parkerskouson
Android Enthusiast
Mitt, Rick, or Newt. Why?
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I'll be interested to see where you are living next year then...If Obama wins again, Ill probably move out of the country. Infact, unless Ron Paul wins, this country is doomed.
If Obama wins again, Ill probably move out of the country. Infact, unless Ron Paul wins, this country is doomed.
... Mitt Romney is pragmatic in his assessment of what he wants to be accomplished, what needs to be accomplished, and what can be accomplished based on the political environment. ...
Believe Romney is vulnerable in his relations ($300 million junk bond financing) with Bain, Drexel-Burnham-Lambert and Michael Milken, the Bernie Madoff of his day, after the SEC filed a complaint against Drexel and Milken for insider trading
The relationship turned out well for Romney, Bain made a $175 million gain by 1997 on its junk bond takeover of Stage Stores, but by 2000, when Stage Stores filed Chapter 11 due to high debt, Bain & company had already cashed out.
A success story for Romney & Bain, but not for investors, pensions, mutual funds or workers.
As far as I can tell, Romney didn't break the law, but his judgement can be called into question.
... Interesting you brought up Milken though. His junk bond scheme wasn't illigal, his insider trading was. His premise was that you could take poorly rated borrowers loans (i.e. junk bonds) and groups a bunch of them together in a fund sell shares to that fund. The thought being that some or a few borrowers may default but enough of the loans in the fund would stay solvent to make the overall return safe. ...
That premise caused a 1/2 trillion taxpayer bailout. My understanding of what happened is Michael Milken and his closest associates willfully, deliberately, and systematically plundered certain S&Ls. A principal feature of the Milken operation was a variation on what mobsters refer to as a
Don't like any of them. They're all too extremist for me.Mitt, Rick, or Newt. Why?
Don't like any of them. They're all too extremist for me.
I think Nixon gets a bit of bashing over the whole corruption and lack of empathy debacle, as well as the way he used took the imperial Presidency to new heights. That aside, he wasn't terrible.
I think Nixon gets a bit of bashing over the whole corruption and lack of empathy debacle, as well as the way he used took the imperial Presidency to new heights. That aside, he wasn't terrible.
I also reckon JFK is a bit overrated - mostly due to his asassination and success with the Cuban Missile crisis.I've heard historians also don't necessarily think that JFK was as great as he's been made out to be. I guess because of the tragedy surrounding his assassination and because of his speeches, people judge him more optimistically.
Am I alone in thinking that it seems the Presidents of the past were more moderate and less influenced by special interests than the Presidents of the past 3 or so decades?
It would be interesting to see how the decisions of past Presidents would be viewed by today's liberal/conservative if the name of the President was removed from his action and just presented to someone as a general act. I wonder if a staunch conservative would consider the Emancipation Proclamation a liberal or conservative action. Granted, I've heard some people say he did it more to disrupt the South during war than for the altruistic reasons.