This morning Mitt Romney announced his 2008 presidential bid in Michigan. His theme is innovation and transformation. Here is the full text of Romney’s speech from the NY Times.
I’m excited by Mitt’s candidacy and want to publicly declare my support for him. My blog is not a political blog by any means, but it is a personal one, and occasionally I like to express my personal opinions on a variety of topics, not just entrepreneurship.
I like many other candidates as well. Who isn’t fond of Rudy Giuliani for his amazing leadership in the wake of the 9/11 attack? My family will always be grateful to him for his strength and grace. He is a great leader. I’m also very fond of Mike Huckabee, former governor of Arkansas. I appreciate his social conservatism and his optimism for the future. I love his concept of horizontal and not vertical politics.
Mr Huckabee talks of “horizontal” and “vertical” politics. Horizontal politics means the bad old ways: Democrat versus Republican, or liberals against conservatives. Vertical politics means that people forget their differences, and their leaders elevate them as a whole. Mr Huckabee’s two most admirable vertical presidents are John F. Kennedy and Ronald Reagan. The other man from Hope inclined more to the horizontal.
I am supporting Romney because I believe he will be the most capable administrator of the largest government in the world, and that he will tackle head on problems that traditional politicians have swept under the carpet for decades, postponing any solutions because they are afraid of the political fallout for rocking the boat.
Unlike most Washington politicians who are lawyers, Romney is a successful businessman, a turn-around artist, who helped build a very successful investment firm by acquiring and turning around companies and creating new value within these enterprises.
I truly believe that Romney’s approach to governing this nation will be solid and sound because it will be based on tried and proven business, leadership and financial principles, learned from very large-scale real world business experience — experience that no other candidate has.
In a nation that needs a financial turnaround (our national debt is $8.7 trillion and climbing fast — check out this national debt clock). We need a turn around artist, a gifted and articulate leader with a great vision for change and a penchant for surrounding himself with results-oriented people who won’t get embroiled in petty partisan politics, but who will actual make the difficult decisions necessary to solve the problems we are facing.
As an investor, Mitt Romney had to find CEOs who could deliver results and he did. He knows how to identify and attract great people to his team. When he stepped in to save the 2002 Winter Olympics in Salt Lake City, he built a team that turned these games into a huge success, when they had been on the brink of serious disaster.
As the governor of Massachusetts, Romney turned a huge deficit into a balanced budget, while at the same time addressing major health care and educational issues at the state level (where they should be managed.)
I do not want to see the federal government try to solve health care and education issues. It’s extra-constitutional in my opinion, since the Tenth Amendment clearly says, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved for the States respectively, or to the people.”
I don’t believe that a Romney Presidency will be anything like the Bush Presidency. Bush didn’t seem to recognize the difference between what the constitution of a state like Texas allows a governor to do, and what the federal constitution of the United States allows the Federal Government to do. I think there has been a greater expansion of the federal government in education under Bush than under all previous presidents, Democrat or Republican, combined.
Bush also isn’t known for identifying and recruiting the best people to solve the biggest problems we face. He is well known for his deep loyalty to his friends. That just doesn’t work well when you are talking about running a $2.9 trillion budget and playing on the world stage with the highest possible stakes. Your team has to deliver results, or you have to get a new team.
I believe Mitt Romney will form the most effective and efficient team of any president in modern history. I believe the national debt will be attacked head on. Romney will recognize that our nation will become insolvent if we don’t change our current course. He will find a way to reduce the tremendous burden the national debt places on every American.
I believe that his leadership will inspired new solutions in education, energy, and health care, but that they won’t be top down federal government mandates. I think he will be open minded to out of the box thinking and innovation. As an investor, he’s definitely manifest the ability to see where things are going and back the right ideas and people. He’ll do the same as President of the United States.
Warren Buffett (I attended the Berkshire Hathaway shareholder meeting in 2005) compared the United States to a family farm. The family members wanted to live beyond their means, beyond what the normal harvest would support, so every year they would sell off a little piece of property to subsidize their wants. While Buffet is a democrat, and I don’t him to endorse Mitt Romney, I do believe that these two speak the same economic language. They both have rare gifts, and both of them are using their gifts to bless humanity. Buffett’s pledge of $31 billion to the Bill and Melinda Gates Foundation demonstrates his desire to do good. Mitt’s willingness to subject himself, his family, and his religion to unprecedented and vitriolic attacts, in order to win the presidency and help turn this country around demonstrates his desire to be a public servant.
Romney’s ability to raise money for his campaign (click here if you’d like to donate), to get key endorsements, and to build a campaign team in every key state, is indicative of his administrative abilities. His poll numbers are strengthening in Iowa, New Hampshire, and elsewhere, including his “three home states” (Utah, Michigan, and Massachusetts).
Most voters still know little or nothing about Romney, but as his name recognition increases, as the online search volume about Romney continues to grow, more and more people will come to appreciate all that he offers in this campaign to turnaround the country. It’s happening already. He looks and talks and acts like a president.
I am tremendously excited for the 2008 campaign, the most open campaign in fifty years, with the most diverse field of candidates in history. Everyone will have unprecedented access to online information about every candidate, to most of their speeches (in text, audio and video format) and with more information about their track record than ever before.
I am not looking forward to all the attacks that will inevitably come at each candidate, especially the front-runners. I wish we could have a “kinder, gentler” blogosphere. But I know that is a vain wish. We live in a very polarized country (the red states and blue states and all that) and politics fires up a lot of people to do and say a lot of things they normally wouldn’t do or say.
But rather than attack, I encourage bloggers to try to be positive, to support the best ideas from all the candidates, and to elect a president that will lead this country in the right direction.
I encourage everyone to take a very close look at Mitt Romney, whose great capacity to solve problems and create value for stakeholders will help build an America that we can be proud of. An American that will remain a great nation with strong families and communities, stay competitive in the face of unprecedented challenges from Asian economies, and once again provide leadership to the world to rally together in times of crisis, when our enemies attack.
I believed in Reagan and I believe in Romney, and I’ve struggled to believe in between.
(Note: thanks to all my readers who corrected my earlier post about the national debt being $8.7 billion, instead of trillion. A silly mistake. If it were only $8.7 billion, Warren Buffett could have retired the debt by himself. But it’s 1,000 times worse than that. The national debt clock shows that each family/household in the United States would be responsible for $138,497 of that debt–a bit less than the median home price in this country.