You raise some interesting questions in the tradition of "Uncle Miltie," but the memory of what Carl Icahn did to TWA and by extension to the St. Louis metropolitan region gives me the creeps. I remain suspicious of these takeover artists. H.
It is interesting how different things are seen from different vantage points. For the worker and her family who loses a job because Romney does what he is hired to do, the takeover is a disaster. For the companies that prosper and hire more people, Romney is a breath of fresh air. Growth is painful. Maybe sometimes it probably doesn't need to be as painful as it is. But who knows?
The other objection to Romney's work at Bain capital is that he charged so much for his services. This complaint takes me back to Christ kicking out the money changers, explicating the view that making money is evil, and the more money one makes the more evil they are. In my book, letting companies fail is evil if someone could save them.
You might think that I'm advocating Romney as a candidate. Not at this point. I'm just bothered by the attacks on vulture capitalism and making money.