Gingrich attacks capitalist Romney 'from the left'
by Joseph N. DiStefano, Posted: December 14, 2011
Called on by rival Mitt Romney to give back the consulting dollars he collected from troubled, taxpayer-back mortgage financier Freddie Mac, would-be US President Newt Gingrich fired back: “I would just say that if Governor Romney would like to give back all the money he’s earned from bankrupting companies and laying off employees over his years at Bain Capital - then I would be glad to listen to him."
And that has some genuine Austrian-school economic conservatives (or at least their apologists) up in arms this morning. What good is a pro-business-party candidate if he wants to protect declining older companies from emergent new ones instead of letting them fall apart as nature or Joseph Schumpeter intended? The Atlantic collects a few of their comments here.
Still and all, despite Romney's organization and backing from major-league fundraisers like Main Line-based apartment mogul Mitch Morgan, Gingrich is leading in GOP primary polls.
Posted: December 14, 2011 - 8:58 AM
Joseph N. DiStefano
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