Quotes of the day

posted at 9:30 pm on January 8, 2012 by Allahpundit

“Thanks to a $5 million donation from a wealthy casino owner, a group supporting New Gingrich plans to place advertisements in South Carolina this week attacking Mitt Romney as a predatory capitalist who destroyed jobs and communities, adding a full-scale Republican dimension to an assault on Mr. Romney’s business background…

“The Bain-centered campaign strikes at the heart of Mr. Romney’s argument for his qualifications as president — that as a successful executive in the private sector, he learned how to create jobs — and advances an argument that President Obama’s re-election campaign has signaled it would employ aggressively against Mr. Romney.

“‘His business success comes from raiding and destroy businesses — putting people out of work, stealing their health care,’ said Rick Tyler, a senior adviser to the pro-Gingrich super PAC, Winning Our Future, which recently bought the film, ‘King of Bain: When Mitt Romney Came to Town,’ after groups backing two other Republican candidates passed up opportunities to use it…

“‘If this is free enterprise, then conservatives should have nothing to do with it,” [Tyler] said. ‘It is predatory paper-shuffling. Mitt Romney was engaged in the engineered destruction of free enterprise,’ including raiding workers’ pension and health care funds to finance corporate takeovers, he said.”

***

“President Obama’s chief campaign strategist David Axelrod today on ‘This Week’ honed his two-pronged attack on GOP frontrunner Mitt Romney, insisting the former Bain Capital CEO’s record and shifting policy positions will undermine his general election appeal.

“‘Frankly I don’t think bringing a Bain mentality to this economy — to running this economy — makes him a strong candidate,’ Axelrod told me. ‘I don’t think shifting and moving around on positions – fundamental positions – is one that people are going to embrace.’…

“‘He is not a job creator he is a corporate raider,’ he added. ‘Those aren’t the values that we want to lead our economy.’”

***

“The young men in business suits, gingerly picking their way among the millwrights, machinists and pipefitters at Kansas City’s Worldwide Grinding Systems steel mill. Gaping up at the cranes that swung 10-foot cast iron buckets through the air. Jumping at the thunder from the melt shop’s electric-arc furnace as it turned scrap metal into lava…

“Apparently they liked what they saw. Soon after, in October 1993, Bain Capital, co-founded by Mitt Romney, became majority shareholder in a steel mill that had been operating since 1888…

“Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut by as much as $400 a month.

“What’s more, a federal government insurance agency had to pony up $44 million to bail out the company’s underfunded pension plan. Nevertheless, Bain profited on the deal, receiving $12 million on its $8 million initial investment and at least $4.5 million in consulting fees.”

***

NEWT GINGRICH: Well, I — I haven’t seen the film, but it does reflect ‘The New York Times’ story two days ago about one particular company. And I think people should look at the film and decide. If it’s factually accurate, it raises questions.

I’m very much for free enterprise. I’m very much for exactly what the Governor just described, create a business, grow jobs, provide leadership.

I’m not nearly as enamored of a Wall Street model where you can flip companies, you can go in and have leveraged buyouts, you can basically take out all the money, leaving behind the workers.

***

“Gingrich also repeatedly told viewers to watch a forthcoming anti-Romney movie that Gingrich supporters have bought the rights to. Newt claimed—implausibly—to not have seen it, though he does know that it clocks in at exactly 27 1/2 minutes.

“Newt continued with his bizarre attacks against Romney for being a successful businessman. Seemingly unaware that GOP primary voters worship at the altar of the free market, Gingrich has adopted the DNC attack line that Romney is a modern day Gordon Gekko who delights in laying off American workers to line his own pockets. In Gingrich’s world, lobbying for a sleazy quasi-governmental entity that played a role in the U.S. economic meltdown is preferable to creating wealth in the private sector. Good luck with that message in a Republican primary.”

***

“If nothing else, you in the tea party movement have spent the last three years teaching Americans that we are in a battle for the very soul of capitalism. And here comes Romney, the soul of American capitalism in the flesh. Look back over his career as a predator drone at Bain Capital: Isn’t it the exact sort of background you always insist politicians ought to have as you wave your copy of ‘Atlas Shrugged’ in the air?

“It’s true that Romney said that the bank bailouts of 2008-09 were necessary, while you regard them as a mortal sin against free-market principles. But you shouldn’t hold this against him. Any study of bank history reveals that free-marketeers have no problem doling out, or grabbing for, government money when the chips are down…

“With Romney, a centimillionaire venture capitalist, carrying your banner in 2012, you will finally get to submit your capsized vision of social class to the verdict of the people — the actual flesh-and-blood people, that is, not the corporate ‘people’ who make up the S&P 500.”

***

“[N]ot only is Romney’s Bain record on trial here, so is the whole idea of Schumpeterian, entrepreneurial capitalism where ‘creative destruction’ creates a massive net benefit for society. This is exactly the idea that the Obama reelection campaign is attacking as promoting unacceptable levels of inequality. (Apparently bad government investments — like in Solyndra — that lose jobs are OK.)”

***

Via the pro-Gingrich Super PAC Winning Our Future:

***

“I know what it’s like to worry about whether you’re going to get fired.”

