Boston Globe: Mitt Romney stayed at Bain 3 years longer than he stated

[Winehole23]

Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time.


Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”


Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.http://articles.boston.com/2012-07-12/politics/32633322_1_bain-capital-mitt-romney-financial-disclosure

[CosmicCowboy]

And this is a big deal why?...

[leemajors]

And this is a big deal why?...

Felony? Some articles say it could be. I have little working knowledge of such things though :lol

[coyotes_geek]

And this is a big deal why?...

Kinda my thoughts too. If he's the sole shareholder, it's his company. If he wants to take time away to go work on the Olympics and leave someone else in charge of the day to day operations he's free to do so without having an obligation to sell his company and officially resign from it.

But it's an election and both sides play the "gotcha" game, so point for blue team for coming up with something that looks bad, even though there's nothing wrong with it.

[Winehole23]

And this is a big deal why?...not sure it is one, but if the Romney is a liar meme catches fire it could sink him.

Mitt Romney is without any doubt whatsoever the not only the biggest liar, but also the most casual one, ever to run for president during my lifetime.

[Winehole23]

puts Bill Clinton in the shade

[Th'Pusher]

not sure it is one, but if the Romney is a liar meme catches fire it could sink him.

Mitt Romney is without any doubt whatsoever the not only the biggest liar, but also the most casual one, ever to run for president during my lifetime.

Ya. Was listening to Diane Rehm this morning and one of the panelist made the point that the Obama campaign has moved beyond painting Romney as a rich out of touch asshole to trying to portray him as a deceitful and dirty person. Could work and kinda true.

[CosmicCowboy]

I'd rather have a beer with Romney than Obama.

[CosmicCowboy]

I'd snort coke with Obama if he provided it, though.

[Th'Pusher]

I'd rather have a beer with Romney than Obama.

Yeah, but you're a racist. :lol

[clambake]

do robots drink beer?

[boutons_deux]

"Romney is a liar"

Just so far, and there will be lost of verification by many, he's a liar.

============

"As Bain Capital has said, as Governor Romney has said, and as has been confirmed by independent fact checker multiple times, Governor Romney left Bain Capital in February of 1999 to run the Olympics and had no input on investments or management of companies after that point."

Yet Romney's sworn testimony appears to back up the SEC filings and contradict his personal disclosure forms submitted to Massachusetts officials in 2002, in which he said that he retired from Bain on Feb. 11, 1999.

Romney's lawyer at the Massachusetts hearing said that Romney's work in the private sector continued "unabated" while he ran the Olympics: "He succeeded in that three-year period in restoring confidence in the Olympic Games, closing that disastrous deficit and staging one of the most successful Olympic Games ever to occur on U.S. soil. Now while all that was going on, very much in the public eye, what happened to his private and public ties to the Commonwealth of Massachusetts? And the answer is they continued unabated just as they had."

Instead of leaving in 1999, Romney suggested in his testimony that he only left Bain after the Olympics in 2002: “I left on the basis of a leave of absence indicating that I, by virtue of that title, would return at the end of the Olympics to my employment at Bain Capital, but subsequently decided not to do so and entered into a departure agreement with my former partners. I use that in the colloquial sense, not legal sense, but my former partners."

http://www.huffingtonpost.com/2012/07/12/mitt-romney-bain-departure_n_1669006.html?utm_source=DailyBrief&utm_campaign=071312&utm_medium=email&utm_content=FeaturePhoto&utm_term=Daily%20Brief

http://www.bostonglobe.com/news/politics/2012/07/11/government-documents-indicate-mitt-romney-continued-bain-after-date-when-says-left/IpfKYWjnrsel4pvCFbsUTI/story.html?s_campaign=sm_tw

[leemajors]

I'd rather have a beer with Romney than Obama.

Mormons drink?

[mercos]

The reason the press is making a big deal out of this is because Romney claims that Bain Capital off shored jobs after he left the company. Reports are now claiming that he left the company at a later date, meaning he could have had a hand in off shoring jobs. This story is basically going to be the Liberal equivalent of Fast and Furious, a small story that is blown way out of proportion for political theatrics.

The whole argument of whether or not he was responsible for off shoring jobs is irrelevant. Everyone knows he would have if it made his company money. That was his job, and he was very good at it. That is also why the criticism of said business is fair game, because he uses his years in the business world as evidence that he would make a good president. If you tout your time in the private sector, it will be used against you as much as it is used for you.

[CosmicCowboy]

I knew that was why they were trying to make a big deal out of it but Obama also off shored jobs with stimulus money for "green" companies so that is pretty much a non starter argument.

[boutons_deux]

Maybe this is why Gecko gave 23 years of tax returns to McLiar, but refuses now to give more than a year or two. With those 23 years, we could if he were paid by Bain after 1999 and paid as a director of Bain's takeover targets.

[ChumpDumper]

Next we're going to find out Mitt lied about being a US citizen.

[elbamba]

FactCheck.org is standing by their assessment that Mitt Romney did not actively manage Bain Capital after February 1999, despite today's Boston Globe report that he was CEO there until 2002.

