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Ichingcarpenter

(36,988 posts)
Fri Jun 1, 2012, 06:20 AM Jun 2012

Bill Clinton goes off message: Calls Romney's Bain Career 'Sterling'

Bill Clinton became the most prominent Democrat to go off message and disavow President Obama's strategy of attacking Mitt Romney's work at Bain Capital. "I don't think we ought to get into the position where we say, 'this is bad work,'" said Clinton. "This is good work.'"

Clinton told guest host Harvey Weinstein that Romney "had a sterling business career," and gave a lengthy defense of his work at the firm:


"If you go in and you try to save a failing company, and you and I have friends here who invest in companies, you can invest in a company, run up the debt, loot it, sell all the assets, and force all the people to lose their retirement and fire them. Or you can go into a company, have cutbacks, try to make it more productive with the purpose of saving it. And when you try, like anything else you try, you don't always succeed."

http://nymag.com/daily/intel/2012/06/clinton-calls-romneys-bain-career-sterling.html?mid=rss



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Bill Clinton goes off message: Calls Romney's Bain Career 'Sterling' (Original Post) Ichingcarpenter Jun 2012 OP
damn it why the hell does he have to be everybody's friend? CreekDog Jun 2012 #1
Mitt could use the Clinton endorsement in one of his adds. Ichingcarpenter Jun 2012 #2
Because. sendero Jun 2012 #3
yup, you got it right,. Civilization2 Jun 2012 #27
People like to say that Reagan.. sendero Jun 2012 #30
"Sterling"...who the hell even uses that word BeyondGeography Jun 2012 #4
Morning Joe just played the clip Ichingcarpenter Jun 2012 #5
Bill seems to have confused "private equity" with "venture capital"? kentuck Jun 2012 #6
No surprise really. The Clinton administration was a great friend to predatory capitalism. marmar Jun 2012 #7
+ 10000 HughBeaumont Jun 2012 #25
Does RMoney *really* want an endorsement from Bill Clinton justiceischeap Jun 2012 #8
Only when it serves their purpose... kentuck Jun 2012 #9
That's how I see it, too. GoCubsGo Jun 2012 #21
"having Clinton defend his record".... 4_TN_TITANS Jun 2012 #23
I suppose that's true--you're not going to see many teabagger posters saying Arkana Jun 2012 #28
NAFTA BILL Angry Dragon Jun 2012 #10
+1 bahrbearian Jun 2012 #32
This might be strategy loyalsister Jun 2012 #11
Nonsense. /eom GeorgeGist Jun 2012 #15
Get Bill some more porn stars Hawkowl Jun 2012 #12
There''s no reason to think Bill Clinton cares much about continuing the Obama administration enough Jun 2012 #13
Face it folks boomerbust Jun 2012 #14
The Corporate Media Gets More Red Meat... KharmaTrain Jun 2012 #16
Sigh deutsey Jun 2012 #17
For the n'th time: many of these companies were not "failing"... JHB Jun 2012 #18
Is this the guy that signed NAFTA and began the process of sending American jobs elsewhere? AnotherMcIntosh Jun 2012 #19
Doesn't surprise this FDR Democrat.. 99Forever Jun 2012 #20
... if Big Dog likes him, the Winguts heads will explode. Myrina Jun 2012 #22
DLC Bill doesn't surprise me SHRED Jun 2012 #24
Son of a bitch, Bill...really? Arkana Jun 2012 #26
The argument is that Mitt's work at Bain doesn't qualify him to be POTUS siligut Jun 2012 #29
well it meets the 'threshold' Bluerthanblue Jun 2012 #43
The governor aspect does work, but Mitt was a poor governor siligut Jun 2012 #48
I've said it and I'll say it again: Why Democrats trust Bill "DLC" Clinton is simply beyond me! Liberal_Stalwart71 Jun 2012 #31
Jesus Christ Almighty, first the jobs report and now this--Obama is in for a bad few days, friends. WI_DEM Jun 2012 #33
Yep, the numbers are going to get ugly until something good happens. DCBob Jun 2012 #51
Bill's out-of-touch with his working class roots. shcrane71 Jun 2012 #34
Bill showing himself to be the DLC scumbag he is. Odin2005 Jun 2012 #35
A reminder: BC was the "pro-business" governor of a "right to work" state... JHB Jun 2012 #36
That's interesting what you say... KoKo Jun 2012 #38
Enemy or friend? ananda Jun 2012 #37
Isn't Bill Clinton a pragmatic moderate centrist? Fumesucker Jun 2012 #39
well, remember, when a PMC does something wrong, it's always the fault of the American people MisterP Jun 2012 #53
Gee, I wonder if he's going to Wisconsin to *help* Walker? Thanks President NAFTA. myrna minx Jun 2012 #40
Big Dawg is simply reminding Obama of his relevance. hamsterjill Jun 2012 #41
it keeps the story alive so we can hammer Romney with it all again KurtNYC Jun 2012 #42
I hope you're right and this is just strategy. PragmaticLiberal Jun 2012 #46
I don't think it was strategy but I also don't think it damages the case KurtNYC Jun 2012 #47
Romney did not save failing companies - he gutted their assets and profited handsomely from them. Initech Jun 2012 #44
Perhaps President Clinton mispoke.... PragmaticLiberal Jun 2012 #45
The Clinton's work for their own self interest Life Long Dem Jun 2012 #49
The day they both retire will be a good day. n/t EFerrari Jun 2012 #56
There was a typo in his speech... malthaussen Jun 2012 #50
Man, I think that could be the election right there aint_no_life_nowhere Jun 2012 #52
Just like he did to John Kerry DonCoquixote Jun 2012 #54
Who doesn't fund Salvadoran death squads, anyway? No big deal. n/t EFerrari Jun 2012 #55
LOL WOW JUST WOW Thrill Jun 2012 #57