***

Via Mediaite.


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Nothing like the smell of desperation from a bitter, adulterous, fat government hack.

haner on January 8, 2012 at 9:35 PM

Bishop!

massrighty on January 8, 2012 at 9:36 PM

And then, Romney got a dose of his own medicine. Lol!

MTLassen on January 8, 2012 at 9:36 PM

“I know what it’s like to worry about whether you’re going to get fired.”

Because I’m most like the guy who’s holding your pink slip…

Bruno Strozek on January 8, 2012 at 9:36 PM

and advances an argument that President Obama’s re-election campaign has signaled it would employ aggressively against Mr. Romney.

Aggressively? Yes. Effectively? Not so much.

Go RBNY on January 8, 2012 at 9:37 PM

At the end of this cut and dice, slash and burn, scorched earth process, will any of these flawed candidates be able to stand up against Obama?

Dandapani on January 8, 2012 at 9:37 PM

Now we’ll see how much Fidel Romney enjoys the temperature in the kitchen.

Typhonian on January 8, 2012 at 9:37 PM

Well, he needs to come up with an argument to combat this line of attack, because Axlerod and the rest of the Dems will go for the jugular of whoever the nominee is.

txmomof6 on January 8, 2012 at 9:37 PM

Politics aint beanbag mittbots

Flapjackmaka on January 8, 2012 at 9:40 PM

My mom actually got polled this weekend. She told them she’d vote for Romney. I was actually pretty surprised by this, but she also told me that she doesn’t really believe any of them will do what they say. She emphatically told me she would NOT vote for “that Grinch” guy in the primary. In the end, though, she made it clear she would vote for a turkey on sourdough bread before she voted for Barack. Yay, mom!!

SouthernGent on January 8, 2012 at 9:40 PM

Not surprised when this comes from a community organizer. From a “conservative”? Yeah, guess if newts only experience has been academia and the government teat, it’s not a real shocker. ” you don’t know what it’s like in the private sector- they expect results.”

drballard on January 8, 2012 at 9:41 PM

The truth is somewhere in the middle. This will hurt Mitt. It certainly won’t help him. I despise this class warfare crap. I have never gotten a job from a poor man, but I have been fired by a rich man.

Bmore on January 8, 2012 at 9:41 PM

Haters gonna hate. All this “upper class” resentment leads nowhere good.

DiscePati on January 8, 2012 at 9:41 PM

“My advice is to start drinking heavily” – Otter
think I’m going to take that advice……

thedevilinside on January 8, 2012 at 9:42 PM

Not surprised when this comes from a community organizer. From a “conservative”? Yeah, guess if newts only experience has been academia and the government teat, it’s not a real shocker. ” you don’t know what it’s like in the private sector- they expect results.”

drballard on January 8, 2012 at 9:41 PM

Fitting quote, are you the gatekeeper?

DiscePati on January 8, 2012 at 9:43 PM

Hows the attack ads working for you now Mitt?

Southernblogger on January 8, 2012 at 9:43 PM

It’s going to be amusing watching formal Presidential debates and sitting back and not giving a damn. Have to admit- with Bush, Reagan, even remembering back to Ford – I used to get nervous.

QOTD for me: Perry: “I think I’m one of the only candidates up here who has clearly called Obama a socialist.”

Good luck with Mittens, fellas.

Marcus on January 8, 2012 at 9:43 PM

Well, he needs to come up with an argument to combat this line of attack, because Axlerod and the rest of the Dems will go for the jugular of whoever the nominee is.

txmomof6 on January 8, 2012 at 9:37 PM

Exactly, I also hate the thought that we choose a nominee based on what Dems might do to destroy them. If we can’t take the fight to them on capitalism we deserve 4 more years of Obama.

msmveritas on January 8, 2012 at 9:44 PM

Allah loves this stuff. Last night he was tweeting for someone to “throw a chair”. He got his wish. Ugly, ugly stuff from so called conservatives.

bluealice on January 8, 2012 at 9:44 PM

This is the issue that separates the true conservatives from the guys who vote how their preacher tells em to- freedom is scary. Free people can succeed like crazy or crash and burn-neither can be pretty to watch. But that’s how a free people live their life. You jealous of romneys well earned success- you can’t play in a man’s game, then hit the bricks pal cause you are going down.

drballard on January 8, 2012 at 9:45 PM

And I’m actually more of a key master….

drballard on January 8, 2012 at 9:46 PM

Should be an interesting line of attack for the Dems. “Don’t vote for Romney. He killed almost as many jobs as Obama.”

Go RBNY on January 8, 2012 at 9:47 PM

Romney’s problem is that all of his problems reinforce one another. First, he is unlikeably insincere on an Eddie Haskell sort of way. Second, it’s hard (emotionally if not logically) to make a case, in that Eddie Haskell way, to unemployed people that making millions of dollars by laying people off is a good thing, particularly when you’re raiding pensions funds and so on. And, finally, he tops it all by opposing safety net programs that middle class people rely on while at the same time keeping his own taxes artificially low.

