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Re: Gingrich Group’s Bain Capital Video

King Henri IV of France called his fellow monarch, King James I of England, “the wisest fool in Christendom,” because James’s vast erudition so seldom kept him from doing really dumb things.

King James, meet Newt Gingrich.

The video, at least judging by that appalling trailer Alana posted, will be terrific fodder for Obama’s negative ads this summer and fall. Indeed, assuming Mitt Romney is the Republican nominee, the Obama campaign should just buy the rights to it. Had the technology been available a century ago, it could have been produced by such  anti-capitalist muckrakers as Ida Tarbell or Gustavus Myers. It is deeply tendentious and intellectually dishonest (as were Tarbell and Myers, of course)  and utterly ignorant (one assumes willfully) of how capitalism actually works.

Gingrich was apparently deeply angered by the barrage of negative ads that a Romney SuperPAC ran in Iowa and which caused Gingrich’s poll numbers to drop precipitously in that state. I don’t blame him for being angry. I do blame him for forgetting one of the fundamental rules of politics: “Don’t get angry, get even.” This video will not only harm the Republican campaign this fall, it will, I suspect, end any chance Gingrich might have had to win the nomination or even to take a high position in a Republican administration. It shows him to be completely lacking in the temperament needed by an American president in a dangerous world.



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