"We see little new in the Globe piece. So far, nobody has shown that Romney was actually managing Bain — even part-time — during his time at the Olympics, or that he was anything but a passive, absentee owner during that time, as both Romney and Bain have long said," Brooks Jackson, a co-author of the FactCheck piece, told POLITICO today.

http://www.politico.com/blogs/media/2012/07/factcheckorg-little-new-in-globe-story-128751.html


http://factcheck.org/2012/07/romneys-bain-years-new-evidence-same-conclusion/

The Pinocchio Test


The Obama campaign is blowing smoke here.We realize that Bauer gets to the word “criminal” by mentioning “investigation,” but that distinction might be lost on most listeners.

Meanwhile, the weight of evidence suggests that Romney did in fact end active management of Bain in 1999. He stated that in a federal disclosure form he signed, under threat of criminal penalties. He said he was a “former employee” in a state disclosure form. A state commission concluded 10 years ago that he did, indeed, leave Bain in 1999. Investors in Bain funds were told he was not part of the management team.

The SEC documents, especially the ones Romney signed, do raise some questions. One can certainly argue that because Romney did not fully extricate himself from Bain till after his Olympic sojourn ended, he should bear some responsibility for what happened in that period. But that is an entirely different matter than suggesting that he is a potential criminal. It is more of a PR problem, which the Obama campaign is trying to exploit to build a larger case that Romney is secretive.

We were tempted to award this claim Four Pinocchios, but the documents with his signature leave some room for inquiry. But, overall, they shrink in importance to the other evidence cited above. (Our colleagues at FactCheck.Org also reaffirmed their similar conclusion.)

Still, if the Obama campaign wants to put its money where its mouth is, it should immediately lodge a complaint about Romney’s financial disclosure form, filed just last year, rather than try to mislead people about potential violations in relatively unimportant SEC documents.


Three Pinocchios

http://www.washingtonpost.com/blogs/fact-checker/post/do-bain-sec-documents-suggest-mitt-romney-is-a-criminal/2012/07/12/gJQAlyPpgW_blog.html#pagebreak

[elbamba]

http://www.washingtonpost.com/blogs/fact-checker/post/mitt-romney-and-his-departure-from-bain/2012/07/12/gJQAASzUfW_blog.html

he could say his retirement started in 1999.

UPDATE: Fortune obtained the offering documents for a Bain Capital Fund circulating in June 2000, as well as a fund in 2001. None of the documents show that Romney was listed as being among the “key investment professionals.” As Fortune put it, “the contemporaneous Bain documents show that Romney was indeed telling the truth about no longer having operational input at Bain -- which, one should note, is different from no longer having legal or financial ties to the firm.”

For interested readers, below is a summary of what we, FactCheck.org and Fortune magazine have previously concluded.


The Fact Checker, Jan. 18, 2012


A 2002 statement he filed with the Massachusetts State Ethics Commission on his financial interests lists ownership of various Bain entities, some of which appear to intersect with the funds that invested in KB Toys. The document says that Romney is “a passive, limited partner [with] no management capacity” in many of these funds.

In the Massachusetts document, Romney is also listed as 100 percent owner of “Bain Capital Inc.” But there is less than meets the eye here. Bain Capital Inc. was the management firm, which was paid a management fee to run the funds and actually made virtually no profit, since it existed to pay salaries and expenses. After Romney formally left Bain in 2001, a new entity called “Bain Capital LLC” took over the management function.

By virtually all accounts, Romney was focused on the Olympics in the 1999-2002 period. Yet because Romney had not legally separated from Bain, his name is littered across Securities and Exchange Commission filings concerning Bain Capital deals during this period. The crazy quilt of private-equity structures, in some ways, makes his ownership appear even more ominous, as the filings list hundreds of thousands of shares controlled by Romney.

Even so, it is a real stretch to claim that Romney — himself — “closed” these stores. No evidence has emerged that he was involved in the KB Toys transaction. Indeed, when creditors sued over the dividend payment, they named six Bain-controlled entities and three Bain executives who had served on the board of KB Holdings.

Given that the plaintiffs’ lawyers will try to list as many defendants as possible to try to force a settlement, one can be certain Romney would have been named if there had been any hint of his involvement. But he was not named, despite the SEC filings suggesting his control of the shares.

In other words, creditors apparently had determined Romney was only a passive investor.



FactCheck.Org, July 2, 2012

.

If the Obama campaign were correct, Romney would be guilty of a federal felony by certifying on federal financial disclosure forms that he left active management of Bain Capital in February 1999….

And after reviewing evidence cited by the Obama campaign, we reaffirm our conclusion that Romney left the helm of Bain Capital when he took a leave of absence in 1999 to run the Salt Lake City Organizing Committee for the 2002 Winter Olympics – as he has said repeatedly — and never returned to active management. The Obama campaign’s recent ads thus mislead when they point to investments made by Bain, as well as management decisions made by companies in which Bain invested, after that time.

What does the Obama campaign have in rebuttal? Very little, and none of it convincing in our judgment.

