After being on political boards for quite some time--I think it's time to clear the record about Mitt Romney.
1. Mitt Romney just inherited money from his father. Truth is yes--but he donated all of it.
2. Mitt Romney--was just a blood sucking capitalist when he was CEO of Bain Capital.
3. The economic growth rate of the state of Mass. came in at a miserable 47 compared to the other 50 states--when Romney was governor.
Governorship of Mitt Romney - Wikipedia, the free encyclopedia
Now his success's. The Utah Winter Olympic games.
Now maybe you can understand why our community organizer President is freaking out--and desperately trying to lash out at every single opportunity because Obama is being matched up against a private sector genius- that turned governor--that was capable of doing all of the above.
1. Mitt Romney just inherited money from his father. Truth is yes--but he donated all of it.
Mitt Romney - Wikipedia, the free encyclopediaWhen his father died in 1995, Mitt donated his inheritance to BYU's George W. Romney Institute of Public Management and joined the board and was vice-chair of the Points of Light Foundation (which had incorporated his father's National Volunteer Center).
2. Mitt Romney--was just a blood sucking capitalist when he was CEO of Bain Capital.
Romney’s Bain Years: Turnaround Specialist-In-Chief | WBUROn the surface, Romneys team did what other management consultants did. Theyd look at a company, go through its books, find out everything they could about it and its industry. Theyd even count cars in the parking lot of competitors to figure out how many people worked there. Rehnert says Romney was ruthlessly data-driven.
Dive into the detail, Rehnert remembered of Romneys capability, to the point of building models, reading legal documents, drawing slides, taking notes, and then he could zoom right back up to 50,000 feet and look down and see the big picture.
And then decide what to do. What made Romney a millionaire hundreds of times over was the fact that Bain Capital owned these companies. The venture wasnt simply a consulting firm that wrote a report with a list of recommendations, hoping the client company would follow through. Bain Capital made the company follow through.
3. The economic growth rate of the state of Mass. came in at a miserable 47 compared to the other 50 states--when Romney was governor.
Many economists in this country consider 4.7% unemployment to be FULL employment. And as a measure as to how "fast" an economy grows from one state to another is like comparing the weight lost between someone who weights 300 lbs. and loses 20 pounds in a week to a person who is just 10 lbs. overweight and takes two years to take it off, and then referring to the 300 lb person as the winner in a total weight loss contest.During Mitt Romney's term, the state unemployment rate fell from 5.6 to 4.7 percent.[35] Job growth increased at a 1.3 percent rate during Romney's term, ranking Massachusetts 47th out of 50 states[18]
Governorship of Mitt Romney - Wikipedia, the free encyclopedia
Now his success's. The Utah Winter Olympic games.
Mitt Romney - Wikipedia, the free encyclopediaBefore Romney came on, the event was running $379 million short of its revenue benchmarks.[121] Plans were being made to scale back the Games to compensate for the fiscal crisis, and there were fears the Games might be moved away entirely.[122] The Games had also been damaged by allegations of bribery involving top officials, including prior Salt Lake Olympic Committee president and CEO Frank Joklik. Joklik and committee vice president Dave Johnson were forced to resign.[123] Romney was chosen by Utah figures looking for someone with expertise in business and law and with connections to the state and the LDS Church.[124] The appointment faced some initial criticism from non-Mormons, and fears from Mormons, that it represented cronyism or gave the Games too Mormon an image.[30]
Romney ran the planning for the Games like a business.[125] He revamped the organization's leadership and policies, reduced budgets, and boosted fundraising, alleviated the concerns of corporate sponsors and recruited many new ones.[119][124] He appealed to Utah's citizenry with a message of optimism that helped restore confidence in the effort.[119][125] He worked to ensure the safety of the Games following the September 11, 2001 terrorist attacks by coordinating a $300 million security budget.
Governorship of Mitt Romney - Wikipedia, the free encyclopediaComing into Mass. with a 1.5 billion dollar deficit and leaving with a 2 billion dollar surplus in a rainy day fund.
Now maybe you can understand why our community organizer President is freaking out--and desperately trying to lash out at every single opportunity because Obama is being matched up against a private sector genius- that turned governor--that was capable of doing all of the above.