A couple of observations on the recent attacks against Governor Romney regarding his work in Private Equity at Bain Capital:
1. This is a completely fair line of questioning and it apparently has not received any substantial scrutiny before now. If Newt Gingrich and certain other Republican candidates did not bring it up now, then it would certainly be introduced by Barack Obama during the general election campaign, if Romney were to be the nominee.
2. The timing of this is good and this is an excellent opportunity for Governor Romney to address this issue in depth while he is only under attack by Republicans. If he does a good job in doing this, it will serve to largely immunize him from the same line of attack by Barack Obama in the fall. So, he should count this line of attack by his fellow Republicans as a big positive.
3. I have been reasonably outspoken in support of Newt Gingrich here on this board. But his instigation of this line of attack is fundamentally contrary to the sort conservative principles he claims to champion. I am shocked and appalled to see this coming from him. Back around Thanksgiving I started posting articles and starting threads about Newt Gingrich's candidacy, with the caveat that I wanted to wait and see how he weathered the vetting period leading up to the Iowa primary before actually endorsing him over the other candidates. He was looking passably good, until this little stunt.
4. As discussed in the article below, it appears that the attacks against Governor Romney regarding his work at Bain Capital may actually be helping him to consolidate support in the Republican party presidential primary. However, now that the attacks have started, I hope they continue for a while and that this issue is thoroughly explored and vetted before moving on. Mitt Romney does need to explain himself here.
5. And this is an excellent chance for Romney to present the case for economic freedom and the workings of the markets vs government central planning, constant bailouts, and government mandates, which is the alternative method by which the sort of decisions that Romney made at Bain might be made. He has already started to do that in a very impressive and eloquent fashion. I am looking forward to hearing more from him on this topic.
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1. This is a completely fair line of questioning and it apparently has not received any substantial scrutiny before now. If Newt Gingrich and certain other Republican candidates did not bring it up now, then it would certainly be introduced by Barack Obama during the general election campaign, if Romney were to be the nominee.
2. The timing of this is good and this is an excellent opportunity for Governor Romney to address this issue in depth while he is only under attack by Republicans. If he does a good job in doing this, it will serve to largely immunize him from the same line of attack by Barack Obama in the fall. So, he should count this line of attack by his fellow Republicans as a big positive.
3. I have been reasonably outspoken in support of Newt Gingrich here on this board. But his instigation of this line of attack is fundamentally contrary to the sort conservative principles he claims to champion. I am shocked and appalled to see this coming from him. Back around Thanksgiving I started posting articles and starting threads about Newt Gingrich's candidacy, with the caveat that I wanted to wait and see how he weathered the vetting period leading up to the Iowa primary before actually endorsing him over the other candidates. He was looking passably good, until this little stunt.
4. As discussed in the article below, it appears that the attacks against Governor Romney regarding his work at Bain Capital may actually be helping him to consolidate support in the Republican party presidential primary. However, now that the attacks have started, I hope they continue for a while and that this issue is thoroughly explored and vetted before moving on. Mitt Romney does need to explain himself here.
5. And this is an excellent chance for Romney to present the case for economic freedom and the workings of the markets vs government central planning, constant bailouts, and government mandates, which is the alternative method by which the sort of decisions that Romney made at Bain might be made. He has already started to do that in a very impressive and eloquent fashion. I am looking forward to hearing more from him on this topic.
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