Profit Once Again Is Insulting To Liberals
and they may even consider it a racial slur. MamaJonesey is getting her money's worth out of Jimmah Cawta the Thaird. He's scouring the interweb looking for old video clips of Romney and since Romney has been a relatively public person since he returned from his misssionary work, finding video of Romney isn't that hard to do.
So we have a video from 1987 when Romney was at Bain and he's explaining his investment protocols and he used the word "harvest" to describe reouping the original investment plus the gains.
The liberal press, ever ready to find offense where none exists, immediately inferred the word "harvest" really meant cutting down, reaping, removing from the ground and then twisted that to imply that Bain, and by extension, Romney, just goes in and mows companies down with no thought of the underlying effects this will have on the employees.
While that makes for a good case of the vapors from the propaganda arm of Dear Leader's regime, it's not what was being said. Not even close.
Here's an analogy I prefer: A financially ailing company is like a sick fruit tree. Its standing there; it's been productive in the past, but for whatever reason, it can't produce anything now. Instead of cutting the tree down, you spend the money to revive the tree. That takes time. But it pays off. After 1 or 2 years, the tree is re-invigorated and producing fruit. Thats the payoff and the harvest. Reviving ailing companies is what Bain did. They invested the capital; created jobs; increased manufacturing capability. Once the company was profitable, they took their original investment plus any profits they were entitled to and moved on to the next one. Meanwhile, people are working and a company is producing.
But this is, after all, the VLWM. They are so invested in the current occupier of 1600 Pennsylvania Ave they have to work overtime to find anyting, ANYTHING, that makes Romney look bad, greedy, or even worse, rich and white.
"Oh the humanity!!!!!"
So we have a video from 1987 when Romney was at Bain and he's explaining his investment protocols and he used the word "harvest" to describe reouping the original investment plus the gains.
The liberal press, ever ready to find offense where none exists, immediately inferred the word "harvest" really meant cutting down, reaping, removing from the ground and then twisted that to imply that Bain, and by extension, Romney, just goes in and mows companies down with no thought of the underlying effects this will have on the employees.
While that makes for a good case of the vapors from the propaganda arm of Dear Leader's regime, it's not what was being said. Not even close.
Here's an analogy I prefer: A financially ailing company is like a sick fruit tree. Its standing there; it's been productive in the past, but for whatever reason, it can't produce anything now. Instead of cutting the tree down, you spend the money to revive the tree. That takes time. But it pays off. After 1 or 2 years, the tree is re-invigorated and producing fruit. Thats the payoff and the harvest. Reviving ailing companies is what Bain did. They invested the capital; created jobs; increased manufacturing capability. Once the company was profitable, they took their original investment plus any profits they were entitled to and moved on to the next one. Meanwhile, people are working and a company is producing.
But this is, after all, the VLWM. They are so invested in the current occupier of 1600 Pennsylvania Ave they have to work overtime to find anyting, ANYTHING, that makes Romney look bad, greedy, or even worse, rich and white.
"Oh the humanity!!!!!"
posted by concretebob at 6:43 PM
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