Full Panic Mode: Mitt Romney Is Showing Desperation Re: Bain, Taxes

This past week has seen a flurry of reporting about Mitt Romney’s lack of candor with regard to his tenure at Bain Capitol. First he says that he retired in 1999. Then, when SEC documents prove that he claimed to be in charge through 2001, he says he was merely on a leave of absence. Then more evidence reveals that he gave sworn testimony that, while he was running the Olympics, he was still making trips and decisions at Bain. Finally, his campaign released a statement that insists that he had “absolutely no involvement” with Bain after 1999, and dismisses the documents that contradict that saying…

“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.”

For a time? There is no justification for such a transfer to result in failing to properly report the firm’s management for three years. It would only take a simple amendment to a previous filing to alert the SEC of a management change. The only plausible explanations for not doing so for three years are either neglect or deceit (neither of which are particularly attractive traits in a presidential candidate). During that prolonged period of time, companies considering doing business with Bain would have been materially misled had they relied on the representations in the SEC filings. In many cases businesses consummate transactions based on the perceived reputation of the managers. An associate who concluded any business with Bain during this time might be dismayed to learn now that the assurances given him as to who was in charge were false. That could make Bain and Romney liable for damages in any deals that went south.

No wonder Romney refuses to disclose his taxes the way almost every other presidential candidate has since his father set the standard some 40 years ago. So what has Romney decided to in response to this hail of bad publicity?

First he floats the name of Condoleeza Rice as a potential pick for his running mate. I’m going on record here as saying that the chances of that happening are less than zero. Rice has been adamant about her aversion to politics and has declared unambiguously that she would not take a spot on the ticket. What’s more, her selection would infuriate Romney’s pro-life base. But this discussion fueled by a ridiculous post on the Drudge Report is Romney’s way of diverting attention from his many financial woes, and also his embarrassing performance at the NAACP conference. Fox News came to the rescue on this by promoting the Rice speculation, including a particularly absurd segment on Your World with Neil Cavuto:

Cavuto: Word is that former Secretary of State Condoleeza Rice is not only on Gov. Mitt Romney’s veepstakes list, she’s on top of it for now. And considering that she’s not the only Bush cabinet official on it, maybe the Bush stigma is over. To Gov. Mike Huckabee on a list that he’s actually rumored to be on himself. What do you think of this?
Huckabee: Personally, I really don’t think there’s that much of a Bush stigma going into this election because people want to defeat Barack Obama. I think that George W. Bush, were he on the ticket, would win the election this year. And he certainly would have the enthusiastic support of Republicans. […]
Cavuto: But Condoleeza Rice is attached to one of the more controversial, to put it mildly, the whole Iraq war.

Wow! They really have some chutzpah to assert that there is no Bush stigma. But to go even further and declare that Bush could actually win an election is bordering on derangement. Especially when Cavuto himself notes that Rice is stigmatized by her connection to the Iraq debacle, but he doesn’t seem to place any responsibility for that on Bush. I repeat…Wow!

Following the Rice diversion, Romney has scheduled a series of news interviews with five news networks (ABC, CBS, NBC, CNN, AND Fox) for tonight. With the exception of Fox, this is an almost newsworthy announcement on its own. Romney has permitted only a handful of interviews outside of his Fox News comfort zone. So to suddenly make appointments to run the mainstream media table reveals just how serious Romney regards his current predicament. He is in a full panic and hopes that by spinning furiously on a Friday night (when the fewest people are paying attention to news) he might be able to pacify the peasants with torches and pitchforks, and make it to the safety of next week.

Judging by the snowballing reports that continue to discover new cracks in Romney’s stories, it seems unlikely that his diversionary tactics will succeed. If he wants this to subside, he needs to come clean about Bain and release the tax returns he is so obsessed with concealing. Otherwise he will just be prolonging the pain and creating more opportunities for enterprising journalists to uncover more of the dirt that is undoubtedly there.

Lashing out wildly at Obama, calling him a liar without providing any substance to back it up, and attempting to manhandle the press, might gain him some points amongst those already on his side, but it isn’t going to stop the bleeding and, in the end, it will only make him seem weak and pathetic, lost and desperate, which is what he is.

