Obama supporters are seething and the RNC is dancing with delight in the aftermath of Newark Mayor Cory Booker's nonsensical comparison of ads exposing Mitt Romney's real record on job creation with racially tinged attacks on Barack Obama's former pastor.
The RNC thinks that it caught the Dems with their pants down, inadvertently admitting that Romney's work at Bain Capital should be off limits. But the indisputable fact is that Romney's experience at Bain is completely fair game -- Romney himself made that choice when he decided to present it as his chief qualification for the presidency. In fact, it's beyond fair game: if this election is truly about jobs and the economy, then Bain is one of the only games in town.
Romney, attempting to shed his record as Massachusetts governor as fast as he can, has chosen to run almost exclusively on his record as a "job creator" at Bain. Pay no attention to the governor behind the curtain, whose state ranked 47th of 50 states in job creation during his term! In the process, he's mixed up some of his "job creation" numbers and cherry-picked the facts he's chosen to tell the American people. Romney keeps telling us his side of the Bain story. But are we to completely ignore the very real stories of factories shut down and American jobs lost? Let's hear all sides of the story. Isn't that what elections are all about?
And let's also have an honest conversation about whether or not Romney's success in making money for investors through his position at Bain qualifies him to be president. Venture capital and private equity have a role to play in our economy. But making money for investors doesn't mean that you know how to make the economy work for all Americans. As President Obama pointed out yesterday, the goal of a private equity firm is to create wealth, not jobs -- most often, to make as much money as possible for a few investors. The goal of a president needs to be an economy that works for everybody. That's a critical difference.
Both candidates agree that this election is about the fundamental direction that our country will take for the next four years. We should embrace this. How about this simple concept: Let's have that full debate about all aspects of the relevant experience of both candidates and let the voters decide.
Follow Michael B. Keegan on Twitter: www.twitter.com/peoplefor
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 |
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| Obama | Romney | |
|---|---|---|
| Electoral Votes (270 to win) |
332 | 206 |
| Obama | Romney | |
|---|---|---|
| Total | 65,899,660 | 60,932,152 |
| Percent | 51.1% | 47.2% |
| Democrats* | Republicans | |
|---|---|---|
| Current Senate | 53 | 47 |
| Seats gained or lost | +2 | -2 |
| New Total | 55 | 45 |
| Democrats | Republicans | |
|---|---|---|
| Seats won | 201 | 234 |
Google Romney + landscapers
Google Romney + emails
Google Romney + computers
Google Romney + Mass jobs
Never mind Bain that IS just some of his record as a “professional” politician!
Obama is not Newt, Rick, Or Cain.
Yes. Please make Obama’s campaign about Bain. Nothing discredits Obama more.
Kai
Obama is going to hit him, over,and over about Bain , and more Bain.
The name of the game is BAIN = Romney= Greed
AMEN. This equation proves that, to a certain degree, economics is and always will be A ZERO SUM GAME -- that is, ONE MAN'S LOSS IS ALWAYS ANOTHER MAN'S GAIN!
'Nuff said.
Do you think Obama campaign just put out something without researching and having all the facts in their side?
You know , I know this is very damaging to Mitty.
Now we have "Vulture Capitalism;" which takes over established companies in highly leveraged buy-outs then strips their financial, human and technological capital. Extension of vulture capitalism is "Crony Capitalism" where investors walk-away with huge profits, while losses and debts are left to taxpayers, workers and host communities; with pay-off to politicians.
Its not H-1B visa holders, outsourced jobs, or currency manipulations that displaced middle class workers and decimated manufacturing. But rather "Vulture Capitalism" in coal, steel, textiles, newspaper, retail giants etc. with "Mergers and Acquisition" using highly leveraged buy-outs and friendly or hostile take-overs.
New company's top-management, bankers, accountants and lawyers take precedence (in compensation and job security) over companies' workers, mid-level managers, researchers and product designers.
Corporate Vulture Capitalists do the following:
1. Deplete workers' retirement fund.
2. Pay themselves (top management) huge management fees, bonuses with golden parachutes.
3. Expend large cash on bankers, lawyers, accountants and consultants.
4. Pollute the environment for the bankrupt company to manage
5. Short-change the host community and make them pick up the pieces, including tax liability and environmental clean up costs.
Crony Capitalism is giving hundreds of billions of taxpayer money to insane campaign contributor projects that go bankrupt right after the anonymous, unlimited Super-Pac donation checks clear.
Rmoneys prodigal son routine (he's sorry for backing gay rights, pro-choice and Obamneycare, Honest!) as a newly-fledged ultra right winger hasn't really fooled anyone, has it?
He's about feathering his own nest, keeping Anne in new Caddys, country be damned.