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January 13, 2012

Gingrich Claims Pressure From "Extraordinarily Wealthy Institutions" to Drop Bain Criticism 
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Republican presidential candidates continue to flood South Carolina
ahead of next week's primary. Much of the campaign talk has focused on
frontrunner Mitt Romney's record at the private equity firm Bain
Capital, where he oversaw hundreds of job losses through buying and
restructuring a number of companies. Romney's rivals have cited his Bain
tenure as evidence he's a "job killer", but they're now facing a major
pushback from Republican and corporate-backed groups who fear their
message will promote further resentment of Wall Street. On Thursday,
Newt Gingrich said he's received pressure from "extraordinarily wealthy
institutions" to stop criticizing Romney's record at Bain, saying
they've told him: "You’d better shut up." At a speech in Washington,
the president of the U.S. Chamber of Commerce, Thomas Donohue, defended
Romney.

Thomas Donohue: "I think it's just been foolish for the Republicans to
carry on that line of attack because they are not doing anything other
than setting up the ad base for their opponents. Romney at least has
experience beyond most of the candidates throughout both parties in
terms of operated successfully in the global marketplace and in the free
enterprise system."



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