The Breaking Romney Story

[Riot]

Mitt Romney has repeatedly stated he left Bain Capital in 1999, to supervise the Olympics. This leaving date unassociates Romney with multiple incidences of mass layoffs, firings, and outsourcing of American jobs to China that Bain Capital participated in after 1999, which are political liability in a presidential campaign.

However, in this past week, Romney's claims about the date he left Bain have been disproven.

The importance of this is that it leaves Romney only two choices to describe himself:

First, admitting he made repeated overt political lies simply to make himself look good. This would require simply an embarrassing public walkback, but leaves him open to attacks that destroy his Bain cred in the campaign.

Secondly, he didn't lie about the 1999 date, but instead Romney lied to the SEC, which would be a federal felony.

The exclusive original stories that have broken this news: David Corn at Mother Jones, Talking Point Memo, and then the Boston Globe. The timeline:

First story: July 2 and 3, David Corn, Mother Jones:

http://www.motherjones.com/mojo/2012...documents-show

http://www.motherjones.com/politics/...ain-stericycle

Talking Points Memo then also verified the story July 10:
http://talkingpointsmemo.com/archive...in_in_1999.php

The Boston Globe then took the work of the reporters in the above two stories, and published a story that finally got MSM attention:

http://bostonglobe.com/news/politics...sUTI/story.htm

Comment: It is believed that the Romney camp deliberately used various controversies over the NAACP speech, and his fundraiser talk yesterday, to try and distract the media and public from the breaking Bain stories that show Romney lied. The stories are a BFD to his continued successful campaign.

[Riot]

Referencing front page of: http://www.politico.com/

Thursday, July 12, 2012

THIS JUST IN... Boston Globe refuses Romney demand to "correct" Bain story

By John Aravosis on 7/12/2012 06:18:00 PM

The Boston Globe reported this morning that federal and state documents filed by Mitt Romney and Bain claim that Mitt Romney remained the CEO, chairman of the board, and sole stockholder well beyond the 1999 retirement date that Romney had claimed in federal documents filed with the FEC.

If Romney lied, this could be a felony. And he appears to have lied to someone as you can't "retire" but still remain CEO and Chair of the Board for a couple more years.

The Romney campaign demanded that the Globe "correct" their story, which Romney called "inaccurate." The problem is that, as the Globe notes in their subsequent letter to the Romney campaign, the Globe can't correct a story that quotes federal and state documents that Romney wrote himself.

Via Politico, the Globe writes:

The Globe story was based on government documents filed by Bain Capital itself. Those described Governor Romney as remaining at the helm of Bain Capital as its “sole stockholder, chairman of the board, chief executive officer, and president” until 2002. The story also cited state financial disclosure forms filed by Romney that showed he earned income as a Bain “executive” in 2001 and 2002, separate from investment earnings.

Only in Romney-land does someone retire and then keep his job for a few more years. If Romney is now claiming that he took a leave of absence from Bain, then why did he tell the FEC that he "retired"? And why did he file state documents showing he was still earning income if he supposedly no longer worked there?

Lots of questions, and no answers, from Camp Romney.

Then there's today's story from Buzzfeed in which Mitt Romney said during a recent GOP primary debate that he "worked" at Bain - you know, that place he "retired" from - until 2002.

As a result of all the bad news, Romney's camp is losing it. They issued a statement today demanding Obama apologize for the "out of control behavior" of his staff. Their behavior was accurately commenting on Romney's own federal and state filings.

But the Romney camp's statement is a sign that their worried, very worried, about today's news, and more generally, the traction the Bain story is clearly starting to have.

For them to risk making the story bigger by issuing such an over-the-top statement smells of desperation. They felt they to had to do something, anything, to stop the story. And instead, they keep making it bigger.

http://www.americablog.com/2012/07/t...e-refuses.html

[Riot]

Thu Jul 12, 2012 at 07:00 PM EDT

Why Romney flip-flopped on Bain departure date
by Jon Perr

Thursday's revelations in the Boston Globe that Mitt Romney did not in fact leave Bain Capital in February 1999 have put the GOP standard bearer in hot water.

At best, the contention if true would mean Romney lied to the American people to avoid paternity for job-killing deals that nevertheless lined his own pockets. At worst, the Republican nominee flouted SEC rules and broke the law.

But largely overlooked in the discussion of departure date as Bain Capital CEO is why Mitt Romney used to claim he was only on leave between 1999 and 2002.

If Romney really permanently left Bain in 1999 to run the Salt Lake City Winter Olympics, he might have been ineligible to run for governor of Massachusetts.

As the Globe noted in its story, "financial disclosure documents Romney filed in Massachusetts show that he was paid as a Bain Capital executive while he directed the Olympics." But it is the last sentence in the article which may be the most important:

In Romney's 2002 race for governor, he testified before the state Ballot Law Commission that his separation from Bain in 1999 had been a "leave of absence" and not a final departure.

And why was Mitt Romney testifying before the Massachusetts Ballot Law Commission? Because, it turns out, for three years he paid property taxes to Utah while claiming his $3.8 million Park City mansion was his "primary residence."

And unless he could convince the Commission that was a mistake and that his tony Belmont estate was still home, Bain Capital CEO Romney would never have become Governor Romney.

Continued ...

http://www.dailykos.com/story/2012/0...departure-date

[geeker2]

^^^^^^

Please disregard me I am am hopeless in love with the turd in the white house

[Riot]

Originally Posted by geeker2

^^^^^^

Please disregard me I am am hopeless in love with the turd in the white house

^^^^ Has nothing useful to say, acts like a child.

Tell us, Geeker - what do you think of the facts of the situation? Are you going to continue to pretend they don't exist simply because you hate Obama? This no longer has anything to do with the Obama campaign. The news media is on it's own.

[geeker2]

wrong