Romney Completely Picked Apart on Bain Issue

haymarket said:

We have seen but one year of Reversable Mittens tax returns. Just a single year. John McCain and his team saw over twenty years of Mitt's tax returns four years ago and they rejected him for the VP slot.

What did they see that we need to see?

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You already know. He's rich.

That is all it takes.

cpwill said:

Mitt Romney's 2011 Tax Return

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That's an estimated -- not final -- return.

AdamT said:

McCain paid an average rate of 33% on around $240k income ... to Romney's sub-15% rate on about $21 million....

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Does that surprise you. Romeny is a highly qualified business leader and an ex governor. And extremely wealthy who makes his money on investment income which is taxed at a lower rate than ordinary income. If you have a complaint, or a bitch, you need to change the tax code. Obama had full control of all three branches of government and failed to do anything about the tax code.

Further Romney never took a paycheck for running the Olympics or as Governor.

Born Free said:

What views? Look at his record, that's his views, unless you missed this last four years, Obama has been a complete failure.

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Only in the eyes of totally partisan and/or racists. Obama's record stands for it self, and his views well known.

Now can you say that of Romney? What is his view on Obama's amnesty to illegals that are in college? He does have views, I admit that.. until he changes that view that is. He is against Obamcare, and yet for Romneycare... which is basically the same thing. He is for a lot of the provision in Obamacare, but against paying for it... wtf?

Romney with a stellar record at Baine according to Bill Clinton

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And Bill Clinton is right. But there is a difference between an economic record towards the shareholders... err holder aka Romney as we now know... and a record that has to be looked at with political eyes. On the latter, Romney's Bain record has its problems.... like it or not, outsourcing and mass lay offs are political suicide in this economy.

and his successful running of the Utah Olympics,

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There were no Olympics in Utah. They were in Salt Lake City, which is a city in Utah yes.. but they were given to Salt Lake City .. not Utah or the USA. And yes, that record looks on the face of it as a good one... but considering the whole Bain mess, then one really has to worry what skeletons lie there. No one has really ever looked at what Romney did to fix the mess in Salt Lake City.. what corners were cut and what bribes and payoffs or deals were done to get the games within budget.

and a Governor

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Even Romney does not use his record as governor... he was a relative failure and left the job because he knew he could not get re-elected. His job creation in the state, was one of the worst of all states... and this was in a time of debt fuelled economic boom in the US.

And no way in hell will he ever run on Romneycare...

compare that to Obama's failed economic policies.

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Again that is a partisan view. On the factual level, Obama's policies have not failed, nor have they been amazing. All you have to look at is the 700k job losses when he took over vs the 100k job gains approx now. It might not be amazing job growth, but it is a far cry from the 700k losses that the economy was suffering at the end of the Bush administration. Could he have done better? You betcha, but it could also have been much worse and considering the GOP being totally obstructionist since 2010.. hell even before that in the Senate, then the fact that any progress has been done at all is almost amazing.

If you want more Obamafailure vote for him.

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If I could then I would.. rather him than Romney at this point in time. Romney looks and feels like the shister ambulance chasing lawyer that is trying to con old ladies and has a harm of near underage blonds on the side.

Romney needs to fix his image and time is running out.

tessaesque said:

The three most recent polls (Gallup, Rasmussen, and McClatchy/Marist show Obama +2, tied, Obama +2.

That's a pretty big shift from polls done last Thursday, which showed Obama +7.

And when you look back, excepting that +7 poll, it's been quite literally neck-and-neck for the last few weeks.

Romney hasn't announced his VP selection yet, either. Based on the e-mails I get, he's prepared to announce it before the convention. His pick could create a huge shift in numbers.

But even if it doesn't, what the numbers show is that the Bain attacks and tax record accusations aren't driving voters away from Romney in any significant measure.

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First off the Bain attack effect will only really start to show this week, since the real juicy stuff came out last week.

Secondly, we are far off from the election

Thirdly, these polls dont matter jack. What matters is polls and results from the states, and here Romney is hurting in many states he has to win... and there are a lot of those states.

PeteEU said:

First off the Bain attack effect will only really start to show this week, since the real juicy stuff came out last week.

Secondly, we are far off from the election

Thirdly, these polls dont matter jack. What matters is polls and results from the states, and here Romney is hurting in many states he has to win... and there are a lot of those states.

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Actually, most of the battleground states show results within the margin of error. But nice try in spinning, really. A for effort.

