Rick Perry brings it with Sean: What did Romney do wrong at Bain? What did he do there at all?
This morning, the New York Times struggles (and fails) to explain. But last night, on the Fox News Channel, Candidate Perry really brought it with Sean.
Hannity was puzzled by some of the things Perry had said. Sean challenged Rick about his remarks. In reply, Rick really brought it:
HANNITY (1/10/12): You said, talking about his days at Bain Capital, Bain Capital, compared [sic] companies like that, “They leave the carcasses behind. Bain is a vulture capital company. They walked into South Carolina, a company like Gaffney. They picked the bones clean of those people who lost their jobs in the same mill.” You say, “Rather than restructure jobs, they're trying to make money. Ethics get thrown out the door. They make as much money as they can in a hurry.”From Perry’s response, how well do you understand what happened at those two companies? In our view, this conduct needs to be explained more clearly. But Hannity was shocked, just shocked, by Perry’s remarks. So Perry brought it again:
You know, when I hear that, it almost sounds like Occupy Wall Street. It doesn't sound like somebody that is governing the state of Texas as a conservative.
PERRY: Sean, there's a real difference between venture capitalism and vulture capitalism. Venture capitalism we like. Vulture capitalism, no. And the fact of the matter is that he's going to have to face up to this at some time or another, and South Carolina is as good a place to draw that line in the sand as any because those people in Gaffney, South Carolina, understand what happened to that photo album company. The folks in Georgetown, South Carolina, understand the jobs that were lost and that Bain Capital took $20 million and $65 million respectively from each of those deals and walked away from it.
That's not what we're looking for in a president of the United States. We're looking for someone that knows how to build jobs, create jobs. And that's what I've done in the state of Texas. So there's no use trying to paper this over. That is a problem for Mitt, and he's going to have to face it.
HANNITY (continuing directly): Well, are you saying that he's—you said specifically that they're not ethical. You said specifically— You're saying that Mitt Romney, Governor Romney, is a vulture capitalist? That Governor Romney is unethical?The colloquy continued from there, with Perry saying that Bain “came in and picked their bones clean…and then walked away from them with huge amounts of profit.” To watch the whole segment, click this.
PERRY: What I'm saying is that the way that they operated at Bain Capital, with those two particular companies in those two South Carolina cities, I think was irresponsible. So you know, the truth is the truth, Sean, and there's no use in us trying to shy away from it. If we think for a minute that Barack Obama is not going to attack this and talk about it, we might as well get it out in the open and discuss it right now, and find out, is this the type of conservative that we want representing us at the top of the ticket.
For our money, Perry still didn’t quite explain what Bain did with respect to these companies. Just how did the “looting” work? How did Bain walk away with so much cash? How much of the looted money really should have gone to the workers? With these questions in mind, we’ll only say this:
We hope Perry and Gingrich can explain these matters! We aren’t sure that our side’s leaders will. Or that the Dowd-driven New York Times will ever be up to the task.