“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.” ThinkingKnowsLongJobsTermDealsCompanyStageRepublicanSizeProfitCurrentsTeethCashVentureShort TermRomneyStaples Author:David Stockman
“North Carolina Senator Jesse Helms has signed a deal with Random House to write his memoirs. Scholars will no doubt benefit from the reflections of a man who was wrong on every major issue for 40 years. Helms' aides say the proceeds from the book will be donated to the non-profit Jesse Helms Center where they apparently have more experience burning than publishing them.” MenWritingYearsBookHouseDealsIssuesDoubtBenefitsMajorsReflectionProfitMemoirBurningNo DoubtScholarPublishingSenatorsCarolinaNorth CarolinaHelmNon Profit Author:Paul Begala
“America must deal once and for all with an utterly irrational health care financing system that allows private interests to make billions in profits from the pain and suffering of their fellow citizens. America is the only country in the industrialized world that does not provide tax-supported universal health care coverage in some form.” WorldDoeCountryCarePainAmericaFormSufferingInterestDealsCitizensTaxesUniversalFellowsProfitBillionsHealth CareIrrationalCoverageFinancingPain And SufferingUniversal Health Care Book:Life Support: Three Nurses on the Front Lines Source: Life Support: Three Nurses on the Front Lines
“That is what diminishes the artist and his song. The artist is now hermetically sealed. The publishing company got him his deal and they expect to profit from his songs. So what if he is a better singer than a songwriter; let's put him in a room with a real songwriter. Something great is bound to come...except very often nothing great comes out of such contrived match-ups. Nobody knows where a great song comes from, and that's why so many writers credit the Lord as a co-writer (though I notice they never offer Him half the writer's royalties) when they come up with a real gem.” IfsKnowsWritingRealArtistSongRoomsDealsHalfCompanyLordOffersBoundsCome UpProfitCreditSingersWhat IfSongwritingPublishingSongwritersDiminishRoyaltyNobody KnowsGems Author:Michael Kosser
“I've done a couple of movies for scale, and it's the only way to get a lot of these independent movies made. The actors negotiate deals where they're given just enough money to live on during the filming, but then they participate in the back-end. If the movie suddenly makes a gazillion dollars, we'll participate in that profit.” IfsWayMadeEndsDoneEnoughActorsGivenDealsCoupleIndependentDollarsProfitScales Author:Kevin Kline