Perry backer bails over Bain attacks

posted at 1:20 pm on January 12, 2012 by Ed Morrissey

Rick Perry has been campaigning in South Carolina since the Iowa caucuses, looking for a game-changer.  He may have found one, but not in the nature he was seeking.  As a consequence of joining Newt Gingrich’s attack on Mitt Romney over his private-equity experience, one of Perry’s big donors has quit — and switched to Romney:

One of Rick Perry’s leading financial supporters in South Carolina is defecting to Mitt Romney – and he told CNN Thursday that Perry’s sharp criticisms of Romney as a “vulture capitalist” were the main factor in his decision. …

Barry Wynn, the former chairman of the South Carolina Republican Party and a financial adviser in Spartanburg, said the escalating rhetoric about Romney’s business background is “destructive.”

“It’s just a dance I didn’t want to be a part of,” Wynn said in an interview, explaining his decision to leave Perry’s campaign.

Wynn, along with a handful of other previously neutral South Carolina moneymen, will publicly endorse Romney on Thursday.

“This latest attack, it’s so foreign to me, I couldn’t see myself being a part of that,” he explained. “I don’t think you can be on both sides of free market capitalism. A big part of me being a Republican for the last 40 years is that I think it’s the best hope to protect free market capitalism, the growth engine of our economy.”

There could be some populist cred for Perry if big donors tied to Wall Street start leaving him, but that’s a big trade-off for the funding Perry desperately needs in South Carolina.  If he can’t put ads on the air and compete with Romney, Santorum, and Gingrich, then Perry won’t go anywhere in his last-gasp effort to stay in the race. He’s already at the bottom of the pack in the latest Insider Advantage poll, at 5%.  Even Jon Huntsman scores better than Perry in South Carolina, at 7%.

The defection of Wynn looks a like a more principled version of what happened to Michele Bachmann in the last few days of the Iowa campaign. It’s likely to produce the same effect for Perry in South Carolina as it did for Bachmann in Iowa, which is to create the impression of an imploding campaign.


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All I want is for Mitt to answer questions about Bain. If he doesn’t then he is no better than Herman Cain, a man who may or may not have had something to hide but refused to answer legitimate inquiries and, therefore, looked guilty.

Bill C on January 12, 2012 at 3:47 PM

All I’m saying that if Romney wants to run away from his governing record and pump up his ID as a private sector job creator then it’s legit to look at it and judge his claims.

“Even more troubling to some, Bain arguably drove some companies to the ground by taking on more debt to give investors dividends earlier.

“These were not businesses close to collapse,” said Josh Kosman, author of “The Buyout of America.” “They borrowed all this money against the company and then borrowed money again to take a dividend because the company was stable.”

In 1992, Bain bought American Pad & Paper for $5 million. The company turned a profit of $100 million for investors but later filed for bankruptcy in 2000. Layoffs at the company dogged Romney during his 1994 Senate race against Sen. Edward M. Kennedy (D-Mass.), who ran political ads showing Ampad factory workers who had lost their jobs as Bain cut costs. The Romney campaign argued that those job cuts came when he was on leave from the firm.

A year after the Ampad deal, Bain acquired steel firm GS Industries. In 2001, the company filed for bankruptcy.

In yet another bad outcome, Bain bought the electronics company DDi, based in Anaheim, Calif., in 1997. Six years later, it declared bankruptcy. Another example: Stage Stores, which Bain bought in 1988 and later filed for bankruptcy in 2000.

In the case of medical diagnostics firm Dade Behring, more than 1,000 jobs were cut as Bain and other investors tried to make the company more profitable through acquisitions and consolidation…

Investors tried to extract money from the firm. In June 1999, Bain and its co-investor, Goldman Sachs, sold back shares worth $365.4 million to Dade, but to do this, the private equity firms had to borrow more money.

The amount of debt they took on would become fatal. When interest rates rose, Dade’s borrowing costs shot up as well. In 2002, the company could not keep up with its payments and filed for bankruptcy.

Scott Barrett, who was chief executive of Dade Behring from 1994 to 1997, said that by the time of the share payout, Romney had already left Bain Capital. The company was ultimately acquired by Siemens.”

http://www.washingtonpost.com/business/economy/romneys-bain-capital-record-shows-mixed-record-on-bankruptcie

Romney couldn’t defend it in 1994 & that was during a good economy and he won’t be able to defend it in 2012 in a bad economy.

workingclass artist on January 12, 2012 at 4:56 PM

Game over….John Bolton endorses Romney. Newt self-implodes. Santorum sinking in SC with Paul attack ads. Paul? Well, no long term staying power.

GOP nominee is Mitt Romney.

Deep Timber on January 12, 2012 at 4:57 PM

The good thing is that Perry got destroyed before he was able to destroy the country and take it further down the tubes like he did Texas.

Mcguyver on January 12, 2012 at 4:52 PM

You got that right sister!

