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May 21, 2012

Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
James K. Glassman: 5 Stock Picks Among Online Retailers
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Caroline B. Glick: Embracing dangerous delusions and not our friends
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Janet Bodnar: How to Teach Kids to Handle Credit Cards
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Mary Beth Franklin: Retirement Savings Tips for New Grads
Amina Khan: Research links coffee to lower death rates
Chelsea Sheasley: Social media: Is it too feminine?
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Jackson Holahan: The Aleppo Codex
Jonathan Tobin : Iran Declares Victory in Nuclear Talks
Anne Kates Smith: 7 Stocks That Let You Sleep Tight
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Dennis Prager: God and Man at (and for) Liberty
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
Environmental Nutrition Editors: Get the facts on palm sugar sweetening
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Richard Simon: Purple Hearts for domestic terror victims?
Nando Pelusi, Ph.D.: The privacy paradox: Surrounded by strangers, we risk isolation, anxiety
Chris Farrell: Investing Lessons from the Great Recession
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
Tiffany O'Callaghan: New hormone mimics effects of exercise without the sweat
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Rabbi B. Shafier: Why happiness will always be elusive
Charles Krauthammer: Echoes of '67: Israel unites
Howard LaFranchi: With G8 snub, US-Putin 'reset' off to stumbling start
Jeremy J. Siegel: Investors, Relax About Rising Interest Rates
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Clifford D. May: The Real Palestinian Refugee Problem
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Harvard Health Letters: Palliative care: Underused therapy yields surprising benefits
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
Rachel L. Sheedy and Susan B. Garland : Make the Right Moves to Boost Benefits
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
John Rosemond: Parents, stop destroying the American male
Valerie J. Nelson: Maurice Sendak, author of 'Where the Wild Things Are,' dies at 83
Bob Frick: Angst Over Annuities
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
Howard LeWine, M.D.: Ask the Harvard Experts: Why did my blood pressure suddenly shoot up?
Lisa Gerstner: Lower the Rate on All Your Loans
The Kosher Gourmet by Emily Ho : Springtime soba with miso sauce offers a coloful mix of fresh textures and flavors
May 8, 2012
Edmund Sanders: Netanyahu suddenly cancels new elections, forms unity government
Frank J. Gaffney Jr.: Farewell to European superstate
Anne Kates Smith: 4 Stocks That Mimic Buffett and Berkshire Hathaway
Gaia Vince and Clare Wilson The Rise of Miniature Medical Robots: Fantasy Fast Becoming Reality
Paul Takahashi, M.D.: Mayo Clinic Medical Edge: Never suffer night leg cramps
Jessica L. Anderson: Extended-Warranty Warning
The Kosher Gourmet by Diane Rossen Worthington: Celebrate National Chocolate Chip Day with the Best Cookie Ever (Includes techniques)
May 7, 2012
Mark Clayton: Homeland Security warns major cyber attack aimed at gas pipeline industry underway
Angus Roxburgh: Putin Decoded: World view of a Russian feeling dissed
Kimberly Lankford: Navigate a Course for Long-Term Care
Kevin McCormally How to Adjust Your Tax Withholding
Celeste Robb-Nicholson, M.D.: Harvard Health Letters: How do you treat a Baker's cyst?
Joanne Capano: Healthy Snacks for Children: The Choices May Surprise You
The Kosher Gourmet by Penelope Wall: Classic Creamy Spinach Dip with a Fraction of the Calories and Fat
May 4, 2012
Rabbi Nathan Lopes Cardozo: Holy 'trivialities'
Jonathan Tobin: Bibi v. Barak will be no contest this time around
Steven Goldberg: Blue Chip Stocks On Sale Worldwide
Art Pine Slow Productivity Growth a Blessing --- For Now
Sue Hubbard, M.D. : The Kid's Doctor: Are Kids Too Wired?
Kerri-Ann Jennings, M.S., R.D: Foods that are good for your smile
Amy Paturel, M.S., M.P.H.: Eating Well: Foods that are good for your smile
The Kosher Gourmet by Betty Rosbottom: Strawberry rhubarb parfaits are elegant yet simple to assemble
May 3, 2012
Michael Freund: Who's Afraid of the Messiah?
Clifford D. May: The Foggiest War
Susan B. Garland: Insurance to Cover Old Old Age
Steven Goldberg 6 Reasons to Bet on a Big Bull Market
Harvard Health Letters: Treating prostate cancer --- no rush to judgment
Larry Gordon: Harvard, MIT partner to offer free online courses
Naomi Nix : Man gets free trip to Chicago after postcard sent by mother in 1957 finally reaches him
The Kosher Gourmet by Diane Rossen Worthington: Intensely Italian vegetable frittata is a seriously simple standby


Jewish World Review Jan 18, 2012/ 23 Teves, 5772

The Bain of Our Existence

By Ron Hart


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http://www.JewishWorldReview.com | The Bain of Mitt Romney's existence now comes from an unlikely source: a fellow Republican. But in Monday's GOP debate, Romney defended free-market capitalism well.

Newt Gingrich, the "smartest guy in the room" (just ask him), has put forth the pandering and preposterous premise that what Mitt Romney did at venture capital firm Bain was somehow bad. His narrative, which the leftist media is all too willing to amplify, goes against the very core of what I thought was the philosophy of the Republican Party.

Newt, I like you, but you have let your thirst for power overwhelm what you know to be right. It is time to exit stage right (as an inducement, there is a buffet backstage). It's time to return to what you do best, finding younger and healthier wives and giving "advice as a historian" to Freddie Mac and Fannie Mae in exchange for millions of taxpayer dollars --- which in no way should be confused for lobbying by using one's political connections.

