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Newark Mayor Cory Booker Defends Bain Capital, Attacks Obama Campaign

By Judd Legum on May 20, 2012 at 7:28 pm

"Newark Mayor Cory Booker Defends Bain Capital, Attacks Obama Campaign"

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Cory Booker, the popular and progressive mayor of Newark, New Jersey, attacked the Obama campaign for making an issue of Mitt Romney’s tenure at Bain Capital during an appearance today on Meet the Press.

Romney has placed his career at Bain the center of his campaign. On several occassions Romney has asserted that, while at Bain, he was responsible for creating 100,000 jobs. Multiple independent fact checkers have concluded that Romney’s claims on jobs is simply false.

The Obama campaign has responded by highlighting instances where Romney’s actions at Bain Capital resulted in substantial job loses. On Meet the Press, Booker called criticizing Romney’s time at Bain “ridiculous” and “nauseating.” He also equated criticisms of Romney’s buisness record with racially charged attacks against Obama centered around Rev. Jeremiah Wright. Watch it:

At Salon, Steve Koracki speculates that Booker defended private equity to help cultivate Wall Street donors for a future state-wide race. Many of these donors have abandoned Obama, hoping for gentler treatment from a President Romney.

By this afternoon, Booker had started to walk back his criticisms of Obama and his campaign. Here’s what he said in a video posted to YouTube late today:

Mitt Romney has made his buisness record a center piece of his campaign. He’s talked about himself as a job creator. Therefore it is reasonable, and in fact I encourage it, for the Obama campaign to examine that record and to discuss it. I have no problem with that. I believe, in many ways, Mitt Romney is not being honest about his role and his record even as a business person and is shaping it to serve his political purposes and not necessarily including all the facts from his time there.

This clarification, however, is unlikely to find its way into the RNC press release touting Booker’s initial remarks.

Update

In a tweet, John McCain thanks Cory Booker:


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