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May 23, 2013
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Anderson Cooper Goes Cory Booker on Obama Campaign Spokesman

By P.J. Gladnick | May 22, 2012 | 10:23

A  A

One almost has to feel sorry for Obama campaign spokesman Ben LaBolt.  He showed up on CNN's Anderson Cooper 360 yesterday probably expecting the type of softball questions that MSNBC hosts would toss at him. Instead, Anderson Cooper took a page from Cory Booker's criticism of  "nauseating" attacks on private equity firms such as Bain Capital and kept asking LaBolt how the Obama campaign can criticize Bain while simultaneously raising funds from the same type of companies.

The clearly unprepared LaBolt spent the interview filibustering with a flurry of words that were designed not to answer the questions about the obvious fundraising hypocrisy by the Obama campaign. Watch LaBolt as he filibusters his way to the end of the interview without giving any answers:

LaBolt probably knew he was in extreme hot water while listening to Cooper introduce his segment with the Cory Booker reference:

ANDERSON COOPER: President Obama essentially double downed on the Bain attacks today, saying this is not a distraction from the campaign, this is going to be a centerpiece of the campaign. At the same time, critics say the attacks on Bain are hypocritical. As we pointed out a couple of nights ago, the same day last week that the previous Bain ad came out, President Obama was fund-raising at the home of this guy, Tony James. Mr. President is president of Blackstone. Blackstone is a private equity firm that is actually a lot bigger than Bain and like Bain has bought companies and cut payrolls. Now, in that ad, a laid-off worker likens the head of Bain to a vampire, the same night Mr. Obama sits down for dinner with the head of Blackstone. There's the contradiction. This weekend's events with Mayor Booker show why many within the president's own party think the Obama campaign's Bain strategy is very much a double-edged sword. Joining me tonight, Obama campaign spokesman Ben LaBolt.

At this point one can speculate that LaBolt's thoughts went something like, "Oops! What have I walked into?" And now Cooper asks his first question followed by LaBolt's first non-answer:

COOPER: Ben, how can President Obama attack Mitt Romney on his time in private equity at Bain highlighting only times when Bain cost company jobs and at the same time hold high-priced fund-raisers with the head of another private equity firm who has done with Bain, the Blackstone group, or hire people who have worked in other private equity firms in his own administration?

BEN LABOLT: Well, Mitt Romney hasn't been -- he hasn't been forthright with the American people about what he did during his tenure as a corporate buyout specialist and what his goals were. He's been campaigning across the country telling people that he was a job creator, but he's never been able to substantiate a number of jobs that were created. That's because he -- his partners have admitted that the goal was wealth creation for themselves.

Cooper tries again with another question but LaBolt continues non-answering him:

COOPER: Private equity is about wealth creation for investors. And I know that's not what he's saying, but that's what it is about. But I don't understand why it's OK for the president's private equity supporters to bankrupt companies and put people out of work, but it's not OK for Mitt Romney's equity firm to do that.

LABOLT: The president has support from business leaders across industries who agree with his vision of building an economy that's built to last, where hard work and responsibility are rewarded, where everybody from Main Street to Wall Street plays...

The third time is a charm, right? Wrong when trying to wring an answer from the completely unresponsive LaBolt who is acting like he never even heard the question:

COOPER: You yourself said that's not what private equity is about, and yet the president is accepting money from private equity firms. Isn't that hypocritical?

LABOLT: ... who believe that the right thing to do was put in place those protections to ensure that we never have a financial crisis like we did in 2008 and that middle-class families across the country are not held hostage by risky financial deals.

Story Continues Below Ad ↓

Finally Anderson Cooper has a "revelation" about LaBolt's evasions and LaBolt responds with yet another non-answer:

COOPER: But you're not answering any of the questions. I'm trying to figure out what is different between Bain and Governor Romney's experience in private equity and the experience of private equity firms that the president is taking money from.

LABOLT: Well, here are the facts, Anderson. Governor Romney has based his candidacy for the Oval Office on his tenure as a corporate buyout specialist. He said that that's the economic record that we should evaluate, that that's the type of philosophy, economic philosophy that he would bring into the Oval Office. And we took a look at the record. We took a look at the fact that he loaded up companies with debt across the country. This case of Ampad, a plant in Marion, Indiana, 250 workers lost their jobs. Romney and his partners came in. They loaded the company up with debt, laid off all the workers, force them to reapply for their jobs. Security guards bolted the doors. They went through the...

You will look in vain in the rest of the interview for anything resembling an answer by LaBolt. Next time he should appear on Rachel Maddow's show for guaranteed softball questions.

  • 2012 Presidential
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Comments

That is because they have no

Submitted by John21 on Tue, 05/22/2012 - 10:28am.

That is because they have no answers. The Obama campaign much like his administration are far left liberals and can not understand why American will not just drink the Obama Kool-Aid.

The media has been drinking it for years.
The congress both Democrats and Republicans are drinking it on a regular basis.
The Noble Committee had lots of it before giving him a prize for breathing.

"It's not that liberals are stupid, it's just that they know so much that isn't true." Ronald Reagan

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Good on Cooper for pressing this worm for answers

Submitted by Galvanic on Tue, 05/22/2012 - 10:32am.

The attacks on venture capitalism will likely backfire. Romney's campaign is already capitalizing (no pun intended) on the quote of Booker, Ford, and Rattner, and all they have to do is add Big Donor James to the ad.

