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Humility and gratitude? Not Romney’s strong suit - Daily Inter Lake: Opinion

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Humility and gratitude? Not Romney’s strong suit

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Posted: Saturday, September 29, 2012 10:00 pm

A good example of humility and gratitude is demonstrated by the actors and actresses who receive Academy Awards. These celebrities go out of their way to thank all those who made their success possible. The opposite of humility is boastfulness and the opposite of gratitude is arrogance. A good example of boastfulness and arrogance was provided to the recent Republican convention, by the continuous chant of “We built it!”

I would like to look a little deeper into the claim, “we built it,” to demonstrate that this is not accurate. Let’s use Mitt Romney as a starting point. If it is true that Mitt recently gained $24 million in one year, then his income was $100,000 per day for 48 weeks (allowing for a month’s vacation). This comes to about $50,000 before lunch and $50,000 in the afternoon. Let me be clear, I applaud success, but nobody “earns” $100,000 per day by work alone. Nobody! You may “acquire, gain, or accumulate” this amount, but it is only possible because of a well-ordered social and economic system that is being upheld by the citizenry. Mitt’s success would not have been possible if any of the following well-ordered and regulated pillars of our economy were removed: mass communication, electrical grid and energy, educated work force, transportation, banking, financing, and monetary system, law and order, water, sanitation, public works, peace, and others.

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          1 comment:

          • kohana posted at 10:13 pm on Tue, Oct 2, 2012.

            kohana Posts: 2109

            Romney hasn't anything for which to apologize. I would suggest Ms. Elwood you do more research before telling lies about someone. Taxpayers did not help Romney, and spreading malicious gossip from a "Rolling Stone" article isn't very nice.

            http://www.bloomberg.com/news/2012-09-06/romney-s-bain-co-didn-t-get-bailout-reality-check.html

            Romney’s Bain & Co. Didn’t Get Bailout: Reality Check

            The presidential campaigns are making statements about their opponents. Sometimes, they don’t square with the facts.

            The Bain ‘Bailout’

            The Claim: Vice President Joe Biden said Mitt Romney “cost the government and American taxpayers $10 million” when he negotiated with the Federal Deposit Insurance Corp. to reduce an outstanding loan from a failed bank to Bain & Co.

            The Background: Biden was quoting an article in Rolling Stone magazine with the headline, “The Federal Bailout That Saved Mitt Romney.” The article detailed Romney’s efforts in 1990 to save Bain, a consulting firm from which his Bain Capital LLC was a spinoff. He succeeded in getting the FDIC to cut a $38 million loan by $10 million.

            The Facts: Biden’s charge that the restructured loan cost the government and taxpayers is wrong. Although Rolling Stone referred repeatedly to a “bailout,” the article made clear that “taxpayers did not finance” it. While the FDIC is backed by the full faith and credit of the U.S. government, it is funded by assessments from the banks it insures. No federal money was involved in covering losses from a reduced Bain loan. The article said that the FDIC would have passed losses along in the form of higher bank assessments. Biden spokeswoman Amy Dudley said Bain got “a bailout from an agency ultimately backed up by American taxpayers.” The point, though, is that taxpayers didn’t foot the bill.


            http://www.snopes.com/politics/romney/realmitt.asp

            I would suggest you go to the above URL and read about Romney, and when you find out about him, you might want to write another letter to the editor to apologize. Out of many other things he has done is served as Gov of his state for 4 years without a salary from the taxpayers, in addition to donating some 4 million dollars to charities in 2011.