One of the worst things that can happen to a politician burdened by a controversy is generally captured by a sound: drip, drip, drip. Instead of making a full disclosure from the outset, the politician allows revelations to come slowly, one at a time, dragging out the issue while creating a longer series of damaging headlines.
When it comes to Mitt Romney and his Bain Capital, the drips just keep coming.
Back in 2002 when he was running for Governor of Massachusetts, Mitt Romney and his aides had no problem admitting he retained his position as CEO of Bain Capital after 1999. Press articles from the time describe how Mr. Romney was on a "leave of absence" after 1999 and had not fully cut ties with the private equity firm. [...]
Mr. Romney being on a "leave of absence" would explain the discrepancy and it doesn't mean he played any role in managing the company, however, according to at least one former Bain Capital executive, during a prior leave of absence, Mr. Romney still remained in a very active role with the company.
In 2002, a Boston Globe article quoted a former Bain Capital executive named Marc B. Wolpow who said Mr. Romney remained in a very active role at Bain Capital while he was supposedly on a leave of absence for his Senate race. Wolpow specifically said of Romney's role, "I reported directly to Mitt Romney.... You can't be CEO of Bain Capital and say, 'I really don't know what my guys were doing,'"
Daily Kos' Jed Lewison, meanwhile, highlights a Bain press release from July 1999 -- several months after Romney claims to have given up his role at the firm -- that describes Romney as being on "a part-time leave of absence" to work on the Olympics. What's more, Dave Weigel notes Bain materials that said Romney would continue to have "input on investment and key personnel decisions" after his alleged departure.
Making matters slightly worse, the Huffington Post has a report this afternoon, noting a federal disclosure form Romney filed in August 2011 that said Romney, after February 1999, "has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way." The article added, "That is false."
And making matters worse still, BuzzFeed has published a 2000 document, uncovered by our pal James Carter, that identifies Romney as being "principally engaged in the business of serving as sole stockholder of BCI VI, Inc. (Bain Capital Investors VI)" -- materials signed by Romney that clearly contradict other disclosure forms filed with the FEC. (Update: By "other disclosure forms filed with the FEC," I mean materials like these.)
The challenge, then, becomes figuring out which entity Romney was lying to: the SEC, the FEC, voters, or some combination thereof? Given the contradictions, and the fact that Romney's version of events clearly don't add up, his stories can't all be truthful.
Romney still has his defenders -- most notably the Washington Post's Glenn Kessler, whose defense strains credulity -- but the Republican's story appears to be unraveling quickly.
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The line of attack against Wolpow will probably center on the fact that he opposed the Romney candidacy in 2007--see THIS article from 2007 in the LA Times:
http://articles.latimes.com/2007/dec/16/nation/na-mittbain16
More low hanging fruit from the liberal lapdog media to avoid America's real problems, housing, unemployment, soaring debt and a middle east being taken over by radical islamists....sigh.
I think you've got that backwards Timmy. It is Obama and the Democrats that are worrying about housing, unemployment and soaring debt. It's the Republicans in Congress who are stopping all the legislation to try to deal with these issues.
And as far as the Middle East being taken over by radical islamists....don't you think they have the right to form any government they want - like we did? So they don't want what we have - they prefer their own form of government - isn't that their right? As long as they leave us alone, shouldn't we leave them alone? Do you think what we've done in Iraq and Afghanistan HELPED them appreciate us and our form of government?
Obama, the democrats and the republicans only care about centralized federal gov power grabs in the form of federal overreach..ie, "the affordable health care act", "dodd frank consumer protection act", "the patriot act" , wrapped in cutsie names for the drones to accept, and many other pieces of power grab legislation. Politicians like Dodd and Frank purposly overleveraged banks through policy causing the housing crash just so they could enact more laws and regulations. Americans need to wake up to the errosion of states rights and the huge power grabs by the feds.
There were many people like you who said the same thing about Nazi Germany as you do about the middle east...we are usually destined to repeat the past without hindsight.
Obama and the dems supported the war in Afghanistan, and many dems supported the Iraq war resolution. unlike the unconstitutional executive overreach of Obama who took military action in Syria via the UN.....the UN according to Obama gives the US the right to take military action because he is a globalist fascist.
In 2008 candidate Obama stated “I taught the Constitution for ten years. I believe in the Constitution. I will obey the Constitution of the United States. We’re not gonna use signing statements as a way of doing an end-run around Congress.”
From 2009 to date, the president has issued 128 Executive Orders dealing with abortion, U.S. Armed Forces, American Indians and Alaskan native educational programs, Bosnia, business and industry, commissions, boards, committees, task forces, etc. National Defense, energy, environment, faith-based organizations, Government agencies, Haiti, health Care, historical black colleges and universities, Iran, Kosovo, Libya, North Korea, patient protection and Affordable Care Act, Presidential records, regulatory cooperation, Somalia, stem cells, Syria, trade, veterans and Yemen.
http://www.infowars.com/proof-un-plans-to-ban-american-guns/
Infowars is full of crap. Your sources belie your idiocy, along with your habit of posting the same thing over and over, as if spamming it increases its relevance or makes it closer to true.
