Video: Bain’s not a bad company, says … Deval Patrick?

posted at 8:58 pm on May 22, 2012 by Allahpundit

The problem isn’t with private equity or, er, “raping” companies, he says, it’s simply a matter of challenging Romney’s claim of being a job creator. Which, of course, is a lie: Go back and watch Obama’s brutal ad about GST Steel, replete with a worker comparing Romney and Bain to a “vampire.” It’s an attack on Romney’s character, not his job-creating prowess, which is in keeping with the whole tenor of the battle over Bain. Ostensibly it’s an argument over employment numbers but in reality each side wants something deeper out of it. Romney wants voters to come away thinking he’s a business genius even though some of his projects resulted in layoffs; Obama wants voters to come away thinking he’s Gordon Gekko redux, a cold-blooded moneybags who’d sell out the working man for a dollar. Neither of those messages depend much on whether Romney’s Bain tenure netted a gain or loss in jobs overall, but that’s the line Patrick is pushing to try to thread the needle between hurting Romney and not offending Wall Street donors.

As for why we’re talking about Bain instead of the comprehensive failure of western welfare states, even Obama pal David Brooks doesn’t know:

While American companies operate in radically different ways than they did 40 years ago, the sheltered, government-dominated sectors of the economy — especially education, health care and the welfare state — operate in astonishingly similar ways.

The implicit argument of the Republican campaign is that Mitt Romney has the experience to extend this transformation into government.

The Obama campaign seems to be drifting willy-nilly into the opposite camp, arguing that the pressures brought to bear by the capital markets over the past few decades were not a good thing, offering no comparably sized agenda to reform the public sector.

In a country that desperately wants change, I have no idea why a party would not compete to be the party of change and transformation. For a candidate like Obama, who successfully ran an unconventional campaign that embodied and promised change, I have no idea why he would want to run a campaign this time that regurgitates the exact same ads and repeats the exact same arguments as so many Democratic campaigns from the ancient past.

I’ll leave the commenters to answer the question implicit in that last sentence. And here’s another question for you to chew on: Is Patrick’s spin here that the Bain debate is actually an argument over how many jobs Romney created and not an attack on his character something that the White House came up with or just a case of Patrick freelancing? As governor of Massachusetts he has a heavy incentive to stay on the side of deep-pocketed Bain employees, so maybe this is just him going the Cory Booker route and hedging bets. But he is, famously, a good friend of Obama’s, and by now the White House must be desperate to find a uniform message that all of their Bain surrogates can use. This might be it.


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Heh…

OmahaConservative on May 22, 2012 at 9:00 PM

spin away…

doubling down on character issues….

cmsinaz on May 22, 2012 at 9:01 PM

Yup. This is it. /

Can.I.be.in.the.middle on May 22, 2012 at 9:02 PM

As for why we’re talking about Bain instead of the comprehensive failure of western welfare states, even Obama pal David Brooks doesn’t know:

Oh come on, don’t be so dense, were talking about Bain… because Obama had his record for the first 3 1/2 years as POTUS sealed by the courts right next to all of his other sealed records…

SWalker on May 22, 2012 at 9:02 PM

That is the current Prog narrative…Romney has to explain his his job production numbers while at Bain…but BHO doesn’t have to explain anything.

d1carter on May 22, 2012 at 9:03 PM

cmsinaz on May 22, 2012 at 9:01 PM

It’s gonna’ get full-on nasty, darlin’

OmahaConservative on May 22, 2012 at 9:04 PM

So we can expect Obama to be saying pretty much the same thing tomorrow?

http://www.youtube.com/watch?v=8M6x1H08aFc

BRunner on May 22, 2012 at 9:05 PM

because Obama had his record for the first 3 1/2 years as POTUS sealed by the courts right next to all of his other sealed records…

SWalker on May 22, 2012 at 9:02 PM

guaranteed…lsm won’t touch it…

cmsinaz on May 22, 2012 at 9:05 PM

The internal polling at Team SCOAMF must be showing this latest straw man attack as an epic fail. Hopefully Romney has the horse sense to get out of the way as these fools shoot themselves repeatedly in the face.

