Romney and Bain?

[BobCox2]

This is starting to get good.

http://2012.talkingpointsmemo.com/20...it.php?ref=fpb

The Obama campaign is challenging Mitt Romney to release more information about his taxes and time at Bain Capital in order to put to bed questions raised by SEC filings regarding his role at the company.

“If the SEC filings aren’t accurate, then prove it,” Obama deputy campaign manager Stephanie Cutter told reporters on Thursday. “If he wasn’t investing millions of dollars in shell corporations, tax havens, Swiss bank accounts overseas to gain a tax advantage, then prove it. Prove it by releasing your tax returns.”

Romney said he left any managerial role at Bain Capital behind in February 1999, delegating all voting shares of stock to 26 managing directors and leaving day-to-day operations to focus on running the Olympics. But subsequent SEC filings list him as “sole stockholder, chairman of the board, chief executive officer, and president.” A 2001 SEC filing first reported by TPM lists his “principal occupation” as “Managing Director of Bain Capital, Inc.” and the Boston Globe reviewed additional filings containing similar claims.

And apparently it's Obama's fault. :whyyou:

http://2012.talkingpointsmemo.com/20...ref=fpnewsfeed

After getting caught flatfooted by attacks on outsourcing at Bain Capital, the Romney campaign is aggressively pushing back against reports questioning the candidate’s ties to the firm while he was running the Olympics.

The Romney campaign will demand a retraction from the Boston Globe Thursday for a report on numerous SEC filings from 1999 to 2001 that listed Romney as “sole stockholder, chairman of the board, chief executive officer, and president.” Romney has said he was CEO in name only, delegating all day-to-day operations to 26 managing directors at the firm from February 1999 on.

The Romney campaign previously — and unsuccessfully — demanded a similar retraction from the Washington Post after it published a story on Bain’s investments in companies that outsourced jobs.

Romney officials are also accusing the Obama campaign of overreaching with incendiary claims in trying to make their case that Romney should be held accountable for Bain’s investments. On Thursday, Romney’s campaign manager Matt Rhoades demanded an apology from the president for campaign aide Stephanie Cutter’s remark that Romney’s actions may be criminal. Cutter told reporters Thursday morning that Romney “was misrepresenting his position at Bain to the SEC, which is a felony, or he was misrepresenting his position at Bain to the American people.”

[Technomancer]

I'm not sure where this is gonna go, but in a political sense, it's already gone there. The questions about the time in question are based on the fact that Bain was outsourcing and investing in companies that specialized in outsourcing during that period. This is something that the Obama people are going to be able hang around his neck, whether he had any involvement in it or not during that time. And in a sense, that's not entirely misplaced, because if you are technically at the head of an organization, the buck (and muck) still stops with you, whether you actually had anything to do with it or not.

However, there are a variety of companies and interests he's been involved in that leave a lot of room for speculation. Between that and his offshore tax evasion, this is pretty messy for him. I'm not sure he has any choice but to release all of his tax returns (which he's the first presidential candidate in decades to not have done). The main problem for him is that even if everything is legal and technically square, it represents some of the exact things about certain wealthy people (and laws) that everyone else despises. Even if it's legal, the common feeling is that those kind of activities are morally reprehensible and unpatriotic. That's going to stick.

[jmervyn]

You two just HAD to make me lose my beautiful binary postcount, didn't you?

This is starting to get good.

No, just starting to get disgusting. Using open lies and fabricating some sort of scandal is only something truly moronic voters will fall for, and anyone who seriously entertains the "eat the rich" chorus of the blatantly hypocritical Obama administration deserves the breadline they're standing in.

And apparently it's Obama's fault. :whyyou:

Bob, a word of advice: "don’t let your blind loyalty to this president make you look foolish"

I'm not sure where this is gonna go, but in a political sense, it's already gone there.

Not really; I have to clean up after a new puppy and these "mistakes" never go away, even when you put them in the toilet bowl - they just keep dribbling out and leave a stench that cuts through any masking odors. The only solution is sometimes a good brutal arse-whuppin'...

This is something that the Obama people are going to be able hang around his neck, whether he had any involvement in it or not during that time.

