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Gingrich is a hero for arguing for “ethical capitalism”
Hotair ^ | 12-13-12 | KRISEN POWERS

Posted on 01/13/2012 6:14:08 PM PST by VinL

Furthermore, making a profit is only one component of owning a business. Whatever happened to the idea that you are responsible for your workers and to the larger community? Too often, people feel like just pawns in a ‘game’ of ever increasing largesse for the top dogs. The big shots are always the winners – often getting payouts in the millions when their companies fail — and the “losers” are left to figure out how to eat or buy clothes for their children. (A new study found that $100 million “golden parachutes” have become commonplace for failed CEOs).

Romney’s “class envy” claim is predicated on a lie we often here from the uber-rich and their defenders: the highest goal and achievement for Americans is to be wealthy, when all most people want is to be able to provide a decent lives for their families…

The unlikely hero in this tale has been Newt Gingrich, who has been making the most coherent argument for ethical capitalism. Says Gingrich, what we want is, “a free enterprise system that is honest. . . fair to everyone and gives everyone an equal opportunity to pursue happiness.” Criticizing Romney’s brand of free enterprise, (Newt)said, “It’s not fine if the person who is rich manipulates the system, gets away with all the cash and leaves behind the human beings.”

Be still my heart.

(Excerpt) Read more at hotair.com ...


TOPICS: News/Current Events
KEYWORDS: gingrich
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To: fightinJAG

FWIW, Newt’s my choice in this race, but the rhetoric concerning Capitalism is out of control nearly on all fronts.

I agree, Power’s support for ‘ethical capitalism’ should definitely raise flags. Capitalism isn’t the problem, it’s fascism and unethical regulations that deserve our attention.

Forget about her involvement with Weiner...


141 posted on 01/13/2012 8:07:19 PM PST by Gene Eric (C'mon, Virginia -- are you with us or against us?!)
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Forgot about her involvement with Weiner...


142 posted on 01/13/2012 8:08:20 PM PST by Gene Eric (C'mon, Virginia -- are you with us or against us?!)
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To: Yashcheritsiy

If these losers want to feed their children, let them go start their own business instead of sucking like leeches on the profit margins of the owners and shareholders!!

***************
Right. The banks and multi-nationals get trillions of free money whenever they go broke-— and the “losers with children” can’t even get a loan from the corrupt bankers to get on their feet.

That’s American capitalism, huh?


143 posted on 01/13/2012 8:09:10 PM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: VinL

Powers is a diehard liberal. She’s rooting for Gingrich. Was does that tell you?


144 posted on 01/13/2012 8:09:22 PM PST by Signalman
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To: RnMomof7
Newt is right.. American exceptionalism is lost by the greed of a few

Yep. The kind of greed (not to mention, corruption) that prompts a Washington insider to accept a million and a half bucks from Freddie Mac (taxpayers) for...for what exactly again? A million and a half bucks of yours and everybody's money stolen from you as part of a scheme participated in by Newt. Nope. No greed there. Just a Tiffani's card for the little Mrs. in exchange for a "history" lesson or two is all.

145 posted on 01/13/2012 8:10:29 PM PST by Minn (Here is a realistic picture of the prophet: ----> ([: {()
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To: VinL

OMG!


146 posted on 01/13/2012 8:10:33 PM PST by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: GlockThe Vote
Newt should be ashamed of himself! I’m sick of this garbage from liars and frauds like newt and perry.

Until now I liked everything about Perry. This socialist nonsense drives me up a wall. Bain may have done well, or badly, when Romney was in charge but if he had broken the law he would have been indicted by now. If people are upset about him leveraging the businesses he was running then why aren't we talking about the banks or purchasers of the bonds?

147 posted on 01/13/2012 8:11:49 PM PST by wmfights (PERRY 2012)
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To: Yashcheritsiy

Your quoting from Bioshock ?
Ahh... Sir you do remember what the moral point of story in that game was right?
Heck its one of the reasons why I like Bioshock 2 so much, in that one it was pure socialisms turn to be roasted for giving in to fanaticism. If you really believe what Andrew Ryan was saying in that game then what happened to his city must be your idea of paradise.


148 posted on 01/13/2012 8:12:58 PM PST by WyvernAK (Knowledge is Power, ie Obama is in trouble)
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To: chris37

So, why is Newt misframing this argument and attacking one of the primary tools that drives the freedom of America, when he knows that it is the corruption of man that is driving our fall?
********************

Bailing out the rich by the DC/WallSt oligarchy drives American fredom? Huh, who knew?


