The Rude Boys
This is terribly rude, and when these candidates said these rude things, there was, you'll recall, a huge outcry among the moneyed class about just how rude it was:
Republican Texas Governor Rick Perry: “The idea that you’ve got private equity companies that come in and take companies apart so they can make profits and have people lose their jobs, that’s not what the Republican Party’s about.”
Republican former House Speaker Newt Gingrich: “The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I’ll let you decide if that’s really good capitalism. I think that’s exploitation.”
Republican Texas Governor Rick Perry: “It’s all about how much money can we make, how quick can we make it, and then get out of town and find the next carcass to feed upon”
Republican former House Speaker Newt Gingrich: “We find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.”
Republican Texas Governor Rick Perry: “Now, I have no doubt Mitt Romney was worried about pink slips — whether he was going to have enough of them to hand out because his company, Bain Capital, of all the jobs that they killed”
Republican former House Speaker Newt Gingrich: “He claims he created 100,000 jobs. The Washington Post, two days ago, reported in their fact check column that he gets three Pinocchios. Now, a Pinocchio is what you get from The Post if you’re not telling the truth.”
Republican Texas Governor Rick Perry: “There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business, and I happen to think that’s indefensible”
Republican former House Speaker Newt Gingrich: “If Governor Romney would like to give back all the money he’s earned from bankrupting companies and laying off employees over his years, then I would be glad to then listen to him”
Republican Texas Governor Rick Perry: “If you’re a victim of Bain Capital’s downsizing, it’s the ultimate insult for Mitt Romney to come to South Carolina and tell you he feels your pain, because he caused it.”
Republican former House Speaker Newt Gingrich: “I think there are things you can legitimately look at in Bain Capital. I think there are things you can legitimately look at in anybody’s record including Mitt Romney’s record.
Republican Texas Governor Rick Perry: “They’re vultures that sitting out there on the tree limb waiting for the company to get sick and then they swoop in, they eat the carcass. They leave with that and they leave the skeleton”
Surely you remember all the clutching of pearls and rending of garments when these people were insulting the fine folks of Bain Capital and, by extension, the All American heroes of "private equity" who basically put the shirt on your back and food on your table andyoushouldbegrateful. What? You don't remember it?
Anyway, my favorite was this one, which tells the tale perfectly. Newtie always did have a way with words:
“The question is whether or not these companies were being manipulated by the guys who invest to drain them of their money, leaving behind people who were unemployed,” he said. “Show me somebody who has consistently made money while losing money for workers and I’ll show you someone who has undermined capitalism.”
Not that he meant it, of course. But when the political establishment starts whining about Democrats being unfriendly to capitalism, remind them of these quotes. You can say a lot of things about Newtie and Rick Perry, but I'm guessing accusing them of being socialists isn't going to fly.