Both Rick Perry, who is tossing around the term 'vulture capitalist' like rice at a wedding, and Newt Gingrich are both calling into question Mitt Romney's role as the CEO of Bain Capital, and accusing Mitt of bad deeds.
If stupidity is the reason for these attacks, I find that awfully hard to swallow. Both of these guys are 'big picture' conservatives, and know that venture capitalists are necessary in our economy; without them, things would grind to a halt in short order. These are the guys who have the money to invest in enterprises, to include start ups, existing thriving companies and struggling companies. And once they are owners, they want to put their money to work which maximizes their shareholders interests and the interests of the companies they now run.
This is America, remember. Nobody has the right to remain on a job that loses money for the boss in perpetuity. For Newt Gingrich and Rick Perry to cherry pick a few companies that were downsized by Bain Capital, and to ignore the positives that were ultimately gained from reassigning assets is either slimy or just ignorant. They know that a job that is created by this process does not really lend itself to a news crew and camera ready to film some news. No, newly created jobs do not make news.
What makes the news is the sad sack that was making typewriters who got bought out by some venture capitalist who closed the typewriter plant and started a computer chip plant with the proceeds. That sad sack typewriter assembler lost his job, knows nothing of computer chips, and now is unemployed and is sobbing into the camera about what rotten mean sumbitches those guys who closed the plant are. Cherry picking sob stories is what Democrats do. This is a page right out of the Democrat Party playbook. And these guys want to be the GOP nominee?
"Creative destruction," and without it, we would still be subsidizing buggy whip factories and typewriter factories and washboard factories.
I think Newt and Rick Perry know this. And accordingly, are not ignorant as to how these things work. They are just not getting any traction with the voters, are getting desperate, and are now cherry picking any and all sad sack sob stories from laid off buggy whip factory workers.
And this is just plain slimy. Neither of these guys is presidential material.