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Club for Growth Blasts Gingrich for Bain Attacks

In a press release this afternoon, Club for Growth criticized Newt Gingrich for his attacks on Mitt Romney’s career at Bain Capital, calling them unbecoming a “Reagan Conservative.” Club for Growth’s statement:

Yesterday, Gingrich said “Those of us who believe in free markets and those of us who believe that in fact the whole goal of investment is entrepreneurship and job creation…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.” Gingrich’s attack was echoed that same day that by the Democratic National Committee, which also attacked Romney for his job creation record at Bain Capital.  

“Newt Gingrich’s attacks on Mitt Romney’s record at Bain Capital are disgusting,” said Club for Growth President Chris Chocola. “There are a number of issues for Mitt Romney’s Republican opponents to attack him for, but attacking him for making investments in companies to create a profit for his investors is just wrong. Because of the efforts of Bain Capital, major companies like Staples, Domino’s Pizza, and the Sports Authority now employ thousands of people and have created billions in wealth in the private economy. Attacking Governor Romney for participating in free-market capitalism is just beyond the pale for any purported ‘Reagan Conservative.’ Newt Gingrich should stop his attacks on free markets and apologize to Governor Romney for them.”

New on The Corner. . .


COMMENTS   11

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   01/09/12 19:01

Shouldn't it say that the attacks are "unbecoming of a Regan Conservative"?

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   01/09/12 19:02

Not bad. It looks like Gingrich 2012 is building to a veritable juggernaut.

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   01/09/12 19:18

Well said by the Club for Growth...

We know Newt is no Reaganite anymore.

He has a nice spot in sitting next to Nancy Pelosi on a couch selling global warming nonsense at the request of Al Gore.

Mr. Kudlow should have known better, should have remembered Newt's addiction to taking everyone down with him, before he began to peddle Mr. Gingrich as the "supply-sider".

Art Laffer may want to change the endorsement as well.

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citizenpdx
   01/09/12 20:39

who said plutocrats don't look out for one another?

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   01/09/12 20:47

You guys thought it was a hoot when Romney and his benefactors were spending $3 million savaging Newt.

What goes around, comes around.

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Gingrich the buffoon
   01/09/12 20:54

Newt Gingrich is a total buffoon, a discredited hack RINO who should crawl back under the rock he slithered out from.

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Russell Jones
   01/09/12 21:30

Newt should drop out of the race and apologize to Romney for his anti-capitalist attacks. I have been solidly in the non-Romney camp for the entire election season but any member of the GOP that says the crap that has come from Newt against Romney and Bain should never be President.

The worst thing about this is that Newt doesn't believe what he is saying. He is behaving no differently than Harry Reid or Obama. They will lie and say anything to win. Go home Newt!

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LMA
   01/09/12 21:40

Good for CFG. These are true conservatives.

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   01/09/12 21:55

Mars paging Newt. The Illudium Q-36 Explosive Space Modulator is ready to fire*...

*make sure you don't aim at your foot

"Oops."

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Sha sene
   01/10/12 00:27

TheClub for Growth got donations from Romneys pals....they forgot to mention that

There was NOTHING free market about Romneys corporate raiding , He is a Keynes Debt is Good capitialist , he loaded acquired small businnes witih debt to increase their value then sold them at the inflated value
Most of them never recovered from the debt problem

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Jim Goldsmith
   01/10/12 11:14

Yesterday, Gingrich said “Those of us who believe in free markets and those of us who believe that in fact the whole goal of investment is entrepreneurship and job creation…

Stop right there, Mr. Newt. Entreprenurship is not a goal of investment, it is a method. Job creation is not a goal of investment, it is a by product and/or a method. The one and only goal of investment is to obtain the maximum possible return on that investment. Sometimes that is done by expanding and adding jobs. Sometimes it is done by staunching the financial bleeding, liquidating assets and closing up shop. Every day, Mr. Newt sounds more and more like he should be keynoting a gathering at Zuccotti Park.

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