Friday, July 13, 2012

Romney Lies - Again! This Time it May be a Crime

Oh it's going to be repeated over and over, but how can you avoid it when it's the truth.  Mitt Romney lies.  And I know there are those who will say, "all politicians lie", but not like this.

Romney filed government documents that show he remained CEO of Bain Capital three years after he says he did.  Why does this matter?  Well these are SEC documents showing he was the firm's "sole stockholder, chairman of the board, chief executive officer, and president."  Meanwhile in a Massachusetts financial disclosure he filed in 2003 showed he was executive in control in 2001 and 2002.

That contradicts what the Romney campaign and Bain have been feeding to the press.  Like this one:

"Mitt Romney retired from Bain Capital in February 1999. He has had no involvement in the management or investment activities of Bain Capital, or with any of its portfolio companies, since that time."

Except according to legal documents filed with the SEC it isn't true.   A lie!

Why does this matter?  Well if someone saw the SEC filings and invested in Bain because they believed Romney was CEO then  it is deliberate misrepresentation by the company and Romney and that is not legal.

The intricacies of the lie are myriad, but the substance is simple.  Romney stayed around at Bain while it bankrupted companies and outsourced thousands of jobs.  He either maintained control of Bain Capital or he lied about it.  He lied to the SEC or to the Massachusetts Ballot Law Commission and either way it's serious.

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