- Newt Gingrich
Not the language of the left? Sure Newt.
It's not the system Newt. It's the world damaged by the sins of us all. And government, a gift of common grace from God, is the corruptible instrument of choice of the rich.
James 5
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
4 Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth.
5 Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.
6 Ye have condemned and killed the just; and he doth not resist you.
I agree with Newt. Free market capitalism is not about distorted markets. Distorted markets are caused by monopolies, illegal and/or unethical acts, by ill-advised law, by powerful groups or individuals manipulating the market, and by any other act or individual exercising undue influence.
Newt is simply describing the distortion in a market that results when powerful individuals prevent market forces from operating.
Bain intentionally bankrupted companies by having them borrow exhorbitant amounts with Bain siphoning off huge fees from the borrowed money and with Bain allowing those companies to default, file bankruptcy, and pay creditors/contractors mere pennies on the dollar.
This manipulation of bankruptcy and corporate law will prevent Romney from winning in the general election. Kennedy used it to destroy Romney in the first of Romney's standard election losses.
Take that, Romney's flip-flops, and Romney's ObamaCare, and it is absolutely certain that Romney cannot win.
Has anyone wondered why McCain easily defeated Romney the last time around? McCain was a quack and had zero force whatsoever, yet he easily defeated Romney with the flip-floppin' issue.
Obama is salivating to get his chops into Romney.
And, there are many conservatives who simply will not support Romney...me included. He is unreliable on life, on taxes, on guns, on Israel, and on the natural family and natural marriage.
Romney loses elections. It's his MO.