facebook
twitter
rss
account
search
search
 

Obama to continue attack on Bain

June 2, 2012 at 12:13 PM   |   Comments

WASHINGTON, June 2 (UPI) -- Mitt Romney's record at Bain Capital remains a legitimate target of attack as he seeks the U.S. presidency, the Obama campaign says.

Ben LaBolt, a spokesman for the president's campaign for reelection, said the attacks will continue, The Hill reported. The campaign ran two ads on Bain in the past two weeks.

"Mitt Romney has made his tenure as a corporate buyout specialist the central premise of his candidacy and claimed it is what credentials him to be a job creator as president," LaBolt told the Hill in an email. "But Governor Romney's goal wasn't job creation, as he claims, it was profit maximization for himself and his partners -- he profited off of bankrupting companies and outsourcing jobs."

Some Democrats, including President Bill Clinton, have suggested Obama back off Bain. But the president is hardly the first to go after it.

In 1994, U.S. Sen. Ted Kennedy, D-Mass., fending off a Romney challenge, featured laid-off employees who blamed Bain for their plight. And Newt Gingrich, campaigning for the Republican presidential nomination this year, talked of "rich people figuring out clever legal ways to loot a company."

© 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.
Most Popular
1
Lockheed Martin, Roketsan collaborate on F-35 cruise missile Lockheed Martin, Roketsan collaborate on F-35 cruise missile
2
GenDyn UK picks Lockheed Martin for vehicle turrets GenDyn UK picks Lockheed Martin for vehicle turrets
3
Survey: Harvard Law grads earn the most of any grad school in the country Survey: Harvard Law grads earn the most of any grad school in the country
4
China overhauls legal system, at least on paper China overhauls legal system, at least on paper
5
Thailand orders more aircraft from Airbus Helicopters Thailand orders more aircraft from Airbus Helicopters
Trending News
Around the Web
x
Feedback