Political Hotsheet
By

Lucy Madison /

CBS News/ January 5, 2012, 12:16 PM

Romney blasts Obama as "crony capitalist"

Republican presidential candidate former Massachusetts Gov. Mitt Romney arrives at a Boys and Girls Club, Thursday, Jan. 5, 2012, in Salem, N.H.

/ AP Photo/Matt Rourke

Mitt Romney on Thursday returned his focus from his fellow Republican presidential candidates to President Obama, blasting the president for being a "crony capitalist" and a "job killer."

Romney, speaking at an event in Salem, New Hampshire, laid into Mr. Obama for taking what he called the "extraordinary" step of bypassing Congress for three appointments to the National Labor Relations Board (NLRB) on Wednesday.

"Yesterday the president did one more thing, an extraordinary thing, that convinces anybody who will go elsewhere that maybe they ought to go elsewhere," Romney told the crowd. "And that is that he said 'I ought to put more labor stooges on the National Labor Relations Board.'"

Presidential recess appointments are not unusual. According to the Congressional Research Service, former President Bill Clinton made 139 recess appointments during his two terms as president, and former President George W. Bush made 171. As of December 8, 2011, Mr. Obama had made just 28 recess appointments during his tenure as president. But Wednesday's action is unusual because Republicans have deliberately kept the Congress open officially, even though no legislative work is being done, in an effort to prevent Mr. Obama from doing what he did.

Romney decried the appointments as crony capitalism, and claimed the president's move would drive jobs out of the country.

"Capitalism, free enterprise works. Crony capitalism does not. This president has engaged and is engaging in crony capitalism. It's happening with the National Labor Relations Board where he's paying back the big unions that helped his campaign," Romney said Thursday.

"This president is a crony capitalist. He's a job killer."

"Inserting himself, inserting government into the machinery of free markets -- that is going to cause businesses of all kinds to say 'let's go somewhere else.' I want to keep them here. I don't want jobs to leave," Romney added.

Republicans had fiercely opposed the appointment of the three labor appointments, which were sent to Congress for consideration in December, on the grounds that the NLRB leans too far in favor of unions.

During his remarks, Romney also referenced the president's ties to Solyndra, the energy company which went bankrupt after receiving a loan from the federal government for more than $500 million.

The former Massachusetts governor, who is campaigning with John McCain in New Hampshire ahead of the January 10 caucus, is heavily favored in the state among the Republican field: According to a daily tracking poll by Suffolk University, he leads with 41 percent support. The next in line is Ron Paul, who earned only 18 percent, followed by Rick Santorum, with eight percent. (Both Paul and Santorum saw small jumps, four percent and two percent respectively, following their third and second-place finishes in Tuesday's Iowa caucuses.)

© 2012 CBS Interactive Inc. All Rights Reserved.
47 Comments Add a Comment
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76SpiritOf says:
Job Killer?

Has Romney even looked at the job that were created in December?

Its very obvious to me that he is unfit to lead if he cannot even recogonize and accomplishment like that!

I'll stick with Obama!
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Mike3215 replies:
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The Wilshire 5000 is down to 3,761 companies on Obama's watch. It hasn't been that low since Jimmy Carter.
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sandy 1027 says:
Since Republicans in the Senate have continued to play their obstructionist game of only convening for a few minutes , only to adjourn to avoid moving on the president's proposals and nominees, the president did what he is Constitutionally permitted to do( and other presidents have done, routinely; and made recess appointments to fill the vacancies on this board, which is a federal agency.If Senate Republicans had not been playing games up to this point,( something that even GOP Senator Scott Brown acknowledged when he voiced his support for the president's recess appointment of the consumer protection bureau chief, using the word "broken' to describe the dysfunction in Congress ) this would not have happened.
Given Mr. Romney's history of taking over corporations, and turning around the maximum amount of profits for the investors, quite often at the employees' expense; it isn't a good idea to rail against the president for making appointments to the National Labor Relations Board.
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DCCorruption says:
Romney is the crony capitalist here, not Obama. Romney would appoint a pro-business leader in a position called national LABOR relations board. Since Romney has probably never worked a day in his life, the guy is clueless about job titles and evidently stupid to boot.
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lillieruby replies:
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Agreed. I'm simply flummoxed by both of Romney's comments regarding Obama, "a crony capitalist" and "like Marie Antoinette: 'Let them eat cake".

It's as if Romney's campaign managers are plucking the most common criticisms of the GOP and flinging them back at Obama.
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luadda22 says:
by dzaffina January 5, 2012 1:44 PM EST

Acusphere, a biotechnology firm headed by a Romney campaign donor, got $2 million in 2004 that it was supposed to put toward a $20 million manufacturing facility in Tewksbury, which never became fully operational....

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You mean kind of like Obama and Solyndra's $535 million??

That kind of makes Romney look like a piker.
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irreverentasever says:
What hypocrisy from Romney. Just do an internet search for the top campaign contributors to Romney and you'll see it's all his best friends, banksters, unethical investments companys and credit card cartels.
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wfw3536 replies:
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Oh, I guess the fact that Obama calls out the wallstreet fat cats, but raised more money from these same folks than anyone else in 2008 makes this all such a joke. Wise up, Obama has his hand out just like anyother politican.
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luadda22 says:
by dzaffina January 5, 2012 1:44 PM EST
---Through the third quarter of 2011, Romney collected a whopping $367,200 in Goldman Sachs employee donations, along with $170,350 from Morgan Stanley and another $123,800 from JPMorgan Chase.
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And??

Obama;
Goldman Sachs $1,013,091
JPMorgan Chase & Co $808,799
Morgan Stanley $512,232

Your point is?
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kevjustice says:
WILLARD romney will star in the movie remake of......"willard". he likes to associate with wall street RATS! LOL!!
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lloydbest1 says:
""Capitalism, free enterprise works. Crony capitalism does not. This president has engaged and is engaging in crony capitalism." - Mitt Romney.

And GWB wasn't???
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luadda22 says:
by dzaffina January 5, 2012 1:58 PM EST
"I don't think you have to actually have an address on Wall Street to be a part of Wall Street. I don't think anybody gets confused that Bain Capital is part of that whole Wall Street structure. I don't think that's lost on anybody," Rick Perry
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So. Obama's fundraising advantage is clear in the case of Bain Capital. Not surprisingly, Romney has strong support at the firm, raking in $34,000 from 18 Bain employees. But Obama has outdone Romney on his own turf, collecting $76,600 from Bain Capital employees through September - and he needed only three donors to do it.
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_Liann_ says:
Michele Backmann got Tea Bagger witch Christine O'Donnell to put a trade-bodies spell on Mitt. I hope her tactic works better in the new body than it did in the old one.
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