let s listen. mitt romney became ceo of bane capital the day the company was formed. his mission, to reap massive rewards for himself and his investors. they don t care who i am. romney took foreign seed money from what the continue america and began a pattern exploiting dozens of american businesses. i feel that is a man that destroyed us. wow. john, let me let me ask you, mark, about that ad. you see this older woman who looks in very bad shape blaming romney personally as the villain who cost her her life basically. is this going to cut down there? we don t know what happens if you put hundreds of thousands or millions behind that kind of message, whether that will have an impact. i think there s some people in the country who will look at this message which the democrats would run against mitt romney and it would impact them. again, i don t know that it would stop mitt romney from winning the primary. it might cost him some votes,
bain. when he says he created 100,000 jobs, he s got capital venture investments with businesses they did control. more than 90% of their activity was leverage buyouts, companies they did control. combining those that they did control. the mission statement of the company itself is to make money for its investors. it s not job growth. that might is have been a by-product but that was not the end game. and what they did, in leverage buyouts you buy that company by putting it in deep debt and then you try to pay off the debt. and the way you pay it off typically is starve the company from people, workers and captain tal investment and in the short-term, you increase profits and pay off the debt and in the long-term it hurts the businesses. and that is why those companies went bankrupt. it s a tough narrative if it sticks. thank you for being with us.
tonight. has authorized his friend who has tons of money to spent 3.something million to go after bane capital in the next week and a half. is he going after him personally and trying to destroy him or pulling back? he has been told by everybody publicly and have been told by former members of congress to cut it out because he will make himself a pariah in the party. newt gingrich is motivated on the personal level. i have never seen him covering for years and we are devastated by the bad finish here. it s personal and also the only conceivable way in a small thread newt gingrich could win the nomination is first by destroying mitt romney and then trying to pick up the pieces. he is going to go for broke and be under tremendous pressure to back away from the strategy he is pursuing.
who is south carolina going to put forward? because iowa is a fine state, new hampshire is an interesting place. but the fact of the matter is, they whittle the field down. south carolina is who picks presidents. welcome back to hardball. that s a great quote and that s the history mitt romney faces as he campaigns to win the state on january 21st. south carolina is known for its take no prisoners politics. and all the republican candidates have their sights set on romney down there. can a mormon win among evangelical vote erts? we ll see if it even comes up. and the say the hit hard by tough economic times. almost 10% unemployment down there, much worse than iowa or new hampshire. and will attacks on romney s tenure at bane capital come up once again?
clean. i think mitt hasn t come clean and there s maybe good reason with what bain capital did. it will keep dripping out. he s been more of a parasite than a vulture. a parasite sucks life out of a living carcass. they transferred wealth from companies and employees to themselves. there are people born into wealth. people that work for wealth. is the narrative that the romney camp wants to paint now about being envious about wealth. even from the president obama election team to the envy of wealth. is it something the american public wants to hear? those working hard and struggling in this country? where mitt might slip up, might. he had a great night last night. he overstates what he did at