Katie Kieffer

The Beatles once rocked America with their cover version of “Money (That’s What I Want).” Today, I’ll rock you with my version. Capitalism don't get everything it's true. What it don't get I can't use. Now gimme capitalism (that's what I want).

Anti-capitalist sentiment is creeping into American culture and we need to immediately halt this trend. Even Republican presidential nominees Rick Perry, Newt Gingrich and Rick Santorum are plunging toward the vortex of need-based morality by aggressively attacking Mitt Romney—not for his socialist slips like RomneyCare—for his businesslike communication style and his record as co-founder of Bain Capital Ventures.

When Romney recently said: "I like being able to fire people who provide services to me," he inadvertently gave his rivals fuel to attack him as a profit-hungry job-killer.

Santorum preaches that Romney fosters social division by using the widely accepted term “middle class” instead the politically correct term “middle income.” Gingrich calls Romney a “looter.” And Perry quips that Romney is a “vulture” who pursued “get-rich schemes.”

Bain invested in a steel mill (GS Technologies) that eventually failed; layoffs ensued and Bain relied on help from the U.S Pension Benefit Guaranty Corporation to fulfill pension obligations. What Perry, Gingrich and Santorum fail to point out is that absurd union demands and government regulations (not warped capitalism) were largely responsible for the downfalls at GS.

It’s very dangerous to attack capitalism and capitalists for American job losses because, as financial commentator Peter Schiff explained on Fox News, our own government played a major role in steamrolling corporations and contaminating the financial markets:

“This wasn’t created by the free market. All this excess leverage is there because of the government; it’s there because of the Fed. They did this; they infected us with this disease. The fact that all these companies are now dying … what they did is they provided Wells Fargo and all these companies with free money and let them go up and leverage it up. And it’s like, I use the analogy, if a kindergarten school teacher … passes out Pixy Stix and soda pop and then leaves the classroom and she comes back and the kindergarteners have wrecked the place, who do you blame?”


Katie Kieffer

Katie Kieffer is a columnist and political commentator. She runs KatieKieffer.com. Kieffer is the author of the forthcoming book "LET ME BE CLEAR."