Obama's Hypocrisy: Took Money From Bain


Barack Obama and his campaign have been making Mitt Romney's time at Bain Capital one of their premiere mantras that have over and over backfired in their faces. They decided to attack the fact that Bain outsourced jobs during the restructuring of the companies they acquired. So what does Obama have to do with it? During the time he points to, 1999-2002, the executives of Bain donated to Obama for his campaign. No doubt at that time Barack Obama was not at all upset about jobs being outsourced as he got some big, fat checks from the executives.

Ben Shapiro points out,

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.

Now there is nothing wrong with outsourcing jobs. There is nothing wrong with taking campaign contributions from businesses. The problem comes when one wants to bash his opponent over being in a company that did something you claim is bad and then took money from the very same people. In this case Barack Obama was fine with outsourcing while getting a check, but not fine when it becomes a political advantage.

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Comments

comments

  • nanblan

    This isn't the least of the hypocrisy. Consider this:
    In January, 2012, Obama appointed Jeffrey Zients as the new Acting Director of the Office of Management and Budget. The twist - Zients is a former employee of Bains Capital, the company he's thoroughly trashing Romney for. Is this the epitome of hypocrisy or what? If the company was/is as despicable as Obama proclaims on a daily basis, why would he put trust in ANYONE who had worked there? Especially in such a responsible position as Director of the Office of Management and Budget, that oversees financial issues for the entire nation. Surely Obama should have to answer for such absurd inconsistencies between his words and actions?

  • thismustend

    Nice to know that most of Romney's hires & buddies are screaming LEFTISTS.

  • Kari

    Interesting, they knew Romney, worked with him at some point (I would imagine), but all this money went to Obama? Guess the air was very thin in there!!!

  • loveitorleaveit

    I just pray that enough people will see the truth and will realize that our own apathy got us to this point. We must get back to the true history of our nation and teach the last 2 generations (or more) that the amazing freedoms we love and enjoy will be lost if we do not value them and if we are not willing and prepared to fight for them. Granted there are things we need to work on but over all, it is still the best country in the world. Personally, I think those who do not love this country as it was before BO should go somewhere else and have a nice day. (Maybe they could take him along.)

    • Blair

      The Democrats will be staying home this time.

  • nanblan

    Here's even more hypocrisy:
    Obama recently appointed Jeffrey Zients as the new Director
    of the Office of Management and Budget. The twist - Zients is a former employee of Bains Capital, the company he's thoroughly trashing Romney for. Is
    this the epitome of hypocrisy or what?
    If the company was/is as despicable Obama proclaims on a daily basis, why
    would he put trust in ANYONE who had worked there? Especially in such a responsible position as Director of the Office of MOB!

  • PADDY O

    Obama Biden
    BEATING ON AMERICA
    DO - Make an issue of Romney's connection with Bain
    DON'T- mention Obama's connection with Acorn
    DO - Make an issue of Romney not showing documents
    DON'T- Mention all the documents Obama won't show & executive Privilege
    DO - Complain about Bain outsourcing jobs
    Don't - mention Obama made a contract with Russia to make Helicopters for
    Afganistan which we will pay for. Don't mention China building bridges
    in California with Chinese Labor. Don't mention Stimulas money going to
    Findland to build cars. Don't mention Cadillac division of GMC going to
    China, next year ( After election )
    Don't mention control of Chrysler going to a European car Company,
    Without paying Bondholders
    WE WANT BOTTOM UP! It's easier to give you the shaft!

  • IthamarPoejjr

    It would appear that the bigger story is that Romney's corp, Bain Capital, and associates donated hundreds oh thousands of dollars to Obama and the Democrats. Want to bet those same people are now supporting Romney with their cash? So the difference between Romney and Obama is?