President's own party slams Obama's anti-business ads

[raymor]

Leading members of the president's own party are slamming him for his anti-business campaign ads. Some say that particularly in these years of high unemployment, the government needs to back off and allow businesses to grow and hire, rather than attacking businesses, including ours. What do you think of what mayor Booker has to say?

http://m.yahoo.com/w/legobpengine/ne...news.yahoo.com

Cory Booker slams Obama campaign ad attacking Romney?s Bain Capital record

The Ticket -Sun, 20th May 2012 08:00 PM

Newark Mayor Cory Booker slammed the Obama campaign's ad criticizing Mitt Romney's record as the head of Bain Capital , and called for an end to"nauseating" attacks from both sides. "I have to just say from a very personal level, I'm not about to sit here and indict private equity," Booker, a Democrat, said in an appearance on NBC's "Meet The Press" on Sunday. "To me, it's just we're getting to a ridiculous point in America. Especially that I know I live in a state where pension funds, unions and other people invest in companies like Bain Capital. If you look at the totality of Bain Capital's record, they've done a lot to support businesses, to grow businesses".

The ad--released last week by the Obama re-election campaign--makes Booker, who endorsed Obama for president in 2008, "very uncomfortable," he said. "This kind of stuff is nauseating to me
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more at link

[ThunderBalls]

The mayor of Newark is "leading members" of the presidents party?

[epitome]

Considering Bain went in to a company to slash jobs, collect a huge management fee and leave it on life support, I don't see how behavior like that will improve our economy.

[tony286]

Originally Posted by epitome

Considering Bain went in to a company to slash jobs, collect a huge management fee and leave it on life support, I don't see how behavior like that will improve our economy.

it wont and its funny obama is anti business and they are making record profits and the market hit new highs.

[BFT3K]

That damned Obama - he never gets anything done!

[Brujah]

Booker seems like a decent Mayor for the most part, from what his Wikipedia entry says about him. "The approved $697.1 million budget resulted in an 8.3% increase in the city's property tax, which is one of the largest property tax increases in the city's history." They led the nation in crime reduction from 2006-2008. Their crime rate dropped such that they had a month (March 2010) without a single murder, its first in 44 years.

So he's against negative campaign ads? Good. I hope the Republican campaigns notice too, if we're going to consider a Newark Mayor as a "leading member" of the Democratic party and someone worth listening to.

[BFT3K]

Booker was on Meet the Press this morning. He's as pro-Obama as you can get. To pull minor negative comments from his conversation in an effort to pretend he has a beef with Obama is the epitome of cherry picking.

[Rochard]

Originally Posted by ThunderBalls

The mayor of Newark is "leading members" of the presidents party?

Not to mention he is slamming both sides....

[epitome]

As Mitt Romney returns to Florida on Wednesday for two days of campaigning and money-raising, Democrats are trying to ensure Floridians keep two words in mind: Dade Behring.

It’s the name of a former medical equipment manufacturer in Miami that Romney’s venture capital firm bought and then closed in the late 1990s, walking away with $242 million in profits.

...

The case of Dade Behring in Miami, where some 850 jobs were lost while Romney led Bain has been well-documented. But there’s a new wrinkle: The company under Bain’s leadership sought and received millions of dollars in tax breaks for creating jobs in Puerto Rico — shortly before closing its facilities, costing nearly 300 jobs.

http://www.miamiherald.com/2012/05/1...ylink=misearch

Another Bain Capital success story.

Remember, when Mitt Romney talks about improving the economy, he talks about improving it for a few.

Nobody that posts on GFY is in the group he hopes to improve it for.

[epitome]

If you are looking for the back story of Dade Behring and even how Romney's own party attacked his business record, you can find it here:

http://www.miamiherald.com/2012/01/1...ylink=misearch

[IllTestYourGirls]

Originally Posted by tony286

it wont and its funny obama is anti business and they are making record profits and the market hit new highs.

Shouldn't businesses always have a record profit almost every quarter? Isn't that point of a business?

Most people working wages have also hit an all time high because they get a raise ever 3 or 6 months

What new highs did the market hit?

[GregE]

Romney is running as a job creator. Furthermore, he maintains that as a successful businessman he has the experience and know how to do so.

In my book, that makes his record with Bain fair game.

[Dvae]

The 110th congress was democrat majority controlled.

Why were there almost as many as the 111th?

Originally Posted by BFT3K

That damned Obama - he never gets anything done!

[GregE]

Originally Posted by Dvae

The 110th congress was democrat majority controlled.

Why were there almost as many as the 111th?

Because it really wasn't controlled by the Democrats. That is, unless you count Blue Dogs like Ben Nelson, Blanche Lincoln and few others as Democrats

[epitome]

Originally Posted by GregE

Because it really wasn't controlled by the Democrats. That is, unless you count Blue Dogs like Ben Nelson, Blanche Lincoln and few others as Democrats

Cardoza certainly isn't a fan of Obama. Politically or personally. He's retiring though.