You may or may not support his policies, but a well-groomed millionaire telling worried people that laying them off and savaging their retirement while cutting his own taxes is the key to prosperity is not going to get elected.

urban elitist on January 8, 2012 at 9:47 PM

Yeah, guess if newts only experience has been academia and the government teat, it’s not a real shocker.

drballard on January 8, 2012 at 9:41 PM

Not exactly, doctor

MTLassen on January 8, 2012 at 9:47 PM

Hows the attack ads working for you now Mitt?

Southernblogger on January 8, 2012 at 9:43 PM

Romney leads South Carolina at 32%. Looks like they are working great.

How’s that class warfare working in a Republican primary, genius?

haner on January 8, 2012 at 9:48 PM

If electability is the issue, and Romney supporters have most definitely made it a central issue, then this kind of attack is legitimate.

If Romney cannot even take this kind of heat in the Republican primaries, where the voters are sympathetic to creative destruction, how can he possibly beat Obama in the general election where the voters in the squishy middle are going to be far more sympathetic to the “workers were treated badly” argument?

I do not like it, but if the argument is about electability …..

fadetogray on January 8, 2012 at 9:48 PM

Ugly, ugly stuff from so called conservatives.

bluealice on January 8, 2012 at 9:44 PM

“Let’s take them son’s of bitches out!”
Not from a Tweet.

Electrongod on January 8, 2012 at 9:49 PM

Newt’s lobbying/historical work for pharmaceutical companies and Freddie had a great deal more dire consequences on American lives…I would take it a little easy if I were him.

KOOLAID2 on January 8, 2012 at 9:50 PM

Predatory Capitalist? Is that anything like a Compassionate Conservative?

MeatHeadinCA on January 8, 2012 at 9:51 PM

I’m envious as he’ll of romneys drive and talent. But he earned that dough and made a lot of Americans rich along the way. Wish he had run as governor of Michigan, but too late now. As for Romney being able to handle the heat, he ran against lord of the underworld Ted Kennedy (who ironically used the same attach “conservative” Gingrich is using). He almost beat a Kennedy in Ma, I think he can beat the Chicago machine if the party will stop acting like liberals and embrace capitalistic success instead of tearing it down.

drballard on January 8, 2012 at 9:51 PM

Just found out how Dianne Sawyer formulates those debate questions.Amazing!

bloggless on January 8, 2012 at 9:52 PM

Newt’s lobbying/historical work for pharmaceutical companies and Freddie had a great deal more dire consequences on American lives…I would take it a little easy if I were him.

KOOLAID2 on January 8, 2012 at 9:50 PM

I thought Bain benefited from the Bailouts…

MeatHeadinCA on January 8, 2012 at 9:52 PM

You may or may not support his policies, but a well-groomed millionaire telling worried people that laying them off and savaging their retirement while cutting his own taxes is the key to prosperity is not going to get elected.

urban elitist on January 8, 2012 at 9:47 PM

He cut his own taxes? Yeah Bush only cut taxes for the millionaires too remember/?

What if Bain Capital were charged with downsizing the behemoth we currently know as the Federal Government? I would love to see Mitt and Co., take the scissors to that dysfunctional monster.

msmveritas on January 8, 2012 at 9:52 PM

then this kind of attack is legitimate

In a DNC kind of way..

bluealice on January 8, 2012 at 9:53 PM

haner on January 8, 2012 at 9:48 PM

We will find out in SC. And it is not class warfare to point out that Mitt was a corporate raider who dismantled companies and cost people their livelihood for personal gain.Newt is putting it out now instead of Obumbler doing it in Sept-Oct.

Southernblogger on January 8, 2012 at 9:53 PM

haner on January 8, 2012 at 9:35 PM

Haner, your Mom is calling you from out of the basement. Good news: She has grilled-cheese sandwiches!

BCrago66 on January 8, 2012 at 9:55 PM

“‘Frankly I don’t think bringing a Bain mentality to this economy — to running this economy — makes him a strong candidate,’ Axelrod told me. ‘I don’t think shifting and moving around on positions – fundamental positions – is one that people are going to embrace.’…
==================================================================

DNC Debbie weighs in on Bain!!

Party Chairs Spar Over Economy, 2012 RaceJan 8, 2012
Video (13:36)
Reince Priebus, Debbie Wasserman Schultz on ‘Fox News Sunday’
**************************************************************

http://video.foxnews.com/v/1374672479001

canopfor on January 8, 2012 at 4:06 PM

canopfor on January 8, 2012 at 9:55 PM

What if Bain Capital were charged with downsizing the behemoth we currently know as the Federal Government? I would love to see Mitt and Co., take the scissors to that dysfunctional monster.

His governorship in MA is a better way to see what he’ll do.

Flapjackmaka on January 8, 2012 at 9:56 PM

Mtlassen, please explain the insight into free market capitalism that commes from writing books? If that’s your qualifier, do obamas 2 books count?

drballard on January 8, 2012 at 9:56 PM

So, Obama did the right thing in bailing out the auto industry, then?

OldEnglish on January 8, 2012 at 9:56 PM

grilled-cheese sandwiches!

