"Passive, absentee owner," but none the less owner. I understand that
Mr. Romney was in Salt Lake and probably not running the day to day operations
of Bain Capital but at the end of the day, regardless of who is making the day
to day at Bain Capital the responsibility for what happens at Bain is still Mr.
Romneys. Own up to it and accept the responsibility. We have enough
politicians on both sides of the aisle that blame someone else for what goes
wrong, I would like to see someone who takes responsibility rather than pass
Wonder what kind of law, legal or spiritual, Mitt Romney would have to break
before his LDS and Republican followers lost faith in him?All of us
non-members are befuddled as we thought Romney was suppose to be "above the
common man".Romney "would not be caught in any corrupt schemes,
unethical or illegal."Mitt was "different from those in US
government, one who always told the truth". Mr. Romney "would
change the laws concerning the way corrupt bankers, lawyers, those working in
the finance industry, and the wealthy handled US and foreign money".Weren't we suppose to have a "new, uplifting country, that was fair
for middle class people, no loopholes or unfair advantageous for the
wealthy"?Rick Santorum seemed to be the only one who truly saw through
Junkgeek: Sorry, it's already too late. President Obama beat Mr. Romney to
the punch -- i.e., selling the nation to the Chinese -- by borrowing trillions
from them to finance his various "programs."Fred44: What
I'd really like to know is how much the state of Hawaii got paid for that
birth certificate.Mike Richards @ 1:06 am: Well said. There is no
reason to believe anything that comes from the Obama election camp. viejogeezer: great moniker. I agree with you except that "this flap"
was initiated by the Mr. Obama's people. Since it is clear that they lack
any level of ethics, I think it IS relevant to the discussion of who should be
our next president.
To Mike Richards 1:06 a.m. July 14, 2012Everyday we learn more
about Obama and his total disregard for truth. Why should we be surprised when
he and his followers lie about Romney?------------------------------Your statement is inaccurate. Let
me correct for you. to be accurate, it should read:"Everyday we
learn more about Romney and his total disregard for truth. Why should we be
surprised when he and his followers lie about Obama?"There --
it-s fixed -- it's truthful now.
Obama questioning Romney's honesty is like Bernie Madoff criticizing
pyramid schemes. Romney has about 10 chances every week to highlight
Obama's abject ineptitude regarding financial and economic matters. In a
time of financial crisis, why does anyone want a President who has not only
never run any kind of organization (prior to being President), but repeatedly
demonstrates he doesn't have a clue about how a financial organization is
run?Way past time to get the amateurs out of the White House.
Why are so many right wingers unwilling to allow an investigation into the
matter? They have been in favor of re-investigating the location of the current
President's place of birth for the 30th time even though the state of
Hawaii has produced a birth certificate for the President. This is a lot less
clear cut than where President Obama was born.
Irrelevant chatter. All that matters is that we don't let Romney in the
White House to sell off America to the Chinese. :)
@A1994"Where is the plan? Where are the jobs? Why should he get
another four years? Really, can any Obama supporter explain what is going to be
different?"I'd suggest watching something other than Fox
News to get obama's jobs plans reported. He wants to increase aid to the
states so they can re-hire teachers, first responders, etc. We know he wants
more infrastructure spending. He wants to have some tax reform that closes
loopholes to lower rates. We've gained private sector jobs 28 straight
months despite losing half a million gov't jobs the past two years (Reagan
HW Bush and W Bush oversaw public sector job growth when getting out of their
various recessions). Ended a war, working on ending the second, averted a Great
Depression, GM's #1 in world again, healthcare reform is a good thing...
lots of reasons to reelect him in my view, not to mention Romney's policies
are undesirable on many levels.@wrzIf Romney were more
consistent... 2002: “[T]here were a number of social trips and
business trips that brought me back to Massachusetts, board meetings,
Thanksgiving and so forth.”
Everyday we learn more about Obama and his total disregard for truth. Why should
we be surprised when he and his followers lie about Romney?
One question I haven't heard asked or answered: If Romney quit in Feb. 1999
with no intention of returning and as sole shareholder he was ultimately
responsible for all actions taken taken by the Company, why did it take three
years for him to transfer ownership?
