May 28, 2012

And Exactly What Is Your Job About, Mr. President?

By Jim Yardley
At a press event while attending the NATO summit in Chicago, President Obama was asked about his campaign's negative ads about Bain Capital.  Bain Capital was the financial firm that helped Mitt Romney amass his wealth, and helped him become one of those despised "millionaires and billionaires" that the President has blamed for the 2008 financial collapse (when he's not blaming Republicans in general and George W. Bush in particular). At the end of the NATO Summit, while taking questions from reporters, President Obama talked about his attack on challenger Mitt Romney. Defending his campaign's attacks on Romney's tenure at Bain Capital, Obama said: "this is what this campaign is going to be about." "If your main argument for how to grow the economy is 'I knew how to make a lot of money for investors' than you're missing what this job is about," the president said. Jake Tapper of ABC News also quoted the President as saying: "When one is president, as opposed to the head of...(Read Full Article)