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More Of This Please, Mitt



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From an interview with Mitt Romney in Forbes, these two answers stood out to me as being particularly strong:

When you look at it now, does that photo of you and your Bain colleagues posing with money in your pinstripe suits make you laugh or make you cringe?

Oh, that was a moment of humor as we had just done what we thought was impossible. We had raised $37 million from other people and institutions who entrusted us with their funds, and we thought it was a miracle that our group had been able to be so successful in fundraising. And ultimately we were able to yield for them a very attractive return by such investments as Staples (SPLS), which was in our very first fund.

Good. Romney should confidently focus on the fact that he’s a successful man, and he should certainly not allow the president to vilify him for it. Americans like successful people, and they should admire his record. Moreover, it’s difficult for Romney simultaneously to make the case for free enterprise and to run away from the fact that has benefited so handsomely from it.

On the tax returns:

Let’s frame the issue around your tax returns in a slightly different way. If you’re an investor and you’re looking at a company, and that company says that its great strength is wise management and fiscal know-how, wouldn’t you want to see the previous, say, five years’ worth of its financials? 

I’m not a business. We have a process in this country, which was established by law, which provides for the transparency which candidates are required to meet. I have met with that requirement with full financial disclosure of all my investments, but in addition have provided and will provide a full two years of tax returns. This happens to be exactly the same as with John McCain when he ran for office four years ago. And the Obama team had no difficulty with that circumstance. The difference between then and now is that President Obama has a failed economic record and is trying to find any issue he can to deflect from the failure of his record. Thanks, guys. Goodbye.

Again, good. The Obama campaign is quite determined to make this election about anything other than the Obama campaign and Romney needs to point that out over and over again.

More of this please, Mitt. And for more on this issue, make sure to read Kevin Williamson’s excellent piece, “Like a Boss,” in the latest issue of National Review.



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