Obama’s attack on Bain “unfair,” Bain was “acting very responsibly,” says … Update: Don’t forget about Obama’s Bain bundler

posted at 10:41 am on May 14, 2012 by Ed Morrissey

Well, what else is former auto industry czar Steve Rattner supposed to say?  After all, he quarterbacked the layoffs of tens of thousands of auto-dealer employees in the Obama administration-imposed dealership closures. Moreover, he did so for the exact same reasons Bain had in operating their private-equity turnaround business, which is to make companies and industry stronger through greater efficiency.  However, on Morning Joe today, Rattner went a little further, praising Bain’s integrity and  reputation:

“I think the ad is unfair. Mitt Romney made a mistake ever talking about the fact that he created 100,000 jobs. Bain Capital’s responsibility was not to create 100,000 jobs or some other number. It was to create profits for his investors, most of whom were pension funds, endowments and foundations. It did it superbly, acting within the rules and acting very responsibly and was a leading firm,” Ratner said on MSNBC’s “Morning Joe” on Monday.

“So I do think to pick out an example of somebody who lost their job unfortunately, this is part of capitalism, this is part of life. And I don’t think there’s anything Bain Capital did that they need to be embarrassed about,” he said.

No, but Team Obama might.  Fact-checkers have already noted that Romney had left Bain two years before the steel plant’s closure.   Glenn Kessler gave Team Obama two Pinocchios for the same thing last month.  Having an Obama adviser throw a red flag on Morning Joe underscores the economic illiteracy and hypocrisy behind this attack even further.

Update: Nice catch by Robert Costa at the Corner, who remembered something I’d forgotten:

 Left unmentioned (and blameless) is Jonathan Lavine.

Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy. So according to the Obama team’s logic, Romney, who had left Bain, is responsible for GST Steel’s demise, but Lavine, who was there, is not? Expect to hear more about this connection.

More from the LAT article in January:

Obama also picked up at least half a dozen fundraisers from the finance sector, including one managing director of Bain Capital, the private equity firm founded by his possible GOP rival Mitt Romney. Jonathan Lavine, the chief investment officer of Bain affiliate Sankaty Advisors, was also an Obama fundraiser in 2008, but only joined the reelection effort in recent months, raising between $100,000 and $200,000.

That should be good for a few laughs in a debate if Obama has the nerve to raise the issue, eh?


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Doh!

He left 2 years prior?

You won’t hear that on the lsm, not a part of the marching orders from Valerie

cmsinaz on May 14, 2012 at 10:45 AM

TFGP’s team has been reduced to flinging poop and hoping some of it sticks. They have nothing, nothing on which to run so all they can do is attack.

Bishop on May 14, 2012 at 10:46 AM

Mika not too happy

Heh

cmsinaz on May 14, 2012 at 10:48 AM

Wouldn’t this be a great time for the Democrat Propaganda Machine to put out a story about a job, a career, a family destroyed by the untrammelled greed of Bain Capital? Just one family, nothing more–but with prominent coverage for one or two days. Polling could indicate the likely effect of similar stories unexpectedly appearing in, say, October. And the best thing is that it actually is related to the issue of employment. You test the waters early in the campaign when you can judge the opponent’s reaction and response. Then you are silent on the issue for a few months, until you see Mitt falter and leap in with the coup de grace: saturation Bain bombing.

spiritof61 on May 11, 2012 at 6:01 PM

From the contest for this week’s Distraction. Do I get a carbon credit or something?

spiritof61 on May 14, 2012 at 10:48 AM

Evil 1% ers getting each others back……..

FlaMurph on May 14, 2012 at 10:49 AM

So, uhm, jobs are, like, not a right? Let’s see what my partner, government, has to say!

/Julia

SouthernGent on May 14, 2012 at 10:49 AM

I can’t believe that Obama would lie about anything…..

search4truth on May 14, 2012 at 10:51 AM

Evil 1% ers getting each others back……..

FlaMurph on May 14, 2012 at 10:49 AM

I thought that’s what

gays

do.

Archivarix on May 14, 2012 at 10:51 AM

Please let JOE BIDEN lead the attack on Bain!!!!

PappyD61 on May 14, 2012 at 10:52 AM

{corrected version}

Evil 1% ers getting each others back……..

FlaMurph on May 14, 2012 at 10:49 AM

I thought that was gays do.

