Mitt Romney Says to College Students: "Just Borrow Money from your Parents" (user search)
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  Mitt Romney Says to College Students: "Just Borrow Money from your Parents" (search mode)
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Author Topic: Mitt Romney Says to College Students: "Just Borrow Money from your Parents"  (Read 9687 times)
Inverted Things
Avelaval
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Posts: 1,305


« on: April 27, 2012, 11:50:06 PM »

Boy... Sure is hackish in this thread.  His message is actually a really good one: take risks while you're young.

He mentioned borrowing a bit of money to start a business.  Question: where can a recent grad get a business loan?  The bank?  Don't make me laugh.  Credit cards?  Sure, but that's really stupid.  Therefore, borrow from parents.

Doesn't need to be much either: $500 from my parents was enough to start my first business, and I was able to pay that back in three months.  Borrowed another $1500 recently for my next venture, and am making some excellent progress.  (See, I have to keep starting businesses 'cause I can't find a job and I have a four-year-old who I legally have to feed from time to time...)

Anyways, there are lots of very good reasons to rip on Romney.  I don't see where this is one of them...  He was making a suggestion that was well-suited to the audience he was addressing.
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Inverted Things
Avelaval
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Posts: 1,305


« Reply #1 on: April 28, 2012, 02:56:12 PM »

About the only licit business that I can imagine someone now stating [sic] on $500 is a food cart or door-to-door selling.

And that shows your lack of imagination.  Also bear in mind that virtually all of these college students already own computers, and many already own decent suits.
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