I Would Vote For Governor Romney if he was a Democrat
Can you imagine the following conversation from a Democratic candidate Romney with a hypothetical Republican candidate
“Business in the US needs certainty over healthcare costs. With my RomneyCare program instituted across the country big businesses will no longer have to deal with the variability and uncertainty from state to state in healthcare costs and benefits. They will no longer have to face the uncertainty of state and local politicians pushing their agendas that can create annual changes and huge cost increases at the expense of well negotiated and time tested plans like RomneyCare. Ask my Republican opponent which state , other than Massachusetts has been able to get their Healthcare costs and services under control ? It’s not like they all haven’t been trying. Massachusetts is the only state which has been able to create any level of certainty in healthcare costs and services. Which is exactly what businesses want and why we need RomneyCare as a national program. “
As the head honcho at Bain Capital, a private equity firm, Governor Romney made huge profits by borrowing heavily to acquire companies and then operate them with the goal of getting an operating return on capital or selling the companies for a profit. He turned the art of using leverage into an art form. I should add here that I fully understand that Bain was not and is not a slash and burn Private Equity firm. They put people in their acquired companies to try to improve operations rather than just slash costs. But that is not really the issue here. Governor Romney knows how to invest using debt.
The real issue is that rather than saying that he thinks its a horrible idea for the government to invest in companies and that he would not permit it, I really, really would love to see him take the opposite approach and own and crow about the fact that he is a MASTER of USING DEBT.
