GST went bankrupt in 2001 after being taken over by Bain. "It was like a vampire... came in a sucked the life out of us," one worker says in the ad. Another refers to Romney as "a job destroyer."
In another ad, Democrats profile SCM, a small Indiana paper company, bought by Bain's American Pad and Paper (Ampad) in 1994, which went bankrupt six years later. The web video details how workers were subsequently laid off and lost their health insurance. "They put armed guards at the doors, did not look at anyone, did not speak to anybody, and told us we all were fired," one worker recalls in the video.
And you can bet between now and the November election there'll be myriad ads like these defining Romney as an elitist corporate raider concerned only about lining the pockets of the rich. And while Romney has been critical of the attacks, calling them a distraction from the real issues, Obama says the scrutiny on Romney's record is highly relevant "because my opponent, Governor Romney, his main calling card for why he thinks he should be president is his business experience. He's not going out there touting his experience in Massachusetts. He's saying, I'm a business guy and I know how to fix it,' and this is his business."
"When you're president," he continued, "as opposed to the head of a private equity firm, then your job is not simply to maximize profits. Your job is to figure out how everybody in the country has a fair shot.
Romney's running from his record as governor of Massachusetts. He's running from RomneyCare. He's evading the impact of his Mr. Potter role at Bain. But Obama and Democrats appear intent on defining the debate and making his private equity experience the Bain of his existence this summer and fall.
Romney needs to figure out how to address Obama's positive economic record, which includes 26 consecutive months of job growth with 4.25 million private sector jobs created, including 489,000 in manufacturing. Unemployment, which peaked in 2010 at 10%, has dropped to 8.1%. And let's not forget the stellar turnaround in the auto industry, America's largest industry, which Romney wanted to bankrupt.
Romney would be better served in telling his surrogates, super PACs and campaign staffers to spend less time on Rev. Wright and birth certificates and to instead create a compelling plan to maintain Obama's economic recovery.
Follow Andy Ostroy on Twitter: www.twitter.com/AndyOstroy
Robert Reich: The Big-Lie Coup d'Etat
Robert Scheer: Do the Bain Hustle
Mike Lux: The Bain of our Existence
Michael B. Keegan: Bain's Not Just Fair Game, It's the Only Game
 |
 |
|
| Obama | Romney | |
|---|---|---|
| Electoral Votes (270 to win) |
332 | 206 |
| Obama | Romney | |
|---|---|---|
| Total | 65,899,660 | 60,932,152 |
| Percent | 51.1% | 47.2% |
| Democrats* | Republicans | |
|---|---|---|
| Current Senate | 53 | 47 |
| Seats gained or lost | +2 | -2 |
| New Total | 55 | 45 |
| Democrats | Republicans | |
|---|---|---|
| Seats won | 201 | 234 |
Many of us have already cut out cheap pizza's, ramen noodles are now standard....with Mitt as president will anyone still be able to order fast food pizza?
So why is Obama doing $40,000 a plate dinners with Vulture Capitalists???.
instead of the the former CEO and founder
Mitt Romney??
Suppose that they had? All I'm seeing are mostly reruns of stuff from the 2008 campaign and other long-since-exhausted attacks that lost their power to stun months ago. So the only thing left to play is defense...which is why I'm thinking that they stand a good chance of losing if they don't get their attack together
Romney destroyed tens of thousands of living wage, middle class jobs, pensions and lives in order to build up tax avoiding accounts in the Cayman Islands.
(How come the so-called "Christian" right don't complain about "greed" as much as they complain about other people's sex lives?)
What law firm merged your entity - The Learning Company - with Mattel in 1999
( answer Morris Nichols Arsht & Tunenl (MNAT))
Who was with your Stage Stores company during the Bankruptcy
(answer Jack Bush, Michael Glazer (CEO Kay Bee) - Barry Gold - Paul Traub)
Who was at eToys when Bain bought it?
“Romney is a job destroyer; not a job creator. Now Bain sticks; Bain is what happened in the 80’s. They bring in Bain, fire a lot of people; and that’s how they get prosperity for the rich.”
“15 million cars will be manufactured this year; a GIGANTIC number. You know who is hiring? Ford is hiring; Chrysler is hiring; GM is hiring, and he never takes an ounce of credit for that, Obama, not at all. In the meantime, Romney was against it that he would shut down the auto industry.”
http://www.dailykos.com/story/2012/05/22/1093935/-Bain-Capital-OWNS-Conservative-Talk-Radio
Romney's Privet sector record is superior to Obamas Records of massive debt, negative job growth and the Corruption that is the Obama Administration. Getting a total Liberal Media pass and looking the other way on Green energy, A government tax payer funded pay off/ money Laundering into Obamas campaign.
*Bain Capital-Private Funding, People taking known risks.
*Green Energy-TaxPayerFunding- GovernmentConfiscationOfPrivateProperty-Tyranny
-- Solyndra, received $535Million -chief investor-George Kaiser Family Foundation. Kaiser- an Obama campaign bundler.
-- Brightsource Energy, $1.6Billion senior adviser- Robert Kennedy, Jr., an Obama backer;
-- Solar Reserve, $737M -major investor is a company run by Michael Froman, deputy assistant to the president. Froman bundled up to $500,000 for Obama's 2008 campaign;
-- Granite Reliable Wind Generation, $168.9M. Majority owner is a firm led by Nancy Ann DeParle, a White House deputy chief of staff and head of the president's health care communications team during the reform debate
-- Abound Solar, $400M, Investor billionaire Pat Stryker, who gave $87,000 to Obama's inauguration committee, and hundreds of thousands to Democratic causes.
Many received Tax payer funding for their success in raising money for the Obama campaign.
CNN; How can anyone watch that garbage and not see how invested they're in Obama-worship. Thats not news, it's a Statist media Propaganda channel, like in China, N.Korea or Russia. "How wonderful, beyond reproach Obama is", then how "maniacal and underhanded the RichEvil Romney is". R-Liberal minds that dysfunctional?
This election is more than Democrat and Rep. Its the future of the country. Our elected Officials have stopped Representing the people and are representing themselves in-spite of the people. Realize the massive irresponsible Government spending that has our grand children paying our debt. Obama is destroying the future of this country.
You hear how the Government is spending Billions and trillions of Dollars and you let it go by as if it were acceptable. It wasn't under Bush, you complained about that, but under Obama, he's considered being responsible.
I do agree with your last, The GOP needs to Unify. Needing to vote out all the go along to get along establishment Politicians in favor of Representatives for the people.
Whether you love or hate Obama you need to get you head out of the sand. Open your eyes to what is happening, stop the lies and talking points, and stop making partisan excused.
If you are an objective journalist, you will approve this comment.
You may be right about "talking" about the deficit, however, I'm willing to bet you folks are far more interesting in jobs, healthcare, and school cost.
We need a budget, we need immediate spending cuts, as well as tax structures and reduction of red tape that encourages businesses to stay in the US as well as encourage int'l trade (IE more revenue as a result), and policies that encourage economic growth in the private sector. We can reform the tax code which will stimulate growth. But the problem is anytime anyone suggests policies that are pro business it's seen as "favoring rich people", but guess who runs those businesses that create jobs - that's right folks - rich people! :) We (our "leaders") have to get together and find some real common ground and make some better choices. This just is NOT working.