**Official** townhall debate thread - Mitt Romney vs. Barack Obama

Neither are talking about debt or spending. They're talking about taxes. Who cares about taxes? Taxes are just a symptom of spending.
 
I know what it takes to make an economy work.

Yeah, lever it up, pay special dividends, fire everyone, declare chapter 11 and build a house on the beach with the profits.

I'm always amused by the Marxist belief that LBO/PE companies make money by actually destroying value. Men, those former owners and the banks that loan the money must be really dumb.

I guess this is to be expected in a country where people learn about economics and businesses from Hollywood films, tv shows and political campaigns.
 
For Obama to claim he has reined in Wall Street is a bold faced lie. How can he deliver that line with a straight face
 
I'm always amused by the Marxist belief that LBO/PE companies make money by actually destroying value. Men, those former owners and the banks that loan the money must be really dumb.

I guess this is to be expected in a country where people learn about economics and businesses from Hollywood films, tv shows and political campaigns.

I have a Harvard MBA. The LBO business is corrupt and only works because of fiat money.

I was in the PE business. Growth equity investing adds value. LBO' s are a fraud.

To suggest that my comment is Marxist is absurd.
 
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I'm not watching the debate, but from what I'm seeing here, it's about to turn into an old-fashioned duel.
 
That woman seemed pretty unfamiliar with the question she was supposed to ask....hmmm.
 
I have a Harvard MBA. The LBO business is corrupt and only works because of fiat money.

If you believe Rothbard's theories about fiat money and fractional reserve banking, then you can say that about pretty much every business on earth.

Your description above shows you have no idea whatsoever on how the LBO business model works. Tip: it's not by destroying value.
 
Ha ha, Romney broke into baby talk when responding to the non-native English speaker.
 
If you believe Rothbard's theories about fiat money and fractional reserve banking, then you can say that about pretty much every business on earth.

Your description above shows you have no idea whatsoever on how the LBO business model works. Tip: it's not by destroying value.

Ever hear of the term fraudulent conveyance? You are right it is not about destroying value, it is about transferring it. It most certainly is not about creating value .
 
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