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Subscribe to RSSConducting his VP search, the Bain way… “A businessman at his core, Mitt Romney was legendary in the private sector for his reliance on reams of information and extensive research to decide which companies to take over,” AP writes. “When interviewing potential employees, he favored question-and-answer sessions designed to make recruits think on their feet and provide clues about how they approached situations… Now, as the Republican presidential candidate weighs a running mate, it's a good bet that he's relying on that same methodical approach and interviewing style that he honed at Bain….”
More: “The hush-hush nature of the search partly reflects how Romney used to do business in his decades in the private sector. Much like when Romney's team investigated a company for a potential takeover, his political aides are trying to be discreet as they cull public records and prepare to start whittling a short list before presenting their boss with a final recommendation for a running mate. The most Romney has said about his search for a No. 2, the biggest decision he'll make before the election: Being prepared to be president is his top criterion. That factor and the methodical selection process run counter to how 2008 GOP nominee John McCain chose the untested Alaska Gov. Sarah Palin as his running mate. Palin was a risky selection that raised questions about McCain's decision-making.”
AYOTTE: “In what may be a surprise vote to conservation groups, U.S. Sen. Kelly Ayotte said yesterday she will vote against a Senate resolution that would prevent the federal government from limiting mercury and other air toxins from power plants,” the Concord Monitor writes. “In doing so, Ayotte will vote against fellow Republicans and find herself in agreement with President Obama, who said Monday he would veto the resolution. The vote is expected today. Guessing Ayotte would vote the other way, the conservation group American Commitment targeted Ayotte and several other lawmakers in a $1 million ad campaign against the measure.”
PAWLENTY: Channeling First Read, Politico writes, “Tim Pawlenty has jumped to the top of the vice presidential shortlist of several Mitt Romney advisers after emerging as the most effective — and well-liked — surrogate for the GOP nominee-to-be, according to several Republicans familiar with campaign deliberations.”
RUBIO: He was on FOX last night talking about the vetting dust up and immigration.
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Mitt 2012!
CitizenBain,
I won't criticize Bain for making money - they did it the legal way. But I will criticize Romney for not owning up to the fact that Bain's objective was always to make as much profit by making short-term decisions that were not always good for the company that Bain "mentored".
Buying a company and then inflating their debt to a point where that company could no longer afford the interest and then dumping the carcass might be a great way to make profit for few but it left many unemployed and broke.
CitizenBain, please tell me why doesn't Romney want to talk about his tenure at Bain, as Gov. of Massachusetts, or as the CEO of the Salt Lake Organizing Committee?
Romney VP vetting process the Bain way -- Hmm, now who could provide the most profit for our investors, the Koch brothers/Big Oil, Sheldon Adelson, Wall Street, etc.?
Portman knows the Bush budget, good. Pawlenty is a "yes man," good. Christie definitely knows crony capitalism, but he has more charisma then me and doesn't play second fiddle...not...
I wouldn't say Romney is a "businessman at his core."
In my life, a businessman is a guy who gets a call at 3:00am that the baker cut his hand and went to the emergency room and the day's bread orders are not done and what should we do?
Romney is a vulture capitalist who takes over businesses other people have built with their blood, sweat and tears.
Bain increased Ampad's debt from $11 million in 1993 to nearly $400 million in less than 6 years, leaving Ampad's comatose body to file for bankruptcy.
While thousands lost jobs and life savings, Bain made hundreds of millions of dollars. It's all about the 98%, huh Mitt?
I would say Paralysis by Analysis,...it's just this 'business' acumen that makes the man the perfect weather vane.
I wonder where the women are that 'made' him the Peter 'Principled' (again with the air quotes) man he is today.
Lord knows he didn't risk his own capital for Bain,...
I wonder about the 3:00 am phone call. Will he convene his council of advisers to analyse alternatives and report back in three hours. In the mean time North Korea has overran South Korea.
Accountants analyse, business leaders lead! They often have to rely on the depth of their decision making experience and basic core beliefs.
Analysis is good and well run businesses hire lots of analysts. But they each have only one leader.
"Guessing Ayotte would vote the other way, the conservation group American Commitment targeted Ayotte and several other lawmakers in a $1 million ad campaign against the measure.”
I have a serious, non-rhetorical question. My question is why does it seem that the Right is almost always AGAINST any measure that is designed to preserve or improve human life--except for abortion which is mostly used as a political football? Even when the evidence is overwhelming and the facts cannot be disputed the GOP will be railing against the measure.
Desperate times require desperate measures?
What's worse is if you buck the party line you get millions spent against you by your own party!! Which makes you wonder if the GOP is really a democratic organization.
smithR
The conservative agenda has been consistent since the mid-1920's. Literal and strict interpretation of the bible, supportive of Jim Crow laws and "separate but equal", a commie or socialist behind every bush, taxation = confiscation, states right to interpret and enforce the Federal Constitution, individual responsibility for education, health care and retirement savings.
I could give you names and dates, but I have already posted that stuff and it seems that nobody really cares. Myself, I find the consistency fascinating even when the South became Republican in response to the Democrats commitment to civil rights.
Wow, Loyaltexan, are you ever reinventing history. Jim Crow laws were all about Southern Democrats.
Southern Democrats were actually DIXIECRATS and they left the Democratic party in droves once the Civil Rights Act passed.
I think they are still pissed off about abolition. But that's just a theory I have.