Amity Shlaes–Coolidge–Videos
President Coolidge, 1st Presidential Film (1924)
President Coolidge’s Inauguration (1925)
Calvin Coolidge: The Best President You’ve Never Heard Of – Amity Shlaes
Calvin Coolidge book by Amity Shlaes on w/ Glenn Beck on The Blaze TV
Amity Shlaes, Author, “Coolidge”
Digital Age-Why is Coolidge the Forgotten President?-Amity Shlaes
“How They Did It” – Part 1 of 4
“How They Did It” – Part 2 of 4
“How They Did It” – Part 3 of 4
“How They Did It” – Part 4 of 4
Background Articles and Videos
Keep Cool With Coolidge, Not Obama: Obama Reveals His True Hatred of Business
Related Posts On Pronk Palisades
Calvin Coolidge–Videos
Read Full Post | Make a Comment ( None so far )Calvin Coolidge–Videos
“Knowledge comes, but wisdom lingers. It may not be difficult to store up in the mind a vast quantity of face within a comparatively short time, but the ability to form judgments requires the severe discipline of hard work and the tempering heat of experience and maturity. “
“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. “
“Industry, thrift and self-control are not sought because they create wealth, but because they create character.”
“The business of America is business.”
~Calvin Coolidge
BookTV: David Pietrusza, “Silent Cal’s Almanack”
http://www.youtube.com/watch?v=JkX3YN41_Yw&feature=player_embedded
Glenn Beck A Closer Look At The Progressive Movement
Coolidge and the Roaring 20’s
Calvin Coolidge Memorial Foundation
An outstanding and must view Calvin Coolidge Video and Website
http://www.calvin-coolidge.org/
Calvin Coolidge on Republican Principles, 1924
VermontTV.net – Mr. President, Calvin Coolidge
The Autobiography of Calvin Coolidge, Part I
The Autobiography of Calvin Coolidge, Part II
President Harding and Calvin Coolidge [1]
President Coolidge’s Inauguration (1925)
President Coolidge, 1st Presidential Film (1924)
Plymouth Notch, Vermont and the Calvin Coolidge Homestead
Richard Norton Smith on Calvin Coolidge (1 of 8)
Richard Norton Smith on Calvin Coolidge (2 of 8)
Richard Norton Smith on Calvin Coolidge (3 of 8)
Richard Norton Smith on Calvin Coolidge (4 of 8)
Richard Norton Smith on Calvin Coolidge (5 of 8)
Richard Norton Smith on Calvin Coolidge (6 of 8)
Richard Norton Smith on Calvin Coolidge (7 of 8)
Richard Norton Smith on Calvin Coolidge (8 of 8)
“…Robert Sobel, in the first full-scale biography of Calvin Coolidge within a generation, shatters the caricature of our thirtieth president as a silent, do-nothing leader. He exposes the real Coolidge as the most Jeffersonian of all twentieth-century presidents — he cut taxes four times, had a budget surplus every year in office, and cut the national debt by a third during a period of unprecedented growth. He won 17 of the 19 elections in which he ran. Although a Republican, he reversed the Republican centrist policies. There were Coolidge Democrats three-quarters of a century before there were Reagan Democrats. A statistician once computed that Coolidge’s sentences averaged 18 words compared with Lincoln’s 27, Wilson’s 32, and Teddy Roosevelt’s 41 — Coolidge was direct. …”
http://www.jpands.org/hacienda/sobel.html
Calvin Coolidge
“The nation which forgets its defenders will be itself forgotten. “
“Collecting more taxes than is absolutely necessary is legalized robbery. “
“Perhaps one of the most important accomplishments of my administration has been minding my own business.”
“To live under the American Constitution is the greatest political privilege that was ever accorded to the human race.”
~Calvin Coolidge
The American people long for the days of Calvin Coolidge where 98% of Americans paid no income taxes and all government expenditures, local, state, and Federal were less than 12% of the nation’s gross domestic product.
The days of peace, prosperity and principles, those were the days.
Calvin Coolidge was and knew he was not a great man, but Coolidge was a man of character, principle and achievement, a man of great virtue.
Coolidge was the probably the last President who truly believed in Constitutional government as set forth in the United States Constitution.
Coolidge was a tax reformer who cut the extremely high tax rates for the simple reason that they were morally wrong and did not raise much tax revenue.