Prove it wrong then..... What makes infowars any less viable than MSNBC who is a liberal lapdog news outlet who probably has less viewers?
MSNBC has verifiable sources; Infowars does not. Simple as that.
So says the indoctrinated liberal.....u mean like when Contessa Brewer misled and race baited her viewers about the so called racists tea party activists? MSNBC is a corporate media outlet responsible to its puppetiers and handlers to propagate the status quo corporate oligarchy, infowars is quite the opposite, to reaveal the hard real truth.
Infowars couldn't find the truth with both hands, spotlights, and radar. And speaking from experience, personal up-close guns-waved-in-my-face experience, Tea Partiers ARE racists, and you can take that to your gold-standard bank.
You're the one who is indoctrinated, so badly that you have to change the subject constantly because you don't have enough talking-points to cover a subject beyond a single blurb.
What your lacking in intelligence, you more than make up for in stupidity. They are racists because your bs liberal outlets tell you they are drone.....
No, because I can think and read and analyze data, unlike you. And did you not get the "personal experience" part? Happened in downtown Nashville, and I'll never forget it.
What seems to be overlooked is Willard claimed to have left Bain completely to focus on the Winter Olympics in '99. If he couldn't run Bain at the same time, how is he going to manage juggling the Presidency? I'd say that comment alone disqualifies him.
http://www.breitbart.com/Big-Government/2012/07/13/Obama-took-bain-cash
Please, please, please keep this up. It's time for America to stop and look at the truth (as in "federal documents"). These capitalists have been dodging taxes, manipulating Wall Street, and using the media as a propaganda machine for a long time.
The media in general has been disgraceful on this ("oh, those documents don't mean anything...").
http://www.breitbart.com/Big-Government/2012/07/13/Obama-took-bain-cash
Are we seeing a pattern here? Wherever there are rules, whether it's disclosure forms, tax returns or generally accepted ways to treat your dog, Mitt seems to try to circumvent them. Could it be because he doesn't think, as a Master of the Universe, that they apply to him? W. didn't think the rules applied to him, either. And look how that turned out.
http://www.breitbart.com/Big-Government/2012/07/13/Obama-took-bain-cash
Huffington Post has more new evidence showing Romney as primary managing member of Bain Capital with dated 12/10/02 in a filing with the state of Mass."authorized to execute, acknowledge, deliver and record any recordable instrument purporting to affect an interest in real property, whether to be recorded with a Registry of Deeds or with a District Office of the Land Court.".
We all know how complicated business documents are, but Romney is the small print that noone reads at the bottom of a contract, (the one where you give your first born to him.)
He has twisted so hard to get away from his stellar business past, but he can't get rid of the pesky government documents that keep popping up with his name on them and showing that his stars in business might be better characterized as black holes.
http://www.breitbart.com/Big-Government/2012/07/13/Obama-took-bain-cash
I think his time 'saving' the Olympics might be another aspect of Mitt's management that is worth a second look. Didn't he get Washington to give him millions for that one. Hmmm
Obama Took Cash From Bain Outsourcing Execs......
http://www.breitbart.com/Big-Government/2012/07/13/Obama-took-bain-cash
Another power grab by Obama and the feds....... where is Maddow and the liberal lapdog media on this?
http://www.infowars.com/obamas-latest-power-grab-rewriting-welfare-reform-law/
You have posted the same thing numereous times - do you not have anything better to contribute?
gonna take that as you can't dispute it....
What is to dispute this is nonsense. As I responded in an earlier post you made Romney takes money from the Koch Brothers whose father was one of the founding members of the John Birch Society, Adelson, Karl Rove Super Pac, Oil Companies and your breibart.com wasn't Briebart associated with a White Supremacist Group. He has also received contributions from 7-11 Corporate Headquarters which are in Japan, so Romney is taking money from a foreign country?
In November 2005, Seven-Eleven Japan Co. Ltd. completed the purchase of 7-Eleven Inc., turning the Texas-based publically-traded conglomerate into a privately-owned Japanese company. Seven-Eleven Japan Co. Ltd. is itself a subsidiary of Seven & I Holdings Co., Ltd., which also owns the Japanese Denny's chain of restaurants.
And MSNBC and Obama is in the pockets of liberals like George Soros and his son, a bunch of global facists corporatists anti Americans who would like nothing more than the rule of law in this country to be under the UN.
Opps...lol
http://www.washingtontimes.com/blog/watercooler/2012/jul/18/picket-obama-bundler-bain-opens-obama-camp-more-cr/
Republicans betrayed their own conscience when they went against established Republican principles like the MANDATE over healthcare which was a Heritage foundation issue popularized by Gingrich.
Obama did more than his share to UNITE but the Republicans were out to oppose for opposing sake and not following any policy or principles. In the famous words of Minority Senate Leader Mitch McConnell the Republicans were out to defeat the Obama agenda even if it went against established Republican policies set by past precedent.
