The new Obama ad hits for the closure of GST Steel after its purchase by Bain Capital, Romney’s former financial firm.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.
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)
Oh, and then there's this:
As Katrina reports, 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 video, ex-steel workers criticize Romney for being “out of touch” with the “average working person.” Left unmentioned (and blameless) is Jonathan Lavine.Oops.
Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at . 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.