Friday, January 13, 2012

King of Bain

The 30 minute video produced by pro-Newt Gingrich Super PAC Winning Our Future may be having an effect on front runner Mitt Romney.

The National Journal calls it over the top but possibly lethal. The non-Romney's have begun focusing their attacks on the predatory nature of Romney's activities, with Rick Perry calling it "vulture capitalism."

One of the themes we will hit this semester is the nature of the coalitions within each party, with special attention paid to growing rifts within the Republican Party. While the party has traditionally united around support for "free market capitalism" some apparently see an opportunity in taking a more populist approach to the economy and using it against the financial sector and those who benefited from it at the expense of others. It's Main Street vs. Wall Street.

While the party has a great opportunity to do well this November, it can only do so if all parts of the party are unified. Should this rift continue, that might not be the case.