Now Bill O’Reilly Needs To Apologize For Being An Idiot To The NAACP

Bill O'ReillyLast March, Bill O’Reilly engaged in an on-air brawl with a constitutional expert who told him that ObamaCare would be upheld by the Supreme Court. Bullheaded Bill vehemently disagreed and and promised to replay the segment and apologize for being an idiot if he were wrong. Well, he was wrong, but still declined to make a genuine apology.

Tonight O’Reilly reprised his idiocy. During an argument with NAACP Washington bureau director Hilary Shelton. O’Reilly once again browbeat his guest with assertions of his warped version of reality. Shelton attempted to point out that the booing Romney endured was unique and a result of Romney’s disrespect of his audience.

Shelton: We’ve had Republican candidates for president at the NAACP before. As you know, four years ago, John McCain. As you know, when George Bush ran for president the first time…
O’Reilly: And McCain got jazzed too, by your crew.
Shelton: No he didn’t. Neither one of them did. That’s absolutely not true.
O’Reilly: He got jazzed by your crew and you know it.
Shelton: I hope you’ll go go back and actually play that on your show.
O’Reilly: We covered it. I remember covering it.
Shelton: What you’re saying is simply untrue.

Since O’Reilly already demonstrated his cowardice when he refused to apologize in the prior incident, it is unlikely he will will bother to show any more integrity this time. So for anyone who is interested, here is the speech that McCain gave at the 2008 NAACP conference. There was not a single negative reaction from the audience. No booing, no heckling, no “M-Fer, I want more iced tea.” No one got “jazzed.” But don’t hold your breath waiting for O’Reilly to apologize for, once again, being so desperately wrong.

The few hisses Romney suffered were entirely deserved. He seemed intent on baiting the audience. But this was not a pattern of behavior on the part of the conferees, as McCain’s video proves. Then again, McCain was a far more gracious guest. His demeanor was respectful as he solicited their support.

McCain: I’m here today as an admirer and a fellow American. An association that means more to me than any other. I’m a candidate for president who seeks your vote and hopes to earn it. But whether or not I win your support, I need your good will and your council.

Compare that to the condescending attitude Romney exhibited wherein he belittles his audience by declaring that the only reason they would not vote for him is because they are incapable of understanding how righteously awesome he really is.

Romney: I believe that if you understood who I truly am in my heart, and if it were possible to fully communicate what I believe is in the real, enduring best interest of African American families, you would vote for me for president.

Yeah, sure. It’s too bad that they’re just too stupid to see the real you. Or are they? Romney affirmed his scornful tone at a fundraiser he rushed off to following the NAACP event. When asked about the mixed reception he received he said of the NAACP crowd…

“I hope people understand this, your friends who like Obamacare, you remind them of this, if they want more stuff from government tell them to go vote for the other guy – more free stuff. But don’t forget nothing is really free.”

See? People who simply want to be able get affordable health care without being gouged by greedy insurers; who want to take care of their family’s needs without losing their homes or going bankrupt; who want an end to cancellations when they file claims; who don’t think that preexisting conditions should be an obstacle to getting coverage; to Romney these people are freeloaders looking for a handout.

So Romney should not be surprised if he encounters more booing or other public condemnations. He’s earned it. And O’Reilly should stop pretending that he knows anything. He doesn’t.

Mitt Romney: Original Bankster

Purchase “RMoney: Original Bankster” Stickers here.
Mitt Romney - Original BanksterMitt Romney (or RMoney, as his Highlife Homies call him) is relying on a resume of alleged financial acumen to propel him into the White House. Unfortunately, his expertise lies more in the area of sucking the wealth out of companies, terminating employees, and sending those jobs overseas – along with his own lavish proceeds so as to avoid contributing his fair share to America’s prosperity.

Romney is the quintessential candidate of the GOP (Greedy One Percent) who callously admits that he likes to fire people, that his wife drives two Cadillacs, that corporations are people, and that he’s not concerned about the poor.

He advocates an agenda that reeks of plutocracy, favors the wealthy, and if I can quote Ice-T, he’s “Dazed by the game in a quest for extreme wealth.” He’s OB – The Original Bankster.

