What is Bain Capital?
For that matter, what are Private Equity Firms such as Bain Capital?
Simply put, Bain Capital is a private (not public/taxpayer-funded) company using private funds to save companies where EVERYONE IS ABOUT TO LOSE THEIR JOBS because the company is about to go out of business. (You might not have noticed, but I emphasised “everyone is about to lose their jobs”. In case I’m not being clear, when I say everyone I mean 100% of the employees. This includes their benefits and insurance and all the other goodies that the Left thinks the provision of is the only purpose of the employer.)
OK. How does an argument stating “Bain fired people” benefit the current Administration?
If it were not for Bain, and companies like them, everybody gets “fired” or at least the outcome is the same.
So simple is this that only the hardcore leftist/anti-capitalists and their useful idiots will continue repeating it. Perfect.
This could be the sword upon which they will fall . Given that time is running out for them to find a winning strategy and momentum is firmly in the Romney camp, this argument should be strung along for another week or so. Promote it. Pretend it is damaging and let them commit fully. Then spend another two weeks having the discussion so many of us have wanted to have for decades.
Capitalism vs. Socialism.
Let’s weigh out the success stories of Socialism and Capitalism. We can even allow the Left the entire globe to pick and choose examples illustrative of their planned brilliance. We can hold our hands behind our back and not bring up the recent embrace of the free-markets happening in China, Vietnam, South America, etc. We can just stick to home and then even further constrain ourselves by citing only examples in the last 250 years.
The profound difference between the two mutually exclusive governing theories is truly what this and the next 1000 elections should be about… so let’s get out of the way and let the Liberals drive this bus for a week.
Cheers to finally getting around to what matters and away from that which does not.