Terry McAuliffe’s Vulture-Capitalism Attacks Hypocritical

When Mitt Romney ran for president in 2012, he was savaged during the Republican primary as a “vulture capitalist.” That attack, first launched by Newt Gingrich, was deftly deployed by Barack Obama during the general election, and the hits on Romney and Bain Capital probably played a significant role in explaining what Sean Trende called “the case of the missing white voters.”

So when Glenn Youngkin, former CEO of the Carlyle Group, a private-equity firm, won the Virginia GOP gubernatorial nomination, Democrats seemed as if they’d have a good opportunity to run the same playbook against Youngkin in 2021 that they ran against Romney in 2012.

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John McCormack

John McCormack is a former Washington correspondent for National Review and was a fellow at the National Review Institute.

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Terry McAuliffe

When Mitt Romney ran for president in 2012, he was savaged during the Republican primary as a “vulture capitalist.” That attack, first launched by Newt Gingrich, was deftly deployed by Barack Obama during the general election, and the hits on Romney and Bain Capital probably played a significant role in explaining what Sean Trende called “the case of the missing white voters.”

So when Glenn Youngkin, former CEO of the Carlyle Group, a private-equity firm, won the Virginia GOP gubernatorial nomination, Democrats seemed as if they’d have a good opportunity to run the same playbook against Youngkin in 2021 that they ran against Romney in 2012.