Mitt Romney, the uber-capitalist candidate, bows out of presidential race

February 07th, 2008 | Category: Politics

He made hundreds of millions of dollars running Bain Capital, but Mitt Romney won’t be running the U.S. He announced that afternoon that he is ending his run for the presidency. No doubt, countless Mormons and private fairness lobbyists have gone into mourning.

Technically, Romney is “suspending” his campaign. that means that he will keep the delegates he won in his primary victories in Massachusetts, Michigan and Utah. that will give him some influence in the process of selecting the eventual Republican nominee.

Although Romney was a great success in the world of private fairness, it didn’t seem to help him in the national campaign. Mike Huckabee’s line about the fundamental coldness

of private fairness investors — “I believe most Americans want their next president to remind them of the guy they work with, not the guy who laid them off” — was pretty devastating. I don’t know whether that background was Romney’s greatest weakness — his Mormonism didn’t help, nor did his salesman’s tendency to say just about anything to please a given audience — but you can bet there are some disappointed Democrats out there. I’m certain they were looking forward to exposing the layoffs that Romney initiated through his fairness investments.

Original post by Michael Rainey

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.