Pro-Obama super PAC Priorities USA Action is up with a new ad Thursday, attacking Mitt Romney for profiting from bankruptcies that occurred under Bain Capital's watch. The ad is based on stories which detailed how Bain Capital took in huge profits even if a company they owned went bankrupt. The average profit in these cases, the ad says, is $92 million.
"Romney bought companies. Drowned them in debt. Many went bankrupt. Thousands of workers lost jobs, benefits and pensions," the narrator says. "But for every company he drove into the ground, Romney averaged a $92 million dollar profit."
Priorities USA Action has been going after Romney's Bain record for a while, even after the Obama campaign itself backed off the attacks. This is their fifth on Bain and part of a $10 million ad campaign running on television and online in Colorado, Florida, Ohio, Pennsylvania and Virginia.