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New Obama ad: Romney the job destroyer; Update: Team Mitt’s return salvo

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By Doug Powers  •  May 14, 2012 04:39 PM

**Written by Doug Powers

Does the Obama campaign really want to go there?

Yes they do:

The Obama campaign has launched a new round of negative TV attack ads against Mitt Romney, casting him as a heartless “job destroyer” during his days at Bain Capital.

A two-minute spot, set to begin airing today in five battleground states, tells the story of a Kansas City steel company — GST Steel — which was purchased by Bain in 1993 and went bankrupt in 2001. More than 750 workers lost their jobs when the mill where they worked was closed.

“They made as much money off of it as they could. And they closed it down,” says Joe Soptic, a steelworker for 30 years.

Jack Cobb, who also worked in the industry for three decades, says, “It was like a vampire. They came in and sucked the life out of us.”

Team Obama accuses Romney of loading the company with debt and reaping “quick profits for himself and his investors” at the expense of middle class workers.

A couple of points are conveniently unmentioned in this vampirish ad that will apparently have a very limited engagement. The company in the ad collapsed in 2001. Mitt Romney left Bain in 1999. However, Team Obama’s still blaming Bush for the economy, so it should come as no surprise they feel justified in blaming Romney for the 2001 bankruptcy of GS Technologies even though he left Bain a couple years prior.

Also not mentioned in the Obama ad is Jonathan Lavine, who is a six-figure Obama bundler who was at Bain in 2001, and remains there.

Katrina Trinko at NRO relayed an anecdote about the union situation at GST, another possible contributing factor left on the cutting room floor:

Don’t feel bad for those guys, though — Obama later got them all jobs at Solyndra.

Jim Geraghty in regards to the scary “Romney Economics” website:

Update: The Romney campaign responds:

**Written by Doug Powers

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