May 22, 2012 8:41AM

Flimflammery at the Top

Today POLITICO Arena asks:

Should Dems stop Bain Capital attacks?

My response:

Should Dems stop Bain Capital attacks? Absolutely not, not when they illustrate the utter ignorance of those who make them about how markets work; or worse, the administration’s true underlying agenda — more centralized management of the economy, as with ObamaCare and so much else this administration has foist upon us in just three and a half years.

Politically, of course, the attacks are designed to distract attention from Obama’s dismal economic record. But that won’t last forever, especially if the Romney campaign seizes the opportunity afforded by the attacks as a teaching opportunity. Flimflammery, Obama’s stock in trade, can last only so long. The defenses of Bain Capital that have come from Cory Booker and others are a sign that its end is near as the spotlight shifts to Obama.