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Mitt Romney's wealth raises new questions

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  • I-am-I South Jordan, UT
    Nov. 22, 2011 1:26 p.m.

    I find this out of touch millionaire argument to be a ridiculous rhetorical point that only the ignorant and stupid will buy into (which might be why it could work). A)Everyone in the Government is incredibly wealthy in comparison to the average person. B) I would be a little nervous is the person taking office wasn't wealthy because a politician is an administrator and a poor administrator is one of two things(1) not a very good administrator, (2) Some sort of saint. I don't need to explain the first. The second is that the administrator is a defender of the basic human rights. Such a person has to have a little fight in them.

  • friedeggonAZstreets Glendale, AZ
    Aug. 18, 2011 1:26 p.m.

    Who cares?! If he has all this money; then maybe he can fix our broken economy. I'd rather have someone who can maintain their wealth and is a proven businessman then someone who does not.

  • Hank Pym SLC, UT
    Aug. 17, 2011 7:28 p.m.

    @ Cats | 9:13 a.m. Aug. 15, 2011

    It is so tough being a Venture Capitalist? Its the 21st century equivalent of being a pirate w/o the sword, parrot, & ship?

    Given MR's vocation & he is Wall Street's preferred GOP candidate; it means he's part of the status quo that nearly killed the economy.

  • ProudUtahn St. George, Utah
    Aug. 16, 2011 3:55 p.m.

    responce to Truthseeker continued
    "yet Republicans/Romney favor tax cuts, and taxing unearned income lower than earned income." The companies and corporations do not pay taxes, the consumer of their product or service do in the pricing. It is not the governments job to make jobs but only to make an enviornment that business can thrive. Higher taxes and regulations do not make for that condusive enviornment. Also what is unearned income if not dividends paid on investments in business that creates jobs. With dividends means business doing well and the investors risk paid off to invest some more.

  • ProudUtahn St. George, Utah
    Aug. 16, 2011 3:46 p.m.

    Truthseeker | It appears you need to seek alittle harder for truth.

    "Romney is like George Bush, the son of a prominent, well-to-do, high profile father who doesn't really know the struggles of the common man."
    If learning how to make the hard decissions is not from the common man your right we have to do it for ourselves he did for many to save corporations, olimpics, companies and government entities.
    "As for Romney being a job creator while at Bain, the evidence shows that many people lost jobs when Bain took over companies. Republican fixation for " shrinking govt" and cutting govt spending at this point in time will increase, not decrease the number of unemployed."
    yes some jobs are lost to make the entity stronger to last longer for many.
    "Studies have shown that food stamps and unemployment checks are more stimulative than tax cuts"
    food stamps and unemployment encourage the recipient not to accept a job because they get more on assistance than working a lower paying job. It is easier to get a higher paying job while working than not working!

  • ProudUtahn St. George, Utah
    Aug. 16, 2011 3:19 p.m.

    Pac_Man
    He comes off as inauthentic, testy, and his message is a little cloudy.

    What is cloudy? Anything like our current President who would not let any information about him out or his plans other than how transparent the government would be once he took office? The President has become more, well no longer cloudy but out right black out (total opposite of transparent) in his dealings and agenda. And you call Romney a little cloudy!

  • Esquire Springville, UT
    Aug. 16, 2011 9:06 a.m.

    The fantasy is guys like "Incite Full" who think they are in the wealthy class or soon will be. It won't happen. It's not about class envy. Like Warren Buffet says, treat the rich at least like the middle class in the way they are taxed, not give them preferential treatment.

  • Incite Full Layton, UT
    Aug. 16, 2011 7:16 a.m.

    Class Envy is mother's milk to Democrats. It comes from an unhealthy fixation on the failed visions of Karl Marx.

  • Max Syracuse, NY
    Aug. 16, 2011 6:41 a.m.

    I find it amazing that anyone would consider success to be a liability. However, since the Democrats have little else to run on other than class envy, cradle to grave economics and the virtues of being dependent on government, I guess being successful is a pretty big sin.

  • Esquire Springville, UT
    Aug. 16, 2011 6:41 a.m.

