More 'Evolving': Obama Won't Return Bain Capital Donations...

[paulitician]

Though the Obama campaign has repeatedly attacked Mitt Romney for his career at Bain Capital, President Obama still accepted $7,500 in campaign contributions from three Bain executives. His campaign press secretary, Ben LaBolt told The Politicker the president has no intention of giving the money back.

“No one aside from Mitt Romney is running for President highlighting their tenure as a corporate buyout specialist as one of job creation, when in fact, his goal was profit maximization,” said Mr. LaBolt. ”The President has support from business leaders across industries who have seen him pull the economy back from the brink of another depression, manufacturing and the auto industry revived, and support his agenda to build an economy that lasts where America outinnovates and outeducates the rest of the world and economic security for the middle class is restored.”

On Tuesday, Vice President Joe Biden defended the attacks on Mr. Romney’s tenure at Bain Capital. Though he insisted he wasn’t “criticizing private equity firms,” Mr. Biden said there were many examples of Mr. Romney and his Bain colleagues causing tremendous harm.

“You hear all these stories about his partners buying companies … where they load up with a tremendous amount of debt. The companies go under, everybody loses their job, the community is devastated, but they make money,” said Mr. Biden. “They make money even when a company goes bankrupt, when workers lose their jobs.”

Earlier in the week, President Obama described Bain and other private equity firms as a “healthy part of the free market” filled with many ”folks who do good work.” However, he also said the priority of private equity companies is to “maximize profits,” which is “not always going to be good for businesses or communities or workers.” Because of this, he said Mr. Romney’s work at Bain Capital isn’t good preparation for the presidency...

Read More:
President Obama Won’t Be Returning His Donations From Bain Capital | Politicker
DRUDGE REPORT 2012®

 

[Caroljo]

We all know by know Obama doesn't care where he gets his money, as long as he gets it.

 

[Sallow]

Why should he? Exactly?

 

[Mac1958]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

 

[code1211]

When Obama was exposing his true feelings on some issue and abandoning the posture that he had adopted to please the demographic he was trying to please, the Press called his position "Evolving".

One observer in a panel discussion show said that his position was more the result of Intelligent Design than of Evolution.

It's obvious that this is true of all of his positions.

 

[code1211]

Why should he? Exactly?

Fruit of the poison tree?

 

[G.T.]

I think the bigger sory here is why are Bain executives donating Obama instead of Mitt.

 

[Bigfoot]

We all know by know Obama doesn't care where he gets his money, as long as he gets it.

You speak the truth.

 

[zeke]

So Bain is making sure they cover all bases (in the event Obama wins) and you have a problem with Obama. Funny shit right there.

Call Bain and bitch at them if you are so upset about where they give their money.
You tell em it's the Mittens that they give money to. Not Obama.

See how well they listen to you. A nobody.

 

[Bigfoot]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Obama's polling appears to be getting ready to crash and burn, he is desperate.

 

[Sallow]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Actually no.

What he's saying is that Romney didn't create jobs, quite the opposite..jobs were lost due the the actions of his company. Romney's trying to state that what he learned at Bain should be applied to government.

Which would be disastrous in the minds of some.

Of course..some people think Bush was a good President.

 

[Sallow]

I think the bigger sory here is why are Bain executives donating Obama instead of Mitt.

Well..like most Financial firms they are hedging their bets.

 

[Sallow]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Obama's polling appears to be getting ready to crash and burn, he is desperate.

Well no..they are not.

Actually..his "polling numbers" are about the same or a bit better (in some cases) then George W. Bush's around the same time in 2004.

 

[Mac1958]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Actually no.

What he's saying is that Romney didn't create jobs, quite the opposite..jobs were lost due the the actions of his company. Romney's trying to state that what he learned at Bain should be applied to government.

Which would be disastrous in the minds of some.

Of course..some people think Bush was a good President.

Problem is that the specific actions that Romney took at Bain were absolutely typical of actions taken by such firms across the country every single day. I can see the argument that government shouldn't be run like a private equity firm, but I don't think that's what Romney is saying he would do. That's a weird and tenuous connection to try to make, but I suppose it's typical of politics - draw a straight line from here to there whether it makes sense or not.

The optics aren't good when Democrat politicians are taking money from these firms. And I'd love to know how our politicians would behave if they were not so dependent on blowing people for money.

