Business

Former DNC Chair: Wait, Why Are we Attacking Romney for Being Wealthy?

During a discussion on the president’s proposed extension of the Bush-era tax cuts for people earning less than $250,000 a year, former Democratic National Committee chair Ed Rendell characterized Team Obama’s attacks on Mitt Romney’s wealth as misguided.

“This campaign, coming out of Chicago for the President has emphasized Romney’s wealth and talked about vacationing and how many houses and Swiss bank accounts,” Charlie Rose said on “CBS This Morning.”

“There are some who say that it looks like an attack on the wealthy and that’s not good politics,” he added.

“I think people will remember that FDR and JFK, they were very wealthy people who did a lot to help working people,” Rendell responded. “I think that more importantly is to attack what Mitt Romney has done in his career, the things he did at Bain.”

“The fact that he has money in Swiss bank accounts, that’s more pertinent than it is to just to say that he is wealthy. Big deal that he jetskis or whatever it was he was doing, big deal! People understand that it is a vacation.”

“But I think to draw the contrast of outsourcing and things like that, that’s obviously working,” he added.

Simply put, Rendell believes that, if anything, Team Obama should hit Romney over things he has actually done rather than demonize him for being well-off.

Watch the discussion [via CBS]:

(H/T: Fox Nation) This story has been updated.

Comments (81)

  • South Philly Boy
    Posted on July 9, 2012 at 9:15pm

    One GUN a MONTH Fast Eddie

    Report Post » South Philly Boy  
  • tick-tock2012
    Posted on July 9, 2012 at 8:50pm

    I think Rendell and Michael Steele should have switched teams.

    Report Post »  
  • Verceofreason
    Posted on July 9, 2012 at 8:40pm

    Release your tax returns Mitt so we can see the years – you paid no taxes at all,
    like the bank of America.
    Is THAT what you’re hiding?

    Report Post » Verceofreason  
    • pissantno.10
      Posted on July 9, 2012 at 8:55pm

      like you

      Report Post »  
    • tick-tock2012
      Posted on July 9, 2012 at 9:01pm

      What about Obama’s best friend from G.E. Jeff Immelt, you know, the head of Obama’s Jobs Council…who’s corporation never paid a dime of federal income tax and who was outsourcing jobs to China and India. Who cares about Mitt’s tax returns, at least he isn’t a socialist like your master Obama.

      Report Post »  
    • Inlightofthings
      Posted on July 9, 2012 at 9:58pm

      He‘s released all that’s required….geez doesn’t regurgitating Lib talking points get old VERCE? Get some originality. Ask for some Obama transcripts or his travel in the early 80‘s or somethin’.

      Report Post »  
    • BelindaB
      Posted on July 9, 2012 at 9:59pm

      obama should be showing his college transcripts, so we can SEE who paid for his colege *******.

      Report Post »  
    • historyguy48
      Posted on July 9, 2012 at 10:03pm

      Comrade Tick Tock. What Romney needs is a very simple sign in red that says “Vote for Romney, at least he’s not a Communist!
      It‘s a shame he doesn’t have the stones to do that! I can picture the “media outrage” which would give him plenty of opportunity to tell the idiots that don’t know what Dear Leader is what he is!
      If he doesn’t take the gloves off and start knocking this bum around, he will lose! Now that’s a scary thought!

      Report Post » historyguy48  
    • BelindaB
      Posted on July 9, 2012 at 10:04pm

      Look you POS…When obama releases his Birth certificate, His COLLEGE transcripts, his Social Security Number (which is FRAUDULANT) …Where he gets HIS money…since he has NEVER held a true JOB.. UNTIL obama comes up with ALL his information, that by the way, he made a law to HIDE IT…DON’T BE ASKING REAL AMERICANS FOR ANYTHING…You Have NO RIGHT!

      Report Post »  
    • BelindaB
      Posted on July 9, 2012 at 10:05pm

      Let’s SEE OBAMA BOY”S RECORDS…ALL of them!!!! FIRST!

      Report Post »  
    • BelindaB
      Posted on July 9, 2012 at 10:08pm

      I don’t know where YOU get off demanding Romney to show ANYTHING…when the DIRTY muslim in America’s WhiteHouse made a LAW TO HIDE ALL OF HIS INFORMATION…??? ARE YOU INSANE???
      OR, are you just REALLY STUPID??

