Obama Says Appropriate to Focus on Romney’s Bain Experience
Source: Bloomberg
July 13 (Bloomberg) -- President Barack Obama said that if Mitt Romneys basic premise for his presidential candidacy is Im Mister Fix-It on the economy, then he would scrutinize Romneys record at the private-equity firm Bain Capital LLC.
If youre the head of a large private equity firm, or hedge fund, your job is to make money, Obama said in an interview that aired today on CBS This Morning. Its not to create jobs.
I think its entirely appropriate to look at the record and see whether, in fact, his focus was creating jobs and he successfully did that, Obama said when asked by host Charlie Rose about the presumptive Republican nominees work at Bain. And when you look at the record, there are questions there that have to be asked.
Romney is named as one of two managing members of Bain Capital Investors LLC in annual reports filed in Massachusetts as late as 2002, adding a new corporate entity to a growing number of Bain-related investments and funds that list the Republican presidential candidate as controlling the company three years after he said he left it.
Read more: http://www.sfgate.com/business/bloomberg/article/Obama-Says-Appropriate-to-Focus-on-Romney-s-3704826.php
Kalidurga
(14,177 posts)It is appropriate to focus on Bain cause Mitt Robme opened up that can of worms all by himself when he brags about his days at Bain.
wordpix
(18,652 posts)wordpix
(18,652 posts)Create a shell company to invest offshore to avoid taxes, perchance?
Scurrilous
(38,687 posts)Mz Pip
(27,454 posts)that some of the bullshit that rwers want to focus on about Obama, like who paid for his education, the validity of his birth certificate, his time as a community organizer.
Mitt will say anything to get elected and now it looks like that may include outright lying.
Yeah, it's appropriate.