Romney's "Problem" Hits the News

[MineralMan]

Those who were worried about whether Romney's Bain Capital lies would be covered by the media needn't worry any longer. Today's the day it becomes a mainstream story. Everyone from Fox News to Time Magazine is on this. See the list at the Google News search below:

https://www.google.com/news?ncl=dEB85eLUMPrmiUMJAc6L0PpaMo1iM&q=Romney+bain+SEC&lr=English®ion&ned=us&hl=en

[Curtland1015]

1. Good news. Now the big question is, will anyone care?

I mean your average undecided voter.

God I hope they do.

[flamingdem]

3. I think this makes it harder for them to steal the election

at least.

[MineralMan]

5. That's a question I can't answer.

Time will tell how long the legs are for this story. It could kill Romney's chances or disappear. I just don't know. Still, it's a story that will be seen by anyone who follows the news at all, so that's a good thing.

[tapermaker]

32. why is time magazine the desider on if this story has legs?

[MineralMan]

34. Time is more than a magazine. The time I'm referring

to is measured by clocks and calendars.

[AlinPA]

11. Your average undecided voter won't notice it at all. If Romney picked a VP now, it would

be noticed because the media could show pictures of a person.

[brooklynite]

13. "Care" isn't the right word...

The average voter won't follow the details; rather, the news coverage and commercials will start to frame an image of Romney in the back of their minds, so that when they start to pay attention in September, they'll be thinking "the rich guy"; "the guy with the Swiss bank accounts"; "the gut who worked for that sleazy company", etc.

[onehandle]

2. I dismissed someone here yesterday for suggesting that he might be replaced by the convention.

Maybe I was wrong?

[MineralMan]

4. I'm not really competent to make any predictions about this.

But, the story is going to be the talk of the country for a bit, at least, and has the potential to be a game-changer. Whether it will live up to that potential or not remains to be seen. It's not going to get buried, though. Too late for that.

[abelenkpe]

7. There is no real enthusiasm for him from voters

On the right.

I still worry about Ron Paul. Saw a young couple driving around LA yesterday in a car covered with Ron Paul stickers. Made me sick to my stomach.

[kimbutgar]

14. I live in San Francisco and I see Ron Paul signs all the time on posts, and in public places

hung on freeway overpasses, but I suspect it is one zealous person. But I see a lot of cars with Obama stickers though

[JDPriestly]

22. Ron Paul is a last resort candidate. My neighbor is one of his fans.

Paulites are disappointed in Obama's inability fully to restore civil rights, his weak stance on medical marijuana, his capitulation to the FED, his failure to put the banks in their place and stop the corruption and cheating by the banks and other financial institutions. They are sick of government intrusions on their privacy, the collecting of their e-mails, the corporate dominance in government, and on and on. And most of us agree with their list of grievances.

So, they seek an easy answer. Ron Paul has never really had to put his money where his mouth is. He has theories (not particularly consistent, but that is another matter), and he yelps about his theories in his squeaky little voice that reminds me of a chihuahua, and sounds so rational.

Except . . . it isn't. Fact is his theories are overly simplistic and totally unworkable. They would increase, not decrease corporate dominance, result in an unlivable planet and impoverish the Ron Paul supporters themselves, most of whom unknowingly benefit from the peaceful, reliable business and social environment that government regulation insures than the rest of us. But the Ron Paul fans are not, for the most part, educated or experienced enough to figure out where or why Ron Paul is wrong.

Many of us agree with the Paulites' list of grievances. It's Ron Paul's unworkable solutions that we disagree with.

[abelenkpe]

39. That is so very true

I could not have said that better. Think that's what scares me so much about him.

[SoCalDem]

28. "Wouldn't it be Luverly"

But..by whom?


Jebbie drafted at the last minute could be a nightmare scenario (having flashback visions of Ahhhhnold's installment here in CA at the 11th hour)

There has been a LOT of Bush-love lately in the press.. could something be in the works?

It would be poetic justice for the way he parachuted back into MA to oust Swift.

[democrat_patriot]

6. I see 99% are: "Ronmey faces heat over Bain" except Fox: "..rivals trade charges of lying"

Oh my.

[Waltons_Mtn]

8. Not meaning to get off the subject, but I have a question.

If this happened to a Democrat would he/she have stepped down by now? IMO yes, to me this is 1000 times worse than weinergate and look how fast he was gone. Sorry don't mean to highjack the thread.

[MineralMan]

10. Before anyone steps down, there have to be lies and changes and

lots of dissembling. It's still early days.

