Despite his protestations, Mitt Romney is "legally responsible" for what Bain Capital did between 1999 and 2002, former SEC Commissioner Roberta Karmel said on Thursday's The Last Word.
"Generally, when a businessman is the chairman, CEO, and, in this case, sole stockholder, he's accountable for the business and affairs of that company," said Karmel, who is currently a professor at Brooklyn Law School. "And even if he's not making day-to-day decisions or managing the investments of a company like this—which was a venture capital company—he's still legally responsible, and should be accountable, for the business and affairs of that company."
Earlier that day, the Boston Globe reported on SEC filings showing that Mitt Romney had remained the president, CEO, and sole stockholder of Bain Capital for three years after he ostensibly left the company in 1999. Romney has repeatedly claimed that he had nothing to do with decisions that company made during his absence.
"Unfortunately, too many business execs have tried to exculpate themselves from that kind of accountability," said Karmel.
Stephanie Cutter, a spokesperson for the Obama campaign, suggested that Romney was either misleading voters now or had misled the SEC when he claimed to still be in charge of Bain. The latter, she noted, "is a felony." The Romney campaign demanded an apology for that remark from Obama 2012, but spokesperson Ben LaBolt made it clear that none would be forthcoming.
Karmel said if Romney misled the SEC, it would be a serious matter.
"If information in those documents is false or misleading, there are serious consequences," she said. "There can be civil cases brought by the SEC. And depending on the facts and circumstances, if there's a false filing with the SEC, there can even be a criminal prosecution. I'm not saying Mitt Romney should be criminally prosecuted, but that is a potential consequence of a false filing."
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"Unfortunately, too many business execs have tried to exculpate themselves from that kind of accountability," said Karmel.
Who were they and what happened to them? Were they held accountable?
Short answer: Probably almost all of them and NO.
good chance willie wont be held accountable criminally.
he's got some nerve but not a surprise a lowly middle class or low income, less fortunate, "uneducated" minority would be held accountable & not the high class, educated fools.
AHH, AMERICA THE BEAUTIFUL.
Does anybody notice a Republican trend here? Dick Cheney was still making profits from Halliburton. Getting paid and holding stock options while receiving a paycheck from the United States as VP.
Watch and see. If the SEC takes any action here against Romney and or Bain Capital (which the SEC should against both for misleading the SEC and the IRS for taxable income), the Republicans will cry about Big Government. Same thing they are doing now because of consumers advocates coming down on Wall Street and the banking industry in general.
I appreciate this story....
The Democrats need to keep this story on the front page until election day. Romney must have some stupid advisors. Before going to the NAACP to speak I would have advised him to join the NAACP. Also I would have told him not to use the term Obamacare. He should have said, "I will repeal Romneycare which whould be the real name for the Affordable Health Care. Instead of saying "If you knew what is in my heart", he should have said, "This is in my heart........" and the proceed what is in his heart. I can guess what is in heart about black people. I could go on and list at least a dozen more items that he could have said better, but this is enough for now.
Hey GaryColumbus did you know that Hallibutron has continued to receive huge increases in government contracts even after Cheney left this White House. Look it up you will find that there was favoritism (like what is going on with the green jobs BS) Halliburton was and is still the only company that can preform those government requirements.
Mitt has conducted himself with in the confines of the laws placed forth by the government. What is should be saying is that he did a damn good job with Bain and that he would never turn any one of his companies over to President Obama because the President has prooven that he can't do anything except run what ever he touches into the ground.
Two very reputable publications, The Washington Post and Fortune Magazine have called these flimsey accusations baseless, and the leading source of the partisan accusers is a dottering old seemingly pre-Alzheimers Democrat hired functionary with a history of being a Democrat Party fundraiser.
The fact of the matter is that Ms. Karmell doesn't know what she is talking about when she said that the documentations filed in 1999 thru 2001 showed Romney's name as the sole owner of stock in Bain Capital. Only Bain, Inc., which was the structured manegment vehicle for the payment of salaries and bills to Bain Capital's employees and consultants and suppliers was 100% owned by Romney, and that after Romney left within 9 days in February, 1999 from his active management role with Bain Capital, this management vehicle was succeeded by the structure Bain, LLC comprised of Bain Capital's surviving partners and other active management. Too, documents were always contemporarily filed with Bain Capitals SEC investments documentations that listed Romney's role as a PASSIVE investor only in Bain Capital after his departure date in Feb, 1999. Any other documentation that Ms. Karmel remembers with her clouded memory from 13 years ago that had Romney's name as CEO were necessary functionary filings as Bain Capital's new managing partners worked through the intricate and detailed process of unwinding the former active investment status of Romney's management with the private equity firm. And this has all been available information for years, and heavily researched and the issues never raised by the Boston Globe when Romney ran for the Senate against Ted Kennedy and ran for, was elected, and served as Governor of Massachusetts.
To believe that the case is otherwise would mean that you believe Romney's attorneys would have given him advice that he should falsify documentation supplied to not only the SEC, but the IRS, and the State of Massachusetts and National Election Commissions, all leading to sure felony charges if that were so.
The political hacks like Larry O'Donnell of MSNBC and David Corn of Mother Jones, Democrat Party and Obama supporters as is widely known, and the cub reporter at the Boston Globe that went with this story (and has been since been branded with the "liar, liar, pants on fire" award by factcheck.org) and beating this hollow drum have no evidence of any wrongdoing on Romney's part to justify their innenuendos other than to state the documentation and facts of the matter are all very "Murkey". To their muddled and highly partisan minds, perhaps, as that is what occurs when you foolishly stir the pot up looking to make mud to throw. It's all nonsense meant to distract from the awful state of the nations economy, and the problems the polls are showing that the American voter is stating they trust Romney over Obama on issues of the economy by a 2 to 1 margin.
You can always use Edgar and go through SEC filings yourself.
3 years for ownership transfer and management takeover? New management was very trusting and generous? Highly unlikely!
I can still pull up all the old SEC fileings via edgar from 99, and others can too, so it does not require any memory.
Factchecker has lost all credibility in this regard. In a civil case it is not guilt beyound a reasonable doubt. Romney is listed as sole shareholder, CEO, Chairman of the Board, and President, and he was paid during this time for management services in addition to investment income.
Legally he was active even if he was inactive as a matter of functionality!
If someone without Romneys wealth and a political newcomer were to do this, he or she would be prosecuted as an example.
My thinking is if the Romney campaign keeps making these denials, then it should be prosecuted, and then under the court system we can all know the truth! If Romney is that confident, (he wants to play Gary Hart) then he should invite a legal investigation into the matter.
If he has nothing to worry about, it will drive the point home, if not well he goes to jail!
easily solved. RELEASE MORE THAN ONE TAX RETURN! RELEASE YOUR TAX INFO FROM THOSE YEARS!
Obama & HIS OWN FATHER, without hesitation, submitted 12 a piece.
etcha sketch's OWN FATHER said "1 year could be a fluke, perhaps for show".
SURELY HE'D WANT HIS SON TO LEAD BY EXAMPLE!
Grandpa!!!
Fortune is a reputable publication? You didn't think so when they ran the story on the fraud Darrell Issa is perpetuating with the Fast and Furious scandal.
You need to tell those voices you listen to to get their stories straight...
He's dissed the WaPo similarly in the past as well folks. Consistency is the hobgoblin of his small mind.
Which party do these Reputable publications support? These two very reputable publications are calling a current Law Professor "a dottering old seemingly pre-Alzheimer's Democrat" not very professional as this could result in a liable case.
What your reputable publications fail to mention is that no one is denying that no one from Romney campaign denied the Securities and Exchange Commission Documents showing Romney as “sole stockholder, chairman of the board, chief executive officer, and president.” This makes Romney legally and morally responsible for any and all actions taken by Bain.
in addition from the Globe article: "Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least
$100,000 as a Bain “executive” in 2001 and 2002, separate from investment
earnings.
In 2002 during hearings to determine Romney's eligibility to be Governor of Massachusetts, the Commission, as part of its ruling in favor of Romney’s residency eligibility, the panel noted Romney testified to the commission he traveled to Massachusetts where he sat on the board of one notable Bain-related company, the office supply chain, Staples. Romney “testified that he was a director of Staples, Marriott International and Life Like,” the commission’s finding states.
So when did he resign as director of Staples, Marriott International and LifeLike all three Bain related companies?
