‘I’m Curious…’: See the Amy Holmes vs. David Shuster ‘Venture Capitalism’ Faceoff on CNN!
- Posted on January 15, 2012 at 4:17pm by
Christopher Santarelli
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The Blaze‘s Amy Holmes and David Shuster of Al Gore’s Current TV were on CNN’s Reliable Sources Sunday. When host Howard Kurtz turned the conversation to the ongoing media examination of Republican presidential candidate Mitt Romney’s career at Bain Capital, Shuster became increasingly “curious” about the coverage of the subject at GBTV as mentioned by Holmes.
“From what I was reading, it was just the political he said/she said or he said/he said,” Holmes said in regards to the general coverage of attacks from other candidates on Romney’s record at Bain.
“At GBTV we actually dug down into what is Bain Capital, what is venture capitalism, what do private equity firms do, because so much of the coverage did not actually inform the reader about what exactly this firm would do, and therefore, are these charges fair.”
Newsbuster’s Noel Sheppard:
This was a great point, for with few exceptions, the press coverage of Romney and Bain largely misrepresented what VC and PE firms do whilst completely ignoring their real function which is to invest money in either startups or struggling companies to improve their profitability. The net effect quite often is that such companies become much stronger as a result and end up being some of the nation’s most successful as well as major employers.
What has been disturbingly absent in discussions about Bain is that since the ’90s, some of America’s top companies were nurtured by VCs; tech giants Google and Cisco come to mind.
“Amy, I’m curious, at GBTV, did you dig down to the fact that Bain Capital, they actually pay fifteen percent carried interest rate as opposed to the rest of Americans who pay 25, 28, or 33 or 35?” asked Shuster.
Newsbusters’ Sheppard:
Actually, Shuster wasn’t being totally accurate. It’s not that VCs and PEs like Bain Capital pay a “fifteen percent carried interest rate.” Instead, their investment gains are typically considered “carried interest” and therefore are only taxed at fifteen percent.
“Well, why not?” interjected Shuster. “Because that was a key part of Bain Capital and that’s a key argument here? And the other thing is, at GBTV, did you get into the fact that Mitt Romney essentially–”
“I’m not going to make this a debate between Current TV and GBTV and your boss and my boss,” said a calm Holmes. “However, the question that Howie asked was did the mainstream media look at what does Bain Capital do, and I would say for the most part, it didn’t, and I think you’d probably agree.”
“Why don‘t we talk about that since that was Howard’s question. Bain Capital engaged in public-private partnerships, for example, the ad that Mitt Romney just ran in South Carolina featuring a steel mill. That steel mill got $37 million from the state of Indiana and subsidies,” said Shuster.
“We did talk about that actually as a matter of fact,” said Holmes. “And we talked about that there were conservative arguments to be made against Bain Capital.”
Holmes and Shuster’s back-and-forth on CNN:
For more of the transcript and Noel Sheppard’s analysis — click here!
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Comments (101)
Brem
Posted on January 15, 2012 at 8:43pmAnother newsflash – democrats are looking into the termination of buggy whip employees and endangered farm animals that Romney’s great great great grandfather might have been responsible for
Report Post »Stuck_in_CA
Posted on January 16, 2012 at 7:30amAmy is FANTASTIC! We all need to keep an open mind, search for the facts. READ THIS:
Froma Harrop: The missing ‘humanity clause’ at Bain
http://www.sunjournal.com/news/columns-analysis/2012/01/14/froma-harrop-missing-humanity-clause-bain/1140206
Something to consider
turkey13
Posted on January 16, 2012 at 9:41amDoesn’t matter who is running come November. It will be on news, twitter and glitter – that person running against obama had sex with a goat and has a prayer rug.
Report Post »nuttyvet
Posted on January 16, 2012 at 9:59amI have a crush on Amy ;)
Report Post »Miami
Posted on January 16, 2012 at 12:35pmDavid Shuster
Is such a hack, MSNbc canned him and that is saying a lot…!
