Well, there sure is a LOT of bull in this particular comic.
Ramirez seems to have followed that fellow Barton in rewriting history extensively, and leaving out a lot that is inconvenient while at the same time accusing others of doing just that.
My niece and her husband lost their jobs, and health insurance. He had as stroke, she got “Bained” in her job.FORTUNATELY, he was a vet, and could get help from VA. Under the Ryan/Mitt program, they would have been screwed, period if not for VA, which Ryan also proposes CUTTING, while giving MORE to defense contractors, and cutting taxes on the rich, which includes those defense contractors.
Ramirez has the facts correct….the Dem ad is a LIE and the Dems’ cya responses are LIES….but if the GOP uses the same logic….how many thousands died due to Dem/Obama business take-overs and closures…and due to Obamacare’s take-over and PERMANENT CHANGES to Medicare/Medicaid?-Bain Capitol had an 80% success rate in investing in and rerorganizing failing businesses! The goal was to invest, save the company, and keep jobs and make profits for everyone, including taxes to government…fed, state, local.
Good heavens, since when does ANY US President have anything to do with running private businesses?Oh wait, O’Buma THINKS he does, but the fact of the matter is, in this country, Presidents are supposed to keep their grubby hands out of privately own businesses, so what does who ever was the President when the massive layoff occurred?
Why doesn’t the strip mentioning GST’s closure in the timeline? I’m sure they were happy enough smearing honest workers with the strike brush rather than have to explain how Bain stripped the wages, as well as cut benefits, and pensions causing the strike then deciding since Americans wanted to earn an actual LIVING WAGE the closed it rather than pay American workers what they’re worth. I mean why pay for the most PRODUCTIVE workforce in the world when you can get people to SETTLE for shoddy, poorly made, disposable, crappy products from over seas.
The parts that aren’t true:1. That Bain invested $100 million in the company. That was an accounting trick, largely, which resulted in the company taking on $100 million in debt.2. The implication that “$1 billion in revenues” represented a profitable company. GST was in debt straight the way through; revenues =/= profit, or for that matter return on investment.3. The implication that the labor strike had anything to do with unreasonable employees making back-breaking demands on a profitable company. The company was in debt, but was threatening basic employee benefits and working conditions beyond what employees considered to be a reasonable response. Non-unionized plants simply lost those. Money continued to flow freely to shareholder and CFO “bonueses”, however.4. The idea that Romney left Bain in 1999 (he didn’t; surely everyone knows by now that he left in 2002) — and the idea that he “rescued” the Olymips?! Uh, the rest of the world would like to tell you that THAT is nonsense.5. That the economy and cheap imports were the ONLY reason that GST went bankrupt, as many companies did; the truth is, it is widely acknowledged that Bain mismanaged both the production and the finances of the company, which meant it had no chance of weathering the downturn.
The only thing purely true:That Obama’s people knew Soptic and had used him in an earlier ad.AndIf Soptic hadn’t been laid off and promises of employee benefits had been kept, his wife would still have had insurance coverage, so could have gotten her symptoms checked on before the cancer hit an inoperable Stage IV.
lbatik over 11 years ago
Well, there sure is a LOT of bull in this particular comic.
Ramirez seems to have followed that fellow Barton in rewriting history extensively, and leaving out a lot that is inconvenient while at the same time accusing others of doing just that.
Heavy B over 11 years ago
Republicans should change their nick name from “Party of Lincoln” to “Party of dish it out but can’t take it.”
Uncle Joe Premium Member over 11 years ago
Romney put it best when he said, if they lived in Massachusetts, they would have had health insurance.
Dtroutma over 11 years ago
My niece and her husband lost their jobs, and health insurance. He had as stroke, she got “Bained” in her job.FORTUNATELY, he was a vet, and could get help from VA. Under the Ryan/Mitt program, they would have been screwed, period if not for VA, which Ryan also proposes CUTTING, while giving MORE to defense contractors, and cutting taxes on the rich, which includes those defense contractors.
disgustedtaxpayer over 11 years ago
Ramirez has the facts correct….the Dem ad is a LIE and the Dems’ cya responses are LIES….but if the GOP uses the same logic….how many thousands died due to Dem/Obama business take-overs and closures…and due to Obamacare’s take-over and PERMANENT CHANGES to Medicare/Medicaid?-Bain Capitol had an 80% success rate in investing in and rerorganizing failing businesses! The goal was to invest, save the company, and keep jobs and make profits for everyone, including taxes to government…fed, state, local.
padgetster over 11 years ago
Good heavens, since when does ANY US President have anything to do with running private businesses?Oh wait, O’Buma THINKS he does, but the fact of the matter is, in this country, Presidents are supposed to keep their grubby hands out of privately own businesses, so what does who ever was the President when the massive layoff occurred?
DavidB1959 over 11 years ago
Why doesn’t the strip mentioning GST’s closure in the timeline? I’m sure they were happy enough smearing honest workers with the strike brush rather than have to explain how Bain stripped the wages, as well as cut benefits, and pensions causing the strike then deciding since Americans wanted to earn an actual LIVING WAGE the closed it rather than pay American workers what they’re worth. I mean why pay for the most PRODUCTIVE workforce in the world when you can get people to SETTLE for shoddy, poorly made, disposable, crappy products from over seas.
lbatik over 11 years ago
The parts that aren’t true:1. That Bain invested $100 million in the company. That was an accounting trick, largely, which resulted in the company taking on $100 million in debt.2. The implication that “$1 billion in revenues” represented a profitable company. GST was in debt straight the way through; revenues =/= profit, or for that matter return on investment.3. The implication that the labor strike had anything to do with unreasonable employees making back-breaking demands on a profitable company. The company was in debt, but was threatening basic employee benefits and working conditions beyond what employees considered to be a reasonable response. Non-unionized plants simply lost those. Money continued to flow freely to shareholder and CFO “bonueses”, however.4. The idea that Romney left Bain in 1999 (he didn’t; surely everyone knows by now that he left in 2002) — and the idea that he “rescued” the Olymips?! Uh, the rest of the world would like to tell you that THAT is nonsense.5. That the economy and cheap imports were the ONLY reason that GST went bankrupt, as many companies did; the truth is, it is widely acknowledged that Bain mismanaged both the production and the finances of the company, which meant it had no chance of weathering the downturn.
The only thing purely true:That Obama’s people knew Soptic and had used him in an earlier ad.AndIf Soptic hadn’t been laid off and promises of employee benefits had been kept, his wife would still have had insurance coverage, so could have gotten her symptoms checked on before the cancer hit an inoperable Stage IV.
lbatik over 11 years ago
*Olymips = Olympics. >_<