Much of the Obama campaign’s letter is devoted to quoting portions of documents filed with the Securities and Exchange Commission. In summary, the letter states there are “at least 63 filings with that agency after March 1, 1999 that list various Bain entities and describe them as ‘wholly owned by W. Mitt Romney.’” That’s true, but not relevant.

We have never disputed that Romney remained the owner of Bain while he was running the Olympics committee. The issue always has been, who was running Bain? Nothing in the SEC documents contradicts what Romney has certified as true.

On that point, the Obama campaign cites snippets of a few news clippings to make a case that Romney was still a part-time manager of Bain after he left to run the Olympics. But a close reading shows these news accounts don’t contradict Romney either.



Fortune Magazine, July 2, 2012


Remember, Romney did not leave Bain Capital as part of a long-term, planned succession process. Instead, his departure was fairly sudden — borne of a desire to help salvage an Olympic Games that was $1.4 billion in the hole and tarred by a massive bribery scandal. The very first reports of Romney being considered for the Salt Lake City job were on Feb. 2, 1999. Just nine days later, he officially took over.

Not surprisingly, Bain Capital hadn’t worked out all the details of Romney’s departure. It eventually would discard the CEO position in favor of a horizontal management committee made up of numerous partners, and provide Romney with a golden parachute that included limited partnership interests in all Bain-related funds raised through 2009 (including the option for Romney to invest additional monies). But none of that was in place when Romney took the Salt Lake City job.

Moreover, unwinding a private equity firm’s ownership structure is extremely complicated. The “firm” itself is largely a legal construct of convenience, since it doesn’t pay salaries, make investments or do much of anything else. Instead, what matters are the individual funds.

In the case of Bain Capital’s funds, it’s reasonable to assume that Romney was considered a “key man,” meaning that each fund’s limited partners could have voted to end the fund’s investment period — or take over fund management themselves — if a super-majority felt it prudent. But that didn’t happen, and Bain saw no reason to expend massive administrative effort to amend existing funds. Instead, it asked Romney to sign documents when necessary, and made the managerial/ownership changes on new funds going forward….

The part about lying to the SEC is absurd, since the SEC doesn’t require an owner to be the operational decision-maker (Romney delegated such responsibilities, as is his right).

[Spurminator]

Mormons drink?

Ew, O'douls...

[TeyshaBlue]

lol blue team

[TeyshaBlue]

Ew, O'douls...

Gross.:nope

[Yonivore]

Another indication the Obama team has no clue about the corporate world, how it works, and why they should quit fucking with it.

[George Gervin's Afro]

Another indication the Obama team has no clue about the corporate world, how it works, and why they should quit fucking with it.

didn't our previous president claim he was going to run the USA like a company and he was going to be the CEO of the country?


how did that work out?

[boutons_deux]

Gecko running from his health care mandate in MA (which he calls a tax when Barry does it), while putting Bain forward as his supreme qualification is turning out to be a failing strategy.

Like all his "nail ladies", he and his stupid handlers just don't get it.

[CosmicCowboy]

Gecko running from his health care mandate in MA (which he calls a tax when Barry does it), while putting Bain forward as his supreme qualification is turning out to be a failing strategy.

Like all his "nail ladies", he and his stupid handlers just don't get it.

:lmao @ Boutox.

Fucking idiot...

[Yonivore]

didn't our previous president claim he was going to run the USA like a company and he was going to be the CEO of the country?


how did that work out?
I don't recall that and, I'm not sure what the previous President said about anything is germane to the discussion about how ignorant of corporate practices the current administration seems to be.

"Bush's fault" is pretty ingrained, eh?

[TeyshaBlue]

didn't our previous president claim he was going to run the USA like a company and he was going to be the CEO of the country?


how did that work out?

'bout like his stint with the Texas Rangers. Now if only he had passed the presidency on to Nolan Ryan......:lol

[boutons_deux]

I don't recall that and, I'm not sure what the previous President said about anything is germane to the discussion about how ignorant of corporate practices the current administration seems to be.

"Bush's fault" is pretty ingrained, eh?

governement is NOT a "corporation", and trying to run it as one, esp the balance sheet is disastrous.

your good buddies dubya and dickhead ran US govt into the ground for the sole purpose of transferring taxpayer dollars to corporations.

[Yonivore]

Four former Bain hands, Three of whom are Democrats and two of whom are active Obama supporters, say Romney walked away for the Winter Olympics and never came back (http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1).


No is the word from four sources who communicated with CNN on Thursday -- all of whom have firsthand knowledge of Bain's operations at the time in question. Three of the four are Democrats, and two of the four are active Obama supporters in Campaign 2012.

All four told me Romney is telling the truth.


1) The Obama Campaign has the world's worst opposition researchers. Every thing they've thrown at Romney has collapsed in a big pile of dung, right out of the box; or,

2) The Obama Campaign has absolutely no understanding of how the free market system works or the language of the corporate world. There is a difference between the words "controlling," "managing," and "operating" in SEC Filings; or,

3) The Obama Campaign thinks Americans are a bunch of idiots that will believe the lies told about his opponent; or,

4) They're in a panic and just throwing shit against the wall to see what sticks.

