HolyCoast: Obama Releases New Ad and It's Immediately Debunked
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Monday, May 14, 2012

Obama Releases New Ad and It's Immediately Debunked

Obama's new ad blames him for things his company did years after he left:
The new Obama ad hits Mitt Romney for the closure of GST Steel after its purchase by Bain Capital, Romney’s former financial firm.

Romney’s departure from Bain: 1999.
GST Bankruptcy Filing and layoffs: 2001. (Dan Margolies, “Shutdown Is End Of An Era,” The Kansas City Star, 2/8/01)
Read the rest of the info here.  The problem here is most people will never hear about the debunking, they'll only see this ad with its ominous music and will assume it must be true. After all, it fits the stereotype of Romney that Obama and the Democrats are trying to create. As is often the case with Democrats, facts don't matter, only feelings and emotions.

Oh, and then there's this:
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 Obamacampaign 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.
Oops.

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