obama's DOE has better rate of success than bain capital
- Thread starter UncleBuck
- Start date
I am all for infrastructure work to increase employment.
The big issue we run into with that today is, most of these crews are comprised of immigrants (mostly illegal).
So, the jobs don't help us as much as you would like, and the money ends up going back to origin countries.
Ends up being a lose, lose.
When they clamp down on contractors hiring illegals inorder to pay 1/3rd of scale, then it might be helpful.
As it is now, it is like Rome. The citizens were going broke because all of the work was given to slaves.
The big issue we run into with that today is, most of these crews are comprised of immigrants (mostly illegal).
So, the jobs don't help us as much as you would like, and the money ends up going back to origin countries.
Ends up being a lose, lose.
When they clamp down on contractors hiring illegals inorder to pay 1/3rd of scale, then it might be helpful.
As it is now, it is like Rome. The citizens were going broke because all of the work was given to slaves.
justanotherbozo
Well-Known Member
---or in this case, Romney.
Winter Woman
Well-Known Member
I can't believe you are comparing a department of the government to private enterprise. Bain Cap must have done something right or else you wouldn't be doing the comparison
see4
Well-Known Member
What? No. It's a comparison between two people. Not two entities. Remember you guys are the ones saying Obama is bad at everything, including making business decisions. The comparison only goes to show, once again, you are wrong.
Winter Woman
Well-Known Member
The OP had this in his original post:
obama had an 83% success rate with his DOE investing in green energy companies.
http://finance.fortune.cnn.com/2012/...-canard-alive/
romney had a 78% success rate at bain capital.
http://communities.washingtontimes.c...erals-still-d/
that is comparing the DOE to Bain, it is not comparing two men
the title of the thread even compares DOE to Bain.
see4
Well-Known Member
We are having a dispute with semantics. Would you agree that these two men had ultimate authority over respective entities? If you do not, then there is no argument because are you are ignoring the premise.
Winter Woman
Well-Known Member
There is a massive difference between a governmental agency with almost unlimited amounts of manpower and money and a private company with limited manpower and money.
see4
Well-Known Member
But again, the ultimate decision is made by the respective controllers. You can't blame Obama for making poor investment decisions, then turn around and not give him credit for making good ones. The OP is illustrating this point. You are refusing to observe it.
I invested in 20 companies which cost me $20,000. After four years 3 of them had failed. out of the 17 left they each had a value of less than $10 each.so, just to point ot one of romney's many, many, many lies last night, let's take this one for example:
You put $90 billion into -- into green jobs. And -- and I -- look, I'm all in favor of green energy. Ninety billion (dollars) -- that -- that would have -- that would have hired 2 million teachers. Ninety billion dollars. And these businesses -- many of them have gone out of business. I think about half of them, of the ones have been invested in, they've gone out of business.
so, this is a lie. how de we know it, besides that it came out of romney's mouth?
empirical data, that's how.
obama had an 83% success rate with his DOE investing in green energy companies.
http://finance.fortune.cnn.com/2012/10/04/mitt-romney-keeps-solyndra-canard-alive/
romney had a 78% success rate at bain capital.
http://communities.washingtontimes.com/neighborhood/tygrrrr-express/2012/may/23/mitt-romney-and-bain-capital-what-liberals-still-d/
but we have two weeks to dissect the many, many, many lies that came out of willard's mouth last night, which dumbass righties like NLXSK and beenthere no doubt gobbled up as if it were their pastor's shriveled old cock.
Did I have a 85% success rate? Or did I lose 99% of my investment?
What I want to know is the value of our investments at this time compared to what we put up.
That's really the only way to tell if an invesment is working or not.
Do you know Bucky? How much have we spent vs how much is it all worth now? Those failed companies have cost us several Billion in total, hopefully the other companies have all been growing and are making good revenue and costs are less than profits.
The president has NO authority when it comes to spending ANY government money. NONE at all. He can't even spend a single dollar without permission.
LOL like Obama is sitting around telling people what companies to give money to and how much. hahahahahahaha
Romney on the other hand has plenty of authority as long as he is majority stock holder.
see4
Well-Known Member
Ok, so you agree that the Solyndra scandal wasn't actually Obama's fault. Ok, good, glad we cleared that up. Have a nice day kiddo.
I totally agree, it wasn't Obama's fault. Almost nothing is Obama's fault except for any laws that get passed which fuck over the average citizen, those are all his fault since the buck is supposed to stop at the President, but I imagine Obama spent that dollar.
The stock market is not Obama's doing, stop giving him credit for that bubble.
Low Interest rates have nothing to do with Obama, stop giving him credit.
I can pull up plenty of shitty laws that Obama signed, I can tell you all about how big banks are allowed to rob, cheat and still with impunity and Obama will NOT go after them for it.
One thing I can't do is blame Obama for spending, because presidents have no say over the apron strings of finance.
see4
Well-Known Member
Awww, poor echo is chasing me around RIU claiming I make $28k a year and apparently now Im fat. You're kinda funny little buddy. Nothing really to add to any conversation, just trying to get your post count up. I get it man, you do you. I be where I'm at.