Top U.S. Federal marginal income tax rate from 1913 to 2009
http://en.wikipedia.org/wiki/Income_tax_in_the_United_States
Coolidge cut the national debt by one-third by slashing government spending.
The combination of tax rate reductions and prudent limited Federal Government spending produced a period of economic growth called the decade of prosperity, Coolidge prosperity or the roaring twenties.
1920’s
Gov. Coolidge for Vice-President (1920)
One Republican that comes closest to Calvin Coolidge is Ron Paul, another classical liberal or libertarian.
Ron Paul: A New Hope
MSNBC’s Hardball (4-22-2010): Chris Matthews Interviews Ron Paul
Ron Paul : Don’t tread on me
Yes, the American would like to go back to Calvin Coolidge and Thomas Jefferson by downsizing the Federal Government and reforming the out-of-control government spending and confiscatory system of Federal income taxation.
Both Barry Goldwater and Calvin Coolidge are heroes to many of conservatives and libertarians.
I have been a classical liberal for many years and would like to see a limited government classical liberal as President of the United States that put faith, families and freedom first.
Both the Democratic and Republican parties have deeply penetrated at the local, county, state and Federal level by Progressive Radical Socialists that want the American people to be dependent upon government.
Both political parties have ignored the will and sovereignty of the American people on Federal government spending, taxation, deficits, illegal immigration and health care.
H. L. Menchen who was critical of Coolidge while he lived, wrote of Coolidge after he died:
“He begins to seem, in retrospect, an extremely comfortable and even praiseworthy citizen. His failings are forgotten; the country remembers only the grateful fact that he let it alone. Well, there are worse epitaphs for a statesman. If the day ever comes when Jefferson’s warnings are heeded at last, and we reduce government to its simplest terms, it may very well happen that Cal’s bones now resting inconspicuously in the Vermont granite will come to be revered as those of a man who really did the nation some service.”
America needs a new political party dedicated to replacing the mixed economy welfare state with free market capitalism and a representative republic limited constitutional government.
America needs a President that will leave the American people alone and minds his own business.
America needs a President that will slash the Federal Government by closing ten Federal Departments and replaces all Federal income, payroll, capital gains, estate and gift taxes with the FairTax, a national consumption sales tax.
America needs a modern-day Calvin Coolidge noted for the clarity and directness of his message to the American people.
Join millions of Americans in Washington D.C. on August 28, 2010 at the Lincoln Memorial.
The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution
A wise old owl lived in an oak
The more he saw the less he spoke
The less he spoke the more he heard.
Why can’t we all be like that wise old bird?
Why indeed.
Silent Cal would be smiling.
Background Articles and Videos
Why You’ve Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.
Uncommon Knowledge: The Great Depression with Amity Shlaes
The Presidency of Calvin Coolidge
Robert H. Ferrell
“…Ferrell’s analysis of the Coolidge years shows how the president represented the essence of 1920s Republicanism. A believer in laissez-faire economics and the separation of powers, he was committed to small government, and he and his predecessors reduced the national debt by a third. More a manager than a leader, he coped successfully with the Teapot Dome scandal and crises in Mexico, Nicaragua, and China, but ignored an overheating economy. Ferrell makes a persuasive case for not blaming Coolidge for the failures of his party’s foreign policy; he does maintain that the president should have warned Wall Street about the dangers of overspeculating but lacked sufficient knowledge of economics to do so.
Drawing on the most recent literature on the Coolidge era, Ferrell has constructed a meticulous and highly readable account of the president’s domestic and foreign policy. His book illuminates this pre-Depression administration for historians and reveals to general readers a president who was stern in temperament and dedicated to public service. …”
http://www.kansaspress.ku.edu/fercoo.html
Calvin Coolidge
“…John Calvin Coolidge, Jr. (July 4, 1872 – January 5, 1933) was the 30th President of the United States (1923–1929). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His actions during the Boston Police Strike of 1919 thrust him into the national spotlight. Soon after, he was elected as the 29th Vice President in 1920 and succeeded to the Presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.
