Exclusive: Bain eyes $6 billion-$8 billion fund, toys with fees
This is not good news to me. I have great disdain for leverage buyouts. They demoralize good companies, gut their R &D, reduce the number of competitors once by one, lay off many workers, reduce benefits and wages for those left with a job, and the SOBs get rich while the working class suffers and the customer has less choices as fewer companies to select from. This is greedy selective capitalism and I don’t like it one bit. It stinks!
This is Mitt Romneys’ business model.
The lions roar in dividing and reducing the heard while the hyenas come after weak and wounded and the vultures come in for the leftovers.
Must be raising lots of money for Mitten’s campaign.
Global buyout. SCOTUS has already said corporations are people in essence reducing the USA from a representative democratic republic to a monied plutocracy. Perhaps Bain’s global buyout will produce the first US dictator in Mr. Romney. Freedom and liberty sold for 6 billion.


