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The Spectacle Blog
Today Newt Gingrich fired back at Mitt Romney’s suggestion that he should return the money he earned consulting for Freddie Mac by condemning Romney’s private equity career:
If Governor Romney would like to give back all the money he’s earned from bankrupting companies and laying off employees over his years at Bain, then I would be glad to then listen to him. And I will bet you $10, not $10,000, that he won’t take the offer.
Gingrich has basically adopted the language of the anti-corporate left with this line of attack. It may have some political resonance, although it’s doubtful that Republican primary voters will regard leveraged buyouts as more questionable than taking consulting fees from Freddie Mac. Reihan Salam has argued in The Daily that Romney’s private equity background is not only respectable, it also recommends him for the presidency.
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More Blog Posts by Joseph Lawler
http://spectator.org/blog/2011/12/12/gingrich-attacks-romney-from-t
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Dan| 12.12.11 @ 12:42PM
Wrong assessment!
What Gingrich just did was remind Republican voters of exactly what the line of attack is going to be against Romney, and thus UNDERCUT the whole notion that Romney is the most electable within the GOP field.
Moreover he's demonstrated yet again that he is a counterpuncher, that he's not going to emulate the despicable idiocy of the Bush years and just let himself get pounded upon and all the while try to demonstrate to an uncaring public that by letting yourself get pounded upon you prove you're the "classy" candidate.
Gingrich KNOWS the base wants a fighter, wants someone who will in a witty fashion turn the tables.
Thus they know if he's prone to turn the tables on Romney, ------------- just wait till he gets to take on that jerk Obama.
So yea, in a way he's repeated a Lefty theme, -------------- but in an entirely different and far more important sense, he's PROVING yet again to the base that HE'S THE GUY.
Dan| 12.12.11 @ 12:44PM
And think of this too, -------- imagine Gingrich doing the same thing to Obama, attacking him from the right, but also occasionally, just to make mischief, attack him from the left.
Dan| 12.12.11 @ 12:50PM
And one more thing, to voters across the fruited plain, and across our own party for that matter, ---------- who here thinks that some article written in a place that few have heard of, and crafted by a guy even few are familiar with, is somehow going to be the definitive answer to their qualms about Romney being a hatchet man in corporate America.
Who here thinks nominating a corporate butcher is really a TREMENDOUS selling point in a country during a time where real unemployment exceeds 10%.
Who here doubts that the media is going to dredge up one poor wretch after another who lost his job because the "turnaround" guy butchered his job on the block of corporate profitability. Sure there are arguments to be made, but who here really wants to wage that battle during the 2012 Presidential campaign. Is this really the time or the place for that knock-down, drag-our affair?
Week after week the media will haul out yet some new person butchered by Romney, with his own sob story to relate, with pictures of his former home and the hovel he's inhabiting now. So who thinks that's going to fail to find traction week after week, month after month.
Dai Alanye | 12.13.11 @ 12:30PM
BAH, HUMBUG!
Newt, as he is prone to do, simply came out with the first snarky answer that popped into his vocal center. In effect, he attempted to equate Romney's risking his own money while buying and, if necessary, closing failing companies, with his own -- Gingrich's -- acceptance of largese in the form of taxpayer money for peddling influence. To put it in Churchillian terms -- not his finest hour.
Since gaining a lead in the polls Gingrich has acted so badly as to lose my previous support. Hardly took him a week.