      Report Post »  
    • Cadcamtrainer
      Posted on July 9, 2012 at 10:24pm

      If his taxes are not released, how do YOU know that he didn’t pay taxes? How do YOU know that he cheated. Are YOU his CPA. No you are a liberal troll. That is what you are. And it is all Bush’ fault that you are a troll…

      Report Post »  
    • Dream33
      Posted on July 9, 2012 at 11:25pm

      I think he should release his tax ,48 seconds after obama unseals his records .I t is not fair to make Mitt do it while the boy gets a pass.

      Report Post »  
    • Crazy Times
      Posted on July 10, 2012 at 12:54am

      @ Verceoreason

      Who do you think your kidding?

      Report Post » Crazy Times  
    • a capitalistpig
      Posted on July 10, 2012 at 2:29am

      I dont care what Romney does with his money.But I do care what Obama does with mine!

      Report Post » a capitalistpig  
    • myway2112
      Posted on July 10, 2012 at 8:14am

      He already did release his tax returns if you remember correctly. I remember a time in this country when we aspired to make opportunity, to reward good hard work. But what do we have now? a bunch of sniveling , creepy little turds walking around whining because someone else makes more money than them. Shame on you.

      Report Post »  
    • Doctor MD
      Posted on July 10, 2012 at 12:39pm

      Lol. ahh You are an idiot,,lmfao

      Report Post »  
    • Zac
      Posted on July 10, 2012 at 1:00pm

      I think we are all looking at this from the wrong point of view. There is a difference between tax evasion and tax avoidance. It is within every persons legal right to avoid paying the most taxes they possibly can. As long as they do not break tax law in doing so. Once you cross they line of knowingly breaking the law you are criminal and should be treated as such. (If unknowingly breaking the law does not negate penalties from breaking the law regardless.) If you make tons of money or very little and you legally pay no taxes then it is not a crime. If we as an American people feel that he is unethical for doing so and enough people agree then they will close the loophole. Until then it is not against the law to be both wealthy and not paying taxes.If you want to pay more in taxes that is your choice to do so. My opinion is that would be money better spent in investing and growing the economy at this point.

      Report Post »  
    • IIIcorp
      Posted on July 10, 2012 at 3:54pm

      Mitt should release his tax forms when Obama releases all his hidden records, school, birthcertificate, draft, ss application.

      Report Post »  
  • Patriot Z
    Posted on July 9, 2012 at 8:38pm

    i say examine both lives. use his bain capiatal experience and it will show that he know how things work. . not saying he may or may not have done things better, but at least he does have experience in economics and wealth creation. Obama does not. I want obama to bring up everything from romney. Why because then if romneys camp can grow a set of ballz then can turn around and use Obamas extensivly horrid past against him. I want the vetting, but We need romnet to be smart enough and bold enough to use it to win. playing nice will not work. sorry alls fair in love, war, and politics and if romney dosent do it you can be sure that obama will

    Report Post » Patriot Z  
  • spirited
    Posted on July 9, 2012 at 8:31pm

    So, wealth is a problem –eh?

    Jarret gave O his running start.
    Kerry brought O onto the main stage.
    Kennedy tugged O’s belt.
    Oprah…., she sold her soul/lost herself for the O.

    Liberal looters need to be outed and ousted; perhaps, some Martha Stewart time for the lot of them will come. “Lipstick on a pig, is still a pig”, as Obamboozler said.

    Go after Mitt’s Money; fine.

    Romney:
    Double-space after the “R” ~~> R omney
    Put the “m” in front of the “o” ~~> money

    What does it mean?
    $^> Real money

    Report Post » spirited  
  • lylejk
    Posted on July 9, 2012 at 8:17pm

    Ed, Edward, Eddy; don‘t you know that there really isn’t such a thing as a moderate Democrat anymore not to mention Conservative Democrat. Even Dick Morris realized that there was no such thing as a Conservsative Democrat anymore. lol

    As a side note, I’m not a Republican. I’m from the South and always considered myself a Conservative Democrat, but Jimmy Carter proved to me that there was no such thing anymore. Last Democrat I voted for was Richard Shelby and guess what party he’s in now. There are only levels of left wing idiologues in the Democrat Party now. Right now, I’m just a Independent Conservative. Voted Ross Perot and Michael Peroutka in past elections, but this election, I’ll be pinching hard once again (did so for McCain too) since I knew then and many more knows now that BO don’t know and gotta go (Auburn guys will appreciate what I just typed. lol). :)

    Report Post » lylejk  
  • tommyg524
    Posted on July 9, 2012 at 7:59pm

    how you lost your home:
    http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/#a

    Report Post »  
    • MODEL82A1
      Posted on July 9, 2012 at 8:08pm

      Your sourcing of PBS disqualifies you. Sorry, try again later.