Which do you think it is?

[George Gervin's Afro]

Four former Bain hands, Three of whom are Democrats and two of whom are active Obama supporters, say Romney walked away for the Winter Olympics and never came back (http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1).




1) The Obama Campaign has the world's worst opposition researchers. Every thing they've thrown at Romney has collapsed in a big pile of dung, right out of the box; or,

2) The Obama Campaign has absolutely no understanding of how the free market system works or the language of the corporate world. There is a difference between the words "controlling," "managing," and "operating" in SEC Filings; or,

3) The Obama Campaign thinks Americans are a bunch of idiots that will believe the lies told about his opponent; or,

4) They're in a panic and just throwing shit against the wall to see what sticks.

Which do you think it is?

yet he's up in all swing state polls.. what does say about Romney? LOL

[Th'Pusher]

Four former Bain hands, Three of whom are Democrats and two of whom are active Obama supporters, say Romney walked away for the Winter Olympics and never came back (http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1).



1) The Obama Campaign has the world's worst opposition researchers. Every thing they've thrown at Romney has collapsed in a big pile of dung, right out of the box; or,

2) The Obama Campaign has absolutely no understanding of how the free market system works or the language of the corporate world. There is a difference between the words "controlling," "managing," and "operating" in SEC Filings; or,

3) The Obama Campaign thinks Americans are a bunch of idiots that will believe the lies told about his opponent; or,

4) They're in a panic and just throwing shit against the wall to see what sticks.Which do you think it is?

So he was the CEO and chairman of the board, but had walked away from the Job? Seems at best he wasn't performing the duties he was being paid to do. Is that the type of efficient manager you want leading our nation?

[Yonivore]

So he was the CEO and chairman of the board, but had walked away from the Job? Seems at best he wasn't performing the duties he was being paid to do. Is that the type of efficient manager you want leading our nation?
Like I said, Democrats don't understand corporate language.

According to the SEC filings, Romney still owned Bain after he left the company to run the Olympics; and, as such, until ownership was transferred to the purchasing partners (which took some time), he was listed as the controlling official -- because he OWNED the damn place.

No one with any knowledge of events -- Democrats included -- claim Romney had anything to do with the day-to-day operations of Bain after he walked out the door and went to work for the OOC. No one.

It's a non-issue.

[Yonivore]

yet he's up in all swing state polls.. what does say about Romney? LOL
Romney's vulnerable to liars? Well, big fucking surprise.

Mark Twain is credited with saying, “A lie can travel halfway around the world while the truth is still putting on its shoes”

Well, the truth is getting dressed a bit quicker than it used to, these days.

Aren't you even the least bit concerned the Boston Globe recycled a story that had been settled years ago, only to be a convenient set up for the Obama campaign to suggest Romney is a felon?

No collusion there. [/sarcasm]

Thank God for the new media that is willing and persistent enough to beat these organizations about the head and body with the truth.

[Th'Pusher]

Like I said, Democrats don't understand corporate language.

According to the SEC filings, Romney still owned Bain after he left the company to run the Olympics; and, as such, until ownership was transferred to the purchasing partners (which took some time), he was listed as the controlling official -- because he OWNED the damn place.

No one with any knowledge of events -- Democrats included -- claim Romney had anything to do with the day-to-day operations of Bain after he walked out the door and went to work for the OOC. No one.

It's a non-issue.

Was he drawing a paycheck as the CEO during that time?

[ChumpDumper]

He left the company but still owned the company!

[Yonivore]

Was he drawing a paycheck as the CEO during that time?
I have no idea. I'm not even sure he drew a paycheck when he was running the place. He owned the company and, for all I know, was paid in dividends alone. Well, what do you know?

I'm satisfied there are plenty of people -- across political lines -- that say this is a non-issue for it to be a non-issue.

[boutons_deux]

"Was he drawing a paycheck as the CEO during that time?"

the answer to that is in his tax returns, along with all the checks received as director of Bain victim companies. A VERY GOOD REASON why Gecko won't release his tax returns (he did give McLiar 23 years' worth when try to snag veep, but lost out to quitter pitbull bitch from the Alaska boondocks)

[Th'Pusher]

I have no idea. I'm not even sure he drew a paycheck when he was running the place. He owned the company and, for all I know, was paid in dividends alone. Well, what do you know?

I'm satisfied there are plenty of people -- across political lines -- that say this is a non-issue for it to be a non-issue.

Oh I guarantee you he continued to collect dividends during that period - Reaping the rewards of his company off-shoring jobs. I tend to agree this is politically driven and ultimately a non-issue, but considering the political environment, I would be disappointed if the Obama campaign did not try and capitalize on the information. Romney is going up against a well-oiled political machine. It's not like Crossroads GPS and the like are not honing in on similar non-issues to score political points for Romney. Politics is a dirty business.

[Yonivore]

Oh I guarantee you he continued to collect dividends during that period - Reaping the rewards of his company off-shoring jobs. I tend to agree this is politically driven and ultimately a non-issue, but considering the political environment, I would be disappointed if the Obama campaign did not try and capitalize on the information. Romney is going up against a well-oiled political machine. It's not like Crossroads GPS and the like are not honing in on similar non-issues to score political points for Romney. Politics is a dirty business.
There's a difference between scoring political points and calling your opponent a potential felon.

