Friday, April 27, 2012

You can rely on the old man's money

This is so helpful. Willard Romney tells the young foks how to succeed in life:
If you’re young and you want to start your own business, Mitt Romney’s has some advice from you: Borrow money from your parents. At a “lecture” for students at Otterbein University in Ohio today, Mitt Romney told students that, his friend, Jimmy John, started a business by borrowing $20,000 from his parents at a low interest rate. Romney suggested anyone in the audience could do the same:

This kind of devisiveness, this attack of success, is very different than what we’ve seen in our country’s history. We’ve always encouraged young people: Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business.
Or you could, you know, sell the stocks your grandpa left you, or some tough choice like that. Just don't expect big government to force you into the indignity of an affordable student loan.

I'm pretty sure this is how glibertarians pull themselves up by their own little bootstraps too. [Video at the link]

[More posts daily at the Detroit News.]

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