When he left the Governors office he had all his e-mails deleted and hard drives removed, where there communications and directives between him and Bain Capital in those e-mails or on those hard drive?
This is a man who claims to be an astute businessman and yet he wants us to believe that he left himself wide open to legal consequences if Bain was sued or had failed to comply with SEC rules and regulations .
K Longey...you hit the nail on the head, even caught something on CNN where they interviewed some current Bain top management people, 2 of which are Democrats, and they said the same thing you are saying...MSNBC and scumbag O'Donnell are just trying to boost his piss poor ratings..O'Donnell needs to ride off in the sunset along with Olbermann.
CNN and FactChecker both took the approach that there is no evidence to show that Romney had an active role in running Bain. (I haven't read the other two, so can't comment on those.) John King had one source from Bain willing to go on the record, two who wanted to remain anonymous, and all said Romney was not making decisions during those years after 1999.
Both articles miss the point: it really doesn't matter if Romney had an active role in decisions or not. The point is he filed paperwork with the SEC as the sole owner, president, CEO. This makes him legally responsible and certainly accountable for what the company did. It can't be both ways. He can't take all the credit and none of the blame.
This is just another detract and deflect tactic. Please notice, however, that no one seems to be denying the SEC paperwork was filed for years after 1999 listing Romney as the man in charge
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"The requirement under the Securities Exchange Act is contained in § 240.13d-101 Schedule 13D—Information to be included in statements filed pursuant to §240.13d–1(a) and amendments thereto filed pursuant to §240.13d–2(a).
What that section says is: "If the statement is filed by a corporation or if a person referred to in (i), (ii), (iii) or (iv) of this Instruction is a corporation, the information called for by the above mentioned items shall be given with respect to (a) each executive officer and director of such corporation; (b) each person controlling such corporation; and (c) each executive officer and director of any corporation or other person ultimately in control of such corporation."
The requirement was that Bain tell the SEC who was the person "ULTIMATELY IN CONTROL". "
How are we to reconcile the SEC documents indicating "ultimately in control" with Mitt's footnote on last month's public financial disclosure form:
“Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.”
You use so much time to write such a incredibly long comment. You must be one of the Romney's campaign staff.
“Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.”
That is not what Romney said when declaring his legal residency in Massachusetts in order to run as Governor? in 2002. Since he was evidently a resident of Utah during that time. He claimed (under sworn testimony) that he returned from time to time to attend board meetings etc. at Bain Capital. I read one source where he claimed he resided in his son's basement when he returned for these meetings (and do not know if this is true) He most probably will be able to worm out of that claim as well. Having enough income for lawyers always helps when skirting laws and regulations. Evidently the buying up of hundreds of Mom/Pop textile companies and running them into the ground is technically legal as well. While our tax dollars picked up the tab for some of the pension fund the employees lost during the bankruptcy of Storage Stores.The middle/working class does not have a prayer against the moneyed influence and it not more blatant than today. The majority Republican states since 2010 have systematically and without hesitation passed legislation to eliminate bargaining rights in the work force and disenfranchise voters of the working class. Even when they fought back in Wisconsin, the campaign funds for Walker out did those for the Democratic candidate 7 to 1. In Michigan, hundreds of thousands of signature were collected to be declared unusable because of the font size. When you have a party that will use every dirty trick in the book to win...it is very effective in stymieing the opposition that has trouble thinking that way and are constantly blindsided.
Wow...you're even better at making excuses than Romney is! LOL...anyway, Gov. Walker was financed by the same guys that support Romney, so it's really no surprise Walker received more money for his recall fight. After looting the U.S Treasury for the last 10 years, and bilking any consumer/citizen along the way, the Teapublicans have TONS more $$$ than any possible opposition. And as far as popularity polls, well, we will certainly find out this November, won't we? I'm guessing that you're fairly well-off, because the only people supporting Romney blindly are the 1%, the racists, the religious extremists and the completely oblivious.
I say this should be prosecuted. Prosecution sends the signal that trying to walk the grey line of legality is not acceptible.
I certainly agree, and that Ms. Cutter, the Obama campaign spokesperson who claimed today the Romney had committed felonies in light of this errant interpretation by Ms. Karmel, and that wet behind the ears cub reported from the Boston Globe should be prosecuted in a civil action by Mitt Romney for slandar and degradation of character.
Good, so the Romney campaign agrees to have this matter legally investigated and prosecuted?
Prosecuted for what? it was shown he did nothing wrong or illegal and there is authoritative proof from the current Bain group that came out and stated that Romney had left the company and had no involvement in any way shape or form. Oh and surprise these people are all democrats and 2 are working on Barry's campaign.
Really sux when facts kick you in the cajones doe'snt. Amazing what people think they can get away with on this bush league site for a bush league show.
As opposed to that unbiased "Major League" news outlet Fox?
Romney's problems will not go away. The problems will continue to be on the front pages of newspapers until the presidential election and that is a good thing for the Democrats. Every time they react they call attention to it. Any college course in group method teaches that the best way to deal with the accusation is not to respond. Gingrich knew this well. He would say, "Why are you asking me .......?" Often in my job I said, "Why are you asking that question?"
I am one American who is extremely tired of the ultra rich corporate execs behaving badly and getting away with it. I only have one vote but it won't be cast for this crook.
GA Girl...you need to get a perspective on things. Taylor Swift and Justin Bieber each made to $57 million and $55 milliondollars in income just last year, in one year alone. Their take, as pre-21 yr olds in our society in one year together came more than half of what the Romney's have in their Blind Trust after 25 years of work as founder and CEO of Bain Capital by Romney. But of course, I doubt that either of those heart throb singers gave away the number of hard earned dollars to charitable enterprises or supported their church as did Mitt and Ann Romney, so that explains why they only have $220 million in their Blind Trusts.
The Romney's "charitable" donations were largely to the LDS Church...
Said church just spent more in the last few years on two upscale shopping malls here (demolishing two they'd purchased that were built in the 1970's and still structurally sound) than they had spent on charitable enterprises in the last 25 years. The figure on LDS largesse is estimated to be around seven tenths of one percent of gross income during that time (as compared with the Methodists at 29%).
The Romney campaign is not going to like these...
http://andrewsullivan.thedailybeast.com/2012/07/capitalism-as-a-religion.html
http://www.businessweek.com/articles/2012-07-10/how-the-mormons-make-money#p1
And Grandpa, Taylor Swift is over 21, and Justin Bieber is Canadian... And their income had what to do with the Romneys? My take is they made it honestly and not by shipping middle class and manufacturing jobs overseas... Plus they provide leitimate income for those associated with their enterprises, and I'm guessing those folks earn more than minimum wage.
BTW, I'll get back to that crapola you posted on global warming at some point when I can stop laughing at how you don't know the difference between chemistry and physics. Same with not knowing what an Internet "cookie" is... Thing is, I was yanking your chain with that "cell phones oxygenate your brain" claim, knowing you weren't sophisticated enough to realize it. Shouldn't tease the inmates at the asylum, but you always claimed you weren't like them when you were "in charge."
In the meantime, the aliens that infiltrated Google have migrated to public computers, so you better wear latex gloves when you're posting and get the circuits on your helmet checked to make sure the latest anti-virus firewall is installed.
In the Mormon Religion you must give a tithing of 10% of your income. These monies are used within the Mormon Community helping Mormons.
Keith: Actually, Justin and Taylor both give quite a bit to charities.
Bieber and Swift are NOT running to be President of the United States Why would a Man who is literally worth BILLIONS want to obtain a job that Pays only about 400 thousand dollars? I say he wants the Power of the office to further line his own pockets and the pockets of those like him. Well thanks but no thanks the crook won't get any help from me while pushing the middle class into poverty.
Billions? Hardly, Ga girl. Again, you are totally lacking in any kind of reality perception, so you really should not be posting as that just displays your ignorance here. Spend your time getting educated, then bother your little peach scented coifed head with big peoples topics after having accomplished that.
But I don't think Romney's motives of seeking the Presidency as the Republican candidate are any different than that of people like Franklin Delano Rooseveldt, John Kennedy, and John Kerry, all three Decomocrat Party candidates and all three individuals who were much richer than Mitt Romney, but didn't work very hard at all to obtain their fortunes. Sometimes one just gets the calling.
