The Bookers, Morans, and Leones of the Democratic Party Are NOT Reps of Our Values

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    Not too long ago, New Jersey Mayor Cory Booker was a supernova in the Democratic Party, but following his defense of Mitt Romney’s tenure at the chop-shop Bain Capital, Booker appears to be more of a red dwarf. In the days after Booker’s comments it was discovered that Bain Capital and the Financial Industry as a whole gave a whopping $565,000 for his 2002 campaign alone.  Congratulations Mr. Booker, you’re the latest contestant to enter the Democratic Party’s doghouse alongside Brian Moran, Frank Leone, and some other notables.

    I hope Mr. Booker’s stupidity will stand as an example to other “stars” of the Democratic Party: don’t take campaign contributions from anyone willing to throw money in your war chest and don’t make it easier for President Obama’s opponents to crucify him for calling a spade a spade. No, Bain Capital is not the kind of company that America should stand on. Bain Capital is a symbol of America’s economic underside:a company that directly produces nothing, a company whose primary and sole concern is profit above all else.

    The Democratic Party base expects that political representatives of the Democratic Party will represent their values and their beliefs. This means not taking campaign contributions from chop-shop financial companies, not taking a day job that ploys Americans into spending thousands on an education that will bear few if any fruits, or representing companies who transgress the law and harm Americans and our environment in the process. The list could on. Bottom line, we do not want you representing us now or ever.

    Excuses such as “this is how the game is played,” or “if I didn’t take these contributions my opponents would have beaten me,” will no longer suffice (and they never did). It’s time that Democratic Party officials and politicians stand on their principles instead of sinking into the mud with their Republican Party counterparts. It may not be the easier path, but social gains are not made without hardships attached.  

    • notlarrysabato

      Progressive86-

      I agree with you that we have to reclaim the Democratic Party.  One quibble though- party officials are in a different class than elected officials.  Booker deserves every bit of critique that is coming his way since his comments in defense of wall street.  Party officials though do have to earn a living at a “day job”.  

      So where do we draw the line on a “day job”?  I think it’s when a party official is participating in their day job in direct political actions against progressives and other Democrats.  

      Brian Moran crossed that line by working for a group that was actively running ads against President Obama, and is now campaigning against an issue that he has made a key part of his platform.

      I’d be more careful about saying Frank Leone crossed that line with his legal work, since lawyers have to take on work of unsavory clients.  Scott Surovell for example does work for criminal defense.  I do think you made an interesting point about how his firm seems to specialize in anti-enviro clients last week though.  His choice to join that firm, which brings him those kinds of cases is totally fair game though.

      It’s a minor quibble, but I just wouldn’t put these three in the same category.  Moran is by far doing the worst of the three in my mind.  In my campaign for DNC which is against Leone, I’d rather publicly debate him on his support for Moran while Brian is actively campaigning against President Obama then any of his particular legal clients.

    • ThadHunter

      Why the blind hatred for VC firms?  They risk enormous sums of their own privately raised capital to help a business grow or to try and salvage a failing company.  I lost one job (BCE Emergis) when a VC firm bought up our company and consolidated the management team.  So what, I plowed on.  Today the reverse is true.  My current employment is due to, in large part, to a VC firm who was willing to invest in our start up (Swapdrive) at a critical phase of growth.  

      Furthermore, companies are even more dependent on private funding today because government fiscal policies have dried commercial bank credit up thanks in large part to the housing debacle caused by corrupt quasi-government organizations like FreddieMac and their political patrons.  Did you heap at least as much scorn on these entities as you are doing now to Bain?

      Even when a VC firm enters and the company still fails, it is likely that many employees will have had a paycheck for a longer period of time than if the company simply went belly up.  Your party has become blinded with jealousy and an entitlement attitude.  Demonizing successful people does not help poor people.  If you want to succeed in your personal life or as a society, I suggest that you be willing to learn from people who have already succeeded.

    • FreeDem

      This diary has gotten a lot of attention and some hot comments.

      I’ll say this. I don’t think what Booker said was over the line or un-representative of the Democratic Party’s values.

      Booker was making a fair point, that Bain Capital is a legitimate business making legitimate business decisions.

      That does not mean that Romney has the experience to lead this country.

      Bain Capital made profitable business decisions. And that was their role in this economy. Romney is trying to convince the country that his experience with Bain Capital helps him understand how to be President. The Obama campaign, rightfully so, is pointing out that there is more to leadership than the bottom line. There has to be a regard for the common good.

      Booker was making the same point. Many people can be perfectly good businessmen, venture capitalists, and the like. They can still be good people. They can make a profit. They may even make business decisions, focused on the bottom line, that cause job losses and the pains of communities. But that is there role in the economy. That does not make them evil.

      But right now only one of them, Mitt Romney, is running for the President. And he’s trying to convince the country he has the experience to lead this great nation. And he is deeply, deeply wrong.

    • loudoun independent

      How anybody who supports private enterprise is automatically castigated, or how quickly young, intelligent, and by all account great leaders like Cory Booker are thrown into the dustheap for not being hypocritical and refusing to fall in line with hard-left orthodoxy.

      You know what ticket I’d rather see than Obama or Romney? How about Lugar/Booker 2012.