Report Post »rltnspd
Posted on January 16, 2012 at 1:40pmIt’s not just doing the research about Bain or anything else. It‘s about telling the truth about what Bain has been doing throughout it’s business history. Instead, these left wing liberals want to completely lie to the public and tell us that Romney has been destroying business, firing and laying people off while making millions of dollars for himself. The latter is not just an utter fabrication but is a lie which allows people to make a decision about someone which if the truth had been told, the negative decision about the person would not be made. This is a lie which has complete negative results but which the liar should be made to suffer the consequences for his lies! I am disgusted with this type of propaganda! These liberals should be charged with defamation of character instead of the entire incident being swept under the rug as the result of “politics gone wrong”! If the offending party was made to suffer consequences for their actions, they would not do what they did. Take a look at this NEWT! In other words, Shut Your Lying mouth Newt!
Report Post »Jaycen
Posted on January 16, 2012 at 6:28pmAmy rocks. I‘m glad she’s become more directly involved in terms of commentary on GBTV. She’s sharp, and she does her homework.
Report Post »GETLIFE
Posted on January 17, 2012 at 3:56amAmy Holmes was great. Too bad it looks like she works for CNN. Where’s the GBTV/ THE BLAZE newsroom background shot?
Report Post »V-MAN MACE
Posted on January 17, 2012 at 9:14amNeocons are desperate to defend their improprieties in order to maintain an illusion of both fiscal and social conservatism. Too late. Thay’re warmongering liberals, folks. They also support corporate welfare and their own peeve social programs.
Ron Paul doesn’t have these issues. So we could be talking about more poignant and pressing matters that the American people are concerned with, not this neocon BAGGAGE that the media has been focusing on.
Ron Paul 2012.
Interject real issues. Present real solutions. No baggage.
Report Post »UnreconstructedLibertarian
Posted on January 15, 2012 at 8:41pmI really like Amy Holmes. She’s alot sharper on her own two feet than reading from a teleprompter. A quality I’ve come to admire a great deal.
Report Post »Shasta
Posted on January 16, 2012 at 7:33amI thought she was a perfect fit for news anchor with GBTV. However, after seeing this video, I realize she has the potential to do far more and greater things. That is one sharp lady.
Report Post »bpodlesnik
Posted on January 16, 2012 at 9:59amAgreed!
Report Post »patriotteapress
Posted on January 16, 2012 at 7:58pmYeah, I agree. She usually manages to duff a line or two every segment when reading the teleprompter. Unlike our Prez., she’s better at the off the cuff. Can’t wait to watch “Real News.” I think that’s the kind of show that could really launch GBTV.
Report Post »Annika2011
Posted on January 15, 2012 at 8:41pmAmy is terrific- intelligent AND beautiful too.
Report Post »A great role model.
I look forward to the new news @7 on GBTV.
Current and CNN are on the way out.
GBTV has come to save the day!
(Mighty Mouse – “ Here I come to save the day”)
( A little nostalgia.)
912er
Posted on January 15, 2012 at 10:43pmI must apologize to Amy. In a recent post I pleaded that she not be on “The Real News from The Blaze”. Someone responded to my post saying its because she has trouble reading other peoples words. If this clip is any indication of what Amy can do, I can’t wait till Wednesday…
Report Post »Brem
Posted on January 15, 2012 at 8:37pmYou can detect the same mental illness as K.O. has in the guy from Curent TV – what a suprise
Report Post »TurboCat
Posted on January 16, 2012 at 1:04amAnd that mental illness expresses itself in mean-spirited cruelty. The same qualities you find in Wasserman, Pelosi, Hoffa Jr., many of those on msnbc, current t.v. and all the President’s men.
Report Post »SEPARATENOW
Posted on January 16, 2012 at 6:43amDavid Shuster’s previous gig? NPR. What a surprise!
