Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Monday, July 16, 2012

The Financial Press

Given the failure of the political media as typified by Glenn Kessler's inane fact checking of Obama's (and the Boston Globe's and Mother Jones's) assertions about Romney's departure from Bain, I think the biggest thorn in Romney's side will be the financial press.

These reporters are rather diligent about facts and numbers, again unlike the political press, which is obsessed with horse race and tactics.

And so you get this from Bloomberg:

Reading this, it is difficult to appreciate how Romney's work qualifies him to be President, unless you think the main job of a President is to reward the wealthy.  Which, judging from his stated policies, is exactly what Romney seems to think the job is.

As Josh Marshall and others have pointed out, Team Obama is successfully removing Bain as a strong point in Romney's bio.  If he can't talk about Bain and he won't talk about Massachusetts and being an elder in the Mormon church... what exactly is Romney going to say about himself?  What is his narrative?

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