President Obama Part 2 On Mitt Romney, Economics, Bankruptcy, and Bailouts

President Obama’s campaign have another campaign ad featuring Kansas City’s GST Steel and Bain Capital taking them over. “Romney and his partners took control in 1993. They cut corners and extracted profit from the business at every turn, placing it deeply in debt. When the company eventually declared bankruptcy, workers not only lost their jobs but were denied their full pensions and health insurance, and the government was forced to step in and provide a bailout.”

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