I dont agree with attacks on free-market capitalism at all but I dont believe this is really what is at the heart of Gov. Perrys criticism of Romney and his time at Bain, the former Alaska governor replied.
The idea that Perry and Newt are “attacking capitalism” is idiotic at best, diabolical at worst. To sat that Romney ran a company that plundered pension funds, bankrupted the corp, then forced the taxpayers to bailout the pension funds has nothing to do with “capitalism.” It has to do with using the raw power of capital to take from workers and companies that which they themselves cannot protect. It’s not illegal, it’s just immoral.
This morning Megyn Kelly interviewed McCain. He said, and I’m paraphrasing, to just look at GM. They got a bailout, they had to fire a lot of people and that was painful but now they’re on a big upswing and are hiring again. That’s how capitalism works.
So, there you have it. Capitalism now means taxpayer funded bailouts.
Romney and his business partners at Bain were into making dollars for themselves instead of products to be made by and sold to the USA public let alone the world markets.