Quantcast
U.S. & World

Mitt Romney claims Obama doesn't understand business (+video)

Comments

Return To Article
  • worf Mcallen, TX
    Nov. 2, 2012 8:12 p.m.

    Obama understands vacations, David Letterman, campaigning, and golf.

  • Kent C. DeForrest Provo, UT
    Nov. 1, 2012 4:01 p.m.

    Article-Reader:

    Read the article. Bain took a paltry $15 million gain from Staples and got out early, before the person who really turned it into what it is today did all the hard work. By contrast, Bain sucked $175 million from a chain of retailers who were competing with Walmart, largely by smoke-and-mirrors accounting tricks. So, they made $15 million off a success story, and made $175 million off a loser. Wonder who was left holding the bag? Well, read the article.

  • lost in DC West Jordan, UT
    Nov. 1, 2012 1:26 p.m.

    Romney doesn't know business? Bain was not a failure, and even the God of the Left, slick willy praised Romney as an astute businessman

    Romney doesn't know how to govern? Taking a deficit in the Peoples' Republic of Massachussets and turning it into a surplus refutes that claim.

    What's BO done?
    divide
    lie
    accumulate more debt faster than at any time in our history
    divide
    lie
    reduce our standing in the world
    divide
    lie
    cover-up our involvement in the deaths of hundreds of Mexican nationals
    divide
    lie
    cover-up the failure to protect US lives in Benghazi
    divide
    lie
    teach people how to leach off the system
    lie some more

  • Rifleman Salt Lake City, Utah
    Nov. 1, 2012 12:36 p.m.

    Re: LDS Liberal Farmington, UT
    "Why do the people he once Governed favor Pres. Obama by over 20% ?"

    Where a majority of the voters in Massachusetts are Democrats I'm not surprised.

    I'm sure not everyone was happy when he went after the incompetent contractors who where involved in the Big Dig debacle. It only went over budget $11.2 billion dollars.

  • LDS Liberal Farmington, UT
    Nov. 1, 2012 11:41 a.m.

    Rifleman
    Salt Lake City, Utah

    If Mitt Romney is such a great Government leader,
    Why do the people he once Governed favor Pres. Obama by over 20% ?

  • Annalaurab Salt Lake City, UT
    Nov. 1, 2012 11:39 a.m.

    All I can say is if Obama wins re-election, I hope he is smart enough to ask Romney to be that Business Secretary. I think he'd do a great job although I'd prefer to have him as President.

  • Rifleman Salt Lake City, Utah
    Nov. 1, 2012 11:11 a.m.

    Re: LDS Liberal Farmington, UT
    "in other news; ‘Obama claims Romney doesn't understand Government’"

    Actually he does understand government ....waste. The national debt rose $4.899 trillion during the 8 years of the Bush presidency, and has gone up another $4.939 trillion since President Obama took office less than 4 years ago.

    Taxing the rich into the poor house might help slow down the rise in the national debt ..... like giving more booze to an alcoholic would help his drinking problem.

  • 1conservative WEST VALLEY CITY, UT
    Nov. 1, 2012 11:09 a.m.

    We've already tried Obama's economic skill set.

    For 4 yrs.

    It didn't work.

    Why waste another 4 yrs.?

  • Article-Reader Spanish Fork, UT
    Nov. 1, 2012 10:56 a.m.

    Kent,
    What Romney did at Bain was invest in companies that were dying and give them more life and save them. Staples was a start-up, but unfortunately Romney bought it and killed it. . . Oh wait a minute. Domino's Pizza was dying in the early 90's, but Romney stepped in, invested, reorganized and the business grew. Yeah, you're right, Romney has no idea how business works. But, hey, I'll listen to you, because you'll take one guy's opinion and treat it as fact, rather than look at the facts yourself. That seems like a great idea!

  • DN Subscriber Cottonwood Heights, UT
    Nov. 1, 2012 10:47 a.m.

    Talking points are pretty fast to show up here.

    However, they all conveniently ignore Romneys huge success in turning the 2002 Olympics for a scandal ridden money pit into a well run, profitable operation. No smoke and mirrors accounting tricks or tax increases or other nonsense, just outstanding knowledge of business and the willingness to make tough decisions and hire (or fire) the right people to get the job done.

    Sounds like exactly what we need in Washington, DC. The antithesis of the current resident of the White House.

  • IJ Hyrum, Ut
    Nov. 1, 2012 10:45 a.m.

    ," but that the public understands the president is the only candidate with "a concrete plan to move our country forward" as the lemmings march toward the cliff.

  • NedGrimley Brigham City, UT
    Nov. 1, 2012 10:13 a.m.

    "accumulate huge amounts of debt, extract as much short-term capital gain as possible at extremely low tax rates, and leave the carcass for others to clean up" OR accumulate huge amounts of debt, extract as much short-term capital gain as possible at extremely high tax rates, and leave the carcass for others to clean up. Take your pick.

  • Kent C. DeForrest Provo, UT
    Nov. 1, 2012 9:57 a.m.

    If you want to read a detailed account of what Romney understands about business, I recommend the recent Newsweek article by David Stockman, budget director under Ronald Reagan, who spent 17 years orchestrating leveraged buyouts, exactly what Romney was doing at Bain Capital. Stockman examines the specifics of several Bain deals that were among the 77 investigated by the Wall Street Journal. If this is even remotely accurate, Romney's "business" experience is totally irrelevant to understanding how to produce a product, market it, and stay afloat in these difficult economic times. What his experience prepares him to do is accumulate huge amounts of debt, extract as much short-term capital gain as possible at extremely low tax rates, and leave the carcass for others to clean up. Is this the sort of economy we want in America? Well, I guess we'll get what we deserve.

  • LDS Liberal Farmington, UT
    Nov. 1, 2012 9:52 a.m.

    ‘Mitt Romney claims Obama doesn't understand business’

    in other news;

    ‘Obama claims Romney doesn't understand Government’

  • Bob A. Bohey Marlborough, MA
    Nov. 1, 2012 9:45 a.m.

    And in a related story it has come to the attention of the world that Mitt Romney doesn't understand how to govern. More on that story on Nov. 7