Oh, he mustve missed the 800,000 negative smear ads romney and his super pac billionaire pals are running against obama. I say if romney A) can't speak up for himself and B) can't take the heat of a presidential election, he should beat it back to the rock he hides under.
The voters are not giving Romney a pass on releasing additional tax returns. It is almost certain that his wealth increased more in the Obama years than in the Bush years. But perhaps he shorted the market in 2008!
The difference between Booker and Obama is obvious - Booker is honest. Bain took over companies that were already failing and tried to save them. This meant cutting costs and many of these companies, which would otherwise have gone out of business, are successful today. If this concept is too complicated for you, go back to name calling.
I love Cory Booker, but he's talking way over his pay grade on this one. Romney's record at Bain Capital in no way qualifies him to help heal this country's financial ills. That is the bottom line. His kind of capitalism isn't a job engine, pure and simple. His business was to make money from businesses. That is no job engine. All that said, attacks on Bain Capital is only one of the necessary critiques of the Romney candidacy. Pointing out the man's tendency to lie without any semblance of restraint is the most disturbing aspect of the former governor. He wants power way too much, and seems to be willing to say anything to get power.
Funny, never worked for someone who was poor and didn't know how to make money in a business. And Obama is doing such a great job with the economy?!?!? Then please explain to me why median income for the middle class has fallen more under Obama's administration then any other president in recent history??? Yup...that's right "the Middle Class"...not the rich that Obama likes to poke fun at of which Obama falls into!
Tarring all of private equity with the same brush is a double edged sword. The range of investments covered by the name private equity is enormous. Bain participated in a particular type which was characterized by Gov. Prick Perry (albeit in the heat of a campaign) as vulture capitalism. As the name implies, the bones of business are picked clean in order for its practitioners to prosper. Bain would lower costs, by one firing people, seizing such assets as pension funds. Dumping the obligations on the PBGC, (that is profiting fron the pension while taxpayers foot the bill). The Wall Street journal, another Murdoch owned right wing publication, found the number bankruptcies associated with the Bain brand of private equity to be 22%. To put in proper perspective this far below the success rate of normal private equity. Since WSJ did this when Romney was not the republican nominee, their current propaganda tries to cast Romney and Bain in a more favorable light than their history deserves.
Nope!!! Trouble with Cory's attack is the Bain History is fair game, starting with and now especially as the tepubs now want to rehash the Solyndra deal gone sour in which most of the leg work leading up to was done during the bush admin, qualifications for etc., not so the vulture capitalist, and friends, romney business dealings!!
Most of the legwork for Solyndra was started under the Bush administration? I don't think so, how about backing up your claim with something? Not saying it's impossible, but I'm pretty sure we would have heard that prior to today. Obama was taking full credit for Solindra before its colapse. Now he wants to bury under the rug.
Really...wouldn't have had anything to do with the Fair Housing Act passed during the Clinton years that forced backs to loan money to people who couldn't afford houses in the first place? So banks were then forced to setup derivatives to help offset the risk of loaning money to people who couldn't afford the loans in the first place! Get off of your "Occupy Wallstreet" kick and learn about this country's financial history before making such comments!
The left cannot think for itself- so you have to excuse people like this. They are literally media puppets and nothing more. Whatever CNN or the Moronic NBC news tells me is true, why should I look up the history or FACTS behind these stories. And both replies above left out the all important Fannie and Freddie debacle who was behind every faux mortgage handed out. And ofcourse the fools that took out loans knowing well they would never pay them back, and more then they could afford have no responsibility. Yes the banks preyed on people but eventually you have to be an adult and take responsibility for your actions and decisions. But then again its a lot easier to simply cry victim nowadays with the community activist in chief in the white house.
I agree with him...if anything, the GOP could easily and aggressively have ads that target the president for never having any private sector work, let alone doing anything to create or reorganize businesses and their staffing...the Dems shouldn't be throwing stones at Romney...the president's house is more transparent than Romney's...and more deserving of negative ads...the president hasn't done anything to improve the economy and its job's outlook...
I can't believe someone saying Obama is anti business when he bailed out GM, and another trying to compare the US to Greece.Talk about being blind to facts.I think both of you have the corner market on that one
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It is almost certain that his wealth increased more in the Obama years than in the Bush years.
But perhaps he shorted the market in 2008!
Trouble with Cory's attack is the Bain History is fair game, starting with and now especially as the tepubs now want to rehash the Solyndra deal gone sour in which most of the leg work leading up to was done during the bush admin, qualifications for etc., not so the vulture capitalist, and friends, romney business dealings!!