Author Topic: Cory Booker - Obama attacks on Bain Capitol as nauseating.  (Read 7393 times)

Soul Crusher

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #25 on: May 22, 2012, 11:48:39 AM »
Former venture capitalist Sen. Warner defends Bain


byCharlie Spiering Commentary Staff Writer

 


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This morning on MSNBC, former venture capitalist Sen. Mark Warner D-Va. admitted that Bain Capital was "very successful" and "did what they were supposed to do."
 
When asked about whether attacks on private equity were fair, Warner said that he was "proud" of his previous career in the private sector but noted that public service required a "different skill set."
 
"Bain Capital was a very successful business. They got a good return for their investors. That is what they were supposed to do," Warner said.
 
Warner, is the founder of Columbia Capital Corp. in Alexandria, Va. which made him a multi-millionaire before he ran for Virginia governor. In spite of some early presidential buzz for the Democratic primary in 2008, he ran and won a race for the U.S. Senate.

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #26 on: May 22, 2012, 01:16:37 PM »

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #27 on: May 22, 2012, 01:27:04 PM »

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #28 on: May 22, 2012, 01:52:08 PM »
you cnut flaps suddenly love van jones again.

I love how he's a non-credible nutbag when he wants to know why we didn't test 911 pools of molten metal for explosives...

but whenever he attacks obama, he's a reasonable thinker.   

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #31 on: May 22, 2012, 08:59:45 PM »
Did You Know That Obama’s Blackstone Backers Laid Off Over 800 People? Beck Explains
The Blaze ^ | 5/22/12 | Glenn Beck
Posted on May 22, 2012 11:45:07 PM EDT by Nachum

Ironically, despite making Mitt Romney’s former company Bain Capital and other private equity firms the target of its latest attack, the Obama campaign held a near-$36,000 per plate fundraising dinner at the home of Tony James, president of the nation’s largest private equity firm, Blackstone Group. Citing the president’s latest Romney-hit-piece, Glenn Beck blasted the hypocrisy shown by the president when it comes to private equity firms.

Obama’s condemnation of private equity hinges on the familiar narrative that the industry is renown for commandeering companies and slashing jobs, leaving untold numbers jobless — which is why it is doubly ironic that Blackstone has done just that. In August of 2006, just two months after closing the deal to purchase Travelport Ltd., Blackstone Group fired “scores of employees,” who, according to the Wall Street Journal, were “lugging boxes of personal belongings to their cars.” Blackstone laid of 841 employees, or 10% of Travelport’s workforce, and recouped its investment almost immediately.

Beck reviewed a mere fraction of the employees who lost their jobs and have suffered dire consequences as a result of Blackstone’s buyout.

Watch below as Beck dissects President Obama’s latest fact versus fictional reality.

One interesting point to note is that in contrast to staunch Obama supporter James, his boss, Stephen Schwarzman, is in fact an avid Romney-supporter, and has been an outspoken critic of Obama’s economic policies and routine vilification of private equity.

(Excerpt) Read more at theblaze.com ...

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #32 on: May 23, 2012, 03:34:04 AM »
Democrats balk at Obama campaign’s sustained attack on Bain Capital ('move forward')
The Hill ^ | 5/22/12 | Cameron Joseph
Posted on May 23, 2012 5:22:50 AM EDT by Libloather

Democrats balk at Obama campaign’s sustained attack on Bain Capital
By Cameron Joseph - 05/22/12 08:35 PM ET

Some influential Democrats on and off Capitol Hill are refusing to give President Obama political cover for his attacks on Mitt Romney’s record at Bain Capital.

Despite pushback from more than a half-dozen Democrats, the Obama campaign on Tuesday defended how it has scrutinized Romney’s business background.

Sen. Dianne Feinstein (D-Calif.), a widely respected member of Congress, stopped short of criticizing the president, but made it clear that the campaign should pivot.

“It’s done,” she said. “Go on to other things now.”

Sen. Chris Coons (D-Del.) told The Hill, “I think the average American … hopes that this campaign will focus on competing visions for how to strengthen our economy, help create jobs and move the country forward.”

Pressed on whether he thought Obama’s campaign had operated within those guidelines, Coons paused.

“I’m not going to comment on President Obama’s ad,” he said, shaking his head vigorously.

Coons and Feinstein are not alone. Other Democrats who are less than enthusiastic to Obama’s Bain ad include former Pennsylvania Gov. Ed Rendell, ex-Rep. Harold Ford Jr. (Tenn.) and Newark, N.J., Mayor Cory Booker. Rendell called negative ads “disappointing,” while Booker called the specific ad “nauseating.”

