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News in Texas

Vulture Capitalist Supporters Perry, Gingrich Demonize Vulture Capitalism

by: Libby Shaw

Thu Jan 12, 2012 at 15:39:48 PM CST


The Republican attacks on capitalism whether called predatory, looting, vulture, cannibal, or crony are disingenuous.  All of the Presidential candidates have served as cheerleaders for and willing participants in vulture capitalism for decades. All have taken money from private equity firms. If elected none of them would initiate any changes to the existing system.  Instead they would pander to the vulture CEOs for campaign contributions.

Perry's and Gingrich's attacks on Romney have been so intense that GOP head spin doctor Frank Luntz is nervous about the Republican candidates' frequent use of the word capitalism.  A dirty word, Luntz prefers the words economic freedom to capitalism.

So Bain Capital should be referred to as Bain Economic Freedom?  Tell that to folks who lost their jobs and/or homes thanks to Bain economic freedom.  

Libby Shaw :: Vulture Capitalist Supporters Perry, Gingrich Demonize Vulture Capitalism

This would be economic freedom according to Mitt Romney and the Republican Party of, for and by the 1%.

Remember a guy called Gordon Gekko in an 1987 movie called Wall St.?  Gekko, a fictional vulture capitalist, set the new greed standard for what the non fictional Wall St. CEOs do today.  

Below is a little refresher.

Do you recognize the similarities between the fictional character and Mitt Romney, the real one, as to how they conduct business?

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