THE PARTY OF PERSONAL RESPONSIBILITY. Newt Gingrich says he's sorry he unleashed the hounds of hell on Mitt Romney's Bain Capital predations. But he has an explanation:

“I agree with you,” Gingrich said. “It’s an impossible theme to talk about with Obama in the background. Obama just makes it impossible to talk rationally in that area because he is so deeply into class warfare that automatically you get an echo effect. … I agree with you entirely.”

In a couple of months I expect Gingrich to reveal he cheated on his wife and blame it on Kenyan anti-colonialism.

UPDATE. Gingrich returns with an incoherent backtrack on his backtrack: "This issue at hand is neither about Bain Capital, private equity firms, nor about capitalism... Instead of accepting the responsibility to answer questions about his business background, the Romney campaign is throwing up a smokescreen about an attack on capitalism."  Were voters supposed to look at "When Mitt Romney Came to Town" and think, "Well, I'm all for asset stripping and throwing people out of work, but this guy went too far"?