Billionaire mogul Donald Trump is telling presumptive Republican presidential nominee Mitt Romney to "go at it" and attack President Barack Obama for his former association with Rev. Jeremiah Wright.

The reality star on Monday told the hosts of Fox & Friends that he was outraged at the way the Obama campaign has blamed Romney for jobs that were killed by Bain Capital, an investment firm that the candidate founded.

"It was a very unfair ad and, frankly, if I were Mitt -- and Mitt is a very honorable guy -- he stopped the Rev. Wright ads and he was sort of opposed to him," Trump said. "I'd let him go at it."

"Because what's really -- you're going back into the past. Mitt has done an amazing job at creating jobs. He's really done an incredible job. And I think it's very unfair. So, you know, if it's going to be game on, let it be game on. Go after Obama."

The New York Times revealed last week that the the pro-Romney super PAC had proposed an ad campaign linking Obama to Wright. Their plan went so far as to suggest possible responses to charges of race-baiting if ads were to mention Wright’s “black liberation theology.”

After learning of the proposal to use Obama’s former association with Wright, Romney told reporters that he repudiated the effort.

“I think it’s the wrong course for a PAC or a campaign,” the candidate said. “I hope that our campaigns can be respectively about the future and about issues and about vision for America.”

But on Sunday, Obama campaign strategist David Axelrod said Romney had only “tepidly and reluctantly” condemned the super PAC’s proposed ad campaign.

“We have said [that Romney's faith is] not fair game,” Axelrod told CNN’s Candy Crowley. “And we wish Governor Romney would stand up as resolutely and consistently, to refute these kinds of things on his side.”

Republican National Committee Chairman Reince Priebus on Sunday actually blamed the president for reports about the possible attack ads using Wright.

"I know how it works," Priebus insisted to CNN's Candy Crowley. "It's the Democrats and Barack Obama that want the story out there."

"So, look, this president’s got a bigger problem and his problem is no matter what he puts out there, no matter what distractions he puts out there, he can’t change the truth and escape the reality of where we are in this American economy. And it’s no good."

Watch this video from Fox News' Fox & Friends, broadcast May 21, 2012.

(h/t: Talking Points Memo)