Figured you would say that, its the current talking point going around


Newsflash, capitalism isn't designed for EVERYONE to succeed, businesses fail. What he did with boehn was invest in companies or strip them down to make them competitive, sometimes layoffs are inevitable. Sometimes people come in, liquadate a company for profit because its business model ISNT PROFITABLE.

Solydra was the same thing except the only problem with that is Obama used TAX PAYER money and govt subsidized loans.

If someone wants to use their private capital to make money, as long as its legal, so what. If someone approached me tomorrow and said hey, $10000 investment we can buy out this failing company and sell its assets for $100,000, well have to lay everyone off ......I'd do it in a heartbeat. Laying people off that would already be fired anyway, what's the big deal?

People do it with cars ALL THE TIME. Someones $1000 wrecked RSX type s, someone will come in, buy it, and part it out in pieces to make more money.

Venture capitalists do the same thing. If its a proven business model, they'll keep it, if not they part it out.

No one talks about the jobs he created from staples etc

When did having a job become a right? Its not a right, its a privledge you EARN.

our domestic auto companies are incompetent and not competitive becauee of unions. We SHOULD lay off jobs to make it more efficient and streamline work, instead, the workers say no, even though we are bankrupt, we want a raise.

real world doesn't work that way.

Socialized investment and private losses is wrong.

Private investment and private losses/gains is perfectly American