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CBS's Rose Touts NY Times Spin on Romney's Wealth Being 'New Hurdle'

By Matthew Balan | January 19, 2012 | 19:39

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Charlie Rose ripped a new liberal line of attack on Mitt Romney right out of the New York Times on Thursday's CBS This Morning, as he interviewed top Romney backer Chris Christie. Rose played up that Romney "seems to be dancing around the idea of what his wealth is. This is the New York Times today: 'Romney riches are being seen as new hurdle; complex web of assets is difficult to assess.'"

Midway through the segment, the anchor held up the copy of left-leaning publication and read the headline for the front page, above-the-fold article by Nicholas Confessore, David Kocieniewski, and Michael Luo. He continued by citing the New Jersey governor's own rebuttal to this class warfare tactic: "Your philosophy seems to be, tell him how much you're worth, and say you're proud of it. Every American wants to be rich."

Christie answered by spotlighting the Republican presidential candidate's apparent business success:

CHRISTIE: I don't think there's anything to be ashamed of, that he's been a very successful guy in the private sector and made money, built businesses- Staples, Sports Authority- these were all places that were built because of Mitt Romney's ingenuity, and his investment and his firm's investment in those companies. So I don't think it's anything he should be ashamed of, and I think- listen- over time, that's going to happen, Charlie. My view is, it should happen sooner rather than later.

Charlie Rose, CBS News Anchor | NewsBusters.orgRose followed up by raising the controversy over Romney's leadership of Bain Capital: "With respect to private equity, which is what Bain Capital is- even if the business has failed, the partners at Bain Capital do fine because they've been paid these enormous fees. Is that okay with you? Is that capitalism?"

The governor defended the firm and its business practices in his reply, noting that "they also lost money on certain deals, too....He had a lot of successes over there..Sometimes, you have failures. I don't think the American people are going to be surprised or disturbed by it." Rose, however, countered that "even when there are failures, the fees enable them to make money." Christie didn't miss a beat as he continued his defense:

CHRISTIE: Well, they're doing a job, Charlie. They're doing a job and they're getting paid for the job that they're doing. They're helping to restructure companies, to giving them management, consultation, and they're helping to do it. It doesn't mean that they can make the product better every time. And sometimes, it's just about the product and whether it's a good product or a bad product, or something the public wants or doesn't want.

On Thursday, the MRC's Clay Waters noted that the New York Times front page story, which Rose touted, went into "excruciating detail" about Romney's wealth. However, during the 2008 election cycle, the liberal publication didn't see John Edwards's millions as a "hurdle. Only eight stories mentioned Edwards' time at Fortress Investment Group, a hedge fund based out of New York City. This compares to almost 150 mentions of Romney's leadership of Bain Capital during just the past three months.

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The transcript of the relevant portion of Charlie Rose and Erica Hill's interview of New Jersey Governor Chris Christie, which aired six minutes into 7 am Eastern hour of Thursday's CBS This Morning, can be found here at MRC.org.

About the Author

Matthew Balan is a news analyst at the Media Research Center. Click here to follow Matthew Balan on Twitter.
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I also saw that John Kerry's

Submitted by tcm14 on Thu, 01/19/2012 - 7:53pm.

I also saw that John Kerry's wealth wasn't seen as a hurdle during the 2004 campaign. I don't remember it being mentioned at all.

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IT was mentioned BUT.....

Submitted by OldJarhead77 on Thu, 01/19/2012 - 9:19pm.

The left spun it as LOOK HOW SUCCESSFUL JOHN F'n KERRY IS!!!!! With Mitt its a Hurdle. a stumbling block, a obstacle, a minefield..... because we all know that MItt kicks puppies and lights kitties on fire with $100.00 bills and slaps babies and steals money from poor people.

Liberals: No Morals, No Standards, NO Problem!
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A hurdle, or an assett?

Submitted by CobraMan on Thu, 01/19/2012 - 8:58pm.

"Romney riches are being seen as new hurdle; complex web of assets is difficult to assess."

So, for someone rich, like Senator Mark Dayton, who's inherited wealth is nearly unimaginable, let alone "difficult to assess," it's not a hurdle, but Romney, who's worth probably one fifth of what Dayton was worth when HE ran for federal office, well, then it becomes a problem, right?

The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States. The US Constitution

Unless you're a fetus. The US Supreme Court

Or Anwar al-Awlaki.

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Kinda like a Journalist, eh?

Submitted by CobraMan on Thu, 01/19/2012 - 9:02pm.

"even when there are failures, the fees enable them to make money"

You mean like the Journalists do even when their venue is having financial trouble? Just when did a Journalist at, say, Newsweek, offer to forgo their salaries when their particular news service was having financial troubles? Is that a "hurdle" too, in your fevered mind?

The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States. The US Constitution

Unless you're a fetus. The US Supreme Court

Or Anwar al-Awlaki.

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The MSM sets up the 'hurdle'

Submitted by killa37 on Fri, 01/20/2012 - 12:51am.

The MSM sets up the 'hurdle' race...........but only for Conservatives and Republicans. And not only do they set up the race, but they decide where the hurdles are going to be places, and they move them during the race!!!

At this point, I'm not a big Romney supporter............but if I have to get behind him and help to quell the liberal bias BS, and he can keep moving towards the conservative side of things...........then I will support him in any way that I can. I only know one thing right now - and that is that Boy Barry Obama MUST be defeated - badly -and our poor battered and beaten country can start to make a comeback.

I was wearing a 'I'm proud to be an American' T-shirt yesterday, and some tourist came up to me and said 'I really like your shirt'. And I told him that I was PROUD to be an American, and I was PROUD to be an American LOOOOOOOOOOOONG before Moooooooooooooooochelle was proud to be American!!! The guy just laughed, and gave me 'five' and walked away. So I'm a little encouraged that there are other people like me walking around this country.

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Stop Censoring The Gosnell Trial!

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