.....pundits have been making a big deal of Mitt Romney's affiliation with Bain Capital, a major contributor to the Obama Presidency by the way, noting that in the eyes of many who worked for Bain companies, Bain's modus operandi seemed to be to bleed the companies dry. Having worked for a few companies where it seemed that accounting was not a feedback mechanism, but rather the sine qua non of the business, I have to second that emotion. In too many places, there is no apparent management, but rather only a kleptocracy of well-connected people who understand a few accounting metrics.
That said, the reality is that until one demonstrates an ROI for the deviations from the business plan of the accountants, well, what reason do the executives have to change? So our question to Romney's detractors should not be "well, where do we donate to the Soetoro campaign?", but rather "why don't you show us some of the ROIs that Bain executives bypassed, and why don't you show me how Romney's decisions directly led to this situation?"
And then tell us why Romney should be held accountable for this, and Obama's advisors who come from Bain should not.
The Movember 2013 Wrap-Up - Well, another Movember is on the books here at AoM. For those of you who are new to the site, during the month of November, the Art of Manliness participat...
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