Coolidge restored public confidence in the White House after the scandals of his predecessor’s administration, and left office with considerable popularity.[2] As a Coolidge biographer put it, “He embodied the spirit and hopes of the middle class, could interpret their longings and express their opinions. That he did represent the genius of the average is the most convincing proof of his strength.”[3] Many later criticized Coolidge as part of a general criticism of laissez-faire government.[4] His reputation underwent a renaissance during the Ronald Reagan Administration,[5] but the ultimate assessment of his presidency is still divided between those who approve of his reduction of the size of government programs and those who believe the federal government should be more involved in regulating and controlling the economy.[6] …”
“…Coolidge’s taxation policy was that of his Secretary of the Treasury, Andrew Mellon: taxes should be lower and fewer people should have to pay them.[113] Congress agreed, and the taxes were reduced in Coolidge’s term.[113] In addition to these tax cuts, Coolidge proposed reductions in federal expenditures and retiring some of the federal debt.[113] Coolidge’s ideas were shared by the Republicans in Congress, and in 1924 Congress passed the Revenue Act of 1924, which reduced income tax rates and eliminated all income taxation for some two million people.[113] They reduced taxes again by passing the Revenue Acts of 1926 and 1928, all the while continuing to keep spending down so as to reduce the overall federal debt.[114] By 1927, only the richest 2% of taxpayers paid any income tax.[114] Although federal spending remained flat during Coolidge’s administration, allowing one-fourth of the federal debt to be retired, state and local governments saw considerable growth, surpassing the federal budget in 1927.[115] …”
“Civil Rights
Coolidge spoke out in favor of the civil rights of African Americans and Catholics.[127] He appointed no known members of Ku Klux Klan to office; indeed the Klan lost most of its influence during his term.[128]
In 1924, Coolidge responded to a letter that claimed the United States was a “white man’s country”:
“….I was amazed to receive such a letter. During the war 500,000 colored men and boys were called up under the draft, not one of whom sought to evade it. [As president, I am] one who feels a responsibility for living up to the traditions and maintaining the principles of the Republican Party. Our Constitution guarantees equal rights to all our citizens, without discrimination on account of race or color. I have taken my oath to support that Constitution….[129]
On June 2, 1924, Coolidge signed the Indian Citizenship Act, which granted full U.S. citizenship to all American Indians, while permitting them to retain tribal land and cultural rights. However, the act was not clear whether the federal government or the tribal leaders retained tribal sovereignty.[130] Coolidge repeatedly called for anti-lynching laws to be enacted, but most Congressional attempts to pass this legislation were filibustered by Southern Democrats. …”
“…Despite his reputation as a quiet and even reclusive politician, Coolidge made use of the new medium of radio and made radio history several times while President. He made himself available to reporters, giving 529 press conferences, meeting with reporters more regularly than any President before or since.[149]
