General World News

Patrick Defends Corporations And Capitalism in Primary Bid

Democratic presidential candidate Deval Patrick is centering his fledgling campaign on a defense of corporations and capitalism that puts him directly at odds with some of the party’s most progressive figures.

“There is a role in the economy for private equity. You bet your life,” Patrick said Monday night in an interview with The Associated Press during his first visit to Iowa since officially launching his campaign. “There’s a lot of good that gets done by private interests investing in the country.”
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Source:: VOANews.Com