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Fri Apr 27, 2012, 04:18 PM

Romney’s Advice To Students: Borrow Money From Your Parents

By Annie-Rose Strasser on Apr 27, 2012 at 4:08 pm


If you’re young and you want to start your own business, Mitt Romney’s has some advice from you: Borrow money from your parents. At a “lecture” for students at Otterbein University in Ohio today, Mitt Romney told students that, his friend, Jimmy John, started a business by borrowing $20,000 from his parents at a low interest rate. Romney suggested anyone in the audience could do the same:


This kind of devisiveness, this attack of success, is very different than what we’ve seen in our country’s history. We’ve always encouraged young people: Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business.

Watch it:





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Arrow 18 replies Author Time Post
Reply Romney’s Advice To Students: Borrow Money From Your Parents (Original post)
MindMover Apr 2012 OP
drm604 Apr 2012 #1
Proud Liberal Dem Apr 2012 #2
Retrograde Apr 2012 #12
Proud Liberal Dem Apr 2012 #14
Arkana Apr 2012 #3
sinkingfeeling Apr 2012 #4
dballance Apr 2012 #5
hlthe2b Apr 2012 #6
MiniMe Apr 2012 #7
Rex Apr 2012 #8
Thinkingabout Apr 2012 #9
CTyankee Apr 2012 #10
Raven Apr 2012 #11
quaker bill Apr 2012 #13
Daniel537 Apr 2012 #15
and-justice-for-all Apr 2012 #16
renate Apr 2012 #17
SkipWankman May 2012 #18

Response to MindMover (Original post)

Fri Apr 27, 2012, 04:20 PM

1. Holy crap is he clueless.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:29 PM

2. Question:

What happens if the parents don't have the money because they're being forced to work low-wage jobs or, in some cases, multiple low-wage jobs to just keep a roof overhead and food in the pantry (oh, and gas in the car if they need to drive to go to work, etc.)?


Easy to ask parents for college tuition/businesses if you're a member of the Bush (or Romney) families but probably not for many other people.

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Response to Proud Liberal Dem (Reply #2)

Fri Apr 27, 2012, 07:02 PM

12. Then they should have picked their parents better

I'm tired of hearing excuses like "I was just a baby at the time!" or "Wait a minute - you don't get to choose your parents". And don't go whining about how there's no money - do people really need two kidneys? (Do I really have to add the tag?).


I swear it's getting harder to tell Onion news stories from the real thing.

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Response to Retrograde (Reply #12)

Sat Apr 28, 2012, 10:19 AM

14. +1 I know the feeling

*smh*

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:35 PM

3. Wow, why didn't I think of that?

Why didn't I think to go up to my public-school-teacher parents and go "Hey, mom, dad, I want to start a business. You have $20K in spare cash I could borrow?"

What a clueless fucking piece of shit.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:43 PM

4. Bet that speech went over well at Otterbein!

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:46 PM

5. Sorry Mitt but that really is unrealistic

My parents were not rich like your parents Mitt. They were not able to provide me or my three siblings a stock portfolio. But they worked hard to get me a college education. And during college I worked two jobs.

I know about their finances and I can't recall a time they might have had a spare $20,000 to lend me. Hell, there was never even a time they had $20k in the bank.

Are you really that stupid and out of touch with people who are not worth $250 million? And you think we really want to elect someone who's view is so out of touch with the majority of US citizens who average somewhere around $40,000 a year in income? You obviously don't understand how most of us live and how many of us live paycheck to paycheck. So how can we possibly count on you to implement policies that have some empathy for us?

After all, you made many of your millions as a corporate raider buying companies and laying off we common people. It's on tape - you said you liked firing people.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:47 PM

6. Not if those still possessing half a brain show up to the polls

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:53 PM

7. Sorry Mitt, I don't know Jimmy John or his parents

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:56 PM

8. RMoney = NO! BAD DOG! BAD!

nt.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 04:59 PM

9. Mitt explains why he is clueless

He thought the auto industry should lick a finger and hold it in the air and money would roll in. Instead of elevators for his vehicles he needs one to elevate his awareness of the world around him.

I had a republican tell me yesterday if Obama was re-elected gas prices would go over $4, I ask him if he knew what the price was in the summer of 2008 and he thought $2.50, then I told him it was $4.12, of course faux news let him down so I suggested he look it up.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 06:11 PM

10. He should have told them to sell some of their stock, too.

Depending on how much it is worth, that should do nicely.

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Response to MindMover (Original post)

Fri Apr 27, 2012, 06:34 PM

11. "Your Parents" are broke, you asshole. n/t

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Response to MindMover (Original post)

Sat Apr 28, 2012, 07:28 AM

13. Republicans

have made quite sure that most parents don't have 20K to lend. Only the rich think of 20K as chump change that most parents just have laying around. Beyond that, 20K would barely remodel my kitchen. It is not enough to start most businesses.

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Response to MindMover (Original post)

Sat Apr 28, 2012, 03:42 PM

15. Some parents don't even make 20k.

Is he that isolated from the rest of humanity?

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Response to MindMover (Original post)

Sun Apr 29, 2012, 12:29 PM

16. Fuck no should be an option.

What a fucking POS he is, worthless and has no idea what the real world is like. No rich assholes for Prez, EVER.

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Response to MindMover (Original post)

Mon Apr 30, 2012, 04:59 PM

17. I haven't heard anybody from the Obama campaign bring this up

Did they miss it somehow? Or (and this is what I'm hoping for) are they saving this for when the election really gets going?

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Response to MindMover (Original post)

Tue May 8, 2012, 02:13 AM

18. I never knew...

...that someone could be so out of touch with reality as this guy clearly is.
He is effing ridiculous

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