Romney's Bain Lie

[GuyPinestra]

You've not shown a damned thing that shows Romney had ties to Noriega, Panama, or El Salvador.

Nothing but smoke and mirrors. Ephemeral, kinda like your candidate.

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.

Bain Capital's Most Notable Foreign Founding Investors - Garance Franke-Ruta - The Atlantic

Bain Capital started with help of secretive international investors

Bain Capital started with help of offshore investors - Page 2 - latimes.com

---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

Jack Lyons is British, right? Not Panamanian?

Was the Panama shell corporation Jack Lyons' or Manuel Noriega's?

You got more supposition and innuendo, Dante...

 

[GuyPinestra]

You've not shown a damned thing that shows Romney had ties to Noriega, Panama, or El Salvador.

Nothing but smoke and mirrors. Ephemeral, kinda like your candidate.

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.

Bain Capital's Most Notable Foreign Founding Investors - Garance Franke-Ruta - The Atlantic

Bain Capital started with help of secretive international investors

Bain Capital started with help of offshore investors - Page 2 - latimes.com

---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

Jack Lyons was British, right? Not Panamanian?

Was the Panama shell corporation Jack Lyons' or Manuel Noriega's?

You got more supposition and innuendo, Dante...

 

[Dick Tuck]

ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

I hate to say "I told you so" - no I don't but follow the money.

Simple: follow the money

Oh, give up! The Bain trick is not working well for you idiot liberals. Obama is fuckin' toast. Pelosi appears to be a rat leaving a sinking ship.

Maybe the Dems will nominate Joe Lieberman at the convention. They'd have a better chance of winning than with the asshat Obama and his following of clowns.

It's not? Hell, Romney kicked off the campaign touting his business experience. He hardly mentions it anymore.

 

[GuyPinestra]

Like Chris, if you can't stay on topic at least stfu? If you want to speak about Jobs, that's another thread.

If Mods/Admins go to all the trouble of merging threads, the least you can do is respect the sentiment.

---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

Obama has his suckups do his overseas fundraising.

Mr. Clooney will appear at a reception for Mr. Obama on Aug. 27 in Geneva, Switzerland, according to Mr. Obama’s campaign Web site. The event will be hosted by Charles C. Adams Jr., a Geneva-based lawyer, and Matthew Barzun, the Obama campaign’s national finance chairman and a former U.S. ambassador to Sweden.

The Tribune de Genève reports that a reception for 150 people will be followed by a dinner for 50. Tickets start at $1,000, but the price goes up to $5,000 for a photo reception. A seat at the dinner table will cost $20,000 per person, or $30,000 for a couple.

This will be the second time Mr. Clooney has attended a fund-raiser for Mr. Obama in Geneva: the first, in September 2008, brought in just shy of $1 million.

That pales in comparison, of course, to the $15 million that was raised by the event that Mr. Obama attended at Mr. Clooney’s house in May.

This will not be the first Geneva-based fund-raiser for the Obama campaign this year, either. In February, Mr. Adams, who is also the co-president of Americans Abroad for Obama, held a fund-raiser at his home that featured Robert Bauer, the White House counsel.

You people do not support campaign financing so candidates and their campaigns go to where the money is -- legally.

Obama has people who are vulture capitalists like Romney giving his campaign money? Thank you conservatives who fought and continue to fight, campaign finance laws.

Obama himself has not taken a job away from an American and shipped it overseas for a shitty profit. Romney has.

---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

$36 BILLION in 'green jobs' money sent overseas by Obama. I'm thinking that's gotta be a LOT of jobs...

 

[GuyPinestra]

If our resident neocon/teabagger flunkies have deluded themselves into thinking that all this scrutiny on Mitten's dealings with Bain is just liberal witch hunting, then all they have to do is just revisit the Republican nominee debates and see what other staunch right wingers had to say about Mitten's...especially neocon sage Gingrich.

My first posts on this site were about what a Globalist NeoCon pig Newt Gingrich is, and how he's ALWAYS been that way.

IMHO, if Gingrich didn't like Mitt, all the more reason for me TO like Mitt.

I still can't bring myself to like him, but I've got a goldfish that would be better than O'Bummer.

 

[Procrustes Stretched]

Follow the money and read the linked sources. Did Romney launder money? Did Romney know the convicted criminal Noriega?

Did Romney have ties to Noriega?

Attempts to smear Romney with "I'm just asking questions" are as transparent as vodka.

Pathetic.

What? Projection again? So when right wingers keep bringing up questions about the President's education, birth, religion...its a smear campaign?

thanks for letting us in on the right wing dirty little secret. You know it's only about smearing a man you disagree with -- who beat everyone in 2008

 

[idb]

You people do not support campaign financing so candidates and their campaigns go to where the money is -- legally.