Now you can get your very own “Original Bankster” stickers.

Help spread the word about a presidential candidate…

  • Who maintains an unprecedented camaraderie with the Wall Street Hoodlums and Vulture Capitalists that thrust this nation into an enduring recession.
  • Who refuses to level with the American people by releasing his tax returns even though his father set the standard for such transparency by releasing twelve years worth.
  • Who has been untruthful regarding his expatriated finances, his stewardship of Bain Capital, and pretty much everything else he says.
  • Who embraces endorsements from far-right, extremists like Allen West and Ted Nugent, who recently lamented that the south lost the Civil War.
  • Who is incapable of empathizing with average Americans, but who is right at home with Donald Trump, the Koch brothers and other greedy elites.
  • Who resists disclosing his plans for the nation he seeks to lead, but when he does he reveals an overt favoritism for others in his class and a determination to punish the less fortunate.

Mitt Romney is singularly unfit to represent the American people or to set the nation on a course of recovery. He is the embodiment of the policies that drove the country into an economic ditch. And he doesn’t have the experience or the vision to advance the sort of progress that is the best part of America and its legacy in the world.

Did Mitt Romney Lie To The SEC About His Management Of Bain Capital?

Mitt Romney’s core argument for supporting his candidacy for president is the assertion that his business experience has prepared him to deal with the economic challenges that the country faces. But that case is muddled by the many unanswered questions about his past that he refuses to reveal. Unlike his father, who released twelve years of tax returns in his White House bid, Mitt Romney has released tax filings for only one year. Then he expects everyone to take at face value his insistence that he has never sheltered income off-shore and has always followed the law. OK, fine, then why not release the documents to prove it?

Swiss Mitt Romney

The problem with taking Romney’s word for anything is his proclivity for telling lies about almost any subject he discusses. With regard to his tenure at Bain Capital, Romney has declared emphatically that he was not responsible for any of the reported instances of terminating domestic employees and sending those jobs overseas. His principle claim is that he left Bain in 1999, before any such actions occurred.

However, new evidence has emerged showing that this is just another false statement from Romney. Documents filed with the Securities and Exchange Commission show that Romney was identifying himself as the Managing Directer of Bain as late as 2001.

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
February 11, 2001

Bain Capital, Inc., a Delaware corporation (“Bain Capital”), is the sole managing partner of the BCIP entities. Mr. W. Mitt Romney is the sole shareholder, sole director, Chief Executive Officer and President of Bain Capital and thus is the controlling person of Bain Capital.

Romney has said that, despite what official filings may say, he could not have been running Bain at the time because he was too busy working on the 2002 Olympics. If that’s true, then he lied to the SEC when he signed the Schedule 13D cited above. So Romney is either lying on an official government form, or he is lying to the American people. That’s not a choice that has any positive outcomes.

Another example of Romney’s blatant disregard for the truth is his claim that any off-shore investments in his name were made in blind trusts without his knowledge. Just yesterday he told an Iowa radio show that “I don’t manage them. […] I don’t even know where they are.” But records reveal that he did, in fact, own off-shore assets in 1997, prior to having created his blind trust. And furthermore, despite his denial, he knew of other such investments that were reported in the one tax return he released for 2010.

Mitt Romney Pathological LiarAll of these incidents illustrate that Romney has no shame when it comes to lying about his past, even when those lies can be exposed with information from public records. It makes one wonder what is in the tax returns that he is so feverishly struggling to keep from becoming public. How much worse can it get?

In the wake of these controversies, the response of the Romney campaign appears to be a rather childish “I know you are, but what am I” approach. His operatives are now saying that they plan to go on TV and call President Obama a liar. That’s the sort of projection that is typical of the tactics employed by Romney surrogate, SuperPAC kingpin, and Fox News contributor, Karl Rove. But it’s a dangerous strategy for someone who’s veracity is already so tarnished.

Fox News Latino: Voter ID Laws Could Block Thousands in November

In another example of Fox News pandering to Latino audiences, the Fox News Latino web site featured an article today that contradicted everything that Fox News reports to their non-Latino audiences.