Those negative reviews fit with the GOP’s playbook of portraying Obama as one of the most polarizing presidents. But Democratic operatives say Obama’s 2012 campaign tactics must be different than 2008, when he ran on the slogan of hope and change. Drawing a contrast between the president and Romney is the key to winning a second term, they maintain.

While Obama’s campaign is not retreating, the White House was put on the defensive Tuesday, less than 24 hours after Obama said Romney’s private-sector experience was “what this campaign is going to be about.”

During the White House briefing, press secretary Jay Carney faced a string of questions on the issue.

Romney is “running as a businessman who can do for America what he did for private equity,” Carney told reporters. “I think Americans would expect that credential deserves some scrutiny.”

The comments echoed those made by other senior administration officials on Tuesday who said that Romney hasn’t been touting his record as governor but highlighting his experience as an industry executive in an election where the economy has taken center stage.

The senior administration officials said that while people on MSNBC’s “Morning Joe” set might have a problem with their handling of Romney’s business background, voters think it’s highly relevant.

Senate Majority Leader Harry Reid (D-Nev.) on Tuesday backed the president up, saying, “I believe that Gov. Romney, who holds himself out to be this great businessman, should have his record looked at. I have no problem with this.”

Other Democrats also defended Obama. Senate Budget Committee Chairman Kent Conrad (D-N.D.) said Bain was “absolutely a legitimate focus.” Sen. Robert Menendez (D-N.J.) made similar comments.

In an indication of how rocky the day was for Obama, however, one surrogate for the president generated controversy in his defense of the ad against Romney.

Rep. James Clyburn (S.C.), the third-ranking House Democrat, said Romney’s business practices amounted to “raping companies and leaving them in debt” for his own profit.

The Obama campaign quickly distanced itself from those remarks, telling media outlets it “strongly disagrees with Congressman Clyburn’s choice of words — they have no place in this conversation.”

With less than six months to go before the election, both parties are focusing intently on fundraising. Some Democrats are privately worried that Obama’s effort to highlight Bain will scare off big donors.

The Hill reported earlier this year that over the last three cycles, Democrats have accepted far more than the GOP in political donations from executives at Bain Capital.

While Obama’s team has presumably accepted a possible fundraising backlash from private-equity donors, many congressional Democrats don’t want that well to dry up.

Over the last several weeks, Democratic lawmakers have noted that Obama’s campaign has not yet committed to transferring money to Democratic congressional campaign committees.

When a reporter on Tuesday asked Carney if it was hypocritical for Obama to rip his opponent while holding Wall Street fundraisers for his campaign, Carney responded that “those individuals are not running for president.”

Romney has pushed back hard, claiming that Obama is demonizing the private sector. His campaign sent around edited clips of Booker, Ford and former Obama auto czar Steve Rattner, who all indicated Obama had crossed the line.

It also sent out a clip of Sen. Mark Warner (D-Va.) saying Bain was “a very successful business.” But it didn’t include his next comment that public service requires a “different skill set” and that Romney’s time at Bain is “a valid topic of debate.”

Warner told The Hill that the release showed “a pattern of the Romney campaign [using] partial quotes.” Warner, who made millions of dollars in the telecommunications industry, walked away before he could be asked any follow-up questions.

Rendell on Tuesday said he thought Romney’s time at Bain is fair game. But if it were his campaign, Rendell added, he would have crunched the numbers and found out if Romney created or lost more jobs at Bain.

“I would’ve run the ad, but I would’ve run it a little differently, and I would’ve tried to get the net number before — that’s the key,” he said.

Following his Sunday appearance on NBC’s “Meet the Press,” Booker walked his comments back. He also cried foul about being used by Romney’s campaign, saying GOP officials were “plucking sound bites out of that interview to manipulate them in a cynical manner.”

Ford said he agreed “with the core” of Booker’s original statements. Former Rep. Artur Davis (D-Ala.), who regularly rebukes his party and has spoken of joining the GOP, said the ad followed “a lazy, sloppy trend of discrediting professions instead on focusing on how a given professional carried out his ethical responsibilities.”


garebear

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #33 on: May 23, 2012, 03:40:31 AM »
So, what are your plans for today?

Oh wait, I think I can guess.

Seriously, you do this shit for 18 hours a day, every day.

There is no way you have a job, girlfriend or work out. Ever.
G

Soul Crusher

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #34 on: May 23, 2012, 08:44:14 AM »
Obama Says Private Investment is Bad For The U.S. Economy (What a Moron!!!)
 Townhall.com ^ | May 23, 2012 | Donald Lambro

Posted on Wednesday, May 23, 2012 11:22:54 AM by Kaslin

WASHINGTON - President Obama's anti-capitalism attacks on Mitt Romney's long career as an investor who bankrolled businesses and created jobs isn't playing well in some Democratic circles.

