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January 10, 2012

Romney Wins New Hampshire, Looks Like Those Class Warfare Attacks Didn't Work

Via Yahoo News the AP has former Massachusetts governor Mitt Romney winning big:

MANCHESTER, N.H.--Mitt Romney won the New Hampshire primary Tuesday, the second state in a row he has carried in his campaign for the 2012 Republican presidential nomination.

Romney is the first Republican, not including incumbent presidents, to win both the Iowa caucuses and the New Hampshire primary since Iowa Republicans began holding their first-in-the-nation caucuses in 1976.

Ron Paul is expected to come in second; Jon Huntsman will take third.

(Updated) The final results are:

39.4% Romney
22.9% Paul
16.8% Huntsman
9.4% Gingrich
9.3% Santorum
0.7% Perry

Paul has a built-in base and ceiling so in a way he doesn't count. What's revealing, then, is how strong Romney is and how weak Gingrich and Santorum are. If Romney can do well in South Carolina he's on his way to the nomination, if not it'll be a long process.

But either way those class warfare attacks by his fellow Republicans aren't taking hold. Thankfully

A Quick Mitt Bio

via Wikipedia. I think I have this right but if you see an error let me know please

  • 1947 born in Detroit Michigan
  • 1965 est. Started dating future wife Ann Davies as senior in High School
  • 1966 - 1969 Mormon missionary in France
  • 1969 married Ann
  • 1971 undergraduate degree from Brigham Young University
  • 1975 MBA from Harvard Law School
  • 1976 Boston Consulting Group
  • 1977 Bain & Company
  • 1978 made Vice President
  • 1984 co-founded spin-off Bain Capital
  • 1990 returned to Bain & Company as CEO
  • 1994 US Senate campaign against incumbent Ted Kennedy, lost 58 - 41 percent, Kennedy's narrowest victory in his eight campaigns. Romney stepped down from Bain to run.
  • 1995 - 2002 Bain & Company
  • 2002 CEO of Salt Lake Organizing Committee for the Winter Olympics
  • 2003 - 2007 Governor of Massachusetts
  • 2008 ran for president in the Republican primary
  • 2012 running for president in the Republican primary

Whatever you want to say about his position on the issues, a few things are clear

  1. He is not a career politician
  2. He has more business experience than the rest of the field, and Barack Obama and Joe Biden, combined
  3. He is no inside-the-beltway type

So What's the Fuss About?

From the Washington Times:

Former House Speaker Newt Gingrich and Texas Gov. Rick Perry criticized Mr. Romney for his work at the helm of Bain Capital, where he gives himself credit for creating at least 100,000 jobs. Opponents of the former Massachusetts governor argue that he specialized instead in takeovers and layoffs.

"It is the ultimate insult for Mitt Romney to say he feels your pain when he caused it," said Mr. Perry, campaigning in Anderson, S.C.

Mr. Gingrich said on NBC's "Today" show, "At some point, Gov. Romney has to hold a news conference and walk through in detail some of the companies that Bain took over where they apparently looted the companies, left people unemployed and walked off with millions of dollars.

I expect this nonsense from Democrats. That it's coming from Republicans is shocking.

Everyone knows Perry's a dope. Gingrich, however, is supposed to be Mr Genius (at least according to my friends who support him). And this is his line of attack?

What gets me is that there are many legitimate things to go after Romney on. Romneycare is just about the same as Obamacare. His flips on the social issues are disturbing. And then there's the worry that he won't hit Obama hard but will be Mr Nice Guy instead.

In a post on NRO a few days ago titled Conservatives vs. Capitalism, Jay Nordlinger alerted me to the controversy a few days ago (I've just been too busy to really follow the news). Nordlinger made a point that now seems obvious but which I hadn't even thought, about, and it is that along among the Republicans running for president, "Romney defends and explains capitalism."

Over and over, Romney defends and explains capitalism. And he's supposed to be the RINO and squish in the race? That's what I read in the conservative blogosphere, every day. What do you have to do to be a "real conservative"? Speak bad English and belch? ...

Now Romney has said, "I like being able to fire people who provide services to me. You know, if someone doesn't give me the good service I need, I want to say, 'You know, I'm going to get someone else to provide that service to me.'" Simple, elementary competition. Capitalism 101. And conservatives go, "Eek, a mouse!"

I could go on: the $10,000 bet, the pink slips, conservatives wetting their pants, over and over. They have no appetite to defend capitalism, to persuade people, to encourage them not to fall for the old socialist and populist crap. I fled the Democratic party many years ago. And one of the reasons was, I couldn't stand the class resentment, the envy, the hostility to wealth, the cries of "Richie Rich!" And I hear them from conservatives, at least when Romney is running.

Go ahead, have your "bloodbath" in South Carolina. Make Romney the little guy in the top hat and tails, from the Monopoly game. Have your Santorum, your Perry, your Newt. They may carry something like four states in the fall, but at least they've never sullied their hands with -- eek! -- business.

Perhaps after the election, while Obama is deepening the country's poverty, Romney and others like him can find a party friendly to capitalism. We conservative Republicans turn out to be cradle-to-gravers, like everyone else.

Ditto that.

I've been laid off, and it stinks. But the fastest way to permanent economic recession is to prevent business from making itself efficient through reallocation of resources... a fancy way to say "lay people off.

Huntsman, Perry, and Gingrich are making fools of themselves. None of them have any significant time in the private sector, so what do they know about running a profitable business? Answer as has been revealed by their words; almost nothing.

Romney's words were probably poorly chosen, and that is a lesson for him the general election, should he win the nomination. Saying the right thing the wrong way is just as bad, if not worse, than saying the wrong thing the right way. You can turn people off and lose an election with one poorly chosen sentence or phrase.

That said, as the editors of National Review point out, as painful as it is to "reorganize" a company, in the end everyone is better off, including the people let go. Having been there myself, you're better off being let go from a company that is going downhill or where your skills don't match and taking a hit for awhile to end up better off. As the editors point out,

As you can imagine, companies that are buyout targets often are in very poor shape, and reviving them is no small thing. Many of them go into bankruptcy. Product lines are discontinued, retail locations are closed, assets are sold off, and, almost inevitably, jobs are lost. Some never recover. When the restructuring is successful, reinvigorated firms expand, add locations, develop new products, and create jobs. That is the creative destruction of capitalism. Staples has 2,000 stores instead of one store because of a Bain investment. And, as Herman Cain is well-positioned to appreciate, Burger King was severely underperforming when Bain and a group of franchise owners acquired it from corporate parent Diageo in 2002. The restructured burger chain, which went public a few years back, is now valued at more than $3 billion. Household names from Dunkin' Donuts to Guitar Center have been among Bain's projects.

It's shameful enough that Obama and company are going to to play the class (and race) card against Romney. We don't need it from fellow Republicans.


The Weekly Standard has the definitive breakdown of the results by demographic, political affiliation, and more. Follow the link for the details, but here is the bottom line:

We have heard a lot over the last couple months about the anti-Romney sentiment in the Republican party. However, this statistic suggests that, in New Hampshire at any rate, Romney is the only candidate with whom a majority of the party is satisfied. The rest of the candidates seem to have alienated more than half of the GOP.

That is Romney's biggest advantage, far and away.

Posted by Tom at January 10, 2012 9:00 PM

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If Romney can do well in South Carolina he's on his way to the nomination

... and we're on to four more years of Obama.

Arm yourself.


Posted by: RightWingRocker at January 12, 2012 1:24 PM

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