Karl Rove in the May 2 WSJ: "The auto bailout makes Bain Capital look like an amateur on job losses and outsourcing."
"To reporters at Bloomberg Businessweek, Obama senior campaign adviser David Axelrod recently ripped Mr. Romney for "leveraging companies with debt, bankrupting companies and making money off of those bankruptcies . . . [that] cost jobs and certainly wages and benefits."
Not only does our economy not stand a chance under this administration's policies and ignorance of how business works, business people themselves are barely tolerated by this president.
"To reporters at Bloomberg Businessweek, Obama senior campaign adviser David Axelrod recently ripped Mr. Romney for "leveraging companies with debt, bankrupting companies and making money off of those bankruptcies . . . [that] cost jobs and certainly wages and benefits."
"And an Obama campaign briefing paper says "Romney closed over a thousand plants, stores and offices . . . cut employee wages, benefits and pensions . . . laid off American workers and outsourced their jobs to other countries."
"The president is guilty of the same alleged sins."
"The Obama administration, after all, forced General Motors and Chrysler into Chapter 11 bankruptcy in 2009 and then capriciously ordered thousands of local dealerships closed." (Emphasis added)
....
"The president wanted the auto industry to survive, but he also wanted to reward political allies—so he gave 20% of General Motors and 55% of Chrysler to the United Auto Workers union. He stood by as the UAW forced the closure of a plant in Moraine, Ohio, where workers had joined a rival union." Hat tip to Alan Caruba
PJ Media: How About We Compare the Investment Records of Bain Capital and the Obama Administration? "Unbelievably, the Obama campaign seems to want to have a debate about which of the two candidates is more qualified to run the world’s largest economy. Writing earlier this year I considered where the campaign seems hell-bent on going. This is a debate that can prove only disastrous for the forces of O."
"Frank VanderSloot grew up a poor kid in rural Idaho. His father made $300 a month. His clothes came from the Salvation Army. Yet through determination and hard work—and with the help of America’s free-enterprise system—today he’s the successful CEO of a global supplier of wellness products.
"VanderSloot’s rags-to-riches story is not unlike other American tales of individuals who have benefited from the free market. In VanderSloot’s case, however, that success came with a price—but only when he decided a write a check to a super PAC that supports Mitt Romney."
“The whole free-enterprise system has been so good to me and my family, I want to protect that,” he said. “I now see that system under attack.”
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