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The No-Bain Zone: O'Reilly Sidesteps Romney's Jobs Record

December 19, 2011 10:53 pm ET by Jeremy Holden

Mitt Romney's reported strategy to make nice with Fox News might be paying dividends, especially now that Romney's campaign faces increasing scrutiny over his jobs record while at the helm of leveraged buyout firm Bain Capital.

During an exclusive interview with Romney tonight, Bill O'Reilly simply ignored the issue, asking not one question about the former Massachusetts governor's jobs record during his tenure at Bain. O'Reilly remained silent despite the fact that Romney himself touted his role "leading an organization," and "hiring people" and "firing people."

Watch:

Earlier that day, an Associated Press article had reported on "the human toll" extracted from Bain Capital under Romney's leadership, as plants were closed, employees were fired, and "Bain walked away with millions in profits."

Romney's record wringing profits out of companies through layoffs came under scrutiny during a December 16 GOP candidates debate in Iowa that was moderated by Fox News. Romney foreshadowed what he saw as likely attacks on his record at Bain, saying:

ROMNEY: I think it's a great opportunity for us. Because I think the president is going to level the same attack. He's going to go after me and say, you know, you -- in businesses that you've invested in, they didn't all succeed. Some failed. Some laid people off. And he'll be absolutely right. But if you look at all the businesses we invested in, over 100 different businesses, they added tens of thousands of jobs.

AP's reporting cast down on that narrative, focusing on Bain's late 1980s investment in two companies that became known as the Holson Burnes Group:

A review by The Associated Press of financial and regulatory documents in the case of Holson Burnes contrasts with statements Romney has made during his presidential campaign about his success creating jobs in the private sector. It shows how Bain, then headed by Romney, wrung profits out of the company by slashing costs and trimming its work force.

These questions come to the forefront just as Romney begins to engage the media in what has been described as a Fox-centered strategy. 

As The New York Times reported:

"This is a time for me making my case -- you are going to see me all over the country, particularly in early primary states," Mr. Romney told [Fox News host Neil] Cavuto. "I will be on Fox a lot, because you guys matter when it comes to Republican primary voters. I want them to hear my message and have an opportunity to make their choice."

Mr. Romney has not always had as warm a relationship with Fox News as many of his Republican rivals have, some of whom were Fox News contributors until they began their presidential runs. But there are signs in recent weeks that he has been trying to make nice with the network.

A search of the Nexis database reveals that Romney has granted four Fox News interviews this month. To his credit, Chris Wallace did press Romney on his jobs record at Bain during a recent appearance on Fox News Sunday.But in three other interviews -- conducted by Greta Van Susteren, Neil Cavuto, and O'Reilly -- Romney's days at Bain went unmentioned. 

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    • Author by pete x tp (December 20, 2011 12:33 am ET)
      5  
      From what I've read abut Bain Capital; they sound like the moral equivalent of a firm that buys abandoned houses for salvageable wiring and plumbing then bulldozes said houses so they can sell the land to mysterious "investors".
      Report Abuse
      • Author by Bad News (December 20, 2011 6:29 am ET)
        4 2
        One should never speak of Bill O'Reilly in vain.
        He'll beat you with his Umbrella & then kneel to praise the name of Herman Cain.
        Billo & Bain? "Get Rich or Smear Trying?" Success by any means is how they both reign.
        Moral Equivalent? A Key in a Brandy Glass will get you Bill O'reilly's Wife & she'll be yours to tame.

        Speak truth to power.


        Mr. News
        Report Abuse
      • Author by Egbert Souse (December 20, 2011 9:45 am ET)
        4  
        It's called "vulture capitalism."
        Report Abuse
      • Author by m.welker (December 20, 2011 10:45 am ET)
        1  
        I just realized that the title of this article was "The No-Bain Zone."
        I processed it initially as the No-Brain Zone.
        Report Abuse
    • Author by erieavenue215 (December 20, 2011 1:06 am ET)
      5  
      BILLO, has been in the tank for Romney, since day 1. If you watch him WHENEVER their is criticism of Romney, he ALWAYS gives advice, on how he should handle it, and what the rest of us should do after Romney repeats his "TALKING POINTS." The ONLY thing he cares about, is having his taxes lowered, and keeping 'America "TRADITIONAL,"whatever that means, the same LOADED, CODE WORDS, but hey, he's looking out for the folks.
      Report Abuse
    • Author by Virgil_Kane (December 20, 2011 2:33 am ET)
      6 1
      Romney's only desire in life is to make a profit. Obama, on the other hand, has worked for non-profits and understands that government isn't a business and its main objective is to serve the people, not make a profit.