What is it with those stupid Texans?

cozmo on January 12, 2012 at 4:57 PM

Wow there are a lot of people completely ignorant about capitalism on this post. Thanks blink and others for helping to identify the faux free-marketers who like the positives capitalism delivers but than scream and shout and sound like communists when a single person loses a job through market forces.

andy85719 on January 12, 2012 at 4:58 PM

Why, creepers jeepers and Lordy, Lordy.

Whoever would have thought that Ol’ Ricky Perry could look this much like his horse’s patootie?

After all, he was elected Governor 47 times and personally created 84 million jobs in Texas, not to mention named his boots.

I would imagine Anita is not happy about this a-tall.

It would appear that the “Alamo” analogy Ol’ Rick came up with last Sunday was an example of Texan prescience, with a capital “Pree.” (For you Perry fans, that means “foreknowledge or ability to foretell the future)

Adios, Senor Yell Boy!

Horace on January 12, 2012 at 5:02 PM

Horace on January 12, 2012 at 5:02 PM

Ow, you’re good at nutballin’.

cozmo on January 12, 2012 at 5:03 PM

The good thing is that Perry got destroyed before he was able to destroy the country and take it further down the tubes like he did Texas.

Mcguyver on January 12, 2012 at 4:52 PM

It’s not Perry’s fault. He had little to do with it.

SparkPlug on January 12, 2012 at 5:06 PM

man what’s with the pig pile on Texas? What are we suffering from?

Mcguyver on January 12, 2012 at 4:52 PM

Don’t throw us in the briar patch, its aweful here!

DanMan on January 12, 2012 at 5:07 PM

I’m not interested in looking for links to the others, its not a big deal to me.

cozmo on January 12, 2012 at 4:15 PM

You indicated that Bain was making its money by investing in companies, breaking them up and selling them off piecemeal. I did not ask for links, I just asked for the names of these companies. Because as far as I can tell, that doesn’t describe the way Bain does business and I don’t think there are any examples, although a polemicist (not you, but perhaps a source you relied on when making this statement) might certainly try to mis-characterize regular turnaround activities in this fashion.

That’s why I asked for an example. So I could research it for myself.

If you don’t have an example, then I would just ask why you made the statement in the first place.

HTL on January 12, 2012 at 5:07 PM

Don’t care what you say, my money and time is going to Rick Perry.

If he doesn’t make it…

Well….Anybody But Obama…

*sigh*

Conger on January 12, 2012 at 5:08 PM

Sometimes, you can jump up and down and scream at the top of your lungs about a vulnerability you see, and all you get is, “Oh, nobody’d ever notice that, everything else is so secure. You just don’t like so-and-so, and that’s why you say the thing he’s in charge of isn’t secure…blah,blah,blah.

You have to puncture the denial before disaster strikes. And sometimes you have to go for a practical demonstration of that which you fear to put the fear of God into those who had been denying the problem.

And they will call you everything but a child of God for doing it.

If someone said a week and a half ago, “Say, Romney might be a wee bit vulnerable on this Bain Capital thing. I mean, explaining what Bain Capital does is very tl;dr, and it’s kind of easy to distort into Gordon Gekko stuff…” what would they have gotten? “Oh, the Democrats won’t go there, oh, it’s old news, oh, they can’t attack it effectively, oh, you just hate Romney so much….blah blah blah,” wouldn’t they? You know it. You forking well know it. Denial is how some folks get up in the morning and get through their day.

It was going to take a kick in the balls to wake people up to Romney’s vulnerabilities in the general election—complicated by the narrative promoted by Romney and his surrogates that he is the “safest bet” in the GOP field this year. We still haven’t gotten an answer on the Bain attacks from the Romney camp other than “0bama did it too, so shut up, you communist!”

Yeah, that’s gonna totally work in the general election….///

Sekhmet on January 12, 2012 at 5:10 PM

Adios, Senor Yell Boy!

Horace on January 12, 2012 at 5:02 PM

IIRC I thought Perry became a cheerleader in his Junior year. It could have been his senior year tho.

SparkPlug on January 12, 2012 at 5:10 PM

bluegill

I don’t think the 14 voters in South Carolina and the 7 voters in Florida who are planning to vote for Perry in their respective primaries are too pleased with your tirades against the Yell Boy.

cozmo

Get a new name to call people. “nutball” is getting stale. Hey, better yet, get a clue!

Horace on January 12, 2012 at 5:11 PM

Perry just can’t catch a break.

SparkPlug on January 12, 2012 at 4:40 PM

Gee. Thought I remember him announcing he was taking a “break” to reassess — right after Iowa? No?

And at first light the next morning, he suddenly showed up with wet combed hair, down in South Carolina . . . obviously fresh from a cold shower & sporting a V-8 moustache.

Once he heard Gingrich spewing on and on about Mitt and Bain, he must have told his press hack:

“Jess like that guy, what’s his name said! But insert the word “vulture in there somewhere!”

Perry needs to give US a break — not the other way around!

Trochilus on January 12, 2012 at 5:12 PM

Get a new name to call people. “nutball” is getting stale. Hey, better yet, get a clue!

