Free Republic

In business there is something called “sunk costs” which refers to funds that have been spent and are unrecoverable. At any given point sunk costs are irrelevant to the decisions going forward. An example of this would be a company that has spent a billion dollars building a plant and now has to choose whether or not to spend another billion dollars hiring staff and actually operating the plant. At the point of the decision the only thing that should be relevant to the decision makers is what makes best sense for the firm going forward. Does the company...

Conservatives shouldn’t fret about the politics of their nearly-presumptive nominee. Mitt Romney will most certainly govern as one of them. He’s guaranteed to — for the exact reason they think he won’t. If Romney really is the political animal his detractors on the right suspect him to be, he’ll shape his presidency with a single goal: Winning a second term. To do that, he will need to make sure there is no running room on his right for someone to launch a primary challenge.

Had Michigan not been as close, the Democrats would have waited to spring this on us in the general election. Luckily we have it now and I hope Ohio voters are paying attention. In July 2009, Mitt Romney wrote an op-ed in USA Today urging Barack Obama to usean individual mandate at the national level to control healthcare costs. On the campaign trail now, Mitt Romney says the individual mandate is appropriate for Massachusetts, but not the nation. Repeatedly in debates, Romney has said he opposes a national individual mandate. But back in 2009, as Barack Obama was formulating his...

Romney Says His Plan 'Radically Restructures The American Economy' By NBC's Garrett Haake and Morgan Parmet TAMPA -- On a morning where job creation -- or the lack of it -- was the primary issue on the political spectrum, former Massachusetts Gov. Mitt Romney promised that his plan -- not President Obama's -- would be the one to get Americans back to work. "My plan radically restructures the American economy to do what it's done in the past," Romney told supporters at the opening of his Florida headquarters here. "Lead the world, create jobs, drive rising incomes, and make sure...

A new poll from American Research Group released Monday shows that former Gov. Mitt Romney of Massachusetts is leading the Republican presidential race in South Carolina, traditionally the first state in the South to hold a presidential primary. The South Carolina Republican primary -- set up with the help of legendary Republican operative the late Lee Atwater, a native of the Palmetto State -- has proven decisive in recent years, helping to erect a firewall in the region for Atwater’s candidate George H.W. Bush in 1988 and propelling front-runners Bob Dole over Pat Buchanan in 1996 and George W. Bush...

Mitt Romney hasn't changed a bit, and carries even more damning baggage. The serious rumblings are already out there. Undaunted by the failure of one of the most expensive presidential primary runs in history, Mitt Romney apparently wants to take another shot at getting the GOP’s nomination. Utah Senator Orrin Hatch is “quite sure” Romney will run, and has said that the former Massachusetts governor “would be my preference.” Sadly, there’s a hoary tradition in the GOP that certain establishment-favored candidates, even though they’re not the best available, have somehow earned “their turn.” That belief has usually led the party...