BCrago66 on January 8, 2012 at 9:55 PM

…mmmmmm

equanimous on January 8, 2012 at 9:56 PM

a corporate raider who dismantled companies and cost people their livelihood for personal gain

His company also save a lot of of jobs by reorganizing companies (Staples, dominoes, etc)

bluealice on January 8, 2012 at 9:58 PM

You may or may not support his policies, but a well-groomed millionaire telling worried people that laying them off and savaging their retirement while cutting his own taxes is the key to prosperity is not going to get elected.

urban elitist on January 8, 2012 at 9:47 PM

He cut his own taxes? Yeah Bush only cut taxes for the millionaires too remember/?

What if Bain Capital were charged with downsizing the behemoth we currently know as the Federal Government? I would love to see Mitt and Co., take the scissors to that dysfunctional monster.

msmveritas on January 8, 2012 at 9:52 PM

In many ways the federal government is extremely efficient. Overhead in the Medicare program runs 1-2% vs. 15-20% for private insurers.

Mitt, whose income is largely taxed at the capital gains tax rate (apparently) will have to make a case for the the laying-off class’s taxes being lower that the laid-off class’s. Good luck with that.

Bush, btw, cut his own taxes to a much higher extent than he cut mine.

urban elitist on January 8, 2012 at 9:59 PM

I thought downsizing the government is one of the goals.

galtani on January 8, 2012 at 10:00 PM


He is not a job creator he is a corporate raider,’ he added. ‘Those aren’t the values that we want to lead our economy.’”

But but but i was told Obama wants to run against Romney so why the full mode attack today against Bain capital from the left and right?

The upside with Bain is, that Obama will have to talk about Jobs and the economy when running against Romney, so it might not be that bad of an idea to nominate the guy who will make sure the focus is on Jobs

OrthodoxJew on January 8, 2012 at 10:00 PM

I thought Bain benefited from the Bailouts…

Um…what planet are you living on? First of all, Romney hasn’t been at Bain for years (since 2002 at least). Second of all, Bain Capital didn’t get any bailout money from TARP or Bush/Obama anyway, so I literally have no idea WTF you’re talking about.

Esoteric on January 8, 2012 at 10:00 PM

What’s more, a federal government insurance agency had to pony up $44 million to bail out the company’s underfunded pension plan.

That sounds like Bain took advantage of government sponsored corporate welfare, leaving the taxpayers on the hook for $44 million.

slp on January 8, 2012 at 10:00 PM

then this kind of attack is legitimate

In a DNC kind of way..

bluealice on January 8, 2012 at 9:53 PM

You missed the point. It is legitimate in an “is this guy electable with that record, even if you like what he did,” kind of way.

Any heat Romney gets here in the primaries on this is going to be nothing compared to what he will get in the general election.

My point is that the whole “electability” argument is bogus once you get past the experience issue, and all of the current candidates have plenty of experience.

fadetogray on January 8, 2012 at 10:01 PM

In a DNC kind of way..

bluealice on January 8, 2012 at 9:53 PM

Hipocrisy much?

MTLassen on January 8, 2012 at 10:02 PM

We will find out in SC. And it is not class warfare to point out that Mitt was a corporate raider who dismantled companies and cost people their livelihood for personal gain.Newt is putting it out now instead of Obumbler doing it in Sept-Oct.

Southernblogger on January 8, 2012 at 9:53 PM

The point is the GOP candidates have spent months arguing that investors and businesses aren’t hiring because they don’t have the necessary capital and have a big regulatory burden…

But you can’t make that argument against Obama if you attack exactly the type of business activity that is not exclusive to Bain because you are worried it will scare populist, self described “conservative” voters.

If we can’t make an argument for free enterprise and capitalism against Obama, then why are we running around yelling about find a true and pure conservative candidate in the first place?

Bluray on January 8, 2012 at 10:02 PM

Mtlassen, please explain the insight into free market capitalism that commes from writing books? If that’s your qualifier, do obamas 2 books count?

drballard on January 8, 2012 at 9:56 PM

Two Autobiographies? Yeah, that works for most narcissist at heart.

Rovin on January 8, 2012 at 10:02 PM

bluealice on January 8, 2012 at 9:58 PM

And he needs to make that case. He needs to make it clear that yes, he had to make cuts, but without those cuts the companies were likely to fail. The point is that we need to know if Mitt can weather this stuff.

Southernblogger on January 8, 2012 at 10:02 PM

Please people, don’t compare the attack ads against Newt with those against Mitt.

the anti-Mitt ad is anti-capitalist…and stupid. Jimmy Ling was forming conglomerates in the 70s

http://en.wikipedia.org/wiki/James_Ling

and his company bought out my fathers company. mergers/acquisitions happen all the time.

Obama wants a state-run economy…maybe Newt does too. The only way you are going to guarantee a job in a company to someone forever, and a pension until they die is to have a state-run economy.

Many people want that. They wanted that in the 80s with Japan…planned and a job for life.

People think that that china does that state-planning real good.

Newt has become a trashy pol.

But, Romney needs to robustly deal with capitalism. For the sake of the country….but this is Newt’s last rodeo.