Oh So know you know how much Romney is actually worth HUH! Well how about releasing the damn tax forms so we can confirm that. Here is the difference between those candidates and Mitt: they actually Understand the Life experiences of ordinary people. This is not something you can fake and ordinary folks can detect it if you try. Stop drinking the tea for a minute and actually think for yourself or better just sit back and believe the lies and while the rest of the American people quietly go into that voting booth and vote for someone else. The fact remain that he seems to believe that there are rules and standards that apply ONLY to HIM and THOSE like HIMSELF and the American people see it for what it is UNFAIR.
A lot of Tea Drinkers will hold their noses and pull the lever for Romney in November along with a good number of Republicans, Indpendents, and even some formerly working class Democrats (they've been out of work so long under this administration that it's difficult to call them working class now). The votes will be AGAINST returning the JIVE TALKING Barrack Obama to Washinton, DC and giving him a one way ticket back to Chicago, Ga Girl!
Go ahead and back your Mega rich looser but keep in mind that no matter how much money he raises from his mega rich friends at the end o the day an ordinary American will be pulling the lever and they know he is HIDING something he doesn't them to know and what they Do know of him they don't like. If you think only old white men will get him elected I got some news for you: Your millions would be better spent trying to keep some of your tea bagger congress men in office because once President Obama returns they can kiss their seats good by. Why just yesterday my husband met one of them in line at the hardware store and even HE thinks Romney is bought and paid for by the Millionaires and beholden to the LOON fringe of his own party. His exact words were " Their millions won't buy MY vote that's for damn sure!" That's a quote from one of your own! Enjoy your tea but I' m partial to a tall cool class of lemonade myself!
Try mixing half iced tea, half lemonade over some ice cuges with a wedge for a tall, cool summer drink, Ga Girl. LOL!
And I don't remember saying anything about the buying of MY vote....but i say a lot, so I can't be expected to keep track of everything I might have uttered, can I? LOL!
Actually, I was going to hold out until after the conventions to see if Ron Paul might mount a campaign with some other party support, but with the impending problems of our economy sinking into a double dip recession (while I am securely retired, I have children and a duaghter in law working in this country still), and the rapidly approaching ominous fscal cliff also approaching, and I am dismayed that istead of dealing with that our President has instead pursued his campaigns scurrious baseless attacks on the actions or inactions of George Romney 13 years ago as he removed himself from the CEO and active management of the very successful private equity firm Bain Capital to save the Olympics, and run for Governor of the great state of Masschusetts, where I lived worked at the time of his successful years as Governor. So I went onto Romney's website and gave him a his campaign a donation, and joined the Veterans for Romney wing of his campaign.
But, other than that, how is your peach crop coming along, GA Girl! Looking forward to seeing those ripe, delicious Georgia peaches appearing at my local vegetable and fruit stand up here in Connecticut.
Ron Paul for all his "outsider" rhetoric will fall in line with the establishment but I have to say I DO have some respect for his loyal followers. THEY as least do have some principles and are willing to give the establishment T-publicans the middle finger from time to time.
Peaches should be getting enough rain this year personally I am more partial to the peanuts, Vidalia Onions and Pecans myself. I usually send shipments to folks I like up north.
Oh yeah Don't like tea with my lemonade if you asked me it's the tea that needs the lemons to be worth anything.
I respect people who have strong will power such as Ron Paul even though I disagree with him. That is why the Republicans could be more sucessful if they nominate Santorum.
At least Santorum has principles that have followed him through out his career but with Mitt is as Huntsman said," A perfectly oiled weather vane" but he does represent the controlling interest in the T publican party the Mega rich forks. They just keep the Radical, fanatical fringe around to rebel rouse while keeping them blissfully ignorant of reality.
It was Romney that devastated Santorum in one debate (South Carolina?) saying Santorums excuse for folding on his priniciples on more than one vote in the Senate for the supposed reason that "he took one for the team...to be a team player" showed he did not have the courage of convictions. Santorum almost single handledly gave the Democrat's ridiculous "Republican War on Women" campaign some much need traction for a few weeks or so, GA Girl.
I'm a big fan of your peanuts, mostly by way of Peanut Butter, right near the top of my good group and grocery shopping list. However, when I was an employee of the Department of Veteran's affairs and struggling with the rampant inflation of the disasterous Jimmie Carter years in his time in the White House, I really didn't like working for peanuts. Got family in neigboring Alabama, and they rightously send up their pecans in lots of variety of preparations for my nut snacking pleasure!
Didn't say I like Santorum just said he was consistently principled now granted they are wrong headed and rooted in bat @!$%# crazy but at least he as some which is WAY more then anyone can say bout MITTENS.
Well I know that you guys are certainly the expert on NUTS! I mean really between the birthers and the T-Klux Klan you practically originated the very idea of nutterism! Don't you guys even have private squirrel nut training academies or something? So don't worry I am sure your survivalist squirrel nut cousins have more then enough to keep you supplied.
Come on now, when Mitt Romney said he "left" Bain in 2009, he probably just meant that he "left" the State where Bain was and went to Utah to work for the Olympics, not that he "left" the company. If you look at the word "left" in the dictionary, he may have meant he followed his "left" hand. He could have meant that he was "left" wing from a political standpoint. He probably didn't mean "left" as meaning "leave". When Mitt says something, you can't just assume that he means what he says. You really need to look at the dictionary to determine all the possible definitions or interpretations of what he might have meant and make sure you pick the one that muddies the waters enough to assure that Mitt didn't mean what he said, and therefore, could not possibly have lied.
You know, like when Mitt said that he "saw" his dad march with Martin Luther King Jr. He really didn't mean he "saw" this as in seeing with his eyes, rather that it was a "figure of speech". Figure of speech about...? Hmmm, what did he mean when he "saw"; was it something he saw like a vision, was it something he saw in a dream, or was it something Mitt's dad and Martin Luther King Jr. were doing to a tree? You know, like when George Washington chopped down the cherry tree. Perhaps they used a "saw" to cut down a cherry tree and what Mitt meant was that he cannot tell a lie, my dad did "saw" down a cherry tree with Martin Luther King Jr.
Not sure what Mitt really meant about "left" or "saw", but I am sure that the dictionary can explain what he meant. It appears that what he means when someone questions the truth of his statements is that he swears on the dictionary, or at least the definitions therein, that he is telling the truth, though most people would swear on the Bible.
It would appear that whenever Mitt Romney is caught in a lie, he merely needs to turn to the dictionary to explain what he meant or didn't mean. And like the definitions in the dictionary change over the years, so too does Mitt Romney on such minor issues as abortion, health care, job outsourcing, gay rights, and on and on. So, don't assume that what he means when he says something is what it means in the dictionary today. You really need to find out what the definitions in the dictionary were at the time that he said something that he didn't mean.
WOW, are you confused? Me too! Wouldn't it be so much easier just to tell the truth!!!
utah ranks #1 in the country for porn downloaded from google.
irrelevant but funny.
That is because our friend the Cab Driver lives there, no doubt.
I don't download it; I only do the occasional drive by...
And please don't think I'm your friend. I'm your conscience...
Romney is using the Ken Lay (Enron) defense. I was Ceo but I knew nothing and am not responsible for anything.
I may have signed off that I was Ceo, and yes, I may be listed as the sole shareholder, and yes I may have been paid as an executive, but I did nothing and had no involvement.
Does Romney believe that a Jury of his peers would buy that bull.
By peers I mean people who have worked in the finance sector? Or have been Ceo's of public companies?
If so maybe he is not guilty by reason of mental incompetence!
now stop that. we all have put our money in blind trusts in different countries around the world with not a clue as to how much, where, & what's being done with it.
dont act like you've never done it. ;)
That's correct. I have a small (relatively) investment in the Permanent Portfolio Fund of Szn Antonio Texas that along with US and International Growth and Income Stocks and US Bonds holds Precious Metal Mining Company Stocks and Gold Bullion of various countries' mintings anbd, believe it or not, Swiss Franks.
Nobody seemed to mention the conflict of interest. If you buy an American company that makes home appliances, load them with debt, pull out HUGE profits virtually overnight, then drive them into bankruptcy leaving American tax payers holding the bag for shattered pensions...then have those appliances made in China by a Chinese company you financed and are the majority stock holder of...how is that not a nearly criminal conflict of interest? If not criminal surely morally.
I seem to remember an appliance company destroyed by Bain in the Gingrich "King of Bain" spot. Has anyone checked to see if there was overlap? Did the Chinese company Romney was majority owner of suddenly have US manufacturing methods? Possibly proprietary product designs or IP that a suddenly insolvent company could not defend?
