Combs Spouts Off

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Posts Tagged ‘romney’

Answering the Obama attack on entrepreneurs

Posted by Richard on July 19, 2012

The Chicago Tribune’s John Kass has answered the President’s contemptuous chiding of entrepreneurs in a personal and moving way:

When President Barack Obama hauled off and slapped American small-business owners in the mouth the other day, I wanted to dream of my father.

But I didn’t have to close my eyes to see my dad. I could do it with my eyes open.

All I had to do was think of the driveway of our home, and my dad’s car gone before dawn, that old white Chrysler with a push-button transmission. It always started, but there was a hole in the floor and his feet got wet in the rain. So he patched it with concrete mix and kept on driving it to the little supermarket he ran with my Uncle George.

He’d return home long after dark, physically and mentally exhausted, take a plate of food, talk with us for a few minutes, then flop in that big chair in front of the TV. Even before his cigarette was out, he’d begin to snore.

The next day he’d wake up and do it again. Day after day, decade after decade. Weekdays and weekends, no vacations, no time to see our games, no money for extras, not even forMcDonald’s. My dad and Uncle George, and my mom and my late Aunt Mary, killing themselves in their small supermarket on the South Side of Chicago.

There was no federal bailout money for us. No Republican corporate welfare. No Democratic handouts. No bipartisan lobbyists working the angles. No Tony Rezkos. No offshore accounts. No Obama bucks.

Just two immigrant brothers and their families risking everything, balancing on the economic high wire, building a business in America. …

Read the whole thing. Please!

And watch this Romney internet ad on the same subject:


[YouTube link]

I’ve never contributed to a Republican presidential candidate (only congressional candidates, and those mostly via Club for Growth). But I’d contribute to the Romney campaign if my contribution could be earmarked toward airing that ad on TV.

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Romney at NAACP convention

Posted by Richard on July 11, 2012

Mitt Romney addressed the NAACP convention in Houston today. Every news broadcast in the free world featured the same 15-second clip of him vowing to get rid of Obamacare and the audience booing. Every news story about the speech featured some variation of “Romney booed.”

What most of the MSM aren’t mentioning is that he received applause on a number of occasions and a standing ovation at the end.

I doubt he picked up many votes. But he seems to have picked up quite a bit of respect. He showed up, he talked straight, and he didn’t pander. It was really a pretty strong speech, nicely delivered. If this is characteristic of his speeches, I’ve gotten the wrong impression from the short clips I’ve seen (via the MSM) and the few minutes of primary debates I watched. If this is characteristic, he’s easily a better communicator than the last three four Republican standard-bearers.

Watch the whole thing (25 minutes) here.

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Obama’s “venture capital vampire”

Posted by Richard on May 27, 2012

The Obama campaign continues to hammer Romney for his association with Bain Capital, the private equity firm they portray as a “vampire” that profited from layoffs and plant closures. So Todd Shepherd at Colorado Peak Politics decided to play the ever-popular “sauce for the goose, sauce for the gander” game.

It seems that former Denver mayor Federico Peña, who is again this year (as in 2008) Obama National Campaign Co-chair, is every bit as much a “venture capital vampire” as R0mney. Since 2000, Peña has been a partner in the private equity firm Vestar Capital. Shepherd documented some of the recent Obama campaign contributions of Peña and Vestar managing director James Kelley. Then he highlighted some of Vestar’s layoffs and plant closures at the companies it acquired, like Del Monte Foods and Solo Cup Company.

To his credit, Shepherd pointed out that Vestar Capital isn’t a bunch of “evil corporate raiders.” Neither is Bain Capital. These firms serve a valuable purpose, rescuing ailing companies when they can and redirecting resources to more valued uses when they can’t. Their goal certainly is (and ought to be) to make money. But in the process, they improve the economy and make us all better off.

Inefficient, uncompetitive companies failing and factories shutting down are an essential aspect of economic growth and progress, leading to more wealth and better products, jobs, and living standards for all. If that idea is new or strange to you, read about Joseph Schumpeter’s concept of Creative Destruction.

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Adios, Santorum!

