Current Weather
The Spy FM

Gingrich Hits Romney For Laying Off Workers As CEO, $10,000 Debate Bet

Filed by KOSU News in Politics.
December 13, 2011

Newt Gingrich demonstrated Monday why it will be such a challenge for Mitt Romney to go negative on the former speaker — Gingrich is like a judo black belt of that political technique. Going negative on him means having your force used against you.

Go no further than how he countered a Romney attack. The former Massachusetts governor said Monday that Gingrich ought to return the money he received from mortgage giant Freddie Mac.

On Fox and Friends when asked if he thought Gingrich should return the Freddie Mac money, Romney said “I sure do” saying it was just another example of what’s wrong with Washington with Gingrich, a career politician, exploiting his Capitol Hill ties to make big money once he left public office.

To which Gingrich said, as reported on CNN’s Political Ticker blog:

“If Gov. Romney would like to give back all the money he’s earned from bankrupting companies and laying off employees over his years at Bain that I would be glad to then listen to him,” Gingrich told reporters after a town hall, referring to the company Romney ran. “And I’ll bet you 10 dollars, not 10 thousand that he won’t take the offer.”

Thinkprogress.org has the video.

Gingrich may not endear himself with private-equity firm managers or their investors. But there probably aren’t many of them who will be voting in the Republican primaries and caucuses.

Gingrich’s attack on Romney was so populist and pro-labor sounding, it could have easily come out of the mouth of a Democrat.

Not only did Gingrich manage to remind everyone of Romney’s past as a private-equity manager who acquired companies and wrung costs from them by laying off workers, he also got in a reference to the $10,000 bet Romney offered Texas Gov. Rick Perry during Saturday’s debate.

Monday’s back and forth makes it clear that if Romney eventually wins the nomination, it’s likely only going to be after Gingrich has well pummeled him. [Copyright 2011 National Public Radio]

Leave a Reply

4PM to 5PM Weekend All Things Considered

Weekend All Things Considered

Listen Live Now!

5PM to 7PM American Routes

American Routes

Hosted by Nick Spitzer, American Routes is a two-hour weekly excursion into American music, spanning eras and genresÑroots rock and soul, blues and country, jazz, gospel and beyond.

View the program guide!

7PM to 9PM The Oklahoma Rock Show

The Oklahoma Rock Show

The Oklahoma Rock Show filters through dozens of submissions a week to find the best in new local music. Ryan LaCroix is the host and mastermind behind the show and teaches at the Academy of Contemporary Music at the University of Central Oklahoma (ACM@UCO).

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center