Don’t feel bad, Mayor. Galileo understands.

When, I wonder, will the political parties realize that having spokespersons with proven credibility and integrity, who will speak the truth and not embrace cynical, misleading talking points, can only help the parties’ causes? Based on the sad Corey Booker episode, I’m guessing the answer is “Never.”

The Obama campaign, taking its cue from New Gingrich (which itself is disturbing), put out what can only be called an anti-capitalism ad, condemning Mitt Romney’s leadership of  Bain Capital, a private investment firm that acquires companies, streamlines and repairs them to make them profitable, or liquidates them if they are not. The ad relies on breath-taking ignorance of how investment and business creation works, but fits nicely into the Occupy Wall Street mythology. For a President trying, theoretically, to get the economy humming again, it was a stunning example of campaign deceit.

Cory Booker is Newark’s Democratic mayor, a devoted Obama supporter, and like his state’s Republican Governor Chris Cristie, remarkably willing to tell the truth, for someone in his field. On Sunday’s “Meet the Press,” Booker pronounced the Bain ad “nauseating”:

“If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses, to grow businesses. And this [the ad], to me, I’m very uncomfortable with….I have to just say, from a very personal level, I’m not about to sit here and indict private equity. I live in a state where pension funds, unions and other people are investing in companies like Bain Capital.” Continue reading →