    It's not the amount of money he has, it is how he earned it. A trail of tears, lost jobs, the big guy squeezing the little guy. And he grew up with a silver spoon in his mouth and has no clue about middle class struggles. Watch him closely and you'll see it.

  • DN Subscriber Cottonwood Heights, UT
    Aug. 15, 2011 10:37 p.m.

    Class warfare, pure and simple.

    It is the very core of the socialist play book, and that is the only play the Democrats know.

    Romney deserves every dollar he has EARNED. He is not collecting welfare, or making a career out of government (including elected) jobs, or being a lobbyist.

    Anyone who criticizes Romney's wealth needs to be told- "Get a real job!"

  • JWB Kaysville, UT
    Aug. 15, 2011 9:18 p.m.

    This American has lived the American dream. He has used his education, discipline, and financial abilities to earn money, that is the pursuit of happiness. The present President and Secretary of Treasury don't know how to handle money, especially that of the Americans who are striving for the dream. They need to learn from Mr. Romney. He has dedicated his time, energy and talents to the state of Massachusetts as Governor. He was responsible for making the Olympics in 2002 a success and a historic memorable feat. What a blessing to the state of Utah and Salt Lake City and the United States. The founders of our Country and those that are dedicated to the proposition that freedom comes from a strong defense and having a great educational system is important. I don't think a President that spends $200M a day for his trips in some instances is what our citizens want. They want someone who knows how to earn and save money. Mr. Romney may take a hit with the Massachusetts medical system but his legislative body supported this process that was a laboratory for finding out which is good and bad. The one Congress did is bad.

  • Samantha Chicago, IL
    Aug. 15, 2011 7:36 p.m.

    Mon 8:20 PM Dear Americans!

    Turn East... look to England and Greece... Welfare corrupts and corrods our society.

    Socialism/Communism are the ultimate "help." People need help to help themselves maybe but we are becoming a society of sloth and degeneracy. The class warfare rhetoric of Obama is the language of envy, resentment and entitlement. It destroys societies from within.

    We need a leader for America and it isn't Barack Obama. Americans need someone who understands the Economy inside and out ... in my view, Mitt Romney has what it takes to lead America back to a healthy and prosperous country!! His solid family values speak volumes. He will inspire us that hard work is the key to a better future just like the early settlers, so our next generation can also look into a brighter future!! America is worth it.

    Thanks for listening.

  • one vote Salt Lake City, UT
    Aug. 15, 2011 7:35 p.m.

    If he makes any more the republicans will cut his taxes even more.

  • oldcougar Orem, UT
    Aug. 15, 2011 6:33 p.m.

    @ truthseeker:
    "As for Romney being a job creator while at Bain, the evidence shows that many people lost jobs when Bain took over companies."
    I see this one very differently. Companies like Bain look for other companies who are not performing optimally, have potential value, but can be bought at a reasonable price because they are struggling. They buy them, turn them around, then sell them at a profit. People are sometimes laid off as part of the reorganization effort. The alternative would be to watch the company continue its downward slide to failure and see all the employees lose their jobs. So Bain/Romney actually saved many net jobs. That's how it often works. These so-called corporate raiders do a valuable service and are paid handsomely...and often many employees and other investors are better off.

  • FDRfan Sugar City, ID
    Aug. 15, 2011 5:34 p.m.

    I don't hate the rich. I have a millionaire uncle. I despise attitudes like yours.

  • Andermart Pullman, WA
    Aug. 15, 2011 5:12 p.m.

    Does any one else find it humorously ironic that Obama's low approval rating over government spending and Romneys personal wealth are in the paper the same day, and we can find reasons to complain about both?

    Give the guy that knows money a chance at making America profitable. If you don't know how to make money help us elect someone who does.

  • R.Burgundy Cedar Hills, UT
    Aug. 15, 2011 4:57 p.m.

    Good for Mitt! I hope he goes out and makes another 500 million! It is still good to be an American, unless your a US citizen that hates the rich and loves socialism

  • Independent Henderson, NV
    Aug. 15, 2011 4:41 p.m.

    Good for Mr. Romney.

