Under attack, Romney accuses Obama of cronyism
July 16th, 2012
09:53 PM ET
10 years ago

Under attack, Romney accuses Obama of cronyism

Pittsburgh, Penn. (CNN) - As Mitt Romney's opponents continued to hammer him over details of his business record, the presumptive GOP nominee sought to change the conversation Monday with sharp criticism of President Barack Obama's record in office.

After a weekend dominated by family time, Monday was also a banner day of fund-raising for Romney. He headlined two events that raised roughly $3.7 million, according to pool reports.

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Romney's new attacks came on yet another day when the presidential candidate found himself pushing back against Democratic attacks on his record at private equity firm Bain Capital.

Speaking to donors in Louisiana and Mississippi, Romney renewed his criticism of some loan guarantees made by the Obama administration, especially to automobile company Fisker. During a luncheon fund-raiser in Baton Rouge, Louisiana, Romney suggested Obama had steered tax dollars to businesses whose owners supported him.

"It is taking your tax dollars and putting it in businesses owned by contributors to his campaign, and that is smelly at best," Romney told an audience of 40 people, who each paid $50,000 to hear him speak. "It stinks."

The former Massachusetts governor further fueled vice presidential rumors by appearing alongside Louisiana Gov. Bobby Jindal at the luncheon in Louisiana. An aide to the presumptive presidential nominee tweeted a picture of Romney with Jindal - who's widely believed to be in contention to become Romney's number two.

Jindal blasted Obama for running what he called "an increasingly desperate and negative campaign."

"This president can't run on his record so he has to lie about Gov. Romney's record," Jindal said. "He's been the most liberal, most incompetent president since Jimmy Carter was in the White House. No disrespect to Jimmy Carter, by the way."

Later in the evening, in Jackson, Mississippi, Romney's state finance chairman announced Romney's second fund-raiser had raised more than $1.7 million, which he said was a state record.

An Obama spokeswoman defended Obama's loan guarantee program and accused Romney of turning to attacks in an attempt change the subject and avoid answering questions about his record at Bain.

"Launching a warmed over and false line of attack that has already been debunked by independent news organizations and fact-checkers won’t help him," said Obama campaign spokeswoman Lis Smith.

Filed under: 2012 • Fundraising • Louisiana • Mitt Romney
soundoff (34 Responses)
  1. T'sah From Virginia

    ►Under attack, Romney accuses Obama of cronyism◄
    Under attack, Obama accuses Romney of WHINEYISM!!!

    Cry Romney Cry
    Wipe your WEEPING eyes!

    Obama 2012 – The Only Trusted Way Forward!

    July 17, 2012 12:09 am at 12:09 am |
  2. Thomas

    Dose Mitt Romney refer to his Special interest friends as cronies ?

    Is Karl Rove and friends not cronies , or is they just nice guys helping Mitt rotate his tiers ?

    The hypocrisy with Mitt never ends !

    July 17, 2012 12:15 am at 12:15 am |
  3. vic , nashville ,tn

    Mainstream media, local news paper, and late night shows are talking about Bain its working
    Some conservatives are asking Romney release his tax returns so Bain attack is working
    Fox, Romney are whining so Bain attack is working

    July 17, 2012 12:25 am at 12:25 am |
  4. judy

    romney is a lying creep. And even his own party knows this. Tell us about your taxes???

    July 17, 2012 12:36 am at 12:36 am |
  5. CRAIG

    Jindal's confused. The Republicans put us in the financial hole & the Democrats dig us out...Clinton revived us after 12 years of Reagan & GHW Bush & Obama is working hard to breathe life back into our fragile national body. It will take four more years to get our hearts beating again & another eight from the next Democratic president to get us walking. And, you better pray that a Republican will never reside at 1600 Pennsylvania Avenue again.

    July 17, 2012 01:13 am at 1:13 am |
  6. Carlos

    I guess his super pac donors aren't going to want something from him should he win??? Weak arguement. Weak weak weak! And stupid!

    July 17, 2012 01:27 am at 1:27 am |
  7. Jlo

    Nobody cares about bain. Citizens r losing jobs and homes etc..... Economy matters not this bs bashing. Wake up team obama.... You dont get it

    July 17, 2012 02:03 am at 2:03 am |
  8. bassman

    It was Gov. Palin who fisrt accused Pres. Obama of crony capitalism in a speech in Indianola, Iowa. Nice to see Mr. Romney following her.

    July 17, 2012 04:09 am at 4:09 am |
  9. Eli Antoine

    I think America needs to realize is that every time we rush and put a Republican in office our country sinks. Im not an Obama fan only because I think he can do a lot more. He needs to stop thinking about him being the first black president. But remember he has only been in office for 4 years so he can't clean up 16 years of Republican mess. Bush n his father did a great job sinking us. Lets just give Obama a second chance.

    July 17, 2012 07:45 am at 7:45 am |
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