tag:blogger.com,1999:blog-6718772691289114123.post1882377504302505910..comments2024-03-26T15:37:57.556-07:00Comments on Idiot Tracker: Romney's BainTheTrackerhttp://www.blogger.com/profile/10011829472333355911noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6718772691289114123.post-91125927460652993422012-05-24T02:54:00.186-07:002012-05-24T02:54:00.186-07:00Great Article. Always looking for different types ...Great Article. Always looking for different types of ideas, I just bookmarked this site. Thanks very much, I appreciate you making this article available; the rest of the site is also well done. Have a great day<br /><a href="http://ductcleaningflorida.com/air-duct-cleaning-cooper-city-fl/" rel="nofollow"> air duct cleaning Cooper City florida </a>Adminhttps://www.blogger.com/profile/00931667808516627082noreply@blogger.comtag:blogger.com,1999:blog-6718772691289114123.post-63678306687443135612012-01-17T01:56:13.278-08:002012-01-17T01:56:13.278-08:00Single rich investor, I meant to say.Single rich investor, I meant to say.TheTrackerhttps://www.blogger.com/profile/10011829472333355911noreply@blogger.comtag:blogger.com,1999:blog-6718772691289114123.post-62009399440688227862012-01-17T01:55:35.002-08:002012-01-17T01:55:35.002-08:00The notion that we need massively wealthy plutocra...The notion that we need massively wealthy plutocrats in order to create jobs is a fallacy. We have had joint-stock corporations for four hundred years (Virgina was settled by one of the first ones) and as long as you have that, you can do anything in business requiring great wealth even if your individual investors do not have a single investor among them.<br /><br />Of course, if you bleed rich people dry, you will have a capital-flight problem, like the one the UK had in the 60s-70s. But, as you can tell from the fact that Britain is still a rich, successful country and not a smoldering ruin, there are ways to address capital flight; it's a problem, not a death sentence. And you need a relatively more attractive place to flee to; the US, with some of the lowest overall tax rates in the developed world, is a long way from taxing rich peole so heavily that they move to Europe.<br /><br />But Bain's problem is deeper than this. They cheated. Seizing control of a company and forcing it to borrow money and turn it over to you, or pay millions to you in management fees as it goes bankrupt, is theft, not capitalism. It should be illegal. And it should disqualify the participants from any position of public trust.TheTrackerhttps://www.blogger.com/profile/10011829472333355911noreply@blogger.comtag:blogger.com,1999:blog-6718772691289114123.post-77977369576876800592012-01-16T14:49:47.033-08:002012-01-16T14:49:47.033-08:00Piggybacking on Joshua's point: Bain proves th...Piggybacking on Joshua's point: Bain proves that taxing wealth is not the same as discouraging job creation, and that the 0.01% would be horrified if their favorable tax rate depended on jobs added to the US economy.manuel moe ghttps://www.blogger.com/profile/04878149837118503541noreply@blogger.comtag:blogger.com,1999:blog-6718772691289114123.post-11761404275808523032012-01-16T06:04:54.090-08:002012-01-16T06:04:54.090-08:00But some of the companies Bain worked with, like S...But some of the companies Bain worked with, like Staples, now employ workers (albeit, at low paying jobs that fail to lift people out of povery and leave those employees unable to afford healthcare for their children) even as they have created wealth in our economy (that is disproportionately concentrated in the bank accounts of executives who make hundreds of times more than their hardworking colleagues lower down on the corporate ladder).Joshuahttps://www.blogger.com/profile/08058404311263880189noreply@blogger.com