Although he was nowhere close
to presidential materal, Mitt knows quite a bit about making money and economic matters. Yesterday, he came out against popular Pub policy, when he voiced his support of rasing the minimum wage.
Former Massachusetts Gov. Mitt Romney (R) has joined the cadre of Republicans supporting minimum wage increases.
“I, for instance, as you know, part company with many of the conservatives in my party on the issue of the minimum wage," Romney said in a Friday appearance on MSNBC's "Morning Joe."
This 'flies in the face' of loudmouth Rick Santelli (the anti-Obama loudmouth) on CNBC, The Financial Channel, who has been screaming (literally) about INFLATION for the last 6 years, cuz of the Fed policy of injecting stimulus into the economy, trying to keep it afloat after the disaster of the Bush years. If you were stupid enough to follow 'Screamin' Santelli's' advice, (which I'm sure several Conservative investors did) you would have gone bankrupt several times. Even today, if he were to be right, like a broken clock that's right twice a day, he could make a fortune betting on precious metals and other commodities that are inflation sensitve. A much larger problem, after the scare of 2008, is DEFLATION, with American families not producing children like their forebearers, and the Pubs fighting all immigration, while the economy needs the formation of new households. Bottom line, Mitt finally gets it, but the idiot Santelli still doesn't have a clue, just an audience of like-minded sheep who may be right SOME day, long after their money is gone. Good riddance.
Former Massachusetts Gov. Mitt Romney (R) has joined the cadre of Republicans supporting minimum wage increases.
“I, for instance, as you know, part company with many of the conservatives in my party on the issue of the minimum wage," Romney said in a Friday appearance on MSNBC's "Morning Joe."
This 'flies in the face' of loudmouth Rick Santelli (the anti-Obama loudmouth) on CNBC, The Financial Channel, who has been screaming (literally) about INFLATION for the last 6 years, cuz of the Fed policy of injecting stimulus into the economy, trying to keep it afloat after the disaster of the Bush years. If you were stupid enough to follow 'Screamin' Santelli's' advice, (which I'm sure several Conservative investors did) you would have gone bankrupt several times. Even today, if he were to be right, like a broken clock that's right twice a day, he could make a fortune betting on precious metals and other commodities that are inflation sensitve. A much larger problem, after the scare of 2008, is DEFLATION, with American families not producing children like their forebearers, and the Pubs fighting all immigration, while the economy needs the formation of new households. Bottom line, Mitt finally gets it, but the idiot Santelli still doesn't have a clue, just an audience of like-minded sheep who may be right SOME day, long after their money is gone. Good riddance.
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