Again...this looks an awful lot like double dipping of the worst kind to me.
What a bunch if economic illiterate losers you Romney haters are! No wonder our nations economy is in the shape it is.
Our economy is in the shape it is because people like you voted for Bush...based on your powerhouse intellectual comment I would guess twice.
George Bush...8 years of leading this nation thru the ravages of the Dot.com go go Clinton years boom and bust, the burdens of the War on Terrorism that resulted, and the Housing Bubble bursting and finacial system shock that ended with the TARP program put into place (under the Bush Administraion, not the Obama Administration as blowhard VP Joe Biden tried to claim before the NAACP convention yesterday) to stablilize our's and therefore the world's financial systems before an average unemployment rate of Political machine and Nationalist Socislist School of Economic thinking. And the average per year unemployment rate during the Bush Administration's 8 years was 5.6%, the very same as Clinton's 8 years. In Obama's going on 4 years, its over 8.5% and once again would be rising if so many haven't just dropped out o the labor force in dismay at the lack or job opportunities.
When Clinton left office there was a 250+ billion surplus, the economy was firing on all cylinders, and Unemployment was under 5%. When Bush left office the deficit was 1.3 trillion, Bin Laden and his group were riding high, the market was at 777, unemployment was over 8.5% and we were shedding jobs at over 450,000 a MONTH.
Under Obama 26 months straight of private sector job growth, the market is near 13,000, we have finally made some strides towards better healthcare, Bin Laden has a bullet hole where his eyeball used to be. All this despite a house that has openly blocked his every move with time wasting votes on the dumbest crap and a record number of filibusters.
Most importantly I got to stop being embarrassed as a Texan that we foisted Bush on an unsuspecting nation. Even the GOP admits Bush was a disaster and is doing everything possible to distance themselves from him.
Anyone who thinks increasing corporate welfare and tax breaks for "job creators" simply is not using common sense. You build strong countries from the bottom up and the middle out, not the top down. All that common sense and simple math aside, I can watch Romney speak and answer questions (his version of answering questions anyway)...just look him in the eye and tell the man is flat out a liar. He will say anything to anyone as needed.
America's place in the world as the foremost capatalist economy was based on the influx of capital from all over the world and cheap immigrant labor. We have now become a nation of consumers, with much of our former capital and manufacturing base gone overseas to the developing nations. The way out of our predicment is not the bubbles of the dot.con years and inflated financial assets as under the Clinton Administration, nor the housing bubble with massive derivitave plays and leverage by our global financial power houses, nor the Bond bubble and attempts to goose the public sectors' employments in national, state, and municipalities with borrowed Chinese, Japanese, and British funds primarily. What we need is to reset the clock on the loss of our manufacturing base by stopping the loss of intellectual property and stopping the manipulation of the Yuan that China especially utilized to transform itself in just 15 years sincer Clinton provided them with Most Favored Nation Status.
And, I really doubt that Osama Bin Lauden and Al Quieda were 'riding high", they were hiding out ever since the invasion of Afghanistan by US and allied troops in 2002, and the forces of freedom that became the Ahrab Spring in Obama's 1st Term of office came out of the defeat of Hussien's Military Dictatorship and its vestiges in Iraq accomplished under George Bush, as a Parlimenatry Democracy has been established there, as in several other Ahrab nations, auguring well for the future.
As to that 26 months of growth, that was pretty much accomplished without Obama's help, and has come to a virtual standstill in the past quarter. And of you believe that huey that the Obama Administration has created 4.4 million jobs, I've got a Bridge in Brooklyn to sell you. There are millions more people not working or participating in the Labor Force to full capability under this Administration's policies than were at the end of 2008. We are squandering our opportuniy to develop a full comprehensive energy program relying on our resources rather than the Middle East under this President whose EPA fights fossile fuels exploration and production tooth and nail.
Get the picture now, BoxTop?
I thought I had read where we are producing/drilling oil like never before ..to the point it is being exported and we have a surplus. Once again...placing all our hopes for the future for fossil fuel exploration when the future is renewable energy. We have wasted thirty years delaying this development and research and could today have been leaders in the field. The moneyed influence of the fossil fuel industry prevented it and we continue to buy it. President Obama promotes it...which of course will be blocked by every Republican in lock step. Solyndra is chump change in comparison to our taxes used to subsidize the fossil fuel and the nuclear industry..that apparently still demand, though doing quite well without it. Fear tactics abound from the conservative right wing...It is not a party I would be proud to call my own. Unfortunately, it most likely will be the party that wins and wins and wins. And will lose the war. This country will not survive without a healthy middle class.
Virginia...our coal production is down big time due to the assault of the EPA on utilities using our cheapest and must abudant fuel for electricity production. Kiss goodby for any hope of appealing for votes for Obama in West Virginia, Kentucky, North Carolina, and Wyoming.
The increase in oil production is on state and privately owned lands, and is up there due to new technologies for recovery of old fields...the Federal Government under Obama has delayed and denied exploration and production on countless acres of Federal lands, or in the offshore areas under their control that amounts to a 15% overall decrease in production of oil from those sources from the Bush years. And the oil is being marketed overseas because our aging pipeline distribution systems and refineries (hasn't been a new refinery built in over 30 years) can't access it economically. Hence, the price of gasoline up from $1.80 in George Bushes last year in office to the over $4.00 a gallon it hit earlier this year, and avg of $3.50 now, and rising once again.
Thank you for this program about Governor Romney’s lies and in general for always calling a liar a liar and a lie a lie. I mostly see you on line the morning after your program.
Seems to me that for this mega rich person and an elder in the LDS church, truth is a construction. Because he feel justified and righteous in his cause – also tied to LDS and money, the fabrication of whatever is he needs to say and says is “true” because he believes it. This fabricated “truth” is arguably the only thing the financial class has made. So Romney really does believe it. For him, believing, saying and repeating something makes it so. It’s a closed system.
Or… maybe he’s just a cynical mega-rich f**k who believes in his own infallibility and the god given righteousness of his ability to buy just about anything.
Either way, every time Romney lies / says what he believes, I believe him. He just believes.
Here are the lyrics for the song “I Believe” from the Broadway musical The Book of Mormon. Music and lyrics by Trey Parker, Robert Lopez, Matt Stone. None of the beliefs are made up by the writers.
Ever since I was a child, I tried to be the best...
So what happened?
My family and friends all said I was blessed...
So what happened?
It was supposed to be all so exciting, to be teaching of Christ 'cross the sea
But I allowed my faith to be shaken – oh, what's the matter with me?
I've always longed to help the needy, to do the things I never dared
This was the time for me to step up, so then why was I so scared?
A warlord who shoots people in the face – what's so scary about that?
I must trust that my Lord is mightier and always has my back
Now I must be completely devout; I can't have even one shred of doubt!
I believe that the Lord God created the universe
I believe that he sent his only son to die for my sins
And I believe that ancient Jews built boats and sailed to America
I am a Mormon!
And a Mormon just believes
You cannot just believe part-way, you have to believe in it all
My problem was doubting the Lord's will, instead of standing tall
I can't allow myself to have any doubt, it's time to set my worries free
Time to show the world what Elder Price is about, and share the power inside of me!
I believe that God has a plan for all of us
I believe that plan involves me getting my own planet
And I believe that the current President of the Church, Thomas Monson, speaks directly to God
I am a Mormon!
And, dang it, a Mormon just believes! (A Mormon just believes!)
I know that I must go and do the things my God commands (Things my God commands!)
I realize now why he sent me here!
If you ask the Lord in faith, he will always answer you
Just believe in him and have no fear
I believe that Satan has a hold of you
I believe that the Lord God has sent me here!
And I believe that in 1978 God changed his mind about black people! (Black people!)
You can be a Mormon!
A Mormon who just believes...
And now I can feel the excitement: this is the moment I was born to do
And I feel so incredible to be sharing my faith with you
The scriptures say that if you ask in faith, if you ask God himself, you'll know
But you must ask him without any doubt, and let your spirit grow! (Let your spirit grow!)
I believe that God lives on a planet called Kolob!
I believe that Jesus has his own planet as well
And I believe that the Garden of Eden was in Jackson County, Missouri
If you believe, the Lord will reveal it
And you'll know it's all true – you'll just feel it
You'll be a Mormon!
And, by gosh, a Mormon just belieeeeves!!! (A Mormon just believes)
(Just believe, a Mormon just believes)
Oh, I believe! (Just believe, a Mormon just...)
