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John Cronin

Romney: America Must Correct Course

September 28th, 2008 | 13 Comments | Posted in Business, California, John McCain, Mitt Romney, economy, wall street

http://www.lasvegassun.com/news/2008/sep/27/romney-america-must-correct-course/

The Associated Press

Sat, Sep 27, 2008 (9:57 p.m.)

Former Republican presidential candidate Mitt Romney says the U.S. must fix its ailing economy and boost its military prowess or risk losing its status as a superpower.

Romney told delegates to the California Republican Party’s meeting Saturday that a secure economy is as essential as a strong military to the country’s safety.

He says it was inconceivable to him just a few months ago that financial powerhouses such as Bear Stearns and Merrill Lynch would have collapsed.

Romney also gave the GOP base plenty of red meat, praising John McCain’s performance in the presidential debate Friday.

He stressed McCain’s knowledge of foreign policy knowledge and contrasted the freedoms America enjoys with the repression in other economically prosperous countries, such as China and Russia.

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