Romney may have committed felony by lying about role with Bain

Copied from this link: http://www.americablog.com/2012/07/new-evidence-suggests-romney-may-have.html

Romney may have committed felony lying about role with Bain

By

John Aravosis

This is big news, as it backs up what the Obama campaign has been alleging - that Romney was still in charge of Bain when it outsourced US jobs - and this directly contradicts Factcheck.org's claim otherwise. From the Boston Globe:

It should be noted that David Corn broke this story a few weeks ago in a great piece everyone should read, though the Globe appears to have found additional disclosure forms to back up their case.

Oh but it gets worse. As Factcheck.org so graciously pointed out, if Mitt Romney lied in any federal forms about the extent of his role with Bain, Romney may have committed a felony. From Factcheck.org:

Senior Obama adviser David Axelrod has already weighed in on Twitter:

But Axelrod isn't even right about how bad this is. It's not an "either-or."

1. Romney told the SEC that he remained the firm’s "sole stockholder, chairman of the board, chief executive officer, and president" up until 2002.

2. But Romney said in a more recent financial disclosure form that he left Bain in 1999 - so the two federal forms contradict each other, at least one is a lie:

In other words, Romney lied to the federal government either way. Either to the SEC, or in his more recent financial dislocure forms. And either one appears to be a felony.

yawn.

I would imagine rich people have to perform a lot worse felonies before they can't get by with it as in Madoff making off with billion$.

However, Romney does have his defenders:

WashingtonPost
"We have never disputed that Romney remained the owner of Bain while he was running the Olympics committee. The issue always has been, who was running Bain? Nothing in the SEC documents contradicts what Romney has certified as true.

On that point, the Obama campaign cites snippets of a few news clippings to make a case that Romney was still a part-time manager of Bain after he left to run the Olympics. But a close reading shows these news accounts don’t contradict Romney either.

Fortune Magazine, July 2, 2012
Remember, Romney did not leave Bain Capital as part of a long-term, planned succession process. Instead, his departure was fairly sudden — borne of a desire to help salvage an Olympic Games that was $1.4 billion in the hole and tarred by a massive bribery scandal. The very first reports of Romney being considered for the Salt Lake City job were on Feb. 2, 1999. Just nine days later, he officially took over."

and:
http://finance.fortune.cnn.com/2012/07/12/mitt-romney-bain-exit/?iid=SF_F_River

Okay.

Axelrod is a turd, this deflect and discombobulate the naive post is likewise crap, and I'll consider it only after Obama produces a believable birth certificate.

J.W. Verrett, an attorney and economics scholar at George Washington University's Mercatus Center, also told Fox News that the original Globe report appeared to "be confused" about the SEC filings.

He noted they refer to "Bain Capital VI," which he described as an investment separate from Bain Capital itself. [emphasis added]

"Saying that Governor Romney was the CEO of Bain Capital VI is like saying that I am the CEO of my retirement account ... it's a silly bit of legalese and it doesn't also mean I am CEO of all the companies in which I invest," he said in an email.

The Associated Press contributed to this report.

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It's the economy stupid (or it should be), deflect and discombobulate is a piss poor campaign strategy and Axelrod is still a turd.

Whatever we do, let's not talk about Obama's record and the economy. Oh wait, Obama has one of if not the worst economic records in US history. Forty one months of 8%+ unemployment, increased unemployment among blacks adults. Thirty+ % unemployment among black teens. Forty % increase in food stamp distribution, deficit spending beyond all other presidents combined, and the beat goes on.

Yeah, I'm stupid, sign me up for some more of this $&*t.

Yes, but he is willing to permanentely extend the Bush tax cuts till after the election.

This Bain thing is really getting old. Are there any libs on this board actually falling for this crap?

I'm still voting for Romney. Nice try though.

It's about as old as all that birther crap.

And as factual.

Obama was born in Kenya.

As long as we're pushing things that have been debunked....

The answer to your question is yes I'm sure there is.

There have been some prominent Democrats already come out and defend Romney on this issue.

Gov. Deval Patrick (D)
Newark Mayor Cory Booker (D)

Incidentally, Booker has been tapped to serve as the co-chairman of the Democratic National Convention's Platform Committee

You know Obama is a muslim too right?

I've heard that as well. Must be true.

2nd word of the title tells me there's no bull in the arena.

Give it a month and the left will have changed 'may' to 'did'. And the sheep will believe it without question (if they don't already).