Rixon on May 22, 2012 at 9:05 PM

OmahaConservative on May 22, 2012 at 9:04 PM

you’re not kidding OC…

cripe it’s only may

cmsinaz on May 22, 2012 at 9:06 PM

Notice that in the Bain debate, the left has abandoned the “saved” element of jobs “created and saved” from their attacks. It may be hard to put a number on it, but I’d bet the vast majority of venture capitalist success stories revolve around that metric.

BKeyser on May 22, 2012 at 9:07 PM

I don’t trust anything Devil (not a typo)Patrick says.

cableguy615 on May 22, 2012 at 9:09 PM

Obama’s pants not looking so creasy nowadays.

WordsMatter on May 22, 2012 at 9:10 PM

Patrick is a typical, mindless obamaturd.

Pork-Chop on May 22, 2012 at 9:10 PM

Is this an audition tape for “So You Think You Can Dance?” Because, wow — that’s a lot of fancy footwork, right there.

DarthBrooks on May 22, 2012 at 9:11 PM

“… I have no idea why he would want to run a campaign this time that regurgitates the exact same ads and repeats the exact same arguments as so many Democratic campaigns from the ancient past.”

When your playbook has only two pages and two plays…

… well, let’s see what’s back on page one.

Seven Percent Solution on May 22, 2012 at 9:12 PM

So Bain’s not a bad company, per se…they just allowed themselves to be helmed by a souless Gorden Gekko vampire for many years during some of their greatest successes? And there are many fine Bain employees, but it just so happens that the one former Bain employee who is running against Obama is a bully to both dogs and long haired hippies and whose favorite beverage is orphan tears?

BWAHAHAHAHA!

Man it must suck to be an Obama apologist these days and have to spout this ridiculous crap.

Kataklysmic on May 22, 2012 at 9:13 PM

I’ve grown to see the value in Allah’s writing. How we will ever know if he publishes other than HA?

obleo on May 22, 2012 at 9:14 PM

Seven Percent Solution on May 22, 2012 at 9:12 PM

lol

cmsinaz on May 22, 2012 at 9:15 PM

This whole line of attack by Obama stinks and quite a few of his supporters agree.

I enjoy watching them eat their own and then squirm to cover their tracks and get caught lying while doing it.

Feel the Bain, Dems!

Corporal Tunnel on May 22, 2012 at 9:15 PM

I’ve grown to see the value in Allah’s writing. How we will ever know if he publishes other than HA?

obleo on May 22, 2012 at 9:14 PM

Not to worry, it will never happen. Michelle Malkin wisely put a Newcastles cut off clause in his contract, if he ever writes for anyone other than Hot Air he looses his supply of Newcastles… And nothing in heaven or on earth could make Allahpundit risk a fate that terrible…

SWalker on May 22, 2012 at 9:18 PM

Patrick
Booker
Rendell
Rattner
Warner

LOLobama

corujodp on May 22, 2012 at 9:19 PM

“As for why we’re talking about Bain instead of the comprehensive failure of western welfare states,…”

If they did that, if they truly looked at the CAUSE of the failure…

… it would expose their liberal socialist utopia ideology as the problem.

Now that would invalidate every thing that they were ever taught, every thing that they were ever told…

… It would expose their ideology as a failure and a lie.

We can’t have THAT now can we…

… War is better.

Seven Percent Solution on May 22, 2012 at 9:19 PM

Personally, I think Barry should go back to a meme that worked well for him, like eating dogs.

pain train on May 22, 2012 at 9:20 PM

pain train on May 22, 2012 at 9:20 PM

Mmmm….
Dog & Horse tacos.
/

OmahaConservative on May 22, 2012 at 9:23 PM

“As for why we’re talking about Bain instead of the comprehensive failure of western welfare states”

Romney deserves some of the blame here I think. He has to start talking about more than just the economy. He’s not talking about the the welfare state and bloated government, at least I don’t hear very much of it anyway. He probably sees the economy as his ticket to the White House so that is what he is emphasizing. But it would be nice to see this election become one about conservative vs liberal ideas. Romney should be talking about breaking the public school monopoly. He should be telling people that his experience in the private sector makes him better able to reduce bureaucracy. A few months ago he was talking about Obama’s “government-centered society.” I don’t think I’ve heard that phrase again. Am I wrong?

