AWGBlog

Bain Capital: What is It and How Obama Lied (again)

AWG — Wed, 16 May 2012 20:53:59 +0000

Oooooh look at the shiny thing… what is a venture capital, how Obamabot (Union) steel worker lied and why it is all moot…

CNN anchor to Obama spokesman: You’re smearing Romney with this Bain attack ad, you know

Click here to view the embedded video.

I’m not going to waste a lot of time on this because it’s the shiny thing in the room and it really doesn’t matter – this is just to point out how Obama is lying (again) and playing on people ignorance of what a venture capitalist does… note that a venture capitalist is not a venture charity… now never mind the fact that Romney wasn’t even working with Bein capital at the time of this particular companies closure, he was off managing the Salt Lake Olympics that was going broke and ended up turning a profit – but that’s a detail Obama conveniently omits from his propaganda.

First venture capitalist invest in high risk or high potential start-ups, high-risk financing and expansion of businesses that can normally can not secure conventional financing (i.e. banks) because they are just that HIGH RISK. And who hear hasn’t heard the phrase ‘The greater the risk, the greater the reward.’ So venture capital is private money that is short term loaned at a high interest rate on high risk investments – sort of like a payday loan for businesses.

Now let me explain it in real simple basic terms for those that might not know what VC’s do (this is in no way and all inclusive definition) – say you have a Lemonaid stand (the business) and you’re going to broke and have debt (Liability) and are on the verge or in bankruptcy (Liquidation/Restructuring), but you know someone with whole a lot of money (capital) to invest who can help your business out (the venture) – you go to this person and say I need a $1000 (capital) to get the business (the venture) going again and they say OK and in return we will expect a full payoff of your debt to us in say 5 years +/- plus interest. You agree to it – you enter a contract and agree to the terms of that contract (just like a loan).

After 5 years (or whatever the agreement is, it’d always short term) you still have not turned your business profitable for whatever reason and the venture capital note is due – the venture capitalist at this point can look at your projected recovery and say OK we’ll invest some more or extend your payback date if things look good and you’re not bleeding cash or they can see that you are in death throws and call in your note pulling to plug on your business, so you have to pony up the money which often results in closing the doors and liquidate your business. The risk the VC takes is that the closure and liquidation of your business will be less than the money they original invested – taking a net loss instead of a net gain in your Lemonaid stand and after the liquidation if a buyer cannot be found.

Venture Capitalist do not gamble to loose – they invest to turn a a profit for their investors – that’s why they are called capitalist. Are they in it for the money? Sure they are… why do you go to work… because it gives you a warm fuzzy? No, you go for the money – we all do (well those of us that work).

Now if the latter is chosen (closure and liquidation), odds are the venture capitalist has kept you alive much, much longer than your should have been and really had nothing to do with your demise, you were dying long before they got there and all they did was throw you and your employees a life line, but you couldn’t be saved. Many businesses seek out venture capitalist and most do very well, pay off their debt and go on to be a successful business. So these former union steel worker whining and crying about Bein Capital – their ass would have been in the street much, much sooner without their investment and they just need to STFU.

Get it? That is a really, really short, really really simple basic example of what a venture capitalist does if you don’t know (Clearly Obama doesn’t have a clue).

One last note the whiner steel workers in the Obama Bain Capital ad were offered a buyout but opted not to take it and are now bitter about it…

WHAT THEY DON’T MENTION: LAID OFF STEELWORKER IN ANTI-ROMNEY AD WAS OFFERED A BUYOUT

Get it? Good… because this is nothing but a shiny thing in the room that matters squat about the election. What’s the next shiny thing Obama will toss out to divert people from his failing economy, inability to create jobs, poor leadership and mountains of debt? Maybe we’ll talk about his funny name… next!

How much do Federal Workers make?

AWG — Tue, 15 May 2012 22:06:11 +0000

From WUSA9.com

Federal Workers’s 2011 Salary Data Exposed Online

Searching Veterans Affairs Secretary, Eric Shinseki. In a split second, the database returned his $199,700 earnings in 2011.

You can also search by agency.Our search identified a Department of Agriculture employee who earned over $179,000 as a base salary and a $62,895 bonus.Our review identified more than a hundred federal workers with bonuses in excess of $40,000

Know a Federal Worker? You might be able to find out just how much they make and some make $200K and receive $62,000 in bonuses… someone tell me what Federal worker when we have $16 Trillion in debt are receiving bonuses? Hell why are they receiving raises? Most Americans have had a raise in years.

Federal Employees, 2011 Salary Database

Obama’s Labeling of the Useful Idiots

AWG — Tue, 15 May 2012 03:09:20 +0000

Must be one of those LGBT-White-Black-Asian-Latino-African-Americans...

