Obama stands by attacks on Romney's Bain Capital past
Good or bad campaign strategy for the president?
- Duration 7:02
- Date May 22, 2012
Good or bad campaign strategy for the president?
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Still get a lot of attention today President Obama standing by his latest attack on governor Romney's work as CEO.
A private equity firm Bain Capital he's arguing that Romney's business career does not qualify him for the White House listen.
My opponent governor Romney his name calling card for why he thinks he should be president.
Is is dozens experts.
He's not going -- they're touting his experience in Massachusetts.
He's saying I'm business -- I'm not fix -- and this is his business.
And when your president as opposed to the head of a private -- reform firm.
-- -- -- your job is not simply to maximize profits.
Your job is to figure out how everybody in the country.
Has a fair shot.
Is that what the status.
Is out it's about not creating jobs but making -- that everybody's got a fair shot.
-- a question for the American people -- 2012.
And -- -- he joins me now she's former communications director for senator Jon Corzine and Fox News contributor.
And under -- house's daily news comments.
And co host of the five ladies welcome good to have you both here this morning name it is Alice about the with the way that he that he is encapsulated in this race.
Not exactly and I laugh because he -- Mitt Romney for that being his only calling card -- what was president Obama's community organizer a lawyer who never took a case to trial.
And I would argue that Mitt Romney has a much better business backing but if you look at what both of these men have done.
In the -- careers to create jobs.
Ron has a much better story to tell and I wish she would be a little more on apologetic about going out and offensively hitting back on the president.
Mark that the president has been his own venture capitalist with green energy projects and bailouts he -- lost 100 billion dollars.
Of our taxpayer money so.
I think it's gonna be a very hard -- -- -- this is gonna be that tackling of the president to somehow assume that people are going to get angrier about what the president does -- our money.
Vs what Mitt Romney -- and with his own.
There's an argument to be made and -- can go to that's.
That day in terms of investing people's money for the investors perhaps the investor is the United States of America.
And if people want to see that kind of act forty going to this country.
And create jobs and build companies do that kind of thing and -- you say that you've known Cory Booker for many years and you think that he was he was wrong to support.
Private equity in that well nano I think we'll Cory Booker dead and I think -- Cory Booker was wrong was essentially to go out there and equate the fact that attacks -- Bain which are legitimate purely because this is something that Mitt -- made a centerpiece of his campaign don't forget.
It's not like Mitt Romney hasn't been talking about his record of being all these years so -- you know obviously it's a legitimate issue -- Cory Booker essentially did.
Was equate those attacks with comparing attacks and Jeremiah Wright.
With Barack Obama which I think one has nothing to do with the other.
Obama is not -- Jeremiah Wright a centerpiece of his campaign.
Cory Booker has equated that essentially -- Iran has made being a centerpiece of his outlook.
If Mitt Romney was to go out there and talked about all the companies that he's put -- bailed out.
All the companies that he's created jobs where you know I think even his Republican opponents in the primaries conceded that actually his record of being was incredibly saturated.
You want to talk about the -- that he created for the partners have been but not so much for the company's that he actually you know was involved in.
Then that's very fair game for Obama -- well -- -- him Iran is made a centerpiece of his campaign.
So I think that's where Cory Booker went wrong people Corey Booker did was essentially appealed to.
His own donor faceless he's raised a lot of money from -- could have known melodic.
-- mother Julie it's not just Corey Butler it Harold Ford junior it's the parent you are dark and number eight and a -- really can't read and hold on at least.
Speak the reason why Cory Booker -- mountain said Reverend Wright attacks and attacks on being capital.
We're batted because -- that they're both not creating this isn't good baseless charge about being cap capital and it's laughable -- think that somehow the president is going to win an election.
Going after capital as -- and he's doing he's my iPad by himself well not getting any -- -- out there.
I would poisoning I -- it.
No actually if you if -- followed their -- -- and you're well aware of that has yet his very strong relationship.
-- with corporate entities in Newark he's worked really closely with private sector growth that it took you know.
Help the public side in Newark and and that's businesses and he doesn't want to burn the folks that have.
Helped him to rebuild our -- in a very -- -- let let let let's let me I don't Alan intensified about Cory Booker but let's not forget Cory Booker has got NC humongous battle with -- Vander -- Who build the doubles arena and you are so let's not say he's been working very closely with a private sector.
I will say to go back -- his -- look -- Virginia it's a bad parent with a -- is that none I don't know excuse -- he's been fighting with a private sector quite the opposite he had a huge blow out of ten standard be that it ever okay so it actually means it in but let me let me go back listening Andrea sorry Harold Harold Ford junior has been a spokesman for Wall Street.
He's been -- he's he's an executive at a major Wall Street laugh at me to -- an investment bank.
Look let's say the Harold Ford junior represents the views of the average American.
We're out on bail out Wall Street I don't know how -- President Bush bailed out Wall Street you forget -- -- -- -- -- second half of the bailout however have -- that point I had it yes there's an interesting piece in the Atlantic.
Which raises a question.
And I think other folks looked at this statement by Cory Booker and thought she that's that's what Barack Obama used to sound -- I'm very sort of refreshing politician who wasn't held to the -- -- you know either side.
In a way that that felt like you know old inside politics and here's the quote.
From the Atlantic app from a writer there.
Gramm as his last name he says -- -- comments don't just make it hard for Obama to attack -- on being in.
They offer an uncomfortable reminder of how -- used to see the president.
Interesting to -- -- think about that well I don't agree immunize look at it there's a profound difference in how Obama approached the being debate -- how Cory Booker approach to being debate.
And I think difference is this Obama believes as -- lie that is Mitt Romney's gonna make -- capital the centerpiece of his campaign it is a legitimate issue for discussion.
Cory Booker doesn't believe that -- of Cory Booker doesn't believe that that's fine.
But at the same time Cory Booker is not setting the policy for -- this campaign is run he backtracked on his comments yesterday on another station.
And the bottom line is that I think he's acknowledged that what he said was not something that reflected either his views.
Where the views of Obama and it's really easy having the president's absolutely right when he says that it does go to the core of what this whole campaign is about and the argument.
With both sides and how --