Posted on 01/11/2012 7:40:30 AM PST by Qbert
On the heels of his decisive victory in the New Hampshire primary, Mitt Romney took the attacks on his private sector record used by GOP rivals and turned them against President Obama.
Romneys critics have accused him of destroying jobs in order to increase profits for his investment firm, Bain Capital, but speaking Wednesday on CBS, Romney said that what he did was no different from the Obama administrations auto industry bailouts.
In the general election Ill be pointing out that the president took the reins at General Motors and Chrysler closed factories, closed dealerships laid off thousands and thousands of workers he did it to try to save the business, Romney said Wednesday on CBS.
President Obama has publicly touted his plan to retool and restructure the auto companies as an investment in American workers. Romney was strongly opposed to the auto bailouts, but on Wednesday likened the presidents strategy to his own. We also had the occasion to do things that are tough to try and save a business, he said.
Bain Capital, Romneys former firm, specializes in providing financial and management advice, often taking over distressed companies, which in some cases results in closed businesses or massive layoffs.
Romney contends that the companies Bain turned around more than make up for the layoffs, and that he helped create more than 100,000 jobs during his time there, a figure his critics contest.
Newt Gingrich and Rick Perry spent the days leading up to the primary assailing Romney for his time as an executive at Bain Capital, calling him a vulture capitalist and framing the firm as an unethical institution that undermined capitalism.
We expected President Obama to put free enterprise on trial and to continue his rhetoric of envy and class warfare, Romney said on MSNBC. Were a little surprised to see it coming from Speaker Gingrich and others, but you know, if campaigns arent going well people try new tacks, I dont think it worked last night in New Hampshire, I dont think it will work in South Carolina.
Gingrich has himself been criticized, most prominently by influential conservative radio host Rush Limbaugh, for waging attacks on Romney that his critics say are liberal, anti-capitalist arguments that will be adopted by the Obama campaign.
On Tuesday, the New Hampshire primary runner-up Ron Paul surprisingly came to Romneys defense, saying Perry and Gingrich sounded like Democrats with their attacks.
It is strange, those that are calling themselves true conservatives ended up attacking venture capitalism and capitalism in general, Romney continued. It suggests a bit of a desperate time for some campaigns.
(Video at link)
And we've seen how successful these bailouts are. Crappy electric cars that catch on fire, abrogation of the U.S. Constitution and contract law seizing assets from rightful owners, giving control of companies to Unions, failed environmental and energy policy, and the list just goes on, and on, and on.
The fact that Mitt Romney can't see the difference between Bain and the U.S. Government in this matter automatically and forever should disqualify him from ever serving as municipal DOG CATCHER, much less United States President.
Huffpo? Why not Reuters or maybe an OWS flyer?
Try to answer these to with your “sources”:
What year did GST go out of business?:
What year did Romney leave Bain Capital?:
I’ve majorly avoided listening to any of Romney’s speeches or bites aside from the debates...but recently I listened to something while defending his position to a pundit....What a babbling weakling....there is no conviction nor strength behind his delivery , he constantly cuts himself off as he babbles away,... no focus and his weird smile plastered on his face while doing so just adds to the “theater” that he’s on stage. What a phoney!
There’s nothing in there! He’s like a college kid running for office....no skin off his nose if he looses or wins....he’s already set for life in every way....and politically as well no matter which way this flys.
Golly I sooooooo detest the man. He’s like a clone of someone elses idea of how he should “Be”.
LOL. In other words, vote for me because the other guy is just as bad as me.
Some folks aren't worth the trouble of defending, because they will turn around and waste the effort you have expended when they double down on the same idiocy - namely, their failure to think through their comments before the comment tumbles out of their mouth.
Seriously, what IS it about Massachussetts bluebloods like Kerry and Romney that turns them into opposition soundbite generation machines?
Imagine the debates....why even have them....Romney's religion will stop him from nailing down Obama...he'll just keep smiling when he tries.. and that insecure laughter will be seen time and again as we see now.
In the end he'll pull a McCain....never use the ammo in his arsenal...he'll use a water gun and then wipe Obamas face after with apology.
Hopefully he won't stick out his tongue.
After that garbage the GOP gave us in 2008....NEVER AGAIN! I will not settle anymore.
Is this what Self-Combustion looks like? If so it funnier than h*ll.
“anyone, but Obama” is going to become,”everyone And Obama”.
In the general election Ill be pointing out that the president took the reins at General Motors and Chrysler closed factories, closed dealerships laid off thousands and thousands of workers he did it to try to save the business, Romney said Wednesday on CBS.
Oh, that ought to distinguish Romney from Obama - NOT!
That sentence ought to finish Romney off if there was any justice.
Romney: weak horse
Paul: crazy horse
Gingrich: work horse
Santorum: good horse
Perry: dark horse
Huntsman: a horse of a different color
So Mitt can't criticize TARP, bailouts, or Obamacare because he is for all of that too. So what is the difference again?
ok here’s another source.
I have no idea what problem you have with the source, the facts are the facts regardless of who reports them.
and the facts are Romney’s company bankrupted a steel mill after looting it of millions, then stuck the US taxpayer with a $44 million bailout of the employees pension plan.
“The great Conservative Capitalist willard has spoken.”
Rush, you will need to be salted today after you bend yourself into a pretzel to defend this. If only you had held your fire on Gingrich and Perry one more day. Enjoy.
Mark Levin explains “Capital Cronyism” very well in 1/10’s podcast. Here is the link.
http://www.marklevinshow.com/sectional.asp?id=32930#
It is the podcast dated “1/10 The Mark Levin Show”.
As usual, Mark is many steps ahead of the 99%. ; )
AGREED!!!
What is the 'normal breed' of capitalism?
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