Tag Archives: Mitt Romney

News

Seven stories about Mitt Romney that you won’t hear from the liberal media

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Mr. Hawkins wrote a column entitled “7 Incredible Personal Stories About Mitt Romney That You May Not Know“.

Here’s my favorite:

2) Mitt Romney gave milk to a V.A. hospital: This is the kind of thing Mitt Romney has done for people in need who cross his path.

He shared a story of a V.A. hospital in Boston that Mitt Romney stopped at while on the campaign trail running against Ted Kennedy. Ted Kennedy had made a thirty minute stop at the same location a couple of weeks prior.After touring the V.A. hospital, Mitt asked to look at their books. After he spent forty minutes going through their books, he told them, “You run a very good place, very tight. Very good.” Romney asked to go on another tour of the hospital, and after spending an hour and forty minutes there, the last question he asked was, “So what… what do you — what are you lacking? What do you need help with?”

The response? “Milk.”

Since the press was around, snapping photos and asking questions, Glenn explained that Romney did a really awkward joke where he said, “maybe we should teach everyone here how to milk a cow.”

Of course, that’s all the press cared to hear and ran with a story that claims “Mitt Romney says veterans should have to milk cows.”

“This is where it gets good,” Glenn started. “Romney calls him up the next morning.”

Romney first apologizes to the man who runs the hospital for any problems the attention from the press jumping on his words brought to the hospital. He next offers to help with the milk situation.

“Friday comes, and the milkman comes,” Glenn continues. “This is what the vets needed – they needed 7,000 pints of milk a week. Milkman shows up, 7,000 pints. The head of the V.A. hospital asks, ‘Where did all this come from?’ He [the milkman] said ‘an anonymous donor.’ Now, the guy didn’t put it together.”

Glenn explains that when the next week rolled around, the milkman shows up again, and continued to show up every week for two years. After two years of delivering 7,000 pints of milk a week to the hospital, as the milkman is retiring, the man finally gets him to reveal the anonymous donor.

It’s Mitt Romney.

“Mitt Romney was writing a personal check and didn’t want anybody to know for two years and provided the vets with all of their milk in Boston,” Glenn explained to listeners this morning.

When Romney became governor, he sent a bill through to help the V.A. hospital – it was down to the dollar.

Read the other six.

Meanwhile, taxpayers spent $1.4 billion on Barack Obama and his family.

Mr. Hawkins and I share the view that Romney was not the most conservative candidate in the Republican primary. I wanted Michele Bachmann first, then Rick Santorum when she dropped out. John wanted Newt Gingrich. But we would both rather have Romney, than Obama. At least now we know that there are some good things about Mitt Romney as a man, even if I don’t agree with him on policy.

News

Romney gave 1,000 times as much to charity in one year as Biden gave in a decade

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From the Weekly Standard:

The release of Mitt Romney’s 2011 tax returns shows that he freely gave away more than $4 million to charity last year (about 30 percent of his income).  In comparison, when Joe Biden was first running for vice president, his tax returns showed that he had given away just $3,690 to charity over the previous ten years (about 0.2 percent of his income).  In other words, Romney gave away a thousand times as much to charity in one year as Biden gave in a decade.

That’s despite the fact that the Bidens earned well over $2 million over that decade.  In fact, their income was $320,000 in 2008, thereby putting them comfortably over the $250,000-a-year line that marks the entry point for “millionaires and billionaires” in Obama-speak.

Last year, Romney freely gave away more than $10,000 a day to charity — an impressive sum by nearly any standard.  Of course, it’s not too hard to beat Biden’s tally.  Over the span of that decade, or 3,650 days, he gave away $3,690 — an average of $1.01 a day.

Should we be surprised by this lack of charity from leftists? Well, Democrats are typically non-religious, as you might expect of people who support killing unborn children. In fact, Obama leads Romney 69% to 23% among non-religious people. So do people of no religion typically give a lot to charity, like the religious Romney, or are they mostly opposed to giving charity, like the pro-abortion secularist Joe Biden?

Consider this article from the Boston Globe.

Excerpt:

States with the least religious residents are also the stingiest about giving money to charity, a new study on the generosity of Americans suggests.

The study, released Monday by the Chronicle of Philanthropy, found that residents in states where religious participation is higher than the rest of the nation, particularly in the South, gave the greatest percentage of their discretionary income to charity.

