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Thursday, January 12, 2012

postheadericon Rick Perry attacks Mitt Romney's âvultureâ business

I never thought I would write this, but Rick Perry hit the nail on the head by attacking Mitt Romney for acting like an economic vulture in his business of buying into companies and laying off workers to maximize profits for the 1 percent. Certain elements of the right are furious with Perry (and Newt Gingrich), which raises an enormous opportunity for Gingrich, Perry and President Obama.

What the Bain Capital issue will do is transform the campaign into a serious debate about basic financial, business and economic philosophy and policy. What is fascinating politically is that the Republican Party now has an openly pro-layoff wing led by Romney, and opposed by Perry and Gingrich.

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