quotes:
- Through his own words and a propagandistic documentary produced by Winning Our Future, a well funded pro-Newt Super PAC run by a former campaign aid, Gingrich has attempted to paint Romney as a heartless, out of touch, capitalist monster—the King of Bain—whose firm made millions through mass firings and layoffs. [ comment: or as Krugman has done, call him Gordon Gekko.]
- Gingrich’s attacks aren’t just helping to unite conservatives in defense of Romney, they’re distracting from the very real flaws in Romney’s record.
- Kaplan wrote in a 2008 paper for the National Bureau of Economic Research...evidence suggests that private equity activity creates economic value on average
- story of UniMac, a Florida company that made laundry equipment...Raytheon bought UniMac in 1994, then merged it with other companies. Bain didn’t buy that unit until four years later.
- There are plenty of reasons to complain about Romney, but his time at Bain isn’t one of them.
Yes, if only Romney was a real Gordon Gekko who would come to Washington DC and straighten it out. The character in the video shown on an earlier post is not all bad. There some good points in that video.
Update:
With respect to the definition of greed, here's what Wikipedia says about it:
greed is an inordinate desire to acquire or possess more than one needs or deserves.
Yes? But who decides that? Needs are subjective, an individual knows what he/she needs. It may not necessarily be just the bare essentials for survival, but things in addition to that. What if your opinion is that nobody needs anything other than that? Who would impose that limit upon everyone? And if you didn't, who would be exempt, and why?
As for what you deserve, that is also subjective. How do you decide that? Not a simple question, nor is there a simple answer.
Update:
Does wealth come from greed?
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