Oops!… Obama Blames Romney For GST Plant Closing in 2001 in New Ad – But Mitt Left Bain in 1999

Barack Obama, the worst jobs president since the Great Depression, released a new ad today attacking Governor Mitt Romney on jobs.
Unbelievable.

Obama plays the ‘War on the Rich’ card in this new ad.
USA Today reported:

President Obama’s campaign is out with a two-minute TV ad and a six-minute web video blasting Mitt Romney’s career at Bain Capital.

The broadside will air in five key swing states: Ohio, Pennsylvania, Virginia, Iowa and Colorado.

The ad tells the Obama campaign’s version of events at GST Steel, a shuttered Kansas City plant that Bain Capital took over before it went into bankruptcy. The closing cost hundreds their jobs and jeopardized their pensions, according to Obama for America.

The story, Obama’s campaign says, exemplifies Romney’s business philosophy “and what it would mean for the American economy.” Viewers who want to know more can go to RomneyEconomics.com, a new Obama campaign web site that examines other Bain case studies…

…”In Romney’s economic philosophy, CEOs and wealthy investors prosper by any means necessary, even when it meant companies failed and workers were left behind. Romney believes in two sets of rules — one for people like him, another for everyone else.”

In the real world…
The people in the labor force is at its lowest level since 1981 under Barack Obama.

And… The Labor Force Participation Rate Lowest Since 1981.
That’s what real failure looks like.

UPDATE: Pleasance added this in the comments:

Romney left Bain 1999, GST Steel went belly up in 2001 – so how is that Romney’s fault? Or is it a case of once more facts don’t matter to dems.

Of course, the liberal media will completely ignore this fact.
It doesn’t matter. It’s Bush’s Mitt’s fault.

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  • greener

    So, they are telling us that the Democrats would save the steel industry. Go ask the folks in Gary and East Chicago about how well they fared during the Clinton Administration. The US steel industry was not price competitive with Japan, then Korea and so on.

  • Militant Conservative

    Kinda tough when all the world can see your handiwork.

    Obama stinks on ice.

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  • Pleasance

    Romney left Bain 1999, GST Steel went belly up in 2001 – so how is that Romney’s fault? Or is it a case of once more facts don’t matter to dems.

  • Tom in CA

    Time for Romney to run an add on the stolen auto dealerships by the Obama administration.

    Better yet, I am sure there is a great nugget in his stupid book to use….

  • Facauwee Tribe

    Sometimes companies fail investment capital notwithstanding. IIRC, cheap steel was being dump in the US market at that time. I guess that excuse only works if it’s a green energy boodoggle supported with gubmint dollars.

  • Finncrisp

    So the Jackass in chief thinks he knows business. What a crock. The trail of failed business he has poured billions into is certainly not “talking points” for him. His unique ability to assassinate jobs – the gulf, the pipeline, coal industry, electric power, construction. Barry has singlehandedly made America less safe, less prosperous, and less free.

    His administration is a total and utter failure, yet he expects 100% sucess from a company that takes companies that are in trouble and tries to save them. His complete misunderstanding about how business really works is on display. What a dope!

  • 1RedBeard

    Obama attacking Romney on jobs is actually funny, if you like sick humor.

  • Atlanta Media Guy

    Epic Fail by Obama and his idiots at the campaign. Romney will hopefully strike back hard. Like Wisconsin and Scott Walker, doing all he can to save jobs and not have to fire UNION workers, the Democrat teams love to demagogue the hell out of every fact to make it sound like Republicans hate job creation and economic growth when the exact opposite is true. The lies, innuendo and incessant whine will be felt in November as Obama and Axelrod are sent packing back to Chicago, where they can build on their Hope and Change and complete the destruction of Chicago.

  • CT

    Because only our Dear Leader can create jobs.

  • Tom in CA

    GST – Bain’s investment with their money, Solyndra, Obama investment with your money. How many Solyndra folks should have never even been employed much less layed off.