Posted by Richard on April 10, 2012

Rick Santorum has ended his quest for the Republican presidential nomination. Good riddance. Apparently, he was headed for a humiliating defeat in his home state of Pennsylvania. Jennifer Rubin:

The race has been a foregone conclusion for weeks, but Santorum did indicate that the weekend and the illness of his daughter did cause he and his wife to reflect on the race and their responsibility as parents. In defeat he was humble and sincere, and in recapping the race he charted the improbable course of his campaign. For cynics, it was maybe the first speech of his next campaign, an option he leaves open by not fighting to the bitter end and by not making himself a pariah in the race. That he never mentioned Mitt Romney by name or offered congratulations is, well, sadly reflective of a smallness that he revealed from time to time.

Why didn’t he win it? Well, the real question may be how he did so well with virtually no name recognition or money or support at the get go. In part, he won by working his devoted base in Iowa and waiting for others to drop out until he was the the receptacle for the not-Romney voices in the party.

But ultimately his lack of organization, executive prowess (needed to organize a national campaign) and inability to stay on a blue-collar economic message doomed him. He is eloquent but excessively combative. He is well read but condescending toward fellow Americans. He was ultimately his own worst enemy.

Those of us of a libertarian or free-market conservative bent objected to Santorum’s self-described “Big Government conservatism,” history as a spendthrift and pork lover, rabid social conservatism, and comparative disinterest in economic and fiscal matters. In recent weeks, he’s tried to change that, speaking out (sometimes eloquently) more and more about federal spending, regulation, and the financial cliff this country is approaching. But many of us suspected that this was a matter of campaign strategy, not the result of a personal epiphany.

Of course, the same thing could be said about Mitt Romney. Or just about any other prominent politician. Sigh.

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Romney number cruncher thinks it’s all over but the counting

Posted by Richard on March 7, 2012

Hugh Hewitt quoted Romney supporter David Parker as having crunched the numbers and concluded that “there is NO scenario wherein Rick Santorum or Newt Gingrich, or anyone else other than Mitt Romney can accumulate the needed 1,144 delegates; unless of course that Mitt Romney withdraws, which is not likely!” The nut of the argument:

… With proportional allocations and 851 of 2,286 delegates having been through the primary/caucus process; Mitt Romney has won nearly 50% (he has also won 14 of 22 states), Rick Santorum has won about 19% and Gingrich has won about 12%. From another vantage point, Mitt has to win approximately 50% of the remaining delegates, Santorum and Gingrich have to win approximately 70% and 73%, respectively. …

Those numbers, if correct, don’t quite mathematically eliminate Santorum and Gingrich, but they sure make Romney’s eventual victory highly likely.

I suppose I’m OK with that. I’ve expressed before my strong dislike for Santorum’s big-government social conservatism. And Gingrich strikes me as narcissistic, unpredictable, and too clever by half (as demonstrated by his partnering with Nancy Pelosi on the issue of “climate change,” for instance).

Ideally, I’d like to see the Republicans nominate someone with a Reaganesque vision of a brighter future, not just a competent executive to “manage the decline,” in Gingrich’s memorable phrase. But, like many people today (most, I hope), I’ll settle for someone who can defeat Obama — and who’ll hopefully have a majority in both houses of Congress, where people like Rand Paul, Jim DeMint, Marco Rubio, and Paul Ryan can provide the vision.

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Anti-capitalist conservatives

Posted by Richard on January 10, 2012

Yesterday, I mentioned in passing the leftist-sounding attacks on Romney by Gingrich and Perry. Bobby Eberle has much more:

In their quest for the Republican nomination, it seems these “conservatives” will embrace any idea in order to attack another candidate. The latest is an assault on capitalism… yes, capitalism! What’s next? Supporting higher taxes and bigger government?

As noted in a story on CNSNews.com, GOP presidential front-runner Mitt Romney is under attack by his fellow opponents, namely Newt Gingrich and Rick Perry. Why, you ask? Because Romney ran Bain Capital, which would restructure and reorganize companies in order to make them profitable. In doing so, everything that would be involved in saving a company was on the table: selling assets, trimming work staff, modernizing… you name it.

Oh the horror of it all! Gingrich and Perry are blasting Romney for not relying on the government, not going for corporate bailouts, but rather, for handling corporate woes in the private sector.

In National Review, Jay Nordlinger writes, “The last two presidential election cycles have revealed a stinking hypocrisy in conservatives: They profess their love of capitalism and entrepreneurship, but when offered a real capitalist and entrepreneur, they go, ‘Eek, a mouse!’ And they tear him down in proud social-democrat fashion.”

