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King of Bain: "When Mitt Romney Came To Town"

longde says...

I see some good points, but they lose alot of credibility by calling Bain a venture capital firm. It was a private equity firm. There is a huge difference between the two types of firms.>> ^bareboards2:

Factcheck.org takes on this doc in an email today:
Summary
A 28-minute political documentary released this week by a pro-Newt Gingrich super PAC presents a one-sided, often distorted and misleading view of Mitt Romney's years leading the venture capital firm Bain Capital.
Interspersed with appropriately eerie music, the video focuses on four Bain-financed companies and features heart-wrenching interviews with people who portray Romney and Bain as ruthless, quick-buck corporate raiders who reaped huge financial rewards at the expense of faithful employees.
But a closer look at the companies highlighted in the video reveals a murkier picture. The video often overstates, or outright distorts, Romney's culpability for job losses or bankruptcies.
The film talks about layoffs at DDi Corp. and discusses questionable manipulation of stock prices after the circuit board company went public. But Romney had left Bain Capital a year before any layoffs and a public stock offering that ultimately netted Bain and Romney a big payday. The company's subsequent bankruptcy filing came two years after Bain had largely divested from the company, and was the result of the dot-com bust. Moreover, the company emerged from bankruptcy, and its current CEO credits those early Bain investments for setting the foundation for the company's current success.
The film claims Romney was involved in the acquisition, management and demise of the now-defunct KB Toys. He wasn't. Bain bought the toy company nearly two years after Romney left Bain.
Likewise, the closing of UniMac's plant in Marianna, Fla., occurred seven years after Romney left Bain and nearly two years after Bain sold UniMac's parent company to another private equity house.
More broadly, the video presents a myopic view of Bain Capital, cherry-picking some of the worst Bain outcomes to portray Bain in the worst possible light. Romney's record at Bain Capital also includes some success stories (see Staples and Sports Authority, to name a few) at companies that added new jobs.

King of Bain: "When Mitt Romney Came To Town"

bareboards2 says...

Factcheck.org takes on this doc in an email today:

Summary

A 28-minute political documentary released this week by a pro-Newt Gingrich super PAC presents a one-sided, often distorted and misleading view of Mitt Romney's years leading the venture capital firm Bain Capital.

Interspersed with appropriately eerie music, the video focuses on four Bain-financed companies and features heart-wrenching interviews with people who portray Romney and Bain as ruthless, quick-buck corporate raiders who reaped huge financial rewards at the expense of faithful employees.

But a closer look at the companies highlighted in the video reveals a murkier picture. The video often overstates, or outright distorts, Romney's culpability for job losses or bankruptcies.

*The film talks about layoffs at DDi Corp. and discusses questionable manipulation of stock prices after the circuit board company went public. But Romney had left Bain Capital a year before any layoffs and a public stock offering that ultimately netted Bain and Romney a big payday. The company's subsequent bankruptcy filing came two years after Bain had largely divested from the company, and was the result of the dot-com bust. Moreover, the company emerged from bankruptcy, and its current CEO credits those early Bain investments for setting the foundation for the company's current success.

*The film claims Romney was involved in the acquisition, management and demise of the now-defunct KB Toys. He wasn't. Bain bought the toy company nearly two years after Romney left Bain.

*Likewise, the closing of UniMac's plant in Marianna, Fla., occurred seven years after Romney left Bain and nearly two years after Bain sold UniMac's parent company to another private equity house.

More broadly, the video presents a myopic view of Bain Capital, cherry-picking some of the worst Bain outcomes to portray Bain in the worst possible light. Romney's record at Bain Capital also includes some success stories (see Staples and Sports Authority, to name a few) at companies that added new jobs.

HOW many jobs has Mitt created? Watch the number shrink.....

bareboards2 says...

Although factcheck.org just issued a debunking email today:

Summary

A 28-minute political documentary released this week by a pro-Newt Gingrich super PAC presents a one-sided, often distorted and misleading view of Mitt Romney's years leading the venture capital firm Bain Capital.

Interspersed with appropriately eerie music, the video focuses on four Bain-financed companies and features heart-wrenching interviews with people who portray Romney and Bain as ruthless, quick-buck corporate raiders who reaped huge financial rewards at the expense of faithful employees.

But a closer look at the companies highlighted in the video reveals a murkier picture. The video often overstates, or outright distorts, Romney's culpability for job losses or bankruptcies.

*The film talks about layoffs at DDi Corp. and discusses questionable manipulation of stock prices after the circuit board company went public. But Romney had left Bain Capital a year before any layoffs and a public stock offering that ultimately netted Bain and Romney a big payday. The company's subsequent bankruptcy filing came two years after Bain had largely divested from the company, and was the result of the dot-com bust. Moreover, the company emerged from bankruptcy, and its current CEO credits those early Bain investments for setting the foundation for the company's current success.

*The film claims Romney was involved in the acquisition, management and demise of the now-defunct KB Toys. He wasn't. Bain bought the toy company nearly two years after Romney left Bain.

