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Comments about ‘President Obama's Bain Capital assault takes an unexpected detour’

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Published: Monday, May 21 2012 3:00 p.m. MDT

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Johnny Triumph
American Fork, UT

Kudos to this guy for standing up for what's right and not just supporting his party. Attacks merely show a candidate's lack of confidence in himself.

chase SL
Salt Lake City, UT

I've read several iterations of this story on a number of news outlets. This article outlines it best.

cval
Hyde Park, UT

This is an interesting discussion. Bain was in the business of finding distressed companies. They were already distressed when they bought them. They determined which could be saved and become profitable, and which could not. The ones that could, they saved and then sold them. The ones that could not be saved (bad markets, not competitive, bad location) or whatever were shut down and liquidated.

Some, like the steel company in question... they tried to save, and invested significant resources in trying to save it. At some point, they determined it could not be saved, so it was liquidated. When liquidating, they did their best to recover as much of their investment as possible. If they were really good, they may have even made a profit.

So the problem here is: 1) They couldn't save a distressed company, 2) The remaining parts of the company were valuable to stronger companies and so could be sold.

Remember they invested Millions in the company before deciding it could not be saved.

I know this is about the campaign, but I am trying to see what there is to be attacked over. Seems like a reasonable business plan.

mightymite
DRAPER, UT

Really DNEWS? Do have any respect for the standing president? Your reporting is very off balance. Everything about Romney is good and rosey, but you beat our standing President of The United States of America into the ground. Very shameful for this newspaper and the owners of the paper.

ute alumni
Tengoku, UT

It is the messengers as well as the message that is nauseating. obama and his minions have nothing else to talk about. How about how grat you and your administration has done and all of your accomplishments? .......we're still waiting.

Rifleman
Salt Lake City, Utah

Re: mightymite DRAPER, UT
"Really DNEWS? Do have any respect for the standing president?"

We expect people to earn our respect. While we have respect for the office Obama has proven he isn't capable of the job we hired him to do. He's going to get fired this November.

Ralph
Salt Lake City, UT

A candidates personal life should be open for criticism, especially his religious beliefs (see Jeremiah Wright).
However, criticizing a candidates professional career and his business ethics is hitting way below the belt and is just dirty politics.
Oh, wait....

Linus
Bountiful, UT

How big of a brain does a mite have? Just wondering.

DRay
Roy, UT

Obama looks small and petty with the Bain attacks, Joe Biden has always seemed small and petty and very poorly informed...one good reason for not voting for them is that Biden could conceiveably become President! Really, I can't see him leading the country well.

President Obama, had he done well as President, would need no money for re-election, his actions speaking loud enough over 3 1/2 years of being in office. Those millions in his campaign coffers would be much better spent cutting down the national debt. He is constantly in the media, all of it, and needs no money further, I think we all know who he is by now.

Mitt will be a far better President. A bit anxious to see who his VP pick will be.

Jim
Mesa, Az

I have to agree with Booker, people need to stop attacking the man and focus on attacking the ball. We need to examine policies and solutions.

m.g. scott
LAYTON, UT

I don't think this election should be about either Obama or Romneys past. More than most elections, this one will have to be about where we are going to go as a nation in the future. If Obama concentrates on trying to run against Romney based on Romneys past, then you can surmise Obama is trying to hide his record and his goals if re-elected. Neither Romney nor his supporters should engage in attacking Obamas past, but just use the three and a half year record of Obamas presidency as campaign material. That's all Romney should need to win.

The Deuce
Livermore, CA

Based on where we are at as a country and as an economy, I want someone in the office that has experiences making the tough choices and cutting waste and promoting things that work. This is where we are at. Pres. Obama has none of these experiences prior to coming on board. He got in way over his head. While I do not blame him for everything, he has not been able to grasp the situation and turn things around either. Yes, it's time for a change and it is not Pres. Obama's type of change.

agb
Layton, UT

mightymite:

How does the DNEWS running a piece on what a fellow democrat says about Obama qualify as "beating Obama into the ground?"

Oh, and are you 'standing' for this: it's SITTING president.

Ldsfan
South Jordan, UT

There are plenty of demons in everyone's closets. When you've been as successful as Romney has been, you tend to step on a few people in the process. Most successful business fail before they make it good and there are casualties of war on occasion. I suppose we'll see more of these attacks over the next five months.

The Rock
Federal Way, WA

Obama promised transparency. These lies are very transparent.

Romney can now take that clip and use it in his commercials. I love freedom of the press. Man I wish we could just get people to tell the truth.

Mountanman
Hayden, ID

Original Chinese Proverb - Give a man a fish and he will eat for a day.

Teach a man to fish and he will eat for a lifetime.



2012 Revision/update



Give a man a welfare check, a free cell phone with unlimited free minutes, cash for his clunker, food stamps, section 8 housing, free contraceptives, Medicaid, a hundred weeks of unemployment, a forty ounce malt liquor, free drugs, Air Jordan shoes, and he will vote Democratic for life

Hemlock
Salt Lake City, UT

The Obama puppets and sycophants have not gotten their script together. Getting Biden on any page is not easy. Are they returning campaign money from Bain Capital's current CEO?

Oh Canada
Salt Lake City, Ut

The rock, there already is a comercial quoting Mayor Booker and Ford. Good for the Romney team!
I had respect for Booker for his statement, until he was held hostage (?) and had to recant after the white house came down on his head. Too bad, I lost that respect.

Thanks to Eric for bringing all this together. The problem for the dems is that Romney left Bain Capital 2 years before any of this happened, so how does he still get the blame? Also, the head of Bain now and then when it happened is a bundler for obama. And of course, obama held one of his million fund raisers from headge funders (? word).

The wash post is now suggesting that Gov Romney might just have some responsibility for the Meadow Mountain Massacre or at least something to do with his character! We all knew this would happen, we have to stay away from the rev wright, but obama's surugates will take on the Mormon religion.
Heaven help us!

AZRods
Maricopa, AZ

So if Mayor Booker is recanting the anti Bain bashing, does that mean R. Wright is also fair game?

Mighty mite, try reading the article again and see who's bashing the "sitting" president.
Or you could just read a few other non Utah papers on line and get the same story...

raybies
Layton, UT

Obama's a nice guy, I'm sure, because he was a community organizer, and that's really nice, right? But it doesn't fix tough economic conditions. Maybe if we had no financial troubles we could afford to be really nice to everyone who wants a handout from the government. Unfortunately those aren't the times we live in. Our whole economy is in distress.

The problem with attacking a successful business with a proven track record for fixing companies in distress is that you have to provide an alternative that works better. And well... Obama's had four years to try it his way. It's time to try something different. After four years, if Mitt's way isn't successful, we'll try something else.

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