I believe! (...believes!)
Another liberal bigot heard from!
Perhaps ..but certainly no where near as bad as the "stuff" out there about President Obama. And it does have a kernel of truth to it. The Mormon teachings, at one time believed that Negroes bore the mark of Cain (down to their skin color, hair texture and nose shape) would carry this Satan seed into each generation and could not receive absolution until all others had received it (most likely the Mormons at the head of the line). They denounced it when threatened with non-tax status by the government (also polygamy). How convenient.
TOo many IF's here. IF he really left then why did his name still remain on the SEC filings for THREE YEARS?
I can understand his name remaining on the filings the year he left but the next two years as well? Come on.
Also, I agree with the lady from the SEC in that they would want to keep is name on the filings to mislead investors into thinking the company was still being run by Mitt, whom people thought was a good venture capitalists (I.E. knew how to make investors money).
Think about this fact, if you were an investor and heard Stables was being taken over you might be more incline to invest in Stables knowing Mitt was in charge of the takeover rather than if he was not.
Trump did the same thing and got caught. People invested in many towers with Trump's name on it thinking they were investing in something Trump was behind. But when the towers went under, many people found out that Trump merely rented his name out to the towers and he did not actually have anything to do with the operation.
So maybe Bain and Mitt were trying to mislead investors into thinking Mitt was still running everything so they could make more money. But that too would be extremely bad and damaging to Mitt.
On the other hand, Mitt owned 100 PERCENT of Bain. You really think someone as paranoid as Mitt HAD nothing to do with the operation of a company he owned entirely? You cannot be that dense. This is a guy that purchased all of the government computers before leaving office in Mass.
Anyway you tried to cut it, Mitt lied somewhere to someone. Either they lied or mislead the SEC or the American people or the investors that invested in Bain thinking Mitt was still the brains behind everything, which now they claim he was not.
Also, if Mitt wants to take credit for Stables even though he was gone by the time Stables was turned around then he must also take blame for companies at issue during the same time. He cannot have it both ways.
But the mere fact that we are having to split so many hairs here tells me that where there is smoke there is fire.
Staples*
Again, you don't know what you are talking about, obviously.
1) The SEC has no problem with Romney's filings and there were contempory filings that Romeny was just a passive investor, and the potential investors in the companies in question that Bain was taking on as turnaround propositions all received the standard prospectus that specified Mitt Romney was not in active control of these investments, and that he was a passive investor only.
2) Bain Capital was not wholy owned by Mitt Romney. He did have 100% ownership of the rwelated structured vehicle for paying salaries, and reimbursing consultants and vendors, Bain, Inc. And after Romney left Bain in Feb 1999 within 9 days of announcing that he was undertaking the the rescue operations of our nation's Winter Olympics in Utah, the surviving management partners of Bain Capital formed the replacement separate structured vehicle Bain, LLC. to perform those functions.
3) The IRS has never found a problem with Romney's tax returns and even the Boston Globe investigated this nonsense prior when Romney was running or the Senate against Ted Kennedy, and running for Governor, getting elected Governor, and serving as Governor and didn't find any problem. Do you think now that the stakes are higher for this liberal rag maybe they are now singing a different partisan attack tune? Duhhhhh!
That's three strikes, nola.legal. You're OUT! Next batter!
Except for one thing. You may be a very sophisticated and well read fellow...and have no problem with a person being the President/sole owner and stock holder of a company. That it be perfectly legal to deny any responsibility for its actions...most ordinary folks find it a bit dishonest. They are quite sure..they would be held responsible for a lot less. Ordinary people don't like that. Here is a perfect opportunity for Romney to prove his mettle as Obama hammers away at the Bain capital venture. Stand up and take responsibility, release the tax records and get on with the campaign. His posturing alone has convinced me he is not presidential material. I find this type of campaigning somewhat beneath President Obama. After watching a few media outlets with the conservatives carrying on about the pettiness and snide aspects of theses tactics and that it is time to campaign on issues, it appears to be working. Never hurts to use the same ammunition of your opponent.
The candidate or Hope and Change in 2008 became the candidate of Distract and Blame ij 2012 Virginia. And that will do more to hurt Obama's turnout in 2012 over this nonsense campaign of inquiry into Romney's status with Bain Capital 10 years to 13 years ago for a 30 month period when he was on a leave of absence saving the Winter Olympics, for which he had previously received much honor and thanks from the American people.
You see the problem of Mr. Obama is he was simply elected as a JIVE candidate that the media fell in love with, and while the people suspected he did not have the background to do the job, they were filled with the visions of HOPE and CHANGE they were shown nightly on their TV screens. Now they know he does not have the capacity to do the job they elected him to, and they are done with the vision thing, and ready to go on to performance credentials, and what they will be looking for is a turnaround specialist businessman when they close the curtain before casting their votes.
Good stuff. Way to go David Corn, again! O'Donnell just keeps gettin' better and he has a natural humor, he's got the dead pan down pat. O'Donnell's the man. Krystal's Ball is sinking.....glug, glug, glug. .
I have heard alot about the political and legal ramifications about Mitt Romney's role at Bain Capital but what about the moral issue of outsourcing. I have seen for myself what poor people in Honduras are paid and it is barely enough to feed their families. Imagine working 10 hrs. a day in the heat and poor working conditions and not make enough to feed your family, or buy shoes or clothes for them. It is deplorable to me. I feel that should be brought to the attention of the American people, as well. It is just plain immoral for a wealthy American to do that to poor third world people who hope to get a good job and hope for a better life for their families.
I have heard a great deal about Mitt Romney's involment in Bain Capital's outsourcing,i it's lagal and political ramifications. But what about the moral issues of sending these jobs to third world countries and what it does to the people of that country. I have seen for myself what outsourcing does to these poor families. They may work 10 hr days in very hot, poor working conditions. They do not, many times, make even enough to feed their families let alone buy them shoes or clothing. To me it is not only a political issue it is also very much a moral issue. Can you imagine working under these conditions and not make enough to feed your family? What effect would it have on you? Most of these very wealthy corporations or individuals do not care or think about these poor people. Buy Fair Trade so these poor people can make a decent wage!
I'd like to wish all the right wingnuts a happy weekend and suggest they take a break from hassling the progressives here. Please, take a hike in the mountains (don't think about global warming in the heat), maybe a drive to a National Park (I hope the air is clean, and there aren't any fires still burning), or if you're really privileged, a trip to somewhere exclusive so you don't have to think about the uninsured, single moms struggling, single fathers struggling, unsupervised children, especially teenagers, or deal with stressed-out sorts working for minimum wage in the service industries.
Okay, Cabdriver Confession: Here's what has me in such a condescending and patronizing good mood...
http://www.people-press.org/2012/07/12/obama-holds-lead-romney-trails-on-most-issues/
The latest national survey by the Pew Research Center for the People & the Press, conducted June 28-July 9, 2012 among 2,973 adults, including 2,373 registered voters, finds that Romney has not seized the advantage as the candidate best able to improve the economy. In fact, he has lost ground on this issue over the past month.
Beep! Beep!
The man was on vacation. What do you expect after that, a spurt in the polls?
This non issue for the SEC, IRS and the Federal Election Commission that have reviewed Romney's filings and found no fault will dissapear like the snow fields on your Utah mountains as the summer moves along, Cab Driver. And by the time the people start paying attention to this national election, all that will remain is the piss poor state of our economy, our nations fiscal situation, our energy policy, and our defense policy. And that means that the only records that they will be interested in are the records left by by this amateur President and his colleagues in the Senate, and they will be looking for a change of direction.
On vacation? Speaking to the NAACP constitutes "on vacation"?
Meeting at a billionaire's enclave in a lodge in Jackson Hole at a fund raiser hosted by Dick Cheney constitutes "on vacation"? BTW, he was also in Park City east of here last week, again fund raising...
The issue is that Romney profited by outsourcing jobs at Bain Capital; he loaded the companies with debt, and it was, as I noted a "Heads we win, tails they lose" approach... And anyone who doubts that the founding CEO--who was still the CEO of record--hasn't established the business model for an organization and corporate climate is the amateur, Fuzzie...
It rmatters little whether Governor Romney "quit beating his wife" in 1999 or 2001; the company he founded it was still doing it, your rationalizations not withstanding.
And boyhowdy, you should see the catcalls about him riding behind his wife on the jet ski... I'll stay a little polite on that one...
