Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (20531)	1/23/2008 9:42:55 AM
From: Ann Corrigan	Read Replies (2) \| Respond to of 224750

Romney pins Republican campaign hopes on business experience By Brian Knowlton and Elisabeth Bumiller internationalheraldtribune.com Published: January 22, 2008 WASHINGTON: Amid extraordinary global financial turmoil and increasing competition among American presidential candidates to offer economic stimulus plans, Mitt Romney played what he sees as his strongest card Tuesday, focusing on the economy and displaying his business experience. Romney, a former venture capitalist and the Republican presidential contender with the most experience in the business world, commented on U.S. banks. "We have to make sure these institutions have sufficient capital," he told Reuters. The former Massachusetts governor said he saw a worrying trend as growing numbers of U.S. banks sought capital offshore. A "solvency crisis," he said, was "obviously a very fearful perspective and hopefully one that does not rear its ugly head in reality." But, Romney added, "people are talking about institutions having difficulty maintaining their level of capital." Romney has retooled his campaign to emphasize nearly 25 years of business experience. He made a fortune at Bain Capital, a Boston-based private equity firm. He made his comments as the Republican presidential candidates began grappling with the complicated electoral landscape of Florida, making appeals from Little Havana in Miami to the racetrack in Daytona Beach. One major development jolted the field, just eight days before the state's Republican primary: Two new polls suggested that Rudolph Giuliani might be losing what had been a huge edge in his home turf, New York, to Senator John McCain. Giuliani was forced to explain the results at an impromptu news conference at the Daytona 500 racetrack. "For us, it's Florida," he said, grinning broadly and shrugging off the polls. Another poll Monday showed Giuliani slightly trailing both McCain and Romney in Florida, a state that Giuliani has declared to be his fortress. "We fully expect it to be awfully competitive," Giuliani said of Florida, where he was campaigning for the 49th day. "So it's playing out the way we thought it would play." Romney campaigned Monday at a Martin Luther King Jr. birthday parade in Jacksonville, where he posed with a group of young African-Americans and, in an apparent reference to a 2000 hit song, jokingly said, "Who let the dogs out?" Later, shaking hands in the crowd, he said, "Oh, you've got some bling-bling here," a reference to the jewelry some wore. In Miami earlier Monday, McCain arrived to salsa music at the Versailles restaurant in Little Havana, downed a cortadito - a shot of espresso with steamed milk - and appealed to the state's powerful Cuban-American population. "We come into Florida with some wind in our back and recognize we have some hard campaigning in the next eight days," McCain said at a packed news conference. McCain was flanked by three influential supporters who are also Cuban-American members of Congress: Representatives Lincoln Diaz-Balart, Mario Diaz-Balart and Ileana Ros-Lehtinen, all of Miami. Lincoln Diaz-Balart, who is Mario Diaz-Balart's brother, introduced McCain to the crowd at the news conference only in Spanish. Michael Powell contributed reporting from Daytona Beach, Florida, and Dennis Blank from Orlando.