Fox News Latino

This article is a reprint from the Associated Press and it covers the issue of voter suppression in a manner that respects the truth. The author correctly notes that instances of in-person voter fraud are nearly non-existent, but that the photo-ID laws advanced by Republicans will disenfranchise thousands of eligible voters:

“The numbers suggest legitimate votes rejected by the laws are far more numerous than are the cases of fraud that advocates of the rules say they are trying to prevent. […]

“Supporters of the laws cite anecdotal cases of fraud as a reason that states need to do more to secure elections, but fraud appears to be rare. As part of its effort to build support for voter ID laws, the Republican National Lawyers Association last year published a report that identified some 400 election fraud prosecutions over a decade across the entire country. That’s not even one per state per year.

“ID laws would not have prevented many of those cases because they involved vote-buying schemes in local elections or people who falsified voter registrations.”

On Fox News the typical approach to this story is the ludicrous accusation that opponents of ID laws are proponents of fraud. Even though they can never cite actual incidents of fraud, people like Sean Hannity, Bill O’Reilly, Neil Cavuto, Megyn Kelly, and the juvenile miscreants on Fox & Friends, persist in spreading falsehoods about imaginary illegal voters. Then they use their fairy tales to justify legislation that will result in valid voters being turned away at the polls. And just coincidentally, the vast majority of those turned away are seniors, students, and minorities, who are likely Democratic voters.

Republican governors and legislators are the ones pushing these discriminatory policies, with the help of Fox News. However, on Fox’s Latino-focused web site the story is completely different. It is treated with the proper attention to the harm that would befall Latino voters. This is a perspective that never appears on the Fox News mothership.

The purpose is obvious. Fox News is working in concert with the GOP to purge Democrats from the voter rolls. However, they don’t want to completely alienate the fast growing Latino population. So they segregate their news coverage in order to mollify Latino audiences who are rightfully concerned about this issue, but Fox hides this honest reporting from the dimwits who watch Fox News. It’s a cynical ploy that could only be hatched by people who think that Latinos are stupid enough to fall for it. Fortunately, that’s where Fox went wrong.

John Boehner To GOP Donors: I Can’t Make You Love Mitt Romney

Mitt RomneyIn a stunning display of understatement, John Boehner, the Republican Speaker of the House of Representatives, confided to a group of prospective donors at a fundraiser that Mitt Romney is not all that lovable. In a candid response to a question posed by an attendee, Boehner lamented that…

“The American people probably aren’t going to fall in love with Mitt Romney.”

No kidding! A nation comprised of a large but shrinking middle class is not going to have an affinity for a multimillionaire, ruthless titan of business, who prospered by throwing thousands of Americans out of work. They are not going to embrace an elitist who regards power as a birthright granted via his ruling class status. They will never be seduced by an empty suit who refuses to take a position on vital issues without contradicting himself.

Americans want a leader who is unafraid to tell them what he believes, rather than pandering to partisan extremists. They want a leader who can lay out an agenda more substantive than incessantly bleating that the other guy sucks. They want someone who will level with them about who he is, which includes releasing his tax filings for twelve years as President Obama did (and as Romney’s father did when he ran for president).

Boehner has helpfully allowed some truth to stumble out of his mouth while he was in the midst of a friendly audience. He added that the only people who are affirmatively for Romney are “some friends, relatives, and fellow Mormons.” He could have added to that list wealthy, multinational corporations whom he regards as people. Boehner’s larger point was that, in this election, people will be voting for or against Obama. That’s pretty much an admission that Romney is no more than cardboard cutout who could be replaced by any other celebrity billionaire, like say, Montgomery Burns.

When a prominent surrogate like Boehner is reduced to soliciting donations by highlighting how unlovable you are, your campaign has gone off track. When he confidently asserts that this is “an election about competence,” reminding everyone about the last person to make that a campaign theme (Michael Dukakis), you might want to adjust your strategy. But if even your strongest supporters can’t summon up actual affection for you, then perhaps it’s time to pack it in and retire to one of your seven mansions.

