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Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.
But that was 44 years ago. And the contrast between George Romney and his son Mitt -- a contrast both in their business careers and in their willingness to come clean about their financial affairs -- dramatically illustrates how America has changed.
Right now there's a lot of buzz about an investigative report in the magazine Vanity Fair highlighting the "gray areas" in the younger Romney's finances. More about that in a minute. First, however, let's talk about what it meant to get rich in George Romney's America, and how it compares with the situation today.
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