successful businessman

Home » successful businessman

Paul Ryan

So, Republican nominee (presumptive nominee) Mitt Romney has chosen Paul Ryan, Republican financial guru and Representative from Wisconsin, to be his running mate. I don’t understand.

In the past, a vice presidential candidate was chosen because they were able to bring something to the table that nominee didn’t have. For example, Dick Cheney was the experienced politician who knew the ins and outs of Washington DC. George W. Bush was relatively young and inexperienced; therefore, Dick Cheney made sense to complete the ticket. One of the big knocks on President Barack Obama was that he didn’t have foreign-policy experience. VP Joe Biden had been in the Senate for over two decades and had extensive experience in foreign policy. He made sense. Paul Ryan simply doesn’t make sense.

Mitt Romney has been telling the American people that he should be president because he was a successful businessman who understands the economy. He’s a money guy. This is his selling card. Paul Ryan has had seven terms in the House. He has become the financial guru for the House Republicans. He’s come up with their last two budgets. So, is it logical that if one financial guru is good, two must be better? Really?

When you look at the demographics, the Republicans are in some trouble. This is the whole reason for the voter ID laws, to decrease the number of people (undesirable people, from the Republican point of view) eligible to vote. One would figure the Republican Party would somehow have to reach out to minorities. With Barack Obama in the White House, they have basically written off Blacks. Therefore, they had to appeal to Latinos. I don’t see how Paul Ryan’s going to appeal to Latinos.

Then, of course, there is another large constituency to court – women. Republicans, as a rule, have done everything in their power to alienate all women. So, one would figure that Republicans would do something to try to win over the hearts and minds of at least some women. I don’t see how Paul Ryan does this all.

What does Paul Ryan bring to the table? What group does he solidify? To me, the answer is obvious. Ann Coulter almost had a meltdown on the set of Hannity just the other day. If she represents the conscience of the Republican Party, then the Republican Party is not all that happy with Mitt Romney. So, Mitt Romney had to choose someone who would tell the Republican Party that he’s conservative enough. This is exactly like Mitt Romney going to the NAACP and talking to the conservative base because he didn’t talk to the audience of NAACP members. He continues to try to convince the Republican base that he is one of them. This pick was to try to solidify the Republican base. I also find it interesting that he made the announcement before the convention. Now, the convention has only one purpose, to solidify the base.

By |2012-08-12T20:20:34-04:00August 11th, 2012|Elections|2 Comments

Mitt Romney and Bain Capital

Gov. Mitt Romney, former CEO and founder of Bain Capital, has in essence told us that he is qualified to be president because of his knowledge of the economy and his success as a businessman. Personally, let me say that I have no grudge or animosity towards Mitt Romney, Bain Capital or the fact that Mitt Romney is extremely wealthy. Mitt Romney has proven beyond a shadow of a doubt that he knows how to make money. He and Bain Capital have used every trick in the book in order to make money. They have used the tax system to their advantage. They’ve been able to mark off or depreciate assets in order to make money. They have skeletonized operations and moved some jobs overseas in some companies. None of this is bad if your goal is to make money. Mitt Romney’s job at Bain Capital was not to create jobs in the United States. His job was to make money for himself and his investors. He did that. He should be congratulated.

The problem for Mitt Romney is that some of the techniques that were used at Bain Capital just don’t sit well with voters. Voters love successful businessmen. Voters don’t care so much for businesses that seem to have manipulated the tax code. Voters don’t care so much for businesses that ship jobs overseas in order to make more profit. These are facts. So, what Mitt Romney has tried to do, like all politicians, is to play both sides of the fence. He wants all the notoriety and adulation for being a successful businessman, but does not want to take any of the blame for some of the business techniques that voters don’t like. This is why it becomes critically important to find out when Mitt Romney severed ties with Bain Dapital. Was it in 1999? Or was it some time later?

From MaddowBlog:

In 2002, a Boston Globe article quoted a former Bain Capital executive named Marc B. Wolpow who said Mr. Romney remained in a very active role at Bain Capital while he was supposedly on a leave of absence for his Senate race. Wolpow specifically said of Romney’s role, “I reported directly to Mitt Romney…. You can’t be CEO of Bain Capital and say, ‘I really don’t know what my guys were doing,'” (more…)

By |2012-07-17T23:19:51-04:00July 16th, 2012|Business, Party Politics|2 Comments

Mackey tries to weather the storm

I tried to point this out.

From C&L:

You gotta love the mentality of Greta Van Susteren, reducing the whole union-hating, Ayn Rand-loving, universal health care-dismissing ravings of Whole Foods founder John Mackey to a question of whether he’s a “bad man.” She’s using the same language I use with my 6 year old when talking about “stranger danger.” Sheesh.

Even as a diehard foodie (My husband and I plan our weekends and vacations around meals and restaurants. Seriously.), I actually don’t shop that often at Whole Foods. I find it…well, elitist and overpriced. I much prefer Trader Joe’s and our local farmers’ markets to Whole Foods, though many of my friends are major patrons. But now that I’ve read Mackey’s diatribe in the WSJ in all its Randian glory, I have to wonder if he considered at all who shops in his stores.‘s Ali Savino writes on Whole Foods’ rotten core:

Whole Foods CEO John Mackey wrote a thunderous comment piece in which he derided the public option, Barack Obama‘s biggest campaign promise to progressives, and put forward a stridently conservative view of healthcare for America.

Does Mackey know who his customer base is? Did he really not foresee the backlash that has ensued – the howls across the blogosphere and Twitter, the Facebook petition to boycott Whole Foods?

Pundits argue that Mackey hasn’t gotten a fair shake. He sells food after all, not health insurance. He’s a successful businessman who has wisdom to share. But Whole Foods is more than a supermarket. From the cooking classes and wine tastings to the monthly event calendar on the wall, Whole Foods aims to be a way of life.

The brand Mackey created caters to a specific clientele. Customers are greeted with signage boasting of local farmers and grass-fed cattle. Whole Foods touts announcements of Green Prom projects and 100-best-companies-to-work-for accolades. The reusable shopping bags and shelves filled with yoga mats and all-natural beeswax lip balm aim to capture the same folks clicking “donate” on the MoveOn fundraising appeals.

These are the same people who pay large sums for a pint of organic strawberries, laughing off or even defending the “Whole Paycheque” label. They tell themselves: It’s OK to pay double what those strawberries would cost elsewhere, because they’re chemical-free, healthier, environmentally and ethically sound. Whole Foods customers want to feel good about their purchases and believe they are being better citizens for shopping there.

Now Mackey, the face of the company, is not only at odds with a central tenet of progressivism, but a supporter of free-market evangelism that has no space for the community-based, egalitarian solutions his customers support.

One of the site team wrote to Whole Foods after the op-ed was published and Whole Foods responded quickly with a somewhat disingenuous response, but also one which disavowed Mackey’s stance (The exact phrasing was “Whole Foods Market has no official position on the issue”). If you’re on Facebook, you can join the “Boycott Whole Foods” group now.

By |2009-08-24T05:29:15-04:00August 24th, 2009|Healthcare, Media, Party Politics|Comments Off on Mackey tries to weather the storm
Go to Top