As for those who say Bush was a good President, they have to. He had an (R) after his name, so they feel ideologically obligated. I'm no shrink, and I don't know how strong delusion can be, but that has to take some serious work.

.

 

[SniperFire]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Actually no.

What he's saying is that Romney didn't create jobs, quite the opposite.

Ever hear of.... oh, say.... Staples?

 

[Seawytch]

If only money didn't play such a role in politics. Ah, to dream...

.

Why does it have to be a dream?

 

[WillowTree]

Though the Obama campaign has repeatedly attacked Mitt Romney for his career at Bain Capital, President Obama still accepted $7,500 in campaign contributions from three Bain executives. His campaign press secretary, Ben LaBolt told The Politicker the president has no intention of giving the money back.

“No one aside from Mitt Romney is running for President highlighting their tenure as a corporate buyout specialist as one of job creation, when in fact, his goal was profit maximization,” said Mr. LaBolt. ”The President has support from business leaders across industries who have seen him pull the economy back from the brink of another depression, manufacturing and the auto industry revived, and support his agenda to build an economy that lasts where America outinnovates and outeducates the rest of the world and economic security for the middle class is restored.”

On Tuesday, Vice President Joe Biden defended the attacks on Mr. Romney’s tenure at Bain Capital. Though he insisted he wasn’t “criticizing private equity firms,” Mr. Biden said there were many examples of Mr. Romney and his Bain colleagues causing tremendous harm.

“You hear all these stories about his partners buying companies … where they load up with a tremendous amount of debt. The companies go under, everybody loses their job, the community is devastated, but they make money,” said Mr. Biden. “They make money even when a company goes bankrupt, when workers lose their jobs.”

Earlier in the week, President Obama described Bain and other private equity firms as a “healthy part of the free market” filled with many ”folks who do good work.” However, he also said the priority of private equity companies is to “maximize profits,” which is “not always going to be good for businesses or communities or workers.” Because of this, he said Mr. Romney’s work at Bain Capital isn’t good preparation for the presidency...

Read More:
President Obama Won’t Be Returning His Donations From Bain Capital | Politicker
DRUDGE REPORT 2012®

Why was Bain stupid enough to give money to him in the first place? Lesson learned I'd say.

 

[Mac1958]

If only money didn't play such a role in politics. Ah, to dream...

.

Why does it have to be a dream?

Because the people who would be responsible for taking money out of politics are the same people who benefit from that money.

You get them to fix that and I'm buying you a beer.

.

 

[SniperFire]

If only money didn't play such a role in politics. Ah, to dream...

.

Why does it have to be a dream?

'Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.'

 

[Sallow]

.

Obama's trying to walk one helluva fine line here, saying that private equity is fine but the practices of one guy were not. Holy crap, is he sure he really wants to do this? Especially since so many Dems are cozy with Wall Street contributors?

If only money didn't play such a role in politics. Ah, to dream...

.

Actually no.

What he's saying is that Romney didn't create jobs, quite the opposite..jobs were lost due the the actions of his company. Romney's trying to state that what he learned at Bain should be applied to government.

Which would be disastrous in the minds of some.

Of course..some people think Bush was a good President.

Problem is that the specific actions that Romney took at Bain were absolutely typical of actions taken by such firms across the country every single day. I can see the argument that government shouldn't be run like a private equity firm, but I don't think that's what Romney is saying he would do. That's a weird and tenuous connection to try to make, but I suppose it's typical of politics - draw a straight line from here to there whether it makes sense or not.

The optics aren't good when Democrat politicians are taking money from these firms. And I'd love to know how our politicians would behave if they were not so dependent on blowing people for money.

As for those who say Bush was a good President, they have to. He had an (R) after his name, so they feel ideologically obligated. I'm no shrink, and I don't know how strong delusion can be, but that has to take some serious work.

.

Romney started out by saying his business acumen was the reason to elect him President and that he "created" over 100K jobs..that's the "weird" connection that Mitt, himself, made.

The optics are fine. Obama isn't saying that making a profit is wrong..or even that venture capital is wrong. What he has said is that it really can't be applied to government. Government is not a "for profit" outfit. While this is a hard distinction to make, he's doing a pretty good job in making it.

Hence, Romney's pivot this week from the economy to education. Which, in itself, was weird. He made the claim that bigger classrooms were not a problem in front of a group of teachers. When they challenged him on it..he went mum. His other big issue, was returning Student Loans back to the banks. That..in itself..makes absolutely no sense whatsoever.