An Arrogant Romney Campaign Shifts Focus To Window Dressing

In the past week Mitt Romney has come under severe attacks by conservatives who think that he is blowing any chance he had of beating President Obama. Bill Kristol, Laura Ingraham, and Rupert Murdoch have all made it clear that they are more than disappointed with Romney’s performance as a candidate. Even the Wall Street Journal published a scathing editorial that said that “the campaign looks confused in addition to being politically dumb,” and that those responsible “ought to be fired for malpractice.”

In the wake of this disastrous week that saw stinging criticism from staunch allies, Mitt Romney’s campaign has announced a new shift in tactics. They are now going to commit themselves to better messaging.

“Mitt Romney is planning to fortify his communications and messaging team […] The campaign plans to bolster its rapid response and overall messaging operations.”

Messaging? That’s what Romney thinks is the problem? The Washington Post is reporting that Romney is committed to his current and insular staff of long-time associates. The sense of the campaign is that they are doing just fine but for a lack of effective media.

That’s a fatal misperception. Rather than addressing serious shortcomings in his campaign’s lack of direction, Romney thinks that better PR is all he needs. But Romney’s campaign is almost exclusively centered on his opposition to Obama. He has not articulated an alternative to any policy put forward by the President. There is no Romney health care plan (except for the one that he implemented in Massachusetts that he now disavows).
Mitt RomneyThere is no immigration plan. There is no job creation plan. There is no economic revival plan. There is only heaps of scorn on whatever Obama is doing and promises that he has some magic formula to make everything better – a magic formula that he refuses to disclose.

So now that he is widely viewed in his own circles as being perilously close to blowing it, Romney makes a major announcement that he’s going to beef up his media team. Yeah, that’s the ticket. Continue to rely on all the same people that are driving you into a ditch, but bring aboard some more flacks to lie about it. That should work out just great – for Obama.

Ted Nugent Says: It Would Have Been Best Had The South Won The Civil War

OK, I know. Ted Nugent is about as foul and depraved an individual as you’re ever likely to encounter. He is the guy who raged through a profanity-laced tirade that threatened perverse assaults on Hillary Clinton and Diane Feinstein. He’s the guy who implied that he would resort to violence, and possibly assassination, if President Obama is reelected. He’s the guy who Mitt Romney sought out for an endorsement. And now this…

“Because our legislative, judicial and executive branches of government hold the 10th Amendment in contempt, I’m beginning to wonder if it would have been best had the South won the Civil War. Our Founding Fathers’ concept of limited government is dead.”

So Ted Nugent thinks that everything might be better if the South had won the Civil War? Nugent must be terribly disappointed that slavery was abolished and that the union was preserved.

Nugent’s grotesque remarks were published in his regular column for the “Moonie” Washington Times. The article is his response to the Supreme Court’s decision on ObamaCare. But his logic is unfathomable. He seems to think that a limited government is one that permits the ownership of human beings. If the Founding Fathers’ concept of allowing such atrocities is dead, that’s for the better. How can anyone argue against that?

In addition to his repugnant advocacy of slavery, Nugent expresses his desire to end some other popular programs. He contends that Social Security, Medicare and Medicaid are more “unaffordable, unsustainable, runaway, unaccountable social program[s].” He attacks Chief Justice Roberts saying that he “engineered the ultimate demise of this great experiment in self- government.” It’s startling how wingnut cases like Nugent can argue that democracy is imperiled by ObamaCare when it was passed by a popularly elected congress, signed by an elected president, and affirmed as constitutional by justices who were confirmed by elected senators. At which point in the process was self-government hampered?

This is just another in a long series of heinous outbursts by Nugent. Yet Mitt Romeny, who has embraced Nugent’s support, has never repudiated any of these vile, violent, and unpatriotic sentiments. The media always seems to hold Obama accountable for commentaries from anyone perceived to have even a slight leftward tilt – even when those people have no association with the President or his campaign. When will the media hold Romney accountable for one of his most prominent and contemptible surrogates?

The Fox News Un-American 4th Of July Election Special

Demonstrating their blatant hostility to fairly representing the American people, Fox News broadcast an election special on the Fourth of July that consisted of almost exclusively conservative Republicans. Out of eleven political guests there was only one Democrat (Rep. Rob Andrews of New Jersey).

