Obama, Romney Campaigns Exchange Shots In Bain Dispute

July 12, 2012 12:00 AM
Obama, Romney Campaigns Exchange Shots In Bain Dispute
" WASHINGTON (AP) — President Barack Obama and Republican rival Mitt Romney’s campaigns traded accusations of lying Thursday, ratcheting up an already heated race for the White House.

The Romney camp’s charge came in a hard-hitting, new TV ad accusing Obama of misleading, unfair and untrue attacks.

The Obama campaign hit back, blasting Romney’s “big Bain lie” and raising the possibility that he committed a felony for possibly mischaracterizing his exit from the Boston-based private equity firm he once ran.

Both sides looked to paint the other as little more than the typical politician as they sought an edge in what polls have shown to be a neck-and-neck contest. But each ran the risk of alienating voters fed up with negative campaigning.

The Romney campaign ad, titled “No Evidence,” accuses Obama of falsely depicting the former Massachusetts governor as someone who shipped jobs overseas when he ran Bain Capital. The ad, which will run in several battleground states, asks voters: “When a president doesn’t tell the truth, how can we trust him to lead?”

The ad tries to show that dishonesty is a pattern with Obama and points to his 2008 Democratic primary rival, Hillary Rodham Clinton, to do it "

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