Posted on 01/09/2012 6:22:08 AM PST by C19fan
Hes worth $250million and is running for the White House, but Mitt Romney is still trying to portray himself as an ordinary down-to-earth guy. The GOP presidential candidate has been condemned for saying he has been worried about getting a pink slip at least twice in the past. Opponents said this was a poor statement to give about job termination notices because Mr Romney has always had money to fall back on.
(Excerpt) Read more at dailymail.co.uk ...
You can just hear Obama’s re-election team going, “Oh Please, Oh Please, let it be Romney.”
[I took companies that were about to go bankrupt and turned them around. ]
WSJ front page today analyses Romney’s Bain record, success came from relatively few transactions. A lot of crash and burns with lost jobs.
I’m a small business capitalist and have been around some rough and dirty. There is a fine line between venture and vulture capitalist, Romney might have some ‘splaining to do.
Gotcha. So given your logic, nobody can really know anything about anyone else’s life unless they have lived it. Those that have not lost children can’t empathize with those who have. Those that have lost their adult children cannot imagine what those who have lost children under 18. Those that loose teens cannot imagine what it’s like to loose a younger child which is totally different and incomprehensible as compared to loosing a toddler. Oh, and Dr’s can’t empathize with their terminal patients because they have not died yet.
All to say, the high bar you have for empathy or guessing what’s in another person’s heart is arbitrary and pretty silly. I don’t imagine Mitt was crying about each and every one but he knew the consequence of his decisions. Bain attempted to take badly performing companies and turn them around. They had a top tier record of doing so. It was good capitalism and should be applauded. There is no form of finance that doesn’t have winners and losers. There is no form of leveraged buyout that is not high risk. Anyone that thinks they can do as well, near as well, heck just even positive returns without producing losers and pain - I’d love to see the business plan. Please just file it next to Cold Fusion and Perpetual Motion Machine.
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