‘Real News From The Blaze’: Romney Stands Behind Business Experience in New Op-Ed
- Posted on August 24, 2012 at 7:21pm by
Christopher Santarelli
- Print »
- Email »
Mitt Romney penned an editorial released with The Wall Street Journal Friday regarding his much discussed record at Bain Capital, arguing that his business experience has taught him how to handle and take on problems when they arrise, and not allow them to fester.
The lessons I learned over my 15 years at Bain Capital were valuable in helping me turn around the 2002 Winter Olympics in Salt Lake City. They also helped me as governor of Massachusetts to turn a budget deficit into a surplus and reduce our unemployment rate to 4.7%. The lessons from that time would help me as president to fix our economy, create jobs and get things done in Washington.
Supporters frustrated with the Republican presidential candidate may argue that describing an accurate depiction of his time and success at Bain is something that he has not done soon enough to address the problem of frequent, inaccurate, attacks from his opponents regarding Romney’s time at the private equity firm.
A broad message emerges from my Bain Capital days: A good idea is not enough for a business to succeed. It requires a talented team, a good business plan and capital to execute it.
In the op-ed Romney calls attention to companies he helped start or turn around at Bain, like Staples, Bright Horizons child-care provider, Brookstone and contact-lens maker Wesley Jessen. The piece puts focus on lessons he learned in business regarding the importance of innovation for U.S. manufacturing, and leveling the playing field in international trade.
While Romney contrasts details of his business leadership to the failings of President Obama during his first term, he doesn’t mention companies like GST Steel that have been featured prominently in Democratic attack ads.
The “Real News” panel Friday discussed the op-ed, the facts about Romney’s Bain past, how his experience would help him handle the job as president, and if more details on his time there will help Romney and his campaign.
Comments (22)
Sign In To Post Comments! Sign In
Popular Stories
Paper Details Obama Admin’s Alleged Secret Note Sent to Iran: If Israel Attacks, We Won’t Get Involved 579 Comments
‘Made Up Religion’: TV Historian Enrages Muslims, Receives Threats After Producing UK Documentary Questioning Islam’s Beginnings 406 Comments
This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 405 Comments
Roseanne Barr: Most Billionaires ‘Violent Pedophiles’ & ‘Heartless’ Cocaine Addicts 372 Comments
President Obama Issues Major ‘Green Energy’ Executive Order 356 Comments
Faith
- This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 405 Comments
Pakistani Muslim Cleric Accused of Framing Disabled Christian Girl in Koran-Burning Case Read More- ‘Made Up Religion’: TV Historian Enrages Muslims, Receives Threats After Producing UK Documentary Questioning Islam’s Beginnings 406 Comments
Meet the Controversial German Imam Accused of Brutally Beating His Wife & Pushing Sharia Law Read More
‘Self-Proclaimed Messiah’ & Unification Church Leader the Rev. Sun Myung Moon Has Died — Here’s His Life Story Read More
Business
- President Obama Issues Major ‘Green Energy’ Executive Order 356 Comments
- Germany’s Upcoming Court Ruling Will be Huge for the EU Read More
Ford Looks to Beat Toyota for Best-Selling Car in 2012 With This Model 150 Comments
Bernanke & QE3: Here’s What You Need to Know Read More- ‘Extortion’: Why Did the Labor Department ‘Drop the Hammer’ on Oregon Farmers? 302 Comments
Technology
- This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 405 Comments
‘TaserDrone’: Hackers Weaponize Quadcopter With Actual ‘Shocking’ Technology Read More
Ever Heard of the Wild ‘Burning Man’ Festival in the Middle of the Nev. Desert? Here’s Your Primer Read More
Stanford Develops Technology ‘Better Than Steroids’ for Athlete Recovery Read More
Have You Pretended to Know What ‘the Cloud’ Is? You’re Not Alone Read More
Submitting your tip... please wait!
NativeCollector
Posted on August 26, 2012 at 5:53pmGreat list of what Republicans say they will cut, and Romney/Ryan are on track to do it – http://fundamentalrefounding.ning.com/forum/topics/what-republicans-want-to-cut I don’t know about the validity of the list, and I think I saw it in an email a while back. Someone listed it there, and it is certainly a start!
Report Post »DarkJello
Posted on August 24, 2012 at 11:55pmI have noticed that “angry” people are too emotional.
Sure, the dude/chick is clever… most of us are focused on real answers.
Worrying about whether 2 dudes can get married vs a civil union has zero impact on the overall success of the country. Zilch!! Marriage is not a right. Keep focusing on 2nd and 3rd tier issues if you prefer, just know that they are wants and luxuries NOT needs.
Report Post »libertylover55
Posted on August 24, 2012 at 10:27pmJust: Romney has stated that he will cut the red tape for businesses, lower taxes, allow drilling on government property, allow offshore drilling, to get jobs created and people working; which will turn the economy around. He will shrink the size of the government and return more power to the states, where it belongs. We need to get our freedoms back and and people back towork ASAP. I don’t think you really want answers. I think you want to just be angry.