Archivarix on May 14, 2012 at 10:52 AM

Kudos spirit

cmsinaz on May 14, 2012 at 10:52 AM

spiritof61 on May 14, 2012 at 10:48 AM

Congrats! Yeah, that should be worth several carbon offsets – go burn lots of fossil fuels today, you have my permission.

notropis on May 14, 2012 at 10:52 AM

So…Mitt projected inherited the closing of the Steel Mill?

Like blaming Bush for not closing Gitmo..
or…
Solyndra….
or….
anything Obama touches…

Electrongod on May 14, 2012 at 10:57 AM

Shiny object #11 — Romney is mean.

Paul-Cincy on May 14, 2012 at 11:02 AM

I noticed, from the ad’s transcripts, that they refer to ‘Mitt’s PHILOSOPHY = this’, so methinks they can actually skate over that “He left 2 years prior” fact.
Man, I abhor these people !!

pambi on May 14, 2012 at 11:05 AM

This is Steve Rattner throwing Obama under the bus.

BigGator5 on May 14, 2012 at 11:06 AM

Excellent update

Crickets to chirp

cmsinaz on May 14, 2012 at 11:08 AM

Rattner can’t be trusted. When he was seventeen, in high school, he pinned some fella named Alfafa to the grounded and cut off his cowlick, thus causing Alfafa to have “terror in his eyes.” Rattner no doubt assumed Alfafa was gay.

maubman on May 14, 2012 at 11:08 AM

Dude, this administration is done.

After reading the update, I cannot believe how stupid they are to put this out there.

blatantblue on May 14, 2012 at 11:10 AM

Of course Obama can’t be criticized for his methods in keeping a business profitable because he never so much as ran a lemonade stand before he became President.

What Obama has done is produce major failure on this front…

The stimulus…Obamacare…Cash for Clunkers……”green jobs” initiatives….Auto bailouts…..

…..have all resulted in major losses for the American people.

This is the kind of ignorant hypocrisy we get from the “Hope and Change” administration:

http://www.snopes.com/politics/business/ge.asp

General Electric is moving its 115-year-old X-ray division from Waukesha, Wis., to Beijing. In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers.
This is the same GE that made $5.1 billion in the United States last year, but paid zero taxes – the same company that employs more people overseas than it does in the United States.

So let me get this straight. President Obama appointed GE Chairman Jeff Immelt to head his commission on job creation (job czar)
. Immelt is supposed to help create jobs.

So Obama makes one of his big campaign contributors a job czar and he rewards us by moving jobs overseas.

Dam# liberals are smart.

Baxter Greene on May 14, 2012 at 11:12 AM

Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy.

More from the LAT article in January:

Obama also picked up at least half a dozen fundraisers from the finance sector, including one managing director of Bain Capital, the private equity firm founded by his possible GOP rival Mitt Romney.

Brilliant move there, Barry. So he’s basically inoculated Romney from any Bain Capital attacks since he’s gladly accepting their cash.

Doughboy on May 14, 2012 at 11:13 AM

Brilliant move there, Barry. So he’s basically inoculated Romney from any Bain Capital attacks since he’s gladly accepting their cash.

Doughboy on May 14, 2012 at 11:13 AM

They need A New Shiny Object, and fast.

blatantblue on May 14, 2012 at 11:13 AM

That should be good for a few laughs in a debate if Obama has the nerve to raise the issue, eh?

Nope. TFGP’s Bain money is unsoiled good money, Romney’s Bain money is dirty cash tainted with evil.

Bishop on May 14, 2012 at 11:14 AM

Update: Obama’s campaign team plays with hula hoops.

Electrongod on May 14, 2012 at 11:14 AM

That Barry, he’s just so much smarter than the rest of us.

\s

ICanSeeNovFromMyHouse on May 14, 2012 at 11:15 AM

Moreover, he did so for the exact same reasons Bain had in operating their private-equity turnaround business, which is to make companies and industry stronger through greater efficiency.

With all due respect, Ed, 0bama’s reasons for closing dealerships had absolutely nothing to do with sound business practices.

It was pure politics.

UltimateBob on May 14, 2012 at 11:16 AM

Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy.

….he and Corzine are probably great buddies.Get on the phone to Rezco and Obama and his cronies will have a great foursome for the next 18 holes.

Baxter Greene on May 14, 2012 at 11:17 AM

I’m no Romney fan but to attack him over Bain is grossly unfair. Bain went into salvage companies that made bad decisions and gave out ridiculous union contracts such as what’s displayed in the main post above.

