On the heels of recent Bain Capital commentary, first from Barack Obama and then New Jersey governor Cory Booker, on Monday "Piers Morgan Tonight" welcomed Newt Gingrich for his unparalleled blend of candor and insight.
No longer in the race for the Republican nomination, the former House Speaker shared his feelings on the financial issue, even as it seemingly aligned him with former opponnent Mitt Romney:
"I think private equity on balance creates more jobs than it kills," said the former GOP presidential candidate in an exclusive interview. "I think it creates a much better future."
Though Piers Morgan suggested the president will use snippets from previous Gingrich speeches to attack Romney, much in the way the former Massachusetts governor is already using Booker's recent words against the incumbent, Gingrich didn't budge:
"Sure. And he can," allowed Monday's guest. "You asked me about private equity in general...I would pick private equity every time. Countries that use private equity get richer, and countries that follow socialism get poorer."
Watch the clip, and listen to the interview, as Newt Gingrich further details his stance on private equity on the backdrop of the recent Bain Capital discussion.