Horace on January 12, 2012 at 5:11 PM

But it describes you hatin’ ignorant nutballs so well.

cozmo on January 12, 2012 at 5:13 PM

DanMan

It must be kinda awful there. With 8.4% unemployment, almost equal to the 8.5% Barry has inflicted on the country, times must not be too good down your way.

Horace on January 12, 2012 at 5:13 PM

“Mitt Romney’s political foes are stepping up attacks based on his time running investment firm Bain Capital, tagging him with making a fortune from the rougher side of American capitalism—even as Mr. Romney says his Bain tenure shows he knows how to build businesses.

Amid anecdotal evidence on both sides, the full record has largely escaped a close look, because so many transactions are involved. The Wall Street Journal, aiming for a comprehensive assessment, examined 77 businesses Bain invested in while Mr. Romney led the firm from its 1984 start until early 1999, to see how they fared during Bain’s involvement and shortly afterward.

Among the findings: 22% either filed for bankruptcy reorganization or closed their doors by the end of the eighth year after Bain first invested, sometimes with substantial job losses. An additional 8% ran into so much trouble that all of the money Bain invested was lost.

Another finding was that Bain produced stellar returns for its investors—yet the bulk of these came from just a small number of its investments. Ten deals produced more than 70% of the dollar gains.

Some of those companies, too, later ran into trouble. Of the 10 businesses on which Bain investors scored their biggest gains, four later landed in bankruptcy court

Seeking the protection of a bankruptcy court isn’t necessarily a sign of long-term business failure. Many of the Bain companies emerged from reorganization healthier, just as, for instance, General Motors did a few years ago. But while bankruptcy filings aren’t a perfect measure of performance, they provide a way to assess a disparate array of target businesses that in many cases weren’t required to make public financial filings.

The Journal’s findings could provide fodder for both critics and supporters of Mr. Romney’s presidential ambitions and of his role at Bain. Some experts, while conceding that available studies don’t provide a direct comparison, said the rate at which the firms Bain invested in ran into trouble appears to be higher than experienced by some rival buyout firms during the era.

That notion could undermine a central thrust of Mr. Romney’s campaign message: that his private-sector experience building companies makes him the best candidate to turn around the ailing U.S. economy….”

Mr. Mehran, a researcher at the Federal Reserve Bank of New York, said the rate at which Bain’s target companies ran into trouble at some stage “seems large.”

He said it could be explained by the preponderance, among Bain investments, of small companies, which tend to fail at a higher rate…
One of these deals involved DDi Corp., an Anaheim, Calif., maker of circuit boards. Bain nearly quadrupled the money its investors put into DDi starting in 1996, turning a $41 million investment into $157 million of value within a few years, according to the 2004 prospectus.

Bain merged DDi with another firm in which Bain also held a stake and took the combined company public in 2000. Bain then gradually sold most of its shares to the public or distributed them to its investors and to Bain partners. Mr. Romney personally sold $4.3 million of DDi stock from these distributions in May 2001, regulatory filings show.

But DDi’s performance deteriorated in the downturn after the tech bubble deflated. It reported a sharp drop in sales and in 2001 and 2002 cut its work force by 1,300 people, or 40%, to about 1,900 employees, regulatory filings show.

DDi defaulted on some of its debt in late 2002 at a time when Bain still controlled two of its six board seats, and filed for Chapter 11 bankruptcy reorganization in 2003. DDi later emerged from bankruptcy and continues in business today, with a work force similar in size to what it had after the layoffs.”

http://online.wsj.com/article/SB10001424052970204331304577140850713493694.html

workingclass artist on January 12, 2012 at 5:14 PM

DanMan

It must be kinda awful there. With 8.4% unemployment, almost equal to the 8.5% Barry has inflicted on the country, times must not be too good down your way.

Horace on January 12, 2012 at 5:13 PM

Over run with jobless yankees looking for a better place. They are wrong…stay away from Texas. Or you’ll get dumb like Perry huffing gardasil.

cozmo on January 12, 2012 at 5:15 PM

Among the findings: 22% either filed for bankruptcy reorganization or closed their doors by the end of the eighth year after Bain first invested, sometimes with substantial job losses. An additional 8% ran into so much trouble that all of the money Bain invested was lost.

workingclass artist on January 12, 2012 at 5:14 PM

Eight more years for a hurting company is pretty good. It was eight more years of paychecks.

cozmo on January 12, 2012 at 5:17 PM

Don’t care what you say, my money and time is going to Rick Perry.

If he doesn’t make it…

Well….Anybody But Obama…

*sigh*

Conger on January 12, 2012 at 5:08 PM

Same here. Especially the last part.

