Skip to comments.Newt Gingrich: I Crossed The Line (Bain Criticism)
Posted on 01/11/2012 12:10:06 PM PST by truthkeeper
SPARTANBURG, S.C. Newt Gingrich signaled Wednesday that he believes his criticism of Mitt Romneys record at Bain Capital is a mistake and that hes created an impression that he was echoing Democratic rhetoric.
Gingrich conceded the problem when pressed by a Rick Santorum supporter at a book-signing here Wednesday.
Im here to implore one thing of you. I think youve missed the target on the way youre addressing Romneys weaknesses. I want to beg you to redirect and go after his obvious disingenuous about his conservatism and lay off the corporatist versus the free market. I think its nuanced, Dean Glossop, an Army Reservist from Inman, S.C., said.
(Excerpt) Read more at politico.com ...
It is a hit-piece and conservative have been played for fools this whole primary. Game, set, match by GOP. And how did the last election go with the GOP calling the shots? Our focus should have been on who has the best policies to turn this country around, and the strength and experience to make it happen. Unfortunately this missed opportunity will cost us our country.
That is sad commentary, sad but very true.
More and more this whole lot is looking like “The Gang That Couldn’t Shoot Straight.”
Reuters reports in "Special report: Romney's steel skeleton in the Bain closet" that Romney's Bain Capital took a $44 million government bailout in 2002 from the federal U.S. Pension Benefit Guaranty Corp after they determined that Bain had underfunded its steel mill's pension by $44 million. Workers were denied the severance pay and health insurance theyd been promised, and their pension benefits were cut by as much as $400 a month. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.
Spot on. The heats only going to get hotter on Romney. If he can’t turn this around now, he needs to start losing and fast.
Do you REALLY think Perry even knows how to put on a ringtone?...much less had anything to do with it?
Anyway, you are about 2 or 3 months behind...you're still hung on "heartless."
In your "heartless" you know Perry is right!
I lie then followed by lies now. Why do some republicans fall for every attack media makes against other Republicans?
Yes, the “leopards” known as the mainstream media and the liberal left can’t change their “spots” of smearing any popular or powerful conservative with falsehoods and lies...
Newt shot himself in the foot with these remarks, IMHO. Pretty hard to walk it back now.
Here is some good advice for Newt. He should have made a Newt Gingrich truth telling movie about the extreme danger in another term for Obama.
That would have been a real win and would have elevated Newt in a way people are looking for.
So according to you, Mitt Romney is now the only Republican who can beat Obama this year? Who are you, George Snuffalupagus or Karl “Lapdog” Rover?
Santorum - behind Newt in NH
Huntsman - behind Newt in IA
Paul - yeah, right
One of these thing is not like the other, one of these things just doesn’t belong...
HINT Ted Baxter.
What about when you can’t remember that third thing you were going to say?
What kind of decoration did you get?
I’m jealous. I never get any.
"Lately, Bain founder and GOP presidential candidate Mitt Romney has found himself in a spirited defense of the private equity industry, doing all he can to spin decades of data which confirm, without failure, that PE Leveraged Buy Outs are nothing but "efficiency maximizing" transactions whose only goal is the "maximization" of EBITDA in the pursuit of dividend recap deals, IPOs or outright sales, while loading up the company with untenable amounts of leverage. All this with a 3-5 year investment horizon, which ignores the long-term viability of a company and seeks to streamline (read fire as many as possible) operations as quickly as possible in the goal of maximizing short-term returns. We wish him luck in his endeavor."Shame we have so many wannabe Capitalistas here at FR and elsewhere, who adamantly defend this kind of shuck and jive financial paper shuffling as exemplary acts of free-market enterprise.
That was dumb and I don’t think Romney missed a ‘teaching moment’. He said what he believes, although at the very end he does come out for shrinking government. Campaign gaffe due to exhaustion or...?