George Will Schools Jennifer Granholm on Bain Capital and Solyndra
Linkedin

George Will Schools Jennifer Granholm on Bain Capital and Solyndra

New York City : NY : USA | May 27, 2012 at 10:50 AM PDT
Source: Newsbusters
XX XX
Views: Pending
 

Former Democratic Michigan governor turned Current TV commentator Jennifer Granholm got a much-needed education Sunday about the difference between Mitt Romney's involvement with Bain Capital and President Obama's forays into green energy investment. "When Bain invested," said George Will on ABC's This Week , "it invests money that it gets voluntarily to be invested. TV: I don't think Bain Capital is a side show, as the president says...Then why does he go to businesses that were helped by private equity? That's not -- but that's the whole point, is that he's not going after free enterprise because he's attacking this man for his job experience. That would be like saying, you know, if you did a story I didn't like, free speech, I'm attacking free speech...He's attacking him for that experience, claiming that that experience is the experience that we should be looking to, to create jobs in America when it's clearly not. So, it would be fair for Romney to say, look at Solyndra, they laid off 1,100 people with no pensions, no severance, nothing else. And that's the result of the president's idea of green energy...Marc Thiessen had a fabulous piece at the Washington Post Thursday about how many jobs green energy companies Obama invested in have actually lost. If liberal media members like Granholm think this is a winning strategy for Obama, they're going to be very surprised by the public's reaction...I mean, those are the two competing frames that the candidates are offering for what's happening in America. As you said, the Romney frame is that government is intruding on the private market and producing weaker results. The Obama frame is that the private market is not producing an economy that works for everyone. And that ultimately government has to be involved in trying to create more broadly shared opportunity...It was an effort to try to jump-start an industry and a business...There's another difference, that is when Bain invested, it invests money that it gets voluntarily to be invested. When the president throws a half-billion dollars away on Solyndra, it's money taken away by the police power of the federal government from unwilling taxpayers...Why is it liberal media members have far less disdain for a President wasting taxpayer funds on failed projects than private citizens investing their own money for personal gain?

 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

More From Allvoices

Related People



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.