Why Romney has a problem
I now understand why Romney got shellacked in South Carolina while complaining that Gingrich is playing the class warfare card. Take a look at the clip below. It’s about a half hour long and gets into his activities at hedge fund Bain Capital. It pretty much destroys the narrative he’s attempted to create around the fact that he’s been a job creator.
As with most things that are put out in the press nowadays, one must be very cautious about the motivations of those who put forth information even if some truths are revealed. According to Reader Supported News, this is the back story on this film:
The video above, titled “When Mitt Romney Came to Town,” was produced by a so-called “Super PAC” named “Winning Our Future.” While Winning Our Future states on its website: “Not authorized by any candidate or candidate’s committee,” they also go on to say, “Winning Our Future means nominating Former Speaker Newt Gingrich for President in 2012. And advancing that goal is what Winning Our Future is all about.”
The backing for Winning Our Future appears to come in large part from Gingrich’s friend and longtime associate, billionaire gambling mogul Sheldon Adelson. According to the New York Times, Adelson staked Winning Our Future with a $5 million war chest.
“When Mitt Romney Came to Town” appears to have been a component of Mr. Gingrich’s strategy for defeating Mr. Romney for the Republican presidential nomination. However, Gingrich, under pressure from Republican power brokers to tone down the criticism, has now backed away from the film citing “inaccuracies” and saying, “I am calling on them to either edit out every single mistake or pull the entire film.” — RSN Staff
With his gambling enterprises, the film’s main backer, Sheldon Adelson, is exploiting the same people that Romney is exploiting as it’s a well known fact that the main demographic of those who gamble are individuals with incomes less than $ 50,000. So the film tells a partial truth, but fails to look at the entire system of economic exploitation and disaster capitalism that both of these guys play a part in and Romney’s activities have to be viewed in context of an entire political, economic and legal systems that support this. So while the film reveals a truth about Romney and those like him, it fails to tell the whole truth about the system that allows this to occur. That would be a bit too much truth to tell and it appears that Gingrich is now under pressure to back away from the small portion of truth that has been revealed here.
If this keeps up, Romney will lose even though he’s the republican establishment’s favored candidate. I don’t think that’s going to be allowed. We’ll see what happens over the next few weeks, but I suspect Gingrich is going to get “Cained”. If that happens, remember you read the prediction here first!