ZGMF_Freedom on January 12, 2012 at 5:19 PM

Eight more years for a hurting company is pretty good. It was eight more years of paychecks.

cozmo on January 12, 2012 at 5:17 PM

Plenty of hurting companies go decades. It was the debt load that Romney laid on them that made them certain to fail. His business sense was either very poor or was not meant to really make them viable. I think it was the latter.

astonerii on January 12, 2012 at 5:19 PM

The good thing is that Perry got destroyed before he was able to destroy the country and take it further down the tubes like he did Texas.

Mcguyver on January 12, 2012 at 4:52 PM

Funny that.

The Texas economy is propping up US jobs numbers. It is the only state in the union to add jobs every month for the last 9 months. 3 out of 4 private sector jobs in the US are created in Texas.

Unlike Romney who as Governor drove business from his state by tax hikes so large the democratic legislature balked…Perry and the Texas legislature created a business friendly environment that brought business to Texas and every state that has adopted their own version of the Texas model is seeing job growth.

workingclass artist on January 12, 2012 at 5:21 PM

NOBODY would have claimed that the “Democrats won’t go there…”

People would say that such attacks can be dismissed as marxists type propaganda and hatred of capitalism. Now, these attacks can’t be dismissed like this because Newt and Perry have endorsed this attacks – and YOU helped.

blink on January 12, 2012 at 5:14 PM

Before cop cars were crapped on, the OWS movement had a moderate amount of support, and surveys say that independents do think there is a conflict between the wealthy and the less well-to-do. This is not an accident. 0bama has been ginning this up since before the first candidate for 2012 filed. This has been a part of 0bama’s plan for running against Romney from the beginning. Groundwork was laid before anybody can point to any part of it being the 0bama campaign. Even before Newt or Perry said a word, the DNC was paying some joker who was laid off at a Bain-acquired company to follow Romney around.

It won’t be dismissed as easily as you think. Why else has the answer from the Romney camp amounted to, “Shut up, Newt and Perry!” If this was so easily dismissed, go ahead and dismiss it in ten words or less. Go on.

Sekhmet on January 12, 2012 at 5:22 PM

Plenty of hurting companies go decades. It was the debt load that Romney laid on them that made them certain to fail. His business sense was either very poor or was not meant to really make them viable. I think it was the latter.

astonerii on January 12, 2012 at 5:19 PM

We’ll never know unless Romney explains his actions. And it doesn’t help when a portion of the GOP steadfastly demands that there’s nothing to explain.

ZGMF_Freedom on January 12, 2012 at 5:23 PM

cozmo

“..hatin’ ignorant..”

Well, at least you’ve moved up to adding adjectives to your name-calling.

Want to try for adverbs? Hey, shoot a dangling participle my way, too.

There is a solution you know. Try reading Chapter 5 of the Big Book – “Rarely have we seen a person fail…”

Horace on January 12, 2012 at 5:25 PM

We’ll never know unless Romney explains his actions. And it doesn’t help when a portion of the GOP steadfastly demands that there’s nothing to explain.

ZGMF_Freedom on January 12, 2012 at 5:23 PM

Like my earlier post—Newt and Perry kicked Romney in the balls to make voters aware of his vulnerability. And they are being called everything but children of God for doing so.

Sekhmet on January 12, 2012 at 5:26 PM

workingclass artist, you’re just spamming these threads with your lies.

blink on January 12, 2012 at 5:18 PM

I know you’re butt hurt over Romney’s busted electability myth…but I posted excerpts and links to media like WSJ.

Might as well get used to it…By the way is Romney gonna campaign in Gaffney or Georgetown SC?

“One thing I can say for Perry is that he really can produce great ads. This one strikes all the right tones and describes exactly the kind of man I want to be in the White House…”http://www.therightscoop.com/excellent-new-ad-from-rick-perry-champion/

Ad Link
http://www.youtube.com/watch?v=d1l8byZvxg8&feature=player_embedded

workingclass artist on January 12, 2012 at 5:27 PM

“The Texas economy is propping up US jobs numbers.”

Is that why unemployment in the Peoples’ Socialist Republic of Massachusetts in lower than that in Texas?

Horace on January 12, 2012 at 5:27 PM

This attack is easy to defend against when it comes from a marxist like Obama. This attack is HARD to defend against when it comes from two supposed conservatives.

Do you really, really, really, seriously, seriously seriously NOT understand this????????

blink on January 12, 2012 at 5:27 PM

Really?

I suggest you studyup on what FDR did to Hoover in the 1932 election…cause that’s what Obama will do to Mitt only he won’t blame Mitt for Hoovervilles he’ll update it.

workingclass artist on January 12, 2012 at 5:31 PM

blink on January 12, 2012 at 5:27 PM

The Democrats didn’t need any help from anybody in forming anti-capitalist arguments. In case you think all the out-of-work hungry people won’t buy that argument, the 1930s are knocking. Liberals excel at creating scapegoats and turning voters against them. MoveOn had a Bain film ready to go before Newt’s film debuted.

The main point is, your lad Romney isn’t the bulletproof certain winner you have been selling him to the GOP electorate as being. As long as you squawk about “OMG dey attacked CAPITALISM!!!1!11″ you think it distracts from the fact your lad has no secret inside track to electability—which was frankly his only real selling point.

