2012 Presidential Election, Bain Capital | featured news

A super PAC backing President Obama is out with a new TV ad today criticizing Mitt Romney for making money on business deals in which companies went bankrupt... "For every company he drove into the ground, Romney averaged a $92 million dollar profit," the narrator says. "Now he says his business experience would make him a good president? If Romney wins, the middle class loses."

The Washington Post is standing by its reporting on Bain Capital’s outsourcing under Mitt Romney, and will not retract a recent story despite complaints from the Romney campaign.

The attack is the latest iteration of President Obama’s attempts to demonize Mitt Romney over his tenure at Bain Capital.

Republicans objecting to Obama’s ads on Mitt Romney’s brand of exploitive capitalism during his Bain Capitol days, should note Mitt’s avoidance issues —The GOP presidential candidate’s bus tour, “Every Town Counts” is scrupulously avoiding towns where American workers continue to be hurt by the destructive wake the former CEO left behind. Also ostracized from the bus tour, were towns hit hard by unemployment due to outsourcing of jobs, bankruptcy and shuttered plants.

Former President Bill Clinton suggests that President Obama stop attacking Mitt Romney's private equity work at Bain Capital.

The core of his presidential candidacy under attack, Mitt Romney has yet to shape a playbook to defend a quarter-century in the business world that created great riches for himself and great hardship, at times, for some American workers....

President Obama, targeting Mitt Romney's work at Bain Capital, says private equity is not good preparation for the presidency.

That’s why the ads in which laid-off steelworkers say Romney just doesn’t care about people like them are so effective. As head of Bain, it was Romney’s job not to care about them. But as a presidential candidate, it’s his job to show that he does care about them. So far, he hasn’t.