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
  • High priority High priority

    Maryland school officials on Tuesday put an exclamation point on the need to take student-athlete concussions more seriously.

    May 22, 2013 1 Photo

  • Cashing in Cashing in

    As anyone who lives in the area knows, economic gains have been hard to come by in recent years. The opening of the Rocky Gap Casino Resort is one of the biggest boosts the region has seen in some time.

    May 21, 2013 1 Photo

  • Why have the media been silent all this time?

    When I read the Cumberland Times-News Editorial this morning, Friday, May 17, entitled, “Outrageous,” I laughed like a kid at a birthday party!

    May 21, 2013

  • What are chances this much money will be spent on road?

    I was intrigued by cost data summarized in reporter Kathy Mellott’s recent article, “Completing southern link of U.S. Route 219 said to be best use of highway funds,” which appeared in the Cumberland Times-News on Tuesday May 14 (Page 1A).

    May 21, 2013

  • School board should be doing better job with less money

    The Allegany County Teachers Association (ACTA) board of directors recently submitted a letter to the editor asking the Allegany County commissioners to fully fund the Board of Education’s budget request for the upcoming fiscal year (“Commissioners should fund school board request,” April 29 Times-News).

    May 21, 2013

  • Better ‘Click It’ Better ‘Click It’

    If you notice more police on the highway this week, it’s for a couple of reasons.

    May 20, 2013 1 Photo

  • They do bite They do bite

    This week is National Dog Bite Prevention Week. For anyone thinking that is not such a big deal, consider that 4.7 million Americans annually are bitten by dogs, according to the Centers for Disease Control and Prevention.

    May 19, 2013 1 Photo

  • Stop buying licenses; let them find the money somewhere else

    A few months ago, I received two cards from the National Rifle Association. These were dealing with a legislative alert.
    They asked that I should contact Sen. George Edwards and Delegate Kevin Kelly concerning the anti-gun legislation.

    May 19, 2013

  • Strength of gun laws is not reflected in grisly statistics

    According to the FBI’s uniform crime reports, California had the highest number of gun murders in 2011 with 1,220, which makes up 68 percent of all murders in the state that year and equates to 3.25 murders per 100,000 people.

    May 19, 2013

  • An old story An old story

    What for years has been an on-again, off-again battle over funding between the Allegany County Commissioners and the Allegany County Board of Education seems to be growing even uglier.

    May 18, 2013 1 Photo