Barack Hussein Obama cannot run on his record. To do so would guarantee his defeat. Obama is desperate to keep the political discussion away from his performance as president, his abuse of power, and his flagrant trashing of the U.S. Constitution.
In an effort to hide his own record Obama has decided to attack Mitt Romney for being an evil, vicious, unscrupulous “CAPITALIST’. Mr. Romney is without a doubt a capitalist, but everything else is an absolute lie. This should not come as a surprise as everyone knows that Obama lies often and with more conviction than he tells the truth. Furthermore, Obama’s political bible, “Rules for Radicals” tells him to attack his ‘enemies’. That the attack need not be based on any truth; repeating the lie frequently will “make it the truth”.
Obama would have you believe that investment companies like Bain Capital, which Mr. Romney once headed, make their living buying companies, firing the employees and selling off the assets.
Companies like Bain Capital make profits by risking their own money in failing companies. It is very much like playing poker. A hand is dealt (a troubled company); the investor exams that hand (why is it in trouble & can I we fix it?); if he likes what he sees he plays the hand (buys the troubled company). The investors then infuse more money and make whatever changes are needed to restore the troubled company to good market value so that the once troubled company can be sold at a profit.
There are times when the investors loose the bet and cannot save the company. On those occasions the investors close the company and sell whatever assets they can to prevent additional loses. They never make “massive profits”, as Obama claims.
If there was money to be made by the sell assets, you can bet the original owners would have done so.
In most venture capital deals people do loose their jobs.
You cannot save a company as long expenses exceed income. In almost every business employees are the largest expense.
Some years back one the world’s major corporations found themselves losing hundreds of millions of dollars per year.
They hired a tough, no nonsense CEO with a track record of saving failing businesses. One of his first actions was to fire 20,000 employees. The newspapers and television attack him as heartless. However, a few short years latter the company had returned, better than before and had added many times over the number that had been fired.
Obama has focused on a single company wherer Bain Capital gambled and lost. He attempts to hang that failure around Romney’s neck to prove how evil and heartless he is.
If Obama ever told the truth on this issue, you would know that Romney had left Bain Capital more than 2 years prior to this lone failure on the part of Bain Capital.
The facts are that if it were not for lies, Obama would have nothing to say. --WD
Comments are invited!
Send feedback to: WatchDog
.
Showing posts with label attacks. Show all posts
Showing posts with label attacks. Show all posts
Friday, June 8, 2012
Running A Champaign Based On Lies
Wednesday, May 2, 2007
25 Years of Islamic Attacks
November 1979
Iranian students attacked and seized the American Embassy in Tehran. Americans began to be kidnapped and killed throughout the Middle East.
April 1983
US Embassy compound in Beirut hit by truck bomb. 63 people killed.
September 1983
US Marine Corps headquarters in Beirut attacked with huge truck bomb. 241 US servicemen are killed.
December 1983US Embassy in Kuwait attacked with truck bomb
September 1984US Embassy in Beirut attacked again with a truck bomb
April 1985
A bomb explodes in a restaurant frequented by US soldiers in Madrid.
August 1985
A Volkswagen loaded with explosives is driven into the main gate of the US Air Force Base at Rhein-Main, 22 are killed
October 1985
A cruise ship, the Achille Lauro is hijacked. An American in a wheelchair is singled out of the passenger list and executed.
April of 1986The terrorists bomb TWA Flight 840. Kill 4 1988
December 1988
The terrorists bomb Pan Am Flight 103 over Lockerbie, Scotland in 1988, killing 259.
January 1993
Two CIA agents are shot and killed as they enter CIA headquarters in Langley, Virginia.
February 1993World Trade Center in New York City attacked with bomb in a van. Six people are killed and over 1000 are injured.
November 1995A car bomb explodes at a US military complex in Riyadh, Saudi Arabia killing 7 service men and women.
June 1996
A truck bomb explodes 35 yards from the US military compound in Dhahran, Saudi Arabia. It destroys the Khobar Towers, a US Air Force barracks, killing 19 and injuring over 500.
August 1998Simultaneous attacks on two US embassies in Kenya and Tanzania.. They kill 224.
October 2000
The USS Cole was attaked in the port of Aden, Yemen. 17 US Navy Sailors killed
September 11, 2001
Both World Trade Towers are brought down and the Pentagon is attaked! Over 3000 Dead!
Iranian students attacked and seized the American Embassy in Tehran. Americans began to be kidnapped and killed throughout the Middle East.
April 1983
US Embassy compound in Beirut hit by truck bomb. 63 people killed.
September 1983
US Marine Corps headquarters in Beirut attacked with huge truck bomb. 241 US servicemen are killed.
December 1983US Embassy in Kuwait attacked with truck bomb
September 1984US Embassy in Beirut attacked again with a truck bomb
April 1985
A bomb explodes in a restaurant frequented by US soldiers in Madrid.
August 1985
A Volkswagen loaded with explosives is driven into the main gate of the US Air Force Base at Rhein-Main, 22 are killed
October 1985
A cruise ship, the Achille Lauro is hijacked. An American in a wheelchair is singled out of the passenger list and executed.
April of 1986The terrorists bomb TWA Flight 840. Kill 4 1988
December 1988
The terrorists bomb Pan Am Flight 103 over Lockerbie, Scotland in 1988, killing 259.
January 1993
Two CIA agents are shot and killed as they enter CIA headquarters in Langley, Virginia.
February 1993World Trade Center in New York City attacked with bomb in a van. Six people are killed and over 1000 are injured.
November 1995A car bomb explodes at a US military complex in Riyadh, Saudi Arabia killing 7 service men and women.
June 1996
A truck bomb explodes 35 yards from the US military compound in Dhahran, Saudi Arabia. It destroys the Khobar Towers, a US Air Force barracks, killing 19 and injuring over 500.
August 1998Simultaneous attacks on two US embassies in Kenya and Tanzania.. They kill 224.
October 2000
The USS Cole was attaked in the port of Aden, Yemen. 17 US Navy Sailors killed
September 11, 2001
Both World Trade Towers are brought down and the Pentagon is attaked! Over 3000 Dead!
Labels:
25 years of attacks,
attacks,
Attacks on US,
Islamic war
Subscribe to:
Posts (Atom)