Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

trailmonkee

(2,681 posts)
Wed Sep 5, 2012, 12:08 PM Sep 2012

Minnesotan David Foster to speak of his experience with Romney's Bain Capital at Democratic conventi

Source: Star Tribune

Minnesotan David Foster, executive director of the BlueGreen Alliance, is set to speak to the Democratic National Convention Wednesday night about his dealings with Mitt Romney’s Bain Capital.

Foster worked with Bain when he was director of the United Steelworkers District 11 and Bain bought GST Steel in Missouri.





This spring, Foster was featured in a pro-Obama video and ad that blamed Romney almost directly for the tough times steelworkers experienced at the plant.

In the video, a worker says Bain was like a vampire that “sucked the life out of us.” After Bain bought GST, the company declared bankruptcy and eventually closed (well after Romney left Bain.)


Read more: http://www.startribune.com/politics/national/168622766.html
7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Minnesotan David Foster to speak of his experience with Romney's Bain Capital at Democratic conventi (Original Post) trailmonkee Sep 2012 OP
Romney = Prickula aint_no_life_nowhere Sep 2012 #1
No, Prickfalca. valerief Sep 2012 #2
I am very happy this gentleman will speak at the convention. Hopefully, IF snappyturtle Sep 2012 #3
"Fellow Americans, I want you to consider, if you will.... Schema Thing Sep 2012 #4
Bain stuck the government with the pension plans... IthinkThereforeIAM Sep 2012 #5
Looking forward BrainMann1 Sep 2012 #6
Eddie was a Wolfboy SCVDem Sep 2012 #7

aint_no_life_nowhere

(21,925 posts)
1. Romney = Prickula
Wed Sep 5, 2012, 12:20 PM
Sep 2012
%3Fw%3D610

and regarding Paul Ryan, was Eddie Munster a werewolf or a vampire? I could never tell.

snappyturtle

(14,656 posts)
3. I am very happy this gentleman will speak at the convention. Hopefully, IF
Wed Sep 5, 2012, 12:36 PM
Sep 2012

members of the republic party watch, they'll begin to grasp the scope of destruction rmoney has fomented.

IthinkThereforeIAM

(3,077 posts)
5. Bain stuck the government with the pension plans...
Wed Sep 5, 2012, 02:06 PM
Sep 2012

... here is the story of GST: http://www.realromneyrecord.com/cases/gst-steel

"In 1995, Romney’s Bain had GS acquire another firm, adding over a hundred million in new debt. By then, Bain had forced the company to hold $378 million in debt, which was ten times the annual income of the company and “the company was not on a sustainable course.”

"Additionally, “records show that the mill's Bain-backed management was confronted several times about the fund's shortfall, which, in the end, required an infusion of funds from the federal Pension Benefits Guarantee Corp.” A federal government agency had to spend $44 million to bail out the pension plan that had been underfunded by Bain."

 

SCVDem

(5,103 posts)
7. Eddie was a Wolfboy
Wed Sep 5, 2012, 05:32 PM
Sep 2012

Could be why his middle name was Wolfgang and his Teddy Werewolf was named Wolfie, (Wolf Wolf formally).

He also had some vampire tendencies.

Latest Discussions»Latest Breaking News»Minnesotan David Foster t...