Sekhmet on January 12, 2012 at 5:34 PM

No, Newt and Perry CAUSED this vulnerability.

Do you really, really, really, seriously, seriously seriously NOT understand this????????

blink on January 12, 2012 at 5:27 PM

Blame Teddy Kennedy…Blame Mike Huckabee…Blame John McCain cause thy all went after Bain & Mitt.

The stuff has been out there a long time…Swimcoach Teddy used it in 1994.

Romney has always been a lousy candidate for a lot of reasons…this is one of them

workingclass artist on January 12, 2012 at 5:34 PM

We’ll never know unless Romney explains his actions. And it doesn’t help when a portion of the GOP steadfastly demands that there’s nothing to explain.

ZGMF_Freedom on January 12, 2012 at 5:23 PM

It is either Gingrich or Santorum to get me to vote the (R). Perry gets a pass. The rest of the pile, I will vote Obama and I can take my most of my extended family with me on that. When we get together, I explain the direction of the country and argue for who should be voted for, most of them follow my lead. If we have a brokered convention, I doubt the established politicians that oversee it will pick anyone I could support either.

astonerii on January 12, 2012 at 5:36 PM

No, Newt and Perry CAUSED this vulnerability.

Do you really, really, really, seriously, seriously seriously NOT understand this????????

blink on January 12, 2012 at 5:27 PM

No, they did not. This line of attack was obvious from the first early OWS protest. This was the line they planned to use, and they have had three years to set it up. Bain’s actual role in the economy is tl;dr as I keep saying, and if the real story is tl;dr, the bumpersticker version is gonna be naaaaaasty.

Sekhmet on January 12, 2012 at 5:36 PM

Yes, it would have been easy to defend against if lying scumbags like you hadn’t endorsed the attack.

blink on January 12, 2012 at 5:33 PM

That is why it worked so well for him in 1993 and 2008. Yup, it is so easy to defend that he failed to do so in at least two elections.

astonerii on January 12, 2012 at 5:37 PM

The main point is, your lad Romney isn’t the bulletproof certain winner you have been selling him to the GOP electorate as being. As long as you squawk about “OMG dey attacked CAPITALISM!!!1!11″ you think it distracts from the fact your lad has no secret inside track to electability—which was frankly his only real selling point.

Sekhmet on January 12, 2012 at 5:34 PM

Yep!

nailed it.

Aaaand the more the clearchannel toadies scream about it the more their ehemmm…credibility goes out the window.

Bain Capital owns clearchannel…which is tied to Fox News…Rush…Levin…Hannity and the rest…Kinda like media kingpin politician Silvio Berlusconi.

workingclass artist on January 12, 2012 at 5:39 PM

Damn Perry sounds great on Laura Ingram…

You guys are nuts!!!

Conger on January 12, 2012 at 5:45 PM

*shrug*

Good. I could’ve voted for either Perry or Gingrich at one point; no longer. They’ve joined Romney in the ‘not now, not ever’ category.

Midas on January 12, 2012 at 5:45 PM

It really comes down to this: Do you want America to become more like Texas, or more like Massachusetts?

Having lived under both governor Perry and then governor Romney, I can tell you this isn’t a hard one to figure out.

Go Rick Perry!

IcedTea on January 12, 2012 at 5:46 PM

Again, a marixst used it.

The frontrunners in the R campaign have now endorsed these attacks.

blink on January 12, 2012 at 5:43 PM

Are you referring to Romney’s campaign staff, who pulled this vulture capitalism schtick back before it was considered marxist by your ilk?

IcedTea on January 12, 2012 at 5:48 PM

The Democrats didn’t need help FORMING anti-capitalist arguments.

The Democrats needed help getting ENDORSEMENTS of their anti-capitalist arguments. You idiots gave it to them.

blink on January 12, 2012 at 5:41 PM

A) This is going back to, “Shut up,” Romney explained…

B) Newt and Perry didn’t even touch the other big attack—which will be Mormonism. I think I know the only 2 Mormons in the country who vote Democrat. The rest of them? Democrats don’t give a flying damn about offending them. They’ll use the “secretive mafia” line they used in California. Ooops, are you now going to blame me if/when the Democrats go anti-Mormon?

C) The only way some folks are going to understand there’s a problem is if that problem has a little “help” biting them in the butt. I think Republicans were unaware how effective attacks on Bain Capital in the general election were going to be without someone actually making those attacks some time BEFORE the general election.

Sekhmet on January 12, 2012 at 5:49 PM

I’m referring to all those people that forced me to defend Romney from the lies.

blink on January 12, 2012 at 5:50 PM

I’m sure it brought you to tears the whole time…./

Sekhmet on January 12, 2012 at 5:51 PM

From Human Events:

A little message to both Gingrich and Perry. From a friend of theirs.