Newt proves that once someone is in Washington too long, capitalism becomes crony capitalism, even for Republicans. That is why, like diapers, politicians need to be changed regularly -- and for the same reason.

I did not even mind when Newt sat on the couch with Nancy Pelosi and said that both parties want to help the environment. I can understand being filmed on a couch with the odious and objectionable Pelosi; Newt was young and needed the money. This proved false the premise that conservatives do not care about conservation. We hunt, fish, camp and live in more rural areas than most liberals, so nature is more important to us. We just do not believe in throwing government money at Al Gore's harebrained theories on global warming.

CNN and Obama's other press agents were all too happy to take their cue from Newt and look into Bain Capital's less successful ventures in South Carolina. In its pursuit of "objective journalism," for which it is so well known, CNN consulted an unbiased source for an opinion on Republican Mitt Romney: the president of Local 7898 United Steel Workers Union.

For Obama or Newt to quibble over private capital, invested by Mitt Romney's Bain Capital for themselves and their willing investors, should be a losing strategy. Yet I am astonished what some people fall for when the envy card is played.

Private capital firms are only paid when they succeed, a perplexing concept for politicians. Over the years Bain created more than 100,000 jobs and saved many companies. Focusing on the few bad deals is like going back in time to harp on Joe DiMaggio's strikeouts. To me, what Newt did to capitalism by touting the shallow Obama line on Bain was a very disappointing, shameful act of desperation.

When Obama forced GM to agree to a loan repayment structure favoring the unions over secured bondholders, he contradicted more 200 years of business law. Hundreds of automobile dealerships closed; tens of thousands of workers lost their jobs; and brands like Saturn, Hummer and Pontiac were killed. However, Bill Clinton has shown keen interest in the Hummer.

Have you noticed that industries with perpetual bankruptcy problems are usually heavily unionized---steel in this case, airlines, GM/car manufacturers, etc.? Unions have now bankrupted baked goods company Hostess. Republicans can pick up the pieces; Herman Cain will handle all Ho-Hos and Newt will marry the Twinkies. Even bankrupt businesses find interested suitors eventually.

The media examines Romney's business record, which shows great returns for pension funds and willing investors ($66 billion are entrusted to Bain Capital now), and I am sure they will do the same for "community organizer" Obama. The Southside Chicago neighborhoods (Altgeld Gardens/Roseland) where he first practiced his craft are worse now than when he left them. They have gangs, unemployment at more than twice the national average, and businesses running from the area to more friendly places — in short, the Obama legacy.

Community organizing (as defined by Saul Alinsky in Rules for Radicals where he said a successful organizer should be "an abrasive agent to rub raw the resentments of the people of the community; to fan the latent hostilities of many of the people to the point of overt expressions") is Obama's past. It is also his campaign plan for the fall, so just get ready for it.

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JWR contributor Ron Hart grew up in Tennessee and began writing a column for his hometown paper in 2002. He attended The University of Memphis and the Institute for Political and Economic Systems at Georgetown University. Ron graduated Magna Cum Laude and was elected student government president. Upon getting his MBA, he went to work for Goldman Sachs. He was appointed to the Tennessee Board of Regents by then Governor Lamar Alexander and is now a private investor. He appears on CNN and has been quoted in numerous publications including the Wall Street Journal.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.



Previously:

Confusing Obama and 'Go Bama'

E-conning the Public, Washington Spending, and Other Shell Games

Looking Back at 2011

Kim Jong Il: North Koreans Love You Long Time --- it's Mandatory

What the MF-- Global?

The GOP Primaries: The Adultery of Hope

No Thankfulness at Thanksgiving for the OWS Crowd

Cain Mutiny, or a ‘High-tech Lynching?’

Slipping into an Envy-ocracy

An honest, if unconventional, assessment of those vying to wipe that smirk off Obama's smug mug

The Unwashed Masses Descend on New York City

Obama ‘pivots to jobs’ --- his

Washington: Blame No One. Do Something!

Our Debt Problems: Politicians Extend and Pretend

No Child Left --- To the Left

Dems' debt ceiling demagoguery

Golf Summit --- I Like Spike(s)

Nancy Pelosi Finally Demands a Weiner Probe

The porkulus political payback project

Schwarzenegger, please!

An ILL Wind for Business --- Boeing, Boeing Gone?

Osama's 72 Virgins --- and Obama's 72 Versions

Bin Laden was taken out by seals and now sleeps with the fishes

Trump: Got 99 problems, but rich ain't one

Why you should see the ‘Atlas Shrugged’ movie

Why The Donald trumps the Bamster

O-Bomb-A

Mid-East Megalomaniacal Despots on the Run

Truther or Dare

Facebook ‘Un-friends’ Our Increasingly Regulation-burdened Capital Markets

Egyptians Unfriend Mubarak

Hold 'em liable --- the colleges, that is

Follow your Hart in a look back at 2010

GOP wins in showdown

WikiLeaks --- Danger or Disinfectant?

The Angle of the Rangel

Where We Let Terrorists Really Hurt Us

Time to starve the spending beast

The TSA: We Do Chicken Right!

A Red Wave

No Juan Left Behind at NPR

Capitalism in Time Saves Mine

The Broader Picture of What These Elections Mean

Dem-moralized: ‘Dead Fish’ taken to the trash cant

Ships Passing in the Night

Obamanomics continue to add up . . . for Republicans

She had Tiger by the tail: If Elin did not get Tiger's money, Obama would have


© 2010 Ron Hart

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