Earlier today The Politico reported that Newt Gingrich believed his criticism of Mitt Romney’s record at Bain Capital was a mistake and he admitted he “crossed a line.”
This afternoon the Gingrich Campaign sent out a statement saying the Politico article is misleading.
Newt 2012 released the following statement from Press Secretary R.C. Hammond responding to misleading reports on an exchange Newt Gingrich had with a voter in Spartanburg, SC regarding Mitt Romney’s record at Bain Capital (during which the phrase “I crossed the line” was never uttered from Newt, despite the headline from Politico):
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“This issue at hand is neither about Bain Capital, private equity firms, nor about capitalism. It is about Mitt Romney’s judgment and character. It was Governor Romney’s decision to base his candidacy, in large part, on his background as a portfolio manager. Thus, it is entirely legitimate to ask questions about whether he is accurately presenting how he conducted himself during that career.
“Reports by the Wall Street Journal and others contradict Governor Romney’s claims that it was his goal at Bain Capital to make companies more successful. In fact, there were cases where Bain Capital made huge profits and left companies bankrupt. Further reports have cast doubt on Governor Romney’s claim that he was responsible for 100,000 jobs being created thanks to his work at Bain Capital.
“Instead of accepting the responsibility to answer questions about his business background, the Romney campaign is throwing up a smokescreen about an attack on capitalism. That’s just more pious baloney from Mitt Romney and his campaign.”