Skip to comments.Gingrich is a hero for arguing for “ethical capitalism”
Posted on 01/13/2012 6:14:08 PM PST by VinL
Furthermore, making a profit is only one component of owning a business. Whatever happened to the idea that you are responsible for your workers and to the larger community? Too often, people feel like just pawns in a game of ever increasing largesse for the top dogs. The big shots are always the winners often getting payouts in the millions when their companies fail and the losers are left to figure out how to eat or buy clothes for their children. (A new study found that $100 million golden parachutes have become commonplace for failed CEOs).
Romneys class envy claim is predicated on a lie we often here from the uber-rich and their defenders: the highest goal and achievement for Americans is to be wealthy, when all most people want is to be able to provide a decent lives for their families
The unlikely hero in this tale has been Newt Gingrich, who has been making the most coherent argument for ethical capitalism. Says Gingrich, what we want is, a free enterprise system that is honest. . . fair to everyone and gives everyone an equal opportunity to pursue happiness. Criticizing Romneys brand of free enterprise, (Newt)said, Its not fine if the person who is rich manipulates the system, gets away with all the cash and leaves behind the human beings.
Be still my heart.
(Excerpt) Read more at hotair.com ...
FWIW, Newt’s my choice in this race, but the rhetoric concerning Capitalism is out of control nearly on all fronts.
I agree, Power’s support for ‘ethical capitalism’ should definitely raise flags. Capitalism isn’t the problem, it’s fascism and unethical regulations that deserve our attention.
Forget about her involvement with Weiner...
Forgot about her involvement with Weiner...
If these losers want to feed their children, let them go start their own business instead of sucking like leeches on the profit margins of the owners and shareholders!!
Right. The banks and multi-nationals get trillions of free money whenever they go broke-— and the “losers with children” can’t even get a loan from the corrupt bankers to get on their feet.
That’s American capitalism, huh?
Powers is a diehard liberal. She’s rooting for Gingrich. Was does that tell you?
Yep. The kind of greed (not to mention, corruption) that prompts a Washington insider to accept a million and a half bucks from Freddie Mac (taxpayers) for...for what exactly again? A million and a half bucks of yours and everybody's money stolen from you as part of a scheme participated in by Newt. Nope. No greed there. Just a Tiffani's card for the little Mrs. in exchange for a "history" lesson or two is all.
Until now I liked everything about Perry. This socialist nonsense drives me up a wall. Bain may have done well, or badly, when Romney was in charge but if he had broken the law he would have been indicted by now. If people are upset about him leveraging the businesses he was running then why aren't we talking about the banks or purchasers of the bonds?
Your quoting from Bioshock ?
Ahh... Sir you do remember what the moral point of story in that game was right?
Heck its one of the reasons why I like Bioshock 2 so much, in that one it was pure socialisms turn to be roasted for giving in to fanaticism. If you really believe what Andrew Ryan was saying in that game then what happened to his city must be your idea of paradise.
So, why is Newt misframing this argument and attacking one of the primary tools that drives the freedom of America, when he knows that it is the corruption of man that is driving our fall?
Bailing out the rich by the DC/WallSt oligarchy drives American fredom? Huh, who knew?
I suspected as much after your third post. Well done.
The problem is that just when you think your satire is too extreme, the target you’re mocking outdoes you. “I try to be cynical, but I just can’t keep up”.
You put ANYTHING in front of Capitalism, and it isnt Capitalism.
I understand. Like GM, AIG, and trillions to the bankrupt banks. Got it. Thanks.
Actually, I think you’re right, Jag. I think the PAc might “edit”, but I’m sure Newt intends to continue attacking Romney.
But, at the same time, Newt has offered to “disarm” if Romney will do likewise— but Romney has a ton of money, and doesn’t seem to want to give up the advantage.
I don't know who was the first to start with this attack on capitalism, but I'm disgusted with both of them.
And don't you think that professional Capitalists should held to certain professional ethical standards?
Why should a successful businessman be held to any different standard. Why does anyone presume that they have a right to the businessman's success. The law should be applied equally.
This is about corporate piracy and legal loopholes unavailable to most non-professional investors.
No it's not. Gingrich didn't like how he was treated in IA and he's retaliating by attacking the very system that allowed the greatest movement of individuals from lower income brackets to higher income brackets in the history of man. If Bain did anything illegal Romney would have been indicted.
Exit, I don’t think you’re going to get many answers on that one. -:) Obviously, I agree with your point about being “told” who our nominee has to be.
An unspeakable act by Governor Jon Corzine, crony capitalist extraordinaire?
Actually, it stands for Man Financial (after James Man, who founded the original company in 1783), from which MF Global was spun off.
What you have described has nothing to do with and relates in no way to capitalism.
When has that ever happened?
Can you name one law that is applied equally across the board to everyone?
If Bain did anything illegal Romney would have been indicted.
And if they did a lot of things that were very unethical but still legal, that is just fine with you?
Don't you think that the laws should be changed to make it harder for corporate raiders to screw their debtors?
Or is that ok as well?
Who is most famous for being brainwashed.
Powers supported the Obama health care reform, and believes it is a moral imperative to supply health care to all Americans.
Powers supports comprehensive immigration reform and providing a path to citizenship for illegal immigrants, favors gun control, and supports equal rights for gay people in the form of universal civil unions, leaving marriage strictly as a religious institution.
She opposes "don't ask, don't tell." and supports closing Guantanamo Bay and putting prisoners in federal prisons.
She opposes the Iraq war, as well as the Fairness Doctrine, and a constitutional amendment to ban flag burning.
She supports a strong separation of church and state.
She also opposes the death penalty.
She supports the right of countries to choose their own governments free of outside influence but is against the establishment of theocracies. Powers has a particular concern over the influence of Islamists in Egypt due to her husband being of Coptic Egyptian origin.
I shall offer another.
What’s mine is mine unless I love you enough to share it with you, then what’s mine is yours, but not until then.