“The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand,” Ryan said at a D.C. gathering four years ago honoring the author of “Atlas Shrugged” and “The Fountainhead.”
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I reject her philosophy,” Ryan says firmly. “It’s an atheist philosophy. It reduces human interactions down to mere contracts and it is antithetical to my worldview. If somebody is going to try to paste a person’s view on epistemology to me, then give me Thomas Aquinas,” who believed that man needs divine help in the pursuit of knowledge. “Don’t give me Ayn Rand,” he says.
Newt Gingrich on Sunday defended Mitt Romney from attacks made on his record at Bain Capital. “Bain as an issue doesn’t work because people look at it in balance,” he said on ‘Meet The Press’. “And they say, wait a second, yeah, you can pick a couple companies that lost. You can pick a lot of companies that succeeded. And as even as the governor of Massachusetts said last week, it is a good company.” The former presidential candidate’s defense of Romney’s business record may surprise those who followed his campaign. At one point, Gingrich made Romney’s Bain record a central issue and referred to private equity as “rich people figuring out clever legal ways to loot a company.” — HuffPo “I was very careful,” Gingrich said. “I didn’t go after private equity. … [Obama’s] going after all private equity.” The Obama campaign insists it is not “going after all private equity” but merely arguing that private equity experience does not qualify Romney to be president. – Boston.com
The Republican has repeatedly argued that GM and Chrysler should have relied on private funding to restructure and get back on their feet. That, of course, was impossible. In early 2009, the credit markets were frozen and there was no private funding available. (When a company called Bain Capital was approached, it refused to invest.) And so it appears that Romney is shifting once again, not only taking credit for a policy he attacked, but also saying taxpayer support “was fine,” after arguing for three years it wasn’t fine. The new twist is that Romney is on board with public support after, but not before, bankruptcy, but that doesn’t make sense, either — GM and Chrysler would have never survived the bankruptcy process without federal intervention. Romney could simply try the truth — he should admit, “I was wrong” — but that seems to be the only position he hasn’t tried yet. – Steve Benen