An Unexpected Knight

During the Republican primaries I was fairly offset by Mitt Romney. Not because of his pro-pharmaceutical statement at one of the debates, not because of his Mormon faith, not because of his lack of disclosure on his torture platform, but just because he looked so fake.

Romney looked young and presentable, but had a hard time appealing to middle-class Americans. He was just way too rich!

However, scouring the web at 4:00A.M. CST unable to sleep, led me to an article written by Mitt Romney for the New York Times. To be blunt- I was amazed. Romney calls for no bailout for the “Big Three”, insisting that it only delays their inevitable bankruptcy. Instead, Romney says that the automobile industries need to rethink their production model, cut retirement benefits, and hire new, fresh management while kicking out the old, failed management. In fact, reading the article, I thought I could hear aspects of free market capitalism being mentioned; no bailout, renegotiate/eliminate union contracts and even “rectify the [embedded] tax penalties that favor foreign carmakers”.

While I do not support everything that Mr. Romney mentions in his article, I found it an interesting read from a very unexpected person. Who would have known that free market capitalism was still a prominent thing? Certainly not I, with all of the government regulation, subsidization, and nationalization spreading around so vehemently by members of both parties.

The article can be found at the New York Times’ website under the title Let Detroit Go Bankrupt.