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Best-selling author Suzy Welch on the Obama campaign’s attacks on Bain Capital and its potential impact on the President’s re-election efforts.
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And does -- -- economy is causing the president's -- -- and now so is Spain former President Bill Clinton saying -- Mitt Romney had.
Not sterling business to -- the current democratic governor Massachusetts Deval Patrick saying debate as a perfectly fine company bestselling author.
Suzy -- says the Bain attacks are invented Susie among many of our other past triumphs and was a consultant it's -- good to have you.
All of them.
Lot of Dane attacks are falling on deaf ears even within some prominent members of the Democratic Party.
-- people are recoil -- and they're saying here this is a vilification of of a company that has a long track record as of not being fed.
The why are they doing that -- -- I mean I always think they must.
Today realize or are they trying to tell the president.
This doesn't poll well Mr.
President I think that the attack it well actually first they sent out Biden is the canary in the coal mine saying.
-- that you just kicked private equity in the teeth and see how -- flies and -- you tried it many compared private equities he said you know this this bold statement that somebody who's worked in private equity has as much preparation president as a plumber doesn't.
I you know there was a big -- I mean I I think it'd obviously people on the laughter gonna say.
You know if they're not plumbers are gonna say you know write down but otherwise they're gonna say you have private -- is bad it's bad it's bad it's bad but people -- business understand.
I generally the role of private equity and they understand private equity has some -- but they understand it's healthy.
Contributions to to the capital system -- and they are not ready to had a vilified that way.
Guess is -- I read maybe a little bit what is sinister looking into this moderates within the Democratic Party saying.
Steer a stack from this you know.
Cliff drop.
On the on the left with -- find.
CEOs still find well they'll find the one for senators vilify the big contributors -- and private capital it.
You know invest -- companies that the government would never bother with it you've got to stop that president bombing it is killing you it's killing -- Us there definitely are people who voted for Obama -- business.
That CEOs are high ranking executives who voted for Obama they they bought into the hope and change they thought this is a great thing for America.
And you talk to them now and they are in despair because they wanted -- to work out they thought this would be -- great thing and he can't possibly be.
As anti business has been our kids you know the people say he -- what -- -- and it now beginning to think again maybe he is yes I think that you're hearing that more more.
In board rooms between business people they're saying this is not working out I'm so disappointed in fact last night.
I met with friend and met important for the person -- hedge fund and and he said yeah people who in his firm had truck had voted for Obama and now were saying this is gone too far so I think that's definitely would think.
This is there's any truth to that -- I've heard people didn't try to meetings have been -- -- do you know medical CEOs.
Or.
Yet you know high tech CEOs that he might.
Relatives of the public canceled as a high tech guys but in private he's actually very friendly warm as -- as -- -- all for show.
I do not I've not heard that I don't think it's for show I think if he is his ideology is as it is and I think that.
-- -- There's obviously didn't -- polls on this that you.
I have to decide.
In your heart if you think businesses a friend or foe is business part of the solution I think oriented industry legend -- -- -- That's personal and you know that's -- -- did say to Joe The Plumber plumber have been everywhere in this you know -- certain point -- -- spread it around area is certain point you have enough I think that.
Perhaps there is a sense in his ideology that.
That enough is enough and but America has been built on the notion that if you work hard that there's actually not a top to that.
And and most people who are attracted to business who go into business have this sense it it of a meritocracy.
You keep on working you perform very well you over deliver that there -- -- reward for that there's not a lid on it.
On and I I don't think that that's the administration's ideology I think that they made that clear.
And as well put well put my best -- -- lesser Sarah Jessica -- is doing well it is doing want to thank yeah.
You just continued success of the column thank you folks -- delicate machine he's.
