Actually, that’s not what Gingrich said. He basically said that his attack had been misunderstood and twisted into anti-capitalism because of Obama’s class warfare rhetoric going on in the background. But he said that Romney has to explain himself, and that was all he was calling for all along.
Romney has been portraying himself as a businessman and implying that he ran a productive business, but he was not honest about the type of business and the type of investments (it was not “venture capital” except in the most general of senses) and the fact that he got a government bailout for at least one investment that went bad.
Bain bought one firm for $30 million and immediately forced the firm to give Bain a “payout” of $180 million, which was all the cash it had. Essentially, Bain bought it just to strip it of cash. I fail to see that this is investing in growth or, at any rate, the growth of anything except Romney’s bank account.
That’s basically what he said at his Townhall meeting this morning. There wasn’t anything I could disagree with him about that.
All the wagons circling around Romney may as well circle the drain because if they think THIS from Newt Gingrich and Rick Perry is bad, just WAIT until Hussein and his $1 billion war chest get going.
Romney is TOAST—either way it’s sliced (no pun intended). This is exactly WHOM the dems and the media want as the GOP nominee. They know how easy it will be to paint him as the “enemy” of the lower income and middle class.
This truly is the stupid party. :^(
And of course that's what Newt's been attacking, and he's right. But the complexities are probably too subtle to expect a mass audience to sort the fly poop from the pepper.
Bingo! nothing I have heard is an attack on free enterprise. That is a bunch of BS and I heard it repeated by Dennis Prager this morning. There are bad practices in capitalism at times and all of it is not kosher! Some people seem to think because it is not government, that it should be immune from criticism. No!