Perry in SC Day 3: Does Perry Have a Chance?Posted: Jan 11, 2012
This morning on Fox and Friends, Texas Gov. Rick Perry explains his reasoning for skipping New Hampshire and proceed direct to South Carolina. But that didn't stop the Fox crew from bringing up the Bain Capital. Perry isn't backing down. "There's a difference between venture capital and vulture capital," Perry said, referring to Mitt Romney's tenure at the head of Bain Capital:
he Fox interviewers were correct in noting that despite the attacks about Bain Capital, Romney still won New Hampshire handily. My argument is that the coverage of what Romney really did at Bain did not have time to manifest itself with the New Hampshire voters. Oh, and the only anti-Romney-Bain candidate running in New Hampshire was Newt Gingrich.
I have gotten many emails for people, especially after the Rush Limbaugh Show yesterday, saying that Perry should stand down on the Bain attacks because, "they are attacks against the capitalist system."
I disagree. What Perry is campaigning against is a rigged free enterprise system where the very, very wealthy elite get to decide what companies succeed or fail. Corporations are powerful enough to lobby congress to pass laws that use the legal system of this country to solidify their pseudo monopolies. That's why you only have one cable television company in most places, for example. Do you hear the Theodore Roosevelt in the room?
Over at the Riehl World, the idea that no one should be tricked into defending Bain as being the same as defending capitalism is well described:
Source: The Rick Perry ReportRomney is not simply a capitalist, what he is is a corporatist. And it's that insulation that would allow him to bankrupt a steel mill, walk away from its pension obligations, pocketing millions and leaving taxpayers on the hook to bail it out. And that's the bullsh*t he and much of the GOP is selling as capitalism today in defending Romney.
