« BACK  |  PRINT

RS

MEMBER DIARY

Romney and the Global Economy

Romney should win the Republican nomination and win the Presidency. He’s right to focus on his business experience because America faces a business problem not a political problem. You don’t need another politician like Perry or Bachmann who will just be the polar opposite of Obama. We don’t need a right wing or left wing idealogue because politics will not fix the problem.

America is crumbling because our local economy is connected to the Global Economy in a more profound way. We need a President that understands how business operates in the Global Economy not a politician who will just try to put in place their ideology.  The last thing we need is an idealogue after Bush and Obama.

The Tea Party is a good thing but it’s limited in it’s reach. You saw this in the 2010 election. The Tea Party was strong on a House of Represenatives level but their reach was diluted as you got to the Senate. It will be even worse with the Presidency. People like Perry will only give Obama 4 more years. He will be marginalized as the Tea Party candidate and a George W. Bush clone and that will destroy any chance of winning the Presidency or regaining the Senate.

We need a President that understands how businesses work in order to maximize trade deals and ensure we get the most growth in the local economy. Like Romney did with Staples or the Sports Authority.

We need a President that will cut spending based on efficiency and not ideology.  An idealogue from the Right will stay away from Defense and an idealogue from the Left will want to stay away from social programs. A businessman/woman knows it’s about inefficiency not ideology.

For instance, say Dominos Pizza comes to you to turn there company around, like they did with Romney, you would have to cut jobs in order to grow the company. This is because some Dominos Pizza’s will be inefficient and they will drag down the company. You might have to close some stores and therefore cut jobs but the company will become more efficient and grow faster and you will end up with more jobs than the ones that were there before you started.

We don’t need career politicians and idealogues who will give us more of the same whether there a Democrat or a Republican. 

Here’s a little about Romney from Money online.

People who know him won’t shut up about how smart and pragmatic and decisive he is. “Mitt never takes anything at face value,” says Glenn Hubbard, dean of Columbia’s business school and a Romney (and former Bush administration) economic advisor. “He’s constantly questioning.” Says Fraser Bullock, a former Bain partner who worked with Romney on the Olympics: “He’s not an ideologue. He makes decisions based on researching data more deeply than anyone I know. As people get to know him better, they’ll see an extremely competent, strong leader.”

Romney considers Staples (Charts, Fortune 500) his biggest success. In 1985 entrepreneur Tom Stemberg told Romney that he wanted to launch a chain of office-supply stores. Stemberg was convinced that businesses were paying far too much for paperclips, pens, and, naturally, staples. “Mitt could totally relate to the concept. He’s a person who watches his pennies,” says Stemberg. (Bain initially invested $600,000. Staples started in May 1986 and went public in 1989. Revenues last fiscal year: $18 billion.)

From the inception of Bain Capital to 1999 – Romney’s watch – the firm posted average gross returns in excess of 100% annually. Its assets grew to more than $4 billion. And Romney, of course, got rich.

http://money.cnn.com/magazines/fortune/fortune_archive/2007/07/09/100121803/index.htm

We don’t need another career politician and idealogue.

Romney 2012!!

Get Alerts