osodecanela: (Default)
[personal profile] osodecanela
Yes, I know this is long, but it is worth watching. You've heard the term "corporate raiders". Well, that would be an apt description in this case I think. Please watch, and get your family and friends to do so. What happened here was legal. Not ethical, but legal.

Yes, I'm partisan. What happened to this company is why.

Date: 2012-05-16 06:13 am (UTC)
ext_173199: (Screwed by GOP)
From: [identity profile] furr-a-bruin.livejournal.com
Rick Perry's speechwriters came up with the term "Vulture Capitalists" but I think a better term for Bain Capital and companies like them is "Economic Cancer."

Date: 2012-05-16 09:07 pm (UTC)
From: [identity profile] osodecanela.livejournal.com
Vulture Capitalist - very apt.
Economic Cancer - oh, yeah.

But honestly, they had a name for this over a century ago. Robber Barons. Never were there truer words.
Edited Date: 2012-05-16 09:07 pm (UTC)

Date: 2012-05-17 03:11 pm (UTC)
From: [identity profile] barbarian-rat.livejournal.com
Very well done.
The only criticism I have is that they don't clearly state the plant was making a profit before Bain takeover. It is implied, but not stated.
These people lost their health insurance. Republicans talk about people needing to take came of themselves, and so are against 'socialist' "Obamacare", so then according to Republicans are these people to blame for their situation? no Obama is ...

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