In life, there are occasionally moments of great clarity. Sure enough, in the past couple of weeks there was a defining moment that patently identified who truly represents Republican principles and who are just impostors. Ironically, the pretenders turned out to be the supposed conservatives in the race for the Republican nomination for President, and the candidate who stands for the most fundamental principles of the capitalist system is the one accused of being squishy.
I’m sure you’ve heard that two gentlemen (Gingrich and Perry), each vying for the mantle of the “true conservative” in the Presidential race, in what was characterized by many as an act of utter desperation attacked the methods by which Bain Capital earned money while their opponent, Mitt Romney, was at the helm. They used pejorative terms – such as “vulture capitalism” – to describe the investment activities of Romney and his crew. What Gingrich and Perry have proven is that they will readily abandon our most important values for the sake of personal gain.
Both Perry and Gingrich are career politicians. They may be Republicans, but they are still career politicians who only understand our economy through the eyes of government. Both men have attained powerful positions during their careers, in which they have had the opportunity to influence the largesse awarded to their constituency. Some people call this “crony capitalism”; others label it “socialist capitalism”. Either way, it portrays leaders who make bets with other people’s money – with no personal risk of their own. Mr. Gingrich’s delusion is so deeply embedded that he actually believes that the company he formed to influence government spending (glad-handing) was equivalent to free enterprise.
This is exactly why the Tea Party began – they were sick of Republicans acting like Democrats. They were fed up with Republicans who participated in the expansion of government by handing out the public’s hard-earned money to those who twist the arms of the people in power. The situation had gotten so bad that most liberals were puzzled. Even my brother-in-law, a deeply confused left-winger, asked “What do Republicans stand for if they don’t control spending?”
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