Responding To The Pearl ClutchersBy
All the fuss over Newark, NJ Mayor Corey Booker’s comments about Obama’s “nauseating” campaign ad slamming Mitt Romney’s experience with Bain Capital has Booker backtracking, the White House scolding and Republicans clutching their pearls. How dare he slam the private equity firms for maximizing profits at the expense of workers? No business-friendly politician would do that, would they?
Think Progress reminds us of pearl-clutching, anti-capitalist Republicans who did:
Here are the top 10 comments about Bain from Romney’s Republican rivals:
1) “The idea that you’ve got private equity companies that come in and take companies apart so they can make profits and have people lose their jobs, that’s not what the Republican Party’s about.” — Rick Perry [New York Times, 1/12/12]
2) “The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I’ll let you decide if that’s really good capitalism. I think that’s exploitation.” — Newt Gingrich [New York Times, 1/17/12]
3) “Instead of trying to work with them to try to find a way to keep the jobs and to get them back on their feet, it’s all about how much money can we make, how quick can we make it, and then get out of town and find the next carcass to feed upon” — Rick Perry [National Journal, 1/10/12]
4) “We find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.” — Newt Gingrich [Globe and Mail, 1/9/12]