Thursday, October 25, 2012

Son of Rambler

"Mitt Romney is the son of a famous and successful man, George Romney. The latter was successful in the old economy of the '50s and '60s. That is to say, he made real things and sold them to real people for real profit. He was the president of American Motors, manufacturers of the now defunct 'Rambler', among other things.

The 'Rambler' was a junky car. But it was cheap and it got you where you were going. There was nothing subtle or underhanded about it. It was what it appeared to be – a set of wheels."

- Bill Bonner from the Daily Reckoning

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