Did Mitt Romney Commit a Felony?

Saturday, July 14, 2012

With the ongoing palaver over the exact date of Mitt Romney’s exit from Bain, the Romney team insists the republican candidate completely separated from the private equity firm in February 1999.

But evidence based on Securities and Exchange documents suggest Mitt Romney was involved with Bain as late as 2002, continuing to maintain ownership of the firm, its various entities and profiting from it.

Romney has pushed back hard against charges he was responsible for post-February 1999 Bain deals that resulted in bankruptcies and outsourcing and the demise of American jobs. But there is another, more serious reason the Romney crew needs to worry about the controversy: Mitt Romney may have made false statements on a federal financial disclosure forms, and in doing so, is now exposed to charges he committed a felony punishable by up to one year of imprisonment and a $50,000 fine.

SOURCE: Mother Jones

About these ads
This entry was posted in 2012 Election, Lying Republicans, Mitt Romney, News, Politics and tagged , , , , . Bookmark the permalink.

20 Responses to Did Mitt Romney Commit a Felony?

  1. Joe in Colorado says:

    Eric Holder doesn’t have the cajones to go after the Wall Street bankers who nearly brought down this country in 2007 and 2008. It seems highly unlikely he would target President Obama’s republican opponent in an election cycle. In America, the higher you rise and the richer you become, the more you can get away with.

  2. feminazi says:

    Would explain Romney’s refusal to release more than one year’s worth of income taxes. If there is a paper chain showing income from Bain in 2000, 2001, 2002, 2003, then not only did Romney lie to the American people, means he lied to the SEC.

  3. The Real Adam says:

    Mitt Romney has network of off-shore tax haven accounts.

    If someone wanted to take the time and exert the energy, I think those accounts could reveal where he places monies from Bain earned after 1999. This man is a mystery. Romney’s far from on open book.

  4. Matteo says:

    Liar, Liar, Magic Underwear on Fire.

    Mitt Romney’s Shifting Bain Story
    http://politicker.com/2012/07/romney-bain/

    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.

  5. Rachel says:

    Why would anyone vote for Mitt Romney? This isn’t a rhetorical question. He’s a creep.

  6. Bill Hussein O'Reilly says:

    Why would anyone vote for Mitt Romney?

    Especially in Massachusetts. One of life’s great mysteries. Are there Mormons in Boston living in polygamous marriages we didn’t know about?

  7. Harry says:

    Those missing four years, 1999 to 2002, will dog Willard all the way to the election.

  8. panasit says:

    Mitt Romney is utterly delusional. He actually thinks the President of the United States, Barack Obama, owes him an apology for questioning Romney’s ties to Bain Capital. Maybe Romney is accustomed to people kissing his ass so Mr. Obama is no different? Mitt Romney thinks he’s the King of the Universe. He’s not even the King of the GOP.

  9. Estacada says:

    Mitt Romney now says he will release two years of tax returns. Years 2011 and 2010.

    The problem is, neither filing year 2011 or 2010 addresses the four missing years, 1999, 2000, 2001 and 2002, that contradict the SEC filing statement claiming Romney severed his ties to Bain in 1999.

  10. Seabec says:

    On a brighter note, at least Willard hasn’t asked President Obama to be his caddy?

  11. Peace Nick says:

    Romney is a complete and utter disaster. He’s worse than New Coke.

    I was thinking. Is it too late for the RNC to replace him? I mean, surely there is somebody in their party ready, willing and able to challenge President Obama in November? If not, the Republicans had better prepare to lose on Nov. 6, 2012 and lose badly.

  12. joost says:

    The DoJ won’t prosecute Mittens. Hell, Eric Holder is afraid to go after the Wall Street bankers who caused the worst recession since the Great Depression. Wall Street is like the mob and the DoJ is as toothless as an old man in a nursing home who neglected his teeth.

  13. DMason says:

    Mittens seems to have had some practice at putting on rubber gloves? I bet he’s a real freak.

