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How Good is Romney
   Diễn Đàn » Bình Luận Post  Search Give us your feedback about this article!Feedback   
  Người Đăng: abis521 - Oct 14, 2012 16:56 Reply   Edit   Delete  Print  
1) Very good at Stocks and Hedge fund. Buy Low sell high! Buy a bankcrupt
company ( Bain Capital), fired everybody and sold a company for a profit for
himself! :o) HE SHOULD MAKE A GOOD FORTUNE IF OBAMA DON"T SAVE THE
AUTO INDUSTRY! Romney said: " He would let them go bankcrupt!"

2) Very good at " Etch a Sketch" An eraseable toy- A central, longstanding
criticism of Mitt Romney has been that he is a flip-flopper, changing his
views according to political convenience. Now that Romney’s (once again)
running for president, it seems even his campaign can’t avoid pointing it
out. During a Wednesday morning appearance on CNN — asked about
concern of alienating voters by veering too far right — Romney
Communications Director Eric Fehrnstrom compared the campaign to an
Etch A Sketch — you know, because you can erase everything and start all
over once the general election campaigning starts up. We named Mr.
Romney as Mr. " BA PHẢI " in Vietnamese.

3) Very good at creating jobs? Read the following:

Did Mitt Romney really "create 100,000 jobs" with Staples? Simple answer:
only if no one else was selling office supplies, stationery, etc. before
Staples came along. What Staples did was force many competing
stationery, office supply and computer stores out of business, probably
shifting their employees into lower-wage jobs. Staples was just one more
part of the Wal-Martization of our economy in the last few decades. In our
system the wealthy few have the power to lay people off or force pay cuts
and then pocket the difference for themselves. We have to come to grips
with that, and fix the system.

Job Creator?
Mitt Romney says he should be president because he and his company Bain
Capital created 100,000 jobs at Staples and "created jobs" at other
companies that Bain took over. So ... did Mitt Romney really "create jobs" at
Staples? Or did he and Bain really just follow the Wal-Mart model, using the
advantages that come with having large, national chains, putting a number
of local, smaller businesses out of business, while shifting a lot of people
into lower-paying jobs? Understanding the difference is important because
Romney says he will help the country "create jobs" the way he helped
"create jobs" at Staples.

He says his experience is just what is needed to solve our national jobs
emergency. He wants to apply the methods that "created 100,000 jobs at
Staples" to the entire country. He says he will cut regulations and cut
government and make the country more "business-friendly." This means we
should take a good look at Staples and the rest of the companies Mitt
Romney and Bain Capital and others like them operated, and decide if this
is really the way We, the People want to go.

Staples
Staples grew into a major chain because they consolidated what different
kinds of stores sold, offering a one-stop-shop for stationery products, office
supplies, office-furniture, computers, etc. They also were able to be
competitive because of the advantages of scale as they grew into a
national chain, centralizing functions like accounting, purchasing, legal,
marketing, etc. And never underestimate the power of having a ton of cash
at your disposal. This is all just smart business, well executed.

As Staples grew it overtook competing chains like Businessland and others.
In other words, Staples took business from other, existing stores -- often
local retailers. Staples did not "create" jobs, it shifted office-supply jobs
from local stores, etc., probably to lower-paying jobs. (The former owners of
local businesses certainly were worse off from this.) They likely even
lowered overall office-supply, stationery, etc. employment in the larger
economy.

Low Wages?
How do these "Romney job creator" jobs stack up against other jobs?
Average Staples salaries for job postings nationwide are 51 percent lower
than average salaries for all job postings. The pay at Staples appears to be
around $8-10 an hour. That's $16-20,000 a year, certainly not enough to
support a family, or even pay rent in many areas, never mind buying food.
(The 2012 poverty guideline for family of four is $23,050.)

Wal-Martization
Big, national chain stores like Wal-Mart have tremendous advantages over
local businesses because they are able to take advantage of scale. They
buy from manufacturers and distributors in mass quantities, which means
they can demand lower prices from them, and offer lower prices to
customers. They can centralize accounting, HR and other management
functions and employ these people in-house instead of contracting with
local accounting firms, etc., also enabling them to offer lower prices.

And when they are big enough they can squeeze, and squeeze and
squeeze their workers for lower wages and fewer benefits, their suppliers
for discounts and other concessions, and even their customers by reducing
support and staff, again enabling them to offer lower prices.

This is just the kind of "job creation" that makes a few people really
wealthy at the expense of the rest of us, "hollowing out" the middle class.

(Here's an industry secret --those multi-page advertising supplements that
come in the Sunday paper are profit centers for the chains, not an
advertising expense. The market power of these big chains enables them
to demand "market development" payments from product manufacturers
and distributors before they can gain shelf space, effectively making the
newspaper and other advertising into profit centers instead of advertising
costs.)