149 posted on 01/13/2012 8:12:58 PM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: Yashcheritsiy; reasonisfaith

I suspected as much after your third post. Well done.

The problem is that just when you think your satire is too extreme, the target you’re mocking outdoes you. “I try to be cynical, but I just can’t keep up”.


150 posted on 01/13/2012 8:13:15 PM PST by Pelham (Islam. The original Evil Empire)
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To: SJSAMPLE

Pure bullshit.
You put ANYTHING in front of Capitalism, and it isn’t Capitalism.

**************
I understand. Like GM, AIG, and trillions to the bankrupt banks. Got it. Thanks.


151 posted on 01/13/2012 8:16:54 PM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: fightinJAG

Actually, I think you’re right, Jag. I think the PAc might “edit”, but I’m sure Newt intends to continue attacking Romney.

But, at the same time, Newt has offered to “disarm” if Romney will do likewise— but Romney has a ton of money, and doesn’t seem to want to give up the advantage.


152 posted on 01/13/2012 8:21:39 PM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: P-Marlowe
Correct me if I'm wrong but isn't Newt just following Perry's lead on this topic?

I don't know who was the first to start with this attack on capitalism, but I'm disgusted with both of them.

And don't you think that professional Capitalists should held to certain professional ethical standards?

Why should a successful businessman be held to any different standard. Why does anyone presume that they have a right to the businessman's success. The law should be applied equally.

This is about corporate piracy and legal loopholes unavailable to most non-professional investors.

No it's not. Gingrich didn't like how he was treated in IA and he's retaliating by attacking the very system that allowed the greatest movement of individuals from lower income brackets to higher income brackets in the history of man. If Bain did anything illegal Romney would have been indicted.

153 posted on 01/13/2012 8:23:02 PM PST by wmfights (PERRY 2012)
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To: exit82

Exit, I don’t think you’re going to get many answers on that one. -:) Obviously, I agree with your point about being “told” who our nominee has to be.


154 posted on 01/13/2012 8:23:56 PM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: Revolting cat!
And MF Global? (By the way, do you know what the ‘MF’ stood for among that company’s insiders?)

An unspeakable act by Governor Jon Corzine, crony capitalist extraordinaire?

Actually, it stands for Man Financial (after James Man, who founded the original company in 1783), from which MF Global was spun off.

155 posted on 01/13/2012 8:24:06 PM PST by cynwoody
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To: VinL

What you have described has nothing to do with and relates in no way to capitalism.


156 posted on 01/13/2012 8:28:02 PM PST by chris37 (Heartless.)
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To: wmfights; xzins
The law should be applied equally.

When has that ever happened?

Can you name one law that is applied equally across the board to everyone?

If Bain did anything illegal Romney would have been indicted.

And if they did a lot of things that were very unethical but still legal, that is just fine with you?

Don't you think that the laws should be changed to make it harder for corporate raiders to screw their debtors?

Or is that ok as well?

157 posted on 01/13/2012 8:29:34 PM PST by P-Marlowe (Romney. The poster boy for Corporate Welfare and Vulture Capitalism.)
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To: livius
I think (Mittens) Romney was hoping that people would somehow confuse him with his father, George Romney

Who is most famous for being brainwashed.

158 posted on 01/13/2012 8:30:41 PM PST by cynwoody
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To: VinL
KIRSTEN POWERS is defending Newt. Now that is rich. Here are some of her other political positions:

Powers supported the Obama health care reform, and believes it is a moral imperative to supply health care to all Americans.

Powers supports comprehensive immigration reform and providing a path to citizenship for illegal immigrants, favors gun control, and supports equal rights for gay people in the form of universal civil unions, leaving marriage strictly as a religious institution.

She opposes "don't ask, don't tell." and supports closing Guantanamo Bay and putting prisoners in federal prisons.

She opposes the Iraq war, as well as the Fairness Doctrine, and a constitutional amendment to ban flag burning.

She supports a strong separation of church and state.

She also opposes the death penalty.

She supports the right of countries to choose their own governments free of outside influence but is against the establishment of theocracies. Powers has a particular concern over the influence of Islamists in Egypt due to her husband being of Coptic Egyptian origin.

159 posted on 01/13/2012 8:31:43 PM PST by kabar
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To: nicmarlo

I shall offer another.

What’s mine is mine unless I love you enough to share it with you, then what’s mine is yours, but not until then.


160 posted on 01/13/2012 8:33:03 PM PST by chris37 (Heartless.)
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