I’m not worried about a wasted pol like Newt..I am worried about the vultures waiting in the wings…like Axelrod.

Remember, their goal is to marginalize the R party for 40 years…make it a regional party. Then Obama and his successors can rule the country for two generations…into oblivion

r keller on January 8, 2012 at 10:03 PM

I’m envious as he’ll of romneys drive and talent. But he earned that dough and made a lot of Americans rich along the way. Wish he had run as governor of Michigan, but too late now. As for Romney being able to handle the heat, he ran against lord of the underworld Ted Kennedy (who ironically used the same attach “conservative” Gingrich is using). He almost beat a Kennedy in Ma, I think he can beat the Chicago machine if the party will stop acting like liberals and embrace capitalistic success instead of tearing it down.

drballard on January 8, 2012 at 9:51 PM

Romney lost by 17%, 58 to 41, he didn’t win a county, so I guess he almost beat him.

RickB on January 8, 2012 at 10:03 PM

drballard on January 8, 2012 at 9:56 PM

You or some other Mittbot/Newt-hater said that Newt only made money by sucking off the government teat or in academia. False: Dozens of commercially successful books (and movies) authored or produced by Newt refutes that.

BCrago66 on January 8, 2012 at 10:04 PM

Bain got a $10 million bailout as well.

Flapjackmaka on January 8, 2012 at 10:04 PM

MTLassen on January 8, 2012 at 10:02 PM

Um, that was Chris Matthews opinion, not mine.

bluealice on January 8, 2012 at 10:04 PM

Romney said, “I’m not willing to sit back and say, ‘Too bad for Michigan, too bad — too bad for the car industry, too bad for the people who’ve lost their jobs. They’re gone forever.’”

Of course its Romney so he was also on the other side of the argument.

http://www.youtube.com/watch?v=HmYasS9p9zs

sharrukin on January 8, 2012 at 10:04 PM

At this rate Obama will win in March of 2012.

Schadenfreude on January 8, 2012 at 10:05 PM

Bluray on January 8, 2012 at 10:02 PM

When people think of leveraged buyouts they don’t get visions of American Dream capitalism.Let Mitt make his case.

Southernblogger on January 8, 2012 at 10:05 PM

“‘Frankly I don’t think bringing a Bain mentality to this economy — to running this economy — makes him a strong candidate,’ Axelrod told me. ‘I don’t think shifting and moving around on positions – fundamental positions – is one that people are going to embrace.’…

Yeeeaaahhh..we need an Annenberg and ACORN mentality to run this economy because people embrace a person who promises to hold healthcare debates on C-Span and then does everything behind close doors so that we have to pass Obamscare to find out what’s in it .

burrata on January 8, 2012 at 10:06 PM

“‘Frankly I don’t think bringing a Bain mentality placing the American taxpayer on the hook for failed green-energy industries run by a central-command federal government to this economy — to running this economy — makes him a strong candidate,’ Axelrod told me.

onlineanalyst on January 8, 2012 at 10:07 PM

I thought Bain benefited from the Bailouts…

MeatHeadinCA on January 8, 2012 at 9:52 PM

Would not have needed bailouts or any of the crud that followed…had the mortgage industry not gone into the crapper…and they are not done with that mess yet. Most people are still underwater, and losing their homes, retirement, nest eggs, etc

KOOLAID2 on January 8, 2012 at 10:07 PM

Fox News Sunday
Transcript
****************

Joining us to preview that race are the heads of the two parties. From Racine, Wisconsin, Republican National Party Chair Reince Priebus. And here in New Hampshire, Democratic Party chair and Congresswoman Debbie Wasserman Schultz.

And welcome to both of you.

REP. DEBBIE WASSERMAN-SCHULTZ, DNC CHAIR: Thank you.
—————————————————-

WALLACE: Wait, wait. Let me — Chairman, let me move on.

Congresswoman, Republicans are just beginning to pick your nominee — their nominee, rather, your party is putting out ad after ad targeting Mitt Romney. And, in fact, during the debate last night, the DNC sent out several e-mails going after Romney but no one else.

Why all of the focus by your party on Mitt Romney?
**************************************************

WASSERMAN SCHULTZ: Mitt Romney has earned that scrutiny. He had spent his entire campaign relentless attacking President Obama, distorting his record, decategorizing his record.

WALLACE: Forget about distorting. That fact is all of the Republicans are going after Obama. But you guys are going after Mitt Romney.

WASSERMAN SCHULTZ: Well, Mitt Romney is one of the candidates who was near the top, or at the top of their field. And so, he invites and deserves that scrutiny because he has been distorting and mischaracterizing the president’s record.

And you know what? Other presidential candidate has taken that lying down and we’re not going to. The fact is that this president has a remarkable record of beginning to getting the economy turned around, of fighting for the middle class and working families. Hold on one second.

WALLACE: No, no, I am trying to be fair.

WASSERMAN SCHULTZ: OK. Well –

WALLACE: No, I am trying to be fair. I understand –

WASSERMAN SCHULTZ: Why the scrutiny, because Mitt Romney has no convictions. He’s someone who has flip flopped on every major issue and voters need to know.

