FactCheck.Org has reviewed several of the ads from the Obama campaign that accuse Romney of being a “corporate raider” who “shipped jobs to China and Mexico,” asking if voters want to elect an “outsourcer in chief.” They have found the ads to be completely untruthful.
The ads are based upon an attack piece orchestrated by the Washington Post. In fact, the Post and the Obama campaign not only coordinated an attack against Mitt Romney, they coordinated a false attack. The Romney team demanded a retraction, but the Post of course refused.
Here is the review from FactCheck.Org about the ads.
Bain Capital, the venture capital firm founded by Romney in 1984, is the focus of the Obama campaign’s attacks. There is no question that Bain invested in some companies that helped other companies outsource work and that some of that work went overseas. That was the core business for Modus Media and SMTC Corp. — two outsource companies featured in a June 21 article in the Washington Post that has been the basis of recent Obama TV ads. Bain also invested in U.S.-based companies that sold goods manufactured here and abroad, and some of those companies closed U.S. facilities and eliminated U.S. jobs.
But after reviewing numerous corporate filings with the Securities and Exchange Commission, contemporary news accounts, company histories and press releases, and the evidence offered by both the Obama and Romney campaigns, we found no evidence to support the claim that Romney — while he was still running Bain Capital — shipped American jobs overseas.
One TV ad, called “Come and Go,” claims that Romney “shipped jobs to China and Mexico.” But two examples cited by the Obama campaign occurred after Romney left Bain. There’s no clear evidence that a third company shipped jobs to China under Romney.
A second ad called “Revealed” mocks Romney’s tough talk about cracking down on China’s trade practices by saying “all he’s ever done is send them our jobs” and citing the Washington Post article. But the newspaper article contained no examples of U.S. jobs being shipped to China while Romney was working at Bain.
The “Come and Go” ad casts Romney as a “corporate raider,” but that term, loaded with negative connotations, is simply inaccurate. Bain didn’t engage in hostile takeovers when Romney was at the helm.
That ad also repeats the claim that as governor of Massachusetts, Romney was “outsourcing state jobs to India.” But it wasn’t the state that outsourced contracts. Rather, Romney vetoed a measure that would have prevented the state from doing business with a state contractor that was locating state customer-service calls in India.
Now, those of you who have read my blog and/or followed Dad and I on the Kingston Chronicles Television show know that I was not a big fan of Governor Romney. I was pushing for Governor Huckabee. (Dad always like Romney though.)
Though I still have some concerns, I am going to support Romney wholeheartedly against President Obama. I personally believe this election is about the fundamental direction and purpose of our country. Will this great country continue to be the beacon of freedom our Founding Fathers hoped for or will be become a socialist republic following the failed models of Europe?
To use an analogy, if you hire someone to repair your house and then find out 90% through the intended time period for the job that the worker has not only failed to make the promised repairs, but also has made the home even worse by adding a poorly constructed addition that you neither wanted nor needed, would you allow that person another opportunity or would you fire him and hire someone new??
I believe that President Obama has failed. He still blames President Bush despite being in office for three years, five months, and twelve days. Instead of focusing on the economy, President Obama focused his efforts on his healthcare law. He should have bee focusing on the economy. That shows poor judgment. It is time to hire someone new.
Four years from now, if President Romney has failed to do the job, then he will have to be fired and someone new hired. One way or the other, we must find someone capable of righting the economy.