I thought we were supposed to still be a capitalist company and not resent people for trying to make money??

The bottom line is Romney actually created thousands of jobs at Bain while Maobama has costs Americans millions of jobs.

That’s all you need to know.

LevinFan on May 14, 2012 at 11:17 AM

Bain’s closure of the mill in 2001 laid off 750 employees two years after Mitt Romney had left. Rattner’s actions in 2009 laid off far more workers at the behest of Obama and the UAW. So just who is the job-killing vampire?

As one of the linked articles says, nothing less than free market capitalism is on trial during this election.

Happy Nomad on May 14, 2012 at 11:20 AM

Dude, this administration is done.

After reading the update, I cannot believe how stupid they are to put this out there.

blatantblue on May 14, 2012 at 11:10 AM

Their entire strategy depends on “low-information voter” turnout.

It worked for them in 2008, but it’s going to be much, much harder this time around. They can’t hide from the dismal economy and the $16 trillion public debt.

UltimateBob on May 14, 2012 at 11:21 AM

Doughboy,hope Mitt will not miss this opportunity

cmsinaz on May 14, 2012 at 11:23 AM

Of course Obama can’t be criticized for his methods in keeping a business profitable because he never so much as ran a lemonade stand before he became President.

To be fair, Mr. Obama was intimately knowledgeable about Coke stands.

MessesWithTexas on May 14, 2012 at 11:26 AM

Their entire strategy depends on “low-information voter” turnout.

It worked for them in 2008, but it’s going to be much, much harder this time around. They can’t hide from the dismal economy and the $16 trillion public debt.

UltimateBob on May 14, 2012 at 11:21 AM

_________________________________________

Or, the non-PC term, the Ignorant and Stupid Vote. :)

Unfortunately for the SCOMAF, he now has a RECORD to run on, which can’t be concealed by the media (although they’ll still try with their last dying breaths) plus the “It’s Bush Fault” shelf life expired long ago.

He’s done.

ICanSeeNovFromMyHouse on May 14, 2012 at 11:26 AM

How many car dealerships closed under Obama again? How many thousands lost their jobs?

mouell on May 14, 2012 at 11:28 AM

Bain went into salvage companies that made bad decisions and gave out ridiculous union contracts such as what’s displayed in the main post above.

LevinFan on May 14, 2012 at 11:17 AM

Bain is a private equity firm. There are going to be successes and failures among the struggling companies they underwrite by the very nature of the business. Nevermind the Bain turnaround of Staples when Romney was actually with the firm- let’s concentrate on an insignificant steel mill because that resonates with union folk and rust belt residents.

Happy Nomad on May 14, 2012 at 11:29 AM

They can’t hide from the dismal economy and the $16 trillion public debt.

UltimateBob on May 14, 2012 at 11:21 AM

Not to mention the 16% unemployment rate.

Happy Nomad on May 14, 2012 at 11:30 AM

I, and many others, became unemployed when Teh One’s “philosophy” caused him to cancel the Army’s Future Combat Systems program in 2009.

PKO Strany on May 14, 2012 at 11:34 AM

“It’s Bush Fault” shelf life expired long ago.

ICanSeeNovFromMyHouse on May 14, 2012 at 11:26 AM

That’s why Obama has decided to concentrate on the issues that matter most to Americans:

Look! Julia is running around without free contraception! Let’s attack the Catholic church!!!

Look! I’ve evolved on the idea of gay marriage!

Look! Romney may or may not have been involved in hazing a fellow student 47 years ago!

Look! After saving their pension funds and investing in the plant for 10 years (and two years after Romney left) Bain closed a Kansas City steel mill! Job destroyer!!!!

Happy Nomad on May 14, 2012 at 11:36 AM

Doh!

He left 2 years prior?

You won’t hear that on the lsm, not a part of the marching orders from Valerie

cmsinaz on May 14, 2012 at 10:45 AM

…who would know?

KOOLAID2 on May 14, 2012 at 11:38 AM

Has Rattner ever explained why it is okay for the federal government to illegally screw bond holders, ignoring hundreds of years of bankruptcy law, and use taxpayer money to hand a corporation over to unions?

farsighted on May 14, 2012 at 11:38 AM

I, and many others, became unemployed when Teh One’s “philosophy” caused him to cancel the Army’s Future Combat Systems program in 2009.

