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H-P Cuts Deep to Save Itself

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  • Description

    FBN’s Stuart Varney sounds off on the health of H-P.

  • Duration 1:27
  • Date

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Hewlett-Packard will lay off 27000.

Welcomes its computers don't compete well with apple young people don't use its -- -- like that parents did.

Hewlett-Packard must shrink.

So here's my take on those brutal capitalists who are ruining the lives of all those people and killing so many computers communities.

Get the point.

That's the way the Obama team looks at private enterprise the president of the United States attacks -- political opponents on the grounds that he is a heartless man whose business Korea included mass layoffs and broken communities.

Well the president apply the same analysis to any company that needs to cut back to save itself.

Like Hewlett-Packard.

-- -- Meg Whitman -- -- the president evidently believes that all jobs must be saved from the ravages of capitalism.

Coming from the left he thinks the rich must be taxed in law and make -- pay to support.

Working families but must of course fail coal miners oil drillers bankers investment bankers or any other -- political target.

The truth this.

Hewlett-Packard really needs a Bain Capital -- rescue slimmed down refocused investor Rasmussen promising future projects cut costs survive.

Late if you're successful you can expand and hire and prosper.

The enemy of prosperity is not capitalism it is socialism.

And government and leftist politics -- will ruin lions and break --

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