Newt's making a lot of sense on Bain, says ... Richard Trumka

“I heard [host Joe Scarborough] say it’s going to backfire because of the attack on free enterprise. The question is what kind of free enterprise, and who does that free enterprise benefit?” Trumka said. “If that kind of free enterprise only benefits the top percent, you’re going to see more of what you saw on the street.”

“It resonates with people” when you explain leveraged buyouts, said Trumka, asserting that 22 percent of the time, Bain’s buyouts failed.

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