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Mitt Romney

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Bain Capital and Romney delivered spectacularly well for their customers, better than other [private equity] firms that on average outperformed the public markets. Today, those customers include the California State Teachers’ Retirement System and the Teacher Retirement System of Texas.
--
Steven Kaplan (economist), quoted in Steven Kaplan (15 December 2011), "Romney Honed the Right Skills in Private Equity: Steven Kaplan", Bloomberg 

 
Mitt Romney

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[A way] one could repair Social Security . . . [would be to] gradually increase the retirement age. This does have a certain logic to it: the average American's life expectancy has risen by more than ten years since Social Security was created. Increasing the retirement age by even one or two years would help get the system closer to sustainability.

 
Mitt Romney
 

What is a system? A system is a network of interdependent components that work together to try to accomplish the aim of the system. A system must have an aim. Without an aim, there is no system. The aim of the system must be clear to everyone in the system. The aim must include plans for the future. The aim is a value judgment. (We are of course talking here about a man-made system.)

 
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All our confidence in our ability to act collectively is being undermined, with the subtext message Whatever it is, the private sector can do it better. Never mind that there's no evidence for this. Never mind, for instance, that the private US health-care system is 40 percent more expensive per capita than the Canadian public system, even though the Canadian system provides full coverage for all Canadians and the American system leaves some forty-three million without any coverage at all. This isn't because Canadians are smarter than Americans - it's because we have a public system and they don't.

 
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The Daily News ignores, as does the Fair Housing Act, the distinction between private and public property. Should it be prohibited for public, taxpayer-financed institutions such as schools to reject someone based on an individual's beliefs or attributes? Most certainly. Should it be prohibited for private entities such as a church, bed-and-breakfast or retirement neighborhood that doesn't want noisy children? Absolutely not. Decisions concerning private property and associations should in a free society be unhindered.

 
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“I don’t think you are actually retired,” Corvallis pointed out mildly.…
“It’s a selective retirement,” Richard explained, “a retirement from boring shit.”
“I think that’s called a promotion.”

 
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