Mitt Romney's Bain Problem Is Worse Than Anyone Imagined

by: mooncat

Fri Jul 13, 2012 at 13:00:00 PM CDT

It really is the Bain of Romney -- and it was his Bain all the way up to 2002.

Yesterday's Boston Globe report, Mitt Romney stayed at Bain 3 years longer than he stated, opens up a huge can of worms for the Republican nominee.

In this presidential campaign, Romney has been publicly claiming he did not have economic relations with that company after 1999.  This allows him to avoid responsibility for Bain-engineered offshoring deals, bankruptcies and even investments in a company that disposed of aborted fetuses.   Don't you know his base just loves guys who make money off abortions?  And then there's Bain's Chinese outsourcing deal which also happened after 1999.  Mitt really wants to avoid responsibility for all that stuff.

But if Romney really left Bain in 1999, he wouldn't have been eligible to run for Governor of Massachusetts in 2002.  Romney's Bain quit date definitely matters.  If he left in 1999, he was not only lying to Massachusetts election officials, he was also lying to the SEC.  SEC documents list Romney as Bain's "sole stockholder, chairman of the board, chief executive officer, and president" until 2002.  He drew a (big) salary until at least 2002. 

Either Mitt lied then, or he's lying now.  I guess it's even remotely possibly he was lying both then and now, because the old if his lips are moving, he's lying joke seems tailor made for Mitt. 

Mitt Romney is clearly a glib and easy liar -- either to the American people now or to the SEC and the Massachusetts Ballot Law Commission back in 2002.  This man fails the integrity test.  It's beyond me how he could even be nominated for President by a major party, but he clearly can't be trusted to "preserve, protect and defend the Constitution."