DC Al Fine
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Posts: 14,080
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« on: October 10, 2012, 10:44:05 AM » |
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The overwhelming vast majority of people who are born in families with a networth of around 1-5 million or so do not accumulate $250 million. Regardless of your snide political opinions - both Romney and Obama are remarkable men.
George Romney was worth more than $5 million in today's dollars. I honestly have no idea what he was worth. He took $1 for his salary when he took over a struggling AMC Mitt was born with a silver spoon in his mouth, there is no denying that. actually there is, neither of us know the exact experience of his childhood. George was probably tougher than my working class dad, which completely unravels your argument. Also, my connections from caddying at the country club made me better 'connected' than the kids who were members. He had significant advantages that President Obama and 98% of all Americans did not. Like what? Nobody bought a house for Mitt Romney, Tony Resko did for Obama = significant advantage Obama I don't care if Mitt donated all his inheritance to BYU; he had already gotten the leg-up due to his father's connections how? Mitt's dad made companies Mitt invested in grow magically? George had some unknown political power in Massachusetts years after he left politics? well before he died. Mitt had ran Bain Capital for 10 years before his father's death. You must be talking about the occasional dinner George would treat Mitt's young family to
George Romney also built his wealth honorably, by being the President of a company that produced a product of value for customers and hired several hundred thousand middle class workers. Mitt Romney, on the other hand, built his wealth through Wall-Street overleveraging that built value for the select few, while leaving desolate communities to pick up the tab.
Right, George was honorable by running (and saving) a company that made a product and Mitt wasn't honorable by running (and saving) and investing in many companies that made many products, wait.
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