    This is such good red meat for Romney, PLEASE respond…

  • Nomittens

    A very, very, powerful and effective ad….mittens is in deep, deep, doo-doo!

  • 1RedBeard

    Hello, Nomittens troll.

    Lies and deceit might make for an effective political ad in some cases, but not here. The Liar-in-Chief is exposed, via the easily proven false nature of the ad.

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  • olm

    Facts don’t matter.
    The only thing that matters is OBAMA. Don’t you forget it.
    I saw an email forward yesterday about the Obamas’ lack of law licenses for reasons both to be ashamed of.
    All I can say is REALLY?
    If this had been happening 4 years ago, we wouldn’t be in this disaster right now. It is good people are looking at this fraud now but good grief it was all out there then but no one chose to look(except the people on here).

  • BurmaShave

    Here is a better way to push back; Romney’s campaign needs to make a point of this:

    The day the democrats took over was not January 22nd 2009, it was actually January 3, 2007… the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.

    The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

    For those who are listening to the liberals propagating the fallacy that everything is “Bush’s Fault”, think about this:
    January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:

    The DOW Jones closed at 12,621.77
    The GDP for the previous quarter was 3.5%
    The Unemployment rate was 4.6%

    George Bush’s Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
    Remember the day…

    January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

    The economic meltdown that happened 15 months later was in what part of the economy?
    BANKING AND FINANCIAL SERVICES!

    Unemployment… to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!

    Bush asked Congress 17 TIMES to stop Fannie & Freddie – starting in 2001 because it was financially risky for the US economy.

    And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
    And who fought against reform of Fannie and Freddie?
    OBAMA and the Democrat Congress
    So when someone tries to blame Bush..

    REMEMBER JANUARY 3rd, 2007…. THE DAY THE DEMOCRATS TOOK OVER!”
    Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party.

    Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
    In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

    For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.

    And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.

    If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

    If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is “I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.”

  • RealMc

    NoBama Campaign slogan:

    Facts, we don’t need no steenkin facts!!!!

    now move along, nothing to see here…….

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  • KornKing

    #4
    Of course, “everyone knows” that if Mittens HAD been there, it would have happened that way

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  • BlackBush

    Romney needs to grow a pair and start firing back and getting air time like Gingrich did during the primaries. Mittens is too much of a rino pussy to do it though. We can sit back and watch as he continues to apologize for being a successful rich businessman. Can we get a man to run as a rep please. Jesssuuuus!

  • bg

    ++

    anyone counting the small businesses Obama
    has put/ is putting/ will put out of business??

    ==

  • what happened to blame Bush?

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  • FurryGuy

    Facts never mattered to the American Pravda media when it came to blaming Bush, it won’t matter regarding Romney. Simply being an (R) means the person is wrong.

    And Progs accuse anyone not a true believer of being close-minded bigots. Gotta love the projection.

  • valerie

    It’s a matter of competence. What’s left of the Democratic Party can’t do math, and now they are proving they can’t do simple searching on the computer.

    I’m getting the same sense about the Democratic Party at the national level right now as I did about Al-Qaida in Iraq in about 2007: somebody important had disappeared from the scene, and what was left had no brains.

    In the present case, I don’t think it has been the departure of one person, but of a whole group of intermediates: the people who do the research, crunch the numbers, and build the foundation for policies. Maybe they aren’t listening, as was the case in the BP oil spill and Solyndra, and maybe they just fired them, or discouraged them to the point of inactivity.

    If I am right, this administration is showing the same ability to coax the best performance out of people as the old Stalinist regime in Russia. That country starved because of the way they treated their peasants.

  • bigkahuna

    Burmashave… I have said the same thing many times… I get sick when I hear thgese scum blame everyone else…

    On top of that it was the Dummycrats who forced banks to LOWER THEIR LOAN STANDARDS.

    Thats when the banks decided to spread the risks and use derivitives. The banks failed because of democrats meddling.