It was long, hard slog to get to the point today where all his former primary and caucus and convention opponents in the quest for the Republican nomination have been defeated, and subsequently come on board (well, maybe excepting ambassador Huntsman who is angling for another job in an Obama Administration now), so Romney in July took a vacation from campaigning. But yes, he did pay attention, unlike Barrack Obama (the 2nd Black President of the US... if you believe Clinton was the 1st), to address the NAACP national convention and let them know what his positions on the issue were, and what they could expect from his Presidency, without making the cornocupia of promises all unfullfilled that Obama made in 2008 to the black community (the reason he didn't dare to come back to face the music?).
As to the fund raising, well that's going very well for Romney, not so much for Obama, who has all but been deserted by the business community (his private sector that he claimed was doing so well a month ago), and the object is to have much more funds avaiable for after the two party's Convention and after Labor Day ends the summer pursuits of the American populace, and the real campaigns begin than what Obama will be able to muster, turning the tables on him to outspend him in 2012 Obama outspent McCain in 2008.
Bain Capital attacks by Obama Campaign and the leftist media is a minor hiccup on the road to the White House for Romney, there is no issue there if the SEC, the IRS, and the National Election Commission say there is no issue there. Done deal! It's all distraction by a running scared Democrat Party and Obama Administration and their cronies in the press as the economic news goes from bad to worse each month before this very tenous election, in the words of the immortal bard, "It is a tale told by an idiot, full of sound and fury, signifying.....NOTHING!"
Actually, President Obama's campaign has done quite well with campaign donations in the last few months (around $4 million) Here is the kicker. The number of people donating. Seventy-eight percent of donations for Obama came from small donors (less than $200). These are the people that will be voting. Romney may have received more in total cash, it came from half a dozen contributors. If Romney wins, will it be because of the SUPER PACS moneyed interests...hardly a recommendation for the democratic process.
Romney’s monomaniacal for the American green-back has dangerous purview for the White House. The Lincoln Bedroom would be lease to the Mormon Church and the White House will go on a 30-year land contract to China.
The extreme liberal Washington Post gave this story 3 pinocchios. The Massachusetts ballot law said Romney was eligible to run for Gov in 2002. The left is desperate. Create distractions to keep the narrative off what a dismal failure Obam is.
Hmmm...seems to me that it was the Clinton Administration renting out the Lincoln bedroom in the White House, and cutting back room deals with Chinese financiers and providing them with Most Favorable Nation Trading Status, Gene.
And I echo your sentiments Jeff, and know that the issues in September will be Obama and the economy's failings, not this kind of nonsense postulated by the media Romney haters in desperation as their Golden Boy from 2008 continues to show he hasn't got a clue!.
The "extreme liberal Washington Post"? Right... Click on the Opinion page, and you'll regularly find Kathleen Parker and Charles Krauthammer...
Bill O'Reilly and Ann Coulter Lite...
Lawrence is on his way back to L.A. but Rachel Maddow and her staff were working this weekend...
http://maddowblog.msnbc.msn.com/_news/2012/07/13/12727677-romneys-bain-story-unraveling-quickly
Back in 2002 when he was running for Governor of Massachusetts, Mitt Romney and his aides had no problem admitting he retained his position as CEO of Bain Capital after 1999. Press articles from the time describe how Mr. Romney was on a "leave of absence" after 1999 and had not fully cut ties with the private equity firm.
In 2002, a Boston Globe article quoted a former Bain Capital executive named Marc B. Wolpow who said Mr. Romney remained in a very active role at Bain Capital while he was supposedly on a leave of absence for his Senate race. Wolpow specifically said of Romney's role, "I reported directly to Mitt Romney.... You can't be CEO of Bain Capital and say, 'I really don't know what my guys were doing,'"
And...
http://www.politico.com/blogs/media/2012/07/glenn-kessler-jumps-the-shark-128872.html#.UABW_vXqPxg.twitter
Washington Post Fact Checker Glenn Kessler, who has dismissed the significance of Mitt Romney's role at Bain Capital after 1999, announced yesterday that he would reconsider his assessment following the landmark Boston Globe report.
http://www.politico.com/blogs/media/2012/07/wapos-fact-checker-may-reconsider-bain-128759.html
The Globe article reports that Romney was CEO until 2002, and at least one 2001 SEC filing refers to Romney's principle occupation as "managing director of Bain Capital" — so there's more to it than just owning shares.
CEO in name only, on a leave of absence. You've got it right in the details of your exhaustive investigation, Cab Driver, but you miss the importance of those words. He means that the contemporary documents filed at the SEC along with the perfunctory documents explained that Romney was no longer in active management and a passive investor only in the ongoing investments in the companies in question in that period 1999 to 2002.
And what would you have him list as his primary occupation in those years? Rescurer in Chief of the Winter Olympics without a salary? Candidate for Governor without a salary? In 2000, a federal census was taken, and I'm sure Romney if he filed a long form listed his income range and his occupation there. Maybe you can go search there for supporting inconsequential information while you are on your fishing expeditions for some mud to throw, loser!
Keith Longey,
What do you do for a living? You sound very intelligent, only misguided about facts. You like to spin things as if you offer truths..Just curious what your "day job" is?
I'm retired, Brad. But I hold a BA degree awarded Magna Cum Laude by my State University in the early 70s in Public and Business Administration with a minor in Economics, and I worked my way through my education years in a variety of supportive occupations after Military Service in the 1960s, including optaining post graduate teaching credentials in secondary and vocational education. My primary career employment was with the Department of Veterans Affairs as a Vocational Rehabilitation Specialist mostly in Southern New England assisting Veterans to return to employments to the best of their capability, although I also worked for 5 years for the Department of the Army Social Work Services during the Panama actions and Haiti deployments, and the first Gulf War in the late 80s thru mid-90s.
Hmmm... What happened to the Master's Degrees, Grandpa?
Grandpa Fuzz (Mort Walker's old cartoon character, Lt. Sonny Fuzz, in his post-military service digs) is a global warming denier who claims authoritatively that alcoholism has no genetic basis, and when he was teaching he dealt with autistic and ADDHD kids by giving them extra P.E. classes... He also claims he's an independent, but research has shown a 99% correlation between his rhetoric and the daily Republican Talking Oinks®...
When his dissembling is exposed--as it regularly is--he resorts to name-calling and personal attacks, but he's got kind a real aversion to fact checking. He's afraid the extra-terrestrials who introduced Google to the human race are secretly tracing him because he's one of the few who's learned of their existence. He knows in his heart of hearts that they are supporting Barack Obama in his quest to turn this country into a National Socialistic Communist Welfare State where owning two cars or a single firearm is against the law.
As for me, I'm a real cabdriver with literary and historian ambitions and education and clinical training at least on par with Fuzzie's. Alas, I lack the imagination to fashion such a caricature...
Probably a good thing; nobody would believe such an individual exists outside of an asylum... Some here probably think he's Glenn Beck's long lost older brother...
You do get funnier everyday, Cab Driver. You forgot to mention my ardent gun nut stance ala the most hardened NRA supporter and militia member waiting for the opportunity to shoot down the invading black hellicopters of the United Nations as they seek to take over our beloved free country, and my ardent support of George Zimmerman as not being the racist trigger happy murderer that this network and its parent, NBC primarily sought to slandar in their race baiting mission of just several months ago. (oh wait, you didn't want to revisit that last topic because of the recent findings released by the FBI of their invesigation into whether or not any civil rights violations or racial hate crimes were committed by George Zimmerman and the Sanford, Fla Police Department or State Attorney General's Office as this network and this blog widely reported as being the case, but hasn't found the ability to now admit that in the light of the FBI findings to the contrary, did not appear to be reporting the truth!). Can't wait for the hearing on Stand Ground and/or the trial to take place now, and see how you and they all squirm in the face of the real evidence to be released.
But I thought you were foing to be taking a weekend hike in the mountains above your smog bound city to clear hour head, and breath some real air? Better get on with it, Cab Driver. And stop obsessing on my postings, it's making you look like you are ready for the trip to the asylum again.
Next week on the mountains, Fuzzy. Or possible a bit of desert solitude å la Edward Abbey. And you're the one with the asylum experience; in the alcoholic rehab a lot of ours got better, and we didn't need a revolving door. I know. I still see them in meetings.
