Romney Lies about His Time At Bain Capital

Does this Plutocrat tell the truth about anything? He lied about how long he was with Bain Capital, he won't release his taxes, he won't say where his money has been hidden overseas, he refuses to be specific about any issue... This guy is about as dishonest as they come. No wonder the Right-wingers love him so much. He is one of them.

Obama campaign hits Romney hard on questions over Bain Capital tenure
Boston Globe report identifies SEC filings in which Romney is head of firm until 2002 – three years after he says he left

Barack Obama's campaign team ratcheted up the rhetoric in the White House election battle on Thursday, claiming the Republican contender Mitt Romney may have committed a crime over how he portrayed his involvement with Bain Capital, the company where he made his fortune.
In remarks that took the campaign to a new, uglier phase, Obama's deputy campaign manager Stephanie Cutter said Romney had either misrepresented his position to government regulators or had lied to the American people.

Romney has been claiming for a decade that he ceded control of Bain Capital in 1999 to run the 2002 Salt Lake City Winter Olympics, but Bain filings to the Securities and Exchange Commission (SEC) list him three years later as the "sole stockholder, chairman of the board, chief executive officer and president".
Oops!
http://www.guardian.co.uk/world/2012/jul/12/obama-romney-bain-capital-tenure

 

The battle between President Obama and Mitt Romney reached new levels of rancor Thursday, with each campaign accusing the other of lying over Romney's tenure at private-equity firm Bain Capital.​

The charges flew at a rapid pace, and by the end of the day the Romney campaign was demanding an apology after a senior Obama campaign official said the Republican presidential candidate may have committed a felony.

Obama official Stephanie Cutter made the claim following a Boston Globe article that said documents show Romney was in charge at Bain for three years longer than he had claimed. Cutter said Romney was either misrepresenting his position at Bain to the Securities and Exchange Commission, "which is a felony," or misrepresenting to the American people.
Romney campaign manager Matt Rhoades issued a blistering statement in response.

"President Obama's campaign hit a new low today when one of its senior advisers made a reckless and unsubstantiated charge to reporters about Mitt Romney that was so over the top that it calls into question the integrity of their entire campaign," Rhoades said. "President Obama ought to apologize for the out-of-control behavior of his staff, which demeans the office he holds. 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."

The challenge capped a frenzied and nasty day on the campaign trail.

Earlier, Romney released a new ad calling Obama dishonest and asking if the American people can "trust him to lead" if he "doesn't tell the truth." The release which accompanied the ad in an email to reporters also cited Obama's "lies and exaggerations."

The ad titled, "No Evidence," was an aggressive rebuttal to Obama's claims that Romney outsourced jobs while at the helm of Bain Capital.

"There was no evidence that Mitt Romney shipped jobs overseas," a narrator says in the ad.

But the Obama campaign pushed back in a statement charging the ad is part of Romney's "big Bain lie."

Relying on the report in the Globe claiming government documents reveal Romney remained CEO of Bain for three years longer than he claimed, the Obama camp statement went on to say the ad is "based on a false premise."

In a filing with the SEC in February 2001, Bain Capital listed Romney as the company's "sole shareholder, sole director, chief executive officer and president." It said Romney's "principal occupation" was as Bain's managing director.

Romney's campaign repeatedly has said Romney had virtually nothing to do with the company's operations after February 1999, when he began work on the troubled 2002 Winter Olympic Games.

Questions about Romney's control at Bain from 1999 to 2001 are important in his bid to oust Obama this fall. That's when the company oversaw investments that either created jobs abroad or filed for bankruptcy. It's also a time during which Romney stated in federal disclosure forms that he was not active in Bain Capital.

Cutter, Obama's deputy campaign manager, said Romney may have committed a felony if he misrepresented his role at Bain on the SEC documents. And if he was running Bain after 1999, Cutter said, Romney hasn't been truthful with the public.

"If that's the case, if he was lying to the American people, then that's a real character and trust issue," she said.
But Romney's campaign issued a statement Thursday from Bain that said 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."

J.W. Verrett, an attorney and economics scholar at George Washington University's Mercatus Center, also told Fox News that the original Globe report appeared to "be confused" about the SEC filings.

He noted they refer to "Bain Capital VI," which he described as an investment separate from Bain Capital itself.
"Saying that Governor Romney was the CEO of Bain Capital VI is like saying that I am the CEO of my retirement account ... it's a silly bit of legalese and it doesn't also mean I am CEO of all the companies in which I invest," he said in an email.

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Read more: http://www.foxnews.com/politics/2012/07/12/presidential-rivals-trade-charges-lying-romney-demands-apology-over-felony/#ixzz20RoZVyLA​

 

You guys and you cut and pastes. Since when does lying matter ( if Romney actually lied) ?

Read any of BO's books? Fiction, but you'll excuse it.......he has a D next to his name.
Pelosi " no new deficit spending " in 2007 after she was made speaker
Obama " I will go line by line " no new taxes"

I thought lying was a resume enhancer of your a dem, but bad if your a Repo....

Again.....Hiprocacy on display

 

Making, promising, stating, and keeping campaign promises is like laying out an agenda for your term in office. Nobody even expects you to be able to keep every one of them. But it gives you an idea of their base positions and how they would most likely come down on most issues.

But lying about your past business associations to fabricate a record to run on really kind of hits below the belt of normal politicking. Romney just seems to keep lowering the bar to the point that the people supporting him have to say things like, "Since when does lying matter". If you thought Dubya was bad, you haven't seem anything yet.

 

I seem to remember John Kerry and something about his involvement with the Swift Vets and POWS for truth. Let's see... it was something about Kerry being unfit to serve based on a willful distortion of conduct, his withholding or distortion of material facts as to his own conduct during the war. Additionally, there was something to do with Kerry's phony war crimes charges, his exaggerated claims about his own service in Vietnam and his deliberate misrepresentation of Swift boat operations. Let's see... there was also a challenge to the legitimacy of the combat medals awarded to Kerry and the disposition of his discharge. Then there was the charge that his activism after the war caused direct harm to soldiers still at war.

Oh, yeah.. and he's worth millions and millions. Rich = bad, don't you know?!?!? I would take George W. Bush over John Kerry any day of the week.