Balancing out that lone voice was Supreme Wacko Allen West (who thinks that there are 80 card-carrying Democratic communists in Congress), virulent Democrat hunter Darrell Issa (who never met a Democrat he doesn’t hold in contempt), and a panel of eight all-GOP House freshmen. Even for Fox this is a strikingly unbalanced division of ideologies.

Frank LuntzThe host of the program was the GOP “Word Doctor,” Frank Luntz. Luntz is best known for developing rhetoric and catch phrases to deceive people into supporting programs they would never back if they were told the truth about them. Recently Luntz held a seminar with GOP leaders advising them on how to mislead their constituents. Luntz advised Republicans to avoid certain words and replace them with others that he had focus-group tested. For instance: Out: Capitalism / In: Economic Freedom.” When conservative PR flacks tell Republicans not to talk about capitalism, a significant shift is taking place.

The program’s highlights included Allen West reiterating his belief about communists infiltrating Congress. No one bothered to challenge his nightmarish delusions. Darrell Issa was allowed to defend his inquisition of the Obama administration via a softball question about whether he thought he was too hard on Democrats. Did they really expect him to say “yes?” No one bothered asked him why his Committee on Oversight never held hearings on Republican malfeasance.

The program was so steeply slanted that the set was decorated with paintings of past presidents, but not a single Democratic president was on display. It was a feast of both overt and subliminal propaganda that sought to pretend that there was only one political opinion that encompassed the whole of the American population. For Fox News to schedule this brazenly partisan hour of Republican PR on Independence Day and label it an “American Roundtable” is evidence of just how far they will go to promote their benefactors in the party of the Greedy One Percent (aka GOP). They are going to be unpleasantly surprised when they discover that there are millions of Americans who do not share their self-serving, elitist views, but who aspire to a more inclusive and uplifting agenda that seeks to make “liberty and justice for all” more than just a slogan to be exploited by cynical Republicans and deceitful “news” networks.

GOP Can’t Make Up It’s Mind On ObamaCare

Eric Fehrnstrom, Romney spokesman: “The governor believes that what we put in place in Massachusetts was a penalty and he disagrees with the court’s ruling that the mandate was a tax.”

Reince Priebus, Republican Party Chairman: “Our position is the same as Mitt Romney’s position. It’s a tax.”

There is apparently some internal debate as to Mitt Romney’s position on whether the mandate in the Affordable Care Act is a tax or penalty. This debate has been raging for many months, but escalated considerably when the Supreme Court ruled that ObamaCare is constitutional. So let’s bring in someone who would have to be regarded as an authority on Romney’s position.

Mitt Romney: “I said that I agree with the dissent, and the dissent made it very clear that they felt it was unconstitutional. But the dissent lost. It’s in the minority. And so now the Supreme Court has spoken. And while I agreed with the dissent, that’s taken over by the fact that the majority of the court said that it’s a tax and therefore it is a tax. They have spoken. There’s no way around that.”

There…that should clear it up. Except that it doesn’t. Romney seems to take both sides. He agrees with the dissenting jurists who did not hold that the mandate is a tax. But he also concedes that the majority ruled that it is a tax. So Romney seems to be saying that he acknowledges the ruling of the majority, but that he doesn’t agree with them. Therefore, he acknowledges that the Court holds that the mandate is a tax, but he still thinks it’s a penalty.

That’s a convenient stance because it permits him to criticize the President for raising taxes while asserting that his own identical legislation was merely a penalty. Isn’t that special? And if he’s able to escape the hypocrisy inherent in that, then he is surely the reincarnation of Houdini.

What’s more, Romney also seems to be saying that once the Court has spoken, the matter is closed. Therefore, he must be conceding that ObamaCare is constitutional and that there’s no way around it. So he, and every other right-wing blowhard who insisted that the law not only violated the Constitution, but abolished the very notion of American liberty, were desperately wrong and are terrible interpreters of constitutionality. That’s not much of a recommendation for a prospective president.

Despite the disarray in the GOP, the Court was clear about the administration of the mandate. They did not say that it is a tax (no matter how much Romney and Fox News say they did). It’s not really that hard to grasp. Take it from Cletus, the Slack-Jawed Yokel:

Cletus on ObamaCare