Ichingcarpenter

(36,988 posts)
2. Mitt could use the Clinton endorsement in one of his adds.
Fri Jun 1, 2012, 06:47 AM
Jun 2012

That defends his time at Bain.

Why give them ammo?

sendero

(28,552 posts)
3. Because.
Fri Jun 1, 2012, 06:53 AM
Jun 2012

... all politicians are on the side of big money, Clinton, Romney, Obama, you name 'em. ALL OF THEM.

 

Civilization2

(649 posts)
27. yup, you got it right,.
Fri Jun 1, 2012, 08:44 AM
Jun 2012

bill more than most, he sucks up to the old Bush I as well,. being a power-whore is non-partisan condition, and bill is one through and though,. pro-bankster 1%, recall he is the guy who removed regulations on the banks that led to 2008.

sendero

(28,552 posts)
30. People like to say that Reagan..
Fri Jun 1, 2012, 08:49 AM
Jun 2012

.. ushered in the decline of the middle class. But it was Clinton who opened the one-way trade floodgate with China and it was Clinton that signed the DISASTROUS legislation (Commodity Futures Modernization Act, and others) that turned the banksters loose.

I liked Clinton and he did do a lot of good things, but he certainly was ready willing and able to end welfare as we know it and implement lots of the Reps agenda, and seemed to have the same problem Obama has, always trying to please the Republicans but never succeeding.

kentuck

(111,111 posts)
6. Bill seems to have confused "private equity" with "venture capital"?
Fri Jun 1, 2012, 07:16 AM
Jun 2012

Mitt Romney was mostly a "private equity" guy. When Bain Capital got involved with "venture capital", they usually got involved with 5 or 6 other firms, as they did with Staples. They were not in a position to ruin the company all by themselves, and get away with the loot.

HughBeaumont

(24,461 posts)
25. + 10000
Fri Jun 1, 2012, 08:41 AM
Jun 2012

Fuck "Third Way" appeaser Dems. Clinton ushered in the game-set-match era of "no economic choice" among Democratic presidential candidates, leading to two Milton Friedman parties only divided by social issues.

Which, when it comes down to what matters for your wallet, is nothing to go on.

justiceischeap

(14,040 posts)
8. Does RMoney *really* want an endorsement from Bill Clinton
Fri Jun 1, 2012, 07:31 AM
Jun 2012

the 2nd most hated Dem President? He already has problems with the Repub base and having Clinton defend his record isn't going to sit well with them, IMO, anyway.

kentuck

(111,111 posts)
9. Only when it serves their purpose...
Fri Jun 1, 2012, 07:32 AM
Jun 2012

like it did with Corey Booker. Yes, they will use Bill Clinton in the same way.

GoCubsGo

(32,103 posts)
21. That's how I see it, too.
Fri Jun 1, 2012, 08:23 AM
Jun 2012

He's just giving the teabagger wing, who already don't like Romney, yet another reason to stay home in November. However, I think that his repeating the misleading "He saved businesses." meme deserves a huge facepalm.

4_TN_TITANS

(2,977 posts)
23. "having Clinton defend his record"....
Fri Jun 1, 2012, 08:31 AM
Jun 2012

Could this not be part of the plan to sour conservatives from voting? I can't think of a better way to turn off the older Clenisphobic crowd...

Arkana

(24,347 posts)
28. I suppose that's true--you're not going to see many teabagger posters saying
Fri Jun 1, 2012, 08:45 AM
Jun 2012

"I stand with Bill Clinton".

loyalsister

(13,390 posts)
11. This might be strategy
Fri Jun 1, 2012, 07:44 AM
Jun 2012

It raises expectations for his term as governor and discredits his justification for his candidacy.