[Sheepshank]

12. Big Difference

RW hypocrits are all about morality...hence the ousting of Weiner.

Money, making money, hoarding money, creating avenues for more money is all about Capitalism...a RW darling and duty.

[caseymoz]

15. MSM's always last to the punch now.

It's really pathetic. They don't cover something until everybody has known about it for at least 48 hours. They've been burned a couple times by Internet rumors. So, they've gone from competing to break the story first, to hanging back to see if it's safe to break it and if it has legs. They are really the hindmost of the media now.

[Arugula Latte]

16. No, no, they're right out in front, breaking that news, swiftly and accurately!

[caseymoz]

18. What? That was the Roberts' fake out!

Last edited Fri Jul 13, 2012, 12:17 PM - Edit history (1)

Yeah, that probably made them a lot more cautious.

[spinbaby]

17. About time

This morning I flipped on the morning news and all they could talk about was Condi as a potential running mate.

[abolugi]

33. I think the MSM

has figured out that was a distraction from the Rmoney campaign. They've figured out that Condi, being pro-choice, would not be a viable VP.
They are calling the VP pick news a "shiny object" They aren't fooling anyone... except maybe Faux

[krawhitham]

19. The real story is there is no doubt he commited a crime

So he either lied under oath

His activities during that period also included Staples board meetings: "I returned for most of those meetings. Others I attended by telephone if I could not return."

Or lied on a federal disclosure form filed as part of his presidential bid

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."

Staples is a Bain Capital entity, So he lied on one or the other and by doing so committed a crime

[librechik]

23. yup--now we know for sure he's a real Republican

move along now--nothing to see here

[Blanks]

29. This really is a Catch-22 for Romney.

He was only able to run for governor of Massachusetts because he was still tied to Bain (lived in Utah, ran for governor of Massachusetts).

Or

He wasn't affiliated with Bain when it was 'leading the country' in outsourcing.

It isn't the breaking the law and filing false documents with the SEC that bothers me; it's the lying. I don't care if he was getting blow jobs from interns; the lying part is just unacceptable.

I just got no use for someone who would lie to the American people.

[sadbear]

20. Friday News Dump, huh?

Let's see what happens on Monday.

[Amonester]

24. If nothing happens on Monday, Baingate will surface again...

* At the cRazie$ convention

* During the first national debate

* In and after the second debate

* In and after the third debate

* In all the President & Vice-President campaign speeches and rallies around the country in Sept-Oct-Nov.

[librechik]

25. +1000 n/t

[JDPriestly]

21. My question is: If Romney loves his businesses so much that

he can't give them up to run the Olympics or the State of Massachusetts, if he was so entangled in his businesses that he couldn't get his name removed from their documents until after he was already governor of Massachusetts, will he really be able to stop running businesses, drop all contact with the people in his businesses and focus on JUST running the country if elected?

In addition, it seems that Romney has a problem with relinquishing authority.

And that he doesn't really understand the concept of conflict of interest.

If you are working in government yet signing documents for a business you "used to" own (or secretly meeting with agents of that business), you obviously have a conflict of interest. In other words you can't say who you are working for. Who "owns" your signature and your loyalty?

Romney does not seem to understand the concept of conflict of interest. Cheney didn't seem to either. Remember how well Halliburton, his former employer, did while Cheney was Vice President. Halliburton flourished while kids died in Iraq. We don't want another president whose business fortunes might be enhanced by war or some other boondoggle policy or government investment. That is the problem with a businessman president.

Where are his loyalties? To his businesses (which, by the way, have international ties)? Or to the people of the United States?

[cleduc]

35. Here's what I don't understand about this story

Romney spends at least 22 years of his life working for Bain. It is the primary occupation and source for Romney making his fortune of reportedly $250 mil. Much of that fortune remained at Bain and came in payouts after he formally left Bain in 2002.

Romney has been described in numerous articles with anecdotes as a "micro manager".

So along come the 2002 Olympics.

Are we expected to believe director, CEO, sole owner, Chairman & micro-manager President of Bain, Mitt Romney, said "Hey Bain employees, I'm off to play around micro-managing the 2002 Olympics in Utah to grease my political resume and ambitions. You guys hang around and play with my $250 mil and don't bug me about it because I'll be just too darn busy scoring political points! Who cares about my $250 mil anyway?"

