Al Gore Support Center Online Forum 2008 :: A Reality Based Organization Fighting For Al Gore! -> What a Tangled Web

What a Tangled Web

Track this topic | Email this topic | Print this topic

JamesAquila

Posted: Jul 14 2012, 11:13 AM

GSC Patriot

Group: Members
Posts: 4212
Member No.: 67
Joined: 18-June 04

QUOTE

What a Tangled Web

By CHARLES M. BLOW

Mitt Romney�s stories just don�t jibe.

First, there is the issue of when he left Bain Capital, the private-equity firm he founded.

On an August 2011 federal disclosure form, Romney stated that he �retired from Bain Capital on Feb. 11, 1999, to head the Salt Lake Organizing Committee.� The statement continued: �Since Feb. 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and had not been involved in the operations of any Bain Capital entity in any way.�

But, as The Boston Globe reported this week, Securities and Exchange Commission documents filed after 1999 by Bain Capital state that �he remained the firm�s �sole stockholder, chairman of the board, chief executive officer, and president.� �

Furthermore, according to documents obtained by The Huffington Post, Romney testified in June 2002 that there �were a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving and so forth.� According to The Huffington Post, Romney also testified that he �remained on the board of the Staples Corporation and Marriott International, the LifeLike Corporation.�

Here is where we must split the hair. All these things could be technically true, but that�d rest on a distinction most people wouldn�t make. There is no evidence that Romney played an �active role� in �any Bain Capital entity,� although he was active in the companies that Bain invested in. This depends on what you consider an �entity.�

As FactCheck.org puts it: �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.�

That may be technically true, but the spirit of the truth as most people engage it doesn�t turn on technicalities.

For most Americans, filings for the Federal Election Commission and the Securities and Exchange Commission are foreign concepts that would have limited resonance. But being misleading is a universal concept: most have done it and most frown upon it. The insinuation by the Obama campaign that Romney was either lying then or is lying now (or is shaving the truth down to a sliver) to make a buck and win an office is a much easier and more dangerous concept for voters to wrap their minds around.

Furthermore, the slipperiness of this explanation underscores Romney�s otherness. If you were a construction worker or a schoolteacher, the year you stopped doing your job wouldn�t be ambiguous. Having no �active role� in a parent �entity� feels like a term of art for a con artist.

http://www.nytimes.com/2012/07/14/opinion/...d-web.html?_r=2

Texan for Gore	Posted: Jul 14 2012, 02:32 PM
GSC Enforcer Group: Moderator Posts: 4495 Member No.: 2253 Joined: 20-March 07	Romney should be prosecuted for his criminal behavior. How someone as deceitful, job-killing and outsourcing as he even qualify as a presidential candidate is beyond me. But that's the problem with our status quo society.

Patsy	Posted: Jul 14 2012, 07:40 PM
GSC Patriot Group: Members Posts: 804 Member No.: 122 Joined: 18-June 04	The GOP and Tea Party are trying to defend this guy. It is so funny to watch. Mitt has too much baggage to explain.

Wayne in WA State	Posted: Jul 14 2012, 11:33 PM
GSC Enforcer Group: Moderator Posts: 3834 Member No.: 1466 Joined: 14-September 06	It's time to begin unpacking Mitt's baggage.

ALGOREismylife	Posted: Jul 15 2012, 11:59 AM
Super Moderator Group: Super Moderator Posts: 7190 Member No.: 386 Joined: 22-August 04	Another lying criminal republican. Nothing new. :bad:

0 User(s) are reading this topic (0 Guests and 0 Anonymous Users)

0 Members:

« Next Oldest | General Republican Talk | Next Newest »

DealsFor.me - The best sales, coupons, and discounts for you