Romney’s Bain, Part 1

It seems like all the news is talk­ing about what Rom­ney did at Bain Cap­i­tal and whether it was good for the econ­o­my or not.

I feel like I have a lot of dif­fer­ent things to say about this, but if I try to put them all in one post, well, it would prob­a­bly nev­er get finished.

So to begin with, some­thing simple.

Newt Gin­grich has late­ly decid­ed that what Mitt did at Bain was bad for the coun­try. This is par­tic­u­lar­ly inter­est­ing giv­en that just a few weeks before, Newt was tak­ing cred­it for help­ing Rom­ney get rich.

I was part of (the late Rep.) Jack Kem­p’s lit­tle cabal of sup­ply-siders who, large­ly by help­ing con­vince (Pres­i­dent Ronald) Rea­gan and then work­ing with Rea­gan, pro­found­ly changed the entire tra­jec­to­ry of the Amer­i­can econ­o­my in the nine­teen-eight­ies,” Gin­grich said. “You could make the argu­ment that I helped Mitt Rom­ney get rich because I helped pass the legislation.”

So there it is, Newt flip flop­ping about the mas­ter of flip flopping.

Newt Jumps Onto Romney’s Anti-Jobs Bus

Mitt Rom­ney’s suc­cess in the pri­vate sec­tor was at Bain Cap­i­tal where he made lots of mon­ey by buy­ing and break­ing up com­pa­nies, destroy­ing jobs in the process. Now Newt wants us to know that he was part of the effort to change the laws to allow Mitt to do what he did.

So nei­ther of them care a whit about jobs.