Coolidge’s inauguration was the first presidential inauguration broadcast on radio. On December 6, 1923, he was the first President whose address to Congress was broadcast on radio.[150] On February 22, 1924, he became the first President of the United States to deliver a political speech on radio.[151] Coolidge signed the Radio Act of 1927, which assigned regulation of radio to the newly created Federal Radio Commission.
On August 11, 1924, Lee De Forest filmed Coolidge on the White House lawn with DeForest’s Phonofilm sound-on-film process, becoming the first President to appear in a sound film. The title of the DeForest film was President Coolidge, Taken on the White House Lawn.[152] …”
http://en.wikipedia.org/wiki/Calvin_Coolidge
Calvin Coolidge
30th President of the United States
(August 3, 1923 to March 3, 1929)
Nickname: “Silent Cal”
Born: July 4, 1872, in Plymouth, Vermont
Died: January 5, 1933, in Northampton, Massachusetts
Father: John Calvin Coolidge
Mother: Victoria Josephine Moor Coolidge
Married: Grace Anna Goodhue (1879-1957), on October 4, 1905
Children: John Coolidge (1906-2000); Calvin Coolidge, Jr. (1908-24)
Religion: Congregationalist
Education: Graduated from Amherst College (1895)
Occupation: Lawyer
Political Party: Republican
Other Government Positions:
- Northampton, MA City Councilman, 1899
- City Solicitor, 1900-01
- Clerk of Courts, 1904
- Member of Massachusetts Legislature, 1907-08
- Mayor of Northampton, MA, 1910-11
- Member of Massachusetts Legislature, 1912-15
- Lieutenant-Governor of Massachusetts, 1916-18
- Governor of Massachusetts, 1919-20
- Vice President, 1921-23 (under
Harding)
Presidential Salary: $75,000/year
Year | Popular Votes | Electoral Votes | |
---|---|---|---|
1924 | Calvin Coolidge | 15,718,211 | 382 |
John W. Davis | 8,385,283 | 136 | |
Robert M. LaFollette | 4,831,289 | 13 |
http://www.potus.com/ccoolidge.html
http://en.wikipedia.org/wiki/File:ElectoralCollege1924.svg
Partial History of U.S. Federal Marginal Income Tax Rates Since 1913 |
||||
---|---|---|---|---|
Applicable Year |
Income brackets |
First bracket |
Top bracket |
Source |
1913-1915 | – | 1% | 7% | IRS |
1916 | – | 2% | 15% | IRS |
1917 | – | 2% | 67% | IRS |
1918 | – | 6% | 77% | IRS |
1919-1920 | – | 4% | 73% | IRS |
1921 | – | 4% | 73% | IRS |
1922 | – | 4% | 56% | IRS |
1923 | – | 3% | 56% | IRS |
1924 | – | 1.5% | 46% | IRS |
1925-1928 | – | 1.5% | 25% | IRS |
1929 | – | 0.375% | 24% | IRS |
1930-1931 | – | 1.125% | 25% | IRS |
1932-1933 | – | 4% | 63% | IRS |
1934-1935 | – | 4% | 63% | IRS |
1936-1939 | – | 4% | 79% | IRS |
1940 | – | 4.4% | 81.1% | IRS |
1941 | – | 10% | 81% | IRS |
1942-1943 | – | 19% | 88% | IRS |
1944-1945 | – | 23% | 94% | IRS |
1946-1947 | – | 19% | 86.45% | IRS |
1948-1949 | – | 16.6% | 82.13% | IRS |
1950 | – | 17.4% | 84.36% | IRS |
1951 | – | 20.4% | 91% | IRS |
1952-1953 | – | 22.2% | 92% | IRS |
1954-1963 | – | 20% | 91% | IRS |
1964 | – | 16% | 77% | IRS |
1965-1967 | – | 14% | 70% | IRS |
1968 | – | 14% | 75.25% | IRS |
1969 | – | 14% | 77% | IRS |
1970 | – | 14% | 71.75% | IRS |
1971-1981 | 15 brackets | 14% | 70% | IRS |
1982-1986 | 12 brackets | 12% | 50% | IRS |
1987 | 5 brackets | 11% | 38.5% | IRS |
1988-1990 | 3 brackets | 15% | 28% | IRS |
1991-1992 | 3 brackets | 15% | 31% | IRS |
1993-2000 | 5 brackets | 15% | 39.6% | IRS |
2001 | 5 brackets | 15% | 39.1% | IRS |
2002 | 6 brackets | 10% | 38.6% | IRS |
2003-2009 | 6 brackets | 10% | 35% | Tax Foundation |
Year | GDP-US $ billion |
Total Spending -total pct GDP |
|
1903 | 25.9 | 6.80 | i |
1904 | 25.7 | 7.28 | i |
1905 | 28.8 | 6.89 | i |
1906 | 31 | 6.81 | i |
1907 | 33.9 | 6.61 | i |
