Michael Gaynor
Mitt Romney: best choice in 2008 and now
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By Michael Gaynor
October 13, 2011

For President, Make It Mitt. He's The Best Fit.

After listening to New Jersey Governor Chris Christie endorse Mitt Romney and watching Romney become the standout in the Republican presidential candidates debate hosted by Bloomberg News, it seems obvious that Romney should be the next President and is the strongest candidate that Republicans can nominate. Other Republican hopefuls made good points, but Romney is best prepared for the tasks of winning the 2012 presidential election AND doing what the President of the United States needs to do to return to America's founding principles and the unparalleled prosperity they brought.

President of the United States is not the position for on-the-job training.

President Obama has demonstrated that.

If Romney had been elected President in 2008, America would be ever so much better off than it is today and the world would be more stable and safer.

America needs a President with great character and intelligence and executive experience in both business and government.

Romney is the total package.

What I wrote in January 2008, in "The case for Mitt Romney: economy, judges," remains true:

"When it comes to the economy and judges, Mitt's the One!

"Bad economic news highlights the need for a President with the credentials of Mitt Romney....

"With the economy front and center now, Mitt is especially preferable.... For President, Make It Mitt. He's The Best Fit.

"National Review: 'Romney is an intelligent, articulate, and accomplished former businessman and governor. At a time when voters yearn for competence and have soured on Washington..., Romney offers proven executive skill. He has demonstrated it in everything he has done in his professional life, and his tightly organized, disciplined campaign is no exception. He himself has shown impressive focus and energy.'

"As the late President Reagan said, 'Facts are pesky things.'"

"Mitt Romney (1) attended Brigham Young University and graduated as valedictorian, earning a Bachelor of Arts degree summa cum laude in 1971 and graduated from a joint Juris Doctor/Master of Business Administration program coordinated by Harvard Law School and Harvard Business School cum laude from his law school and as a Baker scholar (signifying the he was in the top 5% of his class) in his business school in 1975.

"Mitt's business success was phenomenal.

"Wikipedia:

"'After graduation, Romney remained in Massachusetts and went to work for the Boston Consulting Group, where he had interned during the summer of 1974. From 1978 to 1984, Romney was a vice president of Bain & Company, Inc., another management consulting firm based in Boston. In 1984, Romney left Bain & Company to co-found a spin-off private equity investment firm, Bain Capital. During the 14 years he headed the company, Bain Capital's average annual internal rate of return on realized investments was 113 percent, making money primarily through leveraged buyouts. He invested in or bought many well-known companies such as Staples, Brookstone, Domino's, Sealy Corporation and Sports Authority.

"'In 1990, Romney was asked to return to Bain & Company, which was facing financial collapse. As CEO, Romney managed an effort to restructure the firm's employee stock-ownership plan, real-estate deals and bank loans, while increasing fiscal transparency. Within a year, he had led Bain & Company through a highly successful turnaround and returned the firm to profitability without layoffs or partner defections.'

"No wonder Mitt shares the late President Reagan's optimism....

"His personal fortune made, Mitt left Bain Capital in 1998 to head the 2002 Salt Lake City Olympic Games Organizing Committee and used his terrific turnaround skills to save the day.

"Wikipedia:

"'In 1999, the event was running $379 million short of its revenue benchmarks. Plans were being made to scale back the games in order to compensate for the fiscal crisis. The Games were also damaged by allegations of bribery involving top officials....

"'On February 11, 1999, Romney was hired as the new president and CEO of the Salt Lake Organizing Committee. Romney revamped the organization's leadership and policies, reduced budgets and boosted fundraising. He also worked to ensure the safety of the Games following the terrorist attacks of September 11, 2001 by coordinating a $300 million security budget. Despite the initial fiscal shortfall, the Games ended up clearing a profit of $100 million, not counting the $224.5 million in security costs contributed by outside sources.

"'Romney contributed $1 million to the Olympics, and donated the $825,000 salary he earned as President and CEO to charity. He wrote a book about his experience titled Turnaround Crisis, Leadership, and the Olympic Games."

"Then there is the matter of judges and the need to undo the great damage done by judicial activists who disregarded the law, including the Constitution, and did what they wanted to do instead of what a judge is supposed to do."

"In his sensational 'Faith in America' speech, Mitt emphasized the importance of judges who share basic American values: 'We should acknowledge the Creator as did the Founders — in ceremony and word. He should remain on our currency, in our pledge, in the teaching of our history, and during the holiday season, nativity scenes and menorahs should be welcome in our public places. Our greatness would not long endure without judges who respect the foundation of faith upon which our constitution rests. I will take care to separate the affairs of government from any religion, but I will not separate us from 'the God who gave us liberty.'"

"National Review is right:

"'Romney is a full-spectrum conservative: a supporter of free-market economics and limited government, moral causes such as the right to life and the preservation of marriage, and a foreign policy based on the national interest.'"

It's true that Romney and Herman Cain were not always conservative. These good, observant, thoughtful men learned. Cain left "the Democrat plantation" and Romney became more conservative. These are developments to be celebrated, not cause for criticism.

© Michael Gaynor

 

The views expressed by RenewAmerica columnists are their own and do not necessarily reflect the position of RenewAmerica or its affiliates.
(See RenewAmerica's publishing standards.)

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Michael Gaynor

Michael J. Gaynor has been practicing law in New York since 1973. A former partner at Fulton, Duncombe & Rowe and Gaynor & Bass, he is a solo practitioner admitted to practice in New York state and federal courts and an Association of the Bar of the City of New York member... (more)

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