  • Wastintime Los Angeles, CA
    Aug. 15, 2011 3:52 p.m.

    So what were the elements that made the 2002 games a success?

    $342 million in federal money (ie earmarks) to plan and stage the Winter Games flowed into Utah, a record outlay for the Olympics and nearly $50 million more in constant dollars than was spent for the Atlanta Olympics, according to a report in 2001 by the GAO.

    Previous Olympic Games had a set number of sponsorship categories, for example, and when Romney and his team began work, they were told the list was full. So they invented new categories. That is how the Olympics got its first cake-mix sponsor (General Mills), first official Olympic meat (certified Angus beef) and first official job-search Web site (Monster.com). There was $500 million in sponsorship when we arrived, and by the time we were done there was $860 million according to Utah Olympics COO, Fraser Bullock. Romney also signed up Utah sponsors, collecting about $100 million from local companies that had never given to the Olympics.

    The International Olympic Committee had a stake in restoring its reputation after the scandals and made concessions in sharing revenue. Thousands of volunteers from Utah also played an important role

  • KM Cedar Hills, UT
    Aug. 15, 2011 3:24 p.m.

    Oh the humanity! I think that is altogether too much money for one person to have. I think we should redistribute it to those who are unwilling to work hard and take risks. Why? Because they deserve it more than Romney and they will vote for the right candidate, Obama.

  • Happy Valley Heretic Orem, UT
    Aug. 15, 2011 3:13 p.m.

    kiaoraguy: Running the 2002 Winter Olympics, still regarded by the IOC as the best managed and produced Olympics in history, was not a real job?

    Running, No Cleaning up after a bribery scandal doesn't count as "Running the winter olympics"

    kiaoraguy: So being the Governor of a major State (Common Wealth) with thousands and thousands of Employees and Billions in expenses, was not a real job?

    Nope, It's a political position, or a popularity contest, and not much more.

    kiaoraguy: still regarded by the IOC as the best managed and produced Olympics
    Mostly because he insulated them from being charged for accepting those bribes, ya think?
    oh, and they still got to keep most of them.

  • kiaoraguy Provo, UT
    Aug. 15, 2011 2:43 p.m.

    re:ClarkKent- so forming Bain Capitol and building it up successfully was his last real job? Running the 2002 Winter Olympics, still regarded by the IOC as the best managed and produced Olympics in history, was not a real job? So being the Governor of a major State (Common Wealth) with thousands and thousands of Employees and Billions in expenses, was not a real job?

  • Utah Girl Vernal, UT
    Aug. 15, 2011 2:07 p.m.

    It has been one month today since I got laid off my job that I've had for the past 4 years. I finally got my first unemployment check last week, for $138. Should get another one tomorrow. I've been applying all over for jobs, along with dozens of other people who are applying for the same jobs. I had an interview scheduled last Tuesday morning. They called me Monday afternoon and said the job had been filled (they interviewed a bunch of people on Monday, too). An earlier poster is very correct in saying there are 50 applicants for ever 1 job. I am 64, so my age is a problem. Shouldn't be a factor, but in truth it is. I'd love to just retire, but it takes both incomes to make ends meet...almost meet...and without mine we haven't been able to pay August's house payment yet. I do not begrudge Mitt's wealth. I believe he can do a great deal of good for the financial problems of our country.

  • metamoracoug metamora, IL
    Aug. 15, 2011 1:44 p.m.

    Procuradorfiscal: Great response! Good gutbuster! Thanks!

    truthseeker: What exactly is your point quoting three people who know finances? What they aren't familiar with is human nature. And still the fact remains, people don't get serious about finding employment until the benefits run out. Until then, the majority are content to be home and do whatever.

    Happy valley heretic: no offense, but small corporations such as annie's & my wife's (three total employees including my wife and me, third employ is not family but we attempt to treat her as such) are the life blood of America. For the record, last year we grossed $350k. 34% went for employee payroll. The remainder was expenses for rent, taxes, utilities, phones, equipment, and other daily expenses. No cars, no fancy feasts, no extravagances.