Indeed, the Democratic backlash Obama's campaign has been getting about its ads attacking Bain Capital, Romney's venture capital investment firm, is the political equivalent of a "man bites dog" story.

Newark Mayor Cory Booker, a close ally of Obama and a rising star in the Democratic party, called Obama's ads "nauseating to the American people."

Former Tennessee Rep. Harold Ford Jr., another party leader who once headed the centrist-leaning Democratic Leadership Council, said he agreed "with the core of" Booker's remarks defending Bain Capital's numerous success stories.

"Private equity's not a bad thing. As a matter of fact, private equity is a good thing in many, many instances," Ford said on MSNBC's "Morning Joe."

Even one of Obama's own economic advisers winced at the sorry spectacle of the president's campaign trying to argue that Romney's private capital investment company has been bad for the economy.

"I don't think there's anything Bain Capital did that they need to be embarrassed about," said Steven Rattner, who was the Obama administration's car czar and one of the president's economic advisers.

To the contrary, what Rattner and others seem to be suggesting is that Obama ought to be embarrassed by ads that are attacking private investment that is the mother's milk of business expansion and job creation.

"I have to just say from a very personal level, I'm not about to sit here and indict private equity [investment]," Booker said on Sunday's Meet The Press when David Gregory asked him about Obama's ad.

The TV ad singles out one of Bain Capital's investments in an Indiana steel company that ended up laying off 250 workers, but says nothing of dozens of companies Bain invested in that ended up creating thousands of jobs.

In the ad, a laid off worker at the plant calls Romney a "job destroyer."

Booker suggested this kind of sleazy distortion is both dishonest and reprehensible.

"If you look at the totality of Bain Capital's record, they've done a lot to support businesses, to grow businesses," Booker said. "And this [Obama's attack ad], to me, I'm very uncomfortable with."

"This kind of stuff is nauseating to me on both sides. It's nauseating to the American public. Enough is enough. Stop attacking private equity," he said.

Soon after Booker condemned the ad, the president's chief campaign strategist David Axelrod must have come down on him like a ton of bricks: Shortly after that, Booker released a hastily-made You- Tube statement to "clarify" his remarks and reiterate his support for Obama, though he stood by his earlier comments.

Speaking at the end of the NATO Summit in Chicago, Obama responded with a confused statement that said private equity investing in the economy was "not always going to be a good thing for businesses or communities or workers."

His position grew even more entangled as he talked with reporters, saying, "When you're president, as opposed to the head of a private-equity firm...your job is to think about how those communities can start creating clusters so that they can attract new businesses." Huh?

In Obama's government-centered world, private venture capital is okay up to a point, as long as the investors don't make too much money and aren't too successful. Profit's okay, but only up to a point.

He wants the middle class to do well, but does not see the role that people with risk-taking capital play in building job opportunities for economic advancement at all income levels.

His anti-capitalism ad focuses on one of Bain Capital's failures as if this proves that Bain Capital's investments were not a good thing for the overall economy. But failure can be a byproduct of risk- taking which is what made our country the greatest economy in the world.

Henry Ford's first car company went out of business in 1908 before he invented the manufacturing assembly line that put automobiles with the reach of average Americans.

R. H. Macy weathered repeated failure in his retail career before he succeeded. Something on the order of half of all new businesses fail. But most try again and many succeed.

Obama should know something about failure. Several of the "clean energy" firms he invested went bankrupt. But in his case, the taxpayers had to pick up the tab. When a private equity firm's investment fails, it usually comes out of the investors' pockets.

One of Obama's biggest bankruptcies -- the solar panel company Solyndra -- cost taxpayers half a billion dollars.

This election is going to be decided by the economy and the jobs picture, both of which remain weak. The Gallup Poll has Obama and Romney tied in a dead heat, and the Washington Post poll has them on who can best fix the economy.

Last week, the Bureau of Labor Statistics released a state-by- state report on the nation's high unemployment levels. The national news media ignored the story, but BLS said that "Just 16 states have seen job growth since President Obama took office," Investors Business Daily reported.

"The remaining states have lost a combined 1.4 million jobs since January 2009. Even 34 months after the recession officially ended in June 2009, there are still 11 states that have fewer people people working now than at the start of the recovery," IBD said.

Meantime, Obama really believes he can win a second term by trying to convince enough Americans that more private investment in our economy is "not always going to be good for businesss" or new job creation.

Think about that, for a moment.


