We’ve known for months now Willard is going to win in New Hampshire tonight. The horserace here is for second place, but the underdogs wouldn’t mind taking Romney down a peg before the action heads south. Enter Newt Gingrich, who is nursing a grudge from all those attack ads Romney ran against him in Iowa. Curiously, Newt is hitting Romney from the left, going after Mitt’s vulture capitalism while he was CEO of Bain. This surely could have been written by a Democratic oppo shop:
“You have to ask the question, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of people and then walk off with the money?” [...]
The former Speaker is making the case that, in contrast to good old fashioned businesses who make stuff, Romney and his ilk have instead gamed the system to create a soulless machine that profits from the misery of others. [...]
“I am totally for capitalism, I am for free markets,” Gingrich assured reporters on Monday. “Nobody objects to Bill Gates being extraordinarily rich, they provide a service.” What he instead is concerned about is when an investor receives “six-to-one returns, and the company goes bankrupt.”
Never thought I would live to see the day when I agree with Newt Gingrich about anything, but he’s absolutely right about that. And when Romney said he “likes being able to fire people who provide services to him,” he also meant the thousands of workers at the plants Bain Capital drained into bankruptcy in service of Bain’s predatory profit margins.
That’s young Willard Mitt Romney in the middle, in his fledgling days of vulture capitalism.
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