    The real purpose of a corporation is to protect personal assets, so that if the business (or the real possibility of the entire economy) tanks, only the assets of the business can be pursued by creditors.

  • Happy Valley Heretic Orem, UT
    Aug. 15, 2011 1:03 p.m.

    Romney did not "amass" his wealth. He inherited his wealth from his father, George W. Romney ( who was Mexican ). Mitt was born with a silver spoon in his mouth.

    Obama earned his money and position in life on his own merit and his own work.

    As a business man, Romney made money by hostile taekovers of companies and then firing and downsizing workers. He fired workers. Destroyed jobs to enrich himself.

    To Tom & B: Romney does not meet the 'Birther's threshhold of being a "natural-born citizen because his father was born in Mexico. Birthers insists a person's both parents must have been born in the US for them to be a natural-born citizen qualified to run for president.

  • Tom in CA Vallejo, CA
    Aug. 15, 2011 12:53 p.m.

    "The last I recall we still haven't seen Obama's college transcripts."

    B:

    Nice heads up, man!! That's right, as long as were looking for complete disclosure why not tie up some (very) loose ends.

  • Happy Valley Heretic Orem, UT
    Aug. 15, 2011 12:52 p.m.

    Someone in texas said earlier: My husband and I have two corporations--employing a total of 8 people.

    Talk about abusing a system, let me guess this is your family and you've incorporated to keep someone from being able to tell where the money comes from or goes to, and your "corp" owns your home and cars ect... and you just lease them to yourself.

    Nevada Corp?

    Corporations are created to hide and obscure the truth.

  • Ranch HUNTSVILLE, UT
    Aug. 15, 2011 12:46 p.m.

    85M to 265M is a very wide margin. All it tells us is that he's so rich he doesn't even know how much money he has.

    Fortunately for Mitt, he started out in this life with a silver spoon. Where would he be today if he hadn't had that initial oomph? Would he be anywhere near as successful? Maybe, maybe not.

    Anyway, all we'll ever have any more for president is an uber-wealthy individual. Nobody else could possibly afford (without mega-contributions from mega-corporations) to even run. I guess, we'll see where we end up as a Corporatocracy. Which corporation is it going to be calling the shots? My guess is Bain Capital if Romney is elected.

  • Ender Salt Lake City, UT
    Aug. 15, 2011 12:45 p.m.

    Oh no!!! A self-made man who has surpassed the average American dream is now running for president!!!
    .
    .
    .
    Puh-lease. I wish we did have a president who knew how the economy worked, especially with my savings in the 401k dropping!

  • TRUTH Salt Lake City, UT
    Aug. 15, 2011 12:41 p.m.

    No one is hand cuffing Warren Buffett....he is nothing more than a blow hard!

    Hey Warren put your money where your mouth is... write the govt a check for $20 Billion and shut up! Who cares what you think....?

  • B Logan, UT
    Aug. 15, 2011 12:40 p.m.

    The last I recall we still haven't seen Obama's college transcripts. Does that matter too, when electing a president? According to Pagan, when you are running for PUBLIC OFFICE it does...

  • Pac_Man Pittsburgh, PA
    Aug. 15, 2011 12:38 p.m.

    Most Americans don't believe that corporations are people until it is the corporation that they work for is the one on the insolvency chopping block.

  • xscribe Colorado Springs, CO
    Aug. 15, 2011 12:29 p.m.

    @noneck62: Careful there. You don't want to be condoning communism, do you?

  • Maurice McBride Roanoke, VA
    Aug. 15, 2011 12:28 p.m.

    Excuse me, but the headline says "raises questions." I did not see any questions.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Aug. 15, 2011 11:55 a.m.

