President Obama is attacking Mitt Romney's job creation record when he headed a capital investment firm that turned failing companies and start-up businesses into success stories.
The economy created a disappointing 115,000 jobs in April, and the “official” unemployment rate “dropped” to 8.1 percent (from 8.3%) as a result of more Americans leaving the job market altogether.
That would have been a big story out of Illinois last week if only Mitt Romney had lost as big as he won.
Now that Mitt Romney is likely to be the Republican nominee, we can expect new attacks on his "vulture capitalism." That's how Rick Perry characterized his private equity work. Newt Gingrich's supporters ran an ad about Romney's firm, Bain Capital, that said, "Their greed was only matched by their willingness to do anything to make millions in profits."
How much does the public truly understand about the inner working of Bain Capital beyond the sound bites? Let me share my thoughts on the subject of Romney and Bain Capital, and why I think it’s a Rorschach test.
When his tenure at the investment firm Bain Capital became an issue in the race for the Republican presidential nomination, Mitt Romney responded by saying he "was disappointed ... to see one of my opponents attacking free enterprise, just like the president was."
DNC Chair Debbie Wasserman-Schultz visits Fox & Friends to discuss Mitt Romney, Bain Capital, jobs and the Keystone XL.
Mitt Romney has spent more than 20 years in private enterprise, making thousands of business decisions affecting hundreds of companies that led to more than 100,000 new jobs and billions of dollars for employees and investors. So you can see why the left despises him.
"Corporations are people, my friend," Mitt Romney declared in a testy back-and-forth with hecklers last summer in Iowa.
"They're vultures that are sitting out there on the tree limb, waiting for a company to get sick, and then they swoop in ... eat the carcass ... and ... leave the skeleton."
Some of you might have noticed that I like to do TV; which is to say I will go anywhere, anytime, to be on with anyone, on any TV outlet including "Bob's TV Network" (BTV) even if its is available only within the confines of his mother's house in Cleveland which includes Bob's combo basement/bedroom/TV studio.
Mitt Romney, fresh from victories in Iowa and New Hampshire, continues to attack President Obama and focus on how he has the business background to..."get America working again." But he can thank the <i>Wall Street Journal</i>, an angry Newt Gingrich, and opposition research for testing the mettle of the man early!
According to a new Pew Research Center survey, 66 percent of respondents agree that there are “very strong” or “strong” conflicts between rich and poor in America. This is up from 47 percent that agreed with this two years ago.
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