• ABCDE@lemmy.world
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    3 months ago

    “In 2008, Crawford endorsed Barack Obama for President of the United States.[63] Despite reports, Crawford denied endorsing Mitt Romney for the 2012 election.[64]”

    Even if she had, Romney is not a bad person. He voted to impeach Trump, did not vote for Trump either time, wants gun control, etc.

    • MelodiousFunk@slrpnk.net
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      3 months ago

      Romney is not a bad person

      (x) Doubt

      As an action figure enthusiast, I’m not a big fan of vulture capital destroying both KayBee and Toys R Us.

      In his 2009 book The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy, Josh Kosman described Bain Capital as “notorious for its failure to plough profits back into its businesses,” being the first large private-equity firm to derive a large fraction of its revenues from corporate dividends and other distributions. The revenue potential of this strategy, which may “starve” a company of capital,[202] was increased by a 1970s court ruling that allowed companies to consider the entire fair market value of the company, instead of only their “hard assets”, in determining how much money was available to pay dividends.[203] In at least some instances, companies acquired by Bain borrowed money in order to increase their dividend payments, ultimately leading to the collapse of what had been financially stable businesses.[62]