    BLAME OBAMA and ACORN, BWARNEY FWANK, Fwankwin Wains, Cwhis Dodd and Harrwy Weid and All thos dummycrats who stopped Bush from reformin Fannie and Freddie…

    Oh and its all on tape and in the records.

  • wtd

    The political play against the Bain/Romney business model worked wonders for Gingrich’s GOP 2012 campaign, doncha think? Having learned nothing at all from that fiasco, another attempt at Bain/Romney flaming- version 2.0 under the Progressive DNC banner may prove to be quite entertaining. Pass the popcorn.

  • Dane N

    Again, you people are idiots to think that Willard would be any better than the 5th worst presidents in our histroy.. that would be Dumya for those of you too ignorant to remember or care.
    Dang you people are ridiculously ill-informed.

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  • a former dem

    Didn’t they try this already? Its from that “docu-movie”, I remember 2 of the ladies from those interviews came on Fox later on and said what they said was misrepresented.

    And so, they really only had that 1 guy who seems off his rocker, was following Romney around. And it looks like that 1 guy is the one they used in this clip.

    Hey Barry’s team, people know what crap you’re doing, independents like me aren’t falling for it anymore!

  • Pleasance

    #9 Are you a troll or just another Ron Paul/Obama voter?

  • sonya321

    The Hypocrisy of Obama’s Bain Bundler
    By Robert Costa
    May 14, 2012 10:05 A.M.
    Comments
    2

    As Katrina reports, Mitt Romney left Bain Capital in 1999 to manage the Winter Olympics, two years before GST Steel declared bankruptcy. But that hasn’t stopped President Obama from blaming him for the company’s 2001 collapse. In a new Obama campaign video, ex-steel workers criticize Romney for being “out of touch” with the “average working person.” Left unmentioned (and blameless) is Jonathan Lavine.

    Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy. So according to the Obama team’s logic, Romney, who had left Bain, is responsible for GST Steel’s demise, but Lavine, who was there, is not? Expect to hear more about this connection.

  • bigkahuna

    Dane,

    You sound like a moron…. explain and defend such an idiotic statement

  • Tim in Cali

    “Obama blames”…No way,those words have never been writen or spoken before

    here’s a T-Shirt for a Romney event…

    ” Obama blames _________________ for his miserable failures ”

    just fill in the blank

  • bg

    ++

    sonya321 #33 May 14, 2012 at 9:55 am

    re: [Lavine, according to the Los Angeles Times, is a top
    Obama bundler and a managing director at Bain Capital.]

    oh wow..

    sure makes one wonder WHY Obama believes he can get
    away with putting his foot in his mouth yet again.. NOT!!

    corrupt DC, corrupt media, what else is new.. *sigh*

    ==

  • bg

    ++

    link re: sonya321 #33 May 14, 2012 at 9:55 am

    May 14, 2012

    The Hypocrisy of Obama’s Bain Bundler

    ==

  • bg

    ++

    bigkahuna #27 May 14, 2012 at 9:28 am

    Amen..

    ==

  • Skandia Recluse

    Unions, everywhere there are unions there are bankruptcies. Steel, auto, mining, transportation, government, airlines, maritime, newspapers……

    http://www.nationalreview.com/corner/299838/new-obama-attack-ad-features-steelworkers-blaming-bain-job-losses-katrina-trinko

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  • Patty

    So, the fun of deceiving the American public, no investigating, no truth and no one moral character. It is they say it and it must be true. 3 years of separation from 1999 to 2001. Do you think the public will care or say to themselves, “well, we are know Mitt left in 2001, don’t we.”

    Laughable, because the main public doesn’t know, they see something and tend to believe it.

    So, once again, Obama Chicago Thuggery is lying. Will they retract the ad? 😆

  • Mo

    Obama didn’t give a rat’s rear end about the employees of Delphi who lost their jobs and pensions!!! How about the stockholders of GM before it went into bankruptcy!!!!

