“He inherited his businesses; he didn’t create it”?
How is that different from saying “You didn’t build that”? Why isn't the GOP ripping Romney?
How is that different from saying “You didn’t build that”? Why isn't the GOP ripping Romney?
How did Romney get away with saying:
- Thread starter tarheelbybirth
- Start date
There are fundamental differences. "You didn't build that" was giving credit to the nation for the business -- the business itself relied on roads, infrastructure, etc. Romney is directly saying that Trump inherited a successful business. There's no shame in that, but inheriting success is not the same as starting out of your garage and becoming a billionaire.
So...kinda like Romney being sent to an exclusive boy's school, given all the advantages of being the son of a Detroit auto exec, etc. If there's no shame in what Trump did...why did Romney mention it like it was an issue? Does the GOP now oppose inherited wealth and privilege?
From the linked article:
MARCO RUBIO dismissed Trump's business record, saying he "inherited over $100 million."
THE FACTS: That's hard to pin down. Trump's father, Fred Trump, died in 1999, and left behind an estate publicly estimated at between $200 million to $250 million. But no firm numbers are available — and the estate was to be split among Trump and two of his siblings.
If Rubio's estimate is high, however, Trump's insistence that he only received a "small loan" from his father is even harder to justify. Fred Trump not only gave his son an initial stake, but also guaranteed loans on the Grand Hyatt project that first made Trump's name. Fred Trump also let his son borrow against his future inheritance — and, in 1991, one of Trump's casinos admitted it had broken New Jersey law by accepting an illicit $3.5 million loan from Fred Trump.
http://www.syracuse.com/politics/in...mps_inheritance_health_care_911_and_more.html
MARCO RUBIO dismissed Trump's business record, saying he "inherited over $100 million."
THE FACTS: That's hard to pin down. Trump's father, Fred Trump, died in 1999, and left behind an estate publicly estimated at between $200 million to $250 million. But no firm numbers are available — and the estate was to be split among Trump and two of his siblings.
If Rubio's estimate is high, however, Trump's insistence that he only received a "small loan" from his father is even harder to justify. Fred Trump not only gave his son an initial stake, but also guaranteed loans on the Grand Hyatt project that first made Trump's name. Fred Trump also let his son borrow against his future inheritance — and, in 1991, one of Trump's casinos admitted it had broken New Jersey law by accepting an illicit $3.5 million loan from Fred Trump.
http://www.syracuse.com/politics/in...mps_inheritance_health_care_911_and_more.html
Obama is part of the establishment, but he didn't get away with it. Maybe only the R establishment is a problem.
Dont you get it by now? There is no gop, jeez, how many times do we need to explain it? Romney is a left commie. Obama is a left commie. They say the same crap. They bomb the same people. They tookover the same people.we are doomed by them
the establishment is a bunch of perverted eyes wide shut freaks, obama and romney belong to the same party. Im starting to think they have actually instructed trump to take a dive for them
ok, we are either fine, or doomed, but not the state in which they descibe us, a state which is a constant state of war
Really seems you ought to be for a guy like Bernie over Trump if you are trying to prevent total war. But if you think it's all rigged why waste time on Trump? Just get high and enjoy life. It's weird that you are both motivated and fatalistic. Are you a Calvinist?
Lots of reasons to rap Mitt, lots of examples of hypocrisy. This obviously isn't one of them, as I suspect became obvious to you shortly after you typed it.
Actually, no it didn't. I did, however, fully expect the apologists to pile on. And you're right on cue.
Except, Trump inherited an actual business that his father started.
Romney didn't go into the auto industry like his dad, he built his own venture capital business.
Comparison FAILS.
Romney didn't go into the auto industry like his dad, he built his own venture capital business.
Comparison FAILS.
LOL...so there was no benefit to Romney from being the son of a wealthy auto exec? Yep..that plays. And that still avoids the problem of Romney deriding the fact that Trump inherited anything. Since when does the GOP not support inherited wealth and privilege?
The GOP supports people utilizing whatever assets that are available to them to become successful and happy.
The DEMS support government taking from successful people to make unsuccessful people happy.
No he didn't, he was an employee at Bain Capital. That's why Romney isn't a billionaire.
Not exactly. Bain capital was established by Romney and Bill Bain, who headed Bain consulting. Not quite sure what the equity arrangement was but Mitt was clearly more than an "employee".
Maybe one reason why Mitt is not a Billionaire is that he gave his entire inheritance to BYU, which founded their school of public admin.
