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.
Romney’s 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 administration’s auto industry bailouts.
“In the general election I’ll 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 president’s 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, Romney’s 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. “We’re a little surprised to see it coming from Speaker Gingrich and others, but you know, if campaigns aren’t going well people try new tacks, I don’t think it worked last night in New Hampshire, I don’t 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 Romney’s 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)
Exactly! In the past, Republicans would get in power and America would prosper. Then the dimocRATS win and downhill it goes. Happens every time. Clinton is a the last good example.
Romney would either go full left or be blamed for anything since the first Bush.
“All you sudden Romney lovers here, this is your guy...enjoy.”
I almost pity the poor johns who fall in love with the whore.
But I don’t quite get there.
“So Mitt can’t criticize TARP, bailouts, or Obamacare because he is for all of that too. So what is the difference again?”
Here at “Distinction Without a Difference Political Hospice”, we offer cyanide in TWO great flavors! You may drink your lethal dose in our now classic Red Velvet Mocha, or our NEW White and Delightsome! The SAME great drink in TWO different flavors!
So does this mean Romney thinks BO’s bailouts of the auto industry etc. were a good thing? If so, maybe he better run on the Rat ticket for President.
So does this mean Romney thinks BO’s bailouts of the auto industry etc. were a good thing? If so, maybe he better run on the Rat ticket for President.
“If true, he’s done.”
In the general, yes. In the primary ALL of the media will cover for Romney and continue to trash the primary challengers.
+1
+1
no one, you see when you are a god, you don't take advice from anyone. His egotistical lordship is above us all, doncha know?, and is entitled to whatever he wants./s.
Yes....
I went on a screed on the tail end of the bailouts about what was so wrong with them, and that was the destruction of contract law going all the way back to maybe even the Magna Carta.
A non bankruptcy / bankruptcy, with no disillusion of long term liabilities, the transfer of capital from bond holders to the UAW etc without a fight etc was a very dangerous precedent IMHO, and at the heart and soul of Obama's lawlessness since then.
Obviously Mitt believes in this Corporate Fascism too?
If so, He really just screwed the pooch here IMHO...
vote for me because I’m more photogenic than the other guy.
“normal breed of capitalism” is building a business up as opposed to tearing one down.
Romney’s breed is vulture capitalism. It has it’s place, but is far less valuable experience for a President, than if he had grown a business. It might be valuable if he intended to dismantle parts of government. But Romney? Mr Romneycare? Ha, don’t make me laugh.
Rush just said Romney via this comment has accepted the premise of the attacks from Newt and Perry.
Slick, do some reading ON YOUR OWN about GST. Don’t read left-wing sources for facts.
You: then stuck the US taxpayer with a $44 million bailout of the employees pension plan.
Seriously? The pension plan was backed by PBGC. Have you even heard of it? It does NOT use general tax revenue to re-fund pension plans. Zero. Zip. Nada. Your statement is absolutely FALSE.
C’mon, do some homework.
""""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 phony!
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”.""""
I think he sees himself as a Kennedy, and with his brood of family he will have his Camelot. It's his turn, and that HAS to be stopped. He may even try to purchase Hyannis Port.
LMAO...... Obama and his tribe have got to be absolutely orgasmic over this!!
This is great news to read over my first cup this morning.
Romney just accepted the premiss of what Newt and Perry have been saying about him. LOL
GO NEWT GO.......
lol
Fine, EXCEPT: 2 or 3 more Obama supreme court nominations, and the country is lost for decades. You can’t afford not to vote for the Republican candidate, no matter which one of the 6 wins.
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