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New Obama ad paints Romney as mercantile ‘vampire’

Mitt Romney, a job-killing mercantile “vampire”? That’s a summary of a new ad by President Barack Obama’s re-election campaign, that aims to spin a unreserved Republican nominee’s business record into a guilt as electorate worry about a struggling economy.

A two-minute chronicle of a new video will run in Iowa, Ohio, Pennsylvania, Colorado and Virginia. A six-minute chronicle is accessible on a new Obama debate site that is privately clinging to criticizing Romney’s proceed to mercantile issues. Romney mouthpiece Andrea Saul pronounced a former Massachusetts administrator welcomed Team Obama’s “attempt to concentration behind to jobs and a contention of their unsuccessful record.”

The Obama debate ad focuses on Bain Capital’s misadventures with GST steel of Kansas City and facilities former steelworkers describing what they saw between a time Bain bought a organisation in 1993 and filed to put it in failure in 2001. (Romney left Bain in 1999).

“It was like a vampire. They came in and sucked a life out of us,” says one of a men. “What Bain Capital did was not capitalism, it was bad management,” says David Foster, lead adjudicator for workers during GST Steel. Former steelworker Joe Soptic accuses Bain of slicing corners on safety, observant “it was like operative in a sweatshops of a ’30s,” and that examination a plant tighten was “like examination an aged crony drain to death.”

“It creates me angry,” Soptic says. “Those guys were all rich. They all have some-more income than they’ll ever spend. They have some-more income than their families will ever spend. Yet they didn’t have a income to take caring of a really people that done a income for them.”

In January, a Reuters news group published a prolonged research of Romney and Bain’s record with GST, along with his record in private equity overall. (Of note: The plant’s owners approached Bain Capital “because it had warranted a argent repute for branch companies around.”)

The new ad drew evident glow from a former mercantile confidant to a president, Steven Rattner, dubbed a “Car Czar” since he oversaw a administration’s vehicle attention overhaul. Interviewed on MSNBC, a investment landowner and private equity banker bluntly announced “I consider a ad is unfair.”

Noting a video’s concentration on mislaid jobs, Rattner said, “This is partial of capitalism, this is partial of life, and we don’t consider there’s anything Bain Capital did that they need to be broke about.”

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Secret Service sex scandal: Congressional members call for wider probe, some-more womanlike agents

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