They have started the narrative about business experience not translating to a successful presidency. If his formula works, he should have been a "stellar" governor, too.

enough

(13,273 posts)
13. There''s no reason to think Bill Clinton cares much about continuing the Obama administration
Fri Jun 1, 2012, 07:47 AM
Jun 2012

for 4 more years.

KharmaTrain

(31,706 posts)
16. The Corporate Media Gets More Red Meat...
Fri Jun 1, 2012, 07:59 AM
Jun 2012

Remember, Bain owns media...either directly (Cheap Channel...the largest purveyor of hate radio in the world) or through spreading a lot of green around. The other day we learned that the billionaire SuperPacs will spend over $1 BILLION dollars...a lion's share going to the large media corporates (including Bain). With all that green comes the allegiance of the stenographers who will paint any story about President Obama in as negative a light as posible and prop up Rmoney.

The truth is Bain is Rmoney's achillies heel...something people are and do glam onto once they understand the Bain "business model". Bill Clinton doesn't know someone who was laid off by a vulture capitalist but millions of Americans do. Bill does know what they like for dinner...and that's the disconnect.

The more contentious the election, the more money the right wing will throw at the corporates...

JHB

(37,166 posts)
18. For the n'th time: many of these companies were not "failing"...
Fri Jun 1, 2012, 08:08 AM
Jun 2012

...they simply weren't "profitable enough" by Wall Street wheeler-dealer standards, and had assets that could be converted into cash to pay off the new management and its investors.


Myrina

(12,296 posts)
22. ... if Big Dog likes him, the Winguts heads will explode.
Fri Jun 1, 2012, 08:23 AM
Jun 2012

Because we all know The Clenis is Satan personified, in their minds.

Arkana

(24,347 posts)
26. Son of a bitch, Bill...really?
Fri Jun 1, 2012, 08:42 AM
Jun 2012

It's one thing for a low-level subordinate to sound like an idiot, but now Romney gets to have the Bill Clinton stamp of approval!

siligut

(12,272 posts)
29. The argument is that Mitt's work at Bain doesn't qualify him to be POTUS
Fri Jun 1, 2012, 08:48 AM
Jun 2012

Being a sterling fox doesn't make that fox a good guard for the hen-house.

Bluerthanblue

(13,669 posts)
43. well it meets the 'threshold'
Fri Jun 1, 2012, 12:04 PM
Jun 2012

for the office in his opinion.

Pres. Clinton said :"... getting up and going to the office and, you know, basically performing the essential functions of the office, the man who has been governor and had a sterling business career crosses the qualification threshold."



siligut

(12,272 posts)
48. The governor aspect does work, but Mitt was a poor governor
Fri Jun 1, 2012, 12:55 PM
Jun 2012

OK, now I wonder what is going on and where Clinton is coming from. I won't rule out brainwashing in this case.

WI_DEM

(33,497 posts)
33. Jesus Christ Almighty, first the jobs report and now this--Obama is in for a bad few days, friends.
Fri Jun 1, 2012, 09:27 AM
Jun 2012

He really needs to go on the attack against Romney.

DCBob

(24,689 posts)
51. Yep, the numbers are going to get ugly until something good happens.
Fri Jun 1, 2012, 01:28 PM
Jun 2012

Maybe Bill is just getting a bit senile. I hope thats the reason.

JHB

(37,166 posts)
36. A reminder: BC was the "pro-business" governor of a "right to work" state...
Fri Jun 1, 2012, 10:23 AM
Jun 2012

...and in 1992 he was arguably the most conservative of the Democratic primary contenders. At very least, he was the one most on-board with Reaganite trickle-down economics.

Hell, that was part of the reason why the Bush team and conservatives launched the whole "draft-dodgin' dope-smokin' renounced-his-citizenship-when-visiting-the-USSR and OMG that stay-at-home-mom-hating monster Hillary" attacks: the old playbook they used against Carter, Mondale, and Dukakis would just fall flat. So they inflated everything they could and made up still more. And ironically, those attacks prompted far too many liberal Democrats to view him as "one of us" and not hold his feet to the fire about a whole raft of radical policies that are now labeled "centrist".

Bill Clinton is a hellava politician, and that's not necessarily a bad thing. But never mistake him for something he's not just because circumstances put us on the same side.

KoKo

(84,711 posts)
38. That's interesting what you say...
Fri Jun 1, 2012, 10:56 AM
Jun 2012

One thing we should have learned about the Repugs ,Corporatists, RW Repug and MIC fanatics.... Always look carefully when they make a huge fuss about something. There's always something different going on that they are trying to cover up. We are often pointed in the opposite direction by the Mainstream Corporate Media than where we should be looking for the real information.

