16 Jul

Obama: Can I have more Bain cash? [Reader Post]

                                       

For a guy who spends so much time badmouthing Bain, Obama sure loves him their outsourcing money.

Jonathan Lavine is a major Obama bundler. He is Bain, and he worked at Bain when all the alleged “outsourcing” and layoffs were taking place.

As noted at NRO, left wing whackos are holding Lavine responsible for what happened at Bain when Lavine was at Bain but they are holding Romney responsible for what happened when Romney was not running Bain.

Obama appointed Jeff Zients to be Deputy Director of OMB. He is a Bain alumnus.

Obama has no problem taking cash from Bain principals.

The same SEC form from February 2001 that lists Mitt Romney as “sole shareholder, sole director, Chief Executive Officer and President of Bain Capital … the controlling person of Bain Capital” also lists over a dozen other managing directors of Bain Capital, Inc. — all of whom were undoubtedly more active than Romney was during this period. And President Obama took money from many of them.

Take Joshua Bekenstein. Bekenstein has been a managing director of Bain Capital since 1986. In 2008, he signed Barack Obama a $4,600 check. In 2004, he gave a $50,000 donation to the Democratic National Committee. That’s outsourcing money, plain and simple. And Obama was happy to take it.

Or how about Stephen Pagliuca? Last year, he cut a $35,800 check to Barack Obama’s Victory Fund. Then he cut another $30,800 check to the DNC. And another $30,800 check to the DCCC. Jonathan Lavine and Mark Nunnelly have both maxed out to Obama already, as well as to the DNC. Lavin was a bundler for Obama, and raised over $100,000 for him. Michael Krupka gave Obama $4,600 in 2008.

I am thinking that Obama is a Kenyan word meaning “hypocrite.”

About DrJohn

DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education. DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed. Except for liberals being foolish.
This entry was posted in Barack Obama, Liberal Idiots, Mitt Romney, Obama Euphoric-Rapture Syndrome, Politics and tagged , , , , . Bookmark the permalink. Monday, July 16th, 2012 at 10:07 am
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21 Responses to Obama: Can I have more Bain cash? [Reader Post]

  1. Budvarakbar says: 1

    I swear if I ever hear another IDIOT say that the demoRAT party is the party of the “little guy” I will lose it. Then again maybe it is correct — little as in small minded.

    A good comment I ran across on another blog re arguing with lib’s: paraphrasing: It does no good to use sound logic when trying to communicate with an unsound mind.

    ReplyReply
  2. DrJohn
    the White House is not run like she is AMERICAN ANYMORE,
    maybe that is why JUDGE GINSBURG TOLD THE EGYPT TO FIND A CONSTITUTION
    FROM AFRICA,

    ReplyReply
  3. DrJohn says: 3

    @ilovebeeswarzone: Indeed, Bees.

    ReplyReply
  4. ThunderGod says: 4

    @Budvarakbar,

    More like the Party of the “Little Man.”

    As in: “Beware the Little Man.”

    ReplyReply
  5. Pingback: Obama: Can I have more Bain cash? [Reader Post] | Flopping Aces « AmeriKim Patriot

  6. gracie says: 5

    * For a guy who spends so much time badmouthing Bain, Obama….*

    I’ve never heard Obama badmouth Brain Capital. I’ve heard him badmouth Romney, though. I’m assuming they are two district entities.

    Can you link to video or transcripts where Obama trashes Brain as opposed to Romney?

    :-)

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  7. gracie says: 6

    For a guy who spends so much time badmouthing Bain, Obama …

    Funny, I don’t think I’ve heard Obama badmouth Bain Capital. Romney yes, Bain no. Do you have any links to videos or transcripts of Obama trashing Bain as opposed to Romney? How do I miss these things? :-)

    ReplyReply
  8. Mr. Irons says: 7

    Gracue highly recommend you look up who started Bain. Attacking a founder of a company is attacking the company. If you don’t like Bain then dont shop. A decent amount of mall retailers have Bain investments.

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  9. Frznagn says: 8

    He doesn’t mention Bain by name, but indirectly he disses the industry. I believe he’s used similar wordings that imply sleaziness. (predatory lending?)

