The Word - The Business End

  • Aired:  06/09/11
  •  | Views: 61,266

Mitt Romney knows how to treat America's sick economy with his business experience. (5:38)

JUST LIKE THEY HAVE SEX.

(LAUGHTER)

AND IF MITT ROMNEY DOES GET

THE NOMINATION, I WILL

SUPPORT HIM BECAUSE HE'S GOT

A BUILT-IN SELLING POINT.

AND IT'S THE SUBJECT OF

TONIGHT'S WORD.

(CHEERS AND APPLAUSE)

THE BUSINESS END.ñr

FOLKS.

THE ECONOMY IS TANKING AND

EVERYBODY KNOWS WHY.

BARACK OBAMA HAS FEWER

PEOPLE PRIVATE SECTOR

BUSINESS EXPERIENCE IN HIS

CABINET THAN ANY PRESIDENT

IN A HUNDRED YEARS.

>> THIS PRESIDENT IS THE

MOST ANTI-BUSINESS PRESIDENT

WE'VE EVER HAD.

>> I THINK HE AND THOSE WHO

SURROUND HIM TO ADVISE HIM

DO NOT KNOW HOW TO RUN A

BUSINESS.

>> Stephen: YES, A PRESIDENT

NEEDS TO BE A GOOD

BUSINESSMAN.

LOOK AT LINCOLN.

HE HAD NO BUSINESS

EXPERIENCE, AND WHEN HE

MAN'S PATED THE SLAVES

UNEMPLOYMENT SHOT THROUGH

THE ROOF.

NOW MITT--

(LAUGHTER)

>> Stephen: MITT ROMNEY HAS

THE BUSINESS EXPERIENCE TO

LEAD USñr OUT OF THE OBAMA

SESSION BEFORE IT BECOMES A

FULL BLOWN OBAMA-PRESSION

AND WE ALL END UP

OBA-- BAMLESS LIVING IN THE

STREET BAMA.

>> I HELPED TURNED AROUND

BUSINESSES IN TROUBLE.

I ALSO AS YOU KNOW TOOK OVER

THE OLYMPICS WHEN THEY WERE

IN TROUBLE AND HELPED GET

THEM BACK ON TRACK.

>> PEOPLE SEE A GUY WHO HAS

BEEN A CAN-DO EXECUTIVE.

HE TURNED AROUND THE SALT

LAKE CITY OLYMPICS.

>> MITT ROMNEY, BUSINESS

LEGEND, RESCUED THE OLYMPICS.

>> Stephen: AND THOSE SALT

LAKE CITY WINTER OLYMPICS

ARE STILL GOING STRONG

TODAY.

BUT ROMNEY'S REAL CLAIM TO

BUSINESS FAME IS FOUNDING A

PRIVATE EQUITY COMPANY

CALLED BAIN CAPITAL.

WE WATCH MITT.

>> MY WORK LED ME TO BECOME

VERY DEEPLY INVOLVED IN

HELPING OTHER BUSINESSES

FROM START-UPS TO LARGE

COMPANIES THAT WERE GOING

THROUGH TOUGH TIMES.

SOMETIMES I WAS SUCCESSFUL

AND WE WERE ABLE TO HELP

CREATE JOBS.

OTHER TIMES I WASN'T.

>> Stephen: REFRESHING

HONESTY.

THERE'S YOUR CAMPAIGN SLOGAN.

ROMNEY 2012, SOMETIMES GOODÑi.

YOU SEE--

(LAUGHTER)

>> Stephen: ROMNEY MADE A

MITT-LOAD OF CASH USING

WHAT'S KNOWN AS A LEVERAGED

BUYOUT.

HE WOULD BUY A COMPANY WITH

MONEY BORROWED AGAINST THEIR

ASSETS, GROOM!| THEM TO BE

SOLD OFF, AND IN THE INTE

COLLECT HUGE MANAGEMENT

FEES.

ONCE MITT HAD CONTROL OF THE

COMPANY HE WOULD CUT

FRIVOLOUS SPENDING LIKE JOBS,

WORKERS, EMPLOYEES, AND JOBS.

JUST LIKE AMERICA'S

SWEETHEART, GORDON GEKKO.

>> WHY DO YOU NEED TO

RECOGNIZE THIS COMPANY.