WALLACE: Let me ask you a question. You go after — let me ask you — you go after Romney for laying off people at Bain Capital, correct?

WASSERMAN SCHULTZ: Well, for a lot of things, related to his role at Bain Capital.

WALLACE: But that’s one of them.

WASSERMAN SCHULTZ: For that. For outsourcing jobs –

WALLACE: Let me ask you about that. Is the president responsible for laying off the people at Solyndra?

WASSERMAN SCHULTZ: No, because the president wasn’t the CEO of Solyndra.

WALLACE: Well, Romney wasn’t the CEO of these companies, either. The president was –

WASSERMAN SCHULTZ: No, Romney –

WALLACE: Excuse me. The president was a venture capitalist. He put taxpayer money into Solyndra and a thousand people lost their jobs.

WASSERMAN SCHULTZ: OK.

WALLACE: So is the president responsible for the thousand people who lost their jobs at Solyndra?

WASSERMAN SCHULTZ: Not even close. But Mitt Romney is responsible for being CEO of companies that he took over. That –

WALLACE: No, he wasn’t the CEO.

WASSERMAN SCHULTZ: He was the CEO of Bain. Bain bought these companies, took them over –

WALLACE: Well, the president is the CEO of the country.

WASSERMAN SCHULTZ: But he’s not the CEO of Solyndra.

WALLACE: And Mitt Romney wasn’t the CEO of AMPAD or these other companies.

WASSERMAN SCHULTZ: But Bain Capital owned those companies. He made the decision –

WALLACE: So, you are saying the president had no responsible for what happened in Solyndra? WASSERMAN SCHULTZ: What I’m saying is that Mitt Romney, as the CEO –

WALLACE: I’m asking you about the president.

WASSERMAN SCHULTZ: No. Mitt — no, the president –

WALLACE: Has no responsibility for Solyndra?

WASSERMAN SCHULTZ: The president has responsibility for the green jobs programs where he made investments.

WALLACE: And how about the company Solyndra that went bankrupt?

WASSERMAN SCHULTZ: But the decisions that were made at Solyndra that ultimately led to their bankruptcy were those of the people who worked at Solyndra. Mitt Romney — Chris, let me answer you a question, please.

WALLACE: Well, I think you did answer the question
(More….)
===========

http://www.foxnews.com/on-air/fox-news-sunday/2012/01/08/party-chairs-spar-over-economy-2012-race-ron-paul-path-nomination?page=2

canopfor on January 8, 2012 at 10:07 PM

Today Gallup’s daily tracking has Romney leading Newt nationally by 15 points. A week ago Romney lead Newt by 1 point.

Jon0815 on January 8, 2012 at 10:07 PM

Where were all the Romneybots whining about DNC talking points, when Willard went after Perry for identifying social security correctly as a ponzi scheme? DNC talking points were not much of problem back then, huh?

Valkyriepundit on January 8, 2012 at 10:08 PM

Gingrich the snow man is melting.

NickDeringer on January 8, 2012 at 10:10 PM

Cannibalism. This is getting nasty. Let’s just give it to Obama and drink the koolaid.

TXMomof3 on January 8, 2012 at 10:10 PM

Bush, btw, cut his own taxes to a much higher extent than he cut mine.

urban elitist on January 8, 2012 at 9:59 PM

Hate to bust your egalitarian little bubble but Facts are stubborn things.

msmveritas on January 8, 2012 at 10:11 PM

Mtlassen, please explain the insight into free market capitalism that commes from writing books? If that’s your qualifier, do obamas 2 books count?

drballard on January 8, 2012 at 9:56 PM

You’ve quite obviously never been published, nor made a living from writing. Writing books for profit over a period of 20 years is an entrepreneurial enterprise. Nor do you have as much understanding of free market enterprise as you’d like others to believe. Ever heard of publishing contracts?

Secondly, Gingrich actually wrote, or co-wrote his publications, all twenty three of them, including severl bestsellers, both fiction and non-fiction.

Keep trying, though, doctor. It’s amusing!

MTLassen on January 8, 2012 at 10:11 PM

Would not have needed bailouts or any of the crud that followed…had the mortgage industry not gone into the crapper…and they are not done with that mess yet. Most people are still underwater, and losing their homes, retirement, nest eggs, etc

KOOLAID2 on January 8, 2012 at 10:07 PM

So the government jumped in bed with the businesses and banks, and Newt (but not Mitt) is to blame?

MeatHeadinCA on January 8, 2012 at 10:11 PM

When people think of leveraged buyouts they don’t get visions of American Dream capitalism.Let Mitt make his case.

Southernblogger on January 8, 2012 at 10:05 PM

He is trying to make his case. What I am saying is that the ad by Newt, while it is a successful attack right now, it kind of makes him and the other candidates appear hypocritical for spending so much time talking about how the President doesn’t understand economics and how free enterprise and capitalism works while tip toeing for conservative populists who probably also don’t want a single change made to Medicare and SS either.

If we are going to tiptoe around this issue, then I’m not sure what all the complaining about moderates is about, because Newt’s ad suggests a real and brutally honest economic conservative can’t win.

