Gingrich Says Bain Capital Looted Companies

[TomCADem]

http://thecaucus.blogs.nytimes.com/2012/01/08/gingrich-says-bain-capital-looted-companies/

Newt Gingrich assailed Mitt Romney’s business background of buying and selling companies at the investment firm Bain Capital, saying Sunday afternoon that the work was comparable to “rich people figuring out clever legal ways to loot a company.”

Mr. Gingrich, who has spent weeks complaining about a barrage of attacks aimed at him, called the accusations against Mr. Romney a “legitimate part of politics,” so long as they were accurate. He said he did not take issue with a “super PAC” supporting his candidacy that unearthed a film documenting one of the failing companies that cast Mr. Romney in a poor light.

“To quote the governor, you have to have broad shoulders and you have to be able to take the heat to be in the kitchen,” Mr. Gingrich said with a smile, speaking to reporters at a news conference here. “Those were his direct words.”

The “super PAC” supporting Mr. Gingrich, Winning our Future, received a pledge for a fresh infusion of cash that strategists say will be used to run a television advertisement in South Carolina about leveraged buyouts Mr. Romney supervised at Bain Capital. The group is operated by former aides to Mr. Gingrich.

[BootinUp]

1. wooohooo I can cheer for that! lol. nt

[elleng]

2. Discussion and video here:

PAC Ads to Attack Romney as Predatory Capitalist.

http://www.nytimes.com/2012/01/09/us/politics/pro-gingrich-pac-plans-tv-ads-against-romney.html?_r=1&hp

[arcane1]

3. Haha!!! Speak it, Newt!

Let the world know all about your party's eventual nominee

[SixthSense]

4. Gingrich should know

he worked on enough of the laws that made it profitable for guys like Romney to do so

[MidwestTransplant]

5. I wonder if they looted any over funded pensions as was common back in the 80s.

[cosmicone]

6. Republican cannibalism hahaha ... more popcorn please n/t

[usrname]

27. Reagan's 11th commandment

About no republican should speak ill of another makes sense now: these guys are all so full of shit that if anyone is willing to poke a hole at another, the whole place will just fill up with stink from everyone's shit.

[cosmicone]

31. Now that visual destroyed my appetite for popcorn hahaha n/t

[Firebrand Gary]

7. That's probably because it's true!

I am seriously dumbfounded by these individuals wanting to be President! Its plain fucking shocking!

[DCKit]

10. Yes, but truth is not someting Newt is known for. nt

[Ruby the Liberal]

8. Classic example of why Citizen's United is FAIL

If "former" Gingrich staffers leave the campaign for more 'fertile' ground, where does it end?

This SCOTUS decision is a tremendous slap in the face of free and fair elections.

[Old and In the Way]

9. Hey, Mitt, are you going to let Newt get away with that?

Time to trash Newt on his corruption problems and his resignation from Congress on ethics charges, don't you think? And don't forget the $500K LOC at Tiffany's either!

[ingac70]

11. let him him have it Newt! n/t

[emulatorloo]

12. Hey Newt: that Dem superpac thanks you

for writing their first tv ad.

[Mz Pip]

13. Pot meet kettle.

Or it takes one to know one. So many of these tried and true cliches' seem to be appropriate.

Gotta love it though. It is a treat watching super sleaze Gingrich try to out sleaze super sleaze Mitwit. Never thought I'd be rooting for the Grinch but hotdamn I love watchiong him make Romney squirm.

[McCamy Taylor]

14. Popcorn, please.

[madrchsod]

15. cannibals eating their own....

[emulatorloo]

16. Check out the "King of Bain" website Newt's superpac put up

http://www.kingofbain.com/

Can't wait to see the full video.

[Yo_Mama_Been_Loggin]

34. Brutal

[area51]

17. And ... so ... ?

According to can't-stay-married Newt, greed is good, so what's the problem?

[tanyev]

18. It's true, but why does Newt think GOP primary voters will care about that?

[Stuckinthebush]

19. Is it still Christmas?

Oh, wow. This is such a gift from one of Mitt's fellow Republicans. Now, when Obama brings it up, he can point to Gingrich and say that both Democrats AND Republicans find this reprehensible.

[Myrina]

20. ... preparation for rich GOP politicians to figure out ways ...

... to loot the US & various state Treasuries.

I thought those job skills were required to be a member of the GOP.

[Bruce Wayne]

21. Republicans are a superstitious cowardly lot

Nothing gratifies me more than to see them turning on their own. Their symbol should be the piranha, not the elephant.

I could take down an elephant, however. You just have to find the right pressure points. With Republicans, their softest spot is always the truth.

[jwirr]

22. On this he is correct. This has been happening in almost every takeover since the 70s.

[randome]

23. Twice a day.

http://www.google.com/imgres?q=broken+clock&hl=en&biw=1280&bih=923&gbv=2&tbm=isch&tbnid=aDni60KcNdT8mM:&imgrefurl=http://hulshofschmidt.wordpress.com/2011/10/16/broken-clock-moment-for-fox-news/&docid=Db29OLfT7bXr4M&imgurl=&w=473&h=293&ei=Iw4LT9OoM5PVgAfXtIzcAg&zoom=1

[johnlal]

24. It's fun to see them attack each other.

We'll see what's left of him in the general.

[HCE SuiGeneris]

25. The GOP, eating its own.

A wonderful sight to behold.

[iandhr]

26. Newt is doing our job FOR us.

love it.

[JoePhilly]

28. The real story there is that Newt told the TRUTH about something!!

Usually, he lies endlessly.

[Thrill]

29. Took these fools this long to start

exposing this phony?

[vegasjack]

30. 1%

billionaire Sheldon Adelson gave the money to Newt for this movie about Bain Capital
we have a 1% attacking another 1%

[gopiscrap]

32. Now that's calling the pot calling the kettle black!

Both of these two clowns would rob you blind the minute you're not looking!

[Yo_Mama_Been_Loggin]

33. As much as it pains me.

I have to agree with Gingrich.