Report Post »Pablo
Posted on January 16, 2012 at 10:08amActually, Schuster last got dumped from MSLSD.
http://tinyurl.com/yezebtw
Report Post »President Rome
Posted on January 15, 2012 at 8:31pmjust my $.02, this shows the difference between a conservative tv guest and your run of the mill liberal hack. Amy actually explains what GBTV did by “digging down/further into what Bain Capital does.” in other words, they read, investigate and learn the facts, then they report. Something which the msm fails to do on a regular basis. Mr. Beck, this woman is an asset.
Report Post »1TrueOne55
Posted on January 15, 2012 at 10:14pmWell it is really worse than the way you make it. It is my opinion that the MSM knows what Bain Capital did and since it does not fit the narrative they have to portray for B.O. Inc. the just don’t talk about that fact. That is more reprehensible than being ignorant of the truth and there is no blood in Heaven or Hell that can wipe that stain from someone’s life record.
Report Post »AmazingGrace8
Posted on January 15, 2012 at 8:29pmAmy’s future way down the road? First female president? She is top-notch!!!
Report Post »ElPzee
Posted on January 15, 2012 at 8:26pmNever thought that GBTV and the BLAZE would be the same as the MSM in blindly supporting Romney.
Report Post »NOBAMA201258
Posted on January 15, 2012 at 8:35pmELPZEE the msm supports Romney? They have been obama’s cheerleaders from the beginning,you were kidding,right?
Report Post »READRIGHTHERE
Posted on January 15, 2012 at 11:11pmNobama,
He is just upset because Paul is not gaining the necessary traction to grab the candidacy. He perceives Romney as the enemy, the MSM as the enemy, and now even Glenn Beck as the enemy. He puts all those ones together and gets 3 squared. Unless he gets what he wants (Paul) then he will pout and lash out, he’ll recite anything negative he can get his hands on and he will repeat already debunked narratives such as The MSM wants Romney, Obama wants to run against Romney, Romney is Obama-lite, etc. ad nauseum. He is behaving like a liberal who doesn’t care about all of the facts, only those that support his opinion.
In fact I am sure that he has already decided that unless Paul gets the nod, he will not be voting in November, because his opinions are so right he‘ll toss out our need fire Obama with the bath water of Romney’s past moderate status.
Of course I may be assuming here, but it seems to fit the recognizable pattern.
Report Post »drago
Posted on January 16, 2012 at 8:48am@Nobama201258
Report Post »Give elpzee a break, thats just encinom off his meds, again…..
dcart888
Posted on January 16, 2012 at 12:04pmIf you don’t like the capitalism system please move to Cuba
Report Post »philipzhao
Posted on January 15, 2012 at 8:09pmAmy is great ! But could you speak a bit slower as I am a non-English viewer ??
Report Post »BetterDays
Posted on January 15, 2012 at 7:57pmCNN is still on air, hm I must overlook it on my guide, my good!
Report Post »Chromo200
Posted on January 15, 2012 at 6:39pm“Amy, I’m curious, at GBTV, did you dig down to the fact that Bain Capital, they actually pay fifteen percent carried interest rate as opposed to the rest of Americans who pay 25, 28, or 33 or 35?” said Shuster.
I don’t remember paying an interest rate greater than 21%, but then maybe GBTV can check into this and I figure make Shuster a lier.
Report Post »BSdetector
Posted on January 16, 2012 at 7:22amMore importantly, what does it matter what they pay? If you don’t what they pay, GO SOMEWHERE ELSE! That’s the beauty of Capitalism.
Report Post »SheriS
Posted on January 15, 2012 at 6:19pmIt is clear from this CNN reporter why no one watches CNN! You asked someone on your show and then you harrass them as you continue to talk over them. How stupid are these stupid people at CNN! Total sham of an organization!
Report Post »audiemurphy
Posted on January 15, 2012 at 6:15pmAmen to all those positive comments about Amy Holmes !:)
Report Post »She is an awesome host and beautiful to boot.
Great combination has it all for TV ! Can’t wait till the new show airs on the 18th.
Good luck .
Glenn
Posted on January 15, 2012 at 6:09pmGuess no one from the media will ever wonder about Obama’s days at Columbia.