Former New York City Mayor Rudy Giuliani, who ran for President in 2008 and dipped a toe in the waters of the 2012 contest, professed himself “shocked” by Newt Gingrich’s attacks on Mitt Romney’s private-sector career during a “Fox and Friends” appearance this morning.

Giuliani asked, “What the hell are you doing, Newt? I expect this from Saul Alinsky! This is what Saul Alinsky taught Barack Obama, and what you’re saying is part of the reason we’re in so much trouble right now.”

Giuliani broadened his criticism to include the attacks on Bain Capital launched by both Gingrich and Texas Governor Rick Perry, who he described as “a very close friend of mine.” “I’m shocked at what they’re doing,” said Giuliani. “It’s ignorant and dumb. It’s building something we should be fighting in America, ignorance of the economic system, playing on the dumbest, most ridiculous ideas about how you grow jobs.” He characterized the attacks on Romney’s private sector career as “unfair and bad for the Republican Party.”

. . . . (more in original)

Trochilus on January 12, 2012 at 5:54 PM

Yes, it would have been easy to defend against if lying scumbags like you hadn’t endorsed the attack.

blink on January 12, 2012 at 5:33 PM

Really…Is this all you got?

I’m not lying.

I’m a realist. Romney has a lousy record in Taxachussettes.

His record at Bain Capital is a disaster in this economy.

His plans are weak and Andy Roth of Club for Growth said his plan “Would institutionalize a permanent deficit” and gave him a D.

Roth gave Perry an A and Ron Paul a B. Santorum & Gingrich both got a C. Huntsman an incomplete.

He judged it based on their policy plans to boost the economy,tax plans,cutting spending and their past records.

WINNER –Rick Perry gets an A grade (“has one of the best if not the best plan” Cut Balance and Grow would be a an economic boon and cuts taxes allover the place. very very strong plan)

Ron Paul– gets a very good grade (for what he wants to do on cutting spending)

Rick Santorum/ Newt Gingrich— get “C” grades ( bad spending track records and not credible on spending)

Jon Huntsman– gets Incomplete grade (his plan is incomplete good on taxes but no spending policy at all. his record in Utah is poor on spending)

Mitt Romney— gets a D ” worst fail ” grade ( Andy Roth says…. “he deserves to be in last place” )

http://www.clubforgrowth.org/perm/?postID=15704

Video link
http://www.youtube.com/watch?v=69_jTexx2Kk&feature=player_embedded

workingclass artist on January 12, 2012 at 5:58 PM

Perry on the Laura Ingram show.

INGRAHAM: You know I am going to raise the issue of Texans for Public Justice, their analysis of your campaign contributions.

Since 2000, you have received more than $7 million from private equity firms and private investment firms. Are any of those “vulture” firms?

PERRY: Listen, I didn’t paint with a broad brush and say that every private equity firm out there is…

INGRAHAM: Only Romney’s are vultures? None of your guys are vultures, only Romney’s?

PERRY: Look, Romney is running for president.

INGRAHAM: Yeah, you are running for president too, and you have benefited from these firms.

Perry: Correct, and I don’t have a problem with that.

Gunlock Bill on January 12, 2012 at 5:58 PM

Stop pretending to be more stupid than you really are.

Stop pretending that Perry and Newt said, “Romney is vulnerable because marxists like Obama will unfairly spin his Bain experience as evil corporatism.”

Stop pretending that Perry and Newt didn’t outright claim that Romney WAS an evil corporatist.

Stop pretending that you don’t understand the difference.

Or, is it possible that you really don’t understand the difference because I guarantee you that everyone reading this comment understands it.

blink on January 12, 2012 at 5:54 PM

Bain isn’t new news. It was used against Romney a number of times. This year, we were all assured that Romney had all questions about him well in hand, and there was no need to worry about his electability.

But there was, and it was not created by Newt and Perry, but it was shoved under everybody’s noses by Newt and Perry. You can’t dismiss these concerns as the tinfoil-hatted musings of people still trying to write in Sarah Palin anymore. And that’s what galls you.

Sekhmet on January 12, 2012 at 6:00 PM

From Human Events:

A little message to both Gingrich and Perry. From a friend of theirs.

Former New York City Mayor Rudy Giuliani, who ran for President in 2008 and dipped a toe in the waters of the 2012 contest, professed himself “shocked” by Newt Gingrich’s attacks on Mitt Romney’s private-sector career during a “Fox and Friends” appearance this morning.

Giuliani asked, “What the hell are you doing, Newt? I expect this from Saul Alinsky! This is what Saul Alinsky taught Barack Obama, and what you’re saying is part of the reason we’re in so much trouble right now.”

Giuliani broadened his criticism to include the attacks on Bain Capital launched by both Gingrich and Texas Governor Rick Perry, who he described as “a very close friend of mine.” “I’m shocked at what they’re doing,” said Giuliani. “It’s ignorant and dumb. It’s building something we should be fighting in America, ignorance of the economic system, playing on the dumbest, most ridiculous ideas about how you grow jobs.” He characterized the attacks on Romney’s private sector career as “unfair and bad for the Republican Party.”

