President Obama and his reelection campaign are betting heavily on a premise that American voters are not ready to elect a wealthy wizard of the global economy to the highest office in the land. Mitt Romney is not the first Republican presidential candidate to run with a background in business, but the challenger is the first who became fabulously rich in the exotic realm of private equity investment. The Democrats are trying to apply that broadly to discredit his beliefs, fiscal policies, and candidacy.
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