Last week’s political fisticuffs over Mitt Romney’s tenure at Bain Capital came to a head on Saturday with the Obama campaign’s release of a devastating new ad.

The ad, titled “Firms,” mockingly plays Romney’s rendition of “America the Beautiful” from the campaign trail over scathing headlines and empty factory floors. Waves gently crash ashore as the ad points out that Romney stashed some of his considerable wealth in the Cayman Islands.

Read more…