Have you seen the Obama webstore that is loaded with propaganda in nearly every know label out there – LGBT, African-Americans, Latino-Americans, Hispanic-American (in case you don’t like being a Latino), Women, Kids, Pets, Pacific Islanders, Asian-Americans, Nurses, Environmentalists, etc … oddly missing from the line up is White Men and just plain old Americans – well I’m not really surprised – Obama needs labels because without them he can’t play the label (gender/race) card. He is a typical liberal that sees your skin and gender first and they judges you – he has said as much in his books.

To Obama and his ilk you are not an American… you are a (Fill in the blank) ______-American.

Don’t believe me? Then why are Democrats TRAINED to make issues about race? Huh? House Dems Receive Training on Portraying Conservatives as RACIST … so` why do they do that? Simple it’s because they believe that Mr Hope and Change is will not pull in the minority vote as he did in 2008 - House Dems fear minority vote slipping away.

And therefore he has to engage in class and race warfare because he lacks the record, skills and intelligent to run on accomplishments – they just aren’t there. So break everyone down into groups, sub-groups and sub-sub-groups. It’s easier to gin up hate against when you pit one race or one class against the other…. some other guy did that a lot too? Oh yeah Mr. Hilter

Actually if you think about it, it’s really pathetic that Obama and liberals breaks everyone down into groups with labels… which brings me to my point main point… Mitt Romney should run as the candidate of no labels… and just see everyone as American. As I’ve pointed out before I don’t get a thrill up my leg over Romney or anyone that was running on the GOP side… but I get a chill up my spine thinking of four more years of Obama. So I took the time to send the Romney campaign the idea of running on “No Labels” or just “American” - in fact I said…

Obama is running on labels (LGBT, Asian, Latino, African American etc etc) his store is loaded with this stuff. Romney and the GOP should become the party of “No Labels” and “Americans” and not breaking everyone down into little groups and sub-groups – this bad Obama economy has hit everyone not just this group or that group – look like a uniter and not the divider that is Obama. Obama honestly is not that smart, he is just a street agitator that has made it too far. So be smarter and run on a platform of “no labels as label divide” – “labels are hurtful” etc… us his own garbage against him.

I believe in using someones weapons against them – it disarms them and they have a hard time recovering from it… that’s why arguing with liberals is so easy you know what they are going to say, you know what cards they’ll play so pull those arrows from their quiver right away and they’ll crawl back under the rock from which they came.

If Democrats want to cry racism – laugh at them and point out it is they who only see people for the color of their skin and not the content of their heart. Point out how pathetic it is that they only see Americans as hyphenated. And if it happens to be a minority saying this call them what they are… a tool, a useful idiot being manipulated by democrats that only see than as some sub-group they can exploit for political gain – that after any election that are ignored and cast aside only to be lead with empty and unfulfilled promises that they need more time, another election and then they can fill the promises they made… and for some crazy reason these groups and sub-groups just keep falling for it like the usful idiots they are.

Oh so sad… Obama a Disappointment.

AWG — Mon, 14 May 2012 14:08:09 +0000

Normally I leave the line by line, paragraph by paragraph dissection of a story to Sweetness and Light… it’s what they do and do very well, but sometimes you have to do it too.

Around world, Obama’s presidency a disappointment

In Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack Obama speak, there’s disappointment that he hasn’t kept his promise to close the military prison at Guantanamo Bay, and perceptions that he’s shunting blame for the financial crisis across the Atlantic.

Somehow I don’t think Gitmo is a pressing issue in Europe and seriously who is surprised at this point Obama is blaming others?

In Mogadishu, a former teacher wishes he had sent more economic assistance and fewer armed drones to fix Somalia’s problems. And many in the Middle East wonder what became of Obama’s vow, in a landmark 2009 speech at the University of Cairo, to forge a closer relationship with the Muslim world.

Economic assistance, oh you mean hand-out… I’ve been to Somalia and the place just needs to be paved over, beside Little Barry was to busy breaking us with hand-outs here. as far as closer relations with the Muslim world goes – fergitaboutit – as long as Muslim continue to try and kill us I don’t see a sleep over in the immediate future.

In a world weary of war and economic crises, and concerned about global climate change, the consensus is that Obama has not lived up to the lofty expectations that surrounded his 2008 election and Nobel Peace Prize a year later. Many in Asia, Africa, the Middle East and Latin America were also taken aback by his support for gay marriage, a taboo subject among religious conservatives.

Seriously you’re bring up up global warming? I guess they noticed that the sea-levels didn’t fall as Obama said would happen with his election, so yeah I’d call that lofty expectation. Just Asia, Africa, the Middle East and Latin America gay marriage is taboo? So the fact that 37 North American states have banned it is what… a fringe group?