    Is Wall Street investing in Romney?. The largest corporate sources of money for Romney are mostly finance industry leaders , including Morgan Stanley and Bank of America. Goldman Sachs employees have given nearly a quarter of a million dollars in contributions. Obama bailed them out. Do they now want more from Romney to?. Romney is as crooked as witches toenails. Romney wastes his millions refusing to acknowledge he is un-electable. At the annual Miami-Dade Lincoln Day Dinner (for our overseas readers, that translates as "South Florida, right-wing Republicans", he ended his speech with the stirring phrase, "¡Patria o muerte, venceremos!" Somehow, Romney missed out on knowing that that phrase "Fatherland or death, we shall overcome!" has for decades been the closing line of almost every one of Castro's speeches. It's 100% associated with the Castro regime. Romney's audience was not impressed. The keys to his success appear to be large donors and contributors from the New York area. Romney appears to be getting less money from at least one source, Utah.

    Obama's approval rating is higher then Romney's that just knows how to make money, not how to run America.

    Obama, 4 more years.

    That's my views.

  • Truthseeker SLO, CA
    Aug. 15, 2011 11:54 a.m.

    re:metamoracoug

    Paul Krugman, Nobel prize winning economist:
    "When the economy is booming, and lack of sufficient willing workers is limiting growth, generous unemployment benefits may keep employment lower than it would have been otherwise. But as you may have noticed, right now the economy isn't booming -- again, there are five unemployed workers for every job opening. Cutting off benefits to the unemployed will make them even more desperate for work -- but they can't take jobs that aren't there."

    Alan Greenspan:
    "Unemployment insurance is essentially restrictive because it's been our perception that we don't want to create incentives for people not to take jobs. But when you're in a period of job weakness, where it is not a choice on the part of people whether they're employed or unemployed, then obviously you want to be temporarily generous. We ought to be temporarily generous."

    MarketWatch chief economist Irwin Kellner: "[T]here are now more than five applicants for every job. Clearly, this is not caused by more benefit checks.
    In the case of the duration of unemployment and number of benefit checks, both are really determined by the lousy economy!"

  • FDRfan Sugar City, ID
    Aug. 15, 2011 11:49 a.m.

    "Warren Buffett, one of the richest men in the country, wants to pay more taxes and thinks his super-rich friends should too."

    What a contrast. Does Mitt Romney, like Rick Perry, want to repeal the 17th amendment? For a party that loves the Constitution so much, the tea party Republicans want to make a lot of changes.

  • FDRfan Sugar City, ID
    Aug. 15, 2011 11:37 a.m.

    Mitt Romneys accumulation of wealth shows him to be extremely competent and brilliant. Donny Osmond ascribes the same attributes to Lady Gaga. My father spent 43 years in the coal mines and became disabled at age 57. Social security helped him to live the rest of his life with some dignity and independence. Social security did not enslave him nor destroy his agency. It had an opposite effect. Would there be a similar program in Mitt Romneys world? I have to wonder if they both were rewarded in life in accordance with contributions to society. Did Hugh Heffner or Karl Malone contribute that much more than coal miners or school teachers? I dont want a president that just knows how to make money.

  • procuradorfiscal Tooele, UT
    Aug. 15, 2011 11:19 a.m.

    Re: "Mitt Romney's wealth raises new questions"

    About what?

    Is there the slightest indication is is ill-gotten? By theft or extortion? By hustling drugs?

    So what's the question?

    Mitt Romney is not my candidate, but anyone that would try and convert his financial success into a political negative is taking a page from Marx -- either Karl or Groucho.

    The only real question in this story is, what was the writer smoking?

  • Truthseeker SLO, CA
    Aug. 15, 2011 11:12 a.m.

    re:noneck62

    FYI

    Members of Congress, candidates for federal office, senior congressional staff, nominees for executive branch positions, Cabinet members, the president and vice president and Supreme Court justices are required by the Ethics in Government Act of 1978 to file annual reports disclosing their personal finances. Compliance and enforcement of this requirement is overseen by the congressional ethics committees, the ethics offices of government agencies and, in the case of executive branch officials, the U.S. Office of Government Ethics.

  • metamoracoug metamora, IL
    Aug. 15, 2011 10:56 a.m.

    truthseeker: studies have also shown that foodstamps and unemployment checks also remove any incentive to look for work and as soon as those benefits expire . . . voila, people start looking for employment.

    noneck62: I couldn't disagree with you more. The Constitutional right of freedom of the press is unequivocally one of the reasons this country could still maintain its leadership in the world. If free expression of ideas is ever violated or made illegal, it will be time for a little civil disobedience or revolution.