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  • Patty

    ot

    Barack on the DOWN LOW

    http://theobamafile.com/_shakystuff/RumorDownLow.htm

    Sullivan is a distraction from OBAMA’S FAILURE AND THIS NEWSWEEK THING IS TO HAVE ANOTHER FEW WEEKS GO BY SO WE ARE OFF THE TOPICS AT HAND OBAMA FAILURES AS A PRESIDENT AND WHAT IS GOING ON IN DOJ OFFICE AND EVEN THE EDUCATION DEPT.

    indoctrination of our kids is going to reach a new level. This administration wants our kids to taught everything but basics. SOCIALISM IS GOING TO BE IN OUR SCHOOLS, NOT HAVEN’T TOUCH THE REAL INDOCTRINATION YET. WAIT WHAT IS IN STORE.

  • Patty

    ot

    Exclusive: Palin Pick Fischer Surges in Nebraska

    http://www.breitbart.com/Big-Government/2012/05/14/Fischer-surges-in-Nebraska

  • Patty

    ot

    Hilary Rosen: Straight People Ruining Marriage

    http://www.breitbart.com/Big-Journalism/2012/05/14/Rosen-back-lesbian-divorce

    They want a war against women and the right, I say they haven’t seen the Right yet. We are going to counter attack them in every Ad and every interview. This is becoming a distraction. But they are in for the fight of their life. We are going to win the War.

  • Slappy

    #29 May 14, 2012 at 9:38 am
    Dane N commented:

    Again, you people are idiots to think that Willard would be any better than the 5th worst presidents in our histroy.. that would be Dumya for those of you too ignorant to remember or care.
    Dang you people are ridiculously ill-informed.

    ——————–

    Do you really think that you are seen as a bastion of intellect and knowledge by others after you post such a poorly written post? Or was it your intention to write a post that is riddled with ill-informed opinions, typos/spelling mistakes, and third-rate insults befitting a middle school student of mediocre ability? You’re a joke.

    Oh, and perhaps you should come to grips with the fact that falsely calling others “idiots,” “ignorant” and “ill-informed” doesn’t change the fact that anyone who reads the drivel that you posted knows you are engaging in projection. Anyone can tell that you’re a first-rate jerk with a second-rate mind.

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  • TrickyDick

    The math is simple. Obama + lips moving = liar

  • Mia

    http://www.bulljordan.com

    Fashion Female attire Gold autumn,

    personality Men’s clothing + Shoes,

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  • CommieJuice

    0bama and the left’s portrayal of Romney… The evil, white, rich plantation owner with the lazy wife who is like Hitler or something.

    Hmmm, let’s see here – Barack and Michelle the true National Socialist, no hiding it now. Lets see how they stack up.

    Would evil vote for partial birth abortion? YES!

    Would rich be someone who made millions of their worthless books? YES!

    Would you be considered white if your mother was white? Partially, but when you (according to him) marry superior genes in the gene pool (meaning according to him you try to eliminate the white gene) you tend to be considered otherwise.

    Would you be considered the plantation owner when you start your day off at 10am, cost the tax payer 10’s of millions per year on vacations, 97 rounds of golfing in 3 years, not spending a single day on your job for an entire year because it gets in the way of fundraising and everything/one else you get over on not to do real work? YES!

    Would your wife be considered lazy when she has a job she gets paid not to show up to and goes on 4-5 huge vacations per year costing the tax payer 10+ million? YES!

    Would you be considered Hitler when you have try to shove your views on food, religion, sex, who can say what, who can do what, who can earn what, social justice, no private property rights, punishing the producers and picking one race above the rest to rule them all? HELLo YES!

    bHO = STP

    http://ca.news.yahoo.com/blogs/ticket/obama-single-men-look-superior-genes-185528304.html

  • Patriot Act

    I’m sure that the failure of GST had nothing whatsoever to do with their … wait for it … being unionized! In this video, the one guy complains that he had to take a job as a janitor — for less than 1/3 of what he was making at the mill. Correct me if my math is wrong, but that means he was making more than THREE TIMES what an actual “middle class” worker was making at the time (plus probably getting ridiculously cushy union benefits). Heck, the janitors themselves were probably unionized and making a decent living.

