Romney has been slammed from all sides on Bain. 9 toughest attacks on Bain Capital

Mitt Romney’s record at Bain Capital has been slammed from all sides since the former Massachusetts governor entered the presidential race, including by President Barack Obama on Monday. Here are the 9 harshest attacks:

1. “… Mitt Romney and Bain Capital were involved with what I call vulture capitalism.” — Texas Gov. Rick Perry, Jan. 10, 2012


2. “Those of us who believe in free markets and those of us who believe that in fact the whole goal of investment is entrepreneurship and job creation, we find it pretty hard to justify rich people figuring out clever legal ways to loot a company, leaving behind 1,700 families without a job.” — Newt Gingrich, Jan. 8, 2012

3. “If your main argument for how to grow the economy was ‘I knew how to make a lot of money for investors’ then you’re missing what this job [president] is about.” — President Barack Obama, May 21, 2012

4. “[Bain] made as much money off it as they could and they closed it down, they filed for bankruptcy, without any concern for the families or the communities. It was like watching an old friend bleed to death.” — former GST Steel worker Joe Soptic, Obama campaign ad out May 14

( Also on POLITICO: Obama's Bain mutiny)

5. “Romney made sure the guys at top got to play by a different set of rules, he ran massive debts, and the middle class lost. And folks, he thinks this experience will help our economy? Where I come from, past is prologue.” — Vice President Joe Biden, May 16, 2012

6. “We were making money, and for them to just come out from nowhere and shut the place down — it was devastating. To me Mitt Romney takes from the poor and the middle class, and gives to the rich. He’s just the opposite of Robin Hood.” — Ampad factory worker Jerry Rayburn, Obama campaign ad out May 21

7. “Mitt Romney hasn’t been vetted on Bain. I don’t think David Axelrod and the Occupy movement are going to give him a pass on this. He’s been running for six years. How much do we know about his 20 years at Bain?” — former Gingrich aide Rick Tyler, Jan. 9, 2012

8. “They closed down more than 1,000 plants, stores and offices. They outsourced tens of thousands of jobs, and they took 12 companies to bankruptcy. I don’t think those are the values that people want to animate our economy. He is not a job creator, he is a corporate raider. Those aren’t the values that we want to lead our economy.” — Obama adviser David Axelrod, Jan. 8, 2012

9. “[T]here’s something about raping companies and leaving them in debt and setting up Swiss bank accounts and corporate businesses in the Grand Caymans. I have a real serious problem with that.” — Rep. Jim Clyburn, May 22, 2012

This article tagged under: Mitt Romney

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