[Th'Pusher]

There's a difference between scoring political points and calling your opponent a potential felon.

:rollinYou have Romney standing by idle as his supporters suggest Obama be tried for treason. No political points scored there...

[TheProfessor]

In and of itself, this is nothing. The story is how poorly the Romney campaign has handled it.

[Yonivore]

In and of itself, this is nothing. The story is how poorly the Romney campaign has handled it.
It only broke in the Globe in the last few days. I think the Romney Camp has responded fine and it will be a nothing issue by Monday.

I loved the way John Sununu dismantled Andrea Mitchell on the "outsourcing" issue. Fucking hilarious.

[boutons_deux]

Romney Interview Directly Contradicts His Previous Statements About Bain Tenure

Mitt Romney told CBS News‘s Jan Crawford Friday evening that he did not attend Bain Capital meetings after he left the company in February of 1999 to run the Winter Olympics. But this answer appears to contradict sworn testimony he delivered in 2002 “as part of a hearing to determine whether he had sufficient residency status in Massachusetts to run for governor”:

– 2002: “[T]here were a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving and so forth.”

– 2012: “I was in Salt Lake City for three straight years. I don’t recall even coming back once to go to a Bain or management meeting. We were, I was out there running the Olympics and it was a full time job, I can tell you that.”

“Jan, I had no involvement with the management of Bain Capital after 1999,” Romney insisted on Friday.

http://thinkprogress.org/politics/2012/07/13/516951/romney-interview-directly-contradicts-his-previous-statements-about-bain-tenure/

:lol :lol :lol

[TeyshaBlue]

lol thinkprogress

[TheProfessor]

It only broke in the Globe in the last few days. I think the Romney Camp has responded fine and it will be a nothing issue by Monday.

I loved the way John Sununu dismantled Andrea Mitchell on the "outsourcing" issue. Fucking hilarious.
It was a nothing issue to begin with. But it's taken headlines and television coverage away from where Romney wants them focused, the awful economy. The Bain criticism seems to be gaining traction as well.

[FuzzyLumpkins]

Reminiscent of Cheney and Haliburton.

Choosing which politician is more full of shit is kinda like asking if urine or feces tastes better. It's not as if Obama hasn't blew a whole bunch a sunshine up our asses.

[Clipper Nation]

R:lolmney

:lol Nothing but lies
:lol Human Etch-a-Sketch
:lol Trying to screw over Ron Paul delegates
:lol McCain 2.0

[George Gervin's Afro]

I thought the yoni's of the world hated flip floppers..

[Yonivore]

Meet Bainers, the New Birthers (http://www.redstate.com/erick/2012/07/13/meet-bainers-the-new-birthers/)

At least we've finally outgrown the "gate" suffix.

[Sense]

Mitt Romney's Signature Appears On Bain SEC Filings During Time He Said He Left Bain
http://www.huffingtonpost.com/2012/07/13/mitt-romney-bain-sec_n_1671819.html

[ElNono]

When I hear the Winter Olympics were doctored, then we'll have some valid comparisons...

[Yonivore]

Mitt Romney's Signature Appears On Bain SEC Filings During Time He Said He Left Bain
http://www.huffingtonpost.com/2012/07/13/mitt-romney-bain-sec_n_1671819.html

From the article, Bainer:


The geniuses at Team Obama are showing their complete ignorance of private enterprise, the law, and the one well vetted part of Mitt Romney’s career — his tenure at Bain Capital.

It is well established that Mitt Romney left Bain to go salvage the Salt Lake City Winter Olympics. It is also well established that his name remained on some SEC documents. This stems from winding down his partnership interest in Bain Capital. It is a quirk in the law. It has been well vetted. Even FactCheck.org and the Washington Post are unpersuaded by Team Obama’s hyperbole.

[Sense]

From the article, Bainer:

What's the point of your quote? Why would you think this pertains to me if I'm just pasting an article?

[Yonivore]

What's the point of your quote? Why would you think this pertains to me if I'm just pasting an article?
Pasting the article indicated, to me, agreement with the premise there is something wrong with Romney's signature being on SEC filings after he left the day-to-day operation of his company and went to the Olympics.

If not, what was your point in pasting the article?

[Trainwreck2100]

Pasting the article indicated, to me, agreement with the premise there is something wrong with Romney's signature being on SEC filings after he left the day-to-day operation of his company and went to the Olympics.

If not, what was your point in pasting the article?

to share news?

[Yonivore]

to share news?
I merely responded to the posted article with a quote from an article I had just posted demonstrating there was nothing to his signature being on SEC filings after he had left Bain.

[Wild Cobra]

not sure it is one, but if the Romney is a liar meme catches fire it could sink him.

Why?

He's a politician.

Everybody knows that the definition of politician is professional liar.

[Wild Cobra]

:lmao @ Boutox.

