Custom Search

Monday, May 21, 2012

Obama's Bain Attack Thwarted By Cory Booker's "Nauseated" Constructive Criticism; Romney Campaigns As Successful Businessman








Visit msnbc.com for breaking news, world news, and news about the economy











Cory Booker's criticisms complicate Obama team's anti-Bain message

Newark Mayor Cory Booker, a rising political star and a surrogate for President Obama's re-election campaign, criticized the president's re-election team on Sunday for its negative ads focusing on Mitt Romney's record at Bain Capital, calling them "nauseating" -- just one day before the Obama team rolled out its second round of Bain attacks.

Booker's remarks illustrate the careful line the Obama team -- including all of its surrogates -- must walk as it tries to cast Romney as a corporate raider without appearing to criticize the private equity industry as a whole. Republicans, starting Sunday, pounced on Booker's remarks, while the Obama camp tried to tailor Booker's remarks to defend its ongoing attacks against Romney.

On NBC's "Meet the Press" Sunday, Booker said that the negatives ads in the presidential campaign are "nauseating to me on both sides. It's nauseating to the American public. Enough is enough. Stop attacking private equity. Stop attacking Jeremiah Wright."

The mayor was referring to the multi-pronged campaign the Obama camp launched last week, attacking Romney's record as the head of Bain Capital, the private equity firm he founded, seeking to cast him as a heartless corporate titan and job destroyer. The Obama team today released the second ad in its anti-Bain campaign, which attacks Romney and Bain Capital for laying off workers at an Indiana office supply factory.

Booker seemingly equated the Obama attacks with a proposed ad campaign that would have hit President Obama for his ties to the controversial Rev. Jeremiah Wright. Republicans, including Romney, quickly denounced the proposed ad campaign after it was revealed in news reports.

After criticizing the Bain ads on "Meet the Press," Booker took to YouTube to add more context to his remarks -- but he stood by his assertion that such attack ads were "nauseating." Booker said he was expressing his "profound frustration with the kind of campaigning that I think is becoming too much of the norm."
Instead of promoting Booker's nearly four-minute video, the Obama campaign promoted via Twitter an edited, 35-second version which focused on Booker's defense of the attacks against Romney: "Mitt Romney has made his business record a centerpiece of his campaign," Booker said, adding that scrutiny on that record is "reasonable" and that he would "encourage it."

Republicans slammed the Obama team for its handling of the response. "Obama clamping down on @corybooker shows that democrats are no longer allowed to defend free market," Republican National Committee chairman Reince Priebus tweeted.

The RNC later put a petition online called "I stand with Cory," which said, "That's right Mr. President, we aren't going to let you destroy free enterprise. Stand up for America. Stand up for job creators."

After the Obama team on Monday rolled out its new anti-Bain video, the Romney campaign responded by referring to Booker's remarks.

"President Obama continues his assault on the free enterprise system with attacks that one of his supporters, Newark Mayor Cory Booker, called 'nauseating' and a former adviser, Steven Rattner, called 'unfair,'" Romney campaign spokesperson Andrea Saul said in a statement. "Americans expected a different kind of politics from Barack Obama but, sadly, this is just more of the same failed politics that dominates Washington."

Later Monday morning, the Romney campaign highlighted remarks from another Democrat, former Rep. Harold Ford, Jr., who said on MSNBC Monday morning that he agreed with Booker's remarks.

When asked about Booker's remarks on a conference call with reporters, Obama campaign spokesperson Ben LaBolt noted that Booker said Romney's record deserves scrutiny, and that Booker said "Romney had not been forthright about his tenure."

LaBolt said the campaign was "not at all" worried negative attacks would lower turnout among the president's supporters, arguing that the president's re-election team is also conveying a positive vision of the future. "We've not heard an affirmative vision from Mitt Romney," he said.

LaBolt also reiterated that the campaign is "not questioning the purpose of private equity as a whole."

"There are many ways to run a business and many ways to measure that business's success," he said, charging that Romney put profits ahead of long term growth.

Those "same values would have severe consequences for middle class families if he were elected," LaBolt continued. "It's time to stop pretending Romney's time as a corporate buyout specialist...somehow means he knows how to create jobs."




Obama camp doubles down on Bain attacks

Attempting to drive home the message that Mitt Romney is a corporate executive concerned with the bottom line and not American jobs, the Obama campaign released a new video on Monday attacking Romney and Bain Capital for laying off workers at an Indiana office supply factory.

The video, which runs nearly six minutes in length, focuses on a Bain-owned company, Ampad, which bought SCM, an office supply production plant in 1994. The video uses local news reports and SCM workers to tell a story of slashed jobs, reduced wages, and cut pensions after Bain took over.

"I understand if you gotta cut back, [conduct] layoffs, that's part of the business, but you don't come in and take everything everybody's got and destroy a business. That's what they did," former SCM worker Jerry Rayburn said in the video.

Ampad filed for bankruptcy in 2000 after Bain made $100 million dollars, the ad charges.

The Obama campaign's ad on private equity firm Bain Capital, which Mitt Romney co-founded in 1984 and led until he left to run the 2002 Salt Lake City Olympics, is a continuation of attacks the campaign began in earnest last week, where they highlighted GST Steel, a company that saw layoffs after Bain acquired it.

Romney used an interview with a conservative website to respond to the Obama campaign, saying that he had already left to run the Olympics when Bain acquired GST Steel.

The Obama campaign is attempting to discredit Romney's economic credentials as the Republican candidate tries to paint himself as better prepared to deal with a struggling economy than President Obama.

Speaking about Ampad in Ohio last week, Vice President Joe Biden said, "Laying on debt, laying off workers, doing what is good for those at top while everyone else fends for themselves? We can't afford that in the nation."

The Obama campaign has received some pushback on his focus on Bain, even from some in his own party. On NBC's "Meet the Press" Sunday, Newark Mayor Cory Booker said the attacks on Bain Capital show that "we're getting to a ridiculous point in America."

The Romney campaign referenced Booker's remarks in its response to the new Obama video.

"President Obama continues his assault on the free enterprise system with attacks that one of his supporters, Newark Mayor Cory Booker, called 'nauseating' and a former adviser, Steven Rattner, called 'unfair,'" Romney campaign spokesperson Andrea Saul said in a statement. "Americans expected a different kind of politics from Barack Obama but, sadly, this is just more of the same failed politics that dominates Washington."



View Larger Map


Sources: AP, CBS News, Fox News, Mediaite, MSNBC, NBC, Raw Story, Youtube, Google Maps

No comments: