if mitt romney went to the head honchos of various institutions on wall street and said to them, balance your budget or go home, what would they say to him? balance or budget? i mean, it s that s what he says. i understand. i heard him say it. and it means nothing. when you buy when you re a private equity guy and you leverage a company to the hilt, i defy you to show me ten private equity companies companies that have been taken private by private equity companies, that have positive net income. they have huge negative net income because they have so much debt and interest expense related to that debt that they re taking huge losses, but it s not about the losses, you know, for them to make money, as you pointed out in the opening here, it s about paying down the debt, reducing the interest expense, in fact, cutting employment, cutting expenses, and regaining, eventually, profitability, so you can take it public and sell it to somebody else. so when mitt romney stands
i.r.s. will not hand out coffee mugs with smiley faces and fema will not reimburse employees for downloading pornography at work. give the beleaguered president respect. he built momentum to get to bigger things. first of all. he got somebody to partner with rick perry who can remember the name. he is a millionaire and we don t have to pity his poverty. he s trying to make a good faith effort in cutting expenses. i agree with bill. but this is straining at gnats while swallowing camels. i don t care if it is a dollar wasted in taxpayer money. solyndra is going to create 15 permanent yobs and key stone pipe line project would have created 7000 to 20,000 jobs. and so why are we stopping that project and giving it to
it s 999 as i understand it. it seems to me, even that somebody may embrace your idea, is that there is such a distrust of congress and you create a new tax, a national sales tax. most people are scared to death of congress. even congresswoman bachmann talked about the fact, you give it to congress, it s 999 this year and it s 9-9-15 next year. that is the difference between someone like me who is not afraid to lead. 999 is going to pass and as president i m not going to sign legislation that is going raise that number. secondly, the reason they are afraid that the number might get pushed up is because they are politicians. they are not serious about cutting expenses. i m serious about cutting expenses in washington, d.c.
it s 999 as i understand it. it seems to me, even that somebody may embrace your idea, is that there is such a distrust of congress and you create a new tax, a national sales tax. most people are scared to death of congress. even congresswoman bachmann talked about the fact, you give it to congress, it s 999 this year and it s 9-9-15 next year. that is the difference between someone like me who is not afraid to lead. 999 is going to pass and as president i m not going to sign legislation that is going raise that number. secondly, the reason they are afraid that the number might get pushed up is because they are politicians. they are not serious about cutting expenses. i m serious about cutting expenses in washington, d.c.
democrats have given on cutting expenses. looking at the continuing resolution this year. they understand the need to get spending under control. republicans have to meet us halfway. there s no way around it. i think what they should take some comfort in is people in this district are not afraid to say that the wealthiest in the country when times are tough should pay their fair share and pay the taxes like they were in the clinton era when last i checked things were prosperous here. and people are looking at your win last night in the way that you have explained the issues in the race leading up to last night and frankly the way that you are explaining them right now, a lot of people are wondering if when you get to washington, you are going to have your eyes on potentially taking some sort of national leadership role with the democratic party and if you have ambitions of altering the party s course in any way once you are here, and if you have any plans like that that you d like to