      The profit motive is the evilest of all motives. Did Romney ever think about the thousands of workers he laid off not being able to feed their families anymore, just so he and his board could make a few million more dollars....where do those millions go? Well they went to quadruple the size of one of Romney's beach houses and a new yacht.
      Report Abuse
      • Author by Chameo (December 20, 2011 10:10 am ET)
        3 1
        Corporations are people, my friends. They are made up of people (like Mitt). When they make money, the money goes into the pockets of people (like Mitt).
        Report Abuse
        • Author by Virgil_Kane (December 21, 2011 12:18 pm ET)
          1 1
          If corporations are people they would be sociopaths. They only care about profits and don't care about people.
          Report Abuse
    • Author by j238 (December 20, 2011 6:08 am ET)
      3  
      Charlie Rose on PBS didn't do much better.
      Report Abuse
    • Author by achrispage6992 (December 20, 2011 7:37 am ET)
      6  
      Mitt Romney has some serious barriers on his quest for the Oval Office. There is video of him proclaiming to be a progressive and video of him proclaiming to be very conservative. There is documentation galore which will show Americans that this is a man with not true character.

      As bad as that is for him, the real 800 lb. gorilla in the room is his religion. The last polls I have seen indicate that a full 23% of Americans simply won't vote for a Mormon. He can forget many in the south, even if he wins the nomination. Many southern evangelicals would rather be water boarded than vote for a Mormon. I've never been supportive of using someone's religon against them, but the GOP needs to understand that a Bishop in the Mormon Church will not sit in the Oval Office anytime soon. I'm going to bet that nearly half of voters don't know Romney's an official in the Mormon church. I'm going to bet that they really don't know much about Mormon dogma. I'm going to bet that once they learn these two things, many won't pull a Romney lever once they close that curtain.
      Report Abuse
      • Author by MickD (December 20, 2011 8:02 am ET)
        3  
        Ideally, if Mitty were to get the nod, a third party candidate would emerge for the hard core right. Hello, split vote...
        Report Abuse
    • Author by Egbert Souse (December 20, 2011 9:48 am ET)
      3  
      Why should O'Reilly be made to embarrass the very rich? Haven't they suffered enough?
      Report Abuse
    • Author by Chameo (December 20, 2011 10:09 am ET)
      2  
      When Mitt Romney spoke his famous "Corporations are people, my friends" line, he was speaking the absolute truth. His next line is truncated, though. He left off the two words that would have made the whole thing make sense. That line was "When corporations make money, that money all goes to people..." he didn't finish it. It should have been "When corporations make money, that money goes to people...LIKE ME"
      Report Abuse
    • Author by draftedin68 (December 20, 2011 12:22 pm ET)
      1  

      Perhaps BO used some of the same "sources" for his interview material that he used for his book about Lincoln.

      Or, he may have read Romney's latest book: History As We Mormons Would Like It To Be.

      In the original pencil.

      Report Abuse
    • Author by little poncho (December 20, 2011 2:51 pm ET)
      3 2
      TAX the rich, and politicans' and the right wing know it all radio and tv puppets'!!!! 90% TAX, WILL BE REALLY GOOD, DO IT FOR AMERICA, DO IT FOR OUR CHILDREN AND GRANCHILDREN!!!!!! the 8 years of the bushie,caused the problems in AMERICA TODAY,NO DOUBT ABOUT IT!!!
      WAKE UP AMERICA, 4 MORE YEARS OF OBAMA WE CAN HANDLE THAT, 8 YEARS OF repugs, AMERICA,NO WAY CAN HANDLE THAT!!!!!!
      Report Abuse
    • Author by little poncho (December 20, 2011 11:29 pm ET)
      1  
      the bushie gravey train was running strong for 8 years, with big tax breaks.. so were oh were are all the jobs. AMERICA got screwed with the big bushie idiot tax breaks..
      wake up middle class.maybe 95%
      tax on the rich would be awesome.. it's time to pay the piper!!!!!!!!!!!
      Report Abuse