Quote of the Day

Yes, Newark Mayor Cory Booker said something stupid, and even though Booker issued a reversal, the Republicans turned it around and used it to their advantage. It’s not the first time a Democrat has said a thing and the Republicans used it, and it won’t be the last time.

President Obama was asked about the brief disagreement today while at the NATO summit in Chicago, and he summarized the entire subject of Bain Capital in an way that only he can. He hit it out of the park.

Cory Booker is an outstanding mayor, but it is important to recognize this issue is not a distraction. This is part of the debate we will be having in this campaign about how do we create an economy where everybody from top to bottom, folks on wall street and main street, have a shot at success.

Understand that their priority is to maximize profits. That is not always going to be good for communities or businesses or workers. The reason this is relevant to the campaign is because my opponent, Governor Romney, his main calling card for why he thinks he should be president is his business experience. He is not touting his experience in massachusetts. He is saying he is a business guy, and this is his business.

When you are president as opposed to the head of a private equity firm, your job is not simply to maximize profits. Your job is to figure out how everybody in the country gets a fair shot.

If your main argument for how to grow in the economy is ‘I knew how to make a lot of money for investors’, then you are missing what this job is about. That does not mean you are not good at private equity. That is not what my job is as president. My job is to take into account everybody, not just some.

It was a limited question and it could have invoked a limited response, but the president used the opportunity to take ownership of the entire debate and steer it in a new direction, and he did so in a way that is easily related to the average American.

It’s worth noting that the president also used this opportunity, as the whole world was watching, to issue another unsolicited repudiation of trickle-down economics.

I have no doubt President Obama will demolish Mitt Romney during the presidential debates in the fall.

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  • http://www.facebook.com/people/Oscar-Jimison/100001431764474 Oscar Jimison

    “The reason this is relevant to the campaign is because my opponent, Governor Romney, his main calling card for why he thinks he should be president is his business experience. He is not touting his experience in massachusetts. He is saying he is a business guy, and this is his business.”

    That bears repeating. This is a conversation that Mitt Romney started. Now that it’s not going well for him, his campaign (and the media) wants to pronounce this “off limits”.

  • http://twitter.com/SugaRazor Razor

    Chris Matthews is acting like Cory Booker dug up Obama’s mother and pissed on her corpse.

    FFS, he’s the mayor of Newark, who gives a shit? Sure, Booker is a bit more high value than most mayors, but at the end of the day, he’s the mayor of Newark.

    I hope this “champagne popping” on Romney’s side means he endorses the rest of Mayor Booker’s ideas.

  • http://profiles.google.com/rollotamasi13 Rollo Tamasi

    I thought President Obama was pitch perfect.

    I saw a different clip, that went longer than the TPM clip, where the reporter followed up by asking if Romney was personally responsible for the job losses. I bet he never questioned if Romney was personally responsible for the gains. And Obama swatted that one away too.

    (starts @ 3:58 min mark)

    http://www.youtube.com/watch?v=Ex1H5q9m5B0&feature=player_embedded

    Reporter/RNC shill: “Is Romney personally responsible for the 750 jobs lost?”

    Obama: “What I would say is that, Mr Romney is responsible for the proposals he’s putting forward for how he says he’s going to fix the economy.

    And if the main basis for him suggesting he can do a better job is his track record as the head of a private equity firm, then both the upsides and downsides are worth examining.”

  • Lexamich

    I believe that Booker’s comment on MTP was calculated and meant to show how “even-handed” he could be. This act, as well as that otherwise pointless Christie-boosting ad, shows me that Booker believe himself a media darling. He went on the show as an Obama surrogate, did he not? If so, to completely step on the message in such a superficial and sensational way…

    Speaking for myself, I cannot let this go. Booker is now on notice politically, as well he should be. Perhaps some will remember, perhaps some will forget. He’d better represent that hell out of his city, because for now, he’s obliterated any chance for the national exposure he was clearly aiming for. Too many media people kissing your ass will give you a swelled head. Booker should have gotten nauseous with all that pressure. Now he’s plunging back to earth after bursting his own bubble. He’s strictly local for now on, I believe. As far as this year is concerned, he might as well be a Romney surrogate now. Geez!

