Romney's Latest Web Ad Targets DOE Loan Guarantees, Crony Capitalism

Mitt Romney's latest web ad targets President Obama's inability to create jobs, the failures of the Department of Energy's loan guarantee program, and "contracts steered to ‘friends & family.'" Watch here:

Here's the script:

VOICEOVER: “President Obama is spending your tax dollars to create jobs.” 

VIDEO TEXT: “How’s He Doing?” 

VOICEOVER: “How’s he doing?” 

VIDEO TEXT: “Solyndra”

VOICEOVER: You’ve heard of Solyndra.”

VIDEO TEXT: “535 Million”

VIDEO TEXT: “Taxpayer Loan Guarantees (Your Money)”

VIDEO TEXT: “Bankrupt”

VOICEOVER: “They took $535 million in taxpayer loan guarantees and went bankrupt.”

VOICEOVER: “But that’s not even half the story.”

VIDEO TEXT: “Obama’s Department Of Energy”

VIDEO TEXT: “Handed Out Billions”

VIDEO TEXT: “Loans And Grants” 

VOICEOVER: “Obama’s Department of Energy has handed out billions of dollars in loans and grants.”

VIDEO TEXT: “First Solar”

VOICEOVER: “First Solar”

VIDEO TEXT: “3 Billion Taxpayer-Backed Loan Guarantees.”

VOICEOVER: “3 billion dollars in taxpayer-backed loan guarantees.”

VIDEO TEXT: “Cutting Jobs”

VIDEO TEXT: “All Time Low” 

VOICEOVER: “Now they’re cutting jobs and their stock is near all-time lows.”

VIDEO TEXT: “ECOtality”

VOICEOVER: “ECOtality”

VIDEO TEXT: “$126 Million In Taxpayer Money”

VOICEOVER: “Received $126 million in taxpayer money.”

VIDEO TEXT: “Lost $45 Million”

VOICEOVER: “Lost $45 million and currently under investigation.” 

VIDEO TEXT: “SunPower”

VOICEOVER: “SunPower”

VIDEO TEXT: “More Than A Billion Dollars In Loan Guarantees.”

VOICEOVER: “More than a billion dollars in loan guarantees.” 

VIDEO TEXT: “Lost Half A Billion Last Year”

VIDEO TEXT: “Laying Off Workers”

VOICEOVER: “Lost half a billion last year. Laying off workers.”

VIDEO TEXT: “More Than $16 Billion” 

VIDEO TEXT: “For Obama And Democrat Donors”

VOICEOVER: “More than 16 billion dollars have gone to companies like Solyndra that are linked to big Obama and Democrat donors.” 

VIDEO TEXT: “Contracts Steered To ‘Friends & Family’”

VOICEOVER: “The Inspector General said contracts were steered to ‘friends and family’”

VIDEO TEXT: “Giving Taxpayer Money To Big Donors”

VOICEOVER: “Obama is giving taxpayer money to big donors.”

VIDEO TEXT: “Watching Them Lose It”

VOICEOVER:  “And then watching them lose it.”

VIDEO TEXT: “Good For Them”

VIDEO TEXT: “Bad For Us”

VOICEOVER:  “Good for them. Bad for us.”