Report Post »soybomb315_II
Posted on August 24, 2012 at 8:39pmI still dont see how the Bain Capital stuff is going to translate to Washington. For instance, private business is all about growth – but we need the federal govenment to SHRINK.
Report Post »ExTex
Posted on August 24, 2012 at 9:39pmBain takes a struggling business and turns it around…Romeny takes a struggling economy and turns it around.
Understanding what it takes to make a business successful is understanding what a business needs from it’s government to make it successful. And that is lower taxes and less regulation.
Report Post »2MINUTESTOMIDNIGHT
Posted on August 24, 2012 at 7:53pmExtremely successful businessman and leader with exceptional experience in the private sector as well as in government versus an academic dolt who has sealed his academic record in shame, never held a job or achieved any worthwhile accomplishment in any political office and whose ongoing record is a repulsive joke.
Report Post »Romney needs to emphasize his accomplishments and show the American voter the VAST difference between someone who has worked hard and produced versus someone whose sole intent is to take from those who work hard and produce in order to reward those who want a handout.
Romney is what America is all about. BO is the downfall of America.
justangry
Posted on August 24, 2012 at 8:06pmYeah, neither have qualifications to be the commander in chief. The market is supposed to create jobs, not the president.
Report Post »therealconservative
Posted on August 24, 2012 at 8:11pm@just
So what are the “qualifications to be the commander in chief”?
Report Post »2MINUTESTOMIDNIGHT
Posted on August 24, 2012 at 8:17pmWrong answer Angry. Romney is absolutely qualified. He has proven his qualification with extraordinary success in absolutely everything he has ever done, to wit: success in business, success in government, success in leadership (Olympics), success in family, etc…
Report Post »soybomb315_II
Posted on August 24, 2012 at 8:21pmrespect for individual freedom and the Constitution
Report Post »justangry
Posted on August 24, 2012 at 9:01pm@Real, I’m kind of horsing around. I’d actually prefer the CIC to have served in the military personally. Wouldn’t you? Too many people expect the president to do more than what his job description calls for.
@2minutes, Civil liberties are my primary concern, so I despise Romney as much as Obama and the rest of Washington for that matter. But, I‘m sure he’ll be as sucessful as any other fascist.
Report Post »therealconservative
Posted on August 24, 2012 at 10:23pm@just
” I’d actually prefer the CIC to have served in the military personally. Wouldn’t you? ”
Yes, but then again Carter was in the Navy and look what he did for us.
Report Post »justangry
Posted on August 24, 2012 at 7:47pmWhat good are jobs with no rights? It‘s not the president’s job to create jobs in the first place.
Report Post »bullcrapbuster
Posted on August 24, 2012 at 8:14pmAre you angry because you are stupid?
Report Post »soybomb315_II
Posted on August 24, 2012 at 8:22pm@Just
Report Post »Whats the matter with you – everyone knows jobs come from political parties….sheeeesh
justangry
Posted on August 24, 2012 at 9:02pmNo, I‘m angry because you’re stupid.
Report Post »ExTex
Posted on August 24, 2012 at 9:28pmAngry is clearly a “Paulbot’. I don’t mean that as a pejoritive. Just an identifier. For the most part, being Libertarian is exactly what this country needs to lean more towards. Problem is, they don’t know how to argue their position without alienating themselves from everyone else. Ease up Angry on the name calling and stick to cogent messaging.
Report Post »SPOT_OF_TEA
Posted on August 24, 2012 at 7:33pmWhy won’t Ronmey just say he has always made money for the shareholders he worked for and now as President of the United States,the American people will now be the share holders who will reap the rewards…And this outsourcing claim against Romney…why cant he explain all the stimulus money that went to companies in foreign countries…its frustrating…Hopefully he is saving it for the debates.
Report Post »barber2
Posted on August 24, 2012 at 7:48pmAgree. There is so much economic ignorance in America which is why the young fall prey to the Marxists who fill them with their garbage. Every school child in capitalist America should take a class entitled ” Running Your Own Business.” If kids learned the ins and outs ( taxes, unions, production costs, employee benefits ) of successful “capitalism,” they wouldn’t be Occupying Americans cities with the crazed ” anti-capitalists” who have invaded the Democrat controlled cities from Canada and other international shores.
Report Post »justangry
Posted on August 24, 2012 at 8:01pmWell I’m certainly ignorant. Maybe you can help me out. How can one preserve the curent size of the federal government, expand the military, start a war with Iran, lower taxes for the wealthiest Americans and reduce the deficit? I personally don’t think that is possible, how about you?
Report Post »therealconservative
Posted on August 24, 2012 at 8:25pm@just
“expand the military, start a war with Iran, lower taxes for the wealthiest Americans”
Nice to see you got some of the DNC’s talking points in your post.
Report Post »justangry
Posted on August 24, 2012 at 9:05pmSo, does that mean you don’t have an answer? I thought you knew everything about everything.
Report Post »