Bluray on January 8, 2012 at 10:13 PM

O/T
====

Rep. Giffords and her husband, Mark Kelly, greet constituents at Tucson ceremony

– via @myhleeStory metadata:
Submitted 20 mins ago from twitpic.com by editor

http://twitpic.com/851p23

http://www.breakingnews.com/

canopfor on January 8, 2012 at 10:14 PM

Isn’t it the exact sort of background you always insist politicians ought to have as you wave your copy of ‘Atlas Shrugged’ in the air?

Obviously the commenter at the LA Times never read Atlas Shrugged. It was the do-gooders in the name of social justice and the leeches that sucked from productivity that destroyed the incentive of the capitalists.

onlineanalyst on January 8, 2012 at 10:14 PM

Our candidates MUST BE THOROUGHLY VETTED!

The Marxist scum and their water carriers in the Press will vet, lie, make stuff up and pull an October surprise akin to the financial meltdown that ended the McCain candidacy.

we must know everything about each candidate.

Mitt played smug and above it all while his pacs did the dirty work, looks like a wealthy businessman wants us to know all about Mitt, so much so that he gave 5 Million to run some ads.
Heat Mitt hows’ it feel? I seem to remember Newt taking the high road and even calling out the journalisters for instigating infighting, but Mitt had his own ideas on how to win.

You called the tune purty boy now dance!

ConcealedKerry on January 8, 2012 at 10:15 PM

It is the right background that we want in a leader. Then again, the actions he took in that background show that in that kind of position he frequently makes the choices we would not agree with or want.

He used his money, superior lawyer firepower and ruthless attitude in the pursuit of the almighty dollar to force himself onto struggling but surviving companies. He then used his new position to move money out of the reach of the workers and into the reach of himself and the rest of the greedy people, so that they could close the company down and earn millions of dollars in the process.
Sure, there were other times when he did good things and took small companies and ostensibly helped them increase the size of their business, creating jobs. Of course, it was not in the pursuit of creating jobs he did these things, it was in the pursuit of the almighty dollar.

I can respect a person striving to create value for the purpose of quelling their desire for the almighty dollar. I do it every day I go to work. I work hard to do my job safely, correctly and in a timely manner, so that I am creating wealth, but I do it because I want to get paid and have a job to go back to tomorrow. I tend to see this kind of wealth creation to be much different than the person who goes to work with the intention of making hundreds of thousands of hours worth of money for themselves in just a few years while taking millions of hours of already earned wealth creating work money away from those who already had earned it and throwing them out of a job. Call me crazy, but those two activities just seem to be at polar opposites of each other.

astonerii on January 8, 2012 at 10:15 PM

“‘He is not a job creator he is a corporate raider,’ he added. ‘Those aren’t the values that we want to lead our economy.’”

We need a marxist thug with anti-American values to lead our economy, right A$$elrod ?

burrata on January 8, 2012 at 10:15 PM

“TEBOWL” here we come!

AmeriCuda on January 8, 2012 at 10:16 PM

Cannibalism. This is getting nasty. Let’s just give it to Obama and drink the koolaid.

TXMomof3 on January 8, 2012 at 10:10 PM

TXMomof3:Yup,and especially,allowing SteppyAwfullNess,and
SamuriSawyer to moderate the GOP Debate’s!!:)

canopfor on January 8, 2012 at 10:17 PM

then this kind of attack is legitimate

In a DNC kind of way..

bluealice on January 8, 2012 at 9:53 PM

Um, that was Chris Matthews opinion, not mine.

bluealice on January 8, 2012 at 10:04 PM

Oh the irony! Lol!!! Moar!!

MTLassen on January 8, 2012 at 10:17 PM

Axelrod told me. ‘I don’t think shifting and moving around on positions – fundamental positions – is one that people are going to embrace.’…

I’ve got news for you David, people sure as hell aren’t embracing “shifting and moving around” the deckchairs on a sinking ship, which is what the boy king has been doing for the past 3 years.

Flora Duh on January 8, 2012 at 10:20 PM

Romney has been wealthy his whole life. He was born with a silver spoon in his mouth. If he tries to go the way of ” I can feel your pain” during this election with Obama he will lose heavy!

social-justice on January 8, 2012 at 10:20 PM

Mitt Romney isn’t electable — not in this economic climate, at least. Second look at Perry or someone else?

Punchenko on January 8, 2012 at 10:21 PM

Mitt Romney isn’t electable — not in this economic climate, at least. Second look at Perry or someone else?

Punchenko on January 8, 2012 at 10:21 PM

I thought you were all over Newt?

MeatHeadinCA on January 8, 2012 at 10:22 PM

Mitt Romney isn’t electable — not in this economic climate, at least. Second look at Perry or someone else?

Punchenko on January 8, 2012 at 10:21 PM

This fiel is simply horrible. We should kidnap Paul Ryan and pull off the first American shot gun marriage campaign!

