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Jul 17, 2012

Workers at Bain-owned plant appeal to Romney to save their jobs

By Andy Sullivan

(Reuters) – As Republican presidential candidate Mitt Romney faces a withering attack over outsourcing and layoffs by his former firm, Bain Capital, employees at a Bain-owned company are appealing to Romney to stop their jobs being shipped overseas.

Romney has played no part in Sensata Technologies Inc.’s decision to move its auto-sensor business to China. But he owns millions of dollars worth of Bain funds that hold a controlling stake in the Massachusetts-based company.

Jul 15, 2012

Obama says he won’t apologize for Bain attacks

WASHINGTON, July 15 (Reuters) – U.S. President Barack Obama
will not apologize to Republican presidential candidate Mitt
Romney for raising questions about his tenure and the timing of
his departure from private equity firm Bain Capital, the
Democrat said in an interview published on Sunday.

Romney demanded an apology last week after Obama’s campaign
suggested he may have broken the law by misrepresenting his
position at private-equity firm Bain Capital, part of an
assault on the former executive’s business career and personal
wealth that may be hurting him in the polls.

Jul 15, 2012

Obama allies tell Romney to “quit whining” about Bain attacks

WASHINGTON (Reuters) – Mitt Romney should “stop whining” about attacks on his business record that have knocked the Republican presidential candidate on his heels over the past week, aides and allies of President Barack Obama said on Sunday.

Obama officials said they would not apologize for suggesting that Romney may have broken the law by misrepresenting his position at private-equity firm Bain Capital, part of a relentless assault on the former executive’s business career and personal wealth that appears to have hurt him in the polls.

Jun 28, 2012

Romney to campaign as only hope against “Obamacare”

WASHINGTON, June 28 (Reuters) – The battle over President
Barack Obama’s landmark healthcare law shifted from the Supreme
Court to the campaign trail on Thursday, as Republican
challenger Mitt Romney asked voters to throw Obama out of office
to get rid of the unpopular law.

The high court’s 5-4 decision to uphold the law was a
setback for Romney and his fellow Republicans, who had hoped
that Obama’s central policy achievement would be struck down as
unconstitutional.

Jun 27, 2012

Do election laws encourage attack ads in campaigns?

WASHINGTON (Reuters) – Washington operatives call it “drawing contrasts.” Voters call it “slinging mud.”

Whatever the term used, the most expensive election in U.S. history is likely to feature an unprecedented amount of negative advertising as Republicans and Democrats vie for control of the White House and Congress, campaign officials told the Reuters Washington Summit.

Jun 22, 2012

In Washington, uncertainty the only sure thing

WASHINGTON (Reuters) – The tepid U.S. recovery is stalling for the third summer in a row, and Washington yet again is hurtling toward a showdown over taxes and spending that could push the economy back into recession.

Sound familiar? To weary voters and investors, dysfunction in Washington is no longer news. The ongoing uncertainty on everything from taxes to transportation has undercut the economy as battle lines harden ahead of what is sure to be the most expensive presidential election in history.

Jun 13, 2012

Analysis: Obama’s gamble: Asking for more time to fix economy

WASHINGTON (Reuters) – So far, President Barack Obama has not been able to convince most Americans that they are better off than they were four years ago. His next step may be to try to convince them that they would be worse off under his Republican rival, Mitt Romney.

In an economic speech on Thursday that could set the tone for months of campaigning, Obama is not likely to unveil new ideas to boost the economy and create new jobs, according to Democrats familiar with the preparations for the address.

Jun 13, 2012

Obama’s gamble – Asking for more time to fix economy

WASHINGTON (Reuters) – So far, President Barack Obama has not been able to convince most Americans that they are better off than they were four years ago. His next step may be to try to convince them that they would be worse off under his Republican rival, Mitt Romney.

In an economic speech on Thursday that could set the tone for months of campaigning, Obama is not likely to unveil new ideas to boost the economy and create new jobs, according to Democrats familiar with the preparations for the address.

Jun 11, 2012

Obama’s jobs spin focuses on 27 not-so-bad months

WASHINGTON (Reuters) – For anyone puzzled by President Barack Obama’s comment last week that the private sector is “doing fine,” it might help to put on his administration’s blinders and focus on the last two years.

Obama and his staff have taken pains to regularly remind the public that the U.S. economy has been adding jobs every month since March of 2010, for a total of 4.3 million new jobs.

Jun 7, 2012

Obama campaign raises more questions about Romney’s wealth

WASHINGTON (Reuters) – Republican presidential candidate Mitt Romney is not doing enough to ensure his political actions are not influenced by his multimillion-dollar fortune, officials with President Barack Obama’s campaign said on Thursday.

The Obama campaign questioned why Romney has kept his extensive investments in a blind trust administered by his longtime lawyer, rather than setting up a trust that meets more rigorous federal conflict-of-interest standards.

    • About Andy

      "I've covered presidential elections, hurricanes, corruption scandals and computer hackers since joining Reuters in 2000. In my free time I'm a musician -- my song "The Internet Is Changing Everything" has been played on NPR and CNBC. I'm currently working on a rock opera about Jack Abramoff."
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