They get in trouble. Oh my. The Whitehouse obviously spanked Cory Booker for saying he thinks the administration's smear attacks on Bain Capital and Romney are nauseating. The Morning Joe crowd reported that Booker is walking back his remarks. GOP supporters started a website stating they stand with Cory. This was too much for Booker who obviously felt as if he's being used by the GOP. Booker should worry about being used by the Obama team more than the GOP. Booker obviously has political ambitions. If Booker is concerned with hooking his wagon to a star, he should make sure it's not a falling star. Obama will likely drag Booker's wagon down, so, rather than walk back his comments and position, Booker should break free and become his own star.
The Morning Joe analysts, if you can call them that -- basically it's Scarborough acting like an analyst in between his rodeo clown performance -- said that Booker is fighting for his political life because the big Democrat donors are unhappy with Booker for undermining their main strategy of smearing Romney with the Bain association. If this is all the Democrats have, then they'll go down in flames, and Booker's instincts were right -- separate and become a serious contender. But, it appears the pressure to conform is too great, so Booker is folding.
The real issue is why Obama thinks it's the President's job to make sure the economy is fair to everyone. Obama said that Romney's experience at Bain has nothing to do with the awesome responsibility a President has to control the outcomes of market activity. This has been the problem in government, and Obama has perfected the problem. We don't need Presidents intervening in the economy with contant changes to make it "fair" according to their ideas of fairness. What this usually means is that the President is making the economy beneficial to his base and crony corporate partners so Dems can maintain power, but Obama is experiencing the Democrats' Dilemma -- who do they benefit the most without alienating half their support? The Dems' base is anti-corporation, but the President needs corporations to maintain great State power and control, even corporations like Bain which he regularly courts for cash. Obama is in a bind -- he's beholden to both corporate cronies and a base that wants to end capitalism as we know it, although cpaitalism as we know it was perverted long ago by other regimes which wanted to make the economy "fair". Romney's experience in the private sector is looking more pertinent everyday -- we need much more private enterprise activity by economic means and less government/corporate cronyism by political means. Morning Joe provides poor analysis, but they laugh a lot and that's nice.
Oh, Steve "Chartman" Rattner had charts to show that America is in good financial shape -- no need to worry. We are not near as bad as Europe, but we're trying, and that's what counts.