WilliamShrugged
Member
- Joined
- Sep 5, 2010
- Messages
- 593
thats the romney 5 point plan for recovery??? man thats bad
Yeah kind of a big elephant in the room to ignore.
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
thats the romney 5 point plan for recovery??? man thats bad
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.
Did Obama just say he ended the war in Iraq??? Are we not at war anymore in Iraq?
I'm not watching the debate, but from what I'm seeing here, it's about to turn into an old-fashioned duel.
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.