When it became clear that the Titanic was going to sink, the crew started firing
off flares in desperation. This story is Obama's desperation flare. Obama supporters: The country is aching for leadership on the economy
and all your guy can do is try to drum up a ridiculous felony charge against a
good man. Where is the plan? Where are the jobs? Why should he get another
four years? Really, can any Obama supporter explain what is going to be
@atl134:"Facts on the ground are that Romney still had major
titles in the company..."He was a partner in Bain. Of course he
had titles. All the partners had titles. The question is, did he provide
management after he left to handle the Olympics. He says no... and analysts on
both sides of the political spectrum say no."Does that sound
like someone who has no role in Bain for those three years?"He
had a role, he was a partner... (did I say?). You don't give up your
partnership just by taking on another responsibility. You have to sell it. We
don't know, at this point, if he sold his share or not. But, apparently he
did give up all management responsibilities. So say the researchers.@no fit in SG:"Love how Mitt can recall and boasts about,
'all the jobs that I have created.'Hmm...puts ol' Mitt in
the company of some fine individuals."I think he's saying
the jobs were created during his tenure as a leader at Bain... before he left in
Question: It’s been established now that Gov. Romney did not play an
active role in the management of Bain Capital after February 1999. Why, then
would Gov. Romney have kept his name on the documents that were filed with the
SEC? John Sununu: I don’t know the exact answers, but I can
give you approximate answer. Those kinds of partnerships are extremely complex.
It takes time to unwind them, to make fair allocation for what people are owed
for previous involvement and nobody was in a hurry to finish the paperwork. He
ran off to help finish the Olympics, and worked 24/7 out there. And nobody ever
anticipated anything as unethical and slimy as the Boston Globe has done to
distort reality in any way at all. They weren’t packaging the timing to be
Boston Globe slime-proof.
Get a clue! You and the rest of the complainers have no idea how you break up a
company when the partner leaves in a hurry. The company has to be unentangled
- oh heck what's the use. If you are toooooo dumb to know how
long it takes, and why he would still get a cheque from the company after he
leaves (as the former owner) and believe the nonsense spewed by the left because
they have nothing else to run on, there's no hope. And yes, I put names on
this and decided to take them out.
So now, Mitt is saying, "I do not recall attending any Bain meetings in
person, or over the phone, after leaving for the Olympics." Neither
can Mitt recall "any investment decision with Bain" after 1999.Love how Mitt can recall and boasts about, "all the jobs that I have
created." Hmm...puts ol' Mitt in the company of some fine
"...checking claims about Romney's leaving date at Bain "really
feels like Groundhog Day again,"...".Voting to repeal the
ACA 33 times, really feels like Groundhog Day.
@lost in DCNope, sometimes I talk sports or religion.Anyway
what we have here is that Romney wants to assert that despite all the titles he
still had, all the SEC filings made, all the meetings he phoned or flew into,
and all the times he had to sign stuff... he was not involved in the decision
making. Now, I can accept the idea that he wasn't the main guy in charge
those years, but the idea of him having zero involvement at all in decision
making... doesn't fit well with all that we know about this.
re:LostinDCThough most (lay)people wouldn't consider Staples
not a business entity of Bain, I'll accept Factcheck's explanation now
that they addressed the issue of Romney's testimony. Factcheck: "We
THINK the term “Bain Capital entity” on Romney’s disclosure
forms COULD ONLY refer to Bain’s various investment funds, not to
companies in which it invested."So, they are giving Romney the
benefit of doubt. Can you recognize the truth? I'll assume
going forward you will accept Factcheck's evaluations of statements made by
We don't have any idea what he went to Massachusetts for (health care?) or
what kind of influence he had over the day-to-day people who did run Bain. But
if money is involved, the person who has most of it is usually the one with the
most influence, at least in private enterprise and individual partnerships, am I
not correct? So it would then follow that if Romney made, shall we say, a
"strong suggestion" that something be taken care of or done in a certain
fashion, and he were the one with most of the money and power, then it would
most likely be done. Now, use your head. You're one of those people around
that table. What would your reaction be--and remember, your job, benefits,
family's nice lifesyle, are all at stake, too, and Romney admits he likes
to fire people who provide services but not to his liking--now, what do you say?
@YGradFanFacts on the ground are that Romney still had major titles in the
company during those three years, signed his name on plenty of forms and
filings, and would fly or call in for meetings. Does that sound like someone who
has no role in Bain for those three years? Sure you can argue he wasn't
leading Bain, but he absolutely still had some influence in it during those
years with all the boards he was on.
