Romney can’t make promises with unemployment rate given his Bain Capital history and being no friend to the middle classby Dee Dee Garcia Blase on May. 23, 2012, under female-led political movement, Hispanic Latino Vote, Independent voter centrist moderate swing vote, Women Voters
Romney is trying to get out of his Bain Capital history when he fired his blue collar workers and workers for the purpose of making profits. It was accurate for Newt Gingrich to depict Bain to so-called “vulture capital” groups that pick weak companies clean.
The Wall Street Journal found that 22 percent of the 77 businesses Bain invested in while Romney led the firm either filed for bankruptcy reorganization or closed their doors by the end of the eighth year.
I believe Newt Gingrich was most effective when calling out Romney on his Bain Capital record, and was told to pull the political ads, however, the Democratic Party needs to pull out all stops and expose Romney regarding Bain Capital and depict him as a person who is not empathetic to the blue collar hard working man. Romney should be depicted as a greedy Mr. Wall Street crony capitalist that resembles the character Gordon Gekko in the Wall Street movie given his crummy job destruction record.
Newt Gingrich: Bain Capital ‘undermined capitalism,’ killed jobs
…. “The question is whether or not these companies were being manipulated by the guys who invest to drain them of their money, leaving behind people who were unemployed,” Gingrich said on Bloomberg. “Show me somebody who has consistently made money while losing money for workers and I’ll show you someone who has undermined capitalism. … That’s an indefensible model.
“There are some cases that look very suspicious where he and Bain Capital made a lot of money while other people went broke,” Gingrich added…..
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