Not if you lie about it, and then double down on the lie. Calling Romney a felon is blowing up in Obama's face, to the point that the WaPo can't hide the fact (link above) and the only reason he's not pilloried for it is the leftist control of the media.

And in a sense, that's not entirely misplaced, because if you are technically at the head of an organization, the buck (and muck) still stops with you, whether you actually had anything to do with it or not.

Yeah, funny that, how y'all only apply that metric on one side of the political aisle. After all, President Romney has one feck-load of misconduct, scandal, and economic ruin to answer for over the last three years of his term.

Hypocrisy much?

Even if it's legal, the common feeling is that those kind of activities are morally reprehensible and unpatriotic. That's going to stick.

Not so much, sorry. As unpatriotic, say, as when President Bush planted poisoned birth control pills that resulted in hundreds dead just to substantiate pro-lifer talking points?

[BobCox2]

Bob, a word of advice: "don’t let your blind loyalty to this president make you look foolish"

LOL where did you get the idea I like O'Bama? ROTFL

I'm just hoping Congress gets the right mix of Dem's and Tea party + Libs to get something done [Congress - do something? - I'm fooling myself.] and the public shows how disgusted it is with the system and choices it presents.

But at least Ron Paul is done and now I get to watch you try to support the lost cause the Republicans are running this year.

Peanuts! PeaNut's Here! Get them while they're hot

[jmervyn]

LOL where did you get the idea I like O'Bama? ROTFL

You're pushing for a Democrat-controlled Congress, like the one Obama had for most of his term - you know, like the same ones that caused the "Bush" recession?

I'm just hoping Congress gets the right mix of Dem's and Tea party + Libs to get something done [Congress - do something? - I'm fooling myself.] and the public shows how disgusted it is with the system and choices it presents.

I will find it very difficult to ever countenance Democrat leadership ever again. The brief hope I had when some Blue Dogs sounded like they actually had some honesty vanished in the wake of their socialist conformity. The Democrat-socialist party has no legitimacy remaining; they exposed that when they ousted ultra-liberal Joe Lieberman for his lack of ideological purity. Why do you think he, Webb, Zell Miller, and even Ronald Reagan left the "Left"?

[BobCox2]

On CNN, another Romney surrogate, Ed Gillepsie, said the candidate's departure for the Olympics was originally planned as a "leave of absence."
"He ended up not going back at all and retired retroactively to February of 1999 as a result," Gillepsie said.
The statement has set the liberal blogosphere ablaze, "Ed Gillepsie" and "#retroactively" holding positions in the top 10 U.S. Twitter trends as of press time.

[jmervyn]

Maybe the same thing, maybe not -

CNN reported last night that the accusations from Team Obama of felonious conduct are sheer nonsense and lies — and got that message from four executives at Bain, two of whom are “active” supporters of Barack Obama. John King spoke to all four, three of whom are Democrats, and all four said that Mitt Romney left Bain in a big hurry in 1999 in order to work full time on rescuing the Salt Lake City Olympics. The rushed departure created a lot of paperwork headaches as Bain tried to unwind Romney from leadership, which required a significant amount of time. That’s why the company had Romney’s name on their SEC paperwork the next two years, as King reports:

[BobCox2]

"The only person who has seen Romney's taxes is John McCain and he took one look and picked Sarah Palin." -- James Carville, interviewed by CBS News.

[Stevinator]

Oh come on. what could possibly be in there? I bet he just had a year or two where he owed some stupidly small amount in taxes, and everyone's making a big to-do about nothing. I mean what are you expecting? We already know the guy is rich. So what? The only thing that matters on romney and taxes is right here:

http://taxpolicycenter.org/taxtopics/romney-plan.cfm

[jmervyn]

I mean what are you expecting? We already know the guy is rich. So what?

But... but he's *RICH*! He hides his money! He IS the 1%!! No, really!! He's a felon (maybe)!! No, wait, He's BANE!!! LET'S GET HIM!!!!ONE!



Oh, uh, I'm sorry, did you actually think these attacks are meant to be anything aside from a cheesy "Obami Mind Trick"? Well, just look at some other shiny object while even more massive taxes are rammed brutally up your arse, and I promise even more "investment" is on the way to soothe that anal tearing...