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Jul 19 2012

Romney: Transparency for Thee, Not for Me

Mitt Romney, in 1994: “It’s time the biggest-taxing senator in Washington shows the people of Massachusetts how much he pays in taxes.”

Mitt Romney, also in 1994: “The blind trust is an age-old ruse.”

Well isn’t that convenient?

16 comments

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  1. 1
    slc1

    Ah yes, Mitt Romney with his Swiss bank accounts and his Cayman Island investments.

  2. 2
    machintelligence

    But that was then and this is now. */snark*

  3. 3
    d cwilson

    Mitt Romney is an opposition researcher’s dream. I don’t think he’s ever made a statement that didn’t contradict something he said earlier.

  4. 4
    Konradius

    Sounds like a standard etch-a-sketch operation.

  5. 5
    Raging Bee

    This is the same spineless upper-class twit who called himself the CEO, sole shareholder, and managing director of a company, and then said he never actually did any of the work associated with those titles. I’m sure that sort of “leadership” will go over really well with the North Koreans, Iranians, and Chinese.

    (Didn’t the Enron and BP folks say much the same thing when their brilliant business plans turned out to be crap?)

  6. 6
    daved

    This is the same spineless upper-class twit who called himself the CEO, sole shareholder, and managing director of a company, and then said he never actually did any of the work associated with those titles.

    Despite not doing any of the work, however, he was being paid $100K per year. Why can’t I find a job like that?

  7. 7
    Zinc Avenger (Sarcasm Tags 3.0 Compliant)

    No, that just isn’t the same Romney. He doesn’t sleep, he is broken down for nutrients to feed to the next pod-clone.

  8. 8
    slc1

    Here’s some revelations about the original backers of Bain who Romney recruited.

    1. Jack Lyons

    The first outside investor in Bain was a leading London financier, Sir Jack Lyons, who made a $2.5-million investment through a Panama shell company set up by a Swiss money manager, further shielding his identity. Years later, Lyons was convicted in an unrelated stock fraud scandal ….

    Records show the first investment in Bain Capital — $1.25 million in June 1984 — was in the name of Jean Overseas Ltd., registered in Panama by Marcel Elfen, a Swiss money manager. Later, the investment was doubled.

    The Panamanian shell company apparently was a vehicle for Lyons, the British businessman and philanthropist. Lyons died in 2008 …

    Jack Lyons worked as an outside consultant for Bain & Co., but that ended when he and three others were charged in the Guinness Affair, a stock scandal that rocked Britain. Convicted of fraud in 1990, he was spared prison time due to his failing health, but was stripped of his knighthood.

    2. Robert Maxwell

    Other early investors included Robert Maxwell, the British publishing baron, who invested $2 million. After his drowning death in 1991, investigators discovered Maxwell had stolen hundreds of millions of dollars from his company’s pension funds.

    3. Francisco De Sola

    Among the Bain investors were Francisco R.R. de Sola and his cousin Herbert Arturo de Sola, whose brother Orlando de Sola was suspected by State Department officials and the CIA of backing the right-wing death squads, according to now-declassified documents.

    Orlando de Sola, who has denied supporting the death squads, is now serving a four-year prison term for unrelated fraud charges. In an interview at the prison in Metapan, El Salvador, he said he did not benefit from the family investment in Bain Capital.

    The old saw, he who gets down into the pen with the pigs may expect to emerge with a coating of mud. By this time, it should be obvious that Romney is a scumbag.

    http://www.theatlantic.com/politics/archive/2012/07/bain-capitals-most-notable-foreign-founding-investors/260050/

    http://www.latimes.com/news/nationworld/nation/la-na-bain-creation-20120719,0,192124.story

  9. 9
    zippythepinhead

    Konradius@4: Yes, the real etch-a-sketch joke is that they don’t just shake the etch-a-sketch at the end of the primaries, they shake the etch-a-sketch every day, or maybe every time Romney speaks.

  10. 10
    fifthdentist

    @ machintelligence, I seem to remember a huge Clinton “scandal” of some money from furriners, or maybe even Chinese people, going to his campaign. Now the Rethugs are preventing any transparency for super PACS that could be accepting foeeign donations.

    zippythepinhead, sometimes they shake it durinf the MIDDLE of his speech.

  11. 11
    Michael Heath

    daved writes:

    Despite not doing any of the work, however, he was being paid $100K per year. Why can’t I find a job like that?

    We don’t know how much Bain Capital was paying Mitt Romney from ’99 – ’02, only that it was at least $100,000 per year.

  12. 12
    Modusoperandi

    Raging Bee “This is the same spineless upper-class twit who called himself the CEO, sole shareholder, and managing director of a company, and then said he never actually did any of the work associated with those titles.”
    The Meritocracy®

    daved “Despite not doing any of the work, however, he was being paid $100K per year. Why can’t I find a job like that?”
    That’s because you’re a parasite. You’re the grasshopped, whiling away the days, while he’s an ant, not working hard, whiling away your days for you.

  13. 13
    Craig Pennington

    Michael Heath says:

    daved writes:

    Despite not doing any of the work, however, he was being paid $100K per year. Why can’t I find a job like that?

    We don’t know how much Bain Capital was paying Mitt Romney from ’99 – ’02, only that it was at least $100,000 per year.

    That’s one of the things that I think is hiding in Mitt’s tax returns — exactly how much “at least $100,000″ amounted to before he retroactively retired from Bain Capital. I suspect very strongly that if and when he releases more tax returns, they won’t go back to tax year 2002.

  14. 14
    Marcus Ranum

    Yes, the real etch-a-sketch joke is that they don’t just shake the etch-a-sketch at the end of the primaries, they shake the etch-a-sketch every day, or maybe every time Romney speaks.

    No, excuse me, they have someone to shake it for them. Probably a butler in white gloves. They tried putting it on the hood of the Rolls but the engine doesn’t vibrate enough to shake the etch-a-sketch…

  15. 15
    Marcus Ranum

    We don’t know how much Bain Capital was paying Mitt Romney from ’99 – ’02, only that it was at least $100,000 per year.

    The “how much he was being paid” is a joke, anyway. As the main/sole shareholder, the real ‘pay’ he is getting is in the form of the increase in stock value of his shares — which is much much more than the $100,000 or whatever he also pocketed.

  16. 16
    Craig Pennington

    Marcus Ranum says:

    The “how much he was being paid” is a joke, anyway. As the main/sole shareholder, the real ‘pay’ he is getting is in the form of the increase in stock value of his shares — which is much much more than the $100,000 or whatever he also pocketed.

    The at least $100,000. And the reason it’s important is that it is his compensation as CEO — he is being paid to do a job. His income as sole investor implies passivity. His whole whine is that he was not involved in sending jobs overseas and directing risky borrowing that banrupted several companies while making Bain Capital lots of money, yet he was drawing at least six figures for a job that implies involvement.

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