  14. Fran says:

    $50,000 bucks– hell, that’s pocket change to Romney.
    I’m all for Mitt Romney for President– of the Cayman Islands (where he keeps his money!)
    * Actually the Cayman Islands are a British Overseas Territory & don’t have a president– but Governor is the equivalent.
    Romney for Guvnah of the Cayman Islands!!!

  15. Adirondacky says:

    If Willard lied on his SEC statement, then it’s a crime — period. Bitch slap me and call me Sally but isn’t the FBI charged with vetting these candidates?

  16. ChiTOM says:

    “….but isn’t the FBI charged with vetting these candidates?”

    Yes Sir. This is the FBI’s area of expertise. Maybe the bureau was too busy scoring hookers in Colombia to actually do its job and properly vet Romney?

  17. Ajay Jain says:

    On Friday the 13th (7/13/2012) the very illusive Mitt Romney gave very defensive interviews to all FIVE networks on a single day at once!! Just a few days ago Mitt Romney said to FOX News that explaining means that you are WEAK. So his five interviews “explaining” his time at Bain were signs of his weakness!!

    Presidential Candidate Mr. Mitt Romney maybe feeling the heat on his role in BAIN Capital, his business experience which was supposed to be his sole criteria for creating jobs and his greatest qualification for running for the American Presidency in the current economy in 2012!

    However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital.

    Mitt Romney can not just share the good like job creation from 1999 to 2002 and leave the ugly like Bankruptcies and layoffs behind as if he had nothing to do about them from 1999 to 2002.

    If he really wanted to disassociate himself from Bain Capital he could have resigned and sold all his shares in Bain Capital in February 1999 then it would have been a different matter but to share in the glory of Bain’s job creation accept a salary of $100,000 or MORE (where are the Tax Returns?) for three years and only to refuse to take the responsibility of Bankruptcies and layoffs on his WATCH (1999-2002) is trying to have it both ways and then complaining of playing politics having been caught with his hand in the proverbial Cookie Jar that is the very essence of an ACTIVE LEGAL ROLE in Bain Capital till 2002!! Was Romney getting $100,000.00 or more to do NOTHING for BAIN Capital???

    Mitt Romney will have to face the consequences of this leaving Bain “lie” that Mitt Romney has brought on upon himself. If we keep reminding the Romney campaign of the Bain exit lie and Romney’s ill effects on workers robbing them of their hard earned salaries and life long benefits all the way to November then 7/13/2012 (FRIDAY the 13th) will go down as the turning point of the 2012 Presidential election!

  18. Ajay Jain says:

    Two Faced Willard

    Two-Faced Willard

    “I was not responsible for what happened at Bain Capital” – Mitt Romney
    “I was the Sole shareholder, Sole director, Chief executive officer and President of Bain” – Mitt Romney

    “The Arizona immigration policy is a good model” – Mitt Romney
    “I didn’t really support the Arizona immigration policy” – Mitt Romney

    “The Massachusetts healthcare plan should be a model for the nation” – Mitt Romney
    “Healthcare reform should be left to the states” – Mitt Romney

    “Let Detroit go bankrupt” -Mitt Romney
    “I’ll take a lot of credit for saving the auto industry” -Mitt Romney

    “I believe Roe v Wade has gone too far.” – Mitt Romney
    “Roe v Wade has been the law for 20 years we should sustain and support it.” – Mitt Romney

    “I respect and will protect a woman’s right to choose.” – Mitt Romney
    “I never really called myself pro-choice.” – Mitt Romney

    “It was not my desire to go off and serve in Vietnam.” – Mitt Romney
    “I longed in many respects to actually be in Vietnam and represent our country there.” – Mitt Romney

    “I’m not trying to return to Reagan-Bush.” – Mitt Romney
    “Ronald Reagan is… my hero.” – Mitt Romney

    “I think the minimum wage ought to keep pace with inflation.” – Mitt Romney
    “There’s no question raising the minimum wage excessively causes a loss of jobs.” – Mitt Romney

    “I saw my father march with Martin Luther King.” – Mitt Romney
    “I did not see it with my own eyes.” – Mitt Romney

    “I would like to have campaign spending limits.” – Mitt Romney
    “The American people should be free to advocate for their candidates without burdensome limitations.” – Mitt Romney

    “I supported the assault weapon ban.” – Mitt Romney
    “I don’t support any gun control legislation.” – Mitt Romney

  19. Ajay Jain says:

    Republicans betrayed their own conscience when they went against established Republican principles like the MANDATE over healthcare which was a Heritage foundation issue popularized by Gingrich.

