Businesses Ask Romney To Stop Calling Them Failing

Presidential candidate Mitt Romney has made the economy his number one talking point.† But not everyone being included in his campaign events wants to be a part of it.† In fact, some business are asking Romney to please leave them out of his “economic disaster” tour.

Via Talking Points Memo:

Victor Veireck, president of the local Chamber of Commerce, told TPM that Romney’s account of the site was simplistic even while he agreed with his larger assessment of the national economy. He blamed a host of factors, mostly local, but none more significant than the quake.

“There’s more to Valley Plaza than just the national situation, there were other things involved and it was not a thriving plaza before the economic collapse,” Veireck said. “It was more the earthquake that — I hate to say — shook things up.”

And contrary to Romney’s assertion that development is dead at the site, iStar is working on a new investment in the location that they plan to debut in the next several months. Nor do they sound too pleased with the area’s portrayal as a helpless victim of the economy: Sugarman’s company put out a response to Romney’s press conference pledging to turn Valley Plaza into an “economic engine” through “considerable investment in a modern, quality project” at the site. The company’s stock has shot up over the last year.

Democratic City Councilman Paul Krekorian held a counter-event at the site to slam Romney for belittling the area’s ongoing “economic revitalization.”

“For Mr. Romney, Valley Plaza is just an easy backdrop for a cheap photo op,” he said in a statement. “Even as Mr. Romney is dropping in to preen for the cameras, the new owner of Valley Plaza is hard at work preparing plans for a major new development on this site – a significant long-term investment in the bright future of North Hollywood.”

It must get harder to view Romney as an expert on the economy when he’s not even an expert on the situations involved in his own campaign events.


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Richard A
Richard A1 months ago

If there is one thing that Romney knows about it is failing businesses.
His company, Bain Capital, was in business just to make sure that companies failed.
Vulture Capitalism is Romney's specialty.
Mitt Romney is heartless.
Refer to the steel industry in the USA, among manufacturing businesses and jobs for proof.

Danuta W
Danuta W2 months ago

thanks for sharing

W. C
W. C2 months ago


William C
William C2 months ago

Thank you for the information..

Victoria M.
Past Member 6 years ago

“Even as Mr. Romney is dropping in to preen for the cameras..."

there it is.

Ernie Miller
william Miller6 years ago


Sound Mind
Ronald E6 years ago

Just another in a long line of GOP jokes.

Patti T.
P T6 years ago

It's Hard to Imagine Romney 'Expert' on A LOT of things!!!!

Alberta Gentleman

Interesting. Thanks.

Rob K.
Rob Keenan6 years ago

Currently,Steve, I live in Western Washington. On the East side of the state ,on the Columbia River is the massive Grand Coolee Dam.Again because private business didn't have the capital for this undertaking,Federal funding was required,with which private contractors constructed the dam,creating thousands of jobs.And the water projects that resulted from this to this day provide the irrigation that allows crops to be grown in this dry region,(including hops for my favorite micro brew ales). The same with our interstate highway systems Countless jobs could still be created the same way,by creating green energy systems,and a nationwide green transportation system,that is unlikely to happen via private capital. Instead ,Steve R.,in the name of deficite reduction ,we are being transformed from a can do nation,to a can't do one,which will take us down the road to becoming just another third world country.