Skip to comments.Afternoon Fix: Gingrich assails Romney for ‘bankrupting and laying off employees’ at Bain
Posted on 12/12/2011 3:47:29 PM PST by americanophile
Newt Gingrich today laid into Romney today for his record at Bain Capital, suggesting Romney got rich off others misery and alluding to Romneys ill-thought-out $10,000 bet from Saturdays debate. I would just say if Governor Romney would like to give back all the money he has earned from bankrupting and laying off employees over his years at Bain, then I would be glad to then listen to him, and I bet you $10 -- not $10,000 -- that he wouldnt take the offer, Gingrich said. The remarks came in response to Romneys criticism of the money Gingrich earned working for Freddie Mac.
(Excerpt) Read more at washingtonpost.com ...
Well, if Gingrich doesn’t like it, he can make capitalism illegal, if he gets to be president.
This is the type of comment I’d expect from Obama not Newt.
Some people might be thinking what Romney did with some of those companies (i.e., bankrupting them and laying off people) is the same thing he should do with the out-of-control federal government. Just sayin’.
Thanks for going to the trouble of making us aware of that simple fact. ; )
When someone throws a stone at you throw a rock back.
Good for Newt. I hated it when Bush absorbed all of the attacks on himself. Hit back.
Romney wants to play hard play hard back.
Tired of Republicans who won’t defend themselves.
Newt wont stand by and let the Democrats run all over him like the republicans have been doing.
Why is Newt attacking Romney anyway? He doesn’t need too. He’s winning. Why did he veer off course? Before he’d been steering clear attacking other candidates. This was a tactical mistake on Newt’s part, imo.
What Romney did was totally fine in a market economy. Buying companies and making them more competitive is useful for the economy.
What Gingrich did with his consulting with Fannie Mae is legal but corrupt in the sense that he was fully participating in a corrupt political system. In fact, he is such an expert at maneuvering that corrupt system that he was able to sidestep the regulations by not registering as a lobbyist.
Please dont be so stupid as to believe that the huge fees Gingrich got from Fannie Mae was for so-called consulting. Fannie Mae and Freddie Mac were dishing out money to every politician who would help their cause. Fannie and Freddie had the biggest pig trough the government has ever seen and Newt was feeding on it more than anyone.
There is no question that Newt Gingrich will perpetuate our corrupt political system as he has for decades. He is the poster child. He was the leader of it. He will allow the politicians in Washington D.C. and around the country to continue their unholy alliance with special interests (like Fannie and Freddie.)
As Sarah Palin has said, crony capitalism is probably our biggest problem. Our politicians are serving their sugar-daddy special interests, not the people. Until we clean out the corruption, it will be almost impossible to fix our system, economy and country.
Don’t be fooled by Gingrich. He is telling people what they want to hear without meaning it.
He is playing you.
DONT BE STUPID: NEWT IS CORRUPT AND WILL PERPETUATE A CORRUPT GOVERNMENT.
Why attack Newt, Romney threw the first stone.
People who live in glass houses shouldn’t throw stones.
Gringrich is not helping himself with me. Hell, why doesn’t he just go join the Occupiers?
I have worked for some real jerks who could not handle their positions of authority, and ran institutions into the ground, and had to resort to layoffs to save their own skins and those at the top tier. Eventually, they were booted out too. My criticism of them is anything but "anti-capitalist" (which would necessarily call for socialism or another system), but rather, against mismanagement and professional incompetence.
I do not like Gingrich, dislike Romney even more-so, but isnt that what Mr. Gingrich is saying here?
Not to mention, if he is in fact (gulp!), the eventual GOP nominee, he certainly will need the template for Obongo who is a 1000 times worse in executive management skills and being responsible for MILLIONS of people being laid off and not being able to return to work. Just a thought for additional balance. In fact, THAT will be a great narrative regarding the failure of SOCIALISM!!
How was becoming Pelosi’s lap dog & going on an apology to her fighting back. Fighting back smart is one thing.
He represents the *only* point of agreement between the Tea Party and the Occupiers (although the Occupiers don't really comprehend the issue or what they are for and against.)
Newt represents the corruption in our politics than has allowed special interests -- corporations, unions, environmental groups, foreign governments, etc -- to control our government big time. Politicians serve their special interests, not the people.
Voting for Newt Gingrich is voting to perpetuate the system of corrupt politics that has ruined out government, country and economy.
I would like any and all Freepers who come on to take issue with Gingrich to--especially those who do not post on FR very often but are now suddenly on threads, for the sake of complete transparency, state which GOP Presidential primary candidate in race they in fact do support, or perhaps more precisely, if they categorically assail and reject Mitt Romney for President.
Me? I am more into what Bachmann and Santorum are saying at this time.
I am being as up front and transparent as possible on this. Can other posters be that way, too?? (Actually, still in the heart of hearts a Herman Cain suppporter licking the wounds, ready to vote for him if he is still on my state's ballot, but that can change of course)....
That is progress and that is Capitalism.
Unfortunately in the bigger picture when China (and other countries) is/are the only ones manufacturing anything how can America possibly expect to maintain any clout in the world?
The American Experiment is a failure. We could have kept the China Commies as backward losers forever but Carter knew better and besides bearing responsibility for the death of maybe millions he also caused the destruction of the greatest Economic System that the world has ever known.
China sells junk and poisons our dogs.
All of their imports ought to be shunned and would be if people actually cared about the families that are to follow this filicidal generation.
So, Gingrich should sit back and take Mittins' defining Newt's work? Seems like tit for tat to me. Gingrich will fight back. Is Romney looking for another bet?
No, it’s not anti-capitalist. It’s stupid. Romney was stupid to attack Newt for his earnings as a private citizen. And everyone from Fox News (an agency that is fully in the tank for Romney) on down is stupid for attacking Newt for his simple observation about Bain Capital which is well-known for buying undervalued companies, breaking them up, and selling off their assets for profit. Neither are anti-capitalist and neither are anti-conservative. Further, I believe Romney was deadly serious with his attack and Newt was simply making a snide tongue in cheek remark in return.
People need to keep a sense of humor and a sense of proportion.
According to “Can Mitt Rmney Serve Two Masters” by Tricia Erickson, Mitt has maded many a fortune doing just that.
Did Newt offer any suggestions on how to insure all companies remain profitable so that reorganization is never necessary?
If Newt wasn’t such an egghead he would have simply answered the question with - “I am running against Barack Obama, who is destroying the nation, etc etc” But he is an egghead