And many of us Dems got so caught up in defending Clinton because the RW'ers were so crazy and agressive in going after both Clintons that we weren't really noticing what was going on behind the scenes. We got NAFTA at the beginning but it was followed with Vince Foster and wild stories about Hillary...then in second term crazy Newt along with "Monica Gate Witch Hunt" and then we got the "Welfare Reform Act, Commodities Futures Reform Act and repeal of Glass-Steagall.

I've never understood how the Clintons put up with all of that plus the Starr Investigation and seem to have not had it make them work harder to push reforms. Instead they've both done very well and not suffered psychic damage from any of it.

Fumesucker

(45,851 posts)
39. Isn't Bill Clinton a pragmatic moderate centrist?
Fri Jun 1, 2012, 11:01 AM
Jun 2012

Why blame him for acting like exactly what he is and has always been?

I swear I think Big Dog's red blood cells are triangular..



MisterP

(23,730 posts)
53. well, remember, when a PMC does something wrong, it's always the fault of the American people
Fri Jun 1, 2012, 03:19 PM
Jun 2012

either they didn't pressure them enough, or they didn't vote in 80 FDR Democrats--an argument that becomes even funnier when those same PMCs repeatedly torpedo the campaigns of the people they blame the voters for not electing (Romanoff, Halter, Sestak, Winograd, Lamont, etc., etc. come to mind...)

myrna minx

(22,772 posts)
40. Gee, I wonder if he's going to Wisconsin to *help* Walker? Thanks President NAFTA.
Fri Jun 1, 2012, 11:21 AM
Jun 2012
I guess he's just a sensible and pragmatic man.

hamsterjill

(15,225 posts)
41. Big Dawg is simply reminding Obama of his relevance.
Fri Jun 1, 2012, 11:47 AM
Jun 2012

I think the vast majority of people involved in politics have humongous egos. Bill, who generally I like very much, has a massive one. I think he was merely reminding Obama that he (Clinton) is still relevant.

While I don't like the game playing and would have preferred that Big Dawg NOT do this, it does not surprise me that he did it.

KurtNYC

(14,549 posts)
42. it keeps the story alive so we can hammer Romney with it all again
Fri Jun 1, 2012, 11:53 AM
Jun 2012

And to the RWers, this praise from Bill Clinton will only make them more wary of Señor Romney.

KurtNYC

(14,549 posts)
47. I don't think it was strategy but I also don't think it damages the case
Fri Jun 1, 2012, 12:47 PM
Jun 2012

against Romney at all.

Clinton once said "Every time they attack you it gives you a chance to get your message out" but this doesn't fit with that kind of thinking because the inverse is not true (eg. that if "they" seem to agree with you you can't get your own version out&quot .

Initech

(100,159 posts)
44. Romney did not save failing companies - he gutted their assets and profited handsomely from them.
Fri Jun 1, 2012, 12:09 PM
Jun 2012

Get it right!!

PragmaticLiberal

(904 posts)
45. Perhaps President Clinton mispoke....
Fri Jun 1, 2012, 12:18 PM
Jun 2012

but given his track record of statements dating back to the 2008 primaries, I'm not so sure.

 

Life Long Dem

(8,582 posts)
49. The Clinton's work for their own self interest
Fri Jun 1, 2012, 01:06 PM
Jun 2012

I've said this so many times about Hillary and her ties to India offshoring. They are both fake.

aint_no_life_nowhere

(21,925 posts)
52. Man, I think that could be the election right there
Fri Jun 1, 2012, 01:36 PM
Jun 2012

Bill Clinton is a household name. Cory Booker isn't. Romney's ENTIRE campaign hinges on his claim that he's a competent and ethical businessman who knows how to fix the economy. Calling Romney "sterling" in this regard is as bad as Clinton simply telling the American public "vote for the other guy". How could you interpret this statement by Clinton as anything else than an endorsement of Romney for President? Time will tell, but you can bet the other side will feature these words prominently in their campaign. I think the negative impact of what Clinton did will be vast. What I wonder now is why. Even if Clinton really believes this, why voice it? Why not just remain silent? Clinton is very calculating and isn't prone to Joe Biden's foot-in-mouth-itis.

DonCoquixote

(13,616 posts)
54. Just like he did to John Kerry
Fri Jun 1, 2012, 03:54 PM
Jun 2012

He has hopes of underming whoever is in Hillary's way to the Oval Office, so he can finalize the compromises he wanted to do before the cigar scandal made him turn left.

Thrill

(19,178 posts)
57. LOL WOW JUST WOW
Fri Jun 1, 2012, 04:11 PM
Jun 2012

Thats all I can say. I really can't stand Democrats sometimes. They really have no clue how to win the PR battle in Politics.

This is one fucking stupid thing to say. This fool has basically gave the media even more help defending Mittens. Damn Shame

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