Cory Booker slams Obama's campaign ad attacking Romney's time spent at Bain Capital.

[Craig234]

He tried to toe a fine line and screwed up. He's got to keep finance happy in order to run for higher office, but if he pisses off the Democratic base by being too friendly to Wall Street he'll lose anyway.

I've often quoted whoever said "Politicians have to LOOK good to voters, and DO good for donors".

But that quote has rarely been more fitting than the current situation of money corrupting politics where Democrats need to balance Wall Street money and Wall Street reform.

That's what gets us an Obama, talking progressive and doing Republican a lot.

 

[xBiffx]

I've often quoted whoever said "Politicians have to LOOK good to voters, and DO good for donors".

Before or after quoting yourself?

That's what gets us an Obama, talking progressive and doing Republican a lot.

What gets an Obama is when people vote with emotions and not with their heads. LOL at that line all together. Obama doing Republican, now that's comedy.

 

[Charles Kozierok]

Just another Democrat attempt at distracting the people from the record of this Fool, Bobo, the Post Turtle.

Never heard Romney referred to as "Fool, Bobo, the Post Turtle" -- whatever that means.

What gets an Obama is when people vote with emotions and not with their heads.

What gets us Obama is a combination of the Republicans not putting up a better alternative, and creating one disaster after another whenever they get power.

 

[Doc Savage Fan]

classy edit by the Obama campaign...

http://www.politico.com/blogs/media/2012/05/three-ways-of-looking-at-cory-booker-124035.html

On one hand, you have Romney last week kiboshing the proposed Rev. Wright ad campaign this Fall...and on the other, you have Obama's team resorting to Breitbart tactics. I smell fear.

 

[a777pilot]

Never heard Romney referred to as "Fool, Bobo, the Post Turtle" -- whatever that means.



What gets us Obama is a combination of the Republicans not putting up a better alternative, and creating one disaster after another whenever they get power.

LOL!

Bull Shit!

 

[Incorruptible]

Finally a Democrat that gets it and isn't a partisan hack. They need to focus on the real issues instead of these personal attacks

 

[Charles Kozierok]

LOL!

Bull Shit!

Powerfully argued position, sirrah! Are you a Fox News contributor in your spare time?

 

[theeedude]

Loading a company with debt to pay yourself is not job creation. It's the type of capitalism that got us into the mess we are in. Romney needs to come clean on what he did at Bain, if he wants to use his private sector experience as a reason why he would be good for the economy. He needs to explain why he loaded the companies with debt, and why he cut benefits and pensions to employees while paying himself, and how that approach would be good for America if he is given the keys to the white house.

 

[a777pilot]

Powerfully argued position, sirrah! Are you a Fox News contributor in your spare time?

I'm retired. All my time is spare.

It was a cogent argument. You just can't understand it. That's not my fault.

 

[Charles Kozierok]

It was a cogent argument. You just can't understand it. That's not my fault.

"LOL! Bull Shit" is a cogent argument?

Er.. okay dude. Whatever you say.

 

[xBiffx]

Loading a company with debt to pay yourself is not job creation. It's the type of capitalism that got us into the mess we are in. Romney needs to come clean on what he did at Bain, if he wants to use his private sector experience as a reason why he would be good for the economy. He needs to explain why he loaded the companies with debt, and why he cut benefits and pensions to employees while paying himself, and how that approach would be good for America if he is given the keys to the white house.

Replace 'company/companies' with 'government/governments' and somehow you change your opinion to the opposite......

 

[fskimospy]

On one hand, you have Romney last week kiboshing the proposed Rev. Wright ad campaign this Fall...and on the other, you have Obama's team resorting to Breitbart tactics. I smell fear.

Obama's team has kiboshed attacks on Romney's religious affiliations as well. I smell people seeing what they want to see.

 

[ElFenix]

The hollowing out of productive enterprise by private equity looting isn't a problem? Really?

you don't make money doing buyouts and restructures by hollowing out the productive enterprises. you get rid of the slop that is holding back the productive enterprises and then sell the productive parts for more money than you bought the entire thing for.

Loading a company with debt to pay yourself is not job creation. It's the type of capitalism that got us into the mess we are in. Romney needs to come clean on what he did at Bain, if he wants to use his private sector experience as a reason why he would be good for the economy. He needs to explain why he loaded the companies with debt, and why he cut benefits and pensions to employees while paying himself, and how that approach would be good for America if he is given the keys to the white house.

unfortunately i don't think the american populace has the attention span to sit through a college finance class.

 

[WHAMPOM]

Glad to see there is at least one democrat that understands the nature and value of private equity firms in the market. In addition I'm also glad to see his willingness and honesty to step up and tell Obama to ease up on the blind class warfare rhetoric just a wee bit.

http://news.yahoo.com/blogs/ticket/cory-booker-slams-obama-ad-attacking-romney-bain-200058987.html

The jobs Romney ?created?, welfare and food stamp workers, bankruptcy consultants. Anyone got another category to add, just let me know.

