Washington Post reporter Glenn Kessler and factcheck.org Are Wrong. Romney Lied About His Tenure at Bain

Portrait of evil - Florida Criminal Gov Rick Scott

Washington Post reporter Glenn Kessler and factcheck.org Are Wrong. Romney Lied About His Tenure at Bain

After weeks and weeks of being pummeled by the Obama campaign for his business record, Mitt Romney is finally releasing response ads today. The response is that Obama is lying. ("How can we trust him to lead?" etc.) The ad cites articles by media “fact-checkers”: Washington Post reporter Glenn Kessler and factcheck.org.

In an incredibly inconvenient piece of timing, the Boston Globe today also reports that Romney has been lying about when he left Bain Capital. This is utterly crucial. Both the fact-checking columns base their conclusions on Romney’s claim that he left Bain in 1999. Obama’s ads are misleading, both say, because they hold Romney accountable for things Bain did after 1999. The revelation that Romney was actively managing Bain renders both those judgments moot.

Here is the core of the Globe’s finding:

    Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”

    Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.

Romney has sworn he is telling the truth. Documents that he filed and signed prove he is lying. The issue now moves forward as something symptomatic of Romney's mental state and/or his moral sensibilities. Even without these revelations Romney has no real qualifications to be president. Now it seems that he lacks the moral integrity that was supposed to be one of his great character traits.

Proof that the Right is FREAKING OUT over "Swiss Bank Account" attacks [UPDATED]. When Mitt Romney is not telling insulting lies to the American public, he has plenty of mindless fake patriots do it for him.

The American Jobs Act and Who is Working to Sabotage The Recovery

The Tea Party Caucus waged an all-out propaganda campaign against the AJA, decrying it as more stimulus and an example of big government. House Republicans obstructed the Jobs Act, refusing to allow it even to come to a vote. Senate Republicans used the much-abused filibuster to defeat it. But polls continued to favor the president, and as a result, Obama was able to force Boehner & Co. to pass a one-third cut in employees' payroll taxes and an extension of unemployment benefits.

And herein lies the rub: The GOP is touting a flailing economy, saying that Obama's policies are the cause of the malaise -- but it is Republicans who have deliberately orchestrated these outcomes by refusing to pass a signature, jobs-focused piece of legislation.

What is worse is that their destructive tactics disproportionately fall on the backs of African Americans, Hispanics, low-income earners and the poor. The GOP does not care -- since it calculates that disheartened citizens will be less motivated to go to the polls come November. And with new voter-id laws in place, the black and brown vote will be subject to a perfect storm of suppression that spells a win for Romney.

Republicans are betting on a premise that white working-class voters will become so frustrated with the economic slowdown that they will vote against the first African-American president and instead elect a rich white guy and private-equity magnate -- who notoriously destroyed companies while profiting enormously.

Fox News Inflates Impact Of Bush Tax Cuts. This story is related to the charts above. If tax cuts created jobs we should have more job opening than there are unemployed, but we do not. Tax cuts just put more money in the pockets of the wealthy. How many $75,000 cars do these wealthy slackers need? Not enough to keep the economy going for the middle-class.