May 21, 2012

MAN, THEY'RE BAD AT THIS:

Obama Campaign Does Damage Control After Dems Question Anti-Bain Strategy (Devin Dwyer, 5/21/12, ABC News)

The Obama campaign is in full damage-control mode one day after Newark Mayor Cory Booker publicly derided Democrats' assault on presumptive GOP nominee Mitt Romney over his record at Bain Capital. [...]

Booker is not the only Democrat to question the aggressive, negative portrayal of Romney's work in private equity.  Former Tennessee Rep. Harold Ford Jr. said today he agreed with "the substance" of Booker's comments and "would not have backed out."

"I agree with him, private equity is not a bad thing. Matter of fact, private equity is a good thing in many, many instances," the Democrat said in a separate appearance on MSNBC earlier in the day.

Former Obama administration economic adviser Steven Rattner made similar comments last week, calling a new Obama campaign TV ad attacking Romney's role in the bankruptcy of a Bain-owned steel company "unfair."

"Bain Capital's responsibility was not to create 100,000 jobs or some other number. It was to create profits for its investors," Rattner said.  "'It did it superbly well, acting within the rules, acting very responsibly. ... This is part of capitalism, this is part of life. I don't think there's anything Bain Capital did that they need to be embarrassed about."

Posted by at May 21, 2012 6:39 PM
  

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