These people in South Carolina, whose town has been destroyed by Bain’s looting practices, say, “well that’s Capitalism.” Is it? Rather, should it be?
Yes, this country was built on capitalism. With the industrial revolution came people who made huge amounts of money from, for example, the railroads. They built their empires on the backs of those who worked for them, with no regard to any reward to those whose daily work made their fortunes possible. Through the ensuing years, some of those workers, with the help of Unions, and with the realization of ethical business owners that they did not do this all themselves, developed into the middle class. These were people who didn’t own the business, but who took pride in their companies and in their work.
Now we are moving backwards. Is what Bain did to the businesses they bought, destroyed, and took millions from legal? Clearly, yes. Is it ethical? Clearly, No. This election is not about socialism vs. capitalism. It is about whether we will accept this unethical form of capitalism practiced by Bain and companies like Bain. Should someone like Mitt Romney, who inherited a fortune , who increased that fortune at the expense of those who worked for the businesses his company destroyed, who oversaw sending any remaining jobs overseas, and who now says that those who are not wealthy like him are simply jealous, be elected President of the United States?
Most people in this country believe it to be and ethical country. Few people in this country want to destroy capitalism. Most of us want an ethical form of capitalism where those who work are rewarded fairly and are able to take pride in a job well done. No one should be allowed to make millions of dollars the way Bain and like companies had been allowed to do. We must tell Mitt Romney that we are not jealous of him. Rather, we hold his unethical behavior in distain.
Mary Lou Ambrose, club Secretary, Belleair Bluffs