The argument that I was an “outsourcer” of jobs by the Obama administration is laughable when one considers the fact that Obama appointed Jeff Immelt, the CEO of General Electric, to his “Jobs Advisory Board,” and then Immelt moved an entire Division of General Electric to China. No hypocrisy there!
I have been criticized for having said that I would have allowed General Motors to file bankrupcy rather than bail them out with taxpayer money. I would have allowed General Motors to go bankrupt because, #1. It would have allowed GM to renegotiate the union contracts with their enormous unfunded liabilities, back to a realistic level. #2 By law, the investors of General Motors should have been paid back BEFORE anyone else. What happened was that these people lost millions of dollars because of Obama’s use of taxpayers money to do an end run around the bankruptcy court and repay his union friends for their political support. By the way, thousands of middle class workers DID lose their jobs because of Obama’s actions. All the people who worked for the dealerships that were closed for questionable reasons were all out of a job, or don’t they count them? Sales people. Secretaries, finance people, mechanics, and prep people just to name a few. You’ll notice that they were never mentioned by the Democrats when they bring this issue up, do they?
When I was at Bain Capital, we succeeded in saving about 70-75% of the companies that we took over, with PRIVATE money. I ask how many of the “green energy” businesses have survived after the hundreds of MILLIONS of dollars of taxpayer money given to them by this current administration? We intend to open up America’s natural resources and make this country as energy-independent as we can and as cheaply as we can to ease the financial burden of the already overstretched middle class.
We also intend to sit down with our Republican leadership in Congress, if elected, change the business landscape of America by overturning loathsome regulations that do nothing but strangle business. We would lower both the corporate and personal income tax rates to encourage investment and help provide a thriving stock market so that retirement is a time to enjoy what you have earned, not have to work until you die.
Obamacare would be repealed and replaced with a plan that is fair to everyone. Not a tax, not a penalty, not a mandate, just a fair plan to reduce the cost of health care and make it available to those who want it.
I will not apologize for the fact that I have been blessed in this life with prosperity and success. I don’t remember anyone slamming the Kennedys for having been wealthy. Their trust sits in an offshore account in Fiji, yet I never heard that being a focal point of any of their campaigns. John Kerry’s wealth didn’t seem to be as much of a problem as mine has become…..I wonder why? Oh, and John Edwards’ wealth didn’t seem to be scrutinized at all in his Presidential bid. Could it be that different standards are applied to Republicans?
The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by WesternJournalism.com.