General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNYT ed board calls Romney's explanations of when he left Bain "erratic and self-serving"
http://www.nytimes.com/2012/07/16/opinion/mitt-romneys-complaints.html?_r=2&ref=todayspaperexcerpt:
Mr. Romneys descriptions of when he left Bain have been erratic and self-serving. In 2002, when he needed to show he was still a Massachusetts resident, he denied he had quit in 1999, saying he had taken a leave of absence to run the Olympics committee. A series of documents filed with the Securities and Exchange Committee show that Bain certainly didnt describe him as absent after 1999.
A former Bain managing director, Edward Conard, said on MSNBC Sunday that Mr. Romney remained C.E.O. legally so he could negotiate his generous exit deal.
But now that Bain has been accused of helping other companies outsource jobs overseas, laying off steel company employees and wiping out their pensions, Mr. Romney says he had no management role after 1999. A Kansas City steel plant that Bain bought in 1993 under Mr. Romneys control, for example, went bankrupt in 2001, costing 750 workers their jobs and pensions. After the Obama campaign made an ad featuring several of the angry workers, the Romney campaign said he couldnt be blamed because he left Bain in 1999
3feetofsnow
(56 posts)Mitt??!! No way!!!
MADem
(135,425 posts)He had to pay it back after the people of the Commonwealth of MA said "WTF? It's bad enough the shithead is a carpetbagger, how dare he be a BLATANT carpetbagger!"
He really thinks the rules do not apply to him.
janlyn
(735 posts)Mitt continues the conservative belief that if they say it loud enough and often enough it makes it FACT.
I liken this to any one of us having a mortgage and being solely responsible for paying said mortgage,moving out and letting someone else live in our house and say that since we no longer live there we are not responsible for making the payments.
What planet does this guy live on?????
It is true though.
Repeat a lie often enough and loud enough people tend to believe it. So even if it is not a "Actual Fact" it becomes a "Known Anecdote".
Spazito
(50,363 posts)excuses being used by him and his surrogates.
"Retroactively" is now my favorite word to attach to Mr. Outsource/Offshore.
flamingdem
(39,313 posts)Spazito
(50,363 posts)are highly "radioactive".
Blue Meany
(1,947 posts)in order to pay himself and his cronies huge management and consulting fees, and a lot of them eventually went out of business because of the huge debt load he left them with. But as long as that happened after Feb. 1999, he has not responsibility for it.
It's as if terrorist sent a letter bomb to someone. The next day he decided that was wrong and turned over a new leaf. The former terrorist wrote a letter to the press saying he decided to give up terrorism. Therefore, when the bomb goes off and kills its target, he is not responsible because it happened after he quit. But he is till entitled to receive ongoing income from promised him by that evil foreign dictator who hired him to engage in terrorism.
malaise
(269,053 posts)Ding ding we have a winner