Romney Adviser: Romney Not Responsible For Bain Because He ‘Retired Retroactively’

[ProSense]

Romney Adviser: Romney Not Responsible For Bain Because He ‘Retired Retroactively’

By Adam Peck

Ed Gillespie, a senior campaign advisor for Mitt Romney, appeared on Meet the Press this morning to answer questions about Romney’s tenure at Bain Capital, and unveiled a new excuse for why Romney should not be held responsible for the company’s actions during a time in which he remained CEO and president:

GREGORY: He was still financially linked to Bain. And of course, a lot his fortune is due to his time with Bain. Even when he was on leave, does he stand by the business decisions that were made by the firm he created?

GILLESPIE: He actually retired retroactively at that point. He ended up not going back to the firm after his time in Salt Lake City. So he was actually retired from Bain.

Throughout the primary season until just last week, the Romney campaign stood forcefully by their assertion that Romney “retired” from Bain Capital in February of 1999. But with the release of previously unreported SEC documents last week which suggest that Romney in fact retained the titles of CEO and chairman well into the new century, the Romney campaign has struggled to adequately answer voters’ questions.

- more -

http://thinkprogress.org/election/2012/07/15/517751/romney-adviser-romney-not-responsible-for-bain-because-he-retired-retroactively/

Dumbest. Comment. Ever.

The REAL real reason Romney MUST say he left Bain in February 1999
http://www.democraticunderground.com/1002949899

[uponit7771]

1. ED was horrible, he floundered and was obvious at obfuscating on questions ...he had few hit backs..

...on the point of Bain.

DG is horrible!!!

[BumRushDaShow]

2. And the pretzel twists continue

as they manufacture plausible deniability.

So since this was done "retroactively", any and all information that he knew or actions that he performed as "Owner, CEO, President, and sole stock-holder", self-destructed in 3....2....1.

[DCBob]

3. WTF?? This take rewriting history to another level.

Do really they think anyone will actually fall for this?

[arely staircase]

4. he is the all-being, master of time, space and

dimension.

He has so much money that the time-space continuum and laws of physics under which common people toil do not apply to him.

[gollygee]

5. Retired retroactively? ROFL

I had a friend who got pregnant and then got married and joked that it was OK because she got married retroactively. It reminds me of that.

[Avalux]

6. So...."retroactive retirement" wipes out signatures on documents,

Romney's attendance at board meetings, and major decision made from 1999-2002? That's what they want us to believe by saying this?

They know more stuff is going to come out, and this statement is in prep for it. I want to see those board meeting minutes!!

[CanonRay]

7. He retired from the company before he retired from the company

or something like that.

[salin]

8. So he perjured himself in order to run for Governor in 2002....

GOPers once used that as a reason to impeach.

[fishwax]

9. "retired retroactively" -- what a maroon

[Courtesy Flush]

10. Why didn't Joe Paterno think of this?! nt

[tsuki]

11. Can I retroactively quit my job so I

don't have to pay payroll taxes?

[TBF]

12. Is that like being "on a break"?

[JHB]

13. We are all college kids and nails ladies now...

We just don't understand this highfalutin' retroactivity stuff.

Maybe if we were bitten by retroacive spiders we'd get the powers to have a shot at understanding this.

[Tom Rinaldo]

14. ALL of this just reenforces that Bain is something to be ashamed of.

Trash another signature legacy Mitt.

[enough]

19. Very good point. The whole bruhaha is based on the assumption that Bain is toxic. (nt)

[JBoy]

15. I couldn't have been involved in the holdup, officer.

I left that liquor store retroactively.

[NNN0LHI]

16. K&R

[barbtries]

17. retroactively retired?

[Baitball Blogger]

18. They're just digging themselves in deeper.

[Kablooie]

20. So they admit he wasn't retired during the period in question.

You can only retroactively retire if you weren't retired before.

So they acknowledge he was part of the company.

Now the big question is, will there be any real consequences to all this or will he be able to overlord it all away.
(His overlording ability seems to be dripping away daily.)