Excerpt from an editorial:(Wall Street Journal)
About the best that can be said about the Republican attacks on Mitt Romney's record at Bain Capital is that President Obama is going to do the same thing eventually, so GOP primary voters might as well know what's coming. Yet that hardly absolves Newt Gingrich, Rick Perry and others for their crude and damaging caricatures of modern business and capitalism.
Bain's business model is little more than "rich people figuring out clever legal ways to loot a company," says Mr. Gingrich, whose previous insights into free enterprise include years of defending the taxpayer-fed business of corn ethanol.
A super PAC supporting the former House Speaker plans to spend $3.4 million in TV ads in South Carolina portraying Mr. Romney as Gordon Gekko without the social conscience. The financing for these ads will come from a billionaire who made his money in the casino business, which Mr. Gingrich apparently considers morally superior to investing in companies in the hope of making a profit.
Mr. Perry, who has no problem using taxpayer financing to back his political allies in Texas, chimes in that "I have no doubt that Mitt Romney was worried about pink slips, whether he was going to have enough of them to hand out. Because his company Bain Capital, with all the jobs that they killed, I'm sure he was worried he'd run out of pink slips."
Those Republicans are sure gitting nasty!