New Documents Show Romney’s Bain Lies are Piling Up Sky High

Romney is hiding something. He doesn’t want to release his tax returns and he seems to be not telling the truth about his tenure at Bain Capital.

In a new report by the Boston Globe, they show “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.”

The SEC filings also show Romney as Bain’s head guy. Both Bain and Romney’s campaign have said that the SEC filing showing Romney as Bain’s CEO is a mere technicality.

The Boston Globe continued,

“You can’t say statements filed with the SEC are meaningless. This is a fact in an SEC filing,” said Roberta S. Karmel, now a professor at Brooklyn Law School.

“It doesn’t make a whole lot of sense to say he was technically in charge on paper but he had nothing to do with Bain’s operations,” Karmel continued. “Was he getting paid? He’s the sole stockholder. Are you telling me he owned the company but had no say in its investments?”

There were nine SEC filings that show Romney as Bain’s CEO, a manager over 5 Bain Capital entities that were formed in 2002 in Delaware.

This could prove very problematic for Romney, who has tried to balance between showing his business experience as a plus to move the economy out of a rut, and evade questions about outsourcing.

22 Replies to “New Documents Show Romney’s Bain Lies are Piling Up Sky High”

  1. Though you can customarily assume anything Romney says is a lie, you can’t normally find the truth by locating its opposite, because he probably said that, too, which means it’s a lie, too.

  2. The Romney Campaign machine is on defense. They have asked the Boston Globe to retract its’ claim that Romney was involved in decision-making at Bain after 1999, but one of the guys who wrote the article was on TRMS and stated emphatically that the BG would not change anything it included in the article. It has become a tactic of the Romney Campaign to demand retractions, and I’m glad that thus far, the authors of these articles have refused to play his game. You guys rock, Ray! Politicus USA has some of the best writers on the web. You guys have brought the right-wingers here to defend Romney. There is no defense for the lies Romney has told, and his defenders wouldn’t show up at PoliticusUSA to defend him if they weren’t having second thoughts about him. The information that has been released about Romney lately has rocked their world.

  3. I don’t think Romney ever thought that anyone would check on his word. He hasn’t really tried to cover up except for his taxes.

  4. I realize that all the other wing-nut candidates have bowed out, but Romney may be the first “winner” from either Party that becomes a Felon while still campaigning thus making himself ineligible for the Presidency!!!!!! FUN STUFF :~)

  5. “I realize that all the other wing-nut candidates have bowed out”
    where have you been? they have not all bowed out. the GOP nomination would automatically go to Ron Paul IF Romney did commit a felony.

  6. Take a gander over to Fox Nation and read how many people believe his lies and support him. Be careful though…reading Fox Nation posts will make you sick. I use it as a diet program…5 minutes and I lose my appetite.

  7. Maybe he can plead the 5th on releasing his tax returns! When you have taken both sides of an issue, self incrimination, never enters into the minds of the offending liar!

  8. I truly believe that Willard Romney’s sense of entitlement includes not having to answer tough questions about anything he has said or done. He is learning the hard way that that doesn’t work in running for a political office, least of all the presidency. He is testy, thin-skinned, and defensive whenever he is put on the spot, and his “campaign,” such as it is, consists only of denigrating President Obama with no solutions of his own.

  9. Look folks Romney is dead in the water. He can not get the Independent vote in the first place and by the time the general election comes around Obama will cut him to shreds. The guy has told too many lies and Obama will kill him in the general election. For all of you true Romney Delegates. By rule 38 and 37,(seciton B) of the RNC you can abstain from voting on the first round or you can just vote for who ever you choose. Would not Ron Paul be better than Obama? All the polls show that RP can get more Independent votes than Obama. RP can beat Obama. So why would we want to go with Romney who we know will get beat in the general election. Don’t know about you all but I will take RP over Obama any day. Just a thoght.

  10. Try this one on for size. He got four, count them four draft deferments from Vietnam and then he had the gall to say he never did anything to stay out of Vietnam and that he wished he could have been there with the young men. Hell I was there why did he not come on over and join me. My family was not rich and I had no way of staying out of that so called hell hole CONFLICT. I wish he had been in that leech infested jungle with me. I can just see him crying for his Mommy now. You piece of inhuman being. You Corporate Raider. Born with a silver spoon in your mouth.

  11. I don’t know which would be a quicker way to kiss our freedom goodbye- voting for Romney or for Ron Paul (who is a documented dominionist).