    Obama did more than his share to UNITE but the Republicans were out to oppose for opposing sake and not following any policy or principles. In the famous words of Minority Senate Leader Mitch McConnell the Republicans were out to defeat the Obama agenda even if it went against established Republican policies set by past precedent.

    Mitch McConnell was out to make sure that President Obama remains a one term President and see where it has brought the Congress and its public esteem.

    Gingrich out of his own admission was out to defeat Obama from the day he was sworn in as President.

    You can not justify the Republicans as the “loyal” opposition as is the case in most mature democracies. They have been out to get President Obama by hook or by crook. A leader can meet the opposition half way but can not fold completely to their whims and fantasies like that of the current Tea Party affiliates.

    Republicans will loose in 2012 just like they did in 2008 but with a smaller margin because of the dark money of Billionaires due to Citizens United verdict of the right wing Supreme Court.

  20. Ajay Jain says:

    “Given the precedent set by past seven Presidents and Presidential candidates of releasing multi-year tax returns why is Romney making an exception?” Because he has a lot to hide, apparently.

    He’s the only one that knows what’s in there, and apparently he’s made the judgement that he’s better off having us suspect the worst, rather than us knowing whats in there, which apparently in his mind is worse than anything we’re likely to imagine.

    Possibilities include:

    (1) He ended up with 120 million in his 401K by the trick of agreeing with Bain to grossly undervalue the market value of his stock, then a few years later have the stock get unvalued to the stratosphere.

    (2) He participated in the tax avoidance amnesty program of a few years back, avoiding major tax penalties or prosecution.

    (3) Any one or more of the other borderline legal but very bad smelling tax dodges– “in-kind” trades, “no-risk” trades, no-risk write-offs, the list is almost endless.

    And BTW he HASNT even released all of his 2010 return, he very conveniently left off the foreign investments and deposits form. Very convenient.

    And his argument that it would be “bothersome” to collect the tax data is a crock too– he supposedly collected 23 years of the stuff to show to McCain in 2008.
    Ajay Jain===================================================================================

    Republicans betrayed their own conscience when they went against established Republican principles like the MANDATE over healthcare which was a Heritage foundation issue popularized by Gingrich.

    Obama did more than his share to UNITE but the Republicans were out to oppose for opposing sake and not following any policy or principles. In the famous words of Minority Senate Leader Mitch McConnell the Republicans were out to defeat the Obama agenda even if it went against established Republican policies set by past precedent.

    Mitch McConnell was out to make sure that President Obama remains a one term President and see where it has brought the Congress and its public esteem.

    Gingrich out of his own admission was out to defeat Obama from the day he was sworn in as President.

    You can not justify the Republicans as the “loyal” opposition as is the case in most mature democracies. They have been out to get President Obama by hook or by crook. A leader can meet the opposition half way but can not fold completely to their whims and fantasies like that of the current Tea Party affiliates.

    Republicans will loose in 2012 just like they did in 2008 but with a smaller margin because of the dark money of Billionaires due to Citizens United verdict of the right wing Supreme Court.

    ======================================================================================

    ” … Mitt Romney senior adviser Ed Gillespie said Sunday on CNN’s “State of the Union” the GOP candidate “retroactively” retired from Bain Capital after the 2002 Salt Lake City Olympics began. … ”

    No body who has been drawing at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital “retroactively” retires from Bain Capital AFTER the 2002!!! Then why draw the salary of at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital if Romney retired from Bain “retroactively” !!!

