Tuesday, July 3, 2012

The Vetting: Obama Was For Private Equity Before He Was Against It

Breitbart.com:  "President Barack Obama has attacked Gov. Mitt Romney's record in the private equity industry as CEO of Bain Capital. But ten years ago, as he struggled to raise funds for his long-shot U.S. Senate campaign, then-State Senator Obama decided to embrace the private equity industry and its wealthy Chicago political donors. At one point, Obama even sponsored a resolution in the Illinois Senate calling calling private equity firms like Bain 'the best opportunity for long-term economic vitality' and for 'the creation of jobs.'"

Does this mean we can soon expect another about face?

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