Romney: Obama a 'crony capitalist'
January 5th, 2012
10:12 AM ET
2 years ago

Romney: Obama a 'crony capitalist'

Salem, New Hampshire (CNN) - Mitt Romney continued to step up his attacks on President Barack Obama Thursday, charging he was a "crony capitalist" who protected his own job ahead of Americans'.

During a town hall with voters at the Salem Boys and Girls Club, Romney repeatedly said the president had looked out for his friends and donors to the detriment of economic growth.

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"The president is a crony capitalist. He's a job killer," Romney said. "People who happen to contribute to his campaign are finding they get government help in starting their business. This is crony capitalism."

Romney pointed to the recess appointments Obama made Wednesday to the National Labor Relations Board, saying the president was "paying back big unions that helped his campaign."

The same day, Romney's campaign released a television ad in South Carolina hitting Obama for the appointments. Romney and Sen. John McCain planned to campaign in the state Thursday afternoon.

The former Massachusetts governor, who in recent weeks has trained his attacks almost exclusively on the president instead of his Republican opponents, also cited the federal government's loan to failed solar manufacturer company Solyndra. President Obama touted Solyndra in a speech last year.

"He said he wanted to create green jobs," Romney said. "I don't think we understood he wanted jobs for the people who gave him the green."

Ben LaBolt, Obama's campaign press secretary, pointed to Romney's own jobs record in response to the candidate's comments.

"This is a bold statement from a governor whose state was 47th out of 50th in job creation during his tenure and a corporate buyout specialist who enriched himself by bankrupting companies and outsourcing jobs," LaBolt said. "While the president is fighting to ensure that hard work and responsibility are rewarded, and that everyone from Main Street to Wall Street plays by the same set of rules, Mitt Romney is willing to settle for an economy where fewer people succeed no matter how hard they work."

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Perry will 'reset the campaign' in South Carolina, adviser says


Filed under: 2012 • Mitt Romney • President Obama
soundoff (7 Responses)
  1. GI Joe

    i THINK he has 4 fingers pointed at himself.

    Made his millions sending our jobs overseas so CORPORATIONS could improve their bottom line.

    newt was right. He's a Liar.

    January 5, 2012 10:14 am at 10:14 am |
  2. ART

    Which one of his many faces was he talking from, I've been fishing and have pulled fish out of water that did less flip flopping than this moron. Some one needs to poke him to see if he is a real human being or an android.

    January 5, 2012 10:21 am at 10:21 am |
  3. Marcus

    Says the guy who made a living at Bain Capital doing what exactly?

    January 5, 2012 10:27 am at 10:27 am |
  4. Todd M

    Well which is it? A capitalist or socialist? you want to do everything to get Obama reelected, don't you?

    January 5, 2012 10:27 am at 10:27 am |
  5. Lynda/Minnesota

    At some point most politicians should sit back and review their own comments in hope of averting continual embarrassment of themselves. Mitt Romney has long since reached that point in his campaign.

    January 5, 2012 10:33 am at 10:33 am |
  6. Ken in MD

    " the president had looked out for his friends and donors to the detriment of economic growth." Sounds more like Bush than Obama. Remember who got us into this mess in the first place? And how?

    January 5, 2012 12:02 pm at 12:02 pm |
  7. silliness

    True, but this is what Americans want from their government. Why else would we keep electing Democrats and Republicans?

    January 5, 2012 12:13 pm at 12:13 pm |