Monday, May 14, 2012

Obama Lies Against Romney's Bain Capital

Two years after Romney quit the day-to-day operations of Bain Capital to head the Salt Lake City Olympics, the Daily Caller reports, the layoffs at GS Technologies occurred.


Yet, featured prominently in an anti-Romney ad is a former steel worker named Joe Soptic. As it turns out, Soptic is no stranger to “the anti-Bain beat,” as the Washington Examiner’s Charlie Spiering puts it.
“In January, Soptic complained to Democracy Now, a liberal non-profit TV station, that when the steel company he worked for was bought out, they tried to buy him out,” Spiering reports.
While interviewing on Democracy Now, Soptic said: “I guess the first thing I noticed that when the company was bought out by GST, They became very union non-friendly, they started looking for ways to eliminate jobs.”
“In my case in my department, they actually offered to buy our jobs out from underneath us[emphasis added],” he added.
Soptic also told his interviewer that he was angry because his pension was cut. He went on to clarify that although his 401k was untouched, he still lost $400 a month from his pension.
However, that $400 figure is $117 more than what he told Reuters in a January 2012 story. In the Reuters report, he said he was losing $283 per month from his pension.


The Anti-Romney ad