Posted: July 2, 2012 – Written by John Sexton
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.
July 2, 2012 | Categories: 2012 Election, American Exceptionalism, Congress, Congress: Inquiries & Committees, Constitutional Responsibilities, Corruption, Corruption in Government, Deficit, Due Process of Law, Economic Security, Election 2012, Elections Politics, Excessive Government Spending, Fiscal Responsibility, Freedom Justice and Liberty, Government, Government Regulations, Jobs, Liberals Big Spending and Taxes, Most Americans Reject Socialism, National Debt, National Security, New Media News, Political Incompetence, Politics, POTUS Deception, POTUS Elibility Issue, Radical Liberal Progressive Left, Tea Party Conservatives, TEA Taxed Enough Already, The Economy, Unemployment, Wall Street - Main Street | Tags: attacked Romney, bain capital, Barack Obama, Business, economy, government, illinois state senate, Illinois Venture Capitalist Association, Jack Levin, Kirland & Ellis Law Firm, Maura O'Hara, Mitt Romney, politics, praised private equity, private equity firms, republican state senator, Sen. Obama, The Vetting, U. S. Senate campaign, when he needed cash | 1 Comment »
Posted Jun 29th 2010 at 8:37 am
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.”
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.
June 29, 2010 | Categories: America's Freedoms, Elections Politics, Energy and Oil, Family Values, Foreign Policy, Government, Jobs, Most Americans Reject Socialism, National Security, Politics, Private Sector (Free Enterprise), Public Sector (Government), Stock Market, Banks & Financial Institutions, The Economy, The Environment | Tags: Barack Obama, Congress, Deepwater Horizon, government health care, gulf oil spill, Harry Reid, illinois state senate, leadership, Nancy Pelosi, Obama, Obamacare, oval office speech, Peggy Noonan, politics, present votes | Leave A Comment »