Obama’s Top Money Man Was In Charge of Bain Capital During GST Steel Layoffs
Also see - Obama invested heavily with outsourcers, after accusing Romney of doing the same… - LINK
President Obama accused Mitt Romney of being responsible for shutting down this American Steel plant, saddling it with debt, and screwing the employees out of their pensions, but Mitt Romney left Bain Capital two years before this happened to run the Olympics. So who was in charge of Bain Capital when this happened? You guess it, Obama's top campaign money bundler John Levine. Does it get any better than this?
Our friends Chuck Slowe and Jim Hoft have a great report on this. Be sure add their websites to your daily reading:
The Obama campaign blamed Governor Mitt Romney for the demise of GST Steel company in a video they released in May. The plant closed in 2001. Mitt left Bain in 1999. [youtube=http://www.youtube.com/watch?v=ZMndjLIQUFw]
[Political Arena Editor's Note - I ripped this video to my hard drive just in case it vanishes from Obama'sYoutube Channel]
For some reason the Obama camp forgot to mention this… Obama’s top bundler Jonathan Lavine was in charge of Bain during the BST layoffs.
Chuck Slowe reported:
Blaming Governor Romney for any issues surrounding the failure of GST is wrong and it is a blatant lie. Mitt Romney had been long gone when the company started to fail and subsequently closed it doors. When are the President and his campaign hacks going to get the story correct? When are they going to get back to their economy and its dreadful condition? Mr. President, you can run but you cannot hide.
It turns out that Jonathan Lavine, current Obama bundler, was actually in charge, at Bain, during that period, when the layoffs occurred. Oops, that isn’t right, is it? Yes, that story is the one that needs to be reported on. Sorry Mr. President, your lies are just getting to be more than many of us are able to handle.
And, Jonathan Lavine is not your average Obama Bain donor. Lavine is one of Barack Obama’s top bundlers. ABC reported:
While Democrats assail presumptive Republican presidential nominee Mitt Romney’s Bain Capital business practices, Republicans note that President Obama has not been bashful about accepting cash from Bain executives or other high-profile figures in the corporate buyout business…
…One of Obama’s top campaign financiers – Jonathan Lavine – is also managing director at Bain, bundling between $100,000 and $200,000 in contributions for the 2012 Obama Victory Fund, according to estimates released by the Obama campaign. The president has also relied on other leading figures in the private equity sector as hosts for high-dollar fundraisers and as members of his Jobs Council.
Maybe someday the liberal media will report on this.