PKO Strany on May 14, 2012 at 11:34 AM

The number of defense contracts that are about to be chopped is huge. Since most of them are based on the fiscal year or calendar year and with required notification procedures, the expected layoffs should be announced in the August-October timeframe. How do you think that is going to play as the undecided or persuadable get ready to go to the polls on November 6th?

Happy Nomad on May 14, 2012 at 11:41 AM

I’m sick of Obama’s attacks on capitalism. Nobody should ever get fired? No company should ever go bankrupt? How’s that been working for us so far? In the last 3-1/2 years we’ve pi$$ed away hundreds of billions of dollars under Obama’s feckless “leadership,” bailing out banks (domestic and foreign) and automobile companies and “green” energy companies that made foolish, greedy, and irresponsible business decisions. We’ve spent many billions more keeping the unemployed on the dole for longer and longer periods of time, and bailing out foolish homebuyers who took out mortgage loans they couldn’t afford, or treated their existing homes like ATM’s.

Are we better off now? We’re $15 Trillion dollars in debt, and running Trillion-dollar-plus projected deficits for as far as the eye can see. Despite all the bail-outs and burdensome new regulations, banks continue to behave as irresponsibly as ever (see, e.g., JP Morgan Chase’s recent multi-billion-dollar trading losses). But all Obama can do it propose yet more taxpayer-funded giveaway programs (for underwater homeowners, debt-laden college grads, the chronically unemployed, etc.). And this incompetent boob has the gall to criticize Romney for actually having run a successful business, a business that not only made Romney and his investors/employees a lot of money, but that helped make other businesses run more efficiently?

Obama should take some of his multi-million-dollar income and buy himself a friggin’ clue.

AZCoyote on May 14, 2012 at 11:41 AM

Interesting that the “Car Czar,” Steve Rantner, who oversaw, at the bhest of Pres**ent Obama, the job losses of thousands when he shutdown hundreds of GM car dealerships would be the one to come to the defense of Bain.

J_Crater on May 14, 2012 at 11:45 AM

Point taken kool-aid

cmsinaz on May 14, 2012 at 11:47 AM

Has Rattner ever explained why it is okay for the federal government to illegally screw bond holders, ignoring hundreds of years of bankruptcy law, and use taxpayer money to hand a corporation over to unions?

farsighted on May 14, 2012 at 11:38 AM

The bailout itself was negotiated in the waning days of the Bush administration to help out the companies with their healthcare costs. It was Obama’s people that tinkered with the details and forced an out-of-court bankruptcy deal that gave precedence to the UAW over shareholders. The unions were then given near controlling interests in “exchange” for healthcare and pension obligations that the companies never would have gotten if GM and Chrysler had gone bankrupt the honest way. It was probably the biggest theft of private capital in history- that is until the provisions of Obamacare start kicking in.

Happy Nomad on May 14, 2012 at 11:51 AM

But…but….but…Barry “created” all those jobs. He said so himself!

GarandFan on May 14, 2012 at 11:55 AM

Nope. TFGP’s Bain money is unsoiled good money, Romney’s Bain money is dirty cash tainted with evil.

Bishop on May 14, 2012 at 11:14 AM

Republican money is the root of all evil.

As for money in general, no it’s not evil. Just remember to render unto Caesar everything you have, because God is dead – a bunch of hacks at TIME magazine killed him some time in the 60′s.

RINO in Name Only on May 14, 2012 at 12:00 PM

Time to start watching the “other hand”.
This type of crap is just WAY to thin and stupid to be meant as anything but a distraction. Even a cursury review of the Bain charge would have exposed Rattner. Obama’s team had to know this.
Either that, or they really think the entire media world in in their tank.
I ain’t buying it.

Jabberwock on May 14, 2012 at 12:00 PM

Just switched to msdnc, they won’t bring up the fact that Mitt left bain 2 years prior, natch

cmsinaz on May 14, 2012 at 12:10 PM

Time to start watching the “other hand”.
This type of crap is just WAY to thin and stupid to be meant as anything but a distraction.

Jabberwock on May 14, 2012 at 12:00 PM

I’m wondering about that, too.

This inept distraction of the week plan is all too obvious, and it keeps backfiring on them.

They must have something else up their sleeves.

farsighted on May 14, 2012 at 12:20 PM

Anybody know how many companies have gone bankupt in the past 3 years? Or small businesses?