  • metamoracoug metamora, IL
    Aug. 15, 2011 10:50 a.m.

    Pagan: annie and husband do not own the business because it is a corporation. They are employees of the company. It's a small clarification, but an important one.

  • Truthseeker SLO, CA
    Aug. 15, 2011 10:43 a.m.

    re:annie
    People work for corporations.
    Corporations are legal entities, NOT people.

    Do you think the Bill of Rights was written for corporations?

    Or do you think the Bill of Rights was written for individuals?

    Individuals have the right to vote, are corporations registered voters? Do corporations get driver's licenses?

    Get real.
    Romney revealed what he stands for: corporate personhood.

  • DeltaFoxtrot West Valley, UT
    Aug. 15, 2011 10:34 a.m.

    If this country needs anything right now, it's a leader who knows how to make a profit... the US hasn't made one in years.

  • noneck62 Salt Lake City, UT
    Aug. 15, 2011 10:24 a.m.

    Mitt Romney's total monies or wealth is none of our business; this is a prime example of the News Media outlets attacking someone just because of how much money they are worth. It is time for Congress to clamp down or regulate so-called "Freedom of the Press."

  • Gunner South Jordan, UT
    Aug. 15, 2011 10:02 a.m.

    Another example of the left's idea of "Sharing the wealth" Lets let people be creative and learn how to make their own money, but then they need to be sure they give that back to those who sit on their butts waiting for a handout!

  • Pagan Salt Lake City, UT
    Aug. 15, 2011 9:50 a.m.

    'We don't get tax breaks...' - annie | 9:40 a.m. Aug. 15, 2011

    *'Hatch, Republicans challenge tax cut expiration' - By Becky Bruce, Deseret News - 12/01/10

    'WASHINGTON, D.C. Republicans in the U.S. Senate are drawing a line in the virtual sand, vowing to keep all legislation off the Senate floor unless Congress extends the Bush-era tax cuts...'

    You do if you make over $250,000/year.

    And since you own a business....

  • Truthseeker SLO, CA
    Aug. 15, 2011 9:49 a.m.

    Well, fundraising won't be an issue for Romney as he can afford to self-fund his own campaign.
    Romney is like George Bush, the son of a prominent, well-to-do, high profile father who doesn't really know the struggles of the common man. As for Romney being a job creator while at Bain, the evidence shows that many people lost jobs when Bain took over companies. Republican fixation for " shrinking govt" and cutting govt spending at this point in time will increase, not decrease the number of unemployed. Studies have shown that food stamps and unemployment checks are more stimulative than tax cuts yet Republicans/Romney favor tax cuts, and taxing unearned income lower than earned income. Furthermore, aside from govt transfer payments (Medicare, Social Security, food stamps etc) govt spending as a percentage of GDP is lower now than it was during the 60's. (politifact)

  • annie Tomball, TX
    Aug. 15, 2011 9:40 a.m.

    Corporations ARE people. My husband and I have two corporations--employing a total of 8 people. Most corporations in America are just like us. We don't get tax breaks and raising our taxes may put us under. Then there will be 8 people jobless, beside us. We are ok because my husband has a marketable skill but most of our employees would be in a bad spot. What Romney said was true, he just didn't articulate it very. The man wasn't talking about IBM here.

  • Pagan Salt Lake City, UT
    Aug. 15, 2011 9:37 a.m.

    '...because Libs like Obama just can't compete with a record like that...' - TRUTH | 9:23 a.m. Aug. 15, 2011

    And what record IS that 'truth?'

    Because if you actually LOOKED at it, it wouldn't really be that impressive.

    From 2003-2007 job growth....0.9%.
    In rankings with the rest of the country...MA was 47th in Job creation when Mitt Romney was there.
    - Think Progress Travis Waldron 06/02/11

    *'Let Detroit Go Bankrupt' - By Mitt Romney - NY Times - 11/18/

    Wow.

    47th in job creation out of FIFTY states.

    Great 'record' there.

    But, I guess it's ok because 'Romneycare' was very popular in MA.