Soul Crusher

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #35 on: May 23, 2012, 12:16:40 PM »
"No, they’re not a bad company," Gov. Deval Patrick (D-Mass.) said about Bain Capital on CNN tonight. "Nobody is saying they are, including the president. You know, it's a remarkable thing. If you take a little step back to watch how good the Republicans are good at changing the subject."
 
"This is not about Bain. It’s not about private equity in general. It's about a guy who is holding himself out to be a job creator, whose record is fair game at doing that," Gov. Patrick tells CNN's John King.



whork

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #36 on: May 25, 2012, 03:12:03 PM »
So, what are your plans for today?

Oh wait, I think I can guess.

Seriously, you do this shit for 18 hours a day, every day.

There is no way you have a job, girlfriend or work out. Ever.

We all know this dont kick the guy when he is lying down

Soul Crusher

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #37 on: June 08, 2012, 03:10:54 AM »
Skip to comments.

Bam on Cory: ‘He’s dead to us’
nypost.com ^ | June 8, 2012 | JOSH MARGOLIN
Posted on June 8, 2012 1:16:14 AM EDT by Free ThinkerNY

It’s bye-bye, Beltway for Cory Booker.

Newark’s mayor, who was gunning for a spot in President Obama’s Cabinet, lost the chance after he shot his mouth off during a blunderingly honest TV appearance last month, sources told The Post.

“He’s dead to us,” one ranking administration official said of the prevailing feelings at the White House and Obama headquarters in Chicago.

Booker had been angling for the housing secretary gig in a second Obama term, according to sources in the administration and close to the mayor.

The job was certainly a possibility, given Booker’s work in New Jersey’s biggest city, according to administration and Democratic Party sources.

Thinking highly of Booker, Obama’s campaign asked him to appear on “Meet the Press” on May 20 to act as a mouthpiece, but he proceeded to eviscerate one of the president’s key campaign themes.

Booker told a national TV audience the president’s attacks on Mitt Romney’s record at private-equity firm Bain Capital were “nauseating” and made him “very uncomfortable.”

“I have to just say from a very personal level, I’m not about to sit here and indict private equity,” said Booker, a rising Democratic star tapped by the president’s campaign as a “surrogate” speaker for Obama. “If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses.”

(Excerpt) Read more at nypost.com ...

garebear

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #38 on: June 09, 2012, 04:18:05 AM »
So what are your weekend plans?

G

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #39 on: June 09, 2012, 04:20:22 AM »
So what are your weekend plans?



Troll.   


Landslide coming.   Gaybama going down further than Michelle on Ellen.

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #40 on: June 09, 2012, 04:23:08 PM »
Skip to comments.

Bam on Cory: ‘He’s dead to us’
nypost.com ^ | June 8, 2012 | JOSH MARGOLIN
Posted on June 8, 2012 1:16:14 AM EDT by Free ThinkerNY

It’s bye-bye, Beltway for Cory Booker.

Newark’s mayor, who was gunning for a spot in President Obama’s Cabinet, lost the chance after he shot his mouth off during a blunderingly honest TV appearance last month, sources told The Post.

“He’s dead to us,” one ranking administration official said of the prevailing feelings at the White House and Obama headquarters in Chicago.

Booker had been angling for the housing secretary gig in a second Obama term, according to sources in the administration and close to the mayor.

The job was certainly a possibility, given Booker’s work in New Jersey’s biggest city, according to administration and Democratic Party sources.

Thinking highly of Booker, Obama’s campaign asked him to appear on “Meet the Press” on May 20 to act as a mouthpiece, but he proceeded to eviscerate one of the president’s key campaign themes.

Booker told a national TV audience the president’s attacks on Mitt Romney’s record at private-equity firm Bain Capital were “nauseating” and made him “very uncomfortable.”

“I have to just say from a very personal level, I’m not about to sit here and indict private equity,” said Booker, a rising Democratic star tapped by the president’s campaign as a “surrogate” speaker for Obama. “If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses.”

(Excerpt) Read more at nypost.com ...


That's what happens when you speak the truth and tell it like it is. Team Obama gets their wittle feewings hurt.

But, let them keep deluding themselves and they'll get pummeled, Tom Barrett-style.

Dos Equis

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Re: Cory Booker - Obama attacks on Bain Capitol as nauseating.
« Reply #41 on: August 14, 2012, 03:59:47 PM »
That's what he gets for having a mind of his own.

After Miscue, Refined Role For Booker
By HEATHER HADDON

NEWARK—Since Mayor Cory Booker called attacks on private equity "nauseating," he hasn't appeared once on national television as a surrogate for President Barack Obama. At the Democratic National Convention next month, one of the party's rising stars won't have a headlining speaking role.

