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Perry: Venture Capitalism Is Good, Vulture Capitalism Is Bad

Rick Perry: "There's a real difference between venture capitalism and vulture capitalism. Venture capitalism, we like. Vulture capitalism, no. And the fact of the matter is that he's going to have to face up to this at some time or another, and South Carolina is as good a place to draw that line in the sand as any because those people in Gaffney, S.C., understand what happened to that photo album company. The folks in Georgetown, S.C., understand the jobs that were lost and that Bain Capital took $20 million and $65 million respectively from each of those deals and walked away from it. That's not what we're looking for in a president of the United States. We're looking for someone who knows how to build jobs, create jobs, and that's what I've done in the state of Texas. So, there's no use trying to paper this over. That is a problem for Mitt, and he's going to have to face it."

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