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Re: Some facts about Mitt Romney

Posted by Train Dude on Mon Jun 4 18:03:40 2012, in response to Re: Some facts about Mitt Romney, posted by Railman718 on Mon Jun 4 12:58:48 2012.

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Absolutely not true but it makes for great propaganda. Companies go broke and their contracts with unions get abrogated every time. Hasn't this happened several times in the Airline industry? All Bain did was provide a parachute where these companies trim fat, and yes, in certain circumstances shed onerous contracts, and streamline the company to return it to profitability. Which would you prefer - American Airlines or Pan Am? Yeah - sometimes its not pretty but it beats the alternative where the company goes belly up and everyone including the stock holders lose. That's capitalism.

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