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| | '''Willard "Mitt" Romney''' (born March 12, 1947), former Republican governor of Massachusetts and wealthy U.S. businessman, is best-known for his run as a serious contender during the [[2008 Presidential Election]]. He lost the nomination but if he had been elected, he would have become the first [[Mormon]] president. His father [[George Romney]], a governor of Michigan, was a potential candidate in the 1960s. | | '''Willard "Mitt" Romney''' (born March 12, 1947), former Republican governor of Massachusetts and wealthy U.S. businessman, is best-known for his run as a serious contender during the [[2008 Presidential Election]]. He lost the nomination but if he had been elected, he would have become the first [[Mormon]] president. His father [[George Romney]], a governor of Michigan, was a potential candidate in the 1960s. |
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| − | Before entering politics Romney was an established businessman in Boston, having served as CEO of Bain & Company, a management consulting firm. His political start began during the financially unsteady 2002 Winter Olympics. Romney became President and CEO of the Salt Lake Organizing Committee and quickly made the games a huge success. He gained popularity in Massachusetts, a state known for its tepid [[Republican]] support, and became governor in 2002. His record as governor demonstrated his financial skill, but often was at odds with the state's voters on social issues. | + | Before entering politics Romney was an established businessman in Boston, having served as CEO of Bain & Company, a management consulting firm. His political start began during the financially unsteady 2002 Winter Olympics. Romney became President and CEO of the Salt Lake Organizing Committee and quickly made the games a huge success. He gained popularity in Massachusetts, a state known for its tepid [[Republican]] support, and was elected governor in 2002. His record as governor demonstrated his financial skill, but often was at odds with the state's voters on social issues. |
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| | During his campaign for the Republican nomination in 2008, Romney was widely supported as a staunch conservative and ran on his business experience in the private sector. Romney fought a rough battle against Senator [[John McCain]] in Florida, Michigan, and other key states, but large losses on the Super Tuesday primaries ended his campaign. Romney dropped out of the race and endorsed Senator John McCain on February 14, 2008. His name was circulated as a potential running mate for McCain as their relationship improved. | | During his campaign for the Republican nomination in 2008, Romney was widely supported as a staunch conservative and ran on his business experience in the private sector. Romney fought a rough battle against Senator [[John McCain]] in Florida, Michigan, and other key states, but large losses on the Super Tuesday primaries ended his campaign. Romney dropped out of the race and endorsed Senator John McCain on February 14, 2008. His name was circulated as a potential running mate for McCain as their relationship improved. |
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| | From 1978 to 1984, Romney was a vice president of Bain & Company, Inc. a worldwide management consulting firm, and in 1984, Romney co-founded a spin-off called Bain & Company. He invested in or bought many well-known companies such as Staples, Brookstone, Domino's, Sealy Corporation and Sports Authority. Critics say he advised corporations to cut their U.S. taxes by reincorporating in Caribbean tax havens such as the Caymen Islands, while maintaining their operations in the U.S. | | From 1978 to 1984, Romney was a vice president of Bain & Company, Inc. a worldwide management consulting firm, and in 1984, Romney co-founded a spin-off called Bain & Company. He invested in or bought many well-known companies such as Staples, Brookstone, Domino's, Sealy Corporation and Sports Authority. Critics say he advised corporations to cut their U.S. taxes by reincorporating in Caribbean tax havens such as the Caymen Islands, while maintaining their operations in the U.S. |
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| − | ==Governorship of Massachusetts== | + | ==Governor of Massachusetts== |