. . . . (more in original)

Trochilus on January 12, 2012 at 5:54 PM

I’m disappointed in Giuliani. Insults and name calling doesn’t persuade me in adopting his point of view.

ZGMF_Freedom on January 12, 2012 at 6:00 PM

when Steve Poizner used it in an attack ad called “Vulture,” about Meg Whitman’s ties to Goldman-Sachs during the 2010 Republican gubernatorial campaign in California.”

tonotisto on January 12, 2012 at 5:51 PM

The guy that did those ads is Romney’s chief ad strategist

workingclass artist on January 12, 2012 at 6:00 PM

Romney ran for election in 2008?????? Who knew??? Gee, I thought that it was McCain. Silly me.

Wait, you’re not talking about the primary. Are you?????

You win the award for chief simpleton on here.

blink on January 12, 2012 at 5:47 PM

McCain attacked him on it… to win the primary.

astonerii on January 12, 2012 at 6:00 PM

I’m disappointed in Giuliani. Insults and name calling doesn’t persuade me in adopting his point of view.

ZGMF_Freedom on January 12, 2012 at 6:00 PM

Yeah..rinos closing ranks to protect the Mitt cause He it’s his turn and he y’now gave a lot of people money so shaaadup about it.

workingclass artist on January 12, 2012 at 6:02 PM

Gunlock Bill on January 12, 2012 at 5:58 PM

and your point is what exactly?

Perry is going after Mitt’s claims of being a job creator…which Mitt inflated and didn’t say how many jobs he killed. Mitt gave only half the story.

Perry’s point is that the only jobs he killed were state employees to balance the budget…shrinking the size of government.

workingclass artist on January 12, 2012 at 6:08 PM

DELEGATE COUNT (1144 delegates needed to win nomination)

Mitt Romney 20
Rick Santorum 12
Newt Gingrich 0
Jon Huntsman 2
Ron Paul 3
Rick Perry 0

According to Rush today, Mitt has garnered 12 delegate votes, Paul has 10, Santorum has 7 and Newt and Perry each have 2. Huntsman was either left out or I missed it. His point was that despite what the so-called establishment says, this primary race is far from over. There are still 1100 delegate votes to go, so I’m not so sure Romney is the fated candidate.

totherightofthem on January 12, 2012 at 6:10 PM

So, Perry and Newt are just as big of a scumbag as Romney’s chief ad strategist? Does this make you happy?

blink on January 12, 2012 at 6:08 PM

Mitt’s team used a mediscare tactic worthy of his former buttbuddy overlord Teddy Kennedy against Perry…sheeesh!

I enjoy the irony that Romney’s chief ad guy used this against another republican and now it’s being used against his boss…it’s funny

Karma Bitchslap to Mittens.

workingclass artist on January 12, 2012 at 6:11 PM

No, it’s not. His record can handle disgustingly misleading attacks coming from Obama, but it can’t handle disgustingly misleading attacks coming from Perry and Newt.

blink on January 12, 2012 at 6:05 PM

Uh huh.
that is about all I can conjure up, cause that is such a weak argument it deflates before you even get to the period at the end.

astonerii on January 12, 2012 at 6:12 PM

Horace on January 12, 2012 at 5:27 PM

where do you live? I’ve travelled all around the nation and really can’t say anything bad about any of them. I know there are bad spots in all of them but as a guest I try to take in the positives and avoid the ghettos. Granted I haven’t spent any time NYC, but upsate is beautiful. I like Florida, west coast, Gulf Coast, esp. Alabama. Had a blast everytime I’ve been in Chicago, saw Booker T and the MG back up Neil Young in Milwaukee, camped the Chirrakowas (sp?) in Arizona. Skied all over Colorado and New Mexico. For all the great places we visit I haven’t felt compelled to live anywhere but in Texas.

I think folks that feel comforatble insulting entire regions of the nation and the people living there are immature but that’s just me. Where’s your paradise lightweight?

DanMan on January 12, 2012 at 6:13 PM

McCain didn’t launch into anti-capitalistic attacks to win the primary.

blink on January 12, 2012 at 6:06 PM

Yes, he did. If this wasn’t brought out (again) early like it has been, giving Romney a chance to explain Bain (and do a better job than saying “well, Obama did it too, so it’s okay”), and for the effect to be ameliorated by the election, it would have been devastating come October with little or no time to get the facts straight. Sorry, but I think Newt took one for the team here.

totherightofthem on January 12, 2012 at 6:13 PM

Are you claiming that private sector jobs should NEVER be killed???

blink on January 12, 2012 at 6:12 PM

Congratulations on earning that progressive liberal badge of honor with your fallacious argument of Reductio ad absurdum. You have used all the base fallacious arguments, and you have earned this badge. Wear it proudly to let everyone know what a deceitful puke you really are.

astonerii on January 12, 2012 at 6:15 PM

Well, he took one for the team assuming Romney can do better than to explain by saying he’s just like Obama with GM and Chrysler. *eyeroll*

totherightofthem on January 12, 2012 at 6:15 PM

DELEGATE COUNT (1144 delegates needed to win nomination)

Mitt Romney 20
Rick Santorum 12
Newt Gingrich 0
Jon Huntsman 2
Ron Paul 3
Rick Perry 0

According to Rush today, Mitt has garnered 12 delegate votes, Paul has 10, Santorum has 7 and Newt and Perry each have 2. Huntsman was either left out or I missed it. His point was that despite what the so-called establishment says, this primary race is far from over. There are still 1100 delegate votes to go, so I’m not so sure Romney is the fated candidate.

totherightofthem on January 12, 2012 at 6:10 PM

True That!