Fucking idiot...
see whay I call him ShazBot?

Have you watched the Mork and Mindy clip in my sig?

[Winehole23]

I merely responded to the posted article with a quote from an article I had just posted demonstrating there was nothing to his signature being on SEC filings after he had left Bain.are you saying that sworn filings disclosing Mitt Romney as CEO of Bain mean nothing, and Romney is not responsible for them or for the activities of Bain when he was on file officially as their CEO?

[Winehole23]

$100,000 a year for three years to do nothing? Really?

[Wild Cobra]

$100,000 a year for three years to do nothing? Really?
Well, that is chump change for the job he was doing before.

Maybe some people wanted to see his name still.

[Yonivore]

Why?

He's a politician.

Everybody knows that the definition of politician is professional liar.
That's actually only operative when its Democrats lying.

Catch a Democrat in a lie; meh, all politicians are liars.

Catch a Republican in a lie; IT'S BRINGING HIM DOWN!

But, since Romney hasn't lied about his relationship with Bain Capital, I don't see the big deal.

Fucking Bainers.

[ploto]

If he was not really doing any work with Bain, was he not at least misrepresenting to potential clients that he was involved by being listed as CEO and President.

[boutons_deux]

Gecko's getting his self-proclaimed main qualification for Prez trashed, A VERY BIG DEAL, by his own lies, with the Dems simply pointing them out.

Business associates have said Gecko's word at Bain was worthless.

His own campaign guy said they could Etch-a-Sketch (erase, forget) all the Gecko pandering to the extreme right wing and "Christian" assholes in the primaries and become more moderate in the main campaign.

The guy stands for nothing, is an empty man, just like dubya, both born wealthy with silver spoons up their privileged asses.

[Yonivore]

If he was not really doing any work with Bain, was he not at least misrepresenting to potential clients that he was involved by being listed as CEO and President.
No.

[Clipper Nation]

Why?

He's a politician.

Everybody knows that the definition of politician is professional liar.

http://3.bp.blogspot.com/-bw9Cnw-_uQY/TvLUXFJ3BiI/AAAAAAAAAaY/o7ZjvgoTSpo/s1600/RonPaul-Laughing.jpg

[Yonivore]

http://www.powerlineblog.com/admin/ed-assets/2012/07/RAMclr-071412-liarliar-IBD.jpg.cms_.jpeg

[mercos]

Whether you like them or not, these lines of attack are proving extremely effective. Obama is now increasing his lead in Ohio and Virginia. If he wins those two states, it is over. The gap should shorten once American Crossroads and the other Republican super PACS unleash their barrage of attacks. I suspect they are waiting til closer to the election, hoping Obama's current momentum is peaking to early.

[Yonivore]

Whether you like them or not, these lines of attack are proving extremely effective. Obama is now increasing his lead in Ohio and Virginia. If he wins those two states, it is over. The gap should shorten once American Crossroads and the other Republican super PACS unleash their barrage of attacks. I suspect they are waiting til closer to the election, hoping Obama's current momentum is peaking to early.
It's July and the Bainers keep getting their asses handed to them rather quickly.

[Yonivore]

LiLzhspzLdU

A fair take (http://pjmedia.com/tatler/2012/07/13/why-the-democrats-want-to-turn-bain-capital-into-bane-capital/?singlepage=true), I think.


The Democrats are attempting to do a couple of other things with the Bain attack, one obvious and one less obvious. The obvious gambit is to define Mitt Romney before he can define himself. That’s an age-old tactic incumbents use against challengers, particularly against challengers who worry them. Romney should and does worry Obama: He united the GOP far faster than anyone expected, he is running a much more aggressive and disciplined campaign than expected, and he is already raising more money than the Obama machine. That Obama is launching such a cynical attack now exposes him to charges that despite his hope and change rhetoric, he is in fact just another gutter politician. The Romney ad that hit today (embedded above) does a good job of opening that response by using Obama’s own lofty rhetoric against him. It’s a pretty devastating ad. The president does risk this entire attack blowing back on him, but he has calculated that it’s a risk worth taking. That leads to the second reason the Obama campaign is attacking Romney’s pre-political life.

Barack Obama is in a position where he must take risks in order to win. No McCain 2008 states are in play, while several Obama 2008 states are in play. Demographics and therefore electoral votes have shifted toward the GOP states. The economy is in the tank and Obama has no idea for changing that. His signature health care law is unpopular. His job approval rating is consistently underwater. Add to that, it’s simply an objective fact that Mitt Romney’s resume is far stronger than that of Barack Obama. Romney build a very successful company, then left that company to save face for America by rescuing the SLC Olympics from corruption and disaster. The whole narrative here is profoundly strong for Romney: He left a thriving business, one that fixed broken companies, at the height of success to serve his country. Through his competence and leadership, Romney averted national humiliation in the eyes of the world. To this day there exists no credible criticism of Romney’s Olympics success. After the Olympics job was done, Romney decided to follow in his father’s footsteps and get into public service full time. This part of Romney’s story is stronger than his four years as governor of Massachusetts, which is the part of his resume that most conservatives would prefer not to discuss, but which is not by itself a deal breaker with the right. Obama is attacking the strongest part of Romney’s story in order to crack it and weaken the rest of it. He is hoping to disqualify Romney in the minds of the voters by destroying the best things he has done in his professional life: Succeed in business and serve his country, both of which carry the subtext that Romney is able to solve very difficult problems. Barack Obama never succeeded in business, and never really fixed anything. Obama simply cannot compete or offer a story of his own that is as compelling as Romney’s. So he must destroy it if possible by turning Bain Capital into villainous Bane Capital in the minds of the voters, before Romney’s success story really sets in.

