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Sunday, July 15, 2012

Why Bain Won't Go Away

      Yes, Bain has become the Bain of Mitt Romney's existence. Nothing that he did on Friday night's interviews has solved his Bain problem. What he did was raise new questions. As Michael Steele put it, he not only failed to close any doors but he opened a few new ones too.

      "Unfortunately for the Romney Campaign, The slew of TV interviews did little to satisfy the media. In times of crisis, a strong candidate will come up with answers that satisfy the basic questions surround the controversy and will make people want to move on to another subject. Romney, however, could not seem to come up with basic messages that resolved the controversies. Many of his answers seemed evasive or overly legalistic. The biggest problem for Romney is that all of his interviews have only increased the questions that political observers, voters and the media have regarding he subject of Bain Capital."

      http://www.forbes.com/sites/tjwalker/2012/07/14/35-questions-mitt-romney-must-answer-about-bain-capital-before-the-issue-can-go-away/

      The above link is a very good piece. TJ Walker lists 35 questions Mitt Romney needs to answer to make this go away. Yes,, 35! There are a lot of good ones on the list.

     Number one is a good place to start:

     "Are you contending that an individual can simultaneously be the CEO, president, managing director of a company, and its sole stockholder and somehow be “disassociated” from the company or accurately classified as someone not having “any” formal involvement with a company?"

     It really defies logic as does so much else Mitt Romney would have us believe. Another good question-of course they're all good-is number five:

   "You earned at least $100,000 as an executive from Bain in 2001 and 2002, separate from investment earnings according to filings with State of Massachusetts. Can you give an example of anyone else you personally know getting a six figure income, not dividend or investment return, but actual income, from a company they had nothing to do with?"

   And number 6:

   " What did you do for this $100,000 salary you earned from Bain in both 2000 and 2001?"



      Again, as we've suggested in previous posts, this is not a peripheral issue nor is it diversionary. The President is not raising these questions to distract from the economy. This is what the Sunday shows like David Gregory-one over Krugman's Very Serious People (VSP)-tried to claim, that the Bain issue is trivial.

      No, it's not. In fact, right now it is the only non-trivial thing that Mitt Romney can talk about. Any subject he tries to bring up to change the subject is what's trivial. You don't get to ask the American people to select you for President of the United States if you haven't made your tax returns public. Think of it as an interview. Mr. Romney is stalling; he may think he's clever in trying to stonewall but it's hist time he's wasting.
 
     As Walker suggests, this issue does not go away till he submits many years of tax returns. How many should he submit? Well the President submitted 8 years. His father, George Romney, submitted 12 years when he ran for President. When Romney was hoping for McCain to pick him for Veep in 2008 he submitted 21 years.

     I don't see that John McCain is 10 times more important than the nation's voters, do you? Bottom line: If he doesn't show us his taxes he doesn't get to be President. That simple. He doesn't even get to talk about it. Even Bill Kristol says Romney's crazy not to release his tax returns.

    http://www.politico.com/blogs/politico-live/2012/07/kristol-romney-crazy-not-to-release-tax-returns-128958.html

      Yes. He must be either crazy-or really have something very major to hide. Which is it? Only the Governor can answer these questions. He can't cheat us by not answering, just himself as the clock is ticking and there are under 4 months left. Like Rick Perry said prophetically back in January when he tried to get Mitt Romney to release his taxes, the GOP can't change horses in September.

     If Romney keeps his promise he made last Friday night to not release his tax returns, he will be even more tied up in knots over this issue than he is now. By a mile. Stonewalling will not work, Governor. What's it going to be?

    

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