I have never liked Mitt Romney, I have always thought him to be an empty suit--all hat and no cattle-- but this campaign has shown his real colors. He is a selfish, uncaring man who doesn't care for his fellow man (and certainly not women!) Just watch this tape. It is no wonder the story won't die.
Mother Jones has been doling out Romney outrageous statements one by one before releasing the complete tape. But at mark 4:30 he makes a comment that is so revealing of his character that I am astonished it is getting no coverage. He cannot imagine making a self-sacrifice to help his brother.
What that follows is baldfaced lies about not inheriting anything from his or his wife's dads. He follows that with clueless comments about working conditions at a Chinese factory purchased by Bain.
And Ann's dad, my wife's dad, was born in Wales. His dad was a coal miner. This coal miner got injured in a coal mining accident; realizing that there was no future there for him or his four children, he came to Detroit and worked in the auto factories until he could save enough money to bring his kids over, which he did. And then they got together as a family and said, you know, to be successful in America, you've got to get an education. And they couldn't afford an education. And the kids and the parents said you know, if we all work, and we all save, we could afford to send one of us to college. And they, they sent my wife's dad.
Can you imagine working every day, taking a couple of jobs, saving your money so that your brother could go to—I mean, I would never do that for my brother—that he could go to co…so he went to college, and got a degree at the General Motors Institute of Technology, which is one of these programs where you work a semester, and then you go to school a semester and…and then after it was over he started a little company, he became more successful, and he was able to hire his brothers and his brother-in-law, and provide for them in an extraordinary way.
By the way, both my dad and Ann's dad did quite well in their life, but when they came to the end of their lives, and, and passed along inheritances to Ann and to me, we both decided to give it all away. So, I had inherited nothing. Everything that Ann and I have we earned the old-fashioned way, and that's by hard work and…[applause] I see that—I say that because there's the percent that's, "Oh, you were born with a silver spoon," you know, "You never had to earn anything," and so forth. And, and frankly, I was born with a silver spoon, which is the greatest gift you could have, which is to get born in America. I'll tell ya, there is—95 percent of life is set up for you if you're born in this country. And I remember going to—sorry just to bore you with stories—but I was, when I was back in my private equity days, we went to China to buy a factory there, employed about 20,000 people, and they were almost all young women between the ages of about 18 and 22 or 23. They were saving for potentially becoming married, and they worked in these huge factories, they made various small appliances, and as we were walking through this facility, seeing them work, the number of hours they worked per day, the pittance they earned, living in dormitories with little bathrooms at the end with maybe ten rooms. And the rooms, they had 12 girls per room, three bunk beds on top of each other. You've seen them.
And around this factory was a fence, a huge fence with barbed wire, and guard towers. And we said, "Gosh, I can't believe that you, you know, you keep these girls in." They said, "No, no, no—this is to keep other people from coming in. Because people want so badly to come work in this factory that we have to keep them out, or they'll just come in here and start working and try and get compensated. So, we—this is to keep people out." And they said, "Actually, Chinese New Year, is the girls go home, sometimes they decide they've saved enough money and they don't come back to the factory." And he said, "And so on the weekend after Chinese New Year, there'll be a line of people hundreds long outside the factory, hoping that some girls haven't come back and they can come to the factory. And so, as we were experiencing this for the first time, for me to see a factory like this in China some years ago, the Bain partner I was with turned to me and said, "You know, 95 percent of life is settled if you're born in America." This is an amazing land. And what we have is unique, and fortunately it is so special we're sharing it with the world. I'm concerned about the future, but also optimistic as I said, and I look forward to getting America back on track, and having people plan on bringing their ideas and their dreams to this country. We get big dreamers, by the way. Oh, I just, we didn't talk about immigration today. Gosh, I'd love to bring in more legal immigrants that have skill and [unintelligible]. I'd like to staple a green card to every Ph.D. in the world and say, "Come to America, we want you here." Instead, we make it hard for people who get educated here or elsewhere to make this their home. Unless, of course, you have no skill or experience, in which case you're welcome to cross the border and stay here for the rest of your life. [Audience laughs.] It's very strange. It's run by people who don't understand the words "global competition of ideas," and our idea has to win, but only if America reigns strong. But with that introduction, I'm going to turn to you for counsel, advice, or questions. Policy questions. Wanna talk about tax policy? Or political questions? How I win? Please.