The Hypocrisy of Obama’s Bain Bundler
As Katrina reports, Mitt Romney left Bain Capital in 1999 to manage the Winter Olympics, two years before GST Steel declared bankruptcy. But that hasn’t stopped President Obama from blaming him for the company’s 2001 collapse. In a new Obama campaign video, ex-steel workers criticize Romney for being “out of touch” with the “average working person.” Left unmentioned (and blameless) is Jonathan Lavine.
Lavine, according to the Los Angeles Times, is a top Obama bundler and a managing director at Bain Capital. Lavine, who has raised over $100,000 for the president, was at the firm when GST Steel declared bankruptcy. So according to the Obama team’s logic, Romney, who had left Bain, is responsible for GST Steel’s demise, but Lavine, who was there, is not? Expect to hear more about this connection.