I’m not writing this column as a Romney supporter. I too would prefer someone more conservative. But in this race, the so-called conservatives are sure NOT sounding conservative to me. They are blasting Romney for engaging in capitalism. They are hounding him for turning companies around. That was his job, and apparently, he was good at it.

I said there’s no Reagan in this Republican field and no clearly best choice. The “conservative alternatives to Romney” have been making themselves less and less palatable to me.

Ron Paul is great on economic and fiscal issues and on the size and scope of the federal government, but he has some serious flaws: (1) that unfortunate association with the Lew Rockwell paleo-libertarians, (2) flirtations with 9/11 Trutherism and Bilderberger/CFR conspiracy theories, and (3) a dangerously mistaken and ignorant view of the Islamofascists.

I hate to say it, but Romney is beginning to look like the best (or least bad) that the GOP can offer this year.

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Romney was looking better, briefly

Posted by Richard on January 4, 2012

When Rick Santorum surged into a virtual tie with Mitt Romney in Iowa, I actually started to warm up to Romney. I’d certainly prefer him to Santorum, a rabid social conservative who makes Michele Bachmann look like a libertarian.

But then John McCain endorsed Romney. I heard Rush Limbaugh say on his show today that if he were running for the Republican nomination, the last thing he’d want is McCain’s endorsement. I’m with him on that.

Ah, well, I’m still a registered Libertarian, not about to change, and thus just observing these bumbling Republicans from the sidelines. But I sure hope they get their act together and choose someone who can oust Obama, someone who knows how to defeat a failed socialist president.

So how do you defeat a Democrat who’s moved the country sharply to the left, greatly grown the government, wrecked the economy, and then blamed the resulting mess on the American people? There’s a blueprint, a proven successful strategy. And it doesn’t involve moving to the center or worrying about whether you’ll drive away the moderates and independents. It’s the Reagan campaign in 1980. Morning in America, dude.

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A real fright

Posted by Richard on November 1, 2007

Mitt Romney came up with a great line this morning. Laura Ingraham asked him if he was going to dress up as Sandy Berger for Halloween and steal candy from the other kids. Romney replied (I'm relying on memory, but it's close), "No, I'm going to put on a Jimmy Carter mask. I want to remind the American people what happens when they put a leftist Democrat in the Oval Office."

<rimshot /> 

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Romney for Prez? No, thanks!

Posted by Richard on April 9, 2006

Mitt Romney is the kind of Republican that has some appeal for someone like me. He’s pro-choice and not a social conservative, and he’s got an image (because of the Salt Lake City Winter Olympics, I suppose) of being a savvy businessman and a pro-growth, market-lovin’ kinda guy. What Virginia Postrel calls a dynamist.

Well, this NewsMax story suggests that the image and reality may not match:

In what could be a blow to Massachusetts Republican Gov. Mitt Romney’s presidential aspirations, two Democratic White House hopefuls have offered preliminary endorsements for his health care plan, which would force small businesses to offer health insurance to all uninsured employees.

"To come up with a bipartisan plan in this polarized environment is commendable," Sen. Hillary Clinton told the Associated Press on Thursday.

The Romney plan, which has already been passed by the Massachusetts legislature and is waiting the governor’s signature, mimics in some ways Mrs. Clinton’s own Hillarycare proposal, which crashed and burned in 1994 with disastrous political consequences.

OK, I’m already scratching him off my list. But wait — there’s more:

In another sign of trouble for Romney, Hillary isn’t the only Democratic presidential aspirant singing his plan’s praises.

"I like this health care bill that’s passed," Sen. John Kerry told radio host Don Imus Friday morning. "I think it’s terrific. Massachusetts has set a good course on that and I give everybody involved in that credit."

That tears it. As far as I’m concerned, any Republican whose health care plan is so "bipartisan" that it’s praised by both Hillary Clinton and John Effin’ Kerry has disqualified himself from any position with more responsibility and prestige than columnist at the Huffington Post.

Funniest — and truest — take on bipartisanship I ever saw was in a post by Walter In Denver:

"IN AMERICA, WE have a two-party system," a Republican congressional staffer is supposed to have told a visiting group of Russian legislators some years ago.
"There is the stupid party. And there is the evil party. I am proud to be a member of the stupid party."

He added: "Periodically, the two parties get together and do something that is both stupid and evil. This is called-bipartisanship."

from a Peter Brimelow column, via David Friedman

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