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Nice: Democrats Defend Bain in New Romney Ad

element187 Wrote: May 21, 2012 10:27 PM
It's pretty simple... They buy up failing companies that they feel they have a reasonable chance of bringing it to profitability.... Since these companies are on the verge of closing its doors, Bain buys them foray a discount.... They bring in consultants and cut the fat, make the companies leaner and more efficient... Once they are back to profitability, they resell the company to the highest bidder (at a profit of course) Now if they bet wrong and the company still goes south even with their best efforts they salvage as much as the assets as possible to cover as much of the losses as they can... As long as they are successful more than unsuccessful to cover the losses.

Let's face it: This spot became 100 percent inevitable the moment Cory Booker opened his mouth on Meet the Press, but its still nice to see the alacrity and skill with which Team Romney executed.  Behold, the official 'Democrats dissent from Obama's stupid anti-Bain demagoguery' campaign ad:

David Axelrod has slapped back at Booker, who hastily cut a hostage...