    ” … Gillespie continued, “He took a leave of absence and, in fact, Candy, he ended up not going back at all and retired retroactively to February of 1999 as a result.” … ”

    However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is also shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital. Then to run for Governor of MA Romney sought residency of MA by lieu of his Bain positions. Now either Romney was at the Olympics OR he was at BAIN.

    Only one can be true not BOTH at the same time simultaneously!!! Will the true Willard Mitt Romney stand up and accept ONE thing? Does Romney want to accept untrue SEC filings and be called a Felon or agree that he represented Bain from 1999 to 2002?

    =========================================================================================

    On Friday the 13th (7/13/2012) the very illusive Mitt Romney gave very defensive interviews to all FIVE networks on a single day at once!! Just a few days ago Mitt Romney said to FOX News that explaining means that you are WEAK. So his five interviews “explaining” his time at Bain were signs of his weakness!!

    Presidential Candidate Mr. Mitt Romney maybe feeling the heat on his role in BAIN Capital, his business experience which was supposed to be his sole criteria for creating jobs and his greatest qualification for running for the American Presidency in the current economy in 2012!

    However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital.

    Mitt Romney can not just share the good like job creation from 1999 to 2002 and leave the ugly like Bankruptcies and layoffs behind as if he had nothing to do about them from 1999 to 2002.

    If he really wanted to disassociate himself from Bain Capital he could have resigned and sold all his shares in Bain Capital in February 1999 then it would have been a different matter but to share in the glory of Bain’s job creation accept a salary of $100,000 or MORE (where are the Tax Returns?) for three years and only to refuse to take the responsibility of Bankruptcies and layoffs on his WATCH (1999-2002) is trying to have it both ways and then complaining of playing politics having been caught with his hand in the proverbial Cookie Jar that is the very essence of an ACTIVE LEGAL ROLE in Bain Capital till 2002!! Was Romney getting $100,000.00 or more to do NOTHING for BAIN Capital???

    Mitt Romney will have to face the consequences of this leaving Bain “lie” that Mitt Romney has brought on upon himself. If we keep reminding the Romney campaign of the Bain exit lie and Romney’s ill effects on workers robbing them of their hard earned salaries and life long benefits all the way to November then 7/13/2012 (FRIDAY the 13th) will go down as the turning point of the 2012 Presidential election!

    ===========================================================================================

    Two-Faced Willard

    “I was not responsible for what happened at Bain Capital” – Mitt Romney
    “I was the Sole shareholder, Sole director, Chief executive officer and President of Bain” – Mitt Romney

    “The Arizona immigration policy is a good model” – Mitt Romney
    “I didn’t really support the Arizona immigration policy” – Mitt Romney

    “The Massachusetts healthcare plan should be a model for the nation” – Mitt Romney
    “Healthcare reform should be left to the states” – Mitt Romney

    “Let Detroit go bankrupt” -Mitt Romney
    “I’ll take a lot of credit for saving the auto industry” -Mitt Romney

    “I believe Roe v Wade has gone too far.” – Mitt Romney
    “Roe v Wade has been the law for 20 years we should sustain and support it.” – Mitt Romney

    “I respect and will protect a woman’s right to choose.” – Mitt Romney
    “I never really called myself pro-choice.” – Mitt Romney

    “It was not my desire to go off and serve in Vietnam.” – Mitt Romney
    “I longed in many respects to actually be in Vietnam and represent our country there.” – Mitt Romney

    “I’m not trying to return to Reagan-Bush.” – Mitt Romney
    “Ronald Reagan is… my hero.” – Mitt Romney

    “I think the minimum wage ought to keep pace with inflation.” – Mitt Romney
    “There’s no question raising the minimum wage excessively causes a loss of jobs.” – Mitt Romney

    “I saw my father march with Martin Luther King.” – Mitt Romney
    “I did not see it with my own eyes.” – Mitt Romney

    “I would like to have campaign spending limits.” – Mitt Romney
    “The American people should be free to advocate for their candidates without burdensome limitations.” – Mitt Romney

    “I supported the assault weapon ban.” – Mitt Romney
    “I don’t support any gun control legislation.” – Mitt Romney

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s