re: #589 engineer cat

too bad he didn’t take as much care with the lives of the people in the companies bain was managing

I like the line from Romney’s recent speech at the NAACP:

As you may have heard from my opponent, I am also a believer in the free-enterprise system. I believe it can bring change where so many well-meaning government programs have failed. I’ve never heard anyone look around an impoverished neighborhood and say, “You know, there’s too much free enterprise around here. Too many shops, too many jobs, too many people putting money in the bank.”

I happen to think he’s right about how free enterprise benefits us all, even when a company fails. I’m pretty sure Romney believes this as he says. You may disagree that free enterprise serves this role, but if Romney is correct, he is helping those who worked in companies he managed. He succeeded more than he failed, but there will always be failures in private equity. Not all businesses can succeed or be saved.