1908 | 30.1 | 7.90 | i |
1909 | 32.2 | 7.84 | i |
1910 | 33.4 | 8.03 | i |
1911 | 34.3 | 8.31 | i |
1912 | 37.4 | 8.09 | i |
1913 | 39.1 | 8.22 | a |
1914 | 36.5 | 9.55 | i |
1915 | 38.7 | 9.80 | i |
1916 | 49.6 | 8.22 | i |
1917 | 59.7 | 9.49 | i |
1918 | 75.8 | 22.12 | i |
1919 | 78.3 | 29.38 | i |
1920 | 88.4 | 12.81 | i |
1921 | 73.6 | 14.31 | i |
1922 | 73.4 | 12.67 | a |
1923 | 85.4 | 11.27 | i |
1924 | 86.9 | 11.49 | i |
1925 | 90.6 | 11.44 | i |
1926 | 96.9 | 11.12 | i |
1927 | 95.5 | 11.75 | a |
1928 | 97.4 | 11.75 | i |
1929 | 103.6 | 11.27 | i |
1930 | 91.2 | 13.07 | i |
1931 | 76.5 | 15.92 | i |
1932 | 58.7 | 21.19 | a |
1933 | 56.4 | 22.38 | i |
1934 | 66 | 19.40 | a |
1935 | 73.3 | 20.17 | i |
1936 | 83.8 | 20.00 | a |
1937 | 91.9 | 18.74 | i |
1938 | 86.1 | 20.53 | a |
1939 | 92.2 | 20.66 | i |
1940 | 101.4 | 20.14 | a |
1941 | 126.7 | 19.22 | i |
1942 | 161.9 | 28.15 | a |
1943 | 198.6 | 46.68 | i |
1944 | 219.8 | 50.02 | a |
1945 | 223 | 52.99 | i |
1946 | 222.2 | 35.87 | a |
1947 | 244.1 | 23.65 | i |
1948 | 269.1 | 20.47 | a |
1949 | 267.2 | 23.47 | i |
1950 | 293.7 | 23.95 | a |
1951 | 339.3 | 22.38 | i |
1952 | 358.3 | 27.88 | a |
1953 | 379.3 | 29.02 | a |
1954 | 380.4 | 29.27 | a |
1955 | 414.7 | 26.70 | a |
1956 | 437.4 | 26.47 | a |
1957 | 461.1 | 27.21 | a |
1958 | 467.2 | 28.84 | a |
1959 | 506.6 | 28.77 | a |
1960 | 526.4 | 28.74 | a |
1961 | 544.8 | 30.25 | a |
1962 | 585.7 | 28.94 | i |
1963 | 617.8 | 28.71 | i |
1964 | 663.6 | 28.50 | i |
1965 | 719.1 | 26.96 | i |
1966 | 787.7 | 27.45 | i |
1967 | 832.4 | 29.80 | i |
1968 | 909.8 | 30.47 | i |
1969 | 984.4 | 30.08 | i |
1970 | 1038.3 | 31.00 | i |
1971 | 1126.8 | 31.49 | i |
1972 | 1237.9 | 31.36 | i |
1973 | 1382.3 | 29.78 | i |
1974 | 1499.5 | 30.23 | i |
1975 | 1637.7 | 33.62 | i |
1976 | 1824.6 | 34.00 | i |
1977 | 2030.1 | 32.91 | i |
1978 | 2293.8 | 32.02 | i |
1979 | 2562.2 | 31.58 | i |
1980 | 2788.1 | 33.72 | i |
1981 | 3126.8 | 33.64 | i |
1982 | 3253.2 | 36.25 | i |
1983 | 3534.6 | 36.31 | i |
1984 | 3930.9 | 34.44 | i |
1985 | 4217.5 | 35.48 | i |
1986 | 4460.1 | 35.71 | i |
1987 | 4736.4 | 35.09 | i |
1988 | 5100.4 | 34.73 | i |
1989 | 5482.1 | 34.94 | i |
1990 | 5800.5 | 36.01 | i |
1991 | 5992.1 | 37.22 | i |
1992 | 6342.3 | 37.04 | a |
1993 | 6667.4 | 36.31 | a |
1994 | 7085.2 | 35.38 | a |
1995 | 7414.7 | 35.54 | a |
1996 | 7838.5 | 34.69 | a |
1997 | 8332.4 | 33.77 | a |
1998 | 8793.5 | 33.24 | a |
1999 | 9353.5 | 32.65 | a |
2000 | 9951.5 | 32.56 | a |
2001 | 10286.2 | 33.38 | a |
2002 | 10642.3 | 34.75 | a |
2003 | 11142.1 | 35.28 | a |
2004 | 11867.8 | 34.78 | a |
2005 | 12638.4 | 34.79 | a |
2006 | 13398.9 | 35.06 | a |
2007 | 14077.6 | 34.98 | a |
2008 | 14441.4 | 36.94 | a |
2009 | 14258.2 | 42.32 | g |
2010 | 14623.9 | 43.85 | g |
Legend: i – interpolated between actual reported values a – actual reported g – ‘guesstimated’ projection by usgovernmentspending.com b – budgeted estimate in US fy11 budget |
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Read Full Post | Make a Comment ( None so far )Memo To Senator McCain: Trifecta Time–Giuliani–Hunter–Romney
“No one ever listened themselves out of job. It takes great man to be a good listener.”
~President Calvin Coolidge
This is third and last time I will recommmend that Senator John McCain announce some of his cabinet members prior to being elected President of the United States of America.
This would unite the Republican Party and motivate the movement conservative and libertarian base to turnout and vote in November.