Obama has people who are vulture capitalists like Romney giving his campaign money? Thank you conservatives who fought and continue to fight, campaign finance laws.

Obama himself has not taken a job away from an American and shipped it overseas for a shitty profit. Romney has.

---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

What is this 'you people' horseshit? I haven't said anything about campaign finance laws. What change in the law do you propose so I can make a judgement on it? The usual result of a new campaign finance law is the pols find a way around it.

This is just ONE of Obama's people that have sent jobs overseas so you can knock off the whining about Romney and the companies Bain managed.

Romney and others sent jobs overseas. Problem for Romney and you is -- all the other Vulture Capitalists aren't stupid enough to run for President and insult the American people to their faces.


---

Dante's merged thread OP - the one that was about the Bain/Panama link: ROMNEY and BAIN's unusual, secretive, shady, Panamanian start

True that.
Even a nutcase like Trump saw the big pile of cans full of worms ready to be opened if he decided to run.

 

[Procrustes Stretched]

Jack Lyons is British, right? Not Panamanian?

Was the Panama shell corporation Jack Lyons' or Manuel Noriega's?

You got more supposition and innuendo, Dante...

I know. You're confused. Romney understands: "The world of finance is not as simple as some would have you believe," Romney said

The first outside investor in Bain was a leading London financier, Sir 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. Bain Capital started with help of offshore investors - latimes.com
------------------------
Some of the first investors in Mitt Romney’s firm Bain Capital, according to a report on the Los Angeles Times, were Salvadoran families living in Miami with members accused by the US government of funding death squads in the brutal civil war in El Salvador. Bain Capital's Ties to Salvadoran Death Squads | The Nation
----------------------
When Bain Capital was founded in 1984, Romney and his partners had trouble raising funds for their initial investments. “$9 million came from rich Latin Americans,” the Times reports, “including powerful Salvadoran families living in Miami.… At the time, U.S. officials were publicly accusing some exiles in Miami of funding right-wing death squads in El Salvador. Some family members of the first Bain Capital investors were later linked to groups responsible for killings.”

Bain Capital was founded in 1984 by Bain & Company partners Mitt Romney, T. Coleman Andrews III, and Eric Kriss. In 1983, Bill Bain offered Romney the chance to head a new venture that would invest in companies and apply Bain's consulting techniques to improve operations.[5] In the face of skepticism from potential investors, Romney and his partners spent a year raising the $37 million in funds needed to start the new operation,
Bain Capital - Wikipedia, the free encyclopedia

 

[Procrustes Stretched]

$36 BILLION in 'green jobs' money sent overseas by Obama. I'm thinking that's gotta be a LOT of jobs...

Like the world of finance, government spending is not as simple as you think. You appear to be having a very difficult tile understanding anything.

Are you on medication?

 

[Procrustes Stretched]

IMHO, if Gingrich didn't like Mitt, all the more reason for me TO like Mitt.
I still can't bring myself to like him...

So let's get this straight. Somebody you don't like, doesn't like by somebody, so you do like that 2nd somebody, because of the 1st somebody's dislike. And you want to be taken seriously?

 

[oreo]

Mitt Romney stayed at Bain three years longer than he claimed: As we’ve previously noted, Mitt Romney twice told the Government Ethics Office that he left Bain Capital in February 1999, but there has been plenty of evidence suggesting otherwise. When he left Bain is a critical question, both because a different date than the one he claimed could mean he lied on official forms, and also because Romney has used the early departure date to insulate himself from attacks on Bain’s practices during the early 2000s.

But the Boston Globe reports today that Romney stayed on a full three years longer at Bain than he has claimed. Securities and Exchange Commission documents filed the in the years after 1999 list Romney as the “sole stockholder, chairman of the board, chief executive officer, and president” of Bain. And a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002.

Romney’s Bain lie - Salon.com

Obama's LIES about Romney's record at Bain Capital aren't working.
A new CBS--New York Times poll show Romney leading Barack Obama.
POLITICO Morning Score - POLITICO.com

FACT CHECK.ORG stated that during Romney's 20 year history as CEO of Bain Capital show no evidence of Romney out sourcing jobs.
FactCheck.org : Obama’s ‘Outsourcer’ Overreach

TO BAD FOR YOU that you can't say the same about Barack Obama's record of outsourcing stimulus dollars to create jobs in foreign countries including China. Man when Obama steps into it--he steps into it big time--LOL

Senate Democrats lashed out at the Obama administration on Wednesday, saying its stimulus wind energy program creates jobs overseas instead of in the U.S., and they're calling for the administration to put a stop to it.

