The Washington Post

Turns out Romney didn’t build Bain on his own

So, I just got this e-mail from Huffington Post with a rather dramatic headline. “Romney Started Bain Capital With Money From Families Tied To Death Squads” is a lengthy and detailed article by Ryan Grim and Cole Stangler about Mitt Romney’s quest for capital. We’ll see if this story dominates the news cycle the way the presumptive Republican nominee’s false “welfare” ad has.

But there was a passage in the HuffPo article that made me think of Romney’s “you didn’t build that” smack against President Obama. That’s the one where the president’s words are edited in such a way that it sounds like he’s saying hard-working entrepreneurs didn’t build their businesses.

Here’s part of what Obama said in Roanoke, Va., last month.

….look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something — there are a whole bunch of hardworking people out there.

If you were successful, somebody along the line gave you some help.

Now, let’s go back to a speech Romney gave at a Council on Foreign Relations dinner in Miami in 2007.

“I owe a great deal to Americans of Latin American descent,” he said at a dinner in Miami in 2007. “When I was starting my business, I came to Miami to find partners that would believe in me and that would finance my enterprise.”  

Looks like there was a time when Romney agreed with Obama. Quelle surprise!

Jonathan Capehart is a member of the Post editorial board and writes about politics and social issues for the PostPartisan blog.


Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Show Comments
Most Read


Success! Check your inbox for details.

See all newsletters

Your Three. Video curated for you.