Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama Took Cash From Bain Outsourcing Execs - Breitbart
breitbart.com ^ | 13July12 | Ben Sharipo

Posted on 07/15/2012 3:50:18 AM PDT by Las Vegas Dave

Barack Obama’s campaign has been quick to rip Mitt Romney for his association with Bain Capital, which outsourced certain jobs during restructuring of companies. There’s only one problem: many of the very executives who were running Bain Capital during the 1999-2002 period now under media scrutiny donated to Obama’s presidential campaign. And Obama was more than happy to cash the checks. The same SEC form from February 2001 that lists Mitt Romney as “sole shareholder, sole director, Chief Executive Officer and President of Bain Capital … the controlling person of Bain Capital” also lists over a dozen other managing directors of Bain Capital, Inc. -- all of whom were undoubtedly more active than Romney was during this period. And President Obama took money from many of them. Take Joshua Bekenstein. Bekenstein has been a managing director of Bain Capital since 1986. In 2008, he signed Barack Obama a $4,600 check. In 2004, he gave a $50,000 donation to the Democratic National Committee. That’s outsourcing money, plain and simple. And Obama was happy to take it. Or how about Stephen Pagliuca? Last year, he cut a $35,800 check to Barack Obama’s Victory Fund. Then he cut another $30,800 check to the DNC. And another $30,800 check to the DCCC. Jonathan Lavine and Mark Nunnelly have both maxed out to Obama already, as well as to the DNC. Lavin was a bundler for Obama, and raised over $100,000 for him. Michael Krupka gave Obama $4,600 in 2008. As we’ve seen, the leftist media thinks it’s a disaster if a private citizen, Mitt Romney, made money from an investment company that outsourced jobs to save companies. < click link for the remainder of the text >

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: bain; obamabain; obamatookcashbain
FYI: I received email from a former coworker earlier today and did a search, this posting is the result of that search.

BELOW IS A COPY/PASTE OF THAT EMAIL:

I know everybody is sick and tired about politics. I am also. This is important because the Liar-in-Chief has distorted everything in our system and the media has no guts.

Obama is advertising about Romney and Bain. The one thing he never mentions is that he took big money from Bain. The following are Bain Capital people.

In 2008 Joshua Bekenstein as a managing director of Bain since 1986 signed a check for Obama for $4,600. In 2004 he gave $50,000 to the DNC. Obama was happy to take it.

Stephen Pagluica cut a check to Obama's Victory Fund for $38,800. Then he cut another check for $38,800 to the DNC. Then another check for $38,800 to the DCCC.

Jonathan Lavine and Mark Nunnelly both maxed out to Obama and the DNC.

Lavine was a bundler for Obama and raised over $100,00 for Obama. Michael Krupka gave Obama $4,600 in 2008.

This has turned into Obama being fine with outsourcing while taking money from these people. The problem comes when one wants to bash his opponent over being in a company that you claim is bad and then took money from the very same people.In this case Obama was fine with outsourcing while getting a check, but not fine when it comes to political advantage.

For all you doubters, check this out. If you need help, I'll supply you with the necessary info.

The hypocrisy from this administration is unbelievable.

Best regards,

xxxx xxxx

1 posted on 07/15/2012 3:50:35 AM PDT by Las Vegas Dave
[ Post Reply | Private Reply | View Replies]

To: Las Vegas Dave

The MSM will NEVER report this.


2 posted on 07/15/2012 3:53:30 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Las Vegas Dave

No matter the direction he turns he keeps stepping on a rake.


3 posted on 07/15/2012 3:58:39 AM PDT by Dusty Road
[ Post Reply | Private Reply | To 1 | View Replies]

To: Las Vegas Dave; onyx; STARWISE; maggief; SE Mom; LucyT; Brown Deer; melancholy; MinuteGal

Lying now or then PING


4 posted on 07/15/2012 4:06:41 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ann Archy

Maybe it would get reported if Romney had been the first to use this material. It worked when he went with the dog eating story.


