The most damaging moment from tonight’s debate wasn’t the flurry of accusations by Romney against Gingrich, but the moment when Gingrich explained that the $1.6 million was the payment to the full company, and his pay was only about $35,000 a year. He then turned it around and asked Romney if all the millions that Bain Capital grossed when he ran it went into his pocket, and Romney snapped back, “That’s irrelevant.” Well, no, it isn’t. That was exactly the point they were talking about. It made it sound as if the guy who’s claiming he should be President because of his vast business experience doesn’t know the difference between gross and net. Romney’s answer was so obviously bad, the audience audibly laughed at it.
It’s one thing when part of the audience boos or doesn’t applaud you. That could happen to anyone expressing a strong opinion. But you’re in deep doo-doo when they start laughing at you.
When that happened my wife said "I thought Romney knew what he was talking about when it came to business stuff. Even I know the answer to that!"
I was so ticked that Williams would not let them both continue on that subject. Romney only likes regulations when he can make profits or to dance around it. I don't like him. Not because he seem desperate today; he comes across as a fake and fishy businessman.
Well gee that will certainly address the $16T debt that will crush the country. Hey I feel better—let’s call it a day and head for the bar......
“It’s one thing when part of the audience boos or doesn’t applaud you. That could happen to anyone expressing a strong opinion. But you’re in deep doo-doo when they start laughing at you.”
Your post is a great observation! I hope many, many others caught that exchange as well. ALSO interesting (and I hope Newt uses it next time) is the large investments Mitt’s made in Fannie and Freddie and his profits from them!