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Friday, February 17, 2012

Romney: Entrepreneurs Should Just Ask Parents for Money

By David

Republican presidential candidate Mitt Romney suggested to a group of business people in Michigan on Thursday that entrepreneurs should ask their parents for money instead of using loans from the federal government.

In a speech to the Greater Farmington Area Chamber of Commerce, the former Massachusetts governor blasted the Obama administration for trying to jump start renewable energy with government loans to companies like Solyndra.

"When the president says I'm going to take your money and give it to Tesla and Fisker, two new car companies, which by the way, Fisker now builds their cars in Finland, that's not good," he explained. "When he takes $500 million and puts it into Solyndra, that's not good. That's not good for American enterprise and innovation."  READ MORE

 

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