Wednesday, December 14, 2011

Destroy a company, lose a nomination?

This could be interesting and, quite honestly, I would love to see Mittens have to pay a price for destroying jobs--because despite the rather typical Republican denials that we have to destroy jobs in order to keep them--when you destroy a company in Anywhere, USA and move the jobs to Someplace Else, Indonesia you haven't really created jobs in America!  

Republicans Warn Bain Capital Could Cripple Romney’s Campaign | TPM2012

Mitt Romney’s career at Bain Capital buying up and restructuring companies — sometimes with major job cuts along the way — has been a glaring vulnerability since his earliest political runs. But it’s rarely come up in his two presidential campaigns, where the GOP’s investor-friendly ethos has made rivals hesitant to use it against him. Until now, that is. Newt Gingrich got the toughest shot in on Monday, suggesting that Romney’s time at Bain showed he was heartless and out of touch with the average American. “I would just say that if Gov. Romney would like to give back all of the money he’s earned from bankrupting companies and laying off employees over his years at Bain, that I would be glad to listen to him,” Gingrich told reporters. Jon Huntsman’s been hinting at Romney’s investment capital years as well, albeit more subtly, making extensive use of a now infamous photo of Bain-era Romney awash in dollar bills in his new website 10kbet.com and an accompanying web video (This is the same Huntsman whose father is a billionaire). Why is the issue coming up all of a sudden? Despite the Tea Party’s anti-bailout streak, it isn’t because Republicans have suddenly decided they hate investors — Gingrich, for example, got pilloried in the conservative press as anti-capitalist over his “layoffs” line and conspicuously rededicated himself to a “positive” campaign the very next day. The real subtext is electability. President Obama has made it absolutely clear that this race is going to about the 99% vs. the 1% on taxes, entitlements, and regulation. Sure we think Bain Capital is a paragon of free market values, Romney’s Republican critics argue, but what about those swing voters who are all too easily swayed the first time they see an ad featuring workers Romney laid off?

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