Right now it's lunch with a PhD physicist who corrected me on how global warming occurs. I was grateful because I had it slightly wrong. From that attempt at pseudo-science you threw at me, we see there are three atoms in a carbon dioxide molecule. Sunlight--and infra-red heat--reflect off the earth's surface, encounter these "larger" molecules (methane is another), and part of the energy is reflected back to the earth and retained, causing the rise in average temperatures we've seen. I note that 2012's temperatures for the first six months of the year were the hottest on record...
Don't think about that stuff; you might suddenly morph into a liberal sort, and all your Teapublican friends would abandon you.
Did you read the recent information published that after exhaustive sudy of tree rings in living and preserved specimens dating back as carbon tested to Before Christ scientist have determined we are actually in a progressive cooling cycle due to the current cycle of growing distance between the earth and the sun? Data from that last two milliniums surpass the data of the past 20 years only, which are mostly influenced by solar flare activities (on the rise) and the oceans and their affects on El Nino and La Nina air currents.
Seems like there ain't nothing better for the future of mankind and the earths sustaining vegatation from algae to the tallest and biggest trees than the carbon dioxide emmisions from the use of fossile fuels to give that vegatation its life force and production of oxygen, Cab Driver.
The so-called "Little Ice Age" ended in the late 19th Century or early 20th Century...
http://en.wikipedia.org/wiki/Little_Ice_Age
And once again, Grandpa is stuck in a remedial chemistry class when the rest of the world is studying physics.
BTW, the junk scientists at the Heartland Institute are the same gonzos who sold out to the tobacco companies...
http://en.wikipedia.org/wiki/Heartland_Institute
Fortunately there are some sane folks out there...
http://citizenactionmonitor.wordpress.com/2012/03/31/petition-drive-convinces-gm-to-drop-funding-climate-change-denier-heartland-institute/
“Please ask Mr. Akerson why GM funds the Heartland Institute, a group that has tried to push misinformation about climate change into our public schools. Is this funding consistent with their company’s message in marketing of the Chevy Volt?”
That sounded fair game. So during the hour-long conversation I posed that question to Mr. Akerson. His response made it clear he accepts the scientific consensus that rising concentrations of carbon dioxide and other pollutants are increasing the Earth’s average temperatures.
Fuzzie posted a while ago about the "art of lying with statistics," but he doesn't appear to want his "pay no attention to the man behind the curtain" tactics to be exposed. Fortunately, some of us were fans of L. Frank Baum when we were young.
Quite simply, the first six months of 2012 were the warmest on record. I don't do statistics, BTW; I do facts...
http://www.cbsnews.com/8301-201_162-57468991/january-to-june-2012-warmest-first-half-of-any-year-on-record/
The problem isn't carbon dioxide re-entering the biosphere via the "Carbon Cycle," Grandpa. The problem is there's too much of it. Water is wonderful stuff, too, and necessary for life, but there's always the issue of flooding when there's too much of it.
Better duck out the back; casino manager is coming this way...
None of this matters. Obama will win in November. Why is it that the Republicans do not realize that Romney cannot and will not win in November. Maybe they just are not able to find a way to nominate someone else.
In all the bruhaha lately -- "You lied." "No, you lied." -- about Mitt's role at Bain between 1999 and 2002 -- when he was running the Olympics -- can anyone seriously think (a) Romney never spent time on the phone, reviewed faxes or e-mails or in any other way had knowledge of or input to Bain actions?, or (b) that Romney was not chiefly responsible for the corporate ethic of Bain that led to companies being raided and many hundreds of people losing jobs and pensions? In any case, if your name's on the letterhead/annual report as CEO and/or President, you are responsible for what a company does.
Not if contemporanious documents are filed that state you are not an active management participant and a passive investor only, Marshall. If you are in the position of being on a leave of absence, there is no need to change the stantionary. You are barking up the wrong tree, fello Husky! Keith from Connecticut.
For a supposed magna cum whatever, you sure could use some spelling lessons.
I'll forgive your ignorance of Latin and unfamiliarity with common academic awards, turbo, if you forgive my typos and fevered pace of posting here!
In all the bruhaha lately -- "You lied." "No, you lied." -- about Mitt's role at Bain between 1999 and 2002 -- when he was running the Olympics -- can anyone seriously think (a) Romney never spent time on the phone, reviewed faxes or e-mails or in any other way had knowledge of or input to Bain actions?, or (b) that Romney was not chiefly responsible for the corporate ethic of Bain that led to companies being raided and many hundreds of people losing jobs and pensions? In any case, if your name's on the letterhead/annual report as CEO and/or President, you are responsible for what a company does.
See above rely.
The journalists who are going to be "walking back" their stories include Glenn Kessler of the "extremely liberal Washington Post" and FactCheck.org...
http://delong.typepad.com/sdj/2012/07/is-this-the-silliest-thing-glenn-kessler-of-the-washington-post-has-ever-written.html
It would be very unusual for somebody to have the titles of not just "CEO" but "President", "Chairman of the Board" and be "sole stockholder" and to have no responsibilities whatsoever. In fact, I defy Glenn Kessler to come up with any example of anybody anywhere--save for Mitt Romney--who has been characterized to the SEC as "sole stockholder, chairman of the board, chief executive officer, and president" and also claimed to have no responsibilities whatsoever and to have merely been a passive investor.
And here's David Corn...
http://www.motherjones.com/politics/2012/07/mitt-romney-bain-financial-disclosure
The Romney camp and Bain insist that Romney fully retired in February 1999 from the private equity firm he founded and owned—even though in the past he and Bain have described his departure as a part-time leave—and evidence has emerged (including Securities and Exchange documents I first reported showing that Romney was involved to some extent in Bain as late as 2002, while he continued to maintain his ownership of the firm and its various entities.
Romney may have made a false statement on a federal financial disclosure form, and doing so is a felony punishable by up to one year of imprisonment and a $50,000 fine.
Don't expect Darrell Issa's committee to investigate this one anytime soon...
And over on Twitter, Keith Olbermann has been using the hashtag #mittcreek...
Hmmm, up mittcreek without a... Without a... I got it!
Without an Etch-a-Sketch...
What part of being on a leave of absence and filing contemporaneous documents with the SEC that stated no active management role and passive investor status only didn't you understand? Give it up, its already a lost cause this mud flinging nonsense, and get on with your mind clearing walk in the moutains instead of driving yourself sick with this crap, Cab Driver. I'm really worried about hour mental state as well as your physical health! Try to get a life!
Give me a "D"
Give me an "E"
Give me an "N"
Give me an "I"
What am I going to spell?
D-E-N-I-A-L
And you're the self-anointed poster child...
Easy way to keep me off your tail is to drive somewhere else... Or quit lying. Romney does enough of that already.
And spare me the phony, sanctimonious empathy; we saw your utter lack of compassion with your racist rants during the Trayvon Martin episode.
Valley's clear, BTW; we had a little thunderstorm, and the front that blew through last night cleared things out. Of course we've got real mountains here, the kind that usually cause city tenderfeet to run for a change of underwear after looking down from a mountain pass.
Ah, in my time in the West I hiked in the Cascades, getting to the 10,000 Ft level above sea mark at John Muir Camp on Mt. Rainier, a bad front moving in kept me and my climbing group from attempting the summit as we had planned. Also spent a lot of time backpacking in the Olympic Range, and on pack trips in the Saw Tooth Mountains of Idaho, and Bitterroot Mountains of Montana. I've walked with the Mountain Sheep, and seen the last of the Ice Caves on that Rainier,, the highest in the Continental US of A. And last time I was in the Utah mountains above Salt Lake Cith was when I joined a certain redheaded galfriend from Pheonix at the southern extreme of the Rockies who was receiving an award for her Valley Forward promotion agency that she was Executive Director of (and wrote her acceptance speech fpor her), we camped in the mountains for several days after outside your city. That was some years ago, in the mid 90s, but a wonderful memory of sun and sin filled days, as even in Mormon country, I had been able to ferret out a Blues Club with a good stock of bourbons and brews in downtown Salt Lake City when the convention was underway! LOL!
Been there, done that in the Cascades...
Way I hear it though, from the old "Monk's House of Jazz" staff is some guy was downstairs there a few years ago, and after he'd had a few talked about his Bigfoot encounter up in Washington... Monk's is defunct these days (Mormons make running a bar here a realy dicey enterprise); Senator Hatch made sure they tore down the old Port O'Call to make way for a court's building rather than use his billionaire buddy's empty lot across the street... Ah, what's a historical building anyway?
