Mitt Romney and the Tea Party: A Match Made in Greedy Capitalist Heaven. So What are They Waiting For?
Continued from previous page
And keep in mind that, with Mitt Romney, venture capitalist, carrying your banner in 2012, you will finally get to submit your capsized vision of social class to the verdict of the people -- the actual flesh-and-blood people, that is, not the corporate “people” who make up the S&P 500. You will get to defend exactly the sort of “person” your movement has longed to defend since it was birthed by a CNBC reporter almost three years ago to the cheers of a bunch of derivatives traders in Chicago.
You will get to explain your peculiar conviction that the way to react to a gigantic slump brought on by frenzied finance is to unshackle Wall Street. You will get to line up behind a heroic businessman, like those rugged, resourceful fellows in the Ayn Rand novels you love. You will get to go into battle for the job creators, which is what all capitalists are, right? (Well, okay, maybe not the guys at Bain Capital, the particular outfit where Romney made his pile, but the theory is all that really matters, isn’t it?)
Indeed, your leadership cadre is already playing up the inevitable criticisms of Romney as a job decimator as a way of launching a grand debate about capitalism -- by which they mean, of course, freedom itself. When Newt Gingrich criticized Romney a few weeks ago for his career in private equity, the airwaves of your winger-tainment world exploded with outrage. “This is the kind of risk-taking, free-market capitalism that most people who call themselves conservatives applaud,” intoned Brit Hume on Fox News. If Newt had a problem with Bain’s operations, announced syndicated columnist Jonah Goldberg, “then Gingrich really doesn’t believe in capitalism at all.”
Washington Post columnist George Will declared that what Romney did in his venture capitalist days was an “essential social function,” that his company was “indispensable for wealth creation.” (Just whose wealth was being created he left discreetly undefined.) Yaron Brook, head of the Ayn Rand Center and a familiar figure at Tea Party events, is no fan of Romney’s, but he had this to say about Romney’s career: “private equity serves an incredibly important productive function in our economy… Private equity is in my view a heroic activity.”
“Heroic”: that’s exactly the word! In Romney we have finally found a quarter-billionaire to cry for. And so Suzy Welch, author and wife of Jack, appeared on Fox Business to wonder why Romney wasn’t defending himself aggressively against criticism of his business career. Romney, she announced, is “an American hero to people who believe in free enterprise, or he should be.”
And that combination of tragedy and heroism, my friends, is why you will soon be signing up for the Romney juggernaut. In him you will see the saintly victimhood of Sarah Palin melded with the Promethean job-creator who was the cult object of your 2010 efforts. Social issues be damned! Romney will ensure that we get the one thing that this country can’t do without on its path to hell: further deregulation of Wall Street.
The nation’s all-powerful elitist socialists will, of course, disagree, and you’ll have a field day, raging and weeping at the way they are going to set out to persecute this noble, wealth-creating soul.
Pity the billionaire: it will be a powerful rallying cry for 2012.
Yours in petulant individualism,
Thomas Frank is the author of the just-published Pity the Billionaire: The Hard-Times Swindle and the Unlikely Comeback of the Right (Metropolitan Books). He has also written The Wrecking Crew, What’s the Matter With Kansas? and several other abrasive volumes. He is the “Easy Chair” columnist for Harper’s Magazine and the founding editor of The Baffler.