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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Middlesex Truck & Coach backstory
The Middlesex Truck & Coach backstory
By Steve Benen
Since Tuesday, Mitt Romney and his campaign team have tried to push a simple argument: businesses' success is the result of private-sector dynamism, not government. It's a campaign offensive based entirely on an out-of-context quote from President Obama, which Romney happens to agree with.
But a curious thing happened yesterday when the Republican appeared at a Massachusetts business in order to really drive the point home.
Maloney added, in reference to his business, "The government didn't help -- at all."
But as it turns out, the backstory for Middlesex Truck & Coach is a little more complicated. Maloney later told the local CBS affiliate that he didn't have the capital to get his business off the ground, so he relied on an industrial-revenue bond through the government, giving the small business a low-interest loan that made the shop possible.
In other words, hoping to prove government doesn't help make small businesses possible, Mitt Romney picked a small business that wouldn't exist were it not for government. Perfect.
- more -
http://maddowblog.msnbc.msn.com/_news/2012/07/20/12858218-the-middlesex-truck-coach-backstory
By Steve Benen
Since Tuesday, Mitt Romney and his campaign team have tried to push a simple argument: businesses' success is the result of private-sector dynamism, not government. It's a campaign offensive based entirely on an out-of-context quote from President Obama, which Romney happens to agree with.
But a curious thing happened yesterday when the Republican appeared at a Massachusetts business in order to really drive the point home.
"This is not the result of government," Romney told reporters, referring to Middlesex Truck & Coach after he toured the shop. "This is the result of people who take risk, who have dreams, who build for themselves and for their families."
Company owner Brian Maloney, 69, agreed with Romney's assessment. "I take umbrage at the suggestion that people don't start and build businesses," Maloney said. "I started out with 500 bucks and worked with my hands to afford grad school at night. My wife supported me. Started a little body shop and was able to bring together people, one at a time."
Company owner Brian Maloney, 69, agreed with Romney's assessment. "I take umbrage at the suggestion that people don't start and build businesses," Maloney said. "I started out with 500 bucks and worked with my hands to afford grad school at night. My wife supported me. Started a little body shop and was able to bring together people, one at a time."
Maloney added, in reference to his business, "The government didn't help -- at all."
But as it turns out, the backstory for Middlesex Truck & Coach is a little more complicated. Maloney later told the local CBS affiliate that he didn't have the capital to get his business off the ground, so he relied on an industrial-revenue bond through the government, giving the small business a low-interest loan that made the shop possible.
In other words, hoping to prove government doesn't help make small businesses possible, Mitt Romney picked a small business that wouldn't exist were it not for government. Perfect.
- more -
http://maddowblog.msnbc.msn.com/_news/2012/07/20/12858218-the-middlesex-truck-coach-backstory
Is this dolt, who secured a federal bailout (http://www.democraticunderground.com/1002962273) for the Olympics, and then proceeded to line his pockets (http://www.democraticunderground.com/1002971642) actually trying to claim government has no role helping businesses?
I mean, how does that square with his atttempt to take credit for the auto bailout? http://www.democraticunderground.com/1002622822
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The Middlesex Truck & Coach backstory (Original Post)
ProSense
Jul 2012
OP
Bluenorthwest
(45,319 posts)1. So Malone, like Romney, is a casual liar.
Mitt picked a business where the owner would gleefully lie and claim he did not get the help he gleefully took from we, the people.
ProSense
(116,464 posts)2. I suspect
"Mitt picked a business where the owner would gleefully lie and claim he did not get the help he gleefully took from we, the people."
...that's true of most Mitt supporters.