How do you feel about “free trade” please?
My business doesn't entail direct overseas marketing. I don't buy or sell goods. We sell services and we do it very well.
If I take Newt's Bain commercial and apply it to my business over the years Newt would have me look like a bad guy. I built my business from nothing. I employed good people, trained them well and paid them well. After 30 years in the business I had an opportunity to sell my business to a large NYSE business. I was approaching my early 60’s, the economy was again tettering and I wanted to retire and spend time traveling with my wife and family. I sold the business and in the process knew that people would be let go and my organization restructured into the acquiring entity. People were laid off and offices reduced in size or closed.
So, what does that make me? A Bain Capitalist? I created wealth for me and my family. I provided jobs for more than 30 years to my employees. I provided training for many that left and started similar successful businesses.
I paid millions of dollars in capital gains taxes.
What kind of “monster” am I in Newt Gingrich's eyes? When I saw this anti-capitalism add it made me furious. It still does when I think of that short 30 second shot.
Newt has relied on the United States Government for his clients. I didn't. From what I can tell, Newt's fortunes were made on the backs of taxpayers. Mine didn't. It took 30 years to make my American Dream come true. Newt accomplished his in almost half the time with luxury offices in DC and a full staff. I started working in small rental office in the suburbs.
I apologize for not answering your free trade question. However, I feel better getting this off my chest. I won't watch anymore debates. I am not going for the Anyone But Obama Ticket.