According to Salon’s Glenn Greenwald, a defense of “Bain Capital, Mitt Romney’s former firm,” and “the paragon of capitalist evil,” must be rooted entirely in corrupt self-interest. So there’s not even a smidgen of truth in Newark Mayor Cory Booker’s condemnation of the Obama campaign’s attacks on Bain? How about the other two prominent Democrats to defend Romney and his work? (Read on.)
“Booker went on Meet the Press and angered hordes of Democrats when he condemned the Obama campaign’s attacks on Bain as ‘nauseating,’ equating the anti-Bain messaging to the GOP’s sleazy use of Jeremiah Wright, and then demanding: ‘stop the attacks on private equity’ (in response to the backlash, Booker then released a hostage-like video recanting his criticisms and pledging his loyalty to President Obama).”
Without explaining the mechanism by which the private equity firm achieved this feat, Greenwald asserts further that the likes of Bain Capital are “destroying the middle class in order to enrich greedy vulture oligarchs.” AND, “We also all know that the Democratic Party is the defender of the middle class and the bold adversary of corporate pillaging.”
DITTO Deval Patrick. HuffPo uses the same “reasoning”—”a history of ethically questionable connections to financial firms”—to condemn the Massachusetts governor for his defense of the Republican presidential candidate Mitt Romney [05/31/2012] … during TV appearances.”
“The Democratic politician was supposed to be serving as a surrogate for President Barack Obama. Patrick, who has a history of ethically questionable connections to financial firms, applauded Boston-based Bain Capital, implicitly criticizing the Obama campaign’s attacks on Romney’s record at the private equity firm.”
Patrick is the second Obama surrogate with strong ties to the financial industry to defend Bain, following in the footsteps of Newark, N.J., Mayor Cory Booker, who ignited a week of outrage from Democratic Party strategists for describing the Obama campaign’s slams against Romney’s Bain work as “nauseating.”
AND THEN THERE WERE THREE. One other major Democrat has defended Romney and his job record. “This is good work.” “I don’t think we ought to get in a position where we say this is bad work,” said Bill Clinton.
The DC Decoder’s correspondent floats yet another crazy ad hominem: “Bill may be intentionally sabotaging President Obama in order to set Hillary up for a run in 2016,” which, to her credit, she doesn’t quite buy.
Others suggest the former president simply misspoke. But we don’t buy that either.
Here’s the thing: Clinton’s comments weren’t just “off message.” They were a declaration of war on the message. They underscore a fundamental split within the Democratic Party that’s less about Romney’s record at Bain than it is about whether the party as a whole is perceived as a friend or foe of Wall Street and the world of business and high finance.