Sunday, June 24, 2012

why we should worry about Mick Romny's pedigree

As a corporate raider, as opposed to trader, Romney made his mark in the world today, "I have been led to believe, if I can believe everything I read in the papers.. If this is so we can see a painful irony in this video as to why it might not be good to have this type of person leading the country....I hear a lot of it in his speeches the call of the small entrepreneur as the savior of the USA if not the world...However no sign of how he is on the side of the SMALL entrepreneur is evident if you look at the big picture of who is backing his campaign and who benefits if he is elected.
please watch video...
This video I think shows how the mind of the corporation raider works, they don't necersarily see building stones to the end product and dream, a balance sheet and profit are number one.
Thermaskirt is now sold throughout the WORLD , and makes annual profits exceeding £5,000,000 pa. Take that, Dragons! Inventor told to leave the den is beating the crunch with million-pound contract
An entrepreneur who was rejected on Dragons' Den has just won a multimillion-pound order.
Inventor Martin Wadsworth went head to head with Duncan Bannatyne and Theo Paphitis who argued that no one would buy his product ThermaSkirt. But the businessman is now beating the credit crunch crisis after just securing a contract worth up to £4million next year alone.
Into the den: Inventor Martin Wadsworth goes head to head with Duncan Bannatyne as he shows him ThermaSkirt And the firm has secured orders from other companies which could see its turnover rise even further.
Mr Wadsworth, who appeared on the BBC2 show last month, was rounded on by the  Dragons after asking for £150,000 for a 10 per cent stake in his company DiscreteHeat ,which manufactures a radiator that looks exactly like a skirting board. The inventor, who had a sparring session with multi-millionaire Mr Bannatyne, said: 'Going on Dragons' Den was a very daunting experience and very nerve-racking.
'You don't meet the Dragons beforehand or afterwards so there is no camaraderie.
'It turned into something very adversarial. It really was an ordeal by fire.
'I walked in and saw them for the first time and gave them my presentation.
'Then as soon as I finished the first question, Duncan Bannatyne asked what was wrong with my product.
'So straight away, it was head to head with him. I didn't fall for that one and said you tell me what is wrong with it and I will counter.
'He couldn't come up with anything because we don't have any problems. It is pretty bullet-proof.
'He has no idea of anything to do with the plumbing industry and suggested we make it out of wood.

'Mitt Romney’s record running the Bain Capital investment firm continues to get close and sharp-edged scrutiny, giving the Obama campaign ammunition as it tries to defend its own record during rough economic times.
Specifically, critics say that Bain during the years of Romney’s leadership had a direct hand in sending US jobs abroad. A long piece in the Washington Post this week details such activity when Romney ran the firm.
“During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission,” the Post reported. “While Bain was not the largest player in the outsourcing field, the private equity firm was involved early on, at a time when the departure of jobs from the United States was beginning to accelerate and new companies were emerging as handmaidens to this outflow of employment.”
Maybe its ME and I misunderstand what he means by small entrepreneur,,,MAYBE a small entrepreneur in Romney's world is KRAFT,nestle,coca cola, Kellogg's


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