      Report Post » MODEL82A1  
    • Depressed_American
      Posted on July 9, 2012 at 8:59pm

      Why don’t you reference a neutral news site, instead of one who has their noses burried up to their shoulders in the Pres’s behind……

      Report Post » Depressed_American  
  • Stu D. Baker-Hawk
    Posted on July 9, 2012 at 7:58pm

    To Rendell I say, “Shut up!”

    To Team Obama I say, “Keep on doin‘ what you’re doin’!” (”Cuz you’re digging yourselves a hole so deep, it’ll be impossible to climb out of come November!”)

    Report Post »  
    • oneshiner
      Posted on July 9, 2012 at 8:20pm

      Wealth ENVY is what it’s about. Lots of very wealthy people in government and that’s ok, but because Romney made his money on his own, it’s a sin?
      They are still common people in so many ways. When they’re together, you can see the love Ann and Mitt have for each other…… Adoration!
      It’s ok that pelosi has lots of money and still robs the American people for her travels to & from San Fran., plus she charges $100,000 for her bar & snacks on the airplane. And this is fine with you, but you jump all over Romney for being successful? You people are idiots. It’s what people stand for, not the wealth.

      Report Post »  
  • FloridaFarmGirl
    Posted on July 9, 2012 at 7:58pm

    Who will be left to pay the bills for this country when the wealthy and job creators are gone? Obama and the Democrats make no common sense.

    Report Post »  
  • macpappy
    Posted on July 9, 2012 at 7:48pm

    If Fox did not give DWS time, she would get none at all.

    Report Post » macpappy  
  • progressiveslayer
    Posted on July 9, 2012 at 7:40pm

    Yes let’s examine Mitts life with a microscope while the jackal in chief gets a pass from the fawning press.Democrats,‘reporters’ and pedophiles,which one doesn’t belong? They’re all the same lying thieving rotten and vile the lot of them.

    Report Post » progressiveslayer  
    • Crazy Times
      Posted on July 10, 2012 at 1:08am

      I’ll throw this one out… you know the stories that Obama is trailing Romney in Campaign funds…

      .. what if that was a lie?

      think about it… They can’t have the presidient look like he is out funding “wealthy” Mitt, and second, He’s trying to go for the underdog status… remember how he was championed by the press in 08 for comming behind and beating Clinton?

      Report Post » Crazy Times  
  • Detroit paperboy
    Posted on July 9, 2012 at 7:35pm

    So Rendell thinks they should attack Romney for what he did in his career …… And what was obamas career again ???? Slips my mind at the moment, but what job did he have again as a teenager ? Hmmmm, and why doesnt anyone remember him from His 2 years at Columbia , including the freakin professors, and his publisher claims he was born in Kenya , and he claims he was born in Hawaii, but his SS# is from Connecticut… And what Madrasa did he study at in Indonesia again ? …. And who was his mentors, frank marshall whoever, rev wright, bill ayers, tony rezko? …………. And why did 3 open homosexuals with ties to obama from wrights church get murdered ? Even their parents are speaking out !!! But yes, Romney once bullied a kid in fourth grade………….

    Report Post »  
  • kaydeebeau
    Posted on July 9, 2012 at 7:27pm

    O wants to bring up vacations? Really? At least Romney paid for his own and didn’t send me the bill like O does every pay day I have.

    I resent the fact that they are trying to somehow imply that Romeny has money due to some nefarious method rather than real earnings. If I had bunches of money, I would be finding ways to shelter it from the government too.

    Or maybe I should just do what 47% of the population does to “shelter” their income – they don’t work and just take part of my incomee. (retirees on SS – don’t mean to throw you in that pool as freeloaders)

    I have more sympathy for Romney’s so called “shelters” he at least paid taxes (and quite a lot of taxes) which is more than I can say for the 47% who are free-loading takers.

