Shocking News: Some Democrats Seem to Like Wall Street Donors, Aim to Avoid Demonizing Them!
Booker, Harold Ford Jr., Steven Rattner…at this rate, we may never see Republicans criticizing Obama in Romney’s ads.
Booker is not the only Democrat to question the aggressive, negative portrayal of Romney’s work in private equity. Former Tennessee Rep. Harold Ford Jr. said today he agreed with “the substance” of Booker’s comments and “would not have backed out.”
“I agree with him, private equity is not a bad thing. Matter of fact, private equity is a good thing in many, many instances,” the Democrat said in a separate appearance on MSNBC earlier in the day.
Former Obama administration economic adviser Steven Rattner made similar comments last week, calling a new Obama campaign TV ad attacking Romney’s role in the bankruptcy of a Bain-owned steel company “unfair.
But hey – the Obama campaign has their best folks on this!
One criticism of the Bain attack has been the notion that it’s hypocritical for the President to attack Mitt Romney’s record at Bain Capital, yet raise money from private equity donors like Blackstone Group president Tony James, and top Obama bundler Jonathan Lavine, currently a managing director at Bain. It’s an obvious line of attack that’s been kicking around for a week now, and was the subject of Anderson Cooper‘s first question to Obama campaign spokesman Ben LaBolt on tonight’s AC360.
“How can President Obama attack Mitt Romney on his time at Bain, highlighting only times when Bain cost companies jobs, and at the same time hold high priced fund raisers with the head of another private equity firm that’s done work with Bain, the Blackstone Group, there are people who have worked at other private equity firms in his own administration?”
LaBolt started off right, explaining the pertinent point that Mitt Romney himself has bragged about job creation as a “corporate takeover specialist” at Bain Capital, when job creation is about as central to private equity as fertilizer creation is to dairy farming.
But even as Cooper tried to get him to answer the hypocrisy question, LaBolt plowed right through him with more talking points. Five or six times, Cooper tried to get LaBolt to answer that one question, only to be met with uninterrupted talking points, or naked subject changes.
Step back! This man’s a professional!