Born Free said:

Does that surprise you. Romeny is a highly qualified business leader and an ex governor. And extremely wealthy who makes his money on investment income which is taxed at a lower rate than ordinary income. If you have a complaint, or a bitch, you need to change the tax code. Obama had full control of all three branches of government and failed to do anything about the tax code.

Further Romney never took a paycheck for running the Olympics or as Governor.

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The point being that McCain's returns didn't raise any red flags. If anything he overpaid. Romney's, OTOH, raise several questions.

AdamT said:

The point being that McCain's returns didn't raise any red flags. If anything he overpaid. Romney's, OTOH, raise several questions.

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If it raises questions, did the IRS not review his tax return? Did he not pay his taxes? I don't recall in all of Romney's activities as a business person or as Governor has the IRS at anytime question his tax return. Maybe I'm missing something.

PeteEU said:

Only in the eyes of totally partisan and/or racists. Obama's record stands for it self, and his views well known.

Now can you say that of Romney? What is his view on Obama's amnesty to illegals that are in college? He does have views, I admit that.. until he changes that view that is. He is against Obamcare, and yet for Romneycare... which is basically the same thing. He is for a lot of the provision in Obamacare, but against paying for it... wtf?



And Bill Clinton is right. But there is a difference between an economic record towards the shareholders... err holder aka Romney as we now know... and a record that has to be looked at with political eyes. On the latter, Romney's Bain record has its problems.... like it or not, outsourcing and mass lay offs are political suicide in this economy.



There were no Olympics in Utah. They were in Salt Lake City, which is a city in Utah yes.. but they were given to Salt Lake City .. not Utah or the USA. And yes, that record looks on the face of it as a good one... but considering the whole Bain mess, then one really has to worry what skeletons lie there. No one has really ever looked at what Romney did to fix the mess in Salt Lake City.. what corners were cut and what bribes and payoffs or deals were done to get the games within budget.



Even Romney does not use his record as governor... he was a relative failure and left the job because he knew he could not get re-elected. His job creation in the state, was one of the worst of all states... and this was in a time of debt fuelled economic boom in the US.

And no way in hell will he ever run on Romneycare...



Again that is a partisan view. On the factual level, Obama's policies have not failed, nor have they been amazing. All you have to look at is the 700k job losses when he took over vs the 100k job gains approx now. It might not be amazing job growth, but it is a far cry from the 700k losses that the economy was suffering at the end of the Bush administration. Could he have done better? You betcha, but it could also have been much worse and considering the GOP being totally obstructionist since 2010.. hell even before that in the Senate, then the fact that any progress has been done at all is almost amazing.



If I could then I would.. rather him than Romney at this point in time. Romney looks and feels like the shister ambulance chasing lawyer that is trying to con old ladies and has a harm of near underage blonds on the side.

Romney needs to fix his image and time is running out.

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That is as far as I read with your racist comment. No need to read any further.

Born Free said:

If it raises questions, did the IRS not review his tax return? Did he not pay his taxes? I don't recall in all of Romney's activities as a business person or as Governor has the IRS at anytime question his tax return. Maybe I'm missing something.

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Again ... fewer than 2% of tax returns are audited. The IRS mostly relies on people to tell the truth.

AdamT said:

Again ... fewer than 2% of tax returns are audited. The IRS mostly relies on people to tell the truth.

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With all the news and pressure, would it not make sense for the IRS to now begin investigating? Especially when the "head" of the IRS (i.e. Obama) is running for reelection against Romney? So I'm sure, if there's anything to find, it will be found.

AdamT said:

Again ... fewer than 2% of tax returns are audited.

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yup. which is why they generally focus in on the large and complicated ones. average income families of four claiming the standard deduction are pretty much off the radar.

tessaesque said:

With all the news and pressure, would it not make sense for the IRS to now begin investigating? Especially when the "head" of the IRS (i.e. Obama) is running for reelection against Romney? So I'm sure, if there's anything to find, it will be found.

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Yeah, I'm sure Republicans wouldn't go bat**** crazy if that happened. :lamo

I don't really think out of this Chicago-style-politics administration, that it would surprise us.

tessaesque said:

With all the news and pressure, would it not make sense for the IRS to now begin investigating? Especially when the "head" of the IRS (i.e. Obama) is running for reelection against Romney? So I'm sure, if there's anything to find, it will be found.

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If he did that republicans would accuse obama of playing politics. Romney is a felon and should be in jail. We all know of one law he violated. If he released his tax return we would find out more.

