Let Tagg Go Bankrupt

Tagg Romney is bringing Daddy Mitt Moneybags on to run his company, one week out of every month.

Bailout, thy name is Romney.

Mitt Romney had the good fortune to never have to worry about student loans while attending some of the most expensive schools in America.

Romney later had a comfortable jump start in the working world thanks to his father giving him millions.

There’s nothing wrong with the old man bailing you out if your family can afford it (mine certainly couldn’t), but when you ignore the fact that your own life was one big free ride, and then you lecture others about “self reliance,” it makes you a bit of a fraud, in addition to an obnoxious jerk.

You see, in Romney-land, which is really just a suburb of GOP-land, if you’re a worker at GM or another big company that’s in trouble, you need tough love, not a bailout. In the Republican mindset, anyone who needs help is part of the socialist 47% that wants free stuff.

That is, unless you’re family.

tagg-romney

Entitled young socialist.

For Mitt Romney’s son Tagg “Ponzi Scheme” Romney bailouts make sense because Tagg’s last name is Romney.

Let me remind you of Mitt Romney’s infamous 47% comments:

There are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that’s an entitlement. And the government should give it to them. And they will vote for this president no matter what…These are people who pay no income tax.Romney went on: “[M]y job is is not to worry about those people. I’ll never convince them they should take personal responsibility and care for their lives.”

Dependent on daddy?  Check.
Believe they are victims? Check.
Daddy has a responsibility to care for them? Check.
Believe they are entitled to daddy’s help? Check.

As a businessman myself, Tagg’s bailout makes me wonder whether nobody else would work for Tagg since they would either want to run Tagg out the door, or they would want to be paid too much.  Daddy-ums, on the other hand, has a magic Rolodex.

Bailouts for the 1% are so much more agreeable than bailouts for the 47%, don’t you think?


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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