Why Does Mitt Romney Act So Guilty?

[marmar]

Booman Tribune, via AlterNet:



Why Does Mitt Romney Act So Guilty?


I understand Mitt Romney's basic argument, which is that he took a paid leave of absence from Bain Capital in 1999 and that he didn't exercise any executive authority over the business again afterward. He didn't originally know that he wouldn't be coming back, so he continued to act as CEO in some capacities, like filling out paperwork or even, perhaps, attending a board meeting of some subsidiary, but he can't be blamed for decisions that the company made while he was focused on the Olympics or launching his gubernatorial bid. That's basically the theme the right is using to defend him, and it makes sense as far as it goes. The problem is that it doesn't go very far.

Let's just phrase the charge a little differently and say that Mitt Romney enriched himself by owning a business that made huge profits by outsourcing jobs and downsizing companies. Can he dispute that he personally profited as the CEO, chairman, a sole shareholder of Bain Capital in the 1999-2002 period? Obviously, he cannot make that claim.

Moreover, if he didn't like what the company was doing, he had the power to make them stop. I haven't seen Romney come out and claim ignorance about Bain's activities. He's just saying that he didn't make those decisions. At best, he approved those deals retroactively by not expressing any displeasure.

So, what is Romney's defense? That he didn't work on the deals even though he made tons of money off them and never complained? ......................(more)

The complete piece is at: http://www.alternet.org/newsandviews/article/1033019/why_does_mitt_romney_act_so_guilty/

[Scuba]

1. Bingo. He owned the damned company and is responsible for the job losses.

[lpbk2713]

2. He's the man behind the curtain.

After all the smoke and hoopla goes away the little man is revealed as a fraud.
Mittens is deathly afraid someone will pull back his curtain and reveal the real Mitt.

[malaise]

3. Duh!!

[HopeHoops]

4. For the same reason you can tell which dog shat in the living room - the one that's hiding.