HumpBot Salvation on May 14, 2012 at 12:23 PM

How many car dealerships closed under Obama again? How many thousands lost their jobs?

mouell on May 14, 2012 at 11:28 AM

Not just dealerships, even suppliers like Delphi etc got screwed over in addition to the legal bondholders. If Mittness wants to show backbone, he should declare his intent to undo Oboobi and revert remaining shares & rights to the defrauded holders and do it before the election in defense of capitalism, so that people can factor that into their calculus. But he won’t.

AH_C on May 14, 2012 at 12:29 PM

This inept distraction of the week plan is all too obvious, and it keeps backfiring on them.

They must have something else up their sleeves.

farsighted on May 14, 2012 at 12:20 PM

Axelrod having trouble working with anything other than an empty suit. Facts hurt.

Jabberwock on May 14, 2012 at 12:31 PM

#ObamaThinksYoureStupid

OxyCon on May 14, 2012 at 12:38 PM

Nevermind the Bain turnaround of Staples when Romney was actually with the firm- let’s concentrate on an insignificant steel mill because that resonates with union folk and rust belt residents.

Happy Nomad on May 14, 2012 at 11:29 AM

Romney/Bain didn’t turnaround Staples – they launched it from scratch.

Buy Danish on May 14, 2012 at 12:41 PM

Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy. So according to the Obama team’s logic, Romney, who had left Bain, is responsible for GST Steel’s demise, but Lavine, who was there, is not? Expect to hear more about this connection.

“Logic” is used very loosely in that sentence. To take it a step further, according to the Obama team’s logic throughout this campaign so far, Obama isn’t responsible for anything bad that has happened in this country during his 4 years as POTUS (that’s all Bush & the GOP’s fault), but Romney is responsible for what went on at Bain after he was no longer running it.

This is desperate flailing, not logic.

Dark Star on May 14, 2012 at 12:56 PM

mittens isn’t smart enough to ‘launch a new business’. . . .staples was not ‘launched by mittens’. . . .an outright lie!

Pragmatic on May 14, 2012 at 12:59 PM

Don’t worry. I’m sure Barry will return that filthy money bundled by that Bain 1% anti-worker capitalist pig. . . . . (crickets) . . . . . (crickets)

maubman on May 14, 2012 at 12:59 PM

So it will be the First Gay President against the First Vampire President?

Vampires are much more popular, culturally.

See: Ann Rice, Twilight, Dark Shadows, et al.

So Mitt Nosferatu Romney should take the White House in a landslide.

I don’t drink… wine” could even be Mitt’s campaign slogan.

profitsbeard on May 14, 2012 at 1:01 PM

This inept distraction of the week plan is all too obvious, and it keeps backfiring on them. They must have something else up their sleeves. farsighted on May 14, 2012 at 12:20 PM

I think this is all they got so this is all we get.

Akzed on May 14, 2012 at 1:14 PM

What Obama has done is produce major failure on this front…

The stimulus…Obamacare…Cash for Clunkers……”green jobs” initiatives….Auto bailouts…..

…..have all resulted in major losses for the American people.

Baxter Greene on May 14, 2012 at 11:12 AM

Don’t even get me started on Cash for Clunkers.

Last year we were going to use our tax refund to buy a minivan for my wife. At the time it was forward-thinking, but now we have a third baby and something that can seat five comfortably is a requirement, not a luxury.

Turns out the manufactured scarcity caused by destroying thousands of vehicles amazingly drove up the price of the remaining models. For voyagers and caravans, it was something in the neighborhood of 30%. Combined with the crushing burden of federal student loan debt, it drove the monthly payment on the van up $50/mo., and thus out of our range for the present.

Continuing to operate on one car, we had to drive it harder than usual to account for contract jobs in a crummy economy taking me all over the city, and taking my wife to endless doctor appointments (that third pregnancy, again). That culminated in my engine blowing up two weeks ago, despite our efforts to keep it nominally maintained.

The cost of a replacement engine is $2000, because the destruction of ENGINES under C4C created scarity in the SALVAGE market, meaning the price of the new engine is higher than I’ve ever had to pay for one before. So now I’m carpooling with my parents (at 35!) because I can’t fix the car and I can’t replace the car.

And if ever I do, it won’t be from a GM dealership. We were brand loyalists with Saturn, buying in one form or another four different cars from them over a ten year period (one new Saturn which ran great for a decade, a used Saturn we drove for seven more years, a beautiful used Saturn that died an untimely death in an auto accident, and a used Kia whose engine just blew up after only three years), and convincing our best friends to buy two more. But the gov’t couldn’t close the deal to keep Saturn intact and now that’s gone, along with Pontiac and Hummer, leaving only Chevrolet and their oh-so-awesome Volt, at only twenty times the amount I can afford to spend on an automobile right now.