The Effect On America
I wrote about the impact of this "squeeze them all" business model on the
American landscape in Lorain, OH Keep It Made In America Town Hall
Meeting:

As you drive from town to town in Michigan and Ohio you see one after
another a ring of the "big box" stores and national chain stores around
each city. You also see the "brownfields" of rusted-out, closed factories,
empty, falling-down buildings. Then you go to the downtown and you see
boarded up houses, empty storefronts, deteriorating and deteriorated
communities, idle people standing on corners. As you drive into these
towns you can just see what is happening in a nutshell.

You used to hear about how Wal-Mart was predatory, how it would show
up in an area and after a while the downtowns would dry up, local
business-owners would go broke, local business employees would be laid
off, and the local people would have to work for low wages at Wal-Mart,
while the region's spending money would go off to the wealthy few who
run these things.

Well a juicy story of devastation like that one gets around, and there are
those who hear it and say, "Hey, that's a great idea, I wanna get me some
of that." So the Wal-Mart business model has taken off and now there are
any number of these vultures, ringing the cities and towns around the
country, so often private-equity owned. They are draining away the
lifeblood of the downtowns, fighting off the unions to keep wages down,
even demanding tax breaks to move in and "create jobs." You see all the
same stores circling every town now, running all of the local and regional
businesses unto the ground.

Restructuring?
The changes in our economy that are hollowing out the middle class come
from the restructuring that Wal-Martization represents. (And bad trade
deals, never forget that.) Big, national chains have natural advantages over
small, local businesses. And when they are big enough they have the
power to squeeze employees, suppliers and even customers. The same
kinds of advantages also hold for other industries.

Big, multinational corporations have advantages of scale over smaller
companies. Etc., throughout our system. And big companies have
tremendous power to squeeze workers, making them accept lower pay and
benefits. They have the power to squeeze suppliers and customers as well.

These giant companies even have the power to squeeze communities and
even states, demanding tax concessions with the threat of relocation. This
has put our tax base in a downward spiral along with our wages.

These giant businesses have the wealth and power to force changes that
move the benefits of business and our economy entirely to a few at the
very top.

The Playing Field
As I wrote above, this is all just smart business, well executed. Business
are just neutral bundles of contracts that operating on a playing field of
laws and regulations. They only do what we let them do with the laws and
regulations that we set out there for them to operate under, and those
that do that the best and smartest win the game.

But why would We, the People allow businesses to do things the way Wal-
Mart and the rest do them with the terrible results we see all around us?
Don't we want businesses that benefit all of us? Isn't that the point of
having a We, the People country? Don't we want businesses that pay good
wages, provide good products and services, and pay us back with taxes
that enable us to have good infrastructure, internal improvements, and
public structures like good schools, universities, courts, police, firefighters,
health care, retirement and a fair share of all the other benefits of modern
society?

Why is the playing field defined in a way that is so obviously hurting us and
funneling all the benefits of our economy to a very few at the top? This
restructuring is occurring the way it is because we let these businesses do
these things to us. Businesses are not good or bad -- they can't be, they
are not sentient and do not have morals. They are just bundles of
contracts. Again, businesses are neutral, operating on a playing field
defined by us. We can change that.

Our problem today is that a few people are able to change the rules of that
playing field, for their own benefit. Once we allow money to influence our
government decision-making and our public attitudes and understandings
at all, then of course it will influence that decision making to their
advantage, and will do so more and more as they gain more wealth and
power from it, until there is nothing left. This is the road we are on.

The playing field is tilting and tilting and We, the People are starting to fall
off the edge.

What Can We Do?
Cut to the chase. We currently operate under an economic paradigm, or
system, in which people like Romney have so much power they can fire
masses of people or force people to take pay cuts, and then pocket the
difference for themselves. They can squeeze their suppliers for greater and
greater concessions and then pocket the difference for themselves. We
have to come to grips with that.

Romney/Bain didn't really create jobs with Staples, they put small office and
stationery retailers and other already-existing competitors out of
businesses and moved the workers from those outlets into jobs at Staples
that pay very little. In other words, they didn't create 100,000 jobs, they
lowered 100,000 people's wages.

Romney made his money operating on a playing field of business rules that
let him and Bain and Wal-Mart and the rest do what they do. They were all
able to tilt that playing field in their favor using the wealth and power they
already had, and they tilted it in ways that gain them more wealth and
power.

Mitt Romney gained his wealth and power on that playing field, and is
campaigning with a promise to further tilt that playing field in favor of the
few who already have great wealth and power.

We can change those rules. We can demand better pay, higher taxes at
the top, better products, better service, and all the things sensible people
would demand if We, the People were really in charge.
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