[raymor]

Originally Posted by ThunderBalls

The mayor of Newark is "leading members" of the presidents party?

He's expected to run for president in 2016. He currently receives official surrogate notes from Obama.

[epitome]

Originally Posted by IllTestYourGirls

Shouldn't businesses always have a record profit almost every quarter? Isn't that point of a business?

Most people working wages have also hit an all time high because they get a raise ever 3 or 6 months

What new highs did the market hit?

His point was Obama is not as anti-business as his opposition makes him out to be.

[slavdogg]

Originally Posted by epitome

Considering Bain went in to a company to slash jobs, collect a huge management fee and leave it on life support, I don't see how behavior like that will improve our economy.

you got that backwards, they company went to Bain for help because of Bain's success in turning failed companies around

[_Richard_]

Originally Posted by GregE

Because it really wasn't controlled by the Democrats. That is, unless you count Blue Dogs like Ben Nelson, Blanche Lincoln and few others as Democrats

whats the deal on those guys? thx

[epitome]

Originally Posted by slavdogg

you got that backwards, they company went to Bain for help because of Bain's success in turning failed companies around

Why would a profitable company approach Bain when every article I've read says Bain targeted them and then saddled the company with debt, ultimately killing it? Bain made out like a bandit. Nobody else did.

[GregE]

Originally Posted by _Richard_

whats the deal on those guys? thx

For the most part they're from red states that real Democrats wouldn't stand a chance winning.

[sperbonzo]

Originally Posted by BFT3K

That damned Obama - he never gets anything done!

This might be the scariest post you ever made. What kind of websites do you favor?

So if there is any sort of opposition to your particular ideas then those "facists" must be "purged"? In other words any opposition to your views must be silenced? This is your idea of how a Republic works???

What if someone had posted something like this under Bush, saying that anyone opposing them must be "purged"? What would your reaction be to that?

What kind of sick Stalinist are you anyway? I'm a libertarian and don't like either party, but you are the kind of person that favors dictatorship.



I'm floored that you aren't out there "purging" anyone that dares to have a different point of view....




.

[raymor]

Originally Posted by epitome

Why would ... every article I've read says Bain targeted them and then saddled the company with debt

Because of your choice of reading material. Bain has invested in more than 250 companies. Some did well, some didn't. Staples had ONE store when Bain invested in them. The money from Bain helped them grow to over 2,000 stores. Ampad is another example. Under Bain's ownership, the company quadrupled sales in four years, from $106.7 million in 1992 to $583.9 million in 1996, when the company was sold.

I don't really like Romney's personality, but under Bain's ownership, with Romney on the board of directors, Staples went from a dozen employees to hiring tens of thousands. Some other companies didn't do so well. Such is business. In total, Bain owned companies have made something like $10 billion or so and hired around ha

lf a million people.

[raymor]

Originally Posted by raymor

Because of your choice of reading material. Bain has invested in more than 250 companies. Some did well, some didn't. Staples had ONE store when Bain invested in them. The money from Bain helped them grow to over 2,000 stores. Ampad is another example. Under Bain's ownership, the company quadrupled sales in four years, from $106.7 million in 1992 to $583.9 million in 1996, when the company was sold.

I don't really like Romney's personality, but under Bain's ownership, with Romney on the board of directors, Staples went from a dozen employees to hiring tens of thousands. Some other companies didn't do so well. Such is business. In total, Bain owned companies have made something like $10 billion or so and hired around half a million people.

Having said all that, I want to add that
Romney reminds me of a car salesman, he has that "slickness" like Clinton which I don't like. That's the main thing I didn't liked about Clinton and I don't like it in Romney either. I have to give credit where credit us due, though, he does know business. That could be an advantage in a time where companies are struggling, having to lay people off.

[Tom_PM]

Well I watched Meet the Press this past Sunday so I'll just say briefly that it was an anti-Romney campaign, not an anti-business campaign.

Always question the premise!

[Brujah]

Anything a party considers anti-business is a difference in philosophies. No serious politician is actually anti-business, that's just the spin.

Unless I missed it, the phrase anti-business was never even mentioned by Booker.

[Relentless]

Booker would be a better President than Obama or Romney. So would Bloomberg.

Unfortunately the ridiculous process we use to 'elect' a President causes the best among us to choose not to run for national office. Citizens United, three year long primary campaigns... we will get the best out of the two worst possible choices as offered to us by a few handfuls of people with billions of dollars to push into Super PACs.

Saying Obama is a bad choice means little unless you think Romney is a very good choice. Saying Romney is a bad choice means little unless you think Obama is a very good choice. I have yet to meet anyone who thinks either of them is a very good choice.