UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Obama defends campaign ads

|
 
Published: May 21, 2012 at 5:50 PM

CHICAGO, May 21 (UPI) -- U.S. President Barack Obama Monday took likely Republican presidential nominee Mitt Romney to task for his attitude toward jobs as a venture capitalist.

At a news conference following the close of the NATO summit in Chicago, Obama was asked whether he supported commercials developed by his campaign staff faulting Romney for job losses while he was at Bain Capital, which would buy firms, sell off their assets and shut them down.

Obama said Romney's role at Bain is relevant to the campaign.

"The reason this is relevant … is my opponent, Gov. Romney, his main calling card for why he should president is his business experience," Obama said. "He's not going out touting his experience in Massachusetts. He's saying, 'I'm a business guy, I know how to fix it, and this is his business.'"

Obama said unlike Romney's role at Bain, the role of president is quite different.

"Your job is not to simply maximize profits. Your job is to make sure everyone has a fair shot," Obama said.

Cory Booker, the mayor of Newark, N.J., Sunday criticized the ads as "nauseating."

Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional U.S. News Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Abercrombie & Fitch says sorry. So we're totally cool now, right?
Some cats just want to watch the world burn
Baton blows and a bite from a K-9 dog leads to heart disease
The world's most awkward taxidermy. Come for the lion thing. Stay for the freak cat
Problem: Rampant badger population is spreading bovine tuberculosis in UK beef herd. Solution: eat...
A collection of incredible 3D sidewalk chalk drawings. Bonus: Not a slideshow