Posted on 01/10/2012 11:30:42 AM PST by americanophile
What do conservatives stand for? What do conservatives believe in? Those seem like simple questions, and as a conservative, I can tell you exactly what I stand for and believe. The problem comes from what I'm hearing from our GOP presidential candidates who call themselves conservative. In their quest for the Republican nomination, it seems these "conservatives" will embrace any idea in order to attack another candidate. The latest is an assault on capitalism... yes, capitalism! What's next? Supporting higher taxes and bigger government?
As noted in a story on CNSNews.com, GOP presidential front-runner Mitt Romney is under attack by his fellow opponents, namely Newt Gingrich and Rick Perry. Why, you ask? Because Romney ran Bain Capital, which would restructure and reorganize companies in order to make them profitable. In doing so, everything that would be involved in saving a company was on the table: selling assets, trimming work staff, modernizing... you name it.
Oh the horror of it all! Gingrich and Perry are blasting Romney for not relying on the government, not going for corporate bailouts, but rather, for handling corporate woes in the private sector.
Imagine you had a company of 10 employees. Suddenly, the demand for your product grew, and you had to hire 10 more. Now the company of 20 employees is rolling right along. The company is making a profit and all is well. But now, the equipment has gotten old, the economy has slowed down, and the demand for the product is just not what it used to be. The company is in the red. It is no longer a company that needs or can support 20 employees.
(Excerpt) Read more at gopusa.com ...
Author is a doofus misrepresenting the arguments.
Capitalism is good but ECONOMIC FREEDOM is better.
Well, I heard Newt say on TV that Bain bought a company, plundered it of $180 million then let it go bankrupt. That might have been perfectly legal. If it’s true, what is the problem with pointing it out?
After 8 years of Obama and his media conservatism will be refined so much that Olympia Snowe will be "too far to the right" to ever be elected President.
Rombot,
So why should American taxpayers have to be forced to pay for Willard’s business incompetence and greed?
—
Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut..
What’s more, a federal government insurance agency had to pony up $44 million to bail out the company’s underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.
http://legalinsurrection.com/2012/01/bain-drip-drip-drip/
Oh, well I’m sure the left will clear it up for everyone.
Economic freedom is capitalism. Those who are against capitalism are against freedom.
Ok here is what is going on. As hard as it is to believe.. there are liberal Republicans... and they appear to be about 20% of us.. and they support Romney.
Thus if we want to cut into Romney’s support.. Romney has to be attacked from the left. Thus the Bain attacks.
An attack from the right wont work on Romney, because no one on the right supports him.
Guess I'll catch it in the Obama ads this Fall - no matter who the GOP candidate is. Lucy held that football and gosh darnit all we're gonna really kick it down field this time...
The problem is that government has gotten itself way too involved in capitalism.
We need separation of Capital and State.
Here is my theory:
Newt knows he isn’t winning NH. He is attacking from the left to run interference for Huntsman, who is in the running for 2nd (and it appears to be working looking at today’s polls). If Huntsman gets some momentum coming out of NH, and can possibly pull 10% in SC, coming from Romney’s base, he can survive the inevitable split in the conservative vote and win in SC.
Agreed.
I’m not Rush so I can’t say “Don’t doubt me!” - but I will bet that this anti-Bain argument ends up doing no more for those who pursue it than the “1%” argument did for the Occupy Wall St. protesters.
Amen to that. And when they start yammering about finding a right to privacy in the Constitution, how about a right to privacy when it comes to our finances and medical care?
No what’s going on here is that we’re cutting our ideological legs out from under us as a party in the effort to derail Romney. This is much bigger, more dangerous and consequential than Romney’s political fate; this undercutting of capitalism and embrace of socialistic populism will haunt us.
“Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut..
What’s more, a federal government insurance agency had to pony up $44 million to bail out the company’s underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.”
Was it legal?
I dare say, most here at FR would support making money as long as it’s legal.
They’re all so clever.... OR, they’re just grabbing at straws as they approach the waterfalls.
I think that this is a tempest in a teapot. This is nothing more that payback to Romney for being a sh*t-head. That’s all!
Have no fear, the democrats will be using the arguments and our own guys against us in the fall.
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