Mark1971 on May 22, 2012 at 9:24 PM

Can we thank Newtypoo for starting this? At least it didn’t work then, and hopefully it will backfire now for the general.

AshleyTKing on May 22, 2012 at 9:25 PM

Two questions: When will the purges begin and will there be popcorn?

Punchenko on May 22, 2012 at 9:27 PM

Bain’s not a bad company, says … Deval Patrick?

What’s that I hear? Why, yes: it is America’s first Black/African-Amerian (not)/Kenyan-Irish American, uh, president, GOING DOWN.

minnesoter on May 22, 2012 at 9:28 PM

Dontcha just love these lib liars trying to come up with a coherent statement on Bain.

Kissmygrits on May 22, 2012 at 9:30 PM

Abandon Ship!

cajun carrot on May 22, 2012 at 9:31 PM

Forgot to put spin in after strikeout.

Kissmygrits on May 22, 2012 at 9:31 PM

Patrick, Booker, and Ford.

This is a fundamental difference between Obama and his legitimate, black peers.

Something is going on, moreso than we aware of, yet.

This has to be about Obama eroding east coast support, in the financial sector and black communities. Without investors, Newark doesn’t have a prayer in hell and Boston’s budget is dependent on their taxes.

I want to hear Matthews call all three saboteurs, and then go ask those cities who do they trust more.

budfox on May 22, 2012 at 9:38 PM

Yes ,they found a few Democrats who think a little differently on Bain , however compare it to the video showing the Republican candidates absolutely destroying Romney and Bain …

U2denver on May 22, 2012 at 9:41 PM

For a while I wondered whether Obama’s bifurcated campaign organization– split between Axelrod in Chicago and Jarrett in DC– might be responsible for the chain of campaign blunders, mishaps and backfires that we’ve been witnessing. Poor communication between the camps, lack of coordination, the simple inability of the head honchos to put their heads together in real time to thrash out tactics and strategy, and quash some really bad ideas before they’re out the gate and running away.

Now I’m sensing that the problem is bifurcation at a much deeper level: Obama’s consituency. In both this instance– Bain– and in Obama’s circular evolution on gay marriage, Obama’s first consideration has been to placate the base, or majority of his support. Mollify the blacks and hispanics by remaining on the traditional side of the marriage debate with a nudge and wink to the rest that he’s “evolving.” Gratify every leftist’s deepest desire and bash greedy “vulture capitalism.”

But the problem with both of these positions has been that they’re the diametric opposite of what his wealthy donors want to hear. Hollywood and the cultural elite are pro-gay marriage, and it’s pretty clear now that Obama’s latest “evolution” was a naked appeal for them to re-open their purses, even at the risk of alienating his more traditional marriage-minded “base.” His attacks on Wall Street apparently have choked off the flow of support he expected to receive from the capitalist fat cats. And so other Democrats have to be trotted out to try to “thread the needle between hurting Romney and not offending Wall Street donors.” The problem isn’t Bain, it’s the character of the man who ran it.

Obama’s campaign is stepping all over itself in part because it’s been trying to hold (or appear to hold) two contradictory positions at the same time on several issues. One position for the base, the majority of Obama’s supporters; one position for the money. But one cannot serve two masters. The campaign messages are contradictory or ill-defined, and his campaign appears inept. Bifurcated.

de rigueur on May 22, 2012 at 9:43 PM

Venture capital provides over 90% of all dollars invested in U.S. start-ups. Here are a few examples:
http://venturebeat.com/2012/05/18/facebook-alumni-funding/

Too bad the publicly-traded banks that we bailed out won’t make any loans to anybody – they’re too busy insider-trading:

http://wp.me/p2pfca-7Q

stout77 on May 22, 2012 at 9:43 PM

Abandon Ship!

cajun carrot on May 22, 2012 at 9:31 PM

Castrati and high dollar donors first!! Get everyone who has a political future into the life rafts!!

