Here is Perry’s opportunity to shine.
There is nothing wrong with capitalism, its great!
Let everyone get a taste, for the sake of the nation!
Let’s get America to work again!
I’m sure Newt was just acting as their historian.
So now if you are associated with a successful capitalist company or individual you are not fit to be the president of the USA? Obama just won reelection.
Not the same. And so what. Is this all you got?
Boy have I seen that stuff before.. Come in, make a bunch of claims based on meetings at the top, make a bunch of deals, bail with a golden parachute and screw the rest.
Instead of capitalism, we should be educating folks on the free market system.
Better yet, “Natural markets.”
And here we see the problem with Newt. A poorly thought-out attack on the wrong grounds (attacking capitalism) with blow-back on him.
Newt has a long way to go to make the case.
newt is a liar and a phony? not so!!
He came out in 1980 and said that junk bonds would be the downfall of Wall St (it took 7 years for that to happen).
He also coined the term "barberians at the gate" in describing Henry Kravis and KKR as what in it was like when corporate raiders (like Bain) come knocking.
So why should American taxpayers have to be forced to pay for Willards business incompetence and greed?
Workers were denied the severance pay and health insurance theyd been promised, and their pension benefits were cut..
Whats more, a federal government insurance agency had to pony up $44 million to bail out the companys underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.
http://legalinsurrection.com/2012/01/bain-drip-drip-drip/