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Friday, May 18, 2012

BAIN, Corporate Raider!

      In the 1980's and 90's there were groups of companies called "corporate raiders". They would buy out supposedly troubled companies, chop them up into divisions and then sell off each division like scrap, for as much as they could, destroying the company and firing the workers with only a small severance package. They would take the employees retirement and insurance funds as huge profits, leaving the former employees out in the cold. Doesn't that sound like something we've been hearing in the news media quite a bit lately? To me it sounds like a dead on description on Bain Capital, the company run by republican presidential nominee Mitt Romney, who calls himself a job creator. Job killer is more like it!.
     While republicans try to make Mr. Romney into a hero, I can't help but wonder how they would feel if it was their job that was lost in this manner and they were left without work and nowhere to turn. They, like Romney, haven't got a clue what it's like to live in the real world, to depend on a job for a living. That is why I'm so flabbergasted when I hear so many working class people voting for reublicans, believing all the garbage these guys keep spewing out. They keep telling us that Mr. Romney would make such a great president. Maybe he would, for them! But if you have to work for a living you had better beware, or you'll wind up with buyer's remorse... after it's too late.

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