5 posted on 07/15/2012 4:10:23 AM PDT by miss marmelstein
[ Post Reply | Private Reply | To 2 | View Replies]

To: hoosiermama
Lying now or then

Yes.

6 posted on 07/15/2012 4:22:14 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
[ Post Reply | Private Reply | To 4 | View Replies]

To: miss marmelstein
That's true! Haven't heard one more word about Mitt's dog since the infoabout Obama EATING a DOG came out!!!!

OBAMA ATE DOG!! What the HELL kind of LIFE did he have in Indonesia??? YUK.

7 posted on 07/15/2012 5:08:14 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Las Vegas Dave

8 posted on 07/15/2012 5:09:43 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Las Vegas Dave

According to the latest Gallup poll of registered voters, Romney and Obama are tied at 46%. $100 million dollars down the poop chute and Obama has actually lost ground.

Now he’s doubling down. I don’t think this kind of attack really energizes his base so he’s hoping to sway independents with it. But it appears unseemly for a president to be on the attack like this, esp. in the dog days of summer.

Sure, it distracts from his record, but it just looks petty and too obvious that he’s trying to change the subject.

If they keep this up as they seem wont to do, people will get really sick of it. I guess another goal of his is to just turn voters off so they tune it out and don’t bother voting.


9 posted on 07/15/2012 5:14:39 AM PDT by randita
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoosiermama; Berlin_Freeper; Hotlanta Mike; Silentgypsy; repubmom; HANG THE EXPENSE; Nepeta; ...

10 posted on 07/15/2012 5:21:38 AM PDT by Brown Deer (Pray for 0bama. Psalm 109:8)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Las Vegas Dave
So what if Bain outsourced jobs?

Why would a manager outsource a job? Because it is more cost effective to do so.

To whom is a manager obligated? He is obligated to his shareholders/owners.

What is his obligation? To maximize the value of their equity in the company.

If Bain outsourced jobs, what caused them to do it? They did it because the environment in the U.S. (punitive taxes, extremely costly regulations, Gov't intrusiveness) made it cost prohibitive to have the jobs here.

It is a stupid argument, if the focus is on the businessman's attempt to do the very thing he is in business to do!

11 posted on 07/15/2012 5:59:56 AM PDT by Thom Pain (U.S. Constitution is a CONTRACT!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Las Vegas Dave

Bump


12 posted on 07/15/2012 6:02:55 AM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Las Vegas Dave
Romney, if he had any cajoles at all, would immediately demand the Obama administration to return all Bain contributions...

It would make a great 30 second spot...

"The President continues to lie about my relationship with Bain and wants to paint me as out of touch...Mr President took campaign donations from the very company he claim out sourced american jobs...Return their donations today Mr. President...so you can't look hypocritical.."

13 posted on 07/15/2012 6:22:31 AM PDT by Popman (When you elect a clown: expect a circus...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Thom Pain

Jobs are not outsourced.

The uncompetitive are dropped from unemployment rolls because the summation of capital and labor can not operate at a profitable level.

At some point, it is simply not possible to be employed in America and make paint brushes. Paint brushes can be made cheaper and most likely better elsewhere.


14 posted on 07/15/2012 6:35:21 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
[ Post Reply | Private Reply | To 11 | View Replies]

To: Las Vegas Dave

Who is Ben Sharipo?


15 posted on 07/15/2012 7:16:46 AM PDT by Christian4Bush (PSA. As of 7/15/12, 114/189 days 'til we vote out/take out the trash. (11/6/12, 1/20/13))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brown Deer
My thoughts on the he committed a felony ads/mudslinging...here.
16 posted on 07/15/2012 9:37:12 AM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Christian4Bush

Ben Shapiro? The author of this article at breitbart.com.

http://www.breitbart.com/Columnists/Ben-Shapiro


17 posted on 07/15/2012 4:09:14 PM PDT by Las Vegas Dave ("All 57 states must stand together and defeat O-bozo!")
[ Post Reply | Private Reply | To 15 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson