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Galraedia

(5,022 posts)
Thu Jul 26, 2012, 12:39 PM Jul 2012

Mitt Romney Bain Capital Claims Don't Hold Up To Evidence

Source: Huffington Post

Mitt Romney has repeatedly insisted that he had no active role at Bain Capital after February 1999, when he left the private equity firm to take over the Salt Lake City Olympics.

In a federal disclosure form filed last August as part of his presidential bid, Romney said he "retired" from the company on Feb. 11, 1999, and since then "has not been involved in the operations of any Bain Capital entity in any way." That date has been repeated by Romney and his team throughout the presidential campaign.

But a growing pile of evidence shows that Romney was involved in Bain's dealings far longer than he claims. From signatures on Securities and Exchange Commission filings to his own sworn testimony, this body of proof reveals how Romney's fingerprints lingered on Bain transactions well into 2002, even while he was managing the Olympics.

While the Romney camp and other Republicans have blasted attacks on the former governor's business record as unfair, irrelevant, and "out of control," the inconsistencies between Romney's claims and the documents trail may be very significant to his campaign. While the issue of honesty may prove to be a sticking point with voters, the implication that Romney was still in an active role while Bain was involved in deals that sent American jobs overseas may cut even deeper.

Read more: http://www.huffingtonpost.com/2012/07/26/mitt-romney-bain-capital_n_1700397.html?utm_hp_ref=politics

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Mitt Romney Bain Capital Claims Don't Hold Up To Evidence (Original Post) Galraedia Jul 2012 OP
"Oh shit." - Mitt (R-1%) Berlum Jul 2012 #1
The problem I see is that the corporate whore of a main stream media gopiscrap Jul 2012 #2
Who in their right mind ... ThePhilosopher04 Jul 2012 #3
They can just run all the ads about the terrible things Bain did between 1999-2002 and Pirate Smile Jul 2012 #6
Lies will bite you in the butt... Frustratedlady Jul 2012 #4
So much doesn't pass the smell test jinx1 Jul 2012 #5
Where is wiki-leaks when we need them jinx1 Jul 2012 #7
Willard -- the great American liar and fraud Angry Dragon Jul 2012 #8
Someone needs to tell FatCheck.org this. They still have their head up RMoney's ass. HughBeaumont Jul 2012 #9
Romney is all about DEREGULATION bucolic_frolic Jul 2012 #10

gopiscrap

(23,756 posts)
2. The problem I see is that the corporate whore of a main stream media
Thu Jul 26, 2012, 12:49 PM
Jul 2012

isn't holding his feet to the fire on this.

 

ThePhilosopher04

(1,732 posts)
3. Who in their right mind ...
Thu Jul 26, 2012, 12:51 PM
Jul 2012

would go for two years being listed as CEO and sole shareholder and not be involved in anyway with the company? The real answer is no one would, for obvious reasons.

Pirate Smile

(27,617 posts)
6. They can just run all the ads about the terrible things Bain did between 1999-2002 and
Thu Jul 26, 2012, 01:10 PM
Jul 2012

say "while Mitt Romney was President, CEO and sole shareholder of Bain, Bain outsourced ..., bankrupted..., raided the pension plan, eliminated all health care coverage, etc."

Edit to add - let Romney try to argue to the American people that while he was all those things, he had absolutely no responsibility for anything HIS company was doing. Yeah, good luck with that.

Frustratedlady

(16,254 posts)
4. Lies will bite you in the butt...
Thu Jul 26, 2012, 01:00 PM
Jul 2012

at the most inconvenient times.

I have never trusted Romney, but couldn't figure out why that was. If you watch him during a speech, he tends to hesitate after a lie to see if the people believed it and he looks over the people and not into their eyes.

I suspect he mastered the art of lying as a child, certainly as a teen and definitely as an adult. Some people seem to believe that if they portray a strong religious standing, they won't be suspect or get caught. That goes for pedophiles, ministers/priests who abuse women and children and sexual predators, as well. Perhaps in their own mind they are pure.

There are many levels of lying and I'm sure Romney has practiced a couple at the minimum.

jinx1

(45 posts)
5. So much doesn't pass the smell test
Thu Jul 26, 2012, 01:08 PM
Jul 2012

His record at Bain is contrary to his explanations, his stint at the Olympics is undocumented, his term as Governor of Massachusetts has been erased like the Olympics and there is those DARN tax issues...if he was running for any other office he could not get hired... what on earth makes anyone want to vote for him? I can only guess that it it is the fact he is an old rich white guy...

jinx1

(45 posts)
7. Where is wiki-leaks when we need them
Thu Jul 26, 2012, 01:17 PM
Jul 2012

Surely they can find his taxes and distribute them for the American people...after all the information we seek about Bain is in those and THAT is the reason he won't release them. He was paid to work for the Olympic committee while being paid by Bain...people won't like that. He contracted with donors for services while working at the Olympics and he paid no taxes whatever...not even the 15% he said he pays. He invested in Foreign AUTO MAKERS while he was telling everyone to let Detroit fail. The list goes on! The only way to refute any claim is to SHOW US YOUR TAXES.

HughBeaumont

(24,461 posts)
9. Someone needs to tell FatCheck.org this. They still have their head up RMoney's ass.
Thu Jul 26, 2012, 02:35 PM
Jul 2012

Even now:

http://factcheck.org/2012/07/bain-still-no-evidence/

To be clear, our dispute is not with Sargent or others who concede that Romney wasn’t running Bain but who argue that he bears some responsibility anyway. That’s opinion with which anyone is free to agree or disagree. What we object to is the Obama campaign’s continued insistence that Romney continued to run Bain from afar after taking leave, for which we still see no evidence, and Obama ads that either state or imply that he acted personally to send jobs offshore.


You can dispute all you want, but you're fucking WRONG. Now and THEN. Just admit you are. He EITHER lied to the SEC or lied to the FEC. There is no two ways about it.

bucolic_frolic

(43,128 posts)
10. Romney is all about DEREGULATION
Thu Jul 26, 2012, 07:57 PM
Jul 2012

FDR fought most of the battles we're revisiting today. In fact, this
election is about the New Deal. Will the GOP grab the political power to end it,
or will the Democrats hold on to perpetuate it. This is the most important
election since 1932.

Mits and his corporate henchmen define "freedom" as the right to exploit the masses
without interference from governmental regulation.

Don't let them do it!

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