One of the super PAC's already has an effective ad comparing OBama's rheotrical class warfare remarks to his snug ties with Wall Street. This new one adds to the "narrative" as they say on the news programs.

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Lying scum libs/dems

Submitted by ohio granny on Tue, 05/22/2012 - 10:34am.

Democrats are a bunch of lying scum, expecially Obama. So many lies it is hard to keep them straight. But of course Obama doesn't expect any one in the MSM to even ask about them much less point them out. That is why when it does happen they have no answers, just like this time with Anderson Cooper.

Double standards and lies, that is all Obama and the democrat party have.

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Apparently this morning when

Submitted by LinTaylor on Tue, 05/22/2012 - 10:50am.

Apparently this morning when Cooper was pulling on his Barack Obama Underoos, he took a look down and discovered something he hadn't found in years: his "stones".

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Wow! This dude could not

Submitted by inquiringmind on Tue, 05/22/2012 - 10:57am.

Wow! This dude could not answer Anderson straight up and when he tried to come back with job numbers all he could do is pull something out of thin air.

I sense a difficult campaign season for Obama. And as such they are going to get as dirty as possible and divide this country even more.

It will be a scorched earth policy.

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Too bad Anderson didn't bring

Submitted by motherbelt on Tue, 05/22/2012 - 11:04am.

Too bad Anderson didn't bring up THIS and ask "What's changed about private equity since 2008?

But then again, he IS a member of MSM, so it's understandable that he's behind the curve......

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Hangin' w Mr. Cooper

Submitted by 76United on Tue, 05/22/2012 - 11:04am.

I saw this last night. The exasperation on AC's face was great.

Political hacks never diverge from the script.

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OT (slightly)

Submitted by almostacowboy on Tue, 05/22/2012 - 11:07am.

But, AC took one SC pastor's comments about what he (the pastor) would do with homosexuals and tried to turn what was said in a small SC church into a national controversy. Yet, no coverage of and Black Panther nor Black Muslim treasonous speeches. Things that make you go, "Hmmmmmm."

http://www.theblaze.com/stories/new-black-panther-field-marshal-whites-s...

http://www.theblaze.com/stories/ahmadinejad-farrakhan-new-black-panthers...

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Was that CNN?

Submitted by Scott Trent on Tue, 05/22/2012 - 11:12am.

Wow... Congrats to CNN for actually questioning the Obama camp instead of just being a lapdog to Obama... Congrats Anderson Cooper. That almost qualified for "Fair and Balanced" journalism... Maybe I`ll stop tweeting and posting "CNN-DNC. A subsidiary of the Democratic National Committee..."

Scott Trent
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I wonder if the Obama

Submitted by Yarbles on Tue, 05/22/2012 - 11:23am.

I wonder if the Obama campaign will continue with "GM is back to #1!" until November even though Toyota retook the top sales slot last quarter. Obviously the media won't call them on it.

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You are correct

Submitted by motherbelt on Tue, 05/22/2012 - 11:43am.

on both counts.

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Oooohs and Aaaaahs for tough financial love

Submitted by CO2Maker on Tue, 05/22/2012 - 12:00pm.

So, Bain pours private capital into a firm, stirs it around, maybe lays off people, restructures the business model, and the company comes out alive and productive on the other end. That's bad because it laid off employees. Ooooh.

The federal government pours bailout money into GM, appoints a czar, kicks the preferred creditors to the side and gives their equity stake to the unions, and GM begins to build cars again after a lot of market shenanigans. They pay back half of the loans, the gummint says it's all paid off, and now it's once again the biggest car manufacturer in the world (per LaVolt's comment at end of video). Ahhhhh.

Funny how one of them is bad and the other one is good. (That more perfect union thing, I guess.)

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CO2,

Submitted by Agnostic on Tue, 05/22/2012 - 12:33pm.

Agree - if I may add my 2 cents: 

Tax breaks and forced dealership concessions helped the GM numbers.

As for the Bain closings and lay offs, two questions:

 1) Would those employees have taken the pay cuts necessary to compete with foreign labor?

 2) Is it better to fire 5% of the work force so 95% can continue working?

. . Socialist = Modern Liberal = Parasitoid
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You know this Lib was in trouble when...

Submitted by Conservator on Tue, 05/22/2012 - 12:15pm.

...he said Romney was a "a corporate buyout specialist." Yet, he couldn't answered Cooper's question on Obama raising funds at an equity firm, Blackstone, - which is much larger than Romney's Bain Capitol. BTW, Obama has received significant donations from Bain - is he going to return the money?

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Return the money?

Submitted by CO2Maker on Tue, 05/22/2012 - 12:26pm.

Of course. Right after he returns Bill Mohair's money.

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His last name is misspelled. It should be "Le Dolt".

Submitted by drsamherman on Tue, 05/22/2012 - 1:13pm.

This is the second time a CNN announcer ripped him a new one. The idiot is stuck on "Obamabot propaganda playback" mode and can't come up with an original thought or a logical response to save his soul.

He's the perfect "yes man" enabler for the malignant Narcissist who employs him.

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Memo from obama campaign:

Submitted by Diesel on Tue, 05/22/2012 - 2:31pm.

Attn. All OFA spokesidiots: "You are hereby ordered to appear ONLY on MSNBC for the next 5 months"

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