Willard loves to repeat the ridiculous lie that he deserves credit for having "created the jobs" at Staples, the office supply giant. As is always the case with Mittens, the truth is 180 degrees away from where he says it is. This will help clear things up:
But Romney didn't like the idea [of Staples]at all. He thought Staples was a bad investment and turned Bessemer [an investment firm that wanted Bain to join in] down. Not once, not twice, but three times.
Only after other people at Bain pushed did Romney reluctantly reconsider. He still expressed strong opposition to the deal, but would not stand in the way of providing some backing. The proposed investment in Staples was tiny compared to other Bain deals.
Bain then made a modest $650,000 investment in Staples. Because he headed Bain, Romney was offered a seat on the Staples board. While on the board, Romney had no direct involvement in the company nor any management control. He simply showed up at a board meeting every few months. He was absent from meetings more times than he was present.
Bain made additional modest investments in Staples, for a total of $2.5 million. As soon as the company went public, Romney dumped Bain's share and was out of the investment.
When Bain got rid of its stake, Staples was still a small chain, with only 24 stores in New England and barely a thousand part-time jobs. It was nowhere near the mega-giant it would become. With time, Staples grew to more than 2,200 stores with 89,000 employees.
All of that growth occurred long after Romney had left Bain and long after he had any connection whatsoever with the company.
A company Romney thought was a bad investment. Which he demonstrated by pulling out as quickly as he could.
Hey! I bought stock in Apple once. I guess I'm responsible for the iPhone!!
You know, it occurs to me that a great many people had a role in Staples' success, often much, much more than Bain Capital's chief did. Romney simply ignores the other investors and all the people who worked so hard to create the jobs that Romney falsely takes credit for. It's been a pattern with him all through his career.
In truth, the whole Staples story is another Romney fairy tale. You shouldn't be surprised.
To ensure that your hair gets all the nourishment and protection it needs without getting exposed to chemical damage, make sure that the shampoo you choose is sulfate-free and pH balanced. For instance, the hair thickening shampoo in the keranique reviews hair care system is free of sulfates and enriched with antioxidants and vitamins that help cleanse, nourish and soothe the scalp and hair.
ReplyDeletehttps://goldencondor.org/keranique-reviews/
As per studies, Musli Kaunch Shakti capsules are found to be very effective to maintain normal hormonal balance in body. It boosts the production of testosterone in body safely and naturally. Best Testosterone Boosters Reducing stress, improving blood circulation and increasing memory power are some among the main health benefits of these natural testosterone booster pills. Till now, this herbal cure has not reported any side effect on user. Hence feel free to make use of this remedy as per the requirement.
ReplyDeleteOnce your doctor has been consulted and you know it is safe to begin, you should eliminate red meat and caffeine from your diet as well as sugar and alcoholic beverages. Best BCAA Supplements This will prepare your body for the juice fast by removing many of the unhealthy substances from your system in advance. Fasting for weight loss can be done by drinking just healthful juices instead of eating during the fasting days. Avoid juices that have sugar added to them and drink the natural vegetable and fruit juices during the fasting periods. The juices will aid in lessening the hunger pangs that may initially be a side effect of stopping your food intake.
ReplyDeleteFind your enemies - For getting a healthy figure and feel more energetic, it is quite necessary for you to take nutritious diets regularly. To find your enemies, Premium Pure Keto you can get a complete overview of your current diets and exercise plan, and list sabotages mainly to create a great plan for them. Follow 80 -20 rule - Most of the people don't have tendency to stay on their programs 100 percent of the time so they don't set themselves up for failure with absolutes.
ReplyDeleteExperts in medical weight loss programs, such as Live Skin in Tempe, provide continuous support throughout your weight loss journey. They are trained, highly experienced and equipped to help you achieve your target. The weight loss program begins with a body composition analysis and blood tests. Ketozin After that a customized medical weight loss plan is designed for you. The staff provides the information, advice, and general support you need while on the program. And after you reach your desired, they also help you maintain it.
ReplyDeleteOne of the hottest trends in the weight loss industry is juice fasting. The popularity of juice fast stems largely from the fact that they result in rapid weight loss. Retro Lean Forskolin However, the question remains whether or not juice fasting actually works for permanent weight loss. This article will discuss various aspects of juice fasting for weight loss including how it works, how it affects your body and whether or not it is worth doing.
ReplyDeleteMen with reduced levels of testosterone suffer from low libido, reduced semen load, and low sperm count. Higher levels of testosterone are also required for proper sleep patterns, memory and maintain quality of erection. It is also required for growing pubic hair, deep voice and other masculine things. Best Testosterone Boosters How to increase testosterone volume is through regular use of Musli Kaunch Shakti capsules. It improves the secretion of testosterone naturally. It is free from side effects. Its key ingredients are Musli Sya, Safed Musli, Kaunch, and Semal Musli. All these herbs are combined using advanced herbal formula and further processed in the decoction of Ashwagandha, Gokhru, Musli Sya and Bala.
ReplyDelete