Former Mayor of New York City Rudi Giuliani should be named as McCain’s candidate for Attorney General.
“Rudolph William Louis “Rudy” Giuliani (pronounced /ˈruːdi ˌdʒuːliːˈɑːni/;[1] born May 28, 1944) is an American lawyer, businessman and politician from the state of New York who was Mayor of New York City from 1994 to 2001.
“A Democrat and Independent in the 1970s, and a Republican from the 1980s to the present, Giuliani served in the United States Attorney’s Office for the Southern District of New York, eventually becoming U.S. Attorney. He prosecuted a number of high-profile cases, including ones against organized crime and Wall Street financiers.
Giuliani served two terms as Mayor of New York City, and was credited with initiating improvements in the city’s quality of life and with a reduction in crime. He ran for the United States Senate in 2000 but withdrew due to being diagnosed with prostate cancer and to revelations about his personal life. Giuliani gained international attention during and after the September 11, 2001 attacks on the World Trade Center.[2] In 2001, Time magazine named him “Person of the Year”[3] and he received an honorary knighthood from Queen Elizabeth II in 2002.[4] …”
http://en.wikipedia.org/wiki/Rudy_Giuliani
Congressman Duncan Hunter of California should be named as McCain’s candidate for Secretary of Defense or Homeland Security.
http://www.house.gov/hunter/biography.shtml
“Duncan Lee Hunter (born May 31, 1948) is an American politician. He has been a Republican member of the House of Representatives from California’s 52nd congressional district since 1981. The district is located in northern and eastern San Diego County and includes El Cajon, La Mesa and a portion of eastern San Diego. It was previously named the 42nd District from 1981 to 1983 and the 45th from 1983 to 1993.
Hunter was the chairman of the House Armed Services Committee during the 109th Congress. Hunter sought the Republican Party nomination for President of the United States for 2008,[1] but his campaign failed to attract significant voters or delegates in early primary and caucus states,[2] and he dropped out after unpromising results in the Nevada Republican caucuses.[3]
Hunter was born in Riverside, California to Lola L. Young and Robert Olin Hunter.[4] He graduated from Rubidoux High School in Riverside in 1966.[5] He attended the University of Montana from 1966 to 1967,[6] and then briefly the University of California, Santa Barbara,[6] before being commissioned[citation needed] into the United States Army in 1969.[7]
He served in South Vietnam from 1970 to 1971 during the Vietnam War[8] in the Army Rangers’ 75th Ranger Regiment, attached to the 173rd Airborne Brigade.[9] He participated in 24 helicopter assaults[7] as well as in small-number, night-time reconnaissance patrols.[10] He held the rank of First Lieutenant,[8] and was awarded the Bronze Star,[7] Air Medal,[8] and service ribbons such as the Vietnam Service Medal.[8] He has said, “I didn’t do anything special in the U.S. Army, but I served with very special soldiers I will never forget.”[8] …”
http://en.wikipedia.org/wiki/Duncan_Hunter
Former Governor Mitt Romney of Massachetts should be named as McCain’s candidate for Treasury Secretary.
“Willard Mitt Romney (born March 12, 1947) is an American businessman and former Governor of Massachusetts. Romney is also a former candidate for the Republican nomination in the 2008 United States presidential election.
Romney was CEO of Bain & Company, a management consulting firm, and co-founder of Bain Capital, a private equity investment firm. After his business career and serving as CEO of the 2002 Winter Olympics, Romney was elected as the 70th Governor of Massachusetts in 2002. Romney served one term and did not seek re-election in 2006; his term expired January 4, 2007.[1]
After graduation, Romney remained in Massachusetts and went to work for the Boston Consulting Group, where he had interned during the summer of 1974.[10] From 1978 to 1984, Romney was a vice president of Bain & Company, Inc., another management consulting firm based in Boston. In 1984, Romney left Bain & Company to co-found a spin-off private equity investment firm, Bain Capital.[11] During the 14 years he headed the company, Bain Capital’s average annual internal rate of return on realized investments was 113 percent,[12] making money primarily through leveraged buyouts.[13] He invested in or bought many well-known companies such as Staples, Brookstone, Domino’s, Sealy Corporation and Sports Authority.[14]
In 1990, Romney was asked to return to Bain & Company, which was facing financial collapse. As CEO, Romney managed an effort to restructure the firm’s employee stock-ownership plan, real-estate deals and bank loans, while increasing fiscal transparency. Within a year, he had led Bain & Company through a highly successful turnaround and returned the firm to profitability without layoffs or partner defections.[12]
Romney left Bain Capital in 1998 to head the 2002 Salt Lake City Olympic Games Organizing Committee.[15] He and his wife have a net worth of between 250 and 500 million USD.[16][17] , not including Romney’s blind trust in the name of their children, which is valued at about $100 million.[18]…”
http://en.wikipedia.org/wiki/Mitt_Romney
“It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.”