Mitch McConnell was out to make sure that President Obama remains a one term President and see where it has brought the Congress and its public esteem.
Gingrich out of his own admission was out to defeat Obama from the day he was sworn in as President.
You can not justify the Republicans as the "loyal" opposition as is the case in most mature democracies. They have been out to get President Obama by hook or by crook. A leader can meet the opposition half way but can not fold completely to their whims and fantasies like that of the current Tea Party affiliates.
Republicans will loose in 2012 just like they did in 2008 but with a smaller margin because of the dark money of Billionaires due to Citizens United verdict of the right wing Supreme Court.
On Friday the 13th (7/13/2012) the very illusive Mitt Romney gave very defensive interviews to all FIVE networks on a single day at once!! Just a few days ago Mitt Romney said to FOX News that explaining means that you are WEAK. So his five interviews "explaining" his time at Bain were signs of his weakness!!
Presidential Candidate Mr. Mitt Romney maybe feeling the heat on his role in BAIN Capital, his business experience which was supposed to be his sole criteria for creating jobs and his greatest qualification for running for the American Presidency in the current economy in 2012!
However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital.
Mitt Romney can not just share the good like job creation from 1999 to 2002 and leave the ugly like Bankruptcies and layoffs behind as if he had nothing to do about them from 1999 to 2002.
If he really wanted to disassociate himself from Bain Capital he could have resigned and sold all his shares in Bain Capital in February 1999 then it would have been a different matter but to share in the glory of Bain's job creation accept a salary of $100,000 or MORE (where are the Tax Returns?) for three years and only to refuse to take the responsibility of Bankruptcies and layoffs on his WATCH (1999-2002) is trying to have it both ways and then complaining of playing politics having been caught with his hand in the proverbial Cookie Jar that is the very essence of an ACTIVE LEGAL ROLE in Bain Capital till 2002!! Was Romney getting $100,000.00 or more to do NOTHING for BAIN Capital???
Mitt Romney will have to face the consequences of this leaving Bain "lie" that Mitt Romney has brought on upon himself. If we keep reminding the Romney campaign of the Bain exit lie and Romney's ill effects on workers robbing them of their hard earned salaries and life long benefits all the way to November then 7/13/2012 (FRIDAY the 13th) will go down as the turning point of the 2012 Presidential election!
Two-Faced Willard
"I was not responsible for what happened at Bain Capital" - Mitt Romney
"I was the Sole shareholder, Sole director, Chief executive officer and President of Bain" - Mitt Romney
"The Arizona immigration policy is a good model" – Mitt Romney
"I didn't really support the Arizona immigration policy" – Mitt Romney
“The Massachusetts healthcare plan should be a model for the nation” – Mitt Romney
“Healthcare reform should be left to the states” – Mitt Romney
"Let Detroit go bankrupt" -Mitt Romney
"I'll take a lot of credit for saving the auto industry" -Mitt Romney
“I believe Roe v Wade has gone too far.” – Mitt Romney
“Roe v Wade has been the law for 20 years we should sustain and support it.” – Mitt Romney
“I respect and will protect a woman’s right to choose.” – Mitt Romney
“I never really called myself pro-choice.” – Mitt Romney
“It was not my desire to go off and serve in Vietnam.” – Mitt Romney
“I longed in many respects to actually be in Vietnam and represent our country there.” – Mitt Romney
“I’m not trying to return to Reagan-Bush.” – Mitt Romney
“Ronald Reagan is… my hero.” – Mitt Romney
“I think the minimum wage ought to keep pace with inflation.” – Mitt Romney
"There’s no question raising the minimum wage excessively causes a loss of jobs.” – Mitt Romney
“I saw my father march with Martin Luther King.” – Mitt Romney
“I did not see it with my own eyes.” – Mitt Romney
“I would like to have campaign spending limits.” – Mitt Romney
“The American people should be free to advocate for their candidates without burdensome limitations.” – Mitt Romney
“I supported the assault weapon ban.” – Mitt Romney
"I don’t support any gun control legislation.” – Mitt Romney
" ... Mitt Romney senior adviser Ed Gillespie said Sunday on CNN’s "State of the Union" the GOP candidate “retroactively” retired from Bain Capital after the 2002 Salt Lake City Olympics began. ... "
No body who has been drawing at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital “retroactively” retires from Bain Capital AFTER the 2002!!! Then why draw the salary of at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital if Romney retired from Bain “retroactively” !!!
" ... Gillespie continued, "He took a leave of absence and, in fact, Candy, he ended up not going back at all and retired retroactively to February of 1999 as a result." ... "
However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is also shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital. Then to run for Governor of MA Romney sought residency of MA by lieu of his Bain positions. Now either Romney was at the Olympics OR he was at BAIN.
Only one can be true not BOTH at the same time simultaneously!!! Will the true Willard Mitt Romney stand up and accept ONE thing? Does Romney want to accept untrue SEC filings and be called a Felon or agree that he represented Bain from 1999 to 2002?