Defies Obama, Backs Romney on Bain

Harvey Weinstein is guest-hosting the old Larry King show on CNN, his guest Bill Clinton.
Weinstein to Clinton, "Romney keeps talking about his experience at Bain Capital, producing jobs. Do you think Romney can produce jobs that Obama can't?"

CLINTON: I think he had a good business career. If you go in and you try to save a failing company, and you and I have friends here who invest in companies, you can invest in a company, run up the debt, loot it, sell all the assets, and force all the people to lose their retirement and fire them. Or you can go into a company, have cutbacks, try to make it more productive with the purpose of saving it. When you try, like anything else you try, you don't always succeed. I don't think that we ought to get into the position where we say this is bad work. This is good work. There's no question that getting up and going to the office and basically performing the essential functions of the office, a man who's been governor and had a sterlClintoning business career crosses the qualification threshold.

Now, Romney this afternoon on CNBC was asked about this. "Do you believe that these attacks on you are unfair? Why have you not more publicly embraced your past in private equity?" Which is a weird question because Romney has been actively defending his private equity days. He hasn't been running from it. Romney said, "Well, I'm happy to embrace my past in private equity. I'm very proud of my record. I'm proud of the work that I've had both as the governor of Massachusetts and as well as the leader of the Olympics. And certainly at Bain Capital, an enterprise I helped found and I think Bain Capital has a good and solid record. I was happy to see President Clinton made a similar statement today, called my record superb. I certainly believe it's a record that shows I understand how the economy works."




http://www.breitbart.com/Big-Government/2012/05/31/Bill-Clinton-Breaks-Ranks-Pronounces-Bain-Capital-Work-Good