Newt wasn’t attacking capitalism - he’s attacking the anti-free enterpise vultures. Over a quarter of the businesses Bain took over were stripped and decimated.
Bain bought failing businesses and either revialized them or stripped them down for liquidation. In one case they recieved a $10Million bailout from the Feds. (”According to the Globe, Romney’s company failed to repay at least $10 million to a failed bank and the rest of us had to absorb the loss. Romney and others made $4 million dollars in this deal.”)
If Romney has nothing to hide, then he should be transparent about his career at Bain and about his term a Governor of Massachusetts.
As for Newt Gingrich, Romney dumped crap and negatavism on Gingrich in Iowa because Newt was ahead in the polls. Gingrich was talking positively, not attacking anyone but Obama, and about how he intended to better the nation. Politics is like war - once you attack your opponent, you can’t start whining about the counter-attack.
Sour grapes? I think not.
Dems are now saying Solyndra = Bain. Do we really want our candidate to have that target painted on him? How will the GOP counter that now? What is going to happen to all of the anti-crony capitalism arguments that the GOP was storing up for 2012?
In the end, if Obama supports bailouts and Romney does, too, and Newt challenges them, it would be Romney and Obama putting free enterprise on trial, not Newt.
Dems are now saying Solyndra = Bain.
Thanks to Newt.
Nice post
Wow..if I were a moraless soal, this is exactly how I would rape the system..all while calling my citics anti-capitalist..what a low life.