Obama camp launches withering attack on Romney

The Obama camp launched a withering attack on Mitt Romney, who is leading the race to bag the Republican nomination.

Washington: The Obama camp has launched a
withering attack on Mitt Romney, who is leading the race to
bag the Republican nomination to challenge incumbent Barack
Obama in the presidential elections, labelling him "a corporate
raider" who profited from the termination of average workers.

The open public attack against Romney from the Obama camp
so early in the campaign took many by surprise as the former
Massachusetts governor is yet to firm up Republican nomination
for the presidential election scheduled for November this

The camp is trying to capitalise on the attacks against
Romney over his experience at Bain Capital.
In a memo, Obama strategist Stephanie Cutter attacked
Romney on his economic policies.

In a memo titled "Romney`s Economic Record: Profit at
Any Cost" Cutter said Romney`s business record doesn`t reflect
the virtues of free enterprise so much as the worst
exploitation of it.

The memo was released to the media.
"Our economic crisis and endemic income inequality were
caused in large part by a few who put profits over people.

"Taking advantage of an uneven playing field, where there
was one rulebook for those at the top and another for everyone
else, Mitt Romney and his friends made money hand over fist
while working families lost their grip on the middle-class
lifestyle they earned," he said.

Cutter said between now and November the American people
will decide whether to respond to this crisis by electing a
"corporate raider" who profited from promises to restore
the conditions that caused it, or re-electing a President
fighting to level the playing field for American businesses.

The memo alleged that Romney, when he headed Bain
capitals, closed over a thousand plants, stores and offices,
and cut employee wages, benefits and pensions.
"He laid off American workers and outsourced their jobs
to other countries. And he and his partners made hundreds of
millions of dollars while taking companies to bankruptcy," it

Coming within a few days of Obama making his first trip
to his campaign headquarters in Chicago, is also an indication
that the incumbent and his strategist have started considering
Romney as a tough opponent to them in the November election.
Romney so far has won both the Iowa Caucus and the New
Hampshire Primary.

He is leading by significant margin in the next two
primaries to be held in South Carolina and Florida later this
month, which if he wins would seals his nomination.
Obama camp`s attack against him comes along with the
strong anti-Romney campaign launched by the other Republican
presidential candidates.

Romney who initially went on defensive after his rivals
started attacking him on his record as head of the Bains
Capital, yesterday decided to go on offensive.
His camp yesterday released an advertisement in which he
defends his record as head of the Bains Capital and argues
that he created jobs, as against the impressing being given
otherwise by his rivals.