Valkyriepundit on January 8, 2012 at 10:23 PM

Yes, Newt is a moron. Yes, he is making a class welfare/socialist argument against Bain. But if Romney can’t win the Bain attacks in the primary, how will he win them in the general? Bring them on.

cd98 on January 8, 2012 at 10:23 PM

Romney’s problem is that all of his problems reinforce one another. First, he is unlikeably insincere on an Eddie Haskell sort of way. Second, it’s hard (emotionally if not logically) to make a case, in that Eddie Haskell way, to unemployed people that making millions of dollars by laying people off is a good thing, particularly when you’re raiding pensions funds and so on. And, finally, he tops it all by opposing safety net programs that middle class people rely on while at the same time keeping his own taxes artificially low.

You may or may not support his policies, but a well-groomed millionaire telling worried people that laying them off and savaging their retirement while cutting his own taxes is the key to prosperity is not going to get elected.

urban elitist on January 8, 2012 at 9:47 PM

Well stated. You are much more coherent about this than I was in the debate thread this morning.

karenhasfreedom on January 8, 2012 at 10:24 PM

Bush, btw, cut his own taxes to a much higher extent than he cut mine.

urban elitist on January 8, 2012 at 9:59 PM

Hate to bust your egalitarian little bubble but Facts are stubborn things.

msmveritas on January 8, 2012 at 10:11 PM

That’s not what I said. I was talking about the Bush cuts, which had this impact, speaking of facts.

And I’m hardly weeping for the overtaxed 1%. They pay a disproportionate share of the income tax because they have a disproportionate share of the taxable income. Once you throw in the Social Security tax, upper income effective rates are only marginally higher than than those of the middle class.

But, go ahead. Spend the next 10 months selling America on the idea that Mitt Romney is overtaxed. It will be a fine campaign.

urban elitist on January 8, 2012 at 10:24 PM

Money

Midwestprincesse on January 8, 2012 at 10:26 PM

Mitt Romney isn’t electable — not in this economic climate, at least. Second look at Perry or someone else?

Punchenko on January 8, 2012 at 10:21 PM

I thought you were all over Newt?

MeatHeadinCA on January 8, 2012 at 10:22 PM

I’m for beating Obama, keeping the House, and maybe picking up the Senate. I don’t think Romney can do the job — not with his record.

Punchenko on January 8, 2012 at 10:27 PM

Just found out how Dianne Sawyer formulates those debate questions.Amazing!

bloggless on January 8, 2012 at 9:52 PM


.
Did you notice the Ø campaign 2008 “Hope & Change Road” in bas relief on the right side? They have her political leanings styled correctly!

ExpressoBold on January 8, 2012 at 10:27 PM

Mitt is too rich to feel the pain of hard pressed Americans

social-justice on January 8, 2012 at 10:28 PM

Where did the beanbags thing come from?

Midwestprincesse on January 8, 2012 at 10:28 PM

Romney has been wealthy his whole life. He was born with a silver spoon in his mouth. If he tries to go the way of ” I can feel your pain” during this election with Obama he will lose heavy!

social-justice on January 8, 2012 at 10:20 PM

Were you around Hot Air at the height of the Scott Brown campaign? About a week before he won. Hot Air has this delicious headline:

“Hey! Guess who’s started to turn up at New Hampshire fundraisers driving himself in a pick-up?!”

Marcus on January 8, 2012 at 10:28 PM

Romney’s problem is that all of his problems reinforce one another. First, he is unlikeably insincere on an Eddie Haskell sort of way. Second, it’s hard (emotionally if not logically) to make a case, in that Eddie Haskell way, to unemployed people that making millions of dollars by laying people off is a good thing, particularly when you’re raiding pensions funds and so on. And, finally, he tops it all by opposing safety net programs that middle class people rely on while at the same time keeping his own taxes artificially low.

You may or may not support his policies, but a well-groomed millionaire telling worried people that laying them off and savaging their retirement while cutting his own taxes is the key to prosperity is not going to get elected.

urban elitist on January 8, 2012 at 9:47 PM

Well stated. You are much more coherent about this than I was in the debate thread this morning.

karenhasfreedom on January 8, 2012 at 10:24 PM

It’s true. :-(

Punchenko on January 8, 2012 at 10:29 PM

And in other news, I was kinda excited about the new show The Firm, thinking that NBC might finally have aw inner.

Epic fail.

Midwestprincesse on January 8, 2012 at 10:29 PM

The saddest thing is this:

Both GOP candidates are painted as serial liars and anti-middle class.

The ultimate casualty is the GOP brand itself. Sad.

TheAlamos on January 8, 2012 at 10:30 PM

Bluray on January 8, 2012 at 10:13 PM

You have valid points. Of course when Perry was brutally honest about SS, Romney whacked him on it. I will say this, if Mitt handles this well he will majorly reduce my reservations about him as the nominee.

Southernblogger on January 8, 2012 at 10:30 PM

But, Romney needs to robustly deal with capitalism

What you say is true, r keller, but Romney has not made a convincing case for capitalism to the general voter. Romney doesn’t talk about the companies that were saved from bankruptcy and the jobs saved through Bain’s restructuring. He could make those points without sounding defensive, but he doesn’t.

onlineanalyst on January 8, 2012 at 10:30 PM

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