Punchenko on May 22, 2012 at 9:45 PM

Obama’s campaign is stepping all over itself in part because it’s been trying to hold (or appear to hold) two contradictory positions at the same time on several issues. One position for the base, the majority of Obama’s supporters; one position for the money. But one cannot serve two masters. The campaign messages are contradictory or ill-defined, and his campaign appears inept. Bifurcated.

de rigueur on May 22, 2012 at 9:43 PM

Good point..But also the main thing is record over the last three years blows!!..:)

Dire Straits on May 22, 2012 at 9:45 PM

deval patrick sucks! sticking up for his democrat bud!

NOMITTNOBAMA 2012!

Pragmatic on May 22, 2012 at 9:52 PM

Obama’s campaign is stepping all over itself in part because it’s been trying to hold (or appear to hold) two contradictory positions at the same time on several issues. One position for the base, the majority of Obama’s supporters; one position for the money. But one cannot serve two masters. The campaign messages are contradictory or ill-defined, and his campaign appears inept. Bifurcated.

de rigueur on May 22, 2012 at 9:43 PM

Good point..But also the main thing is Obie’s record over the last three years blows!!..:)

Dire Straits on May 22, 2012 at 9:45 PM

Fixed..:)

Dire Straits on May 22, 2012 at 9:54 PM

Romney should go on a road show with Darryl Issa, and bash Obama on Fast & Furious every day for two weeks!

The biggest scandal in history, the body count in the hundreds.

shanimal on May 22, 2012 at 9:58 PM

Obama’s campaign is stepping all over itself in part because it’s been trying to hold (or appear to hold) two contradictory positions at the same time on several issues. One position for the base, the majority of Obama’s supporters; one position for the money. But one cannot serve two masters. The campaign messages are contradictory or ill-defined, and his campaign appears inept. Bifurcated.

de rigueur on May 22, 2012 at 9:43 PM

It’s all he knows. But it looks like his campaign strategy is to stick his hand in a bucket and see what rabbit he pulls out and go with it…it’s like he signed up the McCain campaign team.

hillsoftx on May 22, 2012 at 9:58 PM

Dontcha just love these lib liars trying to come up with a coherent statement on Bain.

Kissmygrits on May 22, 2012 at 9:30 PM

I can only imagine how Team Obama must be handling all this.

BruthaMan on May 22, 2012 at 9:59 PM

Bain exec Jonathan Lavine is co-owner of the Celtics and one of Obama’s biggest fundraisers.

It would be crazy for Patrick to demonize Bain under these circumstances.

juliesa on May 22, 2012 at 10:00 PM

Good point..But also the main thing is record over the last three years blows!!..:)

Dire Straits on May 22, 2012 at 9:45 PM

Didn’t Obama have that record sealed along with all his other records?

SWalker on May 22, 2012 at 10:13 PM

When your playbook has only two pages and two plays…

… well, let’s see what’s back on page one.

Seven Percent Solution on May 22, 2012 at 9:12 PM

…JugEars is Coach Red Beaulieu (Jerry Reid) in The movie “water boy” and Mittens is Coach Klein (Henry Winkler).
JugEars has that ‘notebook’ with all the numerous plays…but it seems Coach Klein is slowly taking the notebook away! Without it JugEars is dog meat!

KOOLAID2 on May 22, 2012 at 10:16 PM

It’s all he knows. But it looks like his campaign strategy is to stick his hand in a bucket and see what rabbit he pulls out and go with it…it’s like he signed up the McCain campaign team.

hillsoftx on May 22, 2012 at 9:58 PM

Does seem like they’re trying everything but the kitchen sink. (Coming soon to a theater near you: “The Republican War on Sinks.”) I think that’s why they started with, and keep returning to, the War on Women. No contradiction on that issue between appeals to the votes and appeals to the money. The only reason it isn’t working is because it fails to appeal to… women.

de rigueur on May 22, 2012 at 10:24 PM

Good point..But also the main thing is Obie’s record over the last three years blows!!..:)

Dire Straits on May 22, 2012 at 9:45 PM

And they lost on the “Yeah, but we don’t blow as bad as Bush” meme in 2010. So they really do have nothing now.

