As Teagan Goddard notes, there were high fives at the DNC and Obama HQ today.
My favorite part of the video is that moment right after the money quote when he looks at the camera, pauses, and starts to stutter on his next sentence. It's not a complete "oh shit" moment, but it's damn near close to one.
In full context though, Romney's doesn't sound like a completely heartless bastard. He is saying he likes flexibility as an executive to fire underperforming employees, which is a reasonable position to have. Somehow though, I have the feeling that the only part of that quote we will be seeing in 30 second spots will be when he says "I like being able to fire people."
Of course, Romney will protest loudly that the ads take him completely out of context, and the President is really a radical anti-capitalist who wants everybody to have a job regardless of their ability to do said job.
Unfortunately for Mittens, context has never been all that important to him in the past. In his first ad of the 2012 campaign, Romney took a quote from Obama wildly out of context. How far out of context you ask? Well the quote is from 2008, at it was about how the McCain camp was thinking that so long as the conversation rested on the economy he would lose. Romney's ad portrayed it as a recent quote by Obama about his own reelection prospects in 2012.
Romney defended his use of the Obama quote, basically saying that context was irrelevant. So when Democrats start saturating the airwaves with his mind-bogglingly stupid quote, Romney doesn't have much of a leg to stand on to denounce them. Keep that in mind when the false outrage starts pouring out of the conservative and establishment media over Obama's supposedly taking Romney out of context.