From the New York Times:
Fact Check: Romney and His Money
By MICHAEL BARBARO, BINYAMIN APPELBAUM and TRIP GABRIEL
January 20, 2012Mitt Romney said during Thursday night’s debate that he did not inherit any money from his parents.
This is not entirely accurate, according to Mr. Romney’s previous remarks on the topic, and it was one of several questionable assertions made by the candidates in the debate.
This is simply a lie from the New York Times. Romney did not inherit any money from his parents. Or, rather, he did not keep it.
In an interview with C-Span in March 2006, Mr. Romney said that upon the death of his father, George, the former chief executive of American Motors, he received an inheritance. But he quickly donated the money to Brigham Young University, he said…
Even so, Mr. Romney benefited from his father’s wealth in another way: he relied on George Romney for a loan that he used to buy his first home, in Belmont, Mass., for $42,000.
A loan is not an inheritance. This is not a complicated issue. Words have meaning. The New York Times has simply told a blatant lie. (Which, of course, is their stock and trade. But normally they are a little more subtle about it.)
Also note, this lie is their only mention of Romney’s money in this article, despite their misleading headline.
The moderator of the debate, John King of CNN, told the candidates that Apple, the consumer technology giant, employs more than 400,000 people in China, and asked what they would do to bring those manufacturing jobs back to the United States.
The Times can’t even get the question correct. King said Apple employs 500,000 people in China. He then asked, “as a president of the United States, what do you do about that?”
His question was obviously intended to be a general question about the global labor market, and not what the President of the United States would do to get Apple to move more jobs to America.
Rick Santorum said he would eliminate taxes on manufacturing. Representative Ron Paul of Texas said he would cut back on regulation.
In his biography of Steve Jobs, the Apple founder, Walter Isaacson relates the answer to that question that Mr. Jobs gave to President Obama… “You can’t find that many in America to hire,” Mr. Jobs said.
Mr. Isaacson wrote: “These factory engineers did not have to be Ph.D.’s or geniuses; they simply needed to have basic engineering skills for manufacturing. Tech schools, community colleges or trade schools could train them.”
“If you could educate these engineers,” Mr. Jobs said, “we could move more manufacturing plants here.”
Not taxes. Not regulation. Education…
What a laugh. In that same exchange with Obama that is mentioned in the Isaacson biography, Steve Jobs specifically attacked Obama’s regulations:
Jobs “told Obama that the administration needed to be more business-friendly. As an example, Jobs described the ease with which companies can build factories in China compared to the United States, where “regulations and unnecessary costs” make it difficult for them.
By the way, Jobs also criticized America’s education system, saying it was “crippled by union work rules.” And that “until the teachers’ unions were broken, there was almost no hope for education reform.”
The left doesn’t believe there are such a thing as facts…unless they think it’s one that supports their claims.
What awful liars!
I remember the loan hubby and I took out from my dad for our first car (as college kids we used bicycles).
We had a repayment schedule in the agreement and he got his check every month until the car was apid for.
He then told us that, of all his older children (I was 2nd to the youngest of 5) we were the first and only ones to actually pay back a ”loan.”
Words have meanings is right.
People love to pretend they don’t.
Mitt Romney, in a December 2011 interview with Reuters:
Dynasty Trusts Under Attack