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| − | [[Image:Romneygovernor.jpg|right||thumb|250px|Governor Romney's 2006 State of the State Address.]] Romney served one term as governor of Massachusetts (2003-2007), with a generally [[conservative]] record that included economic expansion. He balanced the budget every year of his administration with out increasing taxes or increasing state dept. Romney closed a $3 billion budget gap by reducing government spending and created 60,000 new jobs. In 2004, 2005, and 2006 Governor Romney proposed cutting the state income tax from 5.3% to 5.0% <ref>http://www.clubforgrowth.org/2007/08/mitt_romneys_record_on_economi.php</ref>. Although the Democratic super majority in the state legislator refused to budge. Romney vetoed an increase in the minimum wage, saying "there's no question raising the minimum wage excessively causes a loss of jobs." <ref>Telegram & Gazette, 08/01/06</ref> Under Governor Romney the state abolished a retroactive capital gains tax that would have forced nearly 50,000 taxpayers to pay additional taxes and fees. <ref>http://www.americansformitt.com/</ref> Massachusetts Citizens For Limited Taxation Executive Director Barbara Anderson praised Romney, saying "There was no one else out on the horizon and with the legislature almost entirely Democratic, we felt it was necessary to have a grown-up in the corner office. … And we were right to back him. He's been a really good friend to the taxpayers." | + | [[Image:Romneygovernor.jpg|right||thumb|300px|Governor Romney's 2006 state of the state address]]Romney served one term as governor of Massachusetts (2003-2007), with a generally [[conservative]] record that included economic expansion. He balanced the budget every year of his administration with out increasing taxes or increasing state dept. Romney closed a $3 billion budget gap by reducing government spending and created 60,000 new jobs. In 2004, 2005, and 2006 Governor Romney proposed cutting the state income tax from 5.3% to 5.0% <ref>http://www.clubforgrowth.org/2007/08/mitt_romneys_record_on_economi.php</ref>. Although the Democratic super majority in the state legislator refused to budge. Romney vetoed 844 pieces of legislation, with over 700 overridden. <ref>http://www.ontheissues.org/Governor/Mitt_Romney_Government_Reform.htm</ref> He vetoed an increase in the minimum wage, saying "there's no question raising the minimum wage excessively causes a loss of jobs." <ref>Telegram & Gazette, 08/01/06</ref> Under Governor Romney the state abolished a retroactive capital gains tax that would have forced nearly 50,000 taxpayers to pay additional taxes and fees. <ref>http://www.americansformitt.com/</ref> Massachusetts Citizens For Limited Taxation Executive Director Barbara Anderson praised Romney, saying "There was no one else out on the horizon and with the legislature almost entirely Democratic, we felt it was necessary to have a grown-up in the corner office. … And we were right to back him. He's been a really good friend to the taxpayers." |
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| − | However, some of the actions Governor Romney took received criticisms from conservatives, such as supporting moderate fee increases and creating and the nation's first universal [[health care]] program. During his 2002 gubernatorial campaign Romney supported [[abortion]], his views evolved and would later take [[pro-life]] positions such as vetoing emergency contraception and vetoing [[stem-cell research]] that would allow cloning of human embryos. In 2006, Governor Romney testified before the [[United States]] [[Senate]] to support the Federal Marriage Amendment, which would limit marriage to one man and one woman. Additionally, Romney filed legislation to reinstate capital punishment, but was defeated in the Massachusetts House of Representatives on a 99-53 vote. | + | However, some of the actions Governor Romney took received criticisms from conservatives, such as supporting moderate fee increases and creating and the nation's first universal [[health care]] program. During his 2002 gubernatorial campaign Romney supported [[abortion]], his views evolved and would later take [[pro-life]] positions such as vetoing emergency contraception and vetoing [[stem-cell research]] that would allow cloning of human embryos. In 2006, Governor Romney testified before the [[United States]] [[Senate]] to support the Federal Marriage Amendment, which would limit marriage to one man and one woman. Additionally, Romney filed legislation to reinstate [[capital punishment]], but was defeated in the Massachusetts House of Representatives on a 99-53 vote. |
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| | On [[Education]] Romney called for the privatization of the University of Massachusetts medical school<ref>Telegram & Gazette, 02/27/03</ref>. In 2004, he established the John and Abigail Adams Scholarship Program, which rewarded the top 25 percent of Massachusetts high school students with tuition-free scholarship to any Massachusetts public [[university]] or [[college]]. | | On [[Education]] Romney called for the privatization of the University of Massachusetts medical school<ref>Telegram & Gazette, 02/27/03</ref>. In 2004, he established the John and Abigail Adams Scholarship Program, which rewarded the top 25 percent of Massachusetts high school students with tuition-free scholarship to any Massachusetts public [[university]] or [[college]]. |