 

[a777pilot]

"LOL! Bull Shit" is a cogent argument?

Er.. okay dude. Whatever you say.

Whatever you say.

It's about time you understood that. Good for you.

 

[theeedude]

Replace 'company/companies' with 'government/governments' and somehow you change your opinion to the opposite......

I am not the one who wants to put the guy who did it to those companies in charge of our government.

 

[xBiffx]

I am not the one who wants to put the guy who did it to those companies in charge of our government.

Nor am I. But nice try making it look like Romney is foul here when this is the M.O. of the entire federal government right now. Nice performance on the uneven bars.....

 

[theeedude]

Nor am I. But nice try making it look like Romney is foul here when this is the M.O. of the entire federal government right now. Nice performance on the uneven bars.....

Romney wants to use his private sector experience as a job reference. The American people are entitled to do their due diligence. If he paid himself and his Bain co-investors huge dividends while saddling companies with debts that ultimately made them unable to fend for themselves, while at the same time screwing workers out of benefits, and saddling taxpayers with bailing out company pension funds, he should explain why this is the type of experience we want for the White House.

 

[Charles Kozierok]

But nice try making it look like Romney is foul here when this is the M.O. of the entire federal government right now. Nice performance on the uneven bars.....

Huh? I can't make head nor tails out of this.

Look, here is the bottom line: Romney is a guy running for president on the basis of his business experience. How is it out of bounds to examine what he did as a businessman?

 

[xBiffx]

Romney wants to use his private sector experience as a job reference. The American people are entitled to do their due diligence. If he paid himself and his Bain co-investors huge dividends while saddling companies with debts that ultimately made them unable to fend for themselves, while at the same time screwing workers out of benefits, and saddling taxpayers with bailing out company pension funds, he should explain why this is the type of experience we want for the White House.

Fine. I expect the explanation to resemble that for the bailout and taxpayer ownership of GM. But since you want to somehow think of this as a minus for Romney, we can't talk about the same exact methods used for saving GM without making that a minus for Obama now can we?

 

[fskimospy]

Fine. I expect the explanation to resemble that for the bailout and taxpayer ownership of GM. But since you want to somehow think of this as a minus for Romney, we can't talk about the same exact methods used for saving GM without making that a minus for Obama now can we?

I'd be interested to see you explain how the methods of Bain Capital and the government rescue of GM took place using the same methods.

 

[theeedude]

Fine. I expect the explanation to resemble that for the bailout and taxpayer ownership of GM. But since you want to somehow think of this as a minus for Romney, we can't talk about the same exact methods used for saving GM without making that a minus for Obama now can we?

Loading up a company with debt to pay dividend to himself while screwing the employees is nothing like the bailout of GM. It's almost polar opposite. Romney loaded up companies with debt, paid himself, screwed the employees, then washed his hands as they went bankrupt.

 

[xBiffx]

I'd be interested to see you explain how the methods of Bain Capital and the government rescue of GM took place using the same methods.

Simple, taxpayer money was used to purchase a failing company in the hopes that it would turn around and be beneficial to all parties involved. Just like in the case of Bain, the investors (taxpayers in the Feds case) were at the bottom of the pecking order and their well being came last whereas CEO's/company shareholders came first. Lower level employees at the failing companies in both cases still took the brunt of the loses while CEO's and higher ups barely got scratched. In the end, the investor (again taxpayer here) was lucky to get their money back, if anything at all, whilst have zero say so in its fate.

Oh, but I know, all the money was payed back so its not the same thing. Really? Seems given a different result, it would be exactly the same thing but the ends justify the means, amiright? There was zero guarantee that the bailout of the auto industry was/is going to save it from bankruptcy.

 

[xBiffx]

Loading up a company with debt to pay dividend to himself while screwing the employees is nothing like the bailout of GM. It's almost polar opposite. Romney loaded up companies with debt, paid himself, screwed the employees, then washed his hands as they went bankrupt.

You think that is any different than what the Fed did except for the end result? They gave a shit about taxpayers in the bailout as there was zero guarantee it would work, or that the money would be returned to them. So the fed loaded up on debt to make sure a few CEO's didn't get screwed. Many employees and business owners still lost their ass, what about them? GM/the Fed seems to have "washed their hands" here as well.

 

[theeedude]

You think that is any different than what the Fed did except for the end result?

Yes, it's almost completely different.

They gave a shit about taxpayers in the bailout as there was zero guarantee it would work, or that the money would be returned to them. So the fed loaded up on debt to make sure a few CEO's didn't get screwed. Many employees and business owners still lost their ass, what about them? GM/the Fed seems to have "washed their hands" here as well.

Ask GM employees if they'd rather have been restructured like Romney "restructured" companies. Loading them up with debt to pay dividends to himself, and then letting Detroit go bankrupt. If you can't see the difference between that and GM and Chrysler's turnaround, you have your blinders on.