Mr. Booker has moved to a mostly off-camera role for the president's campaign after his unscripted remarks on May 20 about ads Mr. Obama was running about Bain Capital, the former company of presumptive GOP nominee Mitt Romney.

But the Newark mayor also remains a force for Mr. Obama, campaigning for the president in Michigan last week, hosting Democratic fundraisers and helping to draft the party's platform for the convention in Charlotte, N.C.

Mr. Booker said he worried his Bain comments had jeopardized his standing with the party and Mr. Obama, but he has been reassured that isn't the case. The mayor said he sought out Mr. Obama personally at a Plaza Hotel fundraiser he helped organize on June 14.


"I wanted to talk to him about it," Mr. Booker said in an interview. He said the president indicated to him that "it's all small potatoes." The Obama campaign declined to comment on any exchange between Mr. Booker and Mr. Obama.

"The hardest aspect of all this for me was that my words were being used to hurt my friend. That was the most discouraging thing," Mr. Booker said.

"The moment has come and passed," he said. "In terms of the campaign, it's not today's issue."

An Obama campaign spokesman, Ben LaBolt, said: "We appreciate Mayor Booker's efforts to support the president on the campaign trail."

The "Meet the Press" comments were an unusual problem for Mr. Booker, who like Mr. Obama rose to prominence as a gifted orator and leader of a new generation of black politicians.

In answer to a question about whether the Bain ads were "character assassination," Mr. Booker said: "From a very personal level, I'm not about to sit here and indict private equity. We're getting to a ridiculous point in America." Mr. Booker, who has raised campaign funds from financial firms and worked with them on Newark projects, said the ads were "nauseating."

The sound bite set off a firestorm. Mr. Obama was asked to comment at the NATO summit in Chicago the next day. The Republican National Committee created a petition called, "I Stand with Cory."

Mr. Booker received a call from an Obama campaign staffer whom he wouldn't name asking him to clarify his remarks and underscore the campaign's message on Bain, Mr. Booker said.

"It was in no way telling me to do things," Mr. Booker said. "It was more like, 'Help us understand what you were trying to say.'"

Mr. Booker released a nearly four-minute video on May 21 saying Mr. Romney's business record deserved scrutiny. It only helped fan the flames.

"I made the dumb decision to do the hostage video," said Mr. Booker, using the nickname he calls it because he looks like he is doing it against his will. "The whole thing became more myth than fact."

Mr. Obama had tapped Mr. Booker as an important surrogate before the controversy. He campaigned vigorously for the president across the country and is co-chairman of first lady Michelle Obama's antiobesity campaign.

Mr. Booker's Obama campaign role remains a highly public one. While he hasn't done television appearances for the president since May 20, he has been invited to speak at several state Jefferson-Jackson Day dinners—key Democratic Party fundraisers—including two days after the taping.

Last week, he stumped for the president on a three-day tour through Detroit and Flint, Mich. He sat at a round table with small-business owners, made radio appearances and talked to editorial boards before leading a convention platform meeting on Saturday during which Democrats for the first time officially endorsed gay marriage.

Mr. Booker said he never expected a speaking role at the convention and that, as co-chairman of the platform, he has a bigger role than he did in 2008.

"The polite way to say why I didn't have expectations is that I'm an African-American, North Eastern Democrat in a safe state," Mr. Booker said, noting he doesn't help court important constituencies. The keynote speaker is Julian Castro, the mayor of San Antonio.

It is possible to survive a political gaffe. In the days after the Bain remarks, Democratic Party leaders called Mr. Booker afterward and shared their own verbal embarrassments, including former Pennsylvania Gov. Ed Rendell, Mr. Booker said.

Diana Owen, an associate professor of political science at Georgetown University, said Mr. Booker's comments were a "strategy mistake" that could hurt him with party insiders. But it has done little to damage Mr. Obama, she said.

"At that time in the campaign, it's only political junkies who are paying attention," she said.

Brigid Harrison, a professor of political science and law at Montclair State University, said that Mr. Booker's appeal to the Democratic base is too important for the campaign to brush him off over the Bain statements.

"The reality is, he's emerged as one of the go-to guys," she said.

Mr. Booker said he stands by the Bain comments. "I spoke from my heart," he said. "A lot of people felt the same way I did. I expressed myself very emotionally."

He said the episode has made him consider word choice more carefully.

"There are definitely lessons to be learned," Mr. Booker said. But "the reality is, I'll never stop speaking from my heart and speaking passionately."

http://online.wsj.com/article/SB10000872396390444184704577587572165259022.html?KEYWORDS=cory+booker