The Northeast, with lower religious participation, was the least generous to charities, with the six New England states filling the last six slots among the 50 states.

[…]The most generous state was Utah, where residents gave 10.6 percent of their discretionary income to charity. Next were Mississippi, Alabama, Tennessee and South Carolina. The least generous was New Hampshire, at 2.5 percent, followed by Maine, Vermont, Massachusetts and Rhode Island.

[…]The study found that in the Northeast region, including New England, Pennsylvania, New Jersey and New York, people gave 4.1 percent of their discretionary income to charity. The percentage was 5.2 percent in the Southern states, a region from Texas east to Delaware and Florida, and including most of the so-called Bible Belt.

[…]The study was based on Internal Revenue Service records of people who itemized deductions in 2008, the most recent year statistics were available. The data allowed researchers to detail charitable giving down to the ZIP code.

To ensure that states with differing costs of living were judged by the same standard, researchers calculated each state’s median discretionary income — the money remaining per household after variable but essential costs such as housing, child care and food are paid for. They then looked at the percentage of discretionary income that the typical household in each state gave to charity.

[…]Of the 10 least generous states, nine voted for Democrat Barack Obama for president in the last election. By contrast, of the 10 most generous states, eight voted for Republican John McCain.

If you think that this is the only life you have, and there is no one out there to hold you accountable, then it’s easy to be self-centered. Unless charity makes you feel good, there is no reason to do it on atheism. And when you don’t have a reason to be moral, then you often won’t be.

Podcasts

Economist Thomas Sowell explains why wealth redistribution doesn’t work

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Thomas Sowell, an economist for the people
Thomas Sowell, an economist for the people

A whole slew of people are linking to this article by famous economist Thomas Sowell.

Excerpt:

The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty. The communist nations were a classic example, but by no means the only example.

In theory, confiscating the wealth of the more successful people ought to make the rest of the society more prosperous. But when the Soviet Union confiscated the wealth of successful farmers, food became scarce. As many people died of starvation under Stalin in the 1930s as died in Hitler’s Holocaust in the 1940s. [Professor Sowell is referring to the forced collectivization of the Ukraine.  If you want to inform yourself of the horrors thereof, I recommend  Robert Conquest, The Harvest of Sorrow: Soviet Collectivization and the Terror-Famine, Oxford UP, 1986.]

How can that be? It is not complicated. You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated. Farmers in the Soviet Union cut back on how much time and effort they invested in growing their crops, when they realized that the government was going to take a big part of the harvest. They slaughtered and ate young farm animals that they would normally keep tending and feeding while raising them to maturity.

[…]Among the most valuable assets in any nation are the knowledge, skills, and productive experience that economists call “human capital.” When successful people with much human capital leave the country, either voluntarily or because of hostile governments or hostile mobs whipped up by demagogues exploiting envy, lasting damage can be done to the economy they leave behind.

Fidel Castro’s confiscatory policies drove successful Cubans to flee to Florida, often leaving much of their physical wealth behind. But poverty-stricken refugees rose to prosperity again in Florida, while the wealth they left behind in Cuba did not prevent the people there from being poverty-stricken under Castro. The lasting wealth the refugees took with them was their human capital.

Stuart Schneiderman had this to say about the piece:

If the productive members of society are no longer working for themselves and their progeny they are going to be less productive. They have less incentive to produce when more of what they produce, or more of the profit, is going to be taxed or confiscated.

Besides, when you confiscate wealth people will resist and will spend more of their time and energy trying to keep what they have earned. This time and energy could be used for more productive activities.

Since wealth exists in assets whose value is determined in a market, a regime that confiscates assets will force the wealthy to liquidate their assets, thus lowering the value of everyone’s assets and making it far more difficult to attract investment capital.

I was happy to receive the 4th edition of Thomas Sowell’s “Basic Economics” textbook from one of our readers in New York city. (Thanks Tom!) If you are a Christian who is interested in economics, I really recommend that you pick up “Intellectuals and Society“, which is a great introduction to his thought.

I once was courting a young homeschooled lady who was skeptical of university degrees. She read one Thomas Sowell book, then read 5 more – all within a 6 week period. She then went on to do a B.A. in economics. If you are a Christian looking to branch out into economics, Thomas Sowell is your man. You can’t read just one of his books. It’s absolutely impossible.