If you’re not familiar with AMPAD …. you need to read this HERE. This video comes from the Obama campaign right before the first debate with Romney.
Bottom line – Bain Capital buys a profitable company under Romney’s leadership. They load it with debt … force it to pay millions in management fees and then when it couldn’t handle the debt burden they were placed under …. Romney and his partners walk away with $100 million and all of the employees lose everything.
That’s the Romney legacy. And Romney thinks Americans are envious of him for his wealth … instead of understanding that we just think he’s a heartless S.O.B. who would do anything for a nickel. It’s a real crime what he did to AMPAD. It isn’t a proud moment in American history.
More stories like that HERE and HERE and HERE and HERE and HERE and HERE and HERE.
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[...] Originally Posted by h0neymustard Anyone with a brain would know that's what investing in companies does. You put in money to buy infrastructure and goods, and those goods are sold at a profit, and then you get a cut of that profit. Simple, really. But some people… Democrats: Let's Ban Profits! – YouTube One more time for the hard headed “Bain Capital Put Armed Guards At The Doors … And Told Us We Were All Fired” &… [...]
[...] More stories on how Romney exploited workers when he was at Bain Capital HERE and HERE and HERE and HERE and HERE and HERE and HERE and HERE. [...]