LMHO. Litte Willard says Obama's cronyism "stinks."

Jul 16, 8:27 PM EDT

Cronyism and outsourcing: Romney, Obama trade jabs

By CHARLES BABINGTON and STEVE PEOPLES
Associated Press

CINCINNATI (AP) -- Using unusually vivid language, Mitt Romney tried to take the political offensive against President Barack Obama on Monday, accusing Obama of cronyism that "stinks" in steering federal contracts to supporters. He also dropped hints through a spokesman that a vice presidential pick could come any day.

Unfazed, Obama needled his Republican rival for finally having a job-creation plan - for people overseas.

At the same time, though Romney endeavored to switch the campaign focus, questions about his tenure at Bain Capital, a venture capital company, seemed destined to shape the conversation at least a while longer. On a day devoted mainly to raising money, Romney went on Fox News to complain that all Obama can do "is attack me" on Bain and other subjects rather than taking useful steps to improve the economy.

Sure enough, the Democratic incumbent showed no sign of letting up.

Rallying for support in crucial Ohio, Obama said Romney's proposal to free companies from taxes on their foreign holdings would displace American workers. The president cited a study he said concluded that "Gov. Romney's economic plan would in fact create 800,000 jobs. There's only one problem, the jobs wouldn't be in America."