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John McCain On Romney: The Opposite Of Bain’s Way Of Doing Business Is Communism

On Thursday, Senator John McCain sat down with Fox News’ Megyn Kelly to discuss the attacks and accusations being lobbed against Mitt Romney, the candidate he has endorsed, and Bain Capital.

McCain criticized Newt Gingrich for disparaging Romney’s time at Bain. “I think that Romney has a basis of support in South Carolina that I think is going to carry him on,” said McCain. “and, in all due respect to Newt Gingrich especially, this is a desperate act. These are desperate times for the Gingrich campaign.”

RELATED: Mitt Romney Uncomfortably Fidgets During John McCain’s Joke-laden Endorsement

McCain then discussed what he sees as the alternative to the way Bain does business: Communism.

Keep everybody in business, keep every industry no matter how bad it is. And that’s what communism is, and unfortunately it doesn’t work.

And, look, nobody feels worse than someone who is involved in it when you have to lay people off. But the fact is that there are so many times when you have to improve, you have to cut back, you have to do things.

Have a listen to what Sen. McCain had to say, via Fox News:

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