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Re: Obama Campaign Does Damage Control After Dems Question Anti-Bain Strategy 

By: clo in FFFT | Recommend this post (2)
Tue, 22 May 12 3:50 AM | 63 view(s)
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Msg. 42355 of 65535
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With surrogates like Booker who needs enemies....
The Obama people need to vet their surrogates!
Maybe Muffin should ask Cory if he wants to be VP...

Bain and Financial Industry Gave Over $565,000 To Newark Mayor Cory Booker For 2002 Campaign

By Josh Israel on May 21, 2012 at 6:13 pm

Yesterday, Newark, New Jersey Mayor Cory Booker (D) attacked the Obama campaign for making an issue of Mitt Romney’s tenure at Bain Capital during an appearance on Meet the Press. While the progressive leader later backed off the criticisms, Republicans have been quick to highlight his comments as an attack against the idea that scrutiny of Mitt Romney’s record as a businessman is fair game.

A ThinkProgress examination of New Jersey campaign finance records for Booker’s first run for Mayor — back in 2002 — suggests a possible reason for his unease with attacks on Bain Capital and venture capital. They were among his earliest and most generous backers.

Contributions to his 2002 campaign from venture capitalists, investors, and big Wall Street bankers brought him more than $115,000 for his 2002 campaign. Among those contributing to his campaign were John Connaughton ($2,000), Steve Pagliuca ($2,200), Jonathan Lavine ($1,000) — all of Bain Capital. While the forms are not totally clear, it appears the campaign raised less than $800,000 total, making this a significant percentage.

He and his slate also jointly raised funds for the “Booker Team for Newark” joint committee. They received more than $450,000 for the 2002 campaign from the sector — including a pair of $15,400 contributions from Bain Capital Managing Directors Joshua Bekenstein and Mark Nunnelly. It appears that for the initial campaign and runoff, the slate raised less than $4 million — again making this a sizable chunk.

In all — just in his first Mayoral run — Booker’s committees received more than $565,000 from the people he was defending. At least $36,000 of that came from folks at Romney’s old firm.

http://thinkprogress.org/election/2012/05/21/488002/bain-financial-industy-gave-over-565000-to-newark-mayor-cory-booker-for-2002-campaign/?mobile=nc




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The above is a reply to the following message:
Obama Campaign Does Damage Control After Dems Question Anti-Bain Strategy
By: Scarface
in FFFT
Tue, 22 May 12 2:57 AM
Msg. 42349 of 65535

Interesting and illuminating how Axelrod can claim to know Booker better than Booker knows himself when it comes to Booker being personally nauseated and very uncomfortable with Team Obama's Bain attack strategy, is it not? Looks like Axelrod is going to try to take Booker to the woodshed for his audacity to speak truth to power.

Al 

http://abcnews.go.com/blogs/politics/2012/05/obama-campaign-does-damage-control-after-dems-question-anti-bain-strategy/

The Obama campaign is in full damage-control mode one day after Newark Mayor Cory Booker publicly derided Democrats’ assault on presumptive GOP nominee Mitt Romney over his record at Bain Capital.

Chief Obama strategist David Axelrod today publicly rebuked Booker, a popular and high-profile surrogate for the campaign, saying he was “just wrong.”

“I love Cory Booker. He’s a great mayor. If I were, if my house was on fire, I’d hope he were my next door neighbor,” Axelrod said on MSNBC, referring to Booker’s rescue of a neighbor last month.

“I agree with what he said later. I think this was a legitimate area for discussion,” Axelrod said of Booker’s subsequent comments clarifying the issue.

As for the criticism that the Team Obama’s Bain attack is part of “nauseating” political discourse with which Booker has become “very uncomfortable,” Axelrod said, “on this particular instance he was just wrong.”

Booker is not the only Democrat to question the aggressive, negative portrayal of Romney’s work in private equity. Former Tennessee Rep. Harold Ford Jr. said today he agreed with “the substance” of Booker’s comments and “would not have backed out.”

“I agree with him, private equity is not a bad thing. Matter of fact, private equity is a good thing in many, many instances,” the Democrat said in a separate appearance on MSNBC earlier in the day.

Former Obama administration economic adviser Steven Rattner made similar comments last week, calling a new Obama campaign TV ad attacking Romney’s role in the bankruptcy of a Bain-owned steel company “unfair.”

“Bain Capital’s responsibility was not to create 100,000 jobs or some other number. It was to create profits for its investors,” Rattner said. ”‘It did it superbly well, acting within the rules, acting very responsibly. … This is part of capitalism, this is part of life. I don’t think there’s anything Bain Capital did that they need to be embarrassed about.”

Cont.


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