Rich Broderick: In the wake of megastorm Sandy, Bain Capital, which was co-founded by Mitt Romney and where he served as CEO until he resigned in 1999 but didn’t actually resign until 2002 when he really meant it, is planning to make a leveraged buyout of the entire Northeast.
Robert Reich: In politics as in economics and love, timing is everything. Obama can’t wait much longer if he wants to convince waivering and worried conservative Dems to join him in a last ditch 51-vote reconciliation measure to get health care through the Senate. We’re already in the gravititational pull of November’s mid-term elections. But the economy is taking a longer time to turn around than anyone expected, and telling Americans the jobs numbers are getting worse more slowly isn’t exactly reassuring.