Mitt Romney: What I learned at Bain Capital.

Via the Wall Street Journal:

My business experience confirmed my belief in empowering people. For example, at Bain Capital we bought Accuride, a company that made truck rims and wheels, because we saw untapped potential there. We instituted performance bonuses for the management team, which had a dramatic impact. The managers made the plants more productive, and the company started growing, adding 300 jobs while Bain was involved. My faith in people, not government, is at the foundation of my plan to strengthen America's middle class.

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?

Clinton v. Obama

Vodkapundit:

You can imagine [] that the West Wing must be reeling this week, after a series of irritating little shivs Clinton slid into their backs over the last few days.

It’s no secret that Clinton isn’t exactly a big fan of President Obama’s. Clinton might be the master of making other people mad, but he himself was red-faced pissed off after Team Obama accused him of racism during the 2008 primary fight. And for good reason, too. My personal take is, that was the moment the Race Card lost its trump. Playing it on Clinton, our “first black president”? Dumb move, Barack.

And now comes the payback.

Obama attacked Mitt Romney’s record at Bain. Clinton said his record there was “sterling.” Oh, Clinton said it ostensibly in the course of explaining why Romney shouldn’t become president — but the real message was heard loud and clear.

Obama wants us to believe that the economy is improving, that we’re on track, that we must move “forward.” So Clinton said we’re already back in a recession.

Obama wants the Bush tax rates for the wealthy to expire. Clinton wants to extend all the Bush rates for a year. He later “clarified” and explained he only wanted to keep the Bush tax rates for everyone but the wealthy — but the clarification never carries as much weight as the original statement. And Bill Clinton doesn’t make a whole lot of misstatements during an election fight.

I think Vodkapundit hit the nail on the head here.  Clinton has, justifiably, never forgiven Obama for playing the Race Card on him back in 2008.

New Campaign Ad

The Romney Campaign's latest ad highlights the billions in taxpayer dollars Obama wasted on Solyndra and other companies that subsequently failed. Companies that also happened to be backed by big Democratic donors.

In related news, Obama's Bain attacks continue to backfire, as the Administration struggles to explain the difference between private equity and Obama's public equity model.

Another Democrat Criticizes Obama's Attacks on Bain Capital

On Morning Joe, Former Congressman Harold Ford Jr. defended Cory Booker's criticism of the Obama attacks on private equity  explaining:

I agree with [Booker], private equity’s not a bad thing. As a matter of fact, private equity is a good thing in many, many instances,” Ford told the Morning Joe panel.

Obama Surrogate Describes Anti-Romney Ad As "Nauseating"

Newark Mayor Cory Booker on Meet the Press:

"I have to just say from a very personal level, I'm not about to sit here and indict private equity," Booker said, referring to the Obama ad which spotlighted the story of a Kansas City steel company that went bankrupt after Bain Capital's involvement.

"If you look at the totality of Bain Capital's record, they've done a lot to support businesses, to grow businesses," he added. "And this, to me, I'm very uncomfortable with."

Booker tied the choices he faced as mayor to those faced by companies Bain dealt with.

"This is not about what happened at Bain Capital. Heck, I've reduced the employees in my city 25 percent because it's the only way my government would survive. Call me a job-cutter, if you want," he said.

Then there is also the fact that Romney had already left Bain by the time of the events involving that steel company.

Rep. Paul Ryan v. Former Obama Economic Adviser Austan Goolsbee

Hat tip to Gateway Pundit.