BO and his ilk would not know the truth if it bit them. Then they would not
recognize it as truth, only that they were bitten.No fit in
St.GeorgeThe 2012 presidential race is not for a spot in heaven.Truthseeker,Can you not distinguish between the board of Bain and the
boards of companies in which Bain invested? They are NOT the same.atl134 - I think I figured out you monikerAlwaysTalkingLiberal134% of the time.Did I nail it?
As one who has no sympathy for Romney's politics I think this flap is
silly. Who cares when he left Bain. There are real issues for them to talk
about and neither candidate is doing it. How are they going to reduce the
national debt? How are they going to get out of the wars? Do we need more tax
cuts for the wealthy, or anyone else for that matter? How about the 1/6 of our
population that doesn't have enough to eat? Do we really need a military
bigger than the next eight countries combined?If you believe supply side
economics(Reagonomics, trickle down) will help the the most Americans, vote for
Romney. If you think growth is stimulated by increased demand(Keynes) maybe you
should think about Obama. However, let's talk about real issues, not this
atl134 @ 2:55 pm, give it up already. Your comment/comeback is as weak as the
dems trying to lie about Romney's involvment with Bain. Leave it to dems
to lie about the opponent or come up with some other excuse, rather than trying
to run on their own record. Oh, wait, they have nothing to run on. So
let's lie about Romney instead.
Interestingly enough, what this shows me is that the Obama campaign is either:
(a) unaware of how businesses work, (b) intentionally misleading the American
public, assuming we're too daft to tell an obvious lie from truth when we
see it, or (c) both.On all accounts, it's offensive.
How do you unring a bell? The Obama campaign knows you can't.
Their purpose has been served.
In Obama's campaign, truth is the first casualty. This is not change we can
believe in. It's Chicago-style politics. Our president needs to be retired
and his VP returned to oblivion.
@no fit in SG:"What's that old saying... Something about a
'rich man, heaven and the eye of the needle...'"You
must be speaking of Obama who must have millions by now. He makes $400,000/year
as president and we, the hapless taxpayers, fund his and his family's
vacations, overseas trips, and golf outings.Perhaps we need to think
about investigating the guy who had shady dealings with the likes of William
Ayers and Tony Rezko.Oh, and another thing, what about Obama's
questionable SS number? His number starts with '042' a exclusive to
Connecticut, a state he's never been in. Why hasn't the hot shot
Democrat investigators looked into that?@Madden:"The
Obama campaign does not care about truth and honesty..."True.
The Democrat tactic seems to be to throw anything against the wall to see how
much of it will stick. That's their primary MO, especially when they have
a failed presidency.
"During an interview with MSNBC's Ed Schultz, Obama's campaign
press secretary said they won't apologize."Why should they?
A lie can circle the globe twice before the truth can put on its shoes. Obama
and his surrogates will do anything and everything they can to try to distract
attention from the mess he's made of the economy.
"Campaigns are supposed to be hard fought, but statements like those made by
Stephanie Cutter belittle the process and the candidate on whose behalf she
works."Romney fundraises with the most prominent birther in the
nation. If he doesn't like it, he can deal.
A recent political cartoon appeared in the Orlando Sentinal:Mr.
Obama is standing in front of a group of people and one asks, "With only
80,000 jobs created last month, and unemployment at 8.2%, what is your plan of
action?"Mr. Obama replies, "I'm calling for Romney to
release his tax records."So, again, another diversion tactic
swallowed lock, stock, and barrel by the President's faithful hordes.
Another attempt to smear Mr. Romney's integrity by releasing information
that is known to be factually inaccurate.One of my kids high school
teachers once said in his classroom, "Mormons are like Nazis." After my
wife and I talked with him, he apologized to his class. The problem is, those
kids will never remember the apology but only that he said, "Mormons are
like Nazis."This is the game being played by the president. He
is counting on the fact that everyone will remember the "facts" and
forget about how inaccurate they are.
@ Henry DrummondThe big outsourcing started after 1999 under the
control of the new management (majority Democrats as a side note.) Obama was trying to pin those decisions on Romney since before 1999 it was
more growth for mainly American jobs.It's pretty much
Obama's entire attack line right now actually. But it doesn't hold
Why are Romney and his supporters so anxious to distance the Republican
Candidate from Bain? Any chance that the stories of outsourcing American jobs to
China and laying off workers at profitable companies to make a quick profit are
true? I thought Bain was job creating machine for America. You can't have
it both ways.