    Not enough for Mitt to run for a SECOND term, but popular none the less.

  • Pagan Salt Lake City, UT
    Aug. 15, 2011 9:27 a.m.

    'His opponents will latch onto anything they can.' - Cats | 9:13 a.m. Aug. 15, 2011

    Not just his opponents Cats....

    *'Fox News host: Romney not Christian' - By Hal Boyd, Deseret News - 07/17/11

  • TRUTH Salt Lake City, UT
    Aug. 15, 2011 9:23 a.m.

    Wow....you mean if yoiu work for a living and are successful then you can't run for President of the USA...because Libs like Obama just can't compete with a record like that.......This is such a non-story!

    Wake me up when you find that Tony Resco bought Mitt a house and bribed him to keep Resco out of jail!

  • ClarkKent Bountiful, Utah
    Aug. 15, 2011 9:21 a.m.

    As far as multi-millionaires go, I think Mr. Romney is out of touch. He hasn't had a real job in years. All he's been doing is running for political office.

  • Cats Somewhere in Time, UT
    Aug. 15, 2011 9:13 a.m.

    His opponents will latch onto anything they can. It will be his success, his religion, etc. Anything they can find. Former presidents and candidates have been very wealthy men. John Kennedy had his presidency purchased for him by his daddy. Anyone who has sense should realize that Romney's success is a plus and not a minus. Of course, the unions will attack him. They hate anyone who has an ounce of ingenuity and is enterprising.

  • Pagan Salt Lake City, UT
    Aug. 15, 2011 9:11 a.m.

    'The Wall Street Journal analyzed why Romney's personal wealth which exceeds that of Pres. Barack Obama and all other Republican presidential candidates may morph into a campaign issue in the coming months.' - Article

    Why is this an issue?

    *'Mitt Romney raises $18.25 million, but Republicans worry it might not be enough' - By Jamshid Ghazi Askar - DSNews - 07/07/11

    *Firm dissolves after giving pro-Romney PAC $1 million By Ken Thomas AP Published by DSNews 08/04/11

    Because it set's a bad presidence.

    *Mitt Romney: Corporations and people, my friend By Phillip Elliot AP Published by DSNews 08/11/11

    As exampled by:

    *'Spending blitz by outside groups helped secure big GOP wins' - By Michael Isikoff and Rich Gardella - MSNBC - 11/04/10

    'Wall Street Funds Republicans Opposing New Banking Regulations' - By Jonathan D. Salant - 04/11/10 - Buisness Week

    Romney has all this money.

    Whereas:

    *'Let Detroit Go Bankrupt' - By Mitt Romney - NY Times - 11/18/08

    He is against the Bush-era bailouts and 'made in America' jobs.

    How's YOUR job?

  • RonKearns COLORADO SPRINGS, CO
    Aug. 15, 2011 9:10 a.m.

    It would be a terrible tragedy for a government leader such as the president to have an intimate understanding of how a business can create wealth and provide quality jobs to the citizens. He would know how to cut fat out of the executive branch of the government such as Departments of Homeland Defense, Labor & Commerce, HUD, EPA, yadda, yadda, yadda. Actually, it looks like he's developed an impressive portfolio; one that he earned personally.

  • Pac_Man Pittsburgh, PA
    Aug. 15, 2011 9:08 a.m.

    Romney's wealth is the least of his problems. He comes off as inauthentic, testy, and his message is a little cloudy.

  • gogogoff Orem, UT
    Aug. 15, 2011 8:56 a.m.

    Why is this bad ? he is donating his presidential salary to charity, HE IS NOT DOING THIS FOR THE MONEY! He is rich, and that is evil ???

  • RS Holladay, UT
    Aug. 15, 2011 8:54 a.m.

    Oh how terrible, Mr. Romney has been successful in business. Wow that would be scary if a man who actually knows about money were put in charge of the dwindling amount our country has.

  • metamoracoug metamora, IL
    Aug. 15, 2011 8:53 a.m.

    Can someone help me understand why his wealth is an issue? The man knows how to make money. This is an evil characteristic?