    And you have Axelrod saying this: (http://www.businessweek.com/articles/2012-05-24/obamas-bogus-war-on-bain)
    Obama’s chief strategist, David Axelrod, who took to Twitter to declare: “Loading companies w debt, outsourcing jobs, offshoring accts, slashing wages & benefits & profiting off bankruptcies not experience US needs.”

    http://lybio.net/tag/barack-obama-weekly-explains-why-bain-capital-matters-quotes/

    Now, I think my view of private equity is that it is set up to maximize profits. And that’s a healthy part of the free market. That’s part of the role of a lot of business people. That’s not unique to private equity. And as I think my representatives have said repeatedly, and I will say today, I think there are folks who do good work in that area. And there are times where they identify the capacity for the economy to create new jobs or new industries, but understand that their priority is to maximize profits. And that’s not always going to be good for communities or businesses or workers….And when you’re President, as opposed to the head of a private equity firm, then your job is not simply to maximize profits.

    Maximing profits is part of any business, why is it all of a sudden an evil thing? Obama makes ‘profit’ sound like a dirty word. I recall in Economics that taking an unprofitable company and laying off workers and changing company practices and policies to return it to profitabilty is a good thing. Certainly much better than having the whole company go bankrupt. Better to prune a branch than let the whole tree die. Right?

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  10. gracie says: 9

    @Frznagn …Thanks for the links and comments. Very generous with your time.
    I think Obama will have trouble bashing Bain too head on because the company did both private equity and venture capital deals.
    Venture capital people understand and support. So Obama has to tread carefully.

    The private equity deals, though, I’m sure Team Obama will have fun with — all that debt leveraging, sometimes leading to bankruptcy, is something the public — for obvious reasons — will be snarling at.
    And don’t doubt for a second that some of the private equity deals will be used to raise questions about Romney’s character, morality, and humanity.

    ReplyReply
  11. gracie says: 10

    @Frznagn: Thanks for the links and comments. Very generous of your time!

    ReplyReply
  12. drjohn says: 11

    @gracie: Except for the private equity money Obama has taken.

    ReplyReply
  13. johngalt says: 12

    @drjohn:

    gracie is correct, though, Dr. J, when she says this;

    And don’t doubt for a second that some of the private equity deals will be used to raise questions about Romney’s character, morality, and humanity.

    It will happen, and because the Obama campaign has already shown the willingness to engage in sleazy campaign politics, the lies about Romney will likely be huge.

    ReplyReply
  14. drjohn says: 13

    @johngalt: I don’t doubt it, John, but the spotlight will be turned onto Obama’s private equity donors and emphasize his hypocrisy.

    ReplyReply
  15. gracie
    OBAMA WILL GET CAUGHT IN HIS LIES AND ATTACKS,
    WHEN THEY START DIGGING HIS OWN SCAMS,
    AND HE HAS A LOT TO BE DIGGING OUT.
    THE CONSERVATIVES ARE ALWAYS LATE TO ANSWER
    ON VICIOUS ATTACKS BY THE OPPONENTS.
    BUT THEY HAVE A LIMIT, AND ONE THING IS THEY HAVE TO GET OBAMA MAD, THEN THEY WILL SHOW HIM AS HE REALLY IS TO HIS CROWD. FOR THEM TO SEE THE BEAST WITHIN

    ReplyReply
  16. Frznagn says: 15

    If the best Obama can do is attack a person for running a business that is legal and makes a profit then he is grasping and desperate.

    ReplyReply
  17. Nan G says: 16

    Obama has always used surrogates to do his dirty work since becoming president.
    Remember when he floated the trail balloon of having US veterans pay for all of their own medical coverage?
    He used a surrogate.
    Remember when he wanted to save ObamaCare money by having women under 60 not covered for annual mammography?
    Again, Obama used a surrogate.
    Now Obama wants men to forego their prostate tests to save on ObamaCare’s bottom line (no, not a DEATH PANEL)
    so he used a surrogate.
    Of course Obama uses surrogates when he is attacking Bain.
    See Axelrod, see Cutter, Lis Smith, LaBolt, and many others.

    ReplyReply
  18. Nan G says: 17

    Obama is so into storytelling that he won’t call the stadium where the DNC is going to coronate him by its REAL name!
    The stadium is the BANK OF AMERICA stadium.
    Obama orders his DNC and peeps to call it ”panthers stadium.”
    http://www.politico.com/blogs/burns-haberman/2012/07/welcome-to-panthers-stadium-129146.html

    LOL!
    Narrative is everything.
    Apparently that speech Obama STOLE about it all being ”Words, Just Words,” was more true than anything else Obama has ever said.

    ReplyReply
  19. Pingback: Show Notes July 17th 2012

  20. MITT ROMNEY SHOULD TELL OBAMA TO PRODUCE HIS GENUINE BIRTH CERTIFICATE,
    IF HE WANT TO SEE HIS OWN OTHER TAX REPORT.

    ReplyReply
  21. Henry says: 19

    Thats a very interesting article about bain capital!

    ReplyReply

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