Socialism Is For Tycoons?

Republican presidential hopeful, Newt Gingrich, got it right. He said,
"If we identify capitalism with rich guys looting companies, we're going to have a very hard time protecting it." (Toronto Star, Jan 21, 2012). If he just changed 'companies' to 'workers', he would be there.
The same article, though, shows just how dazed and confused the press is.Gingrich was defending himself against 'anti-capitalism charges'. That's because he attacked opponent, Mitt Romney for his leadership of a private equity firm known for plundering floundering companies and tossing workers into the streets and walking away with $250 million. Later on the article says, " Was Karl Marx correct? Is the boom and bust cycle about to go bust forever?" Something he never supported, of course. And this, "socialism is for tycoons and capitalism is for the rest of us." Go figure where that one came from. Dazed and confused! John Ayers.