The “unintended consequence” of C4C is that it removed purchasing power – for cars and even for engine repairs – from the very people Obama et al claim to champion in DC: the lower-income families who can’t go out and lease a new Lexus every two years. And all in a naked attempt to undermine the gas-powered auto industry in favor of promoting “clean” fuels before their commercial viability is established.

The Schaef on May 14, 2012 at 1:14 PM

But…but….but…Barry “created” all those jobs. He said so himself!

GarandFan on May 14, 2012 at 11:55 AM

exactly, he personally put a bullet in Osama bin laden too…

And kept Al-Qaeda on the run, I heard him say “All those soldiers fighting on MY BEHALF

kirkill on May 14, 2012 at 1:16 PM

Romney should counter by attacking the way Obama ran operations while he was CEO at ….. er, …… uh, ……… nevermind.

fogw on May 14, 2012 at 1:16 PM

mittens isn’t smart enough to ‘launch a new business’. . . .staples was not ‘launched by mittens’. . . .an outright lie!
Pragmatic on May 14, 2012 at 12:59 PM

It wasn’t a “turnaround”:

Their first big success was a 1986 investment to help start Staples Inc., after founder Thomas G. Stemberg convinced Romney of the market size for office supplies and Romney convinced others; Bain Capital eventually reaped a nearly sevenfold return on its investment, and Romney sat on the Staples board of directors for over a decade.[48][61][62]

Stemberg has nothing but the highest praise for Romney:

“Mitt didn’t just invest in Staples when it was an idea — he hung around as a member of the board of directors for close to 15 years and I’ve been on some very good boards with some great directors. I would still rate him as the single best corporate director I’ve ever worked with. He was the inspirational leader and while Staples may have existed without him, I doubt it would have been nearly as big or successful without him.”

But yeah, he’s not “smart” enough./

Buy Danish on May 14, 2012 at 1:19 PM

Have any companies Warren Buffet tried to salvage still gone under?

farsighted on May 14, 2012 at 1:53 PM

The Schaef on May 14, 2012 at 1:14 PM

Instead of $2000 for an engine, have you looked at just buying a clunker that runs? At least you’re mobile for as long as it lasts, even if it’s a year or so. I’m not really up to date on the prices, but that was my MO ten years ago. Going from clunker to clunker for as long as they run w/o too much repairs. Otherwise, dump and repeat.

Now that my status has improved, I’m going from used to used (5 – 7 yo). And even if I could afford it, I just can’t see ever buying new – just not worth it, ever.

AH_C on May 14, 2012 at 2:28 PM

No surprise with this – Bush left the WH 3 years ago and they’re still blaming him for everything that’s happening now.

dentarthurdent on May 14, 2012 at 2:29 PM

The Schaef on May 14, 2012 at 1:14 PM

Another unintended consequence of C4C:
The difference between what your clunker was really worth, and the $4500 given, is listed as INCOME on your tax forms.
Just another little bit of mis-information that O didn’t want you to know about…until it was too late.

askwhatif on May 14, 2012 at 2:43 PM

Brilliant move there, Barry. So he’s basically inoculated Romney from any Bain Capital attacks since he’s gladly accepting their cash.

Doughboy on May 14, 2012 at 11:13 AM

At least everything Bain did after Romney left it.

Somebody might want to compare Bain’s balance sheets and amount of people hired/fired before and after Romney left Bain. If the comparison favors Romnney, Romney might want to make ads about it!

Steve Z on May 14, 2012 at 3:00 PM

The take away from this……

Fraudbama’s hands are so dirty, there is very little he can touch and try to make it a negative to Super Mitt.

And we haven’t even gotten to the F & F, legislative bribery, and the administrative crony contracts he is rewarding his friends with. This entire Chicago on DC chapter is a disgrace.

Negativity abounds.

FlaMurph on May 14, 2012 at 4:32 PM

I can’t believe that Obama would lie about anything…..

search4truth on May 14, 2012 at 10:51 AM

But is it a lie tho?

When the words you say, create your own reality, does it make it a lie, just because the rest of us around him don’t see the reality he sees?

He may be completely truthful when he says that, we don’t know what reality he exists in.

Now, if we’re talking about mentally unbalanced, whole other thing…

– Smoov

Smoovious on May 15, 2012 at 12:01 PM