    With regards to the debates…

    I don’t know. I’m worried about how the debates are structured. I know the media, generally speaking, is in the tank for the Cons. They will shape any debate whose subject highlights a Romney weakness (basically ALL OF THEM) as an unofficial declaration that the president has failed in some way. We all have to be mindful that the media has essentially helped the GOP wage a campaign against the Democratic message. They’ve also helped Romney wage a 3+ year campaign against Obama, casting Romney as Reagan and PBO as Carter. It’s ridiculous how easy it is to telegraph. Very sloppy. The problem for them is President Obama isn’t fitting their “Jimmy Carter” mold, so they fall back on the “people believe Romney is better on the economy” bull (that no one really believes), while whining about “gas prices,” and “Iran.”

    • http://profiles.google.com/rollotamasi13 Rollo Tamasi

      I agree with you on Booker. He was there for himself, not as a surrogate for Obama. I know Booker is a very smart guy and that is why I cannot let this go. You can have different opinions, but he was disingenuous when he said “don’t attack private equity”. If Booker actually watched the ads, I don’t see how he can honestly make that charge. And if he has not fully watched the ads, then he should shut up.

      I’m confident about the debates. Romney is wrong on the issues and he cannot think on his feet. But I’m even more confident about the aftermath of each debate. Romney will lie and the ads will be cut the follow days. Romney is so pathological that I really believe that after he’s been caught in a lie, he will actually lie again about the same subject he was caught on in the previous debate. He cannot help himself.

      And that more that the head to head debates, which Obama will win., will be the undoing of the stepford candidate.

    • Zen Diesel

      Cory Booker will be banished to the Isle of Misfit toys for his ill-advised statements. Bain Capital is fair game, because Romney is going around trumpeting as a job creator. The Right Wing is throwing everything but the kitchen sink at Obama. Cory Booker should have known better.

    • Victor_the_Crab

      But… but… but… but… but… but… but…

      The media! BASTIONS OF LIBERALISM!!! Know it all elitists who shit all over everything Real America stands for, in order that they can shove their athiest effeminine Euro socialist agenda down the throats of God fearin’ Christians of the U.S. Heartland! They can’t possibly be in the tank for Romney and the GOP. CAN THEY?!!! ( end of sarcasm)

  • http://pulse.yahoo.com/_YJTRJCOIMLAN6EARLFOQXJHDF4 Roxanne

    You’re so right Ashby! Romney is a clumsy, political, doofus who is doing more to turn off the American public than anyone imagined. I was thrilled to see that the President wasn’t going to let Booker’s stupid remarks alter his campaign’s message. Sticking up for Bain when everytime you look at Romney, you see the very face of what brought down the economy. He’s a living symbol of what went wrong and why we won’t be doing it again anytime soon. Electing this idiot would destroy this country.

  • Victor_the_Crab

    And the right wing noise machine will now take the president’s quotes and spin them to mean he’s anti-business, and therefore anti-American.

  • GrafZeppelin127

    I wonder if the President will call Romney out as a liar at the debates when the Grand Nagus starts reciting the talking points that those of us outside the Ferengi universe know are false.

  • bphoon

    I have no doubt President Obama will demolish Mitt Romney during the presidential debates in the fall.

    Nor do I. Romney’s a cardboard cut-out who doesn’t have an original thought in his head. He’ll recite talking point after talking point and wonder what happened to the teleprompter. I look forward to the flop sweat and the expression around his eyes that says, “What the fuck do I say now?”

  • mrbrink

    Mayor Booker still has some growing up to do.

  • http://profile.yahoo.com/EZEJWEH3KKLXVL5LLAA3E7UTRQ Calvus

    Thank goodness for MSNBC and Morning Joe today with the perfect summary, especially lacking any spin, on this Booker situation. It’s a long clip, but at least watch up to the 3:00 mark and especially the 2:25 – 2:45 mark for the bow on this recap from the initial Booker Meet The Press comments and the “voluntary” Booker YouTube video walk back comments.

    http://video.msnbc.msn.com/morning-joe/47501768#47501768

    Priceless.