Newt Gingrich is a Socialist and his supporters are Socialists.
They do not understand Capitalism.
Let companies run their businesses in the best way they see fit.
It is very revealing the way Newt is dancing around this mess. It is the same way he dances around everything else. He is always either apologizing for everything he did before he was a candidate or he is dancing. It’s like when he said his $1.6 million payoff from Fannie Mae was “free enterprise.”
Newt is a slimy character. Please do not believe anything he says.
Newt and his supporters do not understand capitalism and free enterprise. They are underneath essentially socialists.
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"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.
You are completely wrong. I support Newt and find him to be closest to Reagan when it comes to the economy, individual rights, and turning this country around and back onto the RIGHT track.
Newt is no socialist, and neither am I. You might want to reconsider your judgemental attitude, or at least remove that plank from your eye first.
“Let companies run their businesses in the best way they see fit.”
Madoff and Milken 100% agree with you.
Letting the taxpayers pony up for Vulture Willard’s greed is NOT capitalism. But it could be criminal.
Let the voters decide THAT now or in November. Either way, Willard the Lib is toast. And I’m fine with THAT.
Hear! Hear! Sometimes the enemy of your enemy is not your friend... Newt is a fraud, and its about time people opened their eyes to it.
For all the reasons we havent supported Romney, we can say the same about Newt. From belief in man-made global warming, to defending some elements of Obamacare, to even flip flopping, their both guilty. So why the man-crush for Newt on FR ? I just dont get it. What has changed about him since just a few months ago when he was in the single digits, and Cain and Perry were battling for top spot? Nothing. Look back at the FR archive, and you scarcely find a kind word about Newt on FR. He is the same Newt we didnt like 5 or 6 months ago.
I’ve lost all confidence in Newt. He has a serious case of perpetual hoof-in-mouth disease. We need someone more self disciplined than Newt.
the establishment had no problem though with Romney running those ad’s and telling lies.
Romney and nutbag Paul can piss off
How about back in May on Meet the Press when he said he supports individual mandates for Obamacare, and the next day or a few days later he came out against it, or did he say he had to reclarify what he said ?
>> They do not understand Capitalism.
Really?
Trading shares is not the embodiment of Capitalism — that activity depends on Capitalism. Capitalism can exist without a public shares market, but not vice versa.
There’s this naive perception that one cannot be a Capitalist unless the practice of value manipulation is accepted as being a good thing.