~President Theodore Roosevelt
http://www.theodoreroosevelt.org/
Background Articles and Videos
Memo to the McCain Campaign
By Lee Cary
“…As McCain names those primarily responsible for the Mae-Mac fiasco, he should also begin identifying who his key advisors will be.
Adults know that the presidency isn’t a person, it’s a bureaucracy. Any effective presidency is dependent on competent key people. So, who will be the key members of a McCain administration’s bureaucracy?
Start with the key person of the moment? Have him name his choice for Secretary of the Treasury.
McCain said he’d fire Cox. Fine. Draw and quarter Cox. We couldn’t care less out here! Who does McCain propose to put in the key fiscal positions? Tell us now, and tell us soon. How about Mitt Romney. He understands the markets and bailouted the Olympics once.
Then, four days later, he names his designated Secretary of Defense. Say, someone like former Secretary of the Navy and 9/11 Commission member John Lehman.
Then, a week after that, he names his choice for Secretary of State. Joe Lieberman would represent something of a semi-bipartisan approach.
McCain must take the initiative. Keep it. And not give it up.
By giving voters a pantheon of personalities to consider, he’d force Obama to reveal who his key people will be. For example, if Susan Rice is to replace Condi Rice, let’s have a look at her. (Folks may not like what they see.) Obama’s key people will either be retreads from liberal Democrats, or nearly unknowns. In any case, flush Obama out. Right now he’s hiding.
We’re in the late rounds and your guy’s behind on points. You’re running out of time.”
http://canadafreepress.com/index.php/article/5345
McCain Wants Dems In Cabinet
Play of the Day: Romney Endorses McCain
John McCAIN & Sarah PALIN enter the Town Hall Meeting in Waukesha WI 10/9/08
John McCAIN Sarah PALIN “Angry Man” Waukesha, WI 10/9/08
A McCain cabinet could bear shades of Teddy Roosevelt
“…McCain, the four-term Republican senator from Arizona and presumptive GOP presidential nominee, is promising an administration that reflects “conservative principles, values and vision.” He also says his administration would have a powerful environmental bent, in the Roosevelt tradition. …”
“…For his part, McCain last week said he’d be looking for Cabinet members who “just share my conservative philosophy and views: less government, less regulation, lower taxes.” But he also volunteered that conservationism would be a priority, saying he would hope “to preserve the great natural treasures of the West and our state and do whatever we can to protect our environment.”
“I return to kind of the Teddy Roosevelt outlook toward things,” McCain said.
“McCain has long identified Roosevelt, president from 1901 to 1909, as a political idol. Roosevelt made national parks and nature preserves a priority, and McCain has drawn fire from conservative Republicans for opposing oil exploration in the Arctic National Wildlife Refuge and for sponsoring legislation to address climate change.
McCain would tap business titans
McCain has dropped other hints about his Cabinet along the campaign trail.
Over the past year, he often has talked about approaching U.S. business leaders to serve their country by taking on federal-government responsibilities. He specifically has mentioned Fred Smith of FedEx, John Chambers of Cisco Systems, Steve Ballmer of Microsoft and billionaire investor Warren Buffett as possible Cabinet members.
Bureaucracies such as the hapless Federal Emergency Management Agency, whose limitations were exposed in 2005 by Hurricane Katrina, could use a dose of private-sector ingenuity and know-how, McCain has said.
“I would go out to the smartest and best people in America, no matter what their party affiliation,” McCain said last year at a town-hall meeting in Gilford, N.H. “There are some very successful people in this country who have done a great deal and become very rich while doing it. And I’m going to those people — the John Chambers and the Steve Ballmers and the Warren Buffetts and all those people — and say, ‘Look … you’ve done very well in this country. Now give back something to your country.’ ” …”
http://www.usatoday.com/news/politics/election2008/2008-02-18-mccain-roosevelt_N.htm