But the Democrat still enjoys broad international support. In large part, it’s because of unfavorable memories of his Republican predecessor, George W. Bush, and many people would still prefer Obama over his presumptive Republican challenger Mitt Romney.

And we should care why? Would it be that Romney wouldn’t bow to every little despot in the world? Would it be that Romney wouldn’t let every little two-bit country have their way on the world stage? Would it be that George W Bush and the GOP would be looking out for American interest first instead of throwing us under the bus as Obama does? Yeah that’s a winning argument - go with that.

“We all had high hopes for him,” said Filomena Cunha, an office worker in Lisbon, Portugal, who said she’s struggling to make ends meet. “But then things got bad and there’s not much he can do for us over here.”

And tell me Filomena why is Portugal our problem? I’ve been to Portugal too and for the most part liked it, but I fail to see how your financial problems there are ours here.

Obama’s rock-star-like reception at Berlin’s Victory Column in the summer of 2008 was a high point of a wildly successful European campaign tour. The thawing of a harsh anti-Americanism that had thrived in Europe was as much a reaction to the Bush years as it was an embrace of the presidential hopeful.

There was some other guy in Germany that use to get rock-star like receptions before there were rock-stars and that didn’t turn out to well either did it? Oh what was his name…?

Those high European expectations have turned into disappointment, largely because of the continued U.S. military presence in Iraq and Afghanistan and Obama’s failure to close Guantanamo Bay in the face of vehement congressional opposition.

Seems the reality of running a war showed it’s ugly head and yet he got the Nobel Peace Prize – talk about losing credibility. Again with Gitmo – these must be a real sore spot with the writer of the article.

Foreign policy expert Josef Braml, who analyzes the U.S. for the German Council on Foreign Relations, said many Germans give Obama too much of the blame because they don’t understand the limits of his powers.

I can’t imagine what Germany wouldn’t understand the limits of power and why that would be a good thing… perhaps they should look into it.

“There’s a lack of understanding both of how the system of checks and balances works – or doesn’t work any longer – and a lack of understanding of how big the socio-economic problems in the United States are, which cause the gridlock,” Braml said in a telephone call from Greece, where he was on vacation.

Socioeconomic (it’s not hyphenated AP) … oh you mean the problem of class warfare created by Obama to create divide as in the old divide and conquer of despots and dictators of the past. You mean Europe of all places doesn’t understand class divide? I find that hard to believe.

Obama’s views on Europe’s financial crisis also have rankled some on the continent. In September, he said the crisis was “scaring the world” and that steps taken by European nations to stem the eurozone debt problem “haven’t been as quick as they need to be.”

I’m pretty sure Obama doesn’t need to be giving anyone financial advice.

The Obama administration describes the eurozone crisis as a European problem that needs a European solution. The U.S. and Canada last month refused to participate in boosting the International Monetary Fund’s financial resources to manage the crisis.

That would be because we are broke thanks to Obama’s depleting our monetary fund.

“I think people see through his game to put the blame on Europeans – I think Germans and Europeans still know where the economic crisis had its beginning,” Braml said. “That’s just finger-pointing, not doing a fair analysis of the dire situation in the U.S., but I can understand Obama is doing that because he wants to get re-elected so they need to shift blame around on the Republicans or the Europeans.”

I think people see through his game of blaming George W Bush… blame the Republicans, blame the Tea Party, blame the tsunami, the earthquake, the Arab Spring, ATM’s, goblins and boogie monsters under the bed…

Mehmet Yegin, a specialist in Turkish-American relations at USAK, the Ankara-based International Strategic Research Organization, said Europe still sees Obama as superior to Romney, “because they primarily evaluate Romney as a Republican and their memories about George W. Bush linger.”

They George W Bush as it’s a bad thing, I read that as Bush would kiss their Turkish asses and Obama will… I can only speak for myself buy I honestly don’t care what a Muslim country, or any country for that matter thinks about our President.

Many in the Mideast also would like to see Obama win a second term, though they feel he has not lived up to his Cairo speech, in which he extended a hand to the Islamic world by calling for an end to the cycle of suspicion and discord.

Gee wonder why? Is it because he is weak and bows a lot – oh sure bin Ladin was killed on his watch but he had little to do with it no matter how much credit he is trying to take.

Obama has been the U.S. president “least involved in the Palestinian issue,” said Mohammed Ishtayeh, an aide to Palestinian President Mahmoud Abbas.

You know I’ve been hearing about Palestinian issues my entire life and frankly I’m tired of it… I don’t care, those folks have been arguing about boarders and land sine the time of Moses – I think it’s safe to say an agreement is not going to be reached in our lifetime or our children or theirs…

“We were very optimistic when Obama was elected. He talked in his meeting with us without looking into his notes; that tells how much he knows about our issue,” he said.

