Cory Booker's Private Equity Gaffe Is Going Great for Cory Booker
Newark Mayor Cory Booker's appearance on Meet the Press in which he condemned attacks on Mitt Romney's career at Bain Capital as "nauseating" and urging Democrats to "Stop attacking private equity" went great -- for Cory Booker.
Newark Mayor Cory Booker's appearance on Meet the Press in which he condemned attacks on Mitt Romney's career at Bain Capital as "nauseating" and urging Democrats to "Stop attacking private equity" went great -- for Cory Booker. He's already backtracked with a four-minute clarification on YouTube that didn't really back off the "nauseating" part.
"Mitt Romney has made his business record a centerpiece of his campaign. He's talked about himself as a job creator and therefore it is reasonable, and I encourage it, for the Obama campaign to examine that record and to discuss it. I have no problem with that."
To understand why Booker said what he said -- and why he needed to backtrack -- it helps to look at the complains of one of the show's guests a week earlier. "I would call myself a barely Democrat, at this point," JPMorgan Chase's Jamie Dimon said a week ago. "I've gotten disturbed at the-- some of the Democrats behave-- you know, anti-business behavior, the sentiment, the-- the attacks on work ethic and-- successful people." Sure, the Wall Street executive said, he wants the things Democrats want -- not just "a more equitable society" but "higher taxes," too! But the way Democrats have gone about campaigning for the latter issue has hurt a lot of feelings on Wall Street. So here comes Booker to the rescue, not only condemning something everyone hates -- negative ads -- but soothing the feelings of an industry that made up a quarter of his campaign donations in his 2002 mayoral race as well as to his CoryPAC this year. His main quote on Meet the Press was:
"This kind of stuff is nauseating to me on both sides. It's nauseating to the American public. Enough is enough. Stop attacking private equity. Stop attacking Jeremiah Wright. This stuff has got to stop, because what it does is it undermines, to me, what this country should be focused on."