The Obama campaign does not care about truth and honesty (frankly, most
politicians don't, see: the Romney walking the health care tightrope), but
this is a new low. It is completely misleading and off-topic for what the
campaign ought to be about. Sadly, they understand that only the headlines
matter, the truth and details do not. Politics is no longer about ideas and
policy, just branding and marketing.
It's called chicago politics! By DYLAN BYERS |7/12/12
1:50 PM EDTBain Capital sends the following statement, following
today's Boston Globe article reporting that MItt Romney was CEO there
until 2002:Mitt Romney left Bain Capital in February 1999 to run the
Olympics and has had absolutely no involvement with the management or investment
activities of the firm or with any of its portfolio companies since the day of
his departure. Due to the sudden nature of Mr. Romney's departure, he
remained the sole stockholder for a time while formal ownership was being
documented and transferred to the group of partners who took over management of
the firm in 1999. Accordingly, Mr. Romney was reported in various capacities on
SEC filings during this period."For you above, I don't know
what in the world you are reading, try reading the truth.
Eeeks! Romney was on the Board of Directors of some of the companies, but NOT
Bain. He left in February 1999 after only 7 days to take over the Olympics
because he was needed right away. The current directors of Bain, (2 dems) 1 of
them a bundler for obama said he left in Feb and had no say in anything from
then on, no phone calls, no nothing. It took a while to do the necessary things
for the company so that the others could take over. They didn't think it
was a great rush because he was gone and had nothing more to do with Bain.If you can't believe a bundler for obama, who the heck can you
"CNN's John King looked at the Globe story as well, finding four
sources with firsthand knowledge of Bain's operations at the time, all of
whom said Romney is telling the truth about his departure date. Three of the
four are Democrats, King reported, and two are active Obama supporters."If liberal CNN and four Democrats say Romney is telling the truth, what
more do you want? These people have nothing to gain by lying for Romney.Where Obama, running from his own record, has everything to gain by
To: no fit in SG...You just don't get it. This article and many
others are showing and proving that the Obama claims and their rhetoric about
Mitt Romney continue to be false and misleading. When proven fact-checking
organizations check out Obama's claims, they are inevitably shown to be
false and/or very misleading. It's people like you who don't bother to
finish reading an article or doing any further research that are falling for
Obama's misleading claims. As stated late in this article,
Obama's camp seems to be hitting a new low with it's political ethics
in making claims they know to be false. Politics can be a dirty game, but Obama
is making it dirtier than ever. His hands are filthy! He can't win on his
own merits (which are obviously lacking), so he resorts to trying to smear his
opponent with unfounded allegations and false rumors. Pathetic!Anyone who
does their research now has more reason than ever to distrust Obama and want him
out of office. Almost no one can claim they are better off now than they were 4
years ago when Obama took office.
This is all fair game it seems in Politics.... With all of the half truths being
generated by the SuperPac's, this is just another example of one! Both
sides are taking bits and peices and touting them as truth. I do not agree with
it, but for one side to yell foul is truly a laughing matter. Democrats and
Republicans are both guilty!
"CEO and Chairman of the Board and he was legally responsible for every
investment and decisions made by Bain." Democrats are suddenly interested in
ethics and whose responsible and they want answers! Well so do Americans...The
President of the US is responsible for every decision made by the
government...Bailouts, Fast and Furious, Solyndra, Foreign investment of US tax
money...we want answers now! Obama is the president who should practice what he
preaches...whoops, except he mocks people who cling to their bibles. Sorry
"preaches" was a bad choice of words.
Well, there are unanswered questions and the picture is as clear as mud.
Namely, Romney testified in a 2002 Massachusetts Ballot Commission Hearing that
he regularly traveled back and forth between MA and UT and attended board
meetings of some of the corporations Bain invested in. Are we to
believe that attending board meetings as CEO, Chairman and sole stockholder
doesn't mean you are involved?
What's that old saying...Something about a "rich man, heaven and
the eye of the needle..."Each day, more and more is out there on
Romney's secret and questionable past.Even the DN is forced to cover
this in a way that they have not done previously.