Showing posts with label Romney. Show all posts
Showing posts with label Romney. Show all posts

Saturday, November 10, 2012

How Romney Failed as Manager-in-Chief

In 2008, I was really torn between voting for Hilary Clinton or Barack Obama in the primary.  I made up my mind when I read that the Clinton campaign was running out of money about half way through the primaries.  Apparently, they had planned for a short campaign, expecting to build up an overwhelming lead early, while the Obama had planned for the long haul.  That made up my mind for me because I figured that you can't be trusted to manage the US government if you can't manage your own election campaign.  (And management matters.  Compare, for example, the federal responses to hurricane Katrina and hurricane Sandy.)

Now, I know that the President doesn't really manage the government, and the candidate doesn't really run the campaign, either.  But the candidate picks the people who manage the campaign, and the President picks the people who pick the people who manage the government.  So the quality of the people who run the candidate's campaign is a good indication of the quality of people who will be running the country if that candidate is selected.

For that reason, not only was I worried about Mitt Romney's ideology and politics, but I was also worried about his ability to manage, because it was clear his campaign was being poorly run.  It wasn't just the frequency of his campaign wandering off-message, but also the inability of his staff to anticipate and be able to answer questions that were obviously going to be asked sooner or later.  (The most famous example was a telephone conference called for the purpose of talking about women's issues in which senior Romney staff were unable to say whether or not Romney supported the Lilly Ledbetter Fair Pay Act.)

Now I read (in RedState.com of all places) that it was actually worse than I thought:  "Campaign Sources: The Romney Campaign was a Consultant Con Job."

Thursday, January 26, 2012

The Bain Identity

Mitt Romney has been criticized from both left and right as a "flip-flopper." Someone who will say whatever needs to be said in order to move ahead politically. He will say whatever he needs to say in order to get nominated, then say what he needs to say to get elected, and then say what he needs to say to govern. All without any real commitment or sincere belief.

When he ran for governor of Massachusetts, he ran as a moderate and he governed as a moderate, and now that he's running for president in a conservative Republican field he's running as a conservative. In the general election, running against Obama, he'll portray himself as a moderate, and who knows how he would govern?

What doesn't seem to have gotten much press is that Romney ran Bain Capital the same way.

According to this piece in the Washington Post, written by an investment banker who often dealt with Bain Capital while Romney was in charge, Bain Capital had a nasty habit of doing what might be called a "bait and switch." In a private offering, the firm that makes the highest initial bid gets favored position to negotiate the final deal. Bain would make the high bid, eliminate the competition, and then use its favored position to negotiate the price down below its original bid. Some renegotiation is normal when new conditions are discovered on "due diligence" (closer scrutiny), but Bain negotiated downward too often and too flagrantly.

In other words, Bain would say what it needed to say in order to get a favorable negotiating position, and then change its price once it had the position it wanted and the other side was at a disadvantage.

This is what some people would call "gaming the system," and what other people would call "dishonest."

If this description of Bain Capital is correct, then "flip-flopping" is not a fluke of Romney's political career. It is a fundamental character flaw of the man. He lacks integrity.

Wednesday, January 04, 2012

Romney v. Santorum

Following the results of the Iowa caucuses, the primary matchup for the Republican nomination seems to be between:

1. A candidate who strapped the family dog in a crate to the roof of the car in order to drive from Massachusetts to Canada.

And:

2. A candidate who took the body of a stillborn baby home from the hospital to show his other children.

So it goes.