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Romney's Bain Excuse: He Retired Retroactively
posted by Ed Staff | Sunday, July 15, 2012

Mitt Romney has claimed he's not responsible for the outsourcing activities of his former company, Bain Capital, because he retired in 1999. Now that SEC filings have come to light which show Romney to be the sole stockholder and CEO of Bain as late as 2002, the Romney campaign has been forced to come up with other explanations.

Watch Romney advisor Ed Gillespie try to formulate a new explanation on Meet The Press, that Romney retired "retroactively."

9 Comment(s) |  Permalink


comments  Comment(s)
Puyallup Girl
7/16/2012 7:54:22 PM
It's just more foam coming out of their mouths!!!
Mr. Fargo
7/16/2012 6:50:51 PM
MItt still cashes in the Checks from the outsourcing of American Jobs overseas!!!!!!!! He is still profiting off of American losses!!!!!!!!!!!
miblue
7/16/2012 4:14:38 PM
Mitt should withdraw his candidacy retroactively. He would be ok had he invested in America and created jobs here but everyone knows he created jobs elsewhere and invested his profits in Switzerland, Cayman, and Bermuda - all the notorious tax evasion havens. He may as well name a Saudi prince as his VP nomination.
nylip
7/16/2012 3:09:33 PM
If you retire retroactively, are you required to return any compensation or benefits you received during that period? Is there a statute of limitations on this? If Romney did not return the money (almost immediately), then he was employed during that period.nylip
Mr. Fargo
7/16/2012 2:18:10 PM
Where were the Olympic Uniforms made while Mitt was in charge of the Olympics????.....they were outsourced too.
Mr. Fargo
7/16/2012 2:17:13 PM
Mitt kept getting a paycheck from Bain Capital while Bain was busy shipping American jobs overseas........in fact Mitt is still getting a Bain paycheck.
Rob, Oregon
7/16/2012 10:43:11 AM
I agree Linda. That's some quality B.S. right there.
Linda S Houston
7/16/2012 7:19:20 AM
Biggest BS line of the campaign so far. Is that like Rick Perry collecting retirement and his salary at the same time? And state law is allowing him to do it and kill Medicaid at the same time.

How much did Romney pay this guy to come up with this ridiculous analogy?
John, Los Angeles
7/15/2012 11:26:53 PM
Squirm, squirm, squirm, squirm, squirm, squirm ...


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