  12. Will you STOP trying to get people to throw away their vote? Ron Paul is worse than Romney in some ways!

  13. Republican Party is this what you want? If so stick with Romney and you will surly get it. All out Civil War. Ron Paul is our only hope.
    “Trust in the Lord with all your heart”
    > Could 2012 be America’s Last Presidential Election?
    > By Michael Savage
    > I’ve asked this question to a number of people and most of them
    > respond as if I were crazy. They tell me that this is America, land of
    > the free, and that there will always be elections. I tell them that we
    > are no longer the land of the free and that if Obama gets re-elected
    > in 2012 that this just may be America’s last election.
    > In the past three years, the Obama administration has been very
    > carefully crafting the nation for a political take over by his Marxist
    > regime and this isn’t just my opinion.
    > Popular radio talk show host (of the Savage Nation on the Talk Radio
    > Network), Michael Savage, is the son of Russian immigrants and is very
    > familiar with Soviet and European history. Savage warned his listeners
    > this week saying, “I have to tell you that if this man, God forbid, is
    > the next president of the United States, we’re going to be living in
    > something along the lines of – people say – Europe. I don’t believe
    > it’s going to be like Europe – I think it will be closer to Chavez’s
    > South American dictatorship.
    > “This is the most corrupt, incompetent, dangerous tyrannical
    > administration in American history. It’s not politics as usual. It’s
    > not just Democrats versus Republicans. Obama has a long history of
    > being at odds with American values and with America itself and the
    > core principles of this country. They don’t want government-sponsored
    > opinions. They only want government-sponsored ‘Pravda.’ That’s exactly
    > what the government-media complex tells you on a daily basis – nothing
    > but the government-media complex party line. Pay attention! Your
    > freedom may be at stake!
    > Former Republican presidential candidate Rick Santorum told a small
    > group of people in an Iowa coffee house that “Barack Obama is not
    > incompetent, ladies and gentleman. He knows exactly what he’s doing
    > and why he’s doing it. He sees America differently than you see
    > America.”
    > [Obama] has gone out of his way to divide this country in a way I
    > haven’t seen since the Great Depression when Franklin Roosevelt went
    > around to divide his country. That’s his hero. What makes America
    > great [in Obama’s mind] is that the government takes money from
    > somebody and gives it to somebody else. No, that’s what makes America,
    > France.
    > “With his control over the Executive and Judicial branches of the
    > government, the stage is set for a complete takeover of the
    > government. Think about it! Since taking office, instead of helping
    > the economy, Obama has purposely escalated the economic crisis by
    > plunging the country into unprecedented debt. He has a number of
    > programs that are designed to go into effect in January 2013 , just in
    > time for his second term of office. The economic burden and increased
    > taxes on everyone will be enough to cause the final economic collapse
    > of the country. As soon as that happens, Obama declares Martial Law
    > and assumes dictatorial control of the nation.
    > The Department of Justice has already been subverting federal laws to
    > strip us of a number of freedoms. The Supreme Court and many of the
    > other federal courts have been seeded with socialistic liberal judges
    > that will rule in Obama’s favor on virtually anything, thus ending
    > constitutional rule and law.
    > He’s already changing the face of America’s military. Allowing
    > homosexuals to openly serve along with changing the retirement program
    > is causing many conservative military leaders to resign commissions
    > and leave the military. Some Pentagon officials are also noting that
    > an increase in the enlistment of radical Muslims into the US military
    > where they get all the training they need on weapons and defense
    > systems. We have no idea how many of them there are in the armed
    > forces or in what positions they may hold.
    > Obama has been wielding executive powers this past year as if he were
    > already a dictator. When Congress is not doing his bidding, he simply
    > bypasses them and uses an executive order to accomplish it anyway.
    > This has set the stage for his disbandment of Congress. He would not
    > be the first world leader to take control of a nation and disband the
    > legislative branch of government.
    > He has been effectively using the media to anesthetize the public to
    > the dangers he poses. Like a patient being prepped for surgery, people
    > are numb to the changes and won’t have a clue what took place until
    > they wake up in recovery and realize that free America has been
    > removed and replaced with a regime that may parallel those of Stalin,
    > Lenin, Mussolini, Hitler, Chavez and Castro.
    > For the sake of our children and grandchildren, I earnestly pray that
    > we are spared from what seems a certain future and that Obama is
    > overwhelmingly defeated in 2012. Otherwise, heaven help us.
    > OBAMA MUST BE DEFEATED IN 2012! A vote in the right direction will be
    > a vote on our future freedom and the economy.

  14. Yowsa. That’s some crazy there. You claim this isn’t just “your opinion” and then you back it up with Michael Savage, who is banned in the UK for violating hate speech laws. So, your entire email spam is based on the opinion of a person who is banned for hate speech. No, that doesn’t lend credence to your opinion.

    Your “facts” cited re a takeover and Marxist regime are quite simply insane and don’t align with the facts. Another commenter already schooled these same exact talking points (aka, spam) earlier so I won’t waste my time. Point in fact, if Obama were really going around Congress, he would have funded the closure of Gitmo that Congress is holding up after his executive order to close it. He would have passed his jobs bill that Republicans refuse to pass.

    You’ve already been told this, but it’s like you’re allergic to information and facts. Why are you repeating debunked lies?

    Do not fill up the comment section with right wing email spam. Voice your opinion in your own words or else you’re just a Savage drone.

  15. Micheal Savage eh? LOL

    How funny that the people who think the GOP is going to help them will find out they are simply fodder for the republicans

    Even funnier that people suck up this kind of idiocy with no knowledge of what former presidents have done when they have done far more than Obama against us

    Funnier yet is the socialist supreme court! How freaking funny! The court is conservative and again, people suck this crap up

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