Comments on: What If Romney's Bain was Saved by a Federal Bailout?

By: Greg Laden

Greg Laden — Sat, 01 Sep 2012 05:18:28 +0000

I sent my last email to scienceblogs management making a suggestion weeks ago. They have shown no real interest in any ideas fom me. If you have a suggestion for site design or layout, perhaps sending them an email would produce a result.

By: Uncle Glenny

Uncle Glenny — Sat, 01 Sep 2012 02:34:12 +0000

Sounds to me like Nickson isn’t even talking about the same thing Greg is. Semi-automated hired apologist?

Greg: It would be nice if original posts had timestamps. (Yes, I know this is scienceblogs, but they aren’t the only slacker in this regard.)

By: James Nickson

James Nickson — Fri, 31 Aug 2012 23:18:16 +0000

I am aware of the FDIC bailing out companies.

The situation in 2008 was distressing. If we did not bail out GM and others we really did not know if the economy would get worse in the long run or better. Of course in the short term not bailing out these companies would have been even more devastating to the economy.

Of course Bush gets blamed alot and it is partially his fault but the beinnings of these troubles go back alot farther than Bush.

Of course this was not free money just given away to these poorly managed companies. It was a low interest loan. We should have agreed to a 29.99 percent interest rate loan and took the interest and put it into an emergency economic account for possible future troubles.

By: William

William — Fri, 31 Aug 2012 10:37:39 +0000

I call Poe on James Nickson!

By: Greg Laden

Greg Laden — Fri, 31 Aug 2012 03:10:37 +0000

You seem to imply that bailouts are a recent invention. The FDIC has been doing them for years.

By: James Nickson

James Nickson — Fri, 31 Aug 2012 02:59:23 +0000

“What If Romney’s Bain was Saved by a Federal Bailout?”

That is not possible. Romney has been absent from Bain at least 10 years before any bailout was ever conceived. If Bain did get a bailout, I am sure thye faired better than Solyndra who is yet to be prosecuted for the crimes committed there.