$100K a year salary for doing nothing.

Discussion in 'Current Events' started by Jebediah, Jul 15, 2012.

  1. The Mello Guy

    The Mello Guy Well-Known Member

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    should I assume all your stupid remarks are really to show us how stupid liberals sound?
     
  2. FreshAir

    FreshAir Well-Known Member Past Donor

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    the DOJ has released what they could, they can not release files for on-going investigations and court cases, common sense it would put people lives at risk

    now what do you think Romney is hiding that your so afraid of him releasing?


    .
     
  3. The Mello Guy

    The Mello Guy Well-Known Member

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  4. Consmike

    Consmike New Member Past Donor

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    They can release more documents. The fact is, that Obama covered up the murder of the agent, and doesn't want anyone to find out. He has blood on his hands.
     
  5. Nunya D.

    Nunya D. Well-Known Member

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    Easy.....Berkshire Hathaway. While I can't claim that Warren Buffett makes NO decisions, he is the deciding factor on very few decisions. Charlie Munger makes most of the business decisions for Berkshire Hathaway. However, Buffett is not in a transition of ownership that I know of, where the procedures would be different.

    Just because you are ignorant on the proceedings of a business in transition or do not understand the term "inactive partners" and their roles, does not mean that they do not exist.
     
  6. FreshAir

    FreshAir Well-Known Member Past Donor

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    we know exactly how this man died, the documents were already released, guns don't kill people, people kill people

    .. but that is for another thread, this one is about Romney


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  7. Jebediah

    Jebediah Banned

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    Then why did you say something so demonstrably absurd?!
     
  8. Jebediah

    Jebediah Banned

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    After that last salvo I'm hearing nothing but crickets. 19 pages in to this train wreck and no one can give an example of a billion+ company where this type of thing goes on. Nothing righties?

    [​IMG]
     
  9. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    You really thing private contractual agreements are accessible by the public? Of course that's why you asked isn't it? Disingenuous at best!
     
  10. Jebediah

    Jebediah Banned

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    From the public record...

     
  11. Consmike

    Consmike New Member Past Donor

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    Really? we know exactly how? please tell us? after you tell us please explain why the attorney general gave documents to congress with one set of dates, than had to retract them back and give other documents. Then explain why Holder lied to congress about when he knew about fast and furious. thanks
     
  12. Consmike

    Consmike New Member Past Donor

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    I have been ready to answer after someone on the left can tell me what companies have outsourced $9 Billion dollars like Obama has done with money from the 2009 Stimulus bill. Thanks
     
  13. f100supersabr

    f100supersabr New Member

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    The Romney Boy recieved $100K a year salary for job creation not for doing nothing. The only itsey bitsey teeney weeney problem was that he cretaed job for the Chinese not Americans.
     
  14. Mac-7

    Mac-7 Banned

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    You are entirely correct that I don't know what Romney got the money for.

    But since it was a private company it was not my money nor was it your money.

    So I really don't care what the arraignment between Romney and Bain was.
     
  15. Consmike

    Consmike New Member Past Donor

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    How do you feel about the $9 Billion dollars sent overseas to outsource jobs with the stimulus money?
     
  16. Yosh Shmenge

    Yosh Shmenge New Member

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    Or...you can collect welfare and work the fry machine at McDonalds (as you've claimed) and still be mentally handicapped as well.
     
  17. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    From the Washington Post.

    From Fact Check.org

    I guess ya'all have a new name "Bainers" like the ubiquitous Birthers.
     
  18. Jebediah

    Jebediah Banned

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    That's what I suspect.
     
  19. Alwayssa

    Alwayssa Well-Known Member

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    I am going to chim in here. Reveiving $100k after Romney left Bain Capital is what is at issue. Romney was not earing $100k while he was at the helm. I think his salary, plus benefits exceeded over $750k at least.

    From what is already known, it is clear that Romeny received a very handsome benefits package from Bain. First step was reomoving his retirement package from the US to an offshore account that is worth at least $20 to $50 million, more than 5 years in earned compensation after he allegedlay left, and other beneifts that are not exactly known. Not saying it is a bad thing or a good thing, just making an obvious statement of facts. But how Romney is handling this is making this even worse for him. It shows that he may be hiding something despite what the allegations of wrong doing by some. And it shows that he has changed his story about this compensation more than once, leaving Romney less trustworthy to the independents.

    It is not about how much lefty's kown about exeutuvie compeastion. I would wager there is less than 500 CPA's and tax attorneys who probably know all the intracacies of executive compensation for major firms like Bain Capital or other Fortune 500 firms. But it does not hide the fact that Romney has not done a very good job at explaining this issue that should have been solved long ago.
     
  20. IgnoranceisBliss

    IgnoranceisBliss Well-Known Member

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    The issue is that so many people on both sides of the spectrum are making bold statements about Bain, Romney's compensation, and private equity firms in general. As you said, there are so few people that actually know industry standards and how things work, almost everything out there is misinformation; especially when combined with the Obama camp and company's attempts to discredit him. Clearly Obama will feed on this ignorance and try and spin things against Romney. This is a normal part of politics. I'm by no means an expert on executive compensation or private equity, but in college I worked for a consulting firm that worked in private equity and did some work with Bain (I didn't personally), so I feel I'm a little more informed than the average person. PE is an extremely complicated field that by it's very nature can be difficult to break down and understand. In PE you're dealing with privately owned companies that aren't required to provide much in the way of transparancy to anyone. Many liberals somehow think this equals conspiracy because they don't understand the difference between privately and publically owned companies. Bain Capital itself is a privately owned company and under no obligation to release information to the public. In many instances, Romney may not legally be able to disclose certain parts of his employment/compensation.
     
  21. Alwayssa

    Alwayssa Well-Known Member

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    I understand all that, but that is not the issue. The issue is Romney not releasing his tax returns.
     

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