    Report Post » kaydeebeau  
  • swenk
    Posted on July 9, 2012 at 7:24pm

    Why attacking Romney’s wealth? Well that was their whole game plan starting way back with the Occupy protest. The progressives had expected the occupy to take off like the tea party did and turn into a real grass roots conviction about the 99 vs 1% and that my friends was their major campaign strategy… to attack romney as the 1% and have the “99%” against him…
    Well as we all know the occupy movement imploded but the dem‘s just don’t have any other plan in place…. That‘s why they are attacking Romney’s wealth.

    Report Post »  
  • Mutiny
    Posted on July 9, 2012 at 7:22pm

    Because the Democrats are dumb. They will wise up and hit Romney with the real attacks later. Romney is too busy stumbling over things like immigration and Obama/Romney care crap.

    Seriously before the primary season started I thought there is no way Obama could win. Now that I see how stupid the GOP is, I dont see how Romney can win. Romney is the worst candidate the GOP could have possibly put up against Obama.

    I blame talk radio and Fox. This loss is on them.

    Report Post » Mutiny  
    • DEMOCRATS.ARE.EVIL
      Posted on July 9, 2012 at 7:27pm

      And just what ARE the “real attacks”? They’ve already attacked his hair, his kids, his wife, his dog, his business, his time as Governor and his religion. Maybe you mean his sense of style?

      Report Post » DEMOCRATS.ARE.EVIL  
    • Simonne
      Posted on July 9, 2012 at 8:05pm

      If Santorum or Newt would have gotten the nomination, they would be way down in the polls. Newt had too much baggage & Santorum was no fiscal conservative & was so far right on social issues that independents would never vote for him. Romney was doing well & is still doing ok. He is taking a hit from all Obama’s lies & Romney hasn’t responded. Their strategy seems to let Obama spend his money now & he will attack him later when more people are paying attention. I hope it works but I don’t know. I read he feels that is what he did wrong in 08, spent too much of his money too soon.

      Report Post »  
    • spirited
      Posted on July 9, 2012 at 8:14pm

      …and don’t forget his whiteness –lol.

      Report Post » spirited  
    • therealconservative
      Posted on July 9, 2012 at 8:31pm

      @Mutiny

      Yet your leader Wrong Paul couldn’t beat Romney.

      Report Post » therealconservative  
    • justangry
      Posted on July 10, 2012 at 9:15am

      @Democratsareevil, Most of the real attacks on Romney will not be used by the Obama administration because he also supports them. You know wealth DISTRIBUTION (theft) through the Federal Reserve, a total disregard for our tradition of liberty, the Consitution and our sovereignty (Bilderberg…) The federal government’s role in bailouts, gun control… on and on. One legit argument the left will use, and they’ve already started, is Romney’s tough guy stance, though he cowered in gay Paris while real men were killing an dying. I posted several times, that Romney has surrouned himself with the monsters that got us into Iraq based on lies. I mean good luck with that. If you don‘t recall part of the reason so many independents flocked to Obama in 08 was because of Bush’s warmongering.

      Report Post » justangry  
    • Dismayed Veteran
      Posted on July 10, 2012 at 10:39am

      I do think it is time for Romney to give Obama a cojones shot.

      Report Post » Dismayed Veteran  
  • ropati
    Posted on July 9, 2012 at 7:22pm

    Attacking the rich is all they have.

    Report Post »  
  • Enchanted
    Posted on July 9, 2012 at 7:20pm

    Depressed_American. you are absolutely correct along with rampant voter fraud.

    Report Post »  
  • JUSTANOTHEROPINION
    Posted on July 9, 2012 at 7:18pm

    The truth real truth is Obama should quit frankly run for Dogcatcher in DC, he’d have a better chance at winning and not embarassing himself and his family any more than he already has.

    Report Post »  
  • snapperman
    Posted on July 9, 2012 at 7:16pm

    I live in PA. Rendell is a smart politician – and he’s not a socialist.

    Report Post »  
    • JACKTHETOAD
      Posted on July 10, 2012 at 1:35am

      Me, too. And I’d like to bury the hatchet…(a smart politician don‘t mean he ain’t a d-bag!) I LOVE DEMS!

      Report Post » JACKTHETOAD  
  • DEMOCRATS.ARE.EVIL
    Posted on July 9, 2012 at 7:16pm

    How soon Democrats have forgotten the fabulously wealthy John F. Kerry, who, by the way, served in Vietnam. Rendell’s right, their biggest heroes, FDR and JFK, were gazillionaires. It’s a mental disorder.

