Truth Has No Agenda (GB)

Posts tagged “illinois state senate

Exclusive – The Vetting – Obama Praised Private Equity When He Needed Cash

[Breitbart.com]

Posted:  July 2, 2012 – Written by John Sexton

 President Barack Obama has attacked Gov. Mitt Romney’s record in the private equity industry as CEO of Bain Capital. But ten years ago, as he struggled to raise funds for his long-shot U.S. Senate campaign, then-State Senator Obama decided to embrace the private equity industry and its wealthy Chicago political donors. At one point, Obama even co-sponsored a resolution in the Illinois Senate calling calling private equity firms like Bain “the best opportunity for long-term economic vitality” and for “the creation of jobs.”

Obama’s campaign ads dismissively compare Romney’s work at Bain to that of a “vampire” draining jobs and money from vulnerable companies and workers. After pushback from a handful of pro-free market Democrats in late May, the President himself publicly defended his campaign’s attacks on private equity firms like Bain.

But records from Obama’s time as a state senator in Illinois, along with recollections of those who worked with him, present a very different stance. They indicate that Obama worked hard to position himself as a strong supporter of the venture capital industry. Obama attended industry social functions and used his position in the state senate to propose bills consistent with the legislative goals of the venture capital industry in the state.

“The Barack Obama I knew in Springfield was very pro-private equity, private capital, and high technology” Republican State Senator Kirk Dillard, who served with Obama in the Illinois State Senate, said in a telephone interview with Breitbart News about Obama’s record last week. “Mr. Obama clearly had many friends in the private equity business when he was a legislator,” Dillard added.

(more…)


Obama’s Dilemma: Heavy Leadership Responsibility – Light Leadership Aptitude

Of Thee I Sing 1776

BigGovernment.com

Posted Jun 29th 2010 at 8:37 am

by Of Thee I Sing 1776

The president’s recent disappointing oval office speech elicited a chorus of criticism from across the political spectrum.  For some reason the speech seems to have put a spotlight on the president as a leader, whereas other misjudgments in which he was directly involved in making policy had not.  The oil spill, which was certainly no fault of Mr. Obama, seems to have finally caused the public and many of his cheerleaders among the pundits to focus on the president’s substance and not his style.  That has been the unspoken, elephant-in- the-room, concern throughout his presidency, his aptitude for leadership.  We are reminded of the lead-in lyrics to the signature song Ethel Merman belts out in Gypsy… Curtain up…light the lights…you either got it…or you ain’t.”

obamamirror-1

President Obama seems to have the curtain up, light the lights part down pat.  The dramatic campaign and convention stage sets, his world photo-op tours, his big oval-office backdrop to his little oval-office speech, and his ever-masterful use of the teleprompter have all produced a “strike-up-the-band” expectation whenever and wherever he appears. It’s the “you either got it, or you ain’t” part that seems finally to have focused the public on the president’s aptitude for leadership.

(more…)


Follow

Get every new post delivered to your Inbox.

Join 752 other followers