Newt Gingrich to be destroyed by his own life

Inexplicably, some Republican primary voters have refused to see through the piles and piles of bullshit being shoveled around by one of the biggest pieces of lying, manipulative garbage to have ever graced the Republican party (and that’s saying something) – Newt Gingrich.

As I have explained more than once previously, Newt Gingrich is a big government Progressive.  He may sound like he is intelligently espousing some sort of grandiose conservative reasoning, but his record speaks for itself.  Newt Gingrich loves FDR, Teddy Roosevelt, and Woodrow Wilson [1] – the trifecta of the Progressive disease.

News has broken today that after railing against Mitt Romney over private equity partnerships and their involvement in the business sector, it turns out Gingrich himself has taken $60,000 to speak in support of private equity partnerships, continuing his long extra-logical affair with two-faced baloney [2].  In the Gingrich hit piece against Romney [2a], he accuses Romney’s Bain Capital of ‘vulture capitalism’ for sometimes liquidating companies, putting them through bankruptcy, and laying off employees.  The modern patient zero for the Progressive disease, the Center for American Progress (CrAP), has echoed the Gingrich claims of ‘vulture capitalism’ almost word for word.

There are only a few slight problems with the claims made by Gingrich’s video (which was technically run by a SuperPAC) and CrAP:  Bain Capital almost exclusively bought into failing companies.  In other words, companies which were already about to go under.  CrAP does, of course, completely ignore this (as does Gingrich) in their criticism of Romney [3]:

In fact, 22 percent of the companies in which Bain invested wound up either in bankruptcy or shutting their doors entirely, while Bain itself has made billions of dollars for its investors.

CrAP is complaining that of the failing companies Bain Capital purchased, 22% wound up in bankruptcy or were otherwise destroyed.  To anyone not completely infected with the Progressive disease, this should actually mean that 78% of the failing companies Bain Capital purchased were not driven into bankruptcy.  They may have had layoffs, restructuring, outsourcing of labor, etc., but they were kept alive.  Romney gets no credit whatsoever for an apparent 78% success rate, however.

The Progressive answer to these failing companies, of course, would have been to bail them out with taxpayer funds [4], get them to “retool” [5] and produce a product the market doesn’t want [6], wildly under perform in sales of the unwanted product by selling only 7,000 in an annual market of 17,000,000 [6] (even though you have hyped its performance by claiming it gets 230 mpg [7] when it actually only gets 36 mpg [8]), have the taxpayer further subsidize the product by up to $250,000 per unit [9] (approximately 780% of the product’s sale price [10]), not be able to repay all of the taxpayer loans and wind up losing $23.5 billion of the $60 billion [11] from the taxpayer ‘investment,’ then have to recall every product sold because it spontaneously catches on fire [12], and finally consider moving production of this great ‘American product’ to China [13].

Of course, the evil Romney/Bain Capital plan would have been to put the failing company through an organized bankruptcy.  Sure, workers would have been laid off, but the company would have emerged from bankruptcy either restructured or owned by someone else – either way, those workers would again be needed.  Progressives consistently fall victim (of their own doing) to the false belief that capital equipment simply vanishes from the face of the Earth when a company goes bankrupt.  It doesn’t.  Somebody else is usually there to purchase the bankrupt assets and rebuild from the ground up.  Incidentally, that’s similar to how General Motors began [14].

As if all of these problems weren’t enough to bring down Newt Gingrich for the lying, hypocritical, two-faced piece of garbage that he is, his second ex-wife (the woman he was cheating on his first wife with and who he divorced after cheating on her with his current wife who is 23 years younger) has apparently recorded a two hour interview with ABC News [15] which she noted could “end his career.”

I bet it could.

The question is, after all of the lying, hypocrisy, cheating, scheming, and abject stupidity coming from Newt Gingrich, why would what one of his ex-wives says have the slightest impact?

Because this time it will be personal and it will be from a woman [15].

Look out, Newt.  Even I don’t think you’ll be able to stop that disaster from sinking your fledgling candidacy.

In love of liberty (and marital fidelity),

The Bulletproof Patriot

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