Jasonisms

I saw this posted on Facebook by a Tea Bagging old high school friend of mine. I'm not going to get into the Theory A versus Theory B argument but to say that in a capitalistic society, sometimes companies go under. It's the nature of the beast. However, the claim that Bain created jobs or left companies in a better-off position than when they began their 'investment' is false in a number of ways. Bain Capital, which forced in-trouble companies to take out massive amounts of debt so Bain could get paid for their advice? That Bain Capital?  Like the Bain Capital that sold AMC theaters to the Chinese? You know, to keep America America?  http://goo.gl/arSYj Or Burger King: http://goo.gl/LVEAq Enter — ta-da! — private equity. In 2002,  Goldman Sachs , along with two private equity firms, TGP and ... hmmm ... Bain Capital , teamed up to buy Burger King. This is exactly the kind of situation private equity firms like to trumpet: taking over a downtrodden...