Report Post »NOBAMA201258
Posted on January 15, 2012 at 8:32pmGLENN How about obama’s days at Harvard? Heard there were 2or3“men”that got paid for their silence on some kind of homosexual matters. What about shuster’s boss? I read that gore got 500 million to make electric cars in FINLAND,WTF? We will never hear about that in the msm
Report Post »SEPARATENOW
Posted on January 16, 2012 at 6:46amI’m shocked! Shocked to find media bias in the MSM establishment.
Report Post »eddvoss
Posted on January 15, 2012 at 6:05pmIt is about time that someone explains how Capitalism works to these clowns, Great Job Amy.
Report Post »your sensei
Posted on January 15, 2012 at 11:06pmWe know how capitalism works. and we know what greed is, and there’s your problem.
Report Post »michael48
Posted on January 16, 2012 at 12:16pmnon-sense…it’s your problem….and BTW, serfdom will suit you well…
Report Post »dealer@678
Posted on January 15, 2012 at 5:56pmAmy is smart and beautiful. Great combination
Report Post »NOBALONEY
Posted on January 15, 2012 at 5:56pmCNN and Current TV have gone to the dogs! Amy Holmes is super!
Report Post »a.christianpeter
Posted on January 15, 2012 at 5:53pmgood job amy!
Report Post »wow, i didn’t even know al had a network? don’t care either!
truthseekerusa
Posted on January 15, 2012 at 5:34pmI hope many young women will use Amy Holmes as a role model. She makes the old hags appearing on the main stream media news and talk shows look like cookie cutter hasbeens who haven’t had an original thought in decades. All most of them can do is parrot Pelosi and Wasserman. (Exception is Megan Kelly on Fox News.)
I am so pleased Amy will be the moderator for GBTV’s news show starting on Jan. 18. And the frosting on the cake is that the panel will be comprised of staff from the Blaze. Sending them a virtual hug of appreciation for sharing their lives with us along with Glenn and the other staff members.
Report Post »patspeak
Posted on January 15, 2012 at 5:15pmAmy is GBTV Real News. January 18th, I can’t wait to see that hour show. Been with GBTV since its beginning. First week of membership I fired off an e-mail to GBTV and suggested an hour of real news with Amy, Scott, and other editors on the Blaze. Way to go Amy, you win CNN loses again! Other Network and Cable channels with Real News on GBTV.
Report Post »bigfatslob
Posted on January 15, 2012 at 5:05pmHow does that clown from CURRENT tv have the right to be on the same show as Amy. Current tv is the definition of irrelavant.
Report Post »number9
Posted on January 15, 2012 at 4:43pmYou go girl!!!! ( me thinks someone needs a raise ;)
Report Post »P.S- Damn it. I miss Glenn on GBTV. Just bring the damn bed to the set and get on with the show.
P.P.S- Looks like GBTV has made it to the big time, CNN? Really. Congrats!?!
seeker9
Posted on January 15, 2012 at 4:37pmGood grief! They (Bain Capital) complied with the law and paid their legal share of taxes! Why not attack all the liberal tax cheats? Any thing to try to diminish a conservative. And on again with the dog carrier!
Report Post »seeker9
Posted on January 15, 2012 at 4:50pmEach and every American taxpayer is entitled to the 15% tax rate if they choose to invest in capital assests. There is no loophole JUST for the wealthy. Ask Pelosi, and all the other wealthy congressionals who did well financially under an investment friendly administraion. Alas, I forgot, Pelosi can’t tell the truth!
Report Post »ARealCharliesAngel
Posted on January 15, 2012 at 4:37pmGood job, Amy! Ah, those pesky facts just crush a Current TV Clown!!
Report Post »The Eleventh Doctor
Posted on January 15, 2012 at 4:35pmAmy Holmes did a good job dealing with this clown from Current TV. Good job, Amy.
Report Post »dontbotherme
Posted on January 15, 2012 at 4:35pmIt looks to me as if Amy can hold her own. I think she’s had plenty of practice with interruptions working with Glenn. …in a good way… :)
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