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Daily Kos Resurfaces Bain Bailout Orchestrated By Romney

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Daily Kos highlights a new line of attack Mitt Romney is using now that Michele Bachmann is out of the race: “This president is a crony capitalist. He’s a job killer… This president has engaged and is engaging in crony capitalism.”

As Kos notes, that’s an accusation that could come back to haunt Romney, since he orchestrated a federal bailout of his own company, Bain Capital, in 1991, in which the FDIC forgave $10 million in debt the company owed. So if there’s one person whose job may have been saved by “crony capitalism,” it’s Mitt.

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