"Today, we are demanding the Obama administration suspend this program immediately," said Sen. Chuck Schumer, D-N.Y.

The program has already spent $2 billion, funding enough projects to power 2.4 million homes.

Obama's Stimulus Money Spent Overseas, Jobs in China - ABC News

Obama loans 1/2 BILLION stimulus dollars to FINLAND to create jobs there.

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of doing the work.
Vice President Joseph Biden heralded the Energy Department’s $529 million loan to the start-up electric car company called Fisker as a bright new path to thousands of American manufacturing jobs. But two years after the loan was announced, the job of assembling the flashy electric Fisker Karma sports car has been outsourced to Finland. Fisker Automotive, is funded by a venture capital firm whose partners include former Vice President Al Gore.

Obama Administration Gave Half-Billion-Dollar Loan to Al Gore-Connected Electric Car Company Fisker to Build in Finland | TheBlaze.com

And there's a lot more coming your way---

"When you don't have a record to run on, you paint your opponent as someone people need to run from."--Barack Obama

 

[Vidi]

and at this point in the race 8 years ago, Kerry was up by two points...blah blah blah.

Romney could win this, thats true. Obama could win this, also true. No matter who wins, its going to be very very very close and jumping all over polls right now is an exercise in stupidity.

At least wait until after the conventions.

 

[PLYMCO_PILGRIM]

Hey article. Exactly what would Romney's tax returns tell us about his ability to be a good president in your opinion?

 

[Dot Com]

the longer mitt waits, the worse its going to be for him

 

[Dr.Drock]

the longer mitt waits, the worse its going to be for him

With who, democrats?

I'm an independent. I could care less about his tax returns or Obama's college records for that matter.

 

[PLYMCO_PILGRIM]

the longer mitt waits, the worse its going to be for him

I don't think it will hurt or help him in the long run. The only people attacking him are the ones that are already going to vote for Obama, most of the people who plan to either vote for Romeny or against Obama aren't going to change their mind based of how much money romney did, or did not, make.

The independents see all this as political theater and don't pay it any mind.

 

[freedombecki]

the longer mitt waits, the worse its going to be for him

Are you saying with the information already in the hands of government tax irs controlled by the executive branch, your team has already dissected the information and is ready to launch negative attacks from the returns the minute he agrees to let his records out? So the speeches are all in order, the duckies in a row to use this confidential information the instant an ok is given?

 

[Dr.Drock]

the longer mitt waits, the worse its going to be for him

Are you saying with the information already in the hands of government tax irs controlled by the executive branch, your team has already dissected the information and is ready to launch negative attacks from the returns the minute he agrees to let his records out? So the speeches are all in order, the duckies in a row to use this confidential information the instant an ok is given?

Seems like a waste of time. I would think democrats would want this election to be all about the economy........................

 

[Article 15]

Hey article. Exactly what would Romney's tax returns tell us about his ability to be a good president in your opinion?

Touting your business experience while doing everything you can to keep your financial records under wraps and doing everything you can to distance yourself from a three year period of a company you were the CEO and sole stockholder of just screams that you are hiding something.

"Because there are so many things that will be open again for more attack... and that's really, that's just the answer."

^ Ann Romney on why they don't want to release the returns.

What she is saying is that there are things in there that can be attacked and they want to avoid that.

My guess is that it will reveal some serious hypocrisy, prove him to be a liar about Bain and/or his tithing on some level, show that the Romney's haven't actually "worked" in some time, and/or give insight as to how little of a share of their income the alleged overtaxed wealthy in America pay.

It will provide insight into what kind of a businessman/citizen the man who is running for president based on his business acumen and good citizenship is.

 

[Article 15]

the longer mitt waits, the worse its going to be for him

I don't think it will hurt or help him in the long run. The only people attacking him are the ones that are already going to vote for Obama, most of the people who plan to either vote for Romeny or against Obama aren't going to change their mind based of how much money romney did, or did not, make.

The independents see all this as political theater and don't pay it any mind.

Plenty of Republicans have stated his should release the returns.

Mitt's father's words are haunting him on this issue as well:

The tradition used to be that candidates gave out general information on their income and financial assets via a statement. That all changed in 1967 when George Romney released his actual tax returns for the previous 12 years. “One year could be a fluke, perhaps done for show,” the elder Romney said then. His son, the presumptive Republican nominee in 2012, prefers to show almost nothing. Mitt Romney has only released his tax returns for 2010 and an estimate for 2011. That’s not good enough.

On tax returns, Mitt won’t follow the leader — his dad - PostPartisan - The Washington Post