    Report Post » DEMOCRATS.ARE.EVIL  
    • football lady
      Posted on July 9, 2012 at 7:24pm

      They have selective memories and mental disorders.

      Report Post »  
    • Goldi
      Posted on July 9, 2012 at 7:32pm

      And by the way, Romney made his wealth, kerry inherited from a wife (who after being married to a real man, must die when she thinks of her current husband) and JFK inherited his!
      Kerry also docked his boat in another state so he didn’t have to pay Mass taxes on it.

      Report Post »  
    • TheBurningTruth
      Posted on July 9, 2012 at 7:51pm

      What is really funny is that these Demoncrats’ families (FDR and JFK in particular) made their fortunes in very questionable ways. Ways that the today’s Demoncrats would abhor. One of the ways that FDR’s family made their bucks was to buy up land (Manhattan being one area) during the depression of 1837. Imagine a Republican doing that today? They’d be roasted as “stealing from the little guy!”

      JFK’s old man made their money through insider trading and manipulation of the stock market pre-1929. Some of his tricks and trades contributed to the 1929 crash as he manipulated stocks to take big profits. He later “joined” the govt in helping close down all those loopholes. What he really did was to close the door AFTER he’d raked of his millions.

      Never mind Kerry that simply married his money…

      So, Romney actually EARNED his wealth, and I can respect that.

      Report Post » TheBurningTruth  
    • barber2
      Posted on July 9, 2012 at 8:36pm

      The present Democrats count on their base of angry , resentful, losers to be ignorant so of history that they probably don’t know anything about FDR , JFK, or Kerry. The rest of their base is comprised of the young no competition “scholars” who have been brainwashed by their Far Left professors who “occupy” most American universities. Even Obama was influenced by Marxists. And Hawaii is a hot bed of anti “ colonialism” ( anti Dole/ anti Americanism ) which is what Obama’s African dad was so angry about. Am apple which did not fall far from his male tree. Grandma went under the bus. Pretty transparent.

      Report Post »  
  • RJJinGadsden
    Posted on July 9, 2012 at 7:15pm

    I see another trip to the woodshed. For that matter Ed, you may consider hiring a food taster too.

    Report Post » RJJinGadsden  
  • MODEL82A1
    Posted on July 9, 2012 at 7:11pm

    Fast Eddy’s sense of self-preservation is keen indeed. He certainly wants to avoid any real scrutiny of his personal finances.

    Report Post » MODEL82A1  
  • CanteenBoy
    Posted on July 9, 2012 at 7:05pm

    Duh.

    Report Post » CanteenBoy  
  • Depressed_American
    Posted on July 9, 2012 at 7:02pm

    Because President Obama and his Democrat Lackeys want to divide this country. The Rich against the Poor, Blacks against the Whites, Communists against the Capitalist. Americans against Americans. A divided country is the ONLY WAY Obama can stand any chance of getting re-elected!!!

    Report Post » Depressed_American  
  • frogg
    Posted on July 9, 2012 at 7:01pm

    The Dems are so SICK! They need to be voted out of power for the next 50 years! They have no idea about what this country stands for! Vote the BUMS out in November! Please, Pretty PLEASE!!!!!!!!

    Report Post » frogg  
    • MBA
      Posted on July 9, 2012 at 7:16pm

      No one ever needs to vote for an unAmerican, whacko communist pretending to be democrat ever again. If these people want communism–move to North Korea. Kim whacko will give them what they want–no food, forced labor, enough communism to make obamy, pelosi and harry happy.

      Report Post »  
    • Al J Zira
      Posted on July 9, 2012 at 7:21pm

      Unfortunately, those people exist on both sides of the isle. I would like to see anyone, democrat or republican, that acts progressive and serves him or her self to get canned. It’s the only way to make this country great again.

      Report Post » Al J Zira  
    • barber2
      Posted on July 9, 2012 at 8:09pm

      MBA: Agree. Never thought I’d live to see that day when an American election boiled down to capitalism versus ” anti-capitalism”…..or whatever Karl Marx Obama and his Merry Band of Democrats want to call “it. ” JFK must be twirling. NoBama 2012. No Democrat 2012.

      Report Post »  

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