>> BECAUSE IT'S WRECKABLE,

ALL RIGHT.

>> THESE PEOPLE LOSE THEIR

JOBS THEY GOT NOWHERE TO GO.

MY FATHER HAS WORKED THERE

FOR 24 YEARS.

I GAVE HIM MY WORD.

>> IT'S ALL ABOUT BUCKS, KID.

CAPITALISM-- .

>> Stephen: LIKE MANY

AMERICANS WHEN I SAW THAT

MOVIE I THOUGHT I WISH THAT

GUY WAS PRESIDENT.

(LAUGHTER)

>> Stephen: AND EIGHT YEARS

LATER,.

>> I AM THE PRESIDENT.

(APPLAUSE)

(CHEERS AND APPLAUSE)

>> Stephen: AREN'T YOU READY

FOR ANOTHER PRESIDENT GEKKO?

BECAUSE MITT ROMNEY KNOWS

JUST HOW TO TRIM THE FAT.

HE RESCUED BUSINESSES LIKE

DAVID BERING, STAGE STORIES,

AMERICAN PAD & PAPER AND GS

INDUSTRIES.

THEN HIS COMPANY SOLD THEM

FOR A PROFIT OF $578

MILLION.

AFTER WHICH ALL OF THOSE

FIRMS DECLARED BANKRUPTCY.

WHICH SOUNDS BAD BUT DON'T

WORRY, ALMOST NO ONE WORKS

THERE ANY MORE.

(LAUGHTER)

>> Stephen: BESIDES.

A BUSINESSMAN CAN'T BE

WEIGHED DOWN WITH A BLEEDING

HEART.

AS ONE FORMER BAIN EMPLOYEE

PUT IT, IT WAS VERY

CLINICAL.

LIKE A DOCTOR.

WHEN THE PATIENT IS DEAD,

YOU JUST MOVE ON TO THE NEXT

PATIENT.

SEE?

MITT ROMNEY IS LIKE A

DOCTOR.

AND FOLKS--

(LAUGHTER)

AND FOLKS, PRESIDENT MITT

WOULD KNOW HOW TO TREAT

AMERICA'S SICK ECONOMY.

FIRST OF ALL, 300 MILLION

AMERICANS, ROMNEY WOULD HAVE

TO LAY SOME PEOPLE OFF.

THERE'S GOT TO BE SOME

REDUNDANCIES.

DO WE REALLY NEED RYAN

REYNOLDS AND RYAN GOSLING?

BESIDES, THERE ARE PLENTY OF

FOLKS IN MEXICO WILLING TO

BE AMERICAN FOR PENNIES ON

THE DOLLAR.

AND REALLY-- ISN'T TWO

DAKOTAS A LITTLE LAUGH SNIRB

I CAN'T TELL THEM APART.

WE SHOULD SELL ONE.

(LAUGHTER)

>> Stephen: THEN ROMNEY--

(LAUGHTER)

>> Stephen: ROMNEY CAN JUST

TAKE IOWA, IDAHO AND OHIO

AND CONSOLIDATE THEM INTO

ONE VOWEL RICH STATE

IOHATAWA.

(CHEERS AND APPLAUSE)

>> AND WHATEVER IS LEFT

ROMNEY WILL CHOP UP AND

REPACKAGE AS BUNDLED FREEDOM

DERIVATIVES.

THEN HE'LL JUST SHORT SELL

EVERYTHING WEST OF THE

MISSISSIPPI, WAIT FOR THE

MARKETS TO TANK AND BUY IT

BACK FOR A SONG.

NOW SOME LITTLE PEOPLE-- SOME

LITTLE PEOPLE OUT THERE

MIGHT GET HURT BUT THAT'S

HOW WALL STREET DOES

BUSINESS.

YOU SQUEEZE OUT MAXIMUM

VALUE FOR YOUR SHAREHOLDERS.

AND-- MITT ROMNEY CAN

GUARANTEE IT WILL WORK.

>> SOMETIMES I WAS

SUCCESSFUL.

OTHER TIMES I WASN'T.

>> OR MAYBE IT WON'T.

BUT ONE THING WE KNOW, IT

ALWAYS SEEMED TO WORK OUT

FOR MITT ROMNEY.

Loading...