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"Is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that, somehow, a little bit of a flawed system?"

- Newt Gingrich

Not the language of the left? Sure Newt.

1 posted on 01/10/2012 1:23:23 PM PST by americanophile
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To: americanophile
Everyone liked Scrooge, and everyone around him prospered, AFTER he saw the ghosts and grew a heart. Prior to that, he was a cutthroat businessman out solely for himself and leaving a wake of destruction in his path. He wasn't doing anything illegal but he was still contemptible. And if he ran for office he would've gotten few votes.
169 posted on 01/10/2012 3:12:56 PM PST by bramps (zero from zero is zero)
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To: americanophile
"Is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that, somehow, a little bit of a flawed system?"

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.

265 posted on 01/10/2012 5:29:12 PM PST by Theophilus (Not merely prolife, but prolific)
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To: americanophile; mnehring; P-Marlowe; Jim Robinson
Not the language of the left? Sure Newt.

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.

286 posted on 01/10/2012 8:17:52 PM PST by xzins (Pray for Our Troops Remaining in Afghanistan, now that Iran Can Focus on Injuring Only Them)
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