Quotessence
Home / Quotes / Quote by Rick Perry

Quote by 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.”

Quote by Rick Perry

Author

Rick Perry
Rick Perry

Rick Perry is an American politician who served as the Governor of Texas. Born on March 4, 1950, Perry graduated from Abilene Christian University. Throughout his political career, he has held positions such as Texas Agriculture Commissioner and Governor. As Governor, Perry pushed for economic and tax reforms, attracting numerous businesses to Texas. He also focused on improving the educational system. more

You May Also Like

“I think that it has to be a very humane approach to this issue, and we have to come up with solutions to it. But we also have to do something about the drugs that are coming across our southern border that are killing our kids... I think there are some people who want to leave this country and return to the country they came from, but obviously it requires a broader solution that that, and we all know that.”

“I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.”

“Bless his heart, I have respect for Mitt Romney, but I do not have respect for what he has done through this debt increase debate. He did this. He waited until it was a done deal that we would increase the debt ceiling, and more money would be spent, more money borrowed and then spent on bigger government. And then he came out and he made a statement, that he didn't like the deal after all. You know, you can't defer an issue and assume that the problem is going to be then avoided.”

“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.”