Cumberland Times-News

Editorials

October 8, 2012

Bain Capital’s investments are paying off; the others are not

Mitt Romney’s Bain Capital invested investors’ money in the following companies:

AMC Entertainment, Burger King, Burlington Coat Factory, Clear Channel Communications, Domino’s Pizza, Dunkin' Donuts, Guitar Center, Steel Dynamics, The Spots Authority, Staples, Toys “R” Us and Warner Music Company, to name a few. Batting average 80 percent.  

On the other hand, We have the following: Solyndra, bankrupt; Ener 1, bankrupt; Beacon Power, bankrupt; Abound Solar, bankrupt; Aminix Solar, bankrupt; Spectra Watt, bankrupt; and Easter Energy, bankrupt; Solar trust of America, failing; Bright Source, receivership; LSP Energy, bankrupt; Enegy Conversion Devices, bankrupt; Sun Power, failing; Beacon Power, bankrupt; Ecotality, in receivership, A123 Solar, bankrupt; UniSolar, failing, Azure Dynamics, failing; and Evergreen Solar, bankrupt.

These are taxpayer monies gone forever. Around $4.5 billion has been lost by these few, so far. All of these are campaign contributors to the original Obama Campaign. 

Who’s the greatest outsourcer of jobs to China? Grand champion is the General Agreement on Tariffs and Trade. William Jefferson Clinton’s lame duck Congress!

   Jane Webster

Cumberland

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Editorials
  • Preposterous Preposterous

    File this one under the We Thought We’d Heard Everything category: A man who attempted the armed robbery of a pizza shop is now suing the pizzeria and the employees who tackled him and wrestled his gun away during the holdup.

    July 22, 2014 1 Photo

  • No secrets No secrets

    The idea of fracturing for natural gas makes many people anxious about potential harmful effects. For that reason alone, it is incumbent on Maryland government to require full disclosure of chemicals used in the process.

    July 21, 2014 1 Photo

  • Don’t do it. Don’t do it

    Temperatures have been moderate recently but are projected to rise to the upper 80s and low 90s later this week, so we want to remind you: Never leave children unattended in a vehicle.

    July 21, 2014 1 Photo

  • July 20, 1969 July 20, 1969

    When Apollo 11 landed on the moon 45 years ago today, it was until that time the mostwatched television programming in history.

    July 20, 2014 1 Photo

  • Stopgap

    Kicking the can down the road was one of the things American kids did to pass the time in the old days, particularly if they lived in rural areas where there was little traffic to contend with.

    July 16, 2014

  • Maryland on target to meet 2025 bay restoration goals

    July 16, 2014

  • Tough luck Tough luck

    The state has for a second time declined to help Allegany County get federal flood recovery funds in the wake of the June 12 storm.

    July 15, 2014 1 Photo

  • Heard it all Heard it all

    Pesky thing, this requirement that political candidates file campaign finance reports.

    July 14, 2014 1 Photo

  • Build it now Build it now

    Anticipated savings from demolition work that will provide ground for a new Allegany High School on Haystack Mountain may allow the addition of an auditorium at the school.

    July 14, 2014 1 Photo

  • Get on with it

    Now that Maryland State’s Attorney General Doug Gansler has been asked to help with the investigation of the McCoole Volunteer Fire and Rescue Department it is our hope that the probe regains traction.

    July 12, 2014