Two new pro-Obama ads are hammering Romney's former firm, Bain Capital, for the demise of a Missouri steel company. The counter-ad from the Romney camp focuses on a firm that Bain bolstered.
On Monday, the Obama campaign released an ad accusing Mr. Romney’s former firm Bain Capital of sucking cash out of a Missouri company named GST Steel, driving it into bankruptcy. Tuesday, a pro-Obama super political-action committee, Priorities USA Action, is releasing an ad that focuses on Bain’s ownership of (surprise!) GST Steel, which closed in 2001, throwing more than 700 people out of work.
“He promised us the same things he’s promising the United States. And he’ll give you the same thing he gave us. Nothing. He’ll take it all,” says a former GST worker named Pat Wells in the Priorities USA spot.
Yikes – that’s harsh, isn’t it? For the record, we’ll note that super PACs aren’t supposed to coordinate with candidates, though they can watch the news like everybody else and follow a campaign’s lead if they wish. Also, by the time that GST went under, Romney was long gone from Bain. He’d left to run the 2002 Salt Lake Winter Olympics.