Because Obama's premise of the statement is that one cannot create a business without government help.
I believe this is true.
He gave his inheritance away then made a fortune on his own.
This is because there are many more unsuccessful people and it's easy to buy their votes.
It's called principled politics
Well, the GOP dies support doing things the old fashioned way...and what is more American/Old fashioned than "inheriting" the wealth of your parents?
OK, so I gave you too much credit. I mistakenly thought you were aware of what Obama said and why it offended so many people.
My bad. Won't happen again.
I doubt that. And I know exactly what Obama was saying. No one builds a business in a vacuum. That "so many people" were offended by it speaks to intellect of the same electorate supporting Donald Trump.
So you've got that going for you.
If you look at the entire context of the Obama speech in question, you see that he makes a valid point. Republicans refuse to do that and look at one sentence. You were a journalist, do you believe in using correct context?
"There are a lot of wealthy, successful Americans who agree with me – because they want to give something back. They know they didn't – look, if you've been successful, you didn't get there on your own. You didn't get there on your own. I'm always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something – there are a whole bunch of hardworking people out there. (Applause.)
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business – you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.
The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. There are some things, just like fighting fires, we don't do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.[18]"
Sorry, even in context, Obama is a pompous ass and his comment was an insult to anyone who has put everything on the line to start and grow a business.
But what he said, taken in context, is true, at least for the huge majority of successful people. They always needed help at some point. That is the point of that speech. Remember it was in response to claims that the wealthy were paying too much in taxes. His point is that the wealthy nearly always had help and that taxes serve as a helper to others.
There is a valid question about it being bad policy. Perhaps you don't believe that government has a role in anti poverty measures, however what he said is accurate.
No. It. Is. Not.
Not accurate at all. EVERYBODY gets some "help" but only some of us manage to build thriving businesses (which "help" people by providing jobs and products/services that consumers want).
Taxes don't freaking "help" anybody. It's a means of equitably sharing the cost of government. Using it for the purposes of income redistribution is pure crap (and an inefficient way of "helping" people as well).
I know exactly what he said, and exactly what he meant, in context. And it bears no resemblance whatever to the point Romney was trying to make (which I don't necessarily agree with.)
Nobody would deny that a successful business depends upon things other than the work and intelligence of one person. That's a classic Obama straw man. And for God's sake, the "personal fire department" crap has been too old for anybody to use for decades.
What Obama was doing was denigrating personal achievement, and it wasn't by accident. If nobody earns anything more than anybody else, then nobody deserves to have anything more than anybody else. He was saying that a person with the same education LC received, and the same benefits, who achieved more in his chosen career than LC, didn't deserve to enjoy more success than LC. Which LC knows is total bullshit, but it's Obama's view of the world. It's how he justifies government as the great distributor of assets and services and luxuries.
If Obama was actually saying what his apologists claim he was saying, he could have done so very, very, VERY easily. Instead of saying "you didn't built that," he would have said "you didn't build that alone." Instead of saying "somebody else made that happen," he would have said "somebody helped you make that happen."
But he didn't say that because he didn't MEAN that. What he meant was "You didn't built that, so you aren't entitled to keep it."
I think it's odd that Romney still refuses to criticize Trump for his birtherism against Obama. You see that again in the big CNN interview Romney did with Gloria Borger. He was given multiple chances, and Borger pressed him hard about it certainly being offensive to President Obama, and Romney demurred and acted like Trump's birtherism was an innocent sideshow. I don't get how Romney does multiple interviews where he tees off on Trump for his reprehensible statements, yet refuses to criticize him for the birtherism which is where the path to the Racist Right began.
Wow. You got all of that out of a couple of paragraphs. President Obama hates everyone that succeeds to a certain level and believes in a society of means.
That is what pisses the left off, he gave it away before they could take it away and flog their dolphin at him while taking it.
I can read. I can think. I am not an idiot. So, yes, I understood what the president was trying to communicate. And so did most other Americans, at least those who can read and think.
This is hardly unique to Obama. It's what most liberals believe. I recall Dick Gephardt's famous line about successful people being "those who won life's lottery." Same idea.
You are on a roll with the dumb comments. You can't even get to work without taxes. Maybe you need a vacation.
Unless you take one in your basement, you'll need taxes for that as well.
See? You DID get what he was saying.
Then you go off on the rail of what you WANTED him to say to fit your agenda. You should avoid doing that. Makes you sound like an idiot.
