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Barack Obama: Public Equity President

By: Caleb Howe (Diary)  |  May 29th, 2012 at 05:15 PM  | 

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Today, American Crossroads released a new web ad titled “Public Equity President”:

From the description: “As a public equity investor, President Obama wasted billions of taxpayer money on companies with flawed business plans, which the government knew were risky investments, and which ended up costing thousands of jobs.”

After weeks of the Obama campaign attacking Mitt Romney over private equity, it’s about time we take a look at the job losses, wasted taxpayer dollars, and bankrupt companies that have been the trail of destruction left behind by President Obama’s failed investments of America’s money.

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  • fredflintlock

    Bundle millions of other people’s $$$.
    Donate.
    Go golfing.
    Get half billion $$$ guaranteed loan from ignorant taxpayers.
    Eat through loan.
    Declare bankruptcy.
    Open multi-million $$$ golden parachute.
    Take added performance bonus $$$.
    Go golfing.

    Where’s the flaw in this business plan again?

  • jaykali

    This brings to light what ‘investments’ mean. When I think of the man on the street I think they have a vague idea that the car companies were bailed out and know that the stimulus spent a lot of money to spur jobs that didn’t really materialize. Other than that when they hear ‘investments’ over and over from Obama they might be duped into thinking these are always good. And that those evil Republicans would just waste money on billionaires. I think that cuts into the idea that so-called ‘investments’ are basically the govt taking your money by force and playing wall-street with it.