Tuesday, April 2, 2013

Rick Perry on “Vulture Capitalism” from the 2012 Election Campaign.

Perry: Venture Capitalism Is Good, Vulture Capitalism Is Bad. Real Clear Politics, January 11, 2012.

Perry Says Romney and Bain Capital are Vultures. Crooks and Liars, January 10, 2012.

Perry: Mitt’s company “just vultures” who “eat the carcass” of companies. By Alexander Burns. Politico, January 10, 2012.

Rick Perry Targets Mitt Romney, Defines “Vulture Capitalism.” Fox News Insider, January 11, 2012.

Rick Perry on South Carolina: I’m Here to Win. Fox News Insider, January 12, 2012.

King of Bain: “When Mitt Romney Came to Town.” Official Trailer. Video. NewtTubeWOF, January 7, 2012. YouTube.

When Mitt Romney Came to Town: Full, complete version. Video. MarcinCalifornia, January 11, 2012. YouTube.

Rick Perry in Lexington, South Carolina. January 11, 2012. Part 1. Part 2. Video. YouTube.

Excerpt on vulture capitalism, Part 1 at 17:04:

Listen, I’ve been a governor of a state that has created more jobs than any other state in the nation during the decade of the 2000s. I get it about job creation. I understand the difference between venture capitalism and vulture capitalism. We need to have more venture capitalism going on in America and less vulture capitalism. The idea that you come in and you destroy people’s lives. The idea that you come in just to make a quick profit; tear these companies apart. I understand restructuring. I understand those types of things. But the idea that we can’t criticize someone for these get- rich-quick schemes is not appropriate from my perspective. I’m about creating jobs, but I’m kind of like that old ad. I believe in doing it the old fashioned way. Working at it; working for it. And I happen to think that companies like Bain Capital could have come in and helped these companies if they truly were venture capitalists. But they’re not. They’re vulture capitalists.

And that’s what I want the people of South Carolina to think about. Do you want somebody who grew up on a farm, who understands the values of hard work. That understands that you got to conserve things. Whether it was the water on the back porch ’cause you didn’t have indoor plumbing, or whether it’s the money that is limited in your life. We need a President of the United States that understands that you can’t spend your way to prosperity.




CPAC 2013: Governor Rick Perry (R-TX). Video. The ACU, March 14, 2013. YouTube.