Boards of Directors of companies provide a company vision and direction. Management executes that vision and direction given to them by their board. The efforts by Bain in outsourcing happened with several companies. It had to be a direction they intended and exploited because it happened too many times over too long a period starting before Romney left for the Olympics.
http://www.scribd.com/fullscreen/78582788?access_key=key-1bux70emr69gworu49ua
(see Modus Media, page 154)

So when director, CEO, sole owner, Chairman & micro-manager President of Bain, Mitt Romney, read his quarterly Bain financials showing how Bain was making millions on outsourcing, did he say as Chairman/CEO "Stop!! That's bad to lose American jobs even if we're making million$!!" Apparently not.

The media needs to step back and join the dots here. There's a reason Romney is lying about this stuff.

[JDPriestly]

38. Excellent post, cleduc.

[gcomeau]

26. The important part hasn't sunk in yet...

A week ago you know how Factcheck.org was defending it's claim that the Obama camp saying Romney stayed with Bain past 1999 was not true?

By citing a 2011 financial disclosure Romney signed saying he left in 1999. Lying on that form would have been a felony... so obviously Romney MUST have actually left in 1999! He wouldn;t have lied when it was a felony to do so! Oh no sir...

Now we have SEC filings from a decade ago that say he was CEO, President and sole shareholder until 2002 and testimony under other from when he was trying to run for governor saying he stil had ties to Mass. because he had been attending board meetings constantly through the period in question at companies that included Bain holdings.

Lying on THOSE forms is a felony.

Those old forms and the 2011 forms contradict.

Oopsy...

[Ian_rd]

27. This removes Romney's only self-purported success and therefore any reason to vote for him

Considering how he does everything he can to ignore how he was the Governor of Massachusetts, his only selling point was his success in private business. I'd say the Obama Campaign has taken a play from Karl Rove's book: Make your opponent's strength his weakness. Rove and others did this to John Kerry with his military service (vs. Bush's dodge into "Gucci Squadron&quot with bullshit claims about his Purple Heart until Kerry was practically running from his own military record.

Now all Romney has is negativity against Obama. And that won't be enough to win the election. Although, ID laws can always rescue him.

[just1voice]

36. Completely wrong, (R)s love criminals, the more crimes the more they like him

The idea that he's successful in business is a propaganda meme, everyone knows he was a business destroyer and was only successful for himself. That's why repukes like him. The U.S. is a criminal culture, a predatory environment, a place where "investors" only care about the bottom line and Mutt Robme is exactly that.

The MSMedia will never say it because they are exactly the same, they prey on people's ignorance for a living.

[NNN0LHI]

37. That may be true

But it is the wavering Dems and Independents who will decide this election.

Don

[just1voice]

40. "Wavering" dems and indys don't care about Mutt Robme

They are wavering for other reasons, like feeling helpless and unrepresented regardless of who's president. Obama is the only person who can get them to vote for him. It would help Obama a lot if he actually prosecuted Mutt Robme or any other lying, criminal repuke but I seriously doubt he or the Justice Department will.

I hope I'm wrong but history suggests I'm not.

[Harriety]

30. People for Romney don't WANT to know the truth....

because if the facts about him prove that he's nefarious it puts the Repubs at odds with themselves, I think. There was someone on my site on facebook today that was totally disgusted with all the political postings (I'm am totally guilty of this "awful" political posting thing) and how we should focus on just talking about everyday stuff. I mean, how silly of anyone trying to get the truth out there on facebook where everything is suppose to be about mundane every day occurrences. Doncha know?

So, I just responded by saying that in 2008 someone (from her family) sent out a mass emails linked to a bogus blog about Sen. Obama being a narcissist and a Nazi. I think it's very hypocritical of her now to not want to know the truth about her candidate.

She doesn't have to read the blogs I post on facebook or look at the pictures with speeches from everyone to Ike to George Carlin, but when a family member personally sends out what they did in 2008 that to me and other family members that went way over the line.

I hope the news keeps covering what they should be covering. If they did their job right, we wouldn't have to post what we do on facebook.

[Ford_Prefect]

31. CS Monitor seems to suggest there is nothing casual about the conflicting info in the filings.

http://www.csmonitor.com/USA/Latest-News-Wires/2012/0712/When-did-Romney-leave-Bain-video

No idea how the spin will doodle this one but if you read the facts as written this looks bad for Mittens et al.

Side question is If RMoney goes down for this, who will they prop up to run in his place? Without a credible (sic) front man they cannot obscure the attack on state level legislatures and judges which is running in the shadows of the GOP Presidential campaign.