I apologize for this post in advance -but it is my blog and I only very
rarely comment on politics, anyways.....


"I was an owner, and being a shareholder doesn't mean you're running
the business"  Mitt Romney, commenting on his role as passive owner
and passive CEO of Bain Capital between February 1999 - and sometime
in 2002


OK where to start - first off this is a company that Romney started, and then
chose to step aside and assume a passive position - this is a man who wants to
be President of the United States and as a CEO of large business was quite
happy being a passive, non-involved, let someone else do it  -I want to do
something else that's more interesting. And what was more important?
the Olympics -seriously Romney thinks a bunch of spoiled teenagers
running around in their shorts in a big stadium for a couple weeks
is more important than the millions of dollars and tens of thousands of jobs 
a company like Bain Capital creates (this is his argument for his being
President after all and he left the job to run a sporting event -what's to
say that as President he won't give up running the country to start managing 
a womans' professional basketball team?)


But OK continuing (and this is an AP article in the Star Tribune)
....Mitt Romney insisted on Friday that he played "no role whatsoever"
in managing the financial firm he founded after early 1999.....
Again he founded the firm and yet the people running the business
don't even bother asking him for his advice? Is he that effing useless?
I mean this is an admission that you are completely incompetent  -
business people stay in touch with each other, they ask each other
for opinions and advice and that's just socially - as a CEO, even a passive
one he'd be expected to make the final decision and set the
tone for the company - the sense of what is and isn't permissible
at Bain Capital - it probably is a fair statement that as a wet noodle,
spine of a jellyfish CEO of the company, his underlings quite
accurately realized that as long as they didn't wind up in jail
anything goes at Bain Capital under the Romney regime-
so yeh it was a laisse faire wild-west business model and while Romney
had the title CEO, and the moral authority of  a founding owner
of the company he exercised no influence on the direction of
the company and couldn't get out of the leadership role and
duck the leadership responsibilities quick enough - so as Captain 
of the ship, he left the boat at the port of Salt Lake City, and can't be
blamed for the ship hitting an iceberg because no one was at the wheel - 
Great, this is a man I want as President