Obama ad hits Romney on jobs record, Swiss bank account

The new Obama message, which will be broadcast in battleground states Virginia, Ohio and Iowa — accuses Romney of having 'shipped American jobs to places like Mexico and China' when he led the investment firm Bain Capital.

Jim Cole/AP
Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures as he speaks at the state fishing pier, Monday, April 30, in Portsmouth, N.H.

President Barack Obama and Mitt Romney, the presumptive Republican challenger, are trading attacks in television ads, with Obama accusing Romney of sending U.S. jobs overseas and keeping his money in Swiss accounts.

The Obama ad is partly in response to one released last week by the conservative political group Americans for Prosperity, which suggests money from Obama's $814 billion economic stimulus package went to overseas green-energy companies. Congress passed Obama's massive spending measure in hopes of pulling the U.S. economy out of the worst downturn since the 1930s Great Depression.

The economy is by far the biggest issue in the election, and Romney, who has seemingly locked up the nomination to challenge Obama in November, continues to attack the president on the issue.

The new Obama message, which will be broadcast in battleground states Virginia, Ohio and Iowa — accuses Romney of having "shipped American jobs to places like Mexico and China" when he led the investment firm Bain Capital. It also says Romney "outsourced state jobs to a call center in India" when he was governor of Massachusetts.

"It's just what you'd expect from a guy who had a Swiss bank account," the Obama ad says, referring to Romney's 2010 income tax filing that showed some family money is kept in accounts abroad. Romney's fortune is estimated to be as much as $250 million.

The new Obama ad was released after an exchange in which one of the president's campaign officials said it was unclear whether Romney would have ordered the killing of al-Qaida chief Osama bin Laden. The issue came up on the anniversary of Obama sending a Navy Seals team deep into Pakistan to assassinate bin Laden.

But Romney on Monday said, "Of course," when asked if he would have ordered the bin Laden operation. "Even Jimmy Carter would have given that order," he said. That was a reference to the former Democratic president, whose legacy is weighed down by the 444 days that Iranian revolutionaries held Americans hostage after the Islamic takeover in Tehran.

Carter blamed his 1980 election loss to Ronald Reagan partly on the decision he made to send a military rescue mission that failed to extract the hostages and resulted in the deaths of several U.S. service members.

As the presidential race moves toward full speed, Romney scheduled an appearance Tuesday in New York City with firefighters and former Mayor Rudy Giuliani to mark the one-year anniversary of the killing of bin Laden, who was responsible for the 2001 terrorist attacks on the World Trade Center and the Pentagon.

Former New Hampshire Gov. John H. Sununu, a key Romney supporter who was chief of staff for President George H.W. Bush, said Obama was wrong to take credit for bin Laden's killing. Sununu said the decision ultimately was made by a Navy admiral.

"It's wrong in taking credit and it's wrong in implying that someone else would not have made the same decision," Sununu said before Romney addressed a crowd Monday. "There is no way that anyone sitting in that White House would not have at least done what he did."

Obama, meanwhile, rallied union workers Monday by painting a bleak portrait of America's infrastructure. He blamed Republicans for focusing on tax cutting rather than creating jobs by updating and rebuilding highways, railroads and airports.

Union members greeted him with chants of "Four more years."

You've read  of  free articles. Subscribe to continue.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.