The libertarian Republican commentator opines about Democrats and the company: "As Democrats convene Monday in Charlotte, N.C., they likely will double down on their claim that Bain Capital is really the Bain crime family. They will accuse Republican nominee Mitt Romney and Bain’s other 'greedy' co-founders of stealing their winnings, evading taxes and lighting cigars with $100 bills on their yachts. But Democrats will ignore this inconvenient truth: Bain’s private-equity executives have enriched dozens of organizations and millions of individuals in the Democratic base — including some who scream most loudly for President Barack Obama’s re-election. Government-worker pension funds are the chief beneficiaries of Bain’s economic stewardship."
He continues his commentary: "Leading universities have profited from Bain’s expertise. According to Infrastructure Investor, Bain Capital Ventures Fund I, launched in 2001, managed wealth for 'endowments and foundations such as Columbia, Princeton and Yale universities.' The Wall Street Journal’s James Freeman noted July 18 that Harvard 'has also invested with Bain.' Thus, Michelle and Barack Obama’s undergraduate campuses (Princeton and Columbia, respectively) and the university where they earned their law degrees (Harvard) all have enjoyed Bain Capital’s financial prowess."
More: "Major, center-left foundations and cultural establishments also have seen their prospects brighten, thanks to Bain Capital. According to the aforementioned sources, such Bain clients have included the Charles Stewart Mott Foundation, the Doris Duke Foundation, the Metropolitan Museum of Art, the Ford Foundation, the Heinz Endowments and the Oprah Winfrey Foundation."
Deroy Murdock: "Much Of The Democratic Base Can Thank Bain Capital For Their Success"
