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Like other presidents before him, Barack Obama inherited a recession. But unlike them, he has made it worse, not better.
Mitt Romney
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Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit.
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Did you see what President Obama said today? He asked his supporters to vote for revenge. For revenge. Instead, I ask the American people to vote for love of country.
Mitt Romney
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It would be impossible to reach unanimity on every aspect of our budget, but it's clear there is widespread support for the concept of change. We face a choice between either cutting waste out of government, or facing a new job killing tax increase every year from here on out.
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The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk. In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.
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My business experience confirmed my belief in empowering people. For example, at Bain Capital we bought Accuride, a company that made truck rims and wheels, because we saw untapped potential there. We instituted performance bonuses for the management team, which had a dramatic impact. The managers made the plants more productive, and the company started growing, adding 300 jobs while Bain was involved. My faith in people, not government, is at the foundation of my plan to strengthen America's middle class.
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Welfare without work erodes the spirit and the sense of self-worth of the recipient. And it conditions the children of nonworking parents to an indolent and unproductive life. Hardworking parents raise hardworking kids; we should recognize that the opposite is also true. The influence of the work habits of our parents and other adults around us as we grow up has lasting impact.
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Rick, I don't think I've ever hired an illegal in my life... We had a lawn company to mow our lawn, and they had illegal immigrants, and when that was pointed out to us, we let them go... So we went to the company and we said, "Look, you can't have any illegals working on our property. I'm running for office, for Pete's sake. I can't have illegals."
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President Obama promised to begin to slow the rise of the oceans... And to heal the planet. My promise is to help you and your family.
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You Olympians, however, know you didn't get here solely on your own power. For most of you, loving parents, sisters or brothers, encouraged your hopes, coaches guided, communities built venues in order to organize competitions. All Olympians stand on the shoulders of those who lifted them.
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If there is anyone worried the last four years are the best we can do, if there is anyone who fears that the American dream is fading away, if there is anyone who wonders whether better jobs and better paychecks are things of the past, I have a clear and unequivocal message: with the right leadership, America will come roaring back.
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The fundamental principle of faith of Judeo Christian (belief) is there is a God, who is our heavenly Father and all the people on this earth and every speck of humanity on this earth is a creation of God … And every creation of humanity is a child of God.
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I'm not concerned about the very poor. We have a safety net there. If it needs repair, I'll fix it. I'm not concerned about the very rich — they're doing just fine.
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The fact is that I spent twenty-five years in the private sector. And that obviously teaches you something that you don't learn if you haven't spent any time in the private sector. If you were to say to me, tell me what you learned from your schooling that would help you be a President, it's like, well, how do I begin going through a list like that? You learn through life's experience. The President's experience has been exclusively in politics and as a community organizer. Both of those are fine areas of endeavor. But right now we have an economy in trouble, and someone who spent their career in the economy is more suited to help fix the economy than someone who spent his life in politics and as a community organizer.
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I think we ought to have more oil. We ought to develop more sources of oil so that we can increase our supply. But the last thing I want to do is suck it all dry as quickly as we can. I want to use less of it.
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I wouldn't presume to present a plan different from that of the President. But I believe he was right to take on the war on terror on an aggressive front rather than a defensive front. We toppled the government … walking away would mean a humanitarian disaster. We're there and we have a responsibility to finish the job.
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First, we established incentives for those who were uninsured to buy insurance. Using tax penalties, as we did, or tax credits, as others have proposed, encourages "free riders" to take responsibility for themselves rather than pass their medical costs on to others. This doesn't cost the government a single dollar.
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I saw a story today that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China. I will fight for every good job in America, I'm going to fight to make sure trade is fair.
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Now, I love being home, in this place where Ann and I were raised, where both of us were born. Ann was born in Henry Ford Hospital, I was born at Harper Hospital. No one's ever asked to see my birth certificate; they know that this is the place that we were born and raised.
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This combines a couple of things I like best — cars and sport.
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That pledge says "under God". I will not take "God" out of the name of our platform. I will not take "God" off our coins, and I will not take God out of my heart. We're a nation bestowed by God.
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America needs a president who can fix the economy because he understands the economy, and I do and I will.
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As to what to do for the housing industry specifically and are there things that you can do to encourage housing: One is, don't try to stop the foreclosure process. Let it run its course and hit the bottom.
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No, you go to the hospital, you get treated, you get care, and it's paid for, either by charity, the government or by the hospital. We don't have people that become ill, who die in their apartment because they don't have insurance.
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For all the conflicting views on this issue, it speaks well of our country that we recognize [abortion] as a problem. The [law] may call it a right, but no one ever called it a good, and, in the quiet of conscience people of both political parties know that more than a million abortions a year cannot be squared with the good heart of America.
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Quote of the day
Time and trouble will tame an advanced young woman, but an advanced old woman is uncontrollable by any earthly force.
Dorothy L. Sayers
Mitt Romney
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Born:
March 12, 1947
(age 77)
Bio:
Willard Mitt Romney is an American businessman and politician who served as the 70th Governor of Massachusetts from 2003 to 2007.
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