Romney Should Stop Running from his Wealth

Obama operatives and willing members of the media are making a big issue of the fact that Mitt Romney hasn’t made public more than his most recent tax returns. This is pushing a campaign theme of theirs that Romney is super rich, with his offshore bank accounts and car elevators. They are trying to portray the President as some working class guy who understands you, and Romney is some rich guy who can’t relate. This argument should be revealed as the fraud that it is.

The President has an estimated net worth of roughly $10.5 million, while Mitt Romney’s wealth is over $200 million. The administration puts out proposals which treat anyone who earns $250,000 is the same as Warren Buffet. The same majority of Americans who lump these two groups together would probably consider both candidates rich. This information needs to be part of the public debate. The Obama campaign would be forced to argue that our guy is just rich, their guy is super rich. This distinction without a difference, in the eyes of most voters, should be exploited by the Romney campaign.

Mr. Romney has been running for president for 6 years, and the cat is out of the bag in terms of his wealth. Having run for this long, he should also be prepared to release at least that many years of returns. He should accompany this release of information with a speech that addresses the issue. Leaking to the press what the speech is about should even get liberal media outlets to cover it. MSNBC headline… “Up next…Mitt Romney comes clean on his wealth.”

During the speech he should confirm the rumor that he is rich. He should repeatedly refer to the president and himself as “members of a fortunate group of Americans, part of the 1%, two of a kind, etc.” He should make it clear that Americans like himself and the President, have a special obligation to give something back to the country that has made each of them members of the top 1%. The speech should then be capped off by a promise that he will donate his entire salary when he becomes President to charity. To go further, he should suggest that when he is convinced that taxpayer money is being spent wisely, and without waste, he will donate his salary to paying down the national debt.

This should accomplish a few things, all of them good.

  • It will take the issue of “what is Romney hiding” off the table.
  • Romney’s charitable donations of over $3 million per year will be highlighted.
  • It will help frame the President as also in the wealthy 1% category with Mr. Romney, neutralizing the issue.
  • It will generate a belief that the President is a hypocrite.
  • There may be some foolish media types who will try to explain how Mr. Obama’s $10 million is not rich. This is a winning discussion for the Romney campaign.
  • It will generate questions for Mr. Obama about why he doesn’t donate his salary.
  • It will highlight the huge debt that the President has presided over.
  • It brings attention to government inefficiency, which plays into Romney as a “Mr. Fix-it” such as his work at Bain Capital, rescue of the Salt Lake City Olympics, etc.

It is proper to concentrate on the economy, but sidetrack issues must be addressed as well. There are so many false and misleading statements that are put out by the Obama campaign, which are easy to turn against them. For Mr. Romney to be successful he must respond, and turn these issues to his advantage.

Author Bio:

Michael has been an editor and contributor at the website www.freemarketsfreepeople.net for over 2 years. He has over 20+ years of diverse business experience, from running complex operations where he managed hundreds of people, to starting and running small businesses such as www.realinterestfund.com. He is blessed, or perhaps cursed, with a logical mind which he uses to analyze government, media, politics, and culture. He believes that his life experiences help him bring a unique perspective to the issues of the day.
  • ph16

    I always wondered how people think the liberal rich are more “in touch” than the conservative rich. As far as I know, they both live the same lifestyles generally.

  • http://profiles.yahoo.com/u/PPL2AXPXJMWPEJWFN34MPC5RNY terry

    IF ROMNEY IS RUNNING AWAY FROM HIS MONEY,  I’LL RUN TO IT.

  • Venter

    I am  so sick of this class warfare.  In America the home of opportunity we are all rich .  You can obtain as much  wealth as you want with a little hard work and dreams that you don’t let go of.  Mitt should not hide from is wealth.
      Also off shore accounts are probably owned by everyone who has money in the bank , in C.Ds., annunities, bonds, etc.  your  deposited money could be in vested in foreign stocks. 
    Also doesn’t govenment take tax dollars and invest it in countries that hate us   Lets look beyond the liberals out of joint noses

  • http://shawmut.blogspot.com/ Dave O’Connor

    What I find so ironic (I almost used “amusing”) is that a ‘nouveau riche’ puppet would even dare to identify himself with those who earned their way.
    While Romney may well have expanded fortune, he’s done more than the guy who expounds on it.

     

  • Haroldpjaffe

    Romney is rich. So what. He should be proud of it. Did Obama release everything to the public when questioned. We never saw anything about his schooling even to this date.  How about his birth records.  Where was he actually born. Nothing was released until the  public called for it. 

  • Dave

    This president was elected on the premise of hope & change. At the very least i personally expected him to bring our nation closer together to focus on problems. We are more seriously divided today than 4 years ago. With very little hope.

    I for one am disappointed.

    Ed lloyd

    Time to build a moat

    • Rsl3gs

       When will people that building moats cost money.  This isnt the problem.
      Why should we have to listen to your music, all the time.

      Turn down the music and we will all get along in harmony.

      Brin M

      • Denise

         I AGREE  moats can only do so much. What we need is a review of state employees for instances of fraud and non performance.

        Denise I

  • MCH

    I agree with you.
      Before Mitt starts any speech he  should say “Before I go on  I know you know I am super rich and the President is very rich (your line). Now having said that I want to talk about the economy, jobs, health care and  stopping the growth of government .(which means Taxes ). I want to fix these problems so  you all will  have more of your money for your future and you too will be  rich ,When I am president I will  help the  American dream be there for everyone like it was there for President Obama and Me.”

    Mitt is classy rich and the liberals are so jealous. I am so sick of this class warfare.  GO Mitt get another jet ski because I will also get one someday. That’s American!

    • http://shawmut.blogspot.com/ Dave O’Connor

      You touched upon the compelling word that motivates liberals “JEALOUS”.

  • CCNV

    I believe the American public is still waiting for obaMAO to produce some documents, as well.