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I am sorry, but every piece of evidence, per multiple sources, say that Romney still legally owned, but had no investment say in day to day operations during that time while he was away with the Olympics and they were negotiating his severance package. From big time Democrats at Bain, to secretly obtained documents from Bain, to what investors say they were told, and etc....
Obama could sell you the Brooklyn Bridge.
Obama promised a new age of honest politics he called for civility and what do we see? Character assassinations and mud...politics as dirty as we've seen it coming from a candidate himself...remember he "approved this message."
They keep posting nonsense thinking it makes them look like some kind of big time researchers or Wall Street gurus, yet they can't seem to find Bain's response.
Wow, mittens has got his fingers into lots of stuff. Notice how EVERY time his held a passive role in the corporation it was clearly footnoted. For Bain (not one of the dozen or so editions of Bain) was he listed as passive.
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,852 posts, read 10,456,964 times
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Quote:
Originally Posted by BucsLose
Seriously, that started with a Hillary supporter. And all he had to do on day one was show the certificate, but Obama let it drag and drag and drag. McCain didnt bring that up during the election year either.
These are outright LIES and distortions by Obama. He is just praying something will stick or he can deceive enough people into believing him. He cant run on the economy so he resorts to lies and class warfare.
Its sickening to see that there are people like you that are proud to call that piece of trash, your candidate.
"Show us the birth certificate, er, tax returns.... show us the tax returns!!"
Yes this Massachusetts State Ethics Commission, Statement of Financial Interests for calender year 2002!
Of interest is exhibit A-5 located about a third down on the form signed by Romney.
This form, which Romney signed, indicates that Romney was an ACTIVE executive for Bain in 2002.
WASHINGTON -- Between 1999 and 2001, Mitt Romney, then the CEO of Bain Capital, signed at least six documents that the private equity firm filed with the Securities and Exchange Commission. The documents run in direct contradiction to a claim that Romney has made repeatedly: that he had nothing to do with Bain, and therefore no responsibility for Bain investments, during that period.
It's also a claim he made in August 2011 on the federal disclosure form he filed as part of his presidential bid. Romney didn't leave any wiggle room: "Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee [for the 2002 Winter Olympics]. Since February 11, 1999, Mr. Romney 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."
That is false.
SEC files include at least six instances of Romney signing documents after February 1999, proving -- unless the signatures were forged -- that his claim to not have "been involved in the operations of any Bain Capital entity in any way" is wrong.
Most of the documents reference Romney as the "reporting person." Most of the filings were first reported by Glenn Kessler of the Washington Post, although he noted them in an opinion column otherwise dedicated to demonstrating that Kessler was correct weeks ago when he wrote that Romney had parted ways with Bain in 1999.
For instance, in April 1999, Romney signed documents related to a Bain deal with Pirod Holdings.
...
Do the SEC documents suggest that Romney is either lying or a criminal as Obama's camp has claimed?
Or is Romney telling the truth that he ended active management in 1999 while running the Olympics and handling other obligations, but did not officially agree to a severance contract until 2002.
Add him to President Bill Clinton and Mayor Cory Booker, both Democrats.
What does Obama fundraiser, one time Democrat Candidate for the Senate, and Bain big wig say? Well Steve Paglicua says:
They now have 4 people spilling their guts at Bain during that time, 3 registered Democrats and 2 actively campaigning for Obama -- including Obama Bundler Jonathan Lavine -- and they all say Romney is 100% telling the truth.
So why does Obama keep pushing a lie? Oh that is right, Obama's own words:
Bo CAN'T RUN ON HIS RECORD, as it is terrible. He needs to divert attention away from high unemployment and high debt. Therefore, he is trying to "change the topic of conversation". This is a Saul Allinsky tactic, and is not surprising.
............. hey................ let's talk about the economy instead! I wonder what the American people are more concerned with?
Wow, mittens has got his fingers into lots of stuff. Notice how EVERY time his held a passive role in the corporation it was clearly footnoted. For Bain (not one of the dozen or so editions of Bain) was he listed as passive.
My response is that I agree with my first 2 links on the original post the Washington Post and FactCheck. Obama is blowing smoke - not my words.
That all evidence suggests that Romney ended active all active management while still owning the company and title. He was busy and contract negotiations as to his severance package took some time.
As they point out, it was the Democrats in 2002 that tried to argue that Romney was so busy working long hours in Utah from 1999 to 2002 that he had in effect not been in Massachusetts enough to be a resident and therefore could not be governor.
Now some of the same Democrats are trying to argue that while being so busy working long hours over a thousand miles away he was actively managing Bain in Boston at the same time he was managing the Olympics in Utah. Bull crap.
And speaking of which, this sordid little saga (fueled by Romneys inept response), appears to have (very) long "legs".... stay tuned!!
I agree with you that Romney has given inept excuses, but that doesn't make Obama's ridiculous lies all at once truthful.
Yes, Romney needs to toss it back. He won't. He can't. He doesn't know how.
That's not what's really sad, though. What's sad is that there are many Americans who just flat aren't smart enough to see it for what it is: lies and distraction.
There really should be an IQ test given before one is allowed to vote. Or some kind of test. Even a silly Jay Leno or Howard Stern Man-On-The-Street test. That would eliminate at least 50% of those who vote for democrats.
They're in a blind trust now, but were they when he ran the Olympics? Why would he need to put them in a blind trust for that? The trust would have been an issue while he's holding public office. How could the company have been in a blind trust at that point in time if he was still legally the President/CEO/President of the Board? You sound like the one who doesn't know what you're talking about.
I thought he voluntarily gave up the day to day management of Bain because he couldn't run the Olympics and Bain at the same time--there wasn't any need for a blind trust because there was no conflict of interest issue. The issue is that he still served in some capacity with Bain--at least as executive leadership on paper if not as day to day management--and he was listed on the SEC documents as President/CEO/President of the Board. If he wasn't involved with the company at all, that's misleading to investors and a huge "no no". People make investment decisions and do their due diligence based in part on the leadership of a company--that's the felony they're talking about. If he WAS involved, then he has to deal with the investment decisions made by the company during those years, including outsourcing. It looks like a darned if you do, darned if you don't situation. Regardless, as President/CEO/Board President he was legally responsible for the decisions made by Bain during his tenure there, and his signature would have had to be the one on legally binding documents.
I own a business. I don't know too many people who would be willing to take complete legal responsibility for the actions of underlings if they have no say or oversight over their actions.
It really is stunning, the lying which has been going on. Even when the MSM points out they are lies, the Obama campaign doubles down. It really is over for Obama.
Ok so on to this mess of illogic. I think this will crystallize the issue for those with 2 brain cells to rub together.
Ok, so it has ben established that Romney took a leave of absence no matter what any of the Bainers say. Politifact, Washington Post, CNN, et al ageed this is true.
Next we move to the highlighted non sense. Bain was not a publicly traded company, so this does not apply. This really underlines that we have ignorant people who have chimed in. That will never acknowledge Obama is a liar because they are clueless.
As an added bonus, I will give any poster who can provide me with the SEC regulations outlining the responsibilities of a CEO, a lollipop.
Since Obama is such a well informed fellow, his direct participation in the lie indicates the his campaign is in huge trouble. He is now, no different than birthers.
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