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Obama’s Misleading Attack on Bain Capital

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  • Description

    Stuart Varney sounds off on Obama’s attack on Bain Capital.

  • Duration 1:24
  • Date

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Yet another mistake by the Obama campaign and they demonize Mitt Romney and his look at Bain Capital they went after private enterprise the president's supporters jump on the bandwagon and called Romney a job destroyer and woods.

Well the got -- story wrong and in doing so they have alienated moderate Democrats is my take.

You've seen the ads on this program.

Laid off workers broken -- his Bain portrayed as a vampire that suck the money out of -- steel plant and left it bankrupt.

That is a distortion of what really happened at GE ST steel in Kansas City, Missouri.

-- save the company.

Romney's team bought -- in 1993 just as it was about to go Wanda.

-- injected money a hundred million dollars that is not acting like a vampire operation -- -- it.

It bought new equipment it saved jobs.

Mitt Romney left Bain in the late 1990s having breathe new life into GST steel in fact they had saved the company.

And kept it going for eight years laid -- -- yesterday didn't go out of business not because of -- -- but because of cheap foreign couple foreign competition.

With this anti Romney and -- Benin anti capitalist had -- The Obama campaign has misled the American people about the nature all on the results all free -- -- -- That's my take for this Friday may 25 you -- --

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