands of jobs in production and manufacturing.

    I WILL Form a committee of entrepreneurs to study, promote, and build viable green sources with Wind, solar, and water and create thousands of jobs.

    Only a lying, shameless neolibnazi like yourself won't see the right choice here.

    IMPEACH THE IMPOSTOR AND MARXIST-FASCIST SABOTEUR OBAMA NOW!

    Signed: An Independent Conservative

  • 9 years ago

    h I kinda liked it when he said he cared more about the entire 100 % than just the 99%.

    How can you believe Obama cares about the average tax payer when he is the guy who took our hard earned tax dollars and gave more than you or I combined could ever acquire in a hundred lifetimes... to banksters as a reward for giving out loans to people they knew would not be able to repay them?

    But the part most people forget is that they never actually gave anyone any cash! They simply gave them checks wilthout money behind those checks, total fraud!

    Then Obama went to our National treasury and gave them all our real money we earned and that the gov't garnished from out checks. Yes, he gave all our treasury's real money to banksters who gave checks wilth no gold or silver backing them up, to everyday people like you and me.

    And you milght be aware of the fact that Obama appointed as head of American security is a guy named Brezinzkey. This guyh who ils in charge of our soldiler's lives and keeps sending them out to die in small groups then send more in again in small groups to die again, and again, is one and the same guy who on utube you can watch telling Afghan jihadists that God was on their side some time iln the past,

    Plus don't forget he appointed a Muslim to be in charge of National Reliigion and he appointed to Islamic Zealots to overlook Homeland security. Hello? Do you think the cat should be iln charge of the mice? Get myh point?he cares about your life or mine, honestly?

    Its not that IL support Romney, its just that IL'd rather die by ice than by fire.

    About Romney's taxes: I look at it this way. If everyone no matter how much they earn paid a strailght 15 percent that should be plenty, I mean plenty.

    15 percent of 20 thousand a year is like 3 thousand and 15 percent of two million is like $300,000. Thats more than fair to me. One guy gives 3 thousand and one gujy pays 300,000. Why should we have a problem wilth that? .

    Its okay with me for this reason: people who are entrepeneurs have to take blg risks.

    They must worry about everything going wrong like their freezer breaking down and everything rotting which they can't write off on their taxes. They have to worry about getting ripped off by thier accountants and their employees, and worry about people gettilng hurt and suing them.

    What a headache. Yet we need them because they create jobs. They take risks, they organize.

    b Do you see my point? How am I wrong in thinking this? You sounded like you think we need to discourage people from making big businesses that create jobs... so do you like a socialistic government where the working class are turned into slaves of the unemployed? Do you really want to let Obama penalize people who work hard and take risks to create buslnesses that give people jobs by taxing them at a higher rate?

    I think of course that the disabled shouldn't be taxed, and retired should get back the social security that wasw taken out of their checks, plus interest from all those years.

    Obama has deflated our money so terribly that ilts worthless, to say scru you to China who loaned US money. Is that a fair thing to do?

    I'm not saying I support Romney, I just can't support Obama.

    Will candildate number three please stand up?

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