Wednesday, January 18, 2012

Poison Pill for the Administration?

There's no denying that Romney has taken it on the chin, with regard to his history at Bain Capital. Almost all of his Republican opponents have taken a shot, here or there, at the former Governor. And the topic drew in quite a bit of outside criticism, as well.

DNC chairwoman Wasserman-Schultz, for instance, had no problem jumping into the fray:
"Mitt Romney is consistently talking about his economic experience and his private-sector experience as the reason voters should put him in the White House," Wasserman Schultz said. "We think it’s important to show that what his experience really is is dismantling companies, shipping jobs overseas, bankrupting companies deliberately and talking about how he enjoys firing people."
If Romney gets the nomination, the general feeling out there is that Bain Capital will be a problem for him, that the Obama campaign will hammer him mercilessly about it. Here's an extended op-ed at HuffPo by someone named Robert Creamer--very obviously a dem partisan--detailing how Bain Capital will be "so damaging to GOP chances this fall."

Now, I could go through his arguments and expose them for what they are: blind partisan thinking, nothing more. But what's the point? Yesterday, the administration may have made the Bain Capital issue a moot point:
Today the White House announced that current Deputy Director for Management and Chief Performance Officer Jeffrey Zients will serve as the Acting Director of the Office of Management and Budget.
“I’m pleased to designate Jeff Zients to lead the Office of Management and Budget. Since day one, Jeff has demonstrated superb judgment and has provided sound advice on a whole host of issues,” said President Obama. “With decades of experience, Jeff has been a tremendous asset to our team and I’m confident in his ability to help us rebuild an economy where hard work and responsibility pay off and the middle class has a chance to get ahead.”
What's the big deal, you ask? What does this have to do with the price of tea in Burma? Simple, Jeff Zients garnered a good chunk of that experience being touted by the President at...

Yes, at Bain Capital.

Cheers, all.


  1. Yeah, it's mostly just a ha-ha moment. Doesn't mean much.