So Obama or someone close to him pushes something dear to the voters, gets hand slapped by the money, pulls back, advances all new, all vinyl, all revised position… and that’s why we’re getting this weird push-and-pull, back-and-forth play just within the Obama campaign. And why the Dems keep “pushing” a meme that everyone else recognizes has long since shot them in the foot, until the Dems finally get tired of gaining no traction and try out a new meme. Probably taking them a while to come up with new ones.

Lessee… horses! The Romneys ride horses!

de rigueur on May 22, 2012 at 10:34 PM

Brooks: The Obama campaign seems to be drifting willy-nilly…

So, is it safe to say that his man-crush with “The Crease®” is officially over?

pain train on May 22, 2012 at 10:34 PM

Bain is based in Boston. Deval is the governor of the state.

Do you really need any further explanation?

triple on May 22, 2012 at 11:46 PM

Glenn Beck & friends radio takedown yesterday of the Obamao administration on the whole Bain attacks, was EPIC, comprehensive, and HILARIOUS. I don’t see how the Bamster, his campaign, or their media lapdogs/fluffers emerge from this with a shred of public dignity intact. That audio should be required listening everywhere.

AttilaTheHun on May 23, 2012 at 5:40 AM

I would pity poor PBHO, if he weren’t so contemptible. All he has to go after Romney on, and deflect from his own catastrophic failure, is painting him as the evil rich, one-percent corporate raider. We know he has nothing else, because a look at the calendar shows that this is only May and he’s using this supposedly mortal weapon now.

And poof! PBHO’s big gun is a dud with even his best friends scurrying away from the smoking wreckage of the misfire.

MJBrutus on May 23, 2012 at 6:50 AM

triple on May 22, 2012 at 11:46 PM

So explain away Booker (NJ), Ford (TN) and Rendell (PA), to name just a few others.

MJBrutus on May 23, 2012 at 6:51 AM

Can we thank Newtypoo for starting this? At least it didn’t work then, and hopefully it will backfire now for the general.

AshleyTKing on May 22, 2012 at 9:25 PM

Actually, I think that the TX vulture got the ball rolling first. Like, Sisyphus it’s a futile, if entertaining, spectacle watching these fools trying to get that ball to the top of the hill.

MJBrutus on May 23, 2012 at 6:56 AM

obama has accepted over $92,000 from Bain Capital and its employees in his last two campaigns so he knows he is on thin ice with this story line.

deimos on May 23, 2012 at 6:58 AM

@Wordsmatter:
“Obama’s pants not looking so creasy nowadays.”

Indeed, but they are increasingly seen to be en fuego.

GrassMudHorsey on May 23, 2012 at 10:17 AM

This is weird, seeing all the Dems fall in line to take Bain off the table.

It actually looks like surrender!

cane_loader on May 23, 2012 at 3:53 PM

SO, it’s time to take stock (and Romney hasn’t even clinched the GOP nomination!):

What cards does Barry Soetoro have left to play against Romney?

Mormon card? Maybe…. but then Mitt can call him a Muslim.

Rich? Mitt can say he earned it, and ask Barry where his and Michelle’s money came from.

Bully? 0bama pushed a girl and humiliated her.

Dog? Barry’s people went real quiet on that one, didn’t they?

Against the American worker? Keystone.

All I see left for Barry is to start a war.

cane_loader on May 23, 2012 at 3:57 PM

I wanted Newt, thinking it would require a real fighter to take down an invincible 0bama, who would pull more and more wool over people’s eyes.

I didn’t count on the collapsing 0bama, with every campaign gambit blowing up in his face.

Now, a smooth, steady cat like Romney, just staying on message and watching the wheels fall off the 0bamaCart, looks like the right man to get the SOB gone.

WOuld I prefer Newt in there to really take a machete to the government? You betcha.

But a bird in the hand is worth two in the bush. I’d rather a slicker Romney just put an END to this national migraine, and then have to pressure him to stay conservative, than maybe have Newt get temperamental and 0bama get lucky and get inside his OODA loop and eke out a win.

cane_loader on May 23, 2012 at 4:04 PM