Friday, July 20, 2012

Romney said Ted Kennedy beat him by using Bain Capital against him. Obama using some of same Bain people Ted Kennedy used to defeat Romney

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7/17/12, "Romney’s Bain Pain Not His First," Craig Crawford.com

"Mitt has had nearly 20 years to figure out an effective answer to attacks on his days a leveraged buyout artist, so maybe there just isn’t one.

In 1994 Ted Kennedy’s campaign team fended off Romney’s surprisingly strong challenge for his senate seat by intensely focusing on Bain Capital, even featuring some of the same laid-off workers that the Obama campaign is using in ads.

After that race Romney told the Boston Globe the Bain theme cost him the race:

It left in the minds of voters I was a bad guy, a corporate downsizer and raider, and I should have responded more vehemently. I am a big boy and I know how politics is played. But I thought it would play more to the facts.”"...(video at link) via Free Republic

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Ed. note: Romney could ask every day why Obama hasn't returned all the money Bain employees have contributed to him. After that, he could ask every day when Obama is going to return all the other hedge fund and private equity money that's been lavished on him. But Romney is like McCain meaning he doesn't want to win.

5/25/12, "CNN Examines Obama's Donations From Bain Employees – But How Much Have They Actually Reported on It?" NewBusters, Matt Hadro

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5/22/12, Bain still loves Obama, thinks his re-election would be good for hedge funds in spite of his attacks on them, have given his 2012 campaign $152,000 so far.

5/22/12, "President Obama raised most from private equity, hedge funds in 2008," The Hill, J. Easley

"President Obama raised far more cash from hedge fund and private equity donors than any other candidate in the 2008 election cycle.

According to an analysis by the nonprofit group Open Secrets, Obama took in nearly $3.5 million from large private-equity donors that year — nearly twice what his general-election rival, Sen. John McCain (R-Ariz.), pocketed.

The data bring into focus the thin line Obama must walk in attacking presumptive GOP presidential nominee Mitt Romney’s background in the industry, which has sparked criticism from allies including Newark, N.J., Mayor Cory Booker."...


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