Critics quickly pounced on Mitt Romney for comments made at his economic speech at Ford Field.
“I like the fact that most of the cars I see are Detroit-made automobiles. I drive a Mustang and a Chevy pick-up truck. Ann drives a couple of Cadillacs, actually. And I used to have a Dodge truck, so I used to have all three covered.”
The remark, in an unscripted moment, will add to the image of Romney as so wealthy he can talk casually about his wife having not one but two Cadillacs. Although two cars are not unusual in American homes, two luxury Cadillacs, which range in price from $35,000 upwards, are not.
I’m not sure why this statement is news. Romney has a lot of cars. Did the media not read the stories it’s published regarding his immense wealth?
Romney, the former governor of Massachusetts who before turning to politics helped found a private equity firm in Boston, estimated his wealth to be as much as $250 million on financial disclosure statements. He earned $21.6 million in 2010, mostly from investments, according to tax returns he released in late January after losing the South Carolina primary to former U.S. Speaker Newt Gingrich.
Shortly before the release, he had said he earned speaking fees, “but not very much.” His disclosure statements showed the fees totaled almost $375,000 between Feb. 26, 2010 and Feb. 20, 2011.
What do people expect Romney does with all this money? Store it in a money bin and swim around in it? That’s not good for the economy. It could also qualify him for an appearance on A&E’s Hoarders.
Romney earned roughly $57,000 a day in 2010. I wouldn’t be surprised if he owned one of those needlessly complicated breakfast machines that were popular in the mid-1980s.
Perhaps we should be concerned that he has a human chessboard at one of his country homes, but that’s what makes him a job creator.
The Romney campaign — always anxious to make its candidate’s verbal fumbles worse — pointed out that Mrs. Romney has two Cadillacs because she spends time in two different states — California and Massachusetts.
Many middle-class families have two cars. Some even have two homes. A man worth millions can afford to buy his wife a couple Cadillacs — though I don’t know how he got stuck with the pick-up truck. Why does he even need one? Does he do a lot of heavy lifting?