President Obama told WAVY-TV that his re-election campaign will not apologize to Mitt Romney for saying he outsorced jobs while CEO of Bain Capital.
Said Obama: “No. We will not apologize. Mr Romney claims he’s Mr. fix-it for the economy because of his business experience, so I think voters entirely legitimately want to know what is exactly his business experience.”
“And as the head of a private equity firm his job was to maximize profits and help investors. There is nothing wrong with that. On the other hand that company also was investing in companies that were called by the Washington Post ‘the pioneers of out sourcing.’ Mr. Romney is now claiming he wasn’t there at the time except his filings with the SEC listing says he was the CEO, Chairman, and President of the company. As President of the United States, I’ve learned and we just talked about it, anything that happens on my watch is my responsibility. Harry Truman said ‘the buck stops with me’ and I think understandably people are going to be interested in are you in fact responsible for this company you say is one of your primary calling cards for your wanting to be President.”