So, what is the brand on Mitt Romney?
Is it because he is Mormon, or is it because he was involved in a venture capital enterprise that bought up failing businesses, stripped out their negatives (which in some instances included a bloated payroll), and put these reconstituted companies back on the market, now much meaner and leaner, but with a good chance of survival.
That all these enterprises did not survive and thrive, is no more a strike against Bain Capital, than any other venture capitalist organization out there. Once relaunched, and Bain Capital has been reimbursed for their efforts, they had the same shot at grabbing the brass ring as any new venture, perhaps better, because they had some idea of how NOT to make rookie mistakes.
I doubt that Mitt would describe his business model in such manner, but we are trying to be a little bit objective here.
The “crony capitalism” label his opponents are trying to hang on Mitt is a red herring.
Mark Levin: Mark blasts the Republican Establishment and Explains Corporatism vs Capitalism
Amen! You stated the case perfectly.