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It’s been my experience that high school boys are, overwhelmingly, jerks. Apparently, this is news to the Obama campaign, but of course, these are the people for whom everything is unexpected, so maybe it’s not surprising.
So we learn that Mitt Romney bullied a student, who he may or may not have known was gay, when he was in high school. Not something anyone should be proud of, but maybe it was just “Reflective of the struggles and confusion of a teenage boy. Teenage boys are frequently confused.”
Romney says, and I’m inclined to believe him, that he didn’t know the student in question was gay. When I was in high school in the 70s, homosexuality wasn’t really on my radar and that was nearly 20 years and a whole lot of sexual revolution later.
Update 1: Another perspective on the “gay-bashing” incident.
Update 2: Jeff at The Lid gets his hands on this story. LOLZ ensue.
it's only words 
There was no “gay” back then anyway.