January 13th, 2012
09:27 AM ET
In a new memo Stephanie Cutter, deputy Obama campaign manager, calls Mitt Romney "a corporate raider" who profited from the nations economic crisis, left "devastation" in his wake, and played by a "rulebook for those at the top".
Previewing what's likely to become a central general election theme should Romney become the nominee, she argues voters need to know that when Romney was at Bain Capital job creation was never his goal, earning money for investors was.
She also challenges Romney's claim to have created 100,000 jobs and argues that Romney supported companies that outsourced both as governor and in private equity.
The memo details outsourcing at a Bain controlled factory closing inSouth Carolina- the site of the next GOP primary. And quotes Warren Buffet saying "I don't like what private-equity firms do in terms of taking out every dime they can and leveraging (companies) up so that they really aren't equipped in some cases for the future."
In an interview on CBS Mitt Romney recently defended his practices at Bain saying,“In the general election I’ll be pointing out that the president took the reins at General Motors and Chrysler — closed factories, closed dealerships laid off thousands and thousands of workers — he did it to try to save the business.”
The campaign tells CNN they believe there's no comparison between the two because the President's "goal was to save 1.4 million American jobs and a hallmark of American manufacturing" and Romney’s "did it to make a profit the goal was not job creation." The campaign and the Cutter memo both point out Romney already made clear he wouldn't have extended the loan that saved Chrysler and GM.
The Romney campaign did not immediately respond to a request for comment.
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