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Current Events & Hot Topics Current Events & Hot Topics

Obama Took Cash From Bain Outsourcing Execs

Posted by on Jul. 14, 2012 at 7:18 AM
  • 16 Replies
1 mom liked this

Barack Obama’s campaign has been quick to rip Mitt Romney for his association with Bain Capital, which outsourced certain jobs during restructuring of companies. There’s only one problem: many of the very executives who were running Bain Capital during the 1999-2002 period now under media scrutiny donated to Obama’s presidential campaign. And Obama was more than happy to cash the checks.

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.

As we’ve seen, the leftist media thinks it’s a disaster if a private citizen, Mitt Romney, made money from an investment company that outsourced jobs to save companies. But the leftist media seems perfectly comfortable with Barack Obama cashing checks from the executives who actually made the decisions to outsource.

The truth is that there’s nothing wrong with a private company outsourcing. Democrats know it. Republicans know it. Everybody knows it. But the Obama campaign is hypocritically pointing to Romney’s pocketbook while zealously guarding its own. Apparently, it's fine to outsource so long as the name on the contribution check reads "Barack Obama."

source

by on Jul. 14, 2012 at 7:18 AM
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Replies (1-10):
shannonnigans
by Platinum Member on Jul. 14, 2012 at 9:50 AM
1 mom liked this
And you've misinterpreted this how?
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lga1965
by on Jul. 14, 2012 at 11:06 AM
4 moms liked this

 Breitbart's site? Do you expect us to take that seriously? They lie . And so what---maybe if some of the details make some kind of sense ( ? ), then we can conclude that both Romney and Obama  were both involved in some remote ways with Bain?  Ahhhhh, so?

Just.... please..... don't throw us the Breitbart $hit anymore ok?

                                                      

_Kissy_
by on Jul. 14, 2012 at 12:02 PM
5 moms liked this
Obama has no control of who donates to his campaign.

Just like Romney profiting off abortions.
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candlegal
by Judy on Jul. 14, 2012 at 12:15 PM
2 moms liked this

I will quit with my sites when the liberals stop using their oh so biased sites

Quoting lga1965:

 Breitbart's site? Do you expect us to take that seriously? They lie . And so what---maybe if some of the details make some kind of sense ( ? ), then we can conclude that both Romney and Obama  were both involved in some remote ways with Bain?  Ahhhhh, so?

Just.... please..... don't throw us the Breitbart $hit anymore ok?


Donna6503
by Platinum Member on Jul. 14, 2012 at 12:36 PM
4 moms liked this
Candle, there is a difference in accepting money from someone who works at a Bain than from receiving money from Bain because of the work being preformed at the place.
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joyfree
by Silver Member on Jul. 14, 2012 at 3:32 PM
1 mom liked this

But that makes too much sense!

Quoting Donna6503:

Candle, there is a difference in accepting money from someone who works at a Bain than from receiving money from Bain because of the work being preformed at the place.


gsprofval
by Silver Member on Jul. 14, 2012 at 4:21 PM

So it's wrong for Romney to EARN money, but ok for obama to not work for the money but to take donations?

joyfree
by Silver Member on Jul. 14, 2012 at 4:37 PM
1 mom liked this

sidesplittinglaughter

Quoting gsprofval:

So it's wrong for Romney to EARN money, but ok for obama to not work for the money but to take donations?


stormcris
by Christy on Jul. 14, 2012 at 5:35 PM

And they all took it from the people at the banks and the Fed (on the private side) who knew LIBOR was being fudged....well except I cannot really find where the contributions were made to Johnson from them so....

rocketracer
by Silver Member on Jul. 14, 2012 at 5:38 PM
3 moms liked this

That's ok b/c:

1. He can sing.

2. He's really cool.

3. He's our first bi-racial president.

4. He grew up in HI.

5. HIs father abandon him.

6. He's trying really hard.

7. He has a lot of friends in Hollywood.

8. He "wrote" a couple of "auto" biographies at such a young age.

9. He's a good dad.

10. It's Bush's fault.


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