And next time you're in Idaho, the locals will be scaring you with stories about wolves and how those diabolical tree-huggers brought in Canadian varieties (Idaho wolves being extinct) to help spread socialism in the panhandle.
Tell Romney to produce his unedited personal schedule calendar book, those CEO guys have about every minute planned of their waking hours and scheduled in some record.
And while we are at it, lets ask Obama to make available his highschool and college transcripts and his financial status and the conditions or how his tuition, board and room, and fees were paid for his college years, all times that he wrote about to make his millions, so equally important in the search for exhaustive knowledge of our two major candidates for this election, hmmm?
question from a typical birther racist repub fossil.
I don't care if Obama was brought to the US by a whooping crane as an infant after his mother had conceived him after having sex with the ancient god Zeus in the guise of a swan, and other than an affiliation mostly with friends and family of the Euro-American and Native American races, I certainly do not hold racist sentiments. I am an Indenpendant with Tea Party leanings, not Republican, and while I've been around the block, and well seasoned in life, I am certainly not a "fossile", though I'm all in for an energy policy that calls for maximizing our use of our own nation's rich supply of fossil fuels, BBcB.
Sorry, Keith..you lost all credibility after that last comment regarding Obama's school transcripts (now the birthers want the high school transcripts too...lol) I read one article by a birther that swears President Obama is the son of Malcolm X and went to great lengths to prove it...somehow deducing the exact day President Obama's mother conceived.
When the Dems wanted George Bushes transcripts for their oppositional research, they were forthcoming. Only Obama has balked at that disclosure, Virginia!
An open question to SEC: Can a company just simply write anybody name on the file sent to SEC as the CEO, President, Chairman, Sole Owner of the company? Is it all right to write Mickey Mouse as the CEO and SEC will say nothing about it?
I witnessed everything Romney and his challenger Shannon O Brien debate for Governor in our state of Massachusetts with our wide and clean ears when he said , he comes back and forth in Massachusetts and Utah for all the meetings especially those very important meetings of his board to qualify him for candidate as governor in Massachusetts. This monster is really a Pathological liar that made him a calamitous Governor in our state.He made such a disaster in our state taken away our public education fund, fired too many public workers especially teachers, firemen and policemen, and to those who were able to keep their jobs lost almost all their benefits and lower their wages. He increase our taxes that affect vast majority with hard working and middle class while the rich benefited and become richer.We lost a lot of jobs because of his initiative shipping jobs to China and India , and with our bad economy too many people left our state. W cannot comprehend ourselves why people would choose him as a disaster leader to one state to a disaster leader to our country.
Romney remained on the Board of Directors of several of the companies that he helped to turn around and establish as growth companies in the economy while at Bain, Staples being just one of them, ilavoix. And I too was living and working in Massachusetts during the Romney campaign for Governor, and knew that stupitidy of the Democrat Party attempt to disqualify him as a non resident of Massachusetts during the years he was working without a salary or a home to live in in Utah to rescue the Winter Olympics in another managerial feat of turn around of a failing enterprise.
Andd thank your lucky stars that he was elected Governor, as he led the way in earasing the $2.6 billion dollar deficit the Democrat Party controlled legislature had rolled up prior to his taking office, turning the employment growth opportunities around from the 51st in the nation when he took office to 30th when he left, delivering on his promise to rejuvinatge the Educational systems of the State's Cities and towns with his forward looking policies, and attacking graft, waste, and corruption at every instance he found while Governor of the state.
Gosh, Longey, your intellectual prowess is too much to refute! I'll definitely vote for Romney now! Who cares if he was a spoiled rich kid who bullied classmates! Who cares if he dressed up as a cop and pulled over innocent people! Who cares if he strapped his dog to the roof of his car for a 12-hour road trip! Who cares he's taken three positions on any given issue, including abortion and healthcare! Who cares that he lied to the SEC! He's obviously the best choice for Commander-in-Chief...thanks for setting me straight.
Who cares if under this President aided and abetted by his partisan colleagues in the do nothing Senate of the United States that our Economy, Fiscal condition, Energy needs, and Strategic Defense, have gone the way of our formerly Triple A Credit Rating. But you want to talk about nonsense from "oppositional research" from the Chicago Political Machine from the time Romney was in prep school, turbo.
The voters don't give a squeeck about any of that nonsense you are wimpering about....they are looking at their dwindling family incomes, the mounting national debt from all the foolish borrowing and spending and the creeping realization of the tax hikes that will be coming to pay for it all, their homes underwater, and the price of gasoline and home heating oil and electricity, and casting a wary eye to the Iranian and North Korean belligerance, and the continued menacing aspects of Russian and Chinese military buildups. Only the died in the wool (with their wool caps pulled firmly over their eyes) that are going to vote for Obama are paying any attention to what the Obama campaign and his leftist media friends like this network are trying to make a fuss about.
I think the real point here is that, as always, no one knows what Romney is or stands for. He was obviously playing some kind of game, for what purpose I don't know. As for legality, I don't have a clue but I would guess the statue of limitations would preclude any legal action anyway.
This is why I won't vote for him. Not because of this one issue. Because this is so representative of Romney. He could have shown Mohammed Ali a few things about "rope-a-dope". I don't believe anything he says, not that I believe everything Obama says. I guess the bottom line is I consider him completely untrustworthy as opposed to mostly untrustworthy like the typical politician.
Why don't you try finding out the real information here on your own, Dick.
1) Do you believe Romney's attorneys would have given him advice to cheat on the SEC documentations or his Taxes or file false reports with the Federal Election Commission?
2) Do you belive that former and present Bain Capital Partners, both Democrat and Republican are coming forth now saying that the Boston Globe is all wet with their reporting, that Romney took a leve of absence within 9 days of announcing he was going to leave Bain to take over the rescue attempt of the beleagured Winter Olypics in February, 1999?.
3) Do you understand that Democrat and Obama supporters had come forth in great numbers to state the Obama campaign was on the wrong tack running down the 85%success rate that the highly repected private equity investment firm Bain Capital had in its turnaround operations with previously companies, many like the infamous Steel Company in highly troubled industires being one of its 15% failures, but not until some years after Romney left Bain.
Answer those three questions for yourself, and you will come to see that this attack by the Obama Campaign and his supportors in the leftist media is nothing but short of desperation as their whole gambit was to define Romney as nothing other than a vulture capatalist and an outsourcer. When the evidence came forward that they were focusing only on a few companies that Bain Capital invested and made management decisions on after Romney left Bain's active manager, and for a brief period (while his eventual retirement was negotiated, and the terms of his financial renumeration for the franchise value he had built in his 25 years with Bain was negotiated ) his name remained on their perfuntorary filings on a half dozen new companies Bain invested in , although there were contemporary documents filed along with those that specified Romney was no longer in active management, and was a passive investor only, then the Obama campaign doubled down...in for a penny with their slanderous campaign tactics, in for a pound.
Romney is a very moral man....his years as Governor were graft and corruption free (rather a miracle in Boston politics) with a flawless administration as he ran a tight ship, his reputation in business was so widely respected that he was chosen to turn around the graft and corruption plagued Winter Olympics, which the International Olympic Committee was threatening to pull from the US prior to romney's rescue operation. And Romney's family life shows that he is a very moral man. Take all that into consideration, and really do you think that under all that was a cheating, lying, scoundral operating as Axelrod and the Chicago political machine from that graft and corruption riden state of Illinois would have you believe?
But you draw your own conclusions. Mine are that Mitt Romney is a straight shooter that will give this nation an opportunity to turn around its long slide under this present amateur President without any sense of responsibility for the graft and waste the news has been full of in his Federal Government, or the disasterous policies coupled with threats of higher taxes and more senseless borrowing while our fiscal situation like our economy goes to hell in a handbasket.
Hey Longey, besides being more-or-less completely full of it, can I introduce you to a little thing called Spell-Check? People that are full of hot air always come off as being somewhat credible when their BS is grammatically correct.
See above reply to your earlier compaint about the pace of my postings and the typos. You aren't interested in anything but your own ignorant suppositions, so I suggest you just don't bother yourself with my cogent arugments. Obviously, you have nothing to counter them, do you, turbo?
I don't have to waste my time. You and your ilk are the same people that didn't want slavery abolished. Why bother arguing with a dinosaur? But I noticed that your last reply was without grammatical errors...so maybe there's hope for you!