Mitt Romney: An Unshakable Record -

Uploaded by BarackObamadotcom on 30.08.2012

I think he hit a reset button for the fall campaign. Everything changes. It's almost
like an Etch-A-Sketch, you can kind of shake it up and we start all over again.
When Mitt Romney was CEO of Bain Capital, Bain invested in a series of companies, including
call centers and manufacturers, that expanded overseas, sometimes at the expense of American
workers. That plant went bankrupt, the 750 workers
were laid off and Bain did make millions of dollars in profits.
What he did do was add $750 million in fees, which is just another way that the government
collects money like taxes. If Mitt Romney's an economic heavyweight,
we're in trouble, because he was 47th out of 50 in job creation in the state of Massachusetts
when he was governor. I was a severely conservative Republican governor.
The natural disclosure forms reveal that he and his wife have had millions of dollars
in offshore funds, in the Cayman Islands and elsewhere.
Romney has gone to great lengths to keep secret many important details about his wealth, including
whether he uses tax loopholes available only to the super rich.
The plan proposed by Romney's new running mate Paul Ryan to turn Medicare into a voucher-like
system. It would cost Medicare patients an average
of $6400 in out-of-pocket expenses. Romney's proposal would provide large tax
cuts to high-income households, and increase the tax burdens on middle and/or lower-income