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Romney: Borrow Money from Parents

In a speech Friday to college students at Otterbein University, Mitt Romney encouraged young Americans facing bleak job prospects to borrow money from their parents. He told the story of sandwich magnate Jimmy John, who was loaned $20,000 from his parents to launch his first sandwich shop. "We've always encouraged young people -- take a shot, go for it, take a risk and get the education, borrow money if you have to from your parents, start a business," Romney said.
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Mitt Romney Tells Ohio Students: 'Borrow Money From Your Parents'

US Politics / Liberal : Crooks and Liars (3 years ago)

Click here to view this media As Melissa Harris-Perry and her guest Jessy Tolkan noted when reacting to Mitt Romney's speech to students in Ohio, he continues to show that he's not exactly in touch with most working Americans when h... Read Post

Romney’s Advice To Students: Borrow Money From Your Parents

US Politics / Liberal : Think Progress (3 years ago)

If you’re young and you want to start your own business, Mitt Romney’s has some advice from you: Borrow money from your parents. At a “lecture” for students at Otterbein University in Ohio today, Mitt Romney told students that, his ... Read Post

Romney’s Business Advice To The Young: Borrow Money From Your Parents And Start A Business

US Politics / Liberal : Alan Colmes' Liberaland (3 years ago)

It’s that simple! At a “lecture” for students at Otterbein University in Ohio today, Mitt Romney told students that, his friend, Jimmy John, started a business by borrowing $20,000 from his parents at a low interest rate. Romney sug... Read Post


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