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May 30, 2012
To Bain or Not to Bain?
Media pundits and advisors in both camps are unsuccessfully flailing about trying to provide an answer that will satisfy anyone. The flailer-in-chief is of course, the spokesboy-in-chief. John Hinderaker has fun with him: Earlier today, White House press secretary Jay Carney was asked about Solyndra. He responded that the government made a number of "green energy" investments; some of the companies failed, but most haven't (not yet, anyway). So an alert reporter asked Carney how that is any different from Mitt Romney's Bain Capital experience, which has been so bitterly attacked by Barack Obama. As Romney has often said, Bain made many investments, frequently in troubled companies; most succeeded, but some failed. Carney's deer-in-the-headlights response is entertaining: The video: here. If you have the answer, you are, in Kipling's words, "...a better man than I am, Gunga Din." Major Garrett, late of Fox, now of National Journal and everywhere on TV, does a really good job of...(Read Full Post)