AdamT said:

Yeah, I'm sure Republicans wouldn't go bat**** crazy if that happened. :lamo

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That's pretty much irrelevant. You're suggesting that there's something nefarious in Romney's tax records....something that hasn't been caught in the last 20+ years that his money's been managed by accounting firms and investment groups. As soon as Tim Geithner was suggested for his post he was vetted and found to owe a significant amount in back taxes.

If Romney is the republican nominee (and that's pretty much sealed at this point), I guarantee any illegitimacy in his tax history will be discovered w/a quickness.

This is just a stupid little witch hunt...a desperate attempt to discredit the challenger through any means available, because everybody on Obama's team is well aware that this is a marathon battle to the finish. If they can't find SOMETHING in Bain or Romney's tax records they're toast on the character front.

AdamT said:

Yeah, I'm sure Republicans wouldn't go bat**** crazy if that happened. :lamo

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They would never know, remember Obama is from Chicago, easy to have someone else do is dirty work.

tessaesque said:

That's pretty much irrelevant. You're suggesting that there's something nefarious in Romney's tax records....something that hasn't been caught in the last 20+ years that his money's been managed by accounting firms and investment groups. As soon as Tim Geithner was suggested for his post he was vetted and found to owe a significant amount in back taxes.

If Romney is the republican nominee (and that's pretty much sealed at this point), I guarantee any illegitimacy in his tax history will be discovered w/a quickness.

This is just a stupid little witch hunt...a desperate attempt to discredit the challenger through any means available, because everybody on Obama's team is well aware that this is a marathon battle to the finish. If they can't find SOMETHING in Bain or Romney's tax records they're toast on the character front.

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The error in Geithner's returns was discovered by the Obama administration's vetting team -- not the IRS. The errors were in returns filed six and seven years before he was nominated. Oops.

Here’s what he should do. He should release the tax returns tomorrow. This is crazy… you’ve got to release 6, 8, 10 years of back tax returns. Take the hit for a day or two. Then give a serious speech on Thursday…

--Bill Kristol

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MATT DOWD: There is obviously something because if there was nothing there he would say have it…But I think the bigger thing is, it’s arrogance. Many of these politicians think I can do this, I can get away with this.

STEPHANAPOULOS …[George Will] You are nodding your head at that.

GEORGE WILL: Absolutely. Mitt Romney has said he has released all that’s necessary for people to understand “something” about my finances. Now “something” is a pregnant word… The costs of not releasing the returns are clear, therefore he must have calculated there are higher costs to releasing them.

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tessaesque said:

With all the news and pressure, would it not make sense for the IRS to now begin investigating? Especially when the "head" of the IRS (i.e. Obama) is running for reelection against Romney? So I'm sure, if there's anything to find, it will be found.

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Short of the guy having committed fraud, a presidential candidate releasing his tax returns would pretty much have immunity from an IRS audit.

upsideguy said:

Short of the guy having committed fraud, a presidential candidate releasing his tax returns would pretty much have immunity from an IRS audit.

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Then he didn't do anything wrong. Thanks for pointing that out.

Born Free said:

Then he didn't do anything wrong. Thanks for pointing that out.

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That's not what he said, but you knew that.

AdamT said:

The error in Geithner's returns was discovered by the Obama administration's vetting team -- not the IRS. The errors were in returns filed six and seven years before he was nominated. Oops.

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And Geithner was nominated in spite of not paying his taxes. So much for the left really caring if you pay your taxes. To clarify, they don't care if someone on the left does not pay, they only want Republicans to pay.

Born Free said:

Then he didn't do anything wrong. Thanks for pointing that out.

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A very interesting conclusion you drew from my statement and a wrong one by the way. I was merely suggesting, in a global sense, that the IRS is not going to audit or investigate the taxes returns of a POTUS candidate. I wasn't speaking about legitimacy of Romney's returns, which I have to believe are on the up and up.

That also is not the point. POTUS candidates are to release their returns, on a voluntary basis, as a form of full disclosure of financial interest. I think he should release the past couple of years, particularly since his finances are an issue. It is voluntary. If he chooses not to release, then he should be prepared to take the just criticism that he isn't transparent.

This, to me, describes the most troublesome aspect of Romney's tax return: The Secret Behind Romney

99percenter said:

If he did that republicans would accuse obama of playing politics. Romney is a felon and should be in jail. We all know of one law he violated. If he released his tax return we would find out more.

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What law is that? As I'm not aware of any law he's violated. Please, enlighten us.