cross-posted from: https://lemmit.online/post/1189194
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The original was posted on /r/antiwork by /u/bigassbunny on 2023-10-24 03:46:03.
Mitt Romney and Liz Cheney are great, when compared to the rest of the party. Let that sink in. That’s how low the bar is now.
It actually baffles me that a Cheney is considered moderate center now days
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Anyone remember the time that Toys R’ Us decided to take out a gigantic loan to pay off the “management fees” of Bain Capital for the fine virtue of being managed into the fucking ground?
I do.
Is that why they went bankrupt back then? Man, what fuckers.
More or less.
Bain (with Romney at the helm) became masters of the leveraged corporate buyout. That means they use loans to purchase a company. Those creditors would be paid back through bain’s revenue which is made up of management fees from the companies it bought. Then Bain would send in managers to make the company look awesome by boosting revenue and reducing expenses. (You can recognize this when private equity buys something and suddenly one guy is doing the work of four - while the assets are liquidated around him.) Bain uses this performance to say to creditors - look how awesome they’re doing - give us a loan! So they take out an enormous loan and pay all of that money to themselves and let the former shell of the company collapse around them.
The horribly shitty thing about it is everyone talks about capitalism like it is zero-sum. That’s really not true - economies work together and create new wealth out of our labors. Well, Bain is zero sum. Their money comes from taking from others. That kind of business is fucking evil. Bain is fucking evil. Mitt Romney is fucking evil. People who associate with him (the Mormon Church that enabled him, the Republicans that idolized him) are a mixture of fucking evil and stupid.
Thank you! Fuck this asshole.
The best PR money can buy. Filthy fucking rich at the expense of others.
The GOP is its own version of Dante’s Inferno where they’re all evil but some of them are more evil than others.
baby steps, people
I’ll never forget what he tried to do to Big Bird 😡
Hi, Overton window? Can you hear me? You’re moving too fast!
Good people can do bad things and bad people can do good things. Celebrate the good and chastise the bad. You aren’t going to find a 100% always good person.
It’s the same for everything… It’s America, treating people like shit and being greedy is exactly how it’s meant to be.
There are no good politicians. Not one. Ever.