    If the company was doing so well as a union shop, then why did they have to sell it to keep from going under? Why didn’t the COMPANY management do something to turn it around? No doubt, because the unions had them by the balls and weren’t about to let go. Over and over again, unions have demonstrated that they would rather have the company go under than give up a nickel of their unsustainable compensation schemes. So who are the greedy ones again?

    Burmashave, an excellent summary, and a general point (that Democrats have controlled the purse strings since 2007) which I have been trying to make for years to any lib who will listen, with limited success.

  • Patty
  • Patty

    OT

    Kathy Griffin Defends Bristol Palin Prostitution Tweet

    http://www.breitbart.com/Breitbart-TV/2012/05/14/Kathy-Griffin-Says-Bristol-Palin-Prostitution-Tweet-A-Favor

    a twit on tweet. griffin is a real lost soul. seriously, who cares but she won’t miss a beat with her nasty comment about the palins.

    and on another celebrity, some show that another hateful b was on is cancelled. judd’s love it. another palin hater. the seems to be getting their just desserts.

  • brian astby

    Maybe Obama has been high on dope the last two years of his presidency, just like he was in high school.

  • John

    Doesn’t Obama remember Solyndra, Light Squared, etc. These are companies that went belly up under Obama’s watch. Not to mention all the legitimate businesses that either cut back or shuttered the windows altogether.

  • averagemelon

    Another typical Democratic attempt to demonize everyone but themselves with lies. Heap on the pity and settle in you “poor me”-ers. Since when does any company OWE you a lifetime of employment and a cushy lifestyle? Did you not understand that life is a crap shoot? Sometimes it’s good and sometimes it’s nasty but IT’S ALWAYS UNDER YOUR OWN COMMAND as to how you deal with the fallout or blessing. YOU are the only one in the driver’s seat of your life. Quit whining and move on already!

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  • SouthernMan

    Sounds like Lady Perdue is much like BO. Her mouth goes into gear long before her brain. I understand she has seen the handwriting on the wall and will not run again.

  • Limousine Barry

    Ah, crap! I’m busted again!

    It wasn’t the first time and it probably won’t be the last time. I’ll just blame Axelrod. He really sucks.

    Let me be clear, my record on job destruction is speaks for itself. It really sucks! But, I have almost achieved my goal of bankrupting America.

    I have said it once and I’ll say it again. I need four more years to completely Bankrupt America.

    Four more years!

    Four more years!

    And, let’s MOVE ON to the Gay Marriage thing. Good day.

  • Stinger3365

    You people are ALL IDIOTS….. you never do research on the issue…. you just spread BULL because some one else said it….. MITT WAS IN CHARGE OF BAIN STILL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! He was just not in charge of the day to day management…. so HE DID STILL HAVE A SAY SO IN WHAT HAPPENED !!!!!!!!!!!!!!!!!!!!!!! spend more than 2 minutes researching things out.

  • Stinger3365

    and I cant believe some of you are SO EASILY distracted by other issues…. dont let the social issues draw you away from the REAL issues…. jobs jobs jobs and economy…… But also… wanted to point out the Mitt was 47th out of 50 states in job creation HE SUCKS TOO !!!!! HE is a CORPORATE RAIDER…. is that what he is going to do to the USA cut all the stuff thats not important to us???? ( senior citizens and children… and education and poor people will be swept under the run ) Ron Paul is probably the best suited for the job… but he wont be a puppet is why he doesnt have a chance?

  • UpChuck.Liberals

    Faulty bumper sticker seen in Kali, Obamacares. Obviously should read: ObamaDoesn’tCare, ObamaCares4Obama, ObamaCaresNot.

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  • Joseph

    You people are ignorant. It’s Romney’s fault because Bain management wildly overstated the company’s profitabilty, sold over 100k in bonds, sold the company leaving it undercapitalized and unable, after several years, to maintain it’s debt. If it were a publicly held company, it would be illegal.