July 15, 2012
demnewswire: One of Mitt Romney’s few consistencies has been his claim that he holds no responsibility for the bankruptcies, layoffs, and outsourcing that took place under his firm, Bain Capital, after February 1999. He has said, over and over again, that he severed ties with Bain in February 1999. But it’s not true. The Boston Globe reported yesterday that Romney continued as the firm’s president and CEO, remained on the payroll, and signed government documents representing himself as the head of Bain—and they have the SEC filings to prove it. There’s more. In 2002, Romney testified that he was still attending board meeting for Bain companies. Here’s what he said—under oath: “There were a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving, and so forth. I remained on the board of the Staples Corporation and Marriott International, the LifeLike Corporation. I returned for most of those meetings. Others I attended by telephone if I could not return.” That means as the top guy at Bain Capital, Romney is indeed responsible for costing 1,500 middle-class workers at Ampad their livelihoods in 2001—and 750 workers their jobs at GS Industries in 2001. When Stream International chose, in 2000, not to open call centers in the United States in favor of opening one in India, Romney bore responsibility—just as he bears responsibility for the jobs Modus Media cut in California to expand jobs in countries like China and the nearly 430 jobs SMTC sent from Denver to Mexico. Refuting it would mean that Romney deliberately misled the U.S. Securities and Exchange Commission—and that is not a sign of leadership either.

demnewswire:

One of Mitt Romney’s few consistencies has been his claim that he holds no responsibility for the bankruptcies, layoffs, and outsourcing that took place under his firm, Bain Capital, after February 1999. He has said, over and over again, that he severed ties with Bain in February 1999.

But it’s not true.

The Boston Globe reported yesterday that Romney continued as the firm’s president and CEO, remained on the payroll, and signed government documents representing himself as the head of Bain—and they have the SEC filings to prove it.

There’s more. In 2002, Romney testified that he was still attending board meeting for Bain companies. Here’s what he said—under oath: “There were a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving, and so forth. I remained on the board of the Staples Corporation and Marriott International, the LifeLike Corporation. I returned for most of those meetings. Others I attended by telephone if I could not return.”

That means as the top guy at Bain Capital, Romney is indeed responsible for costing 1,500 middle-class workers at Ampad their livelihoods in 2001—and 750 workers their jobs at GS Industries in 2001. When Stream International chose, in 2000, not to open call centers in the United States in favor of opening one in India, Romney bore responsibility—just as he bears responsibility for the jobs Modus Media cut in California to expand jobs in countries like China and the nearly 430 jobs SMTC sent from Denver to Mexico.

Refuting it would mean that Romney deliberately misled the U.S. Securities and Exchange Commission—and that is not a sign of leadership either.

(via reagan-was-a-horrible-president)

11:03pm  |   URL: http://tmblr.co/Z44PGyPRlN0y
(Notes: 180)
  
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    I tell you, Mitt Romney is dishonest like John McCain is old.
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