[TheProfessor]

LiLzhspzLdU
I consider that pretty fair, yes. But Obama's getting more traction with his Bain attacks, regardless. This is particularly devastating:


Ud3mMj0AZZk

[Yonivore]

I consider that pretty fair, yes. But Obama's getting more traction with his Bain attacks, regardless. This is particularly devastating:


Ud3mMj0AZZk
I guess if you like liars, it works...for a while.

Say, didn't the US send 29 billion of stimulus green money, offshore?

[FuzzyLumpkins]

I guess if you like liars, it works...for a while.

Say, didn't the US send 29 billion of stimulus green money, offshore?

If for once if you tried to consider how this is viewed by people other than yourself then you will finally have some political insight. Most everything I read from you is a pat on your back and reaffirmation of your GOP fanboiism.

Try and consider what independents might think or borderline party supporters. Its pretty obvious that anything short of child rape isn't going to be enough to get you off the GOP bandwagon. As such they do not campaign to you, either side.

Stop thinking of what you think of the message and rather to what other people think.

[boutons_deux]

Alabama’s GOP Governor Calls On Romney To Release More Tax Returns: ‘Release Everything To The American People’

Pressure was building on Romney from within his own party to be more forthcoming with his finances, a day after he declared he would not release past income tax returns beyond his 2010 tax records and, before the November election, his 2011 taxes.

On the sidelines of the National Governors Association meeting in Williamsburg, Alabama’s Republican governor, Robert Bentley, called on Romney to release all the documents requested of him.

“If you have things to hide, then maybe you’re doing things wrong,” Bentley said. “I think you ought to be willing to release everything to the American people.“

http://thinkprogress.org/election/2012/07/14/517601/alabama-gop-governor-calls-on-romney-to-release-more-tax-returns

Come on, Gecko, you know as one of the 0.01%, you can "settle" with the IRS for tax evasion. That old lesbian Senator from The Great Racist Red-State of South Carolina said this week tax evasion is The American Thing To Do.

[xrayzebra]

Well, well, people and Obama are worried about Romney and Bane. Something that
occurred 12 - 15 years ago. And guess who's money Romney was using......his own.
So what's the big deal. Outsourcing. Some say lying.

Hell. Obama used our money and sent it overseas right off the bat and lies on a
daily basis. For a technology that is about one blade short of useless and
solar panels that wouldn't run an electric cigarette.

So all you useless Libs just tooting you horn, hopefully Romney will tell you to
stick it and keep on trucking.

And by the way, Romney and his tax returns. Got a good idea, Get Romney to
release his returns when Obama releases his real birth certificate, his transcripts
and his papers he wrote as editor of the law review or whatever. And throw in
Bill Clintons health records.

[boutons_deux]

XZ, go take your Alzheimer's meds. We taxpayers are paying for you socialists.

[Clipper Nation]

:lol Birthers

[boutons_deux]

Woodward Dismisses Romney’s SEC Documents: Everyone Knows Financial Disclosures Are ‘Camouflages’ For Reality

WOODWARD: People who are relying on SEC documents know the value of SEC documents. I mean, they are camouflages for what’s really going. So that’s not really the issue.

http://thinkprogress.org/economy/2012/07/15/518241/woodward-dismisses-romney-sec-documents/

[Nbadan]

Jon Stewart Tears Into Romney’s Weak Bain Capital, Tax Return Defense

http://www.mediaite.com/tv/jon-stewart-tears-into-romneys-weak-bain-capital-tax-return-defense/

[boutons_deux]

Yes, Romney Perjured Himself

he signed a federal financial disclosure form, under the penalty of perjury, saying he had not been involved "in any way" with Bain after he left for Utah in February 1999


That's a strong statement. And it is directly undercut by Romney's own statement in his 2002 attempt to prove residency to run for governor:

Romney testified that “there were a number of social trips and business trips that brought [him] back to Massachusetts, board meetings” while he was running the Olympics. He added that he remained on the boards of several companies, including the Lifelike Co., in which Bain Capital held a stake until 2001...

“He succeeded in that three-year period in restoring confidence in the Olympic Games, closing that disastrous deficit and staging one of the most successful Olympic Games ever to occur on US soil,” said Peter L. Ebb from Ropes & Gray, [his lawyer at the 2002 hearing].

“Now while all that was going on, very much in the public eye, what happened to his private and public ties to the Commonwealth of Massachusetts? And the answer is they continued unabated just as they had.”


http://andrewsullivan.thedailybeast.com/2012/07/yes-romney-perjured-himself.html

It's damn simple, as clearly as it is documented, ain't it?

