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Romney says liberals think profits are wrong

By Michael O'Brien - 09/19/09 09:37 AM ET

Liberals in the U.S. believe that profitability is wrong, former Massachusetts Gov. Mitt Romney (R) asserted Friday afternoon.

In a bit of a bizarre claim, Romney argued that liberals truly believe that a government-run economy should replace any private economy.

"The liberals, in their heart believe that the private enterprise system -- profitability, for instance -- that those things are inefficient and wrong, and that a government-run system would be better," Romney said in an interview on the Fox Business Network.

Romney, who made millions as a director of Bain Capital before entering politics, rejected limits on executive compensation as an infringement on freedom.

"No one wants to see excessive pay. But this is a free country," he said. "It's simply wrong to think that government knows better."

Source:
http://thehill.com/blogs/blog-briefing-room/news/59453-romney-says-liberals-think-profits-are-wrong
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Comments (39)

Romney IS bizarre, so Romney making bizarre claims would fit who Romney is. Other Romney bizarre claims, he stepped down from his last presidential campaign so he would not be assisting the terrorists. —- Now, that is a bizarre claim ! Romney's other bizarre claim "My sons are serving the country by serving me" helping Mitt become president. —- real weird —- did anyone check how much the Romney sons were paid for their "service" to this nation, while they were serving their father, instead of military duty? ———- ——— Now Romney DOES believe in making profits, that is no lie, and Mitt believes in shipping jobs overseas. —— here is some of Mitt profits ————- In 1992, Mitt Romney was running Bain Capital, a private equity firm. Bain Capital bought American Pad Paper Co. (Ampad) for $5 million."Over the next several years Romney's firm bled the company dry. Hundreds of workers lost their jobs. Stockholders were left with worthless shares. Creditors and vendors were paid less than 50 cents on the dollar. While they were exploiting the company, Romney's firm charged Ampad millions of dollars in "management fees."Not the only profits Mitt believes in making either.BY Ellen on 09/19/2009 at 13:52
Mitt Romney's statement seems the likely product of dimwitted political strategists who, again, play right into the hands of liberals. Liberal politicians depend very heavily on the wealthy elite to fund their campaigns, as well as organized labor. For example, liberals in Congress seemed in a panic over the stock market decline, and demanded short sale prohibitions etc., because they implicitly understood the impact of the stock market decline on their wealthy campaign contributors.However liberal politicians tend to forget those voters who can’t come up with the hefty minimum contribution necessary to attend their fundraisers, and it’s among those voters that astute Republicans have made political gains. Obama seems to understand that problem better than most and pushed heavily for more federal funding to help those with less financial resources. Also if Romney is serious about running for the Presidency, perhaps he needs to hire political strategists who implicitly understand that he's up against liberals who in some cases are more astute business-wise than he is.BY Chris Baker on 09/19/2009 at 15:56
Romney has gone nuts.BY myth on 09/19/2009 at 19:13
wrong Mitt. Liberals are all for profits only as long as it is going into their own prockets. They are against profits for anyone else but them. Liberals are just as materialistic as everyone but only as far as their own self is concerned. They are allowed to be materialistic and keep their own money. YOU and every other person in the country however, are notBY Tom K. on 09/19/2009 at 19:13
Private enterprise produces wealth, not the government.BY Jal Arky on 09/19/2009 at 19:16
"In a bit of a bizarre claim, Romney argued that liberals truly believe that a government-run economy should replace any private economy."What's the bizarre part of that claim? Making a profit is always shown as the first "bad action" of anyone the liberals choose to go after. These profits are always shown as wrong, inappropriate, and often deserving of being confiscated in full by the liberals to "stop this action".I'm not seeing how making this statement is "bizarre"; given the number of actions of liberals slamming any and all "profits" as part of their attacks on various business segments. Is there proof otherwise?Have the liberals done anything to make it easier to start or run a business in the US, or to make it easier to make a profit? Anything that could be considered "pro-profit" as it were? I'm having trouble coming up with anything recent that would help disprove this "bizarre claim"…BY gekkobear on 09/19/2009 at 19:18
Like obama told joe the plumber, bureaucrats need to multiply, be paid, run programs, and give a cut to ACORN tax preparation offices who will also sign up fresh, young…voters then spread what's left around to those waiting in line for rationed energy/health care/green jobs/mortgages 'cause when big gov decides(after trial lawyers give them ok) its fair, ok? Just ask maxine waters. Find out how much lib programs are going to cost us this week. My only worry is libs will invent a way to take more than we actually own. I'm sure joe the plumber believes big gov needs to have more access to our private health information. As long as you don't ask the wrong questions. I mean, just look at social security, medicare, va hospitals, amtrak, post office, your health and lives will be in the very best of hands as our economy becomes richer with more debt (utube pete stark).Mitt looks like a genius next to these guys.BY frankg on 09/19/2009 at 19:27
Did anyone see Michael Moore's new movie yet? All the cool people say it's really, really good.BY Bob Williams on 09/19/2009 at 19:30
Re: Ellen"did anyone check how much the Romney sons were paid for their "service" to this nation, while they were serving their father?"—-This quote would reflect perfectly what Romney is saying. Apparently you think it is wrong for people to get paid for their services (ie their campaign services). That's just what Romney was saying—that some people think getting paid is wrong.BY Mitch on 09/19/2009 at 19:31
Why would you call that claim bizarre? Given that the current President is at least liberal, and given that incentives for productivity generally lead to profitability, and also given that the current President has gone to great lengths to convince America that paying incentives, even those earned and guaranteed by contract is wrong, and should be punished, I'd say Mitt has a point.Just one question for ELLEN, how much did the guaranteed investors in GM and Chrysler get when the President "brokered" their restructuring? 50 cents on a dollar? Not even close. Call it 10.BY applebutter on 09/19/2009 at 19:32

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