Archive for Friday, January 13, 2012

GOP rallies around Romney after hits on Bain

January 13, 2012


GREER, S.C. — An array of Republicans and conservatives — including some of Mitt Romney’s sharpest critics — rushed to the GOP presidential front-runner’s defense Thursday to counter efforts to paint the former venture capitalist as a job-killer. Under fire, Romney rivals Newt Gingrich and Rick Perry backed off from directly attacking Romney’s tenure at the helm of Bain Capital.

“We’re disappointed” with the line of criticism, said Thomas Donohue, the head of the U.S. Chamber of Commerce. The business group doesn’t endorse in presidential campaigns, but Donohue said: “We think Romney has had a pretty good track record. Perfect? Hell no, but damn good.”

Former Arkansas Gov. Mike Huckabee, who ran against Romney four years ago, wrote in an online letter: “It’s surprising to see so many Republicans embrace that left-wing argument against capitalism.” And another 2008 foe, former New York mayor Rudy Giuliani, told Fox News Channel: “I’m shocked at what they are doing. I’m going to say it’s ignorant. Dumb. It’s building something we should be fighting — ignorance of the American economic system.”

Romney’s new defenders — many of whom have long histories of disagreeing with the former Massachusetts governor — argued that the attacks on his business record undermined the GOP’s identity and weakened the party’s chief argument against Democratic President Barack Obama, that federal intrusion has stymied the economy’s recovery.

And while the latest comments were more a rejection of attacks on Romney’s record at Bain than an endorsement of Romney as a candidate, they signaled a warming toward Romney by a cross-section of the GOP as his party struggles to settle on a more conservative alternative. They also signaled that attempts by Gingrich, a former House speaker, and Perry, the Texas governor, to cast Romney as a cold-blooded predator in the business world appeared to be backfiring badly — and playing right into the Romney campaign’s hands.

A prominent fundraiser in South Carolina — Barry Wynn — shifted his support from Perry to Romney in light of those attacks, which he said had crossed the line in a political party that values free-market capitalism.

“I’ve been fighting for this cause most of my life,” Wynn said. “It’s like fingernails on the chalkboard. It just kind of irritated you to hear those kind of attacks.”

The controversy over Romney’s Bain tenure began last weekend when Gingrich, seeking a rebound for his candidacy if not revenge for attack ads that crippled his campaign in Iowa, sought to undercut the central rationale of his chief rival’s candidacy — that Romney’s business background made him the strongest Republican to take on Obama.

Perry, whose campaign also is in trouble, joined in.

Both are accusing Romney of being a fat-cat venture capitalist during his days running Bain, laying off workers as he restructured companies and filled his own pockets.

But the criticism of both Gingrich and Perry has been swift, with opponents Rick Santorum and Ron Paul refusing to attack Romney’s time at Bain, and others fearful about bloodying the Republican most likely to become the party’s nominee.

“If you believe what the Obama administration is doing is a direct assault on the private sector and as Republicans we believe that’s the wrong approach, you can’t turn around and say what is going on in the private sector is wrong,” said Jim Dyke, a GOP strategist in South Carolina who is uncommitted to a candidate in the Jan. 21 primary.


TopJayhawk 6 years, 3 months ago

Gingerich was always a mean spirited little man, who thinks it is all about him. He lost me yrs ago when he was such a jerk to the Dems with the Contract for America.' It was al right there for the GOP. They had control of all of it. But it became the "Contract for Newt." He needs to just disappear. Perry on the other hand is an apostate in my opinion. Not a sincere bone in his body, just like Brownstain..
So yes, now I am for Romney. Warts and all. It's a depressing time to be conservative. No one in D.C. even knows what it means anymore.

just_another_bozo_on_this_bus 6 years, 3 months ago

"Gingerich was always a mean spirited little man, who thinks it is all about him."

Of course-- he's a Republican, isn't he?

just_another_bozo_on_this_bus 6 years, 3 months ago

"It's a depressing time to be conservative."

It's even more depressing having to live with the mess they've created.

kansanbygrace 6 years, 3 months ago

Without a stack of distorting government regulations, existing for decades and increased every year under the influence of organizations like the Chamber of Commerce, this monetizing could not occur. Free market capitalism is functionally balanced by collective bargaining between the producers of wealth and the managers, and all: the earners, the marketers, and the owners benefit.

Our current government-controlling "capitalism" allows people who've created no wealth to manipulate businesses, sell off the value of a company they've taken over, and put the money in their pockets.

just_another_bozo_on_this_bus 6 years, 3 months ago

Translation-- Scrooge gets a bad rap, and little Timmy should be happy for whatever crumbs are tossed his way.

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