The Bain Of His Existence

Joe Scarborough was wailing this morning on Morning Joe about the Obama campaign ads against Bain Capitol. This ad was particularly effective--it just had the best clips from Romney's Republican primary opponents blasting  Willard as a vulture capitalist. In one of Newt Gingrich's lucid  moments of the campaign he articulated the difference between entrepreneurs and vulture capitalists. This has set the Romney backers ablaze.


They thought they had something when Cory Booker, Newark's mayor, criticized the Bain ads. But then it was soon discovered Cory received buckets of money from Bain in his electoral campaigns. Then we had Harold Ford and then Ed Rendell.  But this only fueled the discussion and debate.


Democrats had polled these ads when Republicans ran them against Romney during the primaries and found that they had an impact on middle class voters. So why not go with a good thing.


The Obama campaign ran the Loris and Ampad ad, which showed a women gyped out of her pension and health care by Romney. 


When equity fund managers start showing up on television saying that the whole point of their business is to make a profit and not to create jobs, you have a problem. Jim Cramer, not a fan of President Obama, said that Romney destroyed jobs as part of his career so his clients would make huge profits.


The Romney campaign should have expected this to become an issue. In the primaries, Romney dismissed his short term as Governor and pointedly ran as a business man. So it is logical that his record as a businessman should be examined. The Romney people probably thought that this was tried when Romney ran against Ted Kennedy for Senator and so it would probably be old news. But the Obama campaign is attacking the very reason Romney claims he should be president. 


At the NATO meeting, President Obama defended the ads and said that the decisions of a president are different than those of a manager of a hedge fund. Smack down.


Romney's campaign spokesman tried to steer the conversation back to his days as Governor. The problem here is that Romney was 47th of Governors in terms of job creation. The lower governors endured Hurricane Katrina.


If two legs of your rationale are being destroyed, then you are left with the organization of the Olympics. There watch for ads how he "saved" the Olympics with tax payer money.


The point from a campaign is that you have become the issue and not your opponent. This has sucked the air out of the room and Romney will have to plan on getting back.


Poll Update: Quinnipiac has Romney with a 47 to 41 lead over Obama in Florida. In March, Obama had a 49 to 42 lead. So who knows what is happening.