Florida the first big delegate state lost 1/2 of it’s delegates.95 is down to 50

Team Romney doesn’t want either Perry or Gingrich to pick up steam in the south.

They want to force Newt as soon a possible cause now Newt is in the south.

They want to force Perry out before Texas cause Texas has 155 delegates.

workingclass artist on January 12, 2012 at 6:16 PM

Uh huh.
that is about all I can conjure up, cause that is such a weak argument it deflates before you even get to the period at the end.

astonerii on January 12, 2012 at 6:12 PM

yep.

I thought it was special when Romney said what he did at Bain is no different then what Obama did at GM…

Perry was right…Romney is Obamalite and apparently Mitt’s OK with that.

workingclass artist on January 12, 2012 at 6:20 PM

And you support the lies.

blink on January 12, 2012 at 5:18 PM

I support what lies?

Plenty of hurting companies go decades. It was the debt load that Romney laid on them that made them certain to fail. His business sense was either very poor or was not meant to really make them viable. I think it was the latter.

astonerii on January 12, 2012 at 5:19 PM

No it wasn’t. There were many factors.

Horace on January 12, 2012 at 5:25 PM

You have to work your way up to those. You haven’t written anything intelligent enough to get any.

cozmo on January 12, 2012 at 6:22 PM

It’s not a weak argument. The disgustingly misleading attacks by Newt and Perry have hurt all Republicans and hurt this country.

blink on January 12, 2012 at 6:20 PM

It is and I would argue that trying to shove Mitt down the throat of the base is worse.

In this economy Romney has as much chance to beat Obama as Hoover did against FDR in 1932.

workingclass artist on January 12, 2012 at 6:22 PM

The guy that did those ads is Romney’s chief ad strategist

workingclass artist on January 12, 2012 at 6:00 PM

So,

Perry and Newt are just as big of a scumbag as Romney’s chief ad strategist? Does this make you happy?

blink on January 12, 2012 at 6:08 PM

You’re right, Romney probably never even met his Chief Strategist. It is not like he is one of Romney’s closest assoc.

I bethcha if Romney knew, why he’d just fire him right now for attacking Whitman…I mean capitalism.

The rule states: All “vulture” capitalists are pure and untouchable. In fact one cannot use that term (even though it is an actual phrase used in our business). Also, the term “corporatist” is forbidden. Saying it makes you a socialist.

tonotisto on January 12, 2012 at 6:24 PM

Notices that she criticizes him for jobs that he “killed.” It’s as if it’s immoral to kill private sector jobs.

But, by all means, tell us all what she meant.

blink on January 12, 2012 at 6:23 PM

you do know what Reductio ad absurdum means? To take an argument to the most extreme limit that it can be pushed to and say that the other person’s argument is tantamount to that position. My statement stands. You should be proud of your Fallacious Argument Progressive Liberal Pin award.

astonerii on January 12, 2012 at 6:26 PM

Yes, he did. If this wasn’t brought out (again) early like it has been, giving Romney a chance to explain Bain (and do a better job than saying “well, Obama did it too, so it’s okay”), and for the effect to be ameliorated by the election, it would have been devastating come October with little or no time to get the facts straight. Sorry, but I think Newt took one for the team here.

totherightofthem on January 12, 2012 at 6:13 PM

Well he and Perry (Who backed him up) are taking the heat for it as the clearchannel toadies and politicos twist the argument to defend Romney…But Newt and Perry are right.

Newt and Perry are making a political argument no an economic argument…And Guliani,Rush,Hannity et,al. know it.

Kudos to Palin for seeing it and calling it to Hannity’s face on FOX.

workingclass artist on January 12, 2012 at 6:28 PM

This is a stupid argument.

Why can’t you stick to truthful and realistic arguments against Romney. If you do, then I promise to support your arguments.

But I’m not going to let you spam disgusting lies about any candidate.

blink on January 12, 2012 at 6:26 PM

Nope.

It’s politics and I’ve been watching Obama test his media morphing into the second coming of FDR…and against Romney he’ll get away with it.

workingclass artist on January 12, 2012 at 6:30 PM

Perry: Correct, and I don’t have a problem with that.

Is this Texas logic? Do as I say, not as I do? Oh Rick.

BettyRuth on January 12, 2012 at 6:34 PM

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