New Obama Campaign Ad Destroys Romney And His Time At Bain Capital (VIDEO)

Author: May 15, 2012 7:05 am

Mitt “Richie Rich’ Romney is desperately trying to convince voters that his advanced, private-sector business acumen makes him better to lead America during its economic crisis. But there’s just one glaring problem with that whole narrative that Romney is trying to cultivate: Mitt Romney is a job-cremator, not a job-creator. In brief, Mitt Romney is what you would call a ‘vulture capitalist,’ as he’s a corporate takeover consultant that preys on smaller companies.

Earlier today, the Obama campaign opened up a new chapter in its efforts to defeat Mitt Romney by releasing a documentary-style video and a full website that directly takes aim at Romney as being nothing more than a soulless corporate raider who might make Gordon Gekko consult Robert Reich. The guy worked for a company named after a massive Batman villain. So that should give you a clue.

Both the two-minute video and six-minute video feature interviews with former workers at GST Steel, a company acquired by Romney’s private equity firm Bain Capital in 1993 and one which shed 750 jobs after being acquired by Bain. What’s more, the Obama camp also launched a website,, which covers GST and two other companies that went bankrupt immediately after Bain acquired them.

“Like a vampire, (Bain) came in and sucked the life out of us,” former steel worker Jack Cobb says in the video.      (Source: Reuters)

It’s safe to assume that Bain wasn’t anything like today’s über cool and super-emotional vampires depicted in teenage dramas but rather a never-ending labyrinth of smarmy, soul-sucking corporate lackeys in grey-flannel suits. Again, its name was Bain Capital!

The move, one of the most pointed and strongest attacks to date, looks to be part of ongoing effort by Obama’s advisers to define the former Massachusetts governor as an out-of-touch corporate raider whose policies would inflict harm on the middle class. Despite the fact that Obama has been largely business-friendly and whose economic policies netted 4 million jobs since October 2009, advisers are going out of their way to ensure that this ad isn’t about attacking the private equity industry.

This isn’t about private equity,” Cutter said.Put simply: If Romney believes he can grow the economy for the long term, then he learned the wrong economic lessons and values from his private-sector experience.” (Source: Reuters)

Yes, just don’t expect Fox News to see it that way. That would be like asking Ted Nugent to fight in war.

Individuals like Romney are the very same greedy banksters that got us into this biohazard level 4 economic sh#t-storm. So for Willard to want voters to choose him is like Sweeney Todd asking for more razors.

Here’s the video:


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Michael is a comedian/VO artist/Columnist extraordinaire, who co-wrote an award-nominated comedy, produces a chapter of Laughing Liberally, wrote for NY Times Laugh Lines, guest-blogged for Joe Biden, and writes a column for affiliated Cagle Media. Follow him on Twitter and Facebook, Youtube, like NJ Laughing Liberally Lab, and check out his Mitt Happens cafe press store. Seriously, follow him or he’ll send you a photo of Rush Limbaugh bending over in a thong.

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  • It baffles me as to how the Evangelical movement and the Libertarian movement together have captured the Republican Party. Christ gave his followers the mandate to care for the poor, the sick and the weak. Libertarians subscribe to the atheist Ayn Rand’s philosophy that such concern (called altruism) is evil and should be replaced by selfish self interest (read her bio on Wikipedia). Berry Goldwater, the godfather of American conservatives soundly denounced the current so-called conservatives as dangerous radicals. The conclusion I am forced to come to is that the leaders of both movements, Evangelicals and Libertarians, are engaged in the cynical manipulation of ordinary Republicans. By “ordinary,” I am speaking of those Republicans who are part of the 99% in America, especially the middle class.
    Those of you who believe that Mitt Romney is the lesser of two evils, should think again. This extraordinarily wealthy man believes he is entitled to his wealth because of his status as one of the elite in America. He is able to reconcile his Mormon beliefs with those of the Libertarians. Is he trust worthy? Almost everything he has claimed in his campaign speeches are easily provable lies and half truths. The big one is that he was a great job creator as head of Bain Capital and Governor of Massachusetts, when in fact Massachusetts was 47th in the nation in job creation when he left office as Governor. It is interesting that Romney has been forced to mute his claim of creating 100,000 jobs as head of Bain. Now he simply says “thousands.” But, even that claim is suspicious because in his numbers there is no offset for the number of jobs lost due to Bain. Its principal business was buying businesses, mostly small businesses, some troubled and some healthy, completely dismantling them and selling off the pieces to make a huge profit. Many of these small businesses could have been saved by the simple infusion of capital. The result was a tremendous number of people losing their livelihood. You probably will hear little of this, and that which you do hear of, will be flooded with self-serving propaganda from the huge media enterprise controlled by extremely rich capitalist who do not want you to know the truth. This propaganda machine has convinced many of you that its media outlets are the paragon of truth. Do your own research, but beware of your sources. Also remember that the Wall Street Journal is owned by Rupert Murdoch’s media empire, not known for unbiased news.

  • A large part of Bain’s vulture capitalism program was depending on the Feds. to absorb looted pension funds, while the “investors” sold off the assets, and split with the loot.
    Who is he expecting to eat the losses this time?
    Who is he planning to sell the assets to?
    Will his “business model” arm our enemies?

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