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Obama ad with singing Romney hits rival on jobs, offshore accounts

President Obama’s campaign on Friday launched a new video attack on Mitt Romney, hammering the GOP candidate on his record at Bain Capital, and mocking his singing in the process.

The new ad opens with footage of Romney singing “America the Beautiful” at a campaign rally in Florida in January, ahead of that state’s GOP primary. 

While Romney sings in the background, the ad runs clips from news reports about Romney’s tenure at private equity giant Bain, claiming that his firm was key in allowing American businesses to move jobs overseas.  The headlines overlay images of shuttered factories and empty assembly lines. 

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Other headlines report on Romney’s offshore holdings in Switzerland, Bermuda and the Cayman Islands.

“Mitt Romney’s not the solution. He’s the problem,” a title card reads, as the ad concludes. 

The campaign says the ad is running in key swing states including Colorado, Florida, Iowa, New Hampshire, Nevada, North Carolina, Ohio, Pennsylvania and Virginia. 

Obama’s campaign has put Romney on the defensive over claims that he personally profited from helping American businesses send jobs overseas while running Bain and by calling on him to release more tax records so voter can better understand his finances. 

Obama’s attacks intensified after a report in the Boston Globe which questioned when Romney had severed his ties with his company, with the president’s campaign saying he was responsible for the firm’s actions after 1999, when Bain aided in the offshoring of American jobs.

Romney has said he left the firm in 1999, but records filed with the Securities and Exchange Commission claim he continued to manage the firm beyond that time. 

“I think most Americans figure if you are the chairman, CEO and president of a company that you are responsible for what that company does,” Obama said in an interview with ABC aired Friday.

Romney hit back later in the day, calling on the President to apologize for the attacks on Bain. “He sure as heck ought to say that he’s sorry for the kinds of attacks that are coming from his team,” Romney said, claiming the attacks were untrue. “If I were president of the United States I would put a stop to it and apologize to my campaign for what has been done by his.”

Romney’s campaign has denied that he placed his money in “tax havens” abroad and said Romney has paid all taxes owed in the U.S. They accuse the Obama campaign of seeking to distract voters from two months of weak jobs growth numbers.

“As the failures of his presidency become more evident, Barack Obama has resorted to the tactics of a typical politician – dishonest and totally unsubstantiated attacks meant to distract from his own record by smearing the reputation of his opponent,” said Romney campaign spokesman Amanda Henneberg, in a statement to The Hill. “The Obama campaign appears to be stuck in their own ‘groundhog day,’ repeating the same, debunked charges they’ve waged for weeks in an effort to distract voters from this administration’s failure to fix the economy and create jobs. Americans deserve a president they can trust, and not someone willing to say and do anything to win an election.”

The president’s team, however, has countered that Romney’s tenure at Bain raises questions about the economic policies the presumptive GOP nominee would enact were he elected.

This story was updated at 10:32 a.m. with a response from the Romney campaign.