You're watching...

Mounting Criticism of Obama’s Bain Capital Attacks

Details

  • Description

    FNC political analyst Juan Williams on the growing criticism of Obama’s attacks against Romney and his work at Bain Capital and the New Black Panthe...

  • Duration 5:32
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

It's inappropriate.

Joining me now Fox News political analyst Juan Williams one great to have you here you if you a lot of excitement on the campaign trail today well let's start over the congressman's remarks he says that he was.

Just using it as a synonym for robbing.

Robbing and plunder Arabic you know it's just the bad -- and clearly not.

Equivalent and not appropriate and I think it was Smart of the Obama campaign to immediately react of course they're reacting.

In the aftermath of all -- come before with the comments that came from Cory Booker the mayor of -- -- that over the weekend with regard to saying that he.

Found it outrageous that the Obama administration would go after venture capitalists and -- that was backed up with comments that came from the likes of it congressman Ford former congressman Ford from Tennessee or.

You know some of the others who are involved Steve Rattner he parameters here -- yet but -- also -- people it's interesting to me -- people like Arab Bob Schieffer CBS comes out and says he doesn't think this despair.

There what what happened there have mr.

-- Just really well and even -- -- is famous Mandela said you know don't attack radical greens are bad absolutely and then Ed Rendell former governor former head of the party so.

I think there's see a lot of people saying wait a minute you know what the Democrats do get fundraising.

Done on Wall Street as well and don't cut off that pipeline.

By vilified by demonizing these people toll now in the case the -- is actually.

His specific example was people who engage in payday loans to low income people and those are times predatory there's no question and then the government has had -- -- in they've had to take some responsibility.

But you go over the line if you start condemning everybody who's engaged in -- -- it wouldn't be America without capitalist.

Yeah and in and it's hard to figure out what rural Cliburn usually talking about having I was rhetoric gets out of control area in -- and he's certainly in considerable company in that regard.

This looks like it is just blowing up in the face of the administration's campaign staff what are your what are your thoughts.

You know I think it's when you go over the line -- -- just a few I think actually Cory Booker was wrong I mean I -- -- bit yeah I think the economy.

Is on the table and I think that it's not just a matter of Mitt Romney saying I'm running for president because I can get you an economy that's performs better than the one under President Obama that I can make.

The economy rebound more quickly than the policies he's used to stimulus spending and the like had led us into a deeper hole.

If that's the case.

-- -- people talking about.

In focusing better and I'm part -- a particular the national media.

On this president's economical which is that disaster -- and that otherwise that's legitimate and the fact is.

That governor Romney eight indisputable.

Was an outstanding leader of a major capitalist enterprise that creating great value for its investor.

And created wealth for the country correct and and and for the administration to take this position.

I report Booker the mayor of New York I mean they were Masson and his garden yesterday -- because that's where he gets a lot of his money.

Well that's what are trying to see you earlier and it's but exports interest thing if you remember that on the in the Republican primaries.

Rick Perry governor of Texas accused Romney of being what he called a vulture capitalists remember that.

Newt Gingrich.

I can go ot this it -- which are -- same line of argument.

This is a strategy that's really worked brilliantly as though I was coming I was coming -- -- that's the thing when you get involved with a pop up hunt you gotta watch for the counterpunch and you've got because that's exactly right.

It didn't work then the question is will work now the president said in depending this.

He said you know in fact when you're running Bain Capital it's all about profit.

And when your president what you're really looking to do is grow an economy sustain an economy take care of those like where did well this I mean these -- -- -- folks time well you know if you look at the polling all the polling indicates right now when it comes to management of the economy they're -- 4747.

Latest Gallup -- so this is intriguing but I -- I would -- that -- strongest this is the conversation.

But.

Let's look at some other stuff that's happening here is on -- about blowback on this.

The new Black Panther Party calling the Democratic Party institutional temple black people's and the black nation single mom has been quoted real disappointment.

I mean what is going on here this president is starting to -- -- at the very least friction.

If not -- right attacks coming from his base well that's.

-- fringe group I don't know that anybody I think Southern Poverty Law Center says that there -- bunch of radicals and so it yet but.

The airport card holders as they can't be prosecuted for intimidating point well that none of that was that Philadelphia voter intimidation case we can go on but let's get back the heart of it if you look at the black unemployment rate.

It's about 13%.

Or so vs 8% of the general population.

And you look at people Cornell west and others who say why hasn't this president than anything to help black market is Black America better off today that it was -- has occurred to anybody.

That may be there's no difference between one black Hispanic and Asian when it comes it.

Economic opportunity.

-- -- I mean that's the truth of it but you don't hear that from people who are demagogues and people who like the new black Panthers or whoever's on the -- -- or running for office or trying to raise money -- trying to stir the pot.

Well you're gonna hear it here and word and we're delighted to see nice to be in New York -- welcome and thanks so much.