Obama Says Appropriate to Focus on Romney’s Bain Experience

[maddezmom]

Source: Bloomberg

July 13 (Bloomberg) -- President Barack Obama said that if Mitt Romney’s basic premise for his presidential candidacy is “I’m Mister Fix-It on the economy,” then he would scrutinize Romney’s record at the private-equity firm Bain Capital LLC.

“If you’re 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.” “It’s not to create jobs.”

“I think it’s 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 nominee’s 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]

1. Of course it is appropriate

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]

3. "Romney’s campaign charged Democrats with being dishonest." What a joke when Rmoney is one big LIE

[wordpix]

2. changing "Bain" name to "BainLLC" doesn't quite cut the umbilical cord & just what did the LLC do?

Create a shell company to invest offshore to avoid taxes, perchance?

[Scurrilous]

4. K & R

[Mz Pip]

5. It's far more relevant

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.