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Bain Capital attacks working, reports the Times
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Bain Capital attacks working, reports the Times
Democrats are divided on going after Romney's business record, as that might dry up funds from private equity and Wall Street to their campaigns. But it looks like talking about Romney's business record is a good idea for Team Obama.
But recent Quinnipiac University polls found that there were slight shifts in Mr. Obama’s favor in Ohio on the question of who would do a better job handling the economy, and that he was roughly even with Mr. Romney on the question in Pennsylvania.
In the most recent NBC News/Wall Street Journal poll, 33 percent of respondents in swing states said that hearing or reading about Mr. Romney’s business record had made them view him more negatively, as opposed to 18 percent who said it made them view him more favorably.
http://www.nytimes.com/2012/07/01/us/politics/bain-attacks-make-inroads-for-president.html?pagewanted=2&_r=1&hp
But recent Quinnipiac University polls found that there were slight shifts in Mr. Obama’s favor in Ohio on the question of who would do a better job handling the economy, and that he was roughly even with Mr. Romney on the question in Pennsylvania.
In the most recent NBC News/Wall Street Journal poll, 33 percent of respondents in swing states said that hearing or reading about Mr. Romney’s business record had made them view him more negatively, as opposed to 18 percent who said it made them view him more favorably.
http://www.nytimes.com/2012/07/01/us/politics/bain-attacks-make-inroads-for-president.html?pagewanted=2&_r=1&hp
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
Re: Bain Capital attacks working, reports the Times
It is a cheap liberal trick to criticize romney for bain capital experience. Intellectually that is no better than calling obamas social service in chicago as parasitic activity. I am ok if obama points out that bain capital is just a job and does not qualify him in any special way for presidency. What romney did what capitalist society entrusted him to do. This cheap politics by obama.
truthbetold- Posts : 6799
Join date : 2011-06-07
Re: Bain Capital attacks working, reports the Times
Romney makes much of his private sector experience as a qualification for his candidacy. He talks about that a LOT more than he talks about his record as governor or MA. So it is fair game to ask what he actually did in the private sector. I don't see why it is bad to criticize Romney's record in the private sector.truthbetold wrote:It is a cheap liberal trick to criticize romney for bain capital experience. Intellectually that is no better than calling obamas social service in chicago as parasitic activity. I am ok if obama points out that bain capital is just a job and does not qualify him in any special way for presidency. What romney did what capitalist society entrusted him to do. This cheap politics by obama.
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
Re: Bain Capital attacks working, reports the Times
As i have already said it is ok to challenge how that bain experience prepared romney for presidency. What is cheap trick is to claim the normal hedge fund technique of selling assets and closing a business. If that disqualifies aperson from being a president then all social workers must be disqualified as they never have a real job. In bain capital obama is trying to capitalize on gordon greco image of hedge fund billionaires rather than clarifying romneys role.
truthbetold- Posts : 6799
Join date : 2011-06-07
Re: Bain Capital attacks working, reports the Times
I don't like vilifying hedge funds or private equity either, as I believe they play a useful role in the capitalist system. But Romney's platform is that he created jobs in the private sector, and that he knows how to create jobs. That is a total stretch based on my understanding of private equity, and based on the facts that have come out about some of Bain Capital's portfolio investments during Romney's time there. So it is an appropriate political response to point out that Romney's experience is actually in making money for his own company, which often came at the expense of American jobs that had to be outsourced overseas so that Bain Capital could turn a higher profit from that transaction.truthbetold wrote:As i have already said it is ok to challenge how that bain experience prepared romney for presidency. What is cheap trick is to claim the normal hedge fund technique of selling assets and closing a business. If that disqualifies aperson from being a president then all social workers must be disqualified as they never have a real job. In bain capital obama is trying to capitalize on gordon greco image of hedge fund billionaires rather than clarifying romneys role.
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
Re: Bain Capital attacks working, reports the Times
truthbetold wrote:As i have already said it is ok to challenge how that bain experience prepared romney for presidency. What is cheap trick is to claim the normal hedge fund technique of selling assets and closing a business. If that disqualifies aperson from being a president then all social workers must be disqualified as they never have a real job. In bain capital obama is trying to capitalize on gordon greco image of hedge fund billionaires rather than clarifying romneys role.
>>>TBT,
As in love and war, all is fair in politics. The dems will capitalize on this just as the republicans are going to play along with the birther fools' theories. All that aside, the economic performance in the next few months is going to be the primary factor in these elections.
Kris- Posts : 5460
Join date : 2011-04-28
Re: Bain Capital attacks working, reports the Times
panini press wrote:I don't like vilifying hedge funds or private equity either, as I believe they play a useful role in the capitalist system. But Romney's platform is that he created jobs in the private sector, and that he knows how to create jobs. That is a total stretch based on my understanding of private equity, and based on the facts that have come out about some of Bain Capital's portfolio investments during Romney's time there. So it is an appropriate political response to point out that Romney's experience is actually in making money for his own company, which often came at the expense of American jobs that had to be outsourced overseas so that Bain Capital could turn a higher profit from that transaction.truthbetold wrote:As i have already said it is ok to challenge how that bain experience prepared romney for presidency. What is cheap trick is to claim the normal hedge fund technique of selling assets and closing a business. If that disqualifies aperson from being a president then all social workers must be disqualified as they never have a real job. In bain capital obama is trying to capitalize on gordon greco image of hedge fund billionaires rather than clarifying romneys role.
I agree. Romney opened himself to this by tomtomming his Bain experience as a qualifier to the big job. He is getting his just desserts now.
Merlot Daruwala- Posts : 5005
Join date : 2011-04-29
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