But since Obama made his Cairo speech, Ishtayeh added, “he found his hands tied and couldn’t make much progress.”

His hands have been tied? Please he got elected and you longer matter… wake the hell up.

The Palestinians have refused to conduct peace talks while Israel continues to expand its settlements in the West Bank and east Jerusalem – areas claimed by the Palestinians. Officials have quietly given up hope for any sort of breakthrough until after the presidential election.

Obama also has a strained relationship with Israel, where Bush was popular. Obama and Israeli Prime Minister Benjamin Netanyahu have been cool to one another in their handful of meetings. Obama’s Mideast envoy, former U.S. Sen. George Mitchell, made no progress during two years of frequent meetings with both sides before quitting last year.

Despite the chilly relations between Obama and Netanyahu, overall ties between the allies remain strong. The U.S. has backed Israel on several key occasions at the United Nations, for instance, helping block a Palestinian attempt to join the world body last year without a peace deal and fending off attempts by other countries to charge Israel with human rights abuses.

Really so Obama kept things strong by telling Israel they need to go back to the 1967 boarders? Among other things… please.

“Concerning Israel, he has proved that he is not absolutely rigid but is willing to reconsider when confronted with facts that he would not have expected,” said Avraham Diskin, a political scientist at Jerusalem’s Hebrew University.

“He began very inexperienced on all fronts, but he is a very intelligent person and Israelis see that,” Diskin added.

I’m sorry Obama is not that intelligent, he can read a teleprompter and smile and that’s about it, he is at most a puppet.

In Iraq, site of the war that fed much of the international community’s dislike of Bush, Obama has received some credit for pulling out combat forces last year.

“President Obama has removed so much of the cowboy image of America that has been imprinted in the mentality of Iraqis by Bush,” Baghdad lawyer Raad Mehsin said.

But Carawan Ahmed, a high school teacher in Iraq’s northern Kurdish capital of Irbil, said Obama has ignored the Kurdish minority, which continues to struggle against the Shiite-dominated government.

“When Democrats, including Obama, are in power, we lose the sympathy and support from America. To be frank, the Republicans protected the Kurdish people, while Obama’s administration is not,” Ahmed said.

That’s because the Cowboys are the good guys and Obama is nothing but a street thug and if you can’t do anything for him (like vote) he is not going to do anything for you.

In Mogadishu, former schoolteacher Fadumo Hussein retains a shaken support for Obama, but disapproves of the mounting casualties from U.S. drone attacks on Somalia’s al-Qaida-linked insurgency while the country’s humanitarian need is neglected.

“He only sent drones, not enough assistance,” Hussein said. “We don’t need bombs, but other means of assistance.”

As I said earlier, you need to be paved over… it’s a rat-hole desert full of thugs and pirates.

While still widely admired in Japan, the U.S. “comes across as a more divided country and less self-confident, more concerned about its social harmony and less about the outside world,” Nakano said. That’s translated into “a general perception

Well gee-wiz I wonder why we appear divided?

During a visit last year in which he received an overwhelmingly popular reception, Obama announced that up to 2,500 U.S. Marines will be stationed in Australia’s north for joint training exercises. Australian government fears of a public backlash were never realized.

“The fact that Obama himself was making the announcement of U.S. troops in Australia quelled a lot of fears,” Lockyer said. If Bush had made it, he said, “there would have been a lot more hostility.”

That’s an assumption and you know what happens when you assume – the American military is widely liked in Australia – at least it was when I was there. There were more respectful of the women and less drunk than the men. No offense my Aussie friends you know it’s true.

Frankly while I have friends around the world I really don’t care what they think of our style of politics – they don’t live here, they aren’t paying taxes, they aren’t supoorting the slackers and they aren’t having to live under the leadership of this amateur politician and glorified community agitator.

Movie of the Week #118 – Casablanca

AWG — Sun, 13 May 2012 00:25:48 +0000

Casablanca

I had to look and look for a Mother’s Day movie – most of them I searched up where chick films I could never make it through nor have ever watched, but one movie that I had seen and enjoyed kept popping up again and again… Casablanca. Although I haven’t watched it in a long time, I do have the DVD and will watch it again soon… so without further ado this weeks movie of the week, Casablanca.

In World War II Casablanca, Rick Blaine, exiled American and former freedom fighter, runs the most popular nightspot in town. The cynical lone wolf Blaine comes into the possession of two valuable letters of transit. When Nazi Major Strasser arrives in Casablanca, the sycophantic police Captain Renault does what he can to please him, including detaining Czech underground leader Victor Laszlo. Much to Rick’s surprise, Lazslo arrives with Ilsa, Rick’s one time love. Rick is very bitter towards Ilsa, who ran out on him in Paris, but when he learns she had good reason to, they plan to run off together again using the letters of transit. Well, that was their original plan….