Obama Campaign Ads No. 1: “Firms” and an Apology?
I’m going to see how this flies among you. You know I’m for the brother.
I’ve been watching Obama-friendly ads and video and chuckling over posters on Facebook, and I thought I would share them with you. Once in a while, I will use a Truth-o-Meter on them to see whether they do pass the accuracy test. However, with the Boston Globe telling the truth about how Mitt “Thurston Howell” Romney outsourced jobs while lying on his SEC forms—which are legal docs, mind you—about when he actually left his baby, Bain Capital, I don’t think it’s needed at this juncture. Romney is a serial liar, just like his former rivals Governor Rick Perry and Newt Gingrich said that he was.
Why does Mitt require an apology? Because of this and other anti-Romney ads running in the swing states which have done some severe damage to his rep in the swing states. Mitt’s saying that the is impugning his character when Obama spokespeople say things like this:
Stephanie Cutter, Obama’s deputy campaign manager, told reporters Thursday that either Romney was misrepresenting his position at Bain to the SEC “which is a felony, or he was misrepresenting his position at Bain to the American people to avoid responsibility for some of the consequences of his investments. And if that’s the case – if he was lying to American people — then that’s a real character and trust issue that the American people need to take very seriously.”
The Obama camp’s allegations came after the Boston Globe reported that Romney had remained as chief executive and chairman of Bain Capital until 2002, three years beyond the date he said he gave up control.
The Globe story cited documents filed by Bain Capital with the SEC which state that Romney was “sole stockholder, chairman of the board, chief executive officer, and president” as late as 2002.
One important reason why this timeline is important is because the outsourcing that the Obama camp references in the ads occurred between 1999 and 2002.
And another reason why Romney is on the defensive is that this new information may also have the domino effect on his vaunted participation in the Olympics. In order for him to have come in to save the Salt Lake City Winter Olympics of 2000 from corruption, Mitt Romney would have had to relinquish his businesses beforehand, as continuing his connection with them would have constituted a conflict of interest. However:
Romney will have to sever ties with any companies that do business with the games. Bain Capital has ownership stakes in many companies and Romney serves on various corporate boards.
If Romney does not say he was completely gone from Bain by Feb. 11, then he breached his Olympic contract.
It was also vitally important for him to protect his Olympic legacy, considering he was parachuted in to fight corruption in the organization. Bringing a scandal of his own would have put him in the record books right alongside the other fired officials.
EARLY BIRD UPDATE:
In the comments, we’ve been discussing the significance of this timing and what evidence is there that what the Romney campaign says about cutting ties with Bain is false.
In testimony before the state Ballot Law Commission on June 17, 2002“[Romney] succeeded in that three-year period in restoring confidence in the Olympic Games, closing that disastrous deficit and staging one of the most successful Olympic Games ever to occur on US soil,” said Peter L. Ebb from Ropes & Gray. (Romney’s lawyer)
“Now while all that was going on, very much in the public eye, what happened to his private and public ties to the Commonwealth of Massachusetts? And the answer is they continued unabated just as they had.”
No interviews with all three national news readers (CBS, ABC, NBC) is going to clear up all these questions as to when and where to Romney’s advantage. There is a distinct difference between being smeared and being exposed in your lies. Don’t even believe him when he says he doesn’t know where the hell his money is. If he doesn’t know, I’d sure would; my bank balance would be significantly enhanced if I knew where Ali Baba’s cave was, plus his passwords. But Mitt Romney dug himself into this hole, chest-thumping about his creating jobs, and about how he knows how to run a business. We don’t need a CEO as a president. The last time people yearned for a strong leader, Hitler came to power in Germany. We need a president, as indicated by the Constitution. No more and no less. Period.
- Bain, Bain Won’t Go Away For Romney Campaign (wnyc.org)
- Mitt Romney calls for Obama campaign apology (guardian.co.uk)
- What was Romney’s role at Bain during outsourcing? – CBS News (cbsnews.com)
- Mitt Romney Responsible for Bain Lay-Offs and Bankruptcies – New Questions about His Bain Departure Date (aquariuschannelings.com)
- 35 Questions Mitt Romney Must Answer About Bain Capital Before The Issue Can Go Away (tjwalker.com)
- Obama Campaign Says Mitt Romney Is Either A Crook Or A Liar (swampland.time.com)
- Ed Gillespie: Mitt Romney ‘Retired Retroactively’ From Bain Capital (VIDEO) (huffingtonpost.com)
- Cutter: Romney is ‘not going to get apology’ (thehill.com)