[boutons_deux]

Romney’s Implosion Triggers an Epic Rush Limbaugh Obama Hate Meltdown

RUSH: Yeah, well, you know who really invented the Internet? It was the military. It was a DOD project, and Obama hates that. But, folks, look. Here he is repeating it: Roads and bridges. The roads and bridges came after what was necessary, or what made the roads and bridges necessary. They came after that. I’ll tell you what. I think it can now be said, without equivocation — without equivocation — that this man hates this country. He is trying — Barack Obama is trying — to dismantle, brick by brick, the American dream.

There’s no other way to put this.

There’s no other way to explain this.

He was indoctrinated as a child. His father was a communist. His mother was a leftist. He was sent to prep and Ivy League schools where his contempt for the country was reinforced. He moved to Chicago. It was the home of the radical-left movement. He hooks up to Ayers and Dohrn and Rashid Khalidi. He learns the ruthlessness of Cook County politics. This is what we have as a president: A radical ideologue, a ruthless politician who despises the country and the way it was founded and the way in which it became great.

He hates it.

This temper tantrum from Limbaugh is the biggest sign yet that even the most brainwashed of conservatives can sense that 2012 is starting to slip away from them. Republicans are just starting to grasp that they have nominated a fatally flawed candidate who can’t explain his time at Bain, or even release his own tax returns.

Mitt Romney sold himself to the right as their best chance to beat Obama, but that was never true. Now, Rush Limbaugh is forced to rally the troops by breaking out all of the old lies about the president. Obama is a radical leftist. Obama and Bill Ayers are best buds. Obama is a Chicago style corrupt politician. Obama is a commie because the daddy that he barely knew was one too.

This is all so very 2008.

Limbaugh is running out of defenses for Romney, so he had to double down on the Obama attacks. Like Romney, attacking Obama is all Rush has got. There is still plenty of time left in this campaign, but as long as Romney’s credibility is buried beneath questions about his actions at Bain, finances, and tax returns, he has no chance of getting his message out.

http://www.politicususa.com/romneys-implosion-triggers-epic-rush-limbaugh-obama-hate-meltdown.html?owa_medium=feed&owa_sid&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+politicususa%2FfJAl+%28Politi cus+USA+%29&utm_content=Google+Reader

Gecko has a "message" to get out? :lol

[boutons_deux]

Romney Made Repeated Trips To Bain, Weighed In On Business Decisions After 1999


On Wednesday, a new report from the Associated Press reveals that the former Massachusetts governor made several trips to Boston to meet with partners and other key employees at Bain Capital’s headquarters while running the Salt Lake City Winter Olympics. The details contradict Romney’s claim that he did not interact with the company after leaving in February of 1999. From the piece:


Several associates now say that Romney made repeated trips between Salt Lake and Boston, where he met at times with his former partners, mostly to discuss his severance from the firm. The Boston Globe reported last week that Romney also met with his Bain partners at a 15th anniversary celebration in Palm Beach, Fla., in early 1999.

http://thinkprogress.org/politics/2012/07/25/582721/romney-made-repeated-trips-to-bain-weighed-in-after-1999/

Gecko is a liar, probably a felony liar (to SEC).

[elbamba]

Romney Made Repeated Trips To Bain, Weighed In On Business Decisions After 1999


On Wednesday, a new report from the Associated Press reveals that the former Massachusetts governor made several trips to Boston to meet with partners and other key employees at Bain Capital’s headquarters while running the Salt Lake City Winter Olympics. The details contradict Romney’s claim that he did not interact with the company after leaving in February of 1999. From the piece:


Several associates now say that Romney made repeated trips between Salt Lake and Boston, where he met at times with his former partners, mostly to discuss his severance from the firm. The Boston Globe reported last week that Romney also met with his Bain partners at a 15th anniversary celebration in Palm Beach, Fla., in early 1999.

http://thinkprogress.org/politics/2012/07/25/582721/romney-made-repeated-trips-to-bain-weighed-in-after-1999/

Gecko is a liar, probably a felony liar (to SEC).

Nothing out of the ordinary here. I think I would rather hear what the partners of Bain have to say than the associates who would likely not be a part of the discussions. Notice they don't give specifics on any operational or investment orders he gave. Lol at this story and think progress.

[boutons_deux]

"Nothing out of the ordinary here"

just ordinary lying by Gecko that he had nothing to do with Bain after 1999.

[TeyshaBlue]

just ordinary tautological "analysis" by thinkprogress.borg.

lol thinkprogress

[Winehole23]

http://finance.fortune.cnn.com/2012/07/30/romney-defend-private-equity/?iid=HP_LN

[boutons_deux]

"The private equity industry is designed to make companies better and economies more efficient and create jobs"

BIG LIE, total propaganda.

private equity industry is designed to make money for its investors (providers of the hard cash equity), no matter how much that profit making costs anybody and anything else.

[Winehole23]

the article was aimed at crass oversimplifiers like you. it hit the mark, I'd say.

[Isitjustme?]

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