Today is

Thursday, January 12, 2012

GOP and Media Come Out To Defend Vulture Capitalism

What is Vulture Capitalism?

A fraudulent investment scheme to invest in companies, leverage them up with debt, and then sell them off for scrap, allowing investors to walk away with borrowed money while the companies wind up in bankruptcy, laying off workers and reneging on benefits. Many right-wing hardliners, Conservatives and Wall Street boosters consider this a normal, honorable way to conduct business.

If you don't agree, you're a socialist.

Think Progress Excerpt:
Gingrich said Romney’s firm consisted of “rich people figuring out clever, legal ways to loot out a company;” Huntsman claimed Romney liked “firing people;” Perry said that Romney must’ve been worried that he would “run out of pink slips” to give people.

John Sununu Calls Gingrich and Perry's Attacks on Mitt Romney 'Socialist.'

Vulture capitalist media defend Romney, claims they'll all pay for their criticisms of the party's frontrunner.

No comments:

Post a Comment