*Likewise, the closing of UniMac's plant in Marianna, Fla., occurred seven years after Romney left Bain and nearly two years after Bain sold UniMac's parent company to another private equity house.

More broadly, the video presents a myopic view of Bain Capital, cherry-picking some of the worst Bain outcomes to portray Bain in the worst possible light. Romney's record at Bain Capital also includes some success stories (see Staples and Sports Authority, to name a few) at companies that added new jobs.

Ron Paul Movie Trailer

enoch says...

i admire ron paul for voting what he espouses.he is fairly consistent and i can respect that BUT he is also a devout ayn rand fan and that should give anyone pause.
a unrestricted free market will not produce the pseudo financial utopia the chicago economists like friedman espouse,no matter how much they may wish it.
in fact,it will produce the exact opposite and there are many examples that people who believe in unrestricted markets seem to ignore.

in my opinion a few small but powerful changes could make a difference:
1.get rid of citizens united and make it so no private money can fund public elections.
2.put a cork on the ability of the congress and senate to profit from insider trading AND the ability to turn their political influence into a lucrative career as a lobbyist.make the job about public service and not pure enrichment at the detriment of those you were elected to represent.
3.re-instate glass steagall and other measures to separate commercial from investment banks.
4.return the phrase "for the public good" (removed in the early 70's) from the corporate charter and allow civil and class action suits against corporations who are discovered abusing communities by what ever means.and allow AG's to dissolve a corporation for gross un-compliance.if they are going to be deemed a "person" then they should be held to the same standard of community as the rest of us.

these are just some of the points ron paul does not address and i feel they are so vitally important and are a few reasons i cant support him.
his stance on military intervention and recinding the gross over-powering of the executive branch i totally agree with.
i also am not against his end-the-fed and other useless federal government agencies.either make them more effective or give that power to the states and some (DOD comes to mind) are so bloated and cumbersome that they have taken on an eerie "too big to fail" kind of character.

there is one thing that i find curious.
since ron paul is a free market prophet,why arent the corporations backing this man up with all their money and influence?
gingrich,romney and obama are getting all the wall street campaign money and media exposure.while ron paul is being marginalized.
maybe i am just being cynical but it seems to me that ron pauls "free market" talk may be perceived as a de-rigging of the game and our corporate masters cant have that.they paid big money to keep your business in the shitter.

if thats the case...well..good on him but i have to admit not being an expert on corporations nor economics.so i could be way off the mark.

The Top 10 Strange Facts about Kim Jong-Il

Sister Irene O'Connor: Fire of Gods Love

oohlalasassoon says...

YT Description: Among the sea of sound-a-like private-pressed Catholic lps that came out in
the 1960's and 1970's, Sister Irene O'Connor's 1976 album stands out with
its primitive drum machine and spooky, echo-laden vocals. Released in 1976
on the 'Alba House' label, the dual-titled Fire of God's Love/Songs to
Ignite The Spirit lp features several haunting and remarkable songs,
including the three below. In particular, the title track "Fire of God's
Love" strikes me as so otherwordly and uniquely eerie that I wonder how far
Sister Irene's O'Connor's seeming solipsism extended beyond music.

Aldous Huxley 1958 interview with Mike Wallace in full

Sagemind says...

It is eerie how careful he is with his words and how accurate he is.
It's almost like his views and fears laid the plans for today and the direction we are heading.

He is intellectually insightful. I'm surprised to sit and listen to what was then, theory, while today it is fast becoming fact. This is perhaps the most important interview we will ever see from our history that effects every person in the world.

New drug kills fat cells

Shot by police with rubber bullet at Occupy Oakland

Shot by police with rubber bullet at Occupy Oakland

Girl transforms herself into (Anonymous) (Guy Fawkes)

Orangutan Cools Off (or Opposable Thumbs are Cool)

xxovercastxx (Member Profile)

lucky760 says...

Ah, I hadn't realized that. We switched to displaying YT and Vimeo vids in iframes and some things on the page always assumed an object or embed tag. Will look into fixing it when possible.

Thanks for reporting.

In reply to this comment by xxovercastxx:
The "BRIEF" and "LONG" markers are getting stuffed beneath the video today. "BLOCKED" is behaving properly.

Here's two examples:
http://videosift.com/video/Wait-what-was-the-debt-ceiling-debate-a
bout-again
http://videosift.com/video/The-Torchbearer-part-1-Eerie-Stop-moti
on-Animation

You must cringe when you get that email that tells you I've left a profile comment.

lucky760 (Member Profile)

Father-daughter purity balls: can it get any creepier?

shponglefan says...

>> ^Xax:
I'll be the odd man out to say this isn't terrifying or horrible to me. I don't think it's a good idea and I would never, ever subject a daughter to it (and yes, that logo is fucking creepy... WTF?!?). But to call these people things like the American Taliban is hyperbole at its finest.


There's definitely hyperbole in calling them the "American Taliban". But it doesn't change the fact there are some eerie similarities with the idea that women's sexuality is somehow public property to be controlled by others.



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