By The Right Scoop


Sorry this is a long one, but it will catch you up on the “Bain bomb” that was dropped this morning that the Obama campaign used to falsely assert that Romney is a felon.

The Boston Globe ran a story this morning that Romney lied about when he left Bain Capital, asserting that he actually left Bain in 2002 and not 1999 as he has publicly stated. They had apparently found his name on a few SEC filings that they believed showed Romney was still running investments at Bain after 1999.

Thus, the Obama campaign jumped on this as though it were red meat and in a conference call with reporters they asserted that Romney may have committed a felony by misrepresenting his position at Bain (h/t PJ Tatler, via NRO):

In a conference call with reporters this morning, the Obama campaign focused on this morning’sBoston Globe story arguing that Mitt Romney remained at Bain through 2002. The Romney campaign has called the story “not accurate.”

“Either Mitt Romney, through his own words and his own signature, was misrepresenting his position at Bain to the SEC, which is a felony, or he was misrepresenting his position at Bain to the American people to avoid responsibility for some of the consequences of his investment,” Obama deputy campaign manager Stephanie Cutter asserted.

“If he was lying to the American people,” she added. “then that’s a real character and trust issue that the American people need to take very seriously.

The Boston Globe then admits to plagiarizing the story from a couple of leftist conspiracy nuts instead of from their own reporting, and then Fortune drops the big bomb on the story and completely vindicates Romney:

FORTUNE – Now Fortune has obtained new evidence that supports Romney’s version of events.

Bain Capital began circulating offering documents for its seventh private equity fund in June 2000. Those documents include several pages specifying fund management. The section begins:

Set forth below is information regarding the background of the senior private equity investment professionals of Bain Capital. Also listed are certain investment professionals responsible for the day-to-day affairs of the Brookside and Sankaty funds, which are affiliated funds of Fund VII.

It then goes on to list 18 managers of the private equity fund. Mitt Romney is not among them. Same goes for an affiliated co-investment fund, whose private placement memorandum is dated September 2000.

Then there is Bain Capital Venture Fund — the firm’s first dedicated venture capital effort — whose private placement memorandum is dated January 2001. Romney also isn’t listed among its “key investment professionals,” or as part of its day-to-day operations or investment committee.

So basically, Romney wasn’t running these Bain investments as was misreported due to the fact that these leftists didn’t know what the hell they were reading.

Fortune notes that when the Obama campaign was informed of their error, this was their response:

After being informed of the Bain Capital documents, Obama spokesman Ben LaBolt emailed over the following statement:

Mitt Romney either misled the American people or misrepresented himself to the SEC.  Romney has said he had no authority or responsibility for managing Bain since 1999, but that has been proven false. Regardless of whether he was on the management committee for this particular deal, he remained  President, CEO, and Chairman of the Board and he was legally responsible for every investment and decision made by Bain.”

What an idiot. They are still trying to stick to their guns even though Fortune just proved otherwise.

Lastly, the Romney campaign has blasted back at the Obama campaign for being so quick on the gun to call Romney a felon:

NRO – The Romney campaign is blasting deputy Obama campaign manager Stephanie Cutter in the aftermath of her suggestion this morning that Mitt Romney may have committed a “felony” and been misleading about his time at Bain.

President Obama’s campaign hit a new low today when one of its senior advisers made a reckless and unsubstantiated charge to reporters about Mitt Romney that was so over the top that it calls into question the integrity of their entire campaign,” said Romney campaign manager Matt Rhoades in a statement just released.

“President Obama ought to apologize for the out-of-control behavior of his staff, which demeans the office he holds,” Rhoades added. “Campaigns are supposed to be hard fought, but statements like those made by Stephanie Cutter belittle the process and the candidate on whose behalf she works.

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  • actionsspeaklouder

    The slanderous lies will keep coming out of the Obama campaign no matter what. They don’t care if the lies are refuted and proven wrong. They know that once it’s out there . . .

    There aren’t enough vile words to describe the treasonous trash that Obama and his “people” are. They are the lowest of low lifes.

    How could anyone in their right mind want another 4 years of this nightmare?

    • M_J_S

      This is the sign of humiliating desperation. Obama is officially going down.

      • MLCBLOG

        We can only hope, and pray, and work!

    • notebene

      The only ones who want to keep this imposter in chief are the ones getting undeserved entitlements and union members! This will be a dirty election from start to finish!

      • deepindaheart

        you’re forgetting those that will still vote for him only because he’s black (even tho only 6% black), and those who can’t admit the error of their ways.

    • sagm

      actions…have you seen the polls?

  • http://www.facebook.com/profile.php?id=100000679899592 John Bohler

    Good to see Romney’s team fighting back against those slime balls!

  • GreenBeretWay

    777777777777777

  • GreenBeretWay

    77777777777777777

  • GreenBeretWay

    7777777777777777777

    • KenInMontana

      Did you fall over on your keyboard?

      • steprock

        Weird. Something is up – I see the same comment elsewhere on this board and people respond. It looks like there was something else written there, but now it’s all just 7s

        • KenInMontana

          Perhaps a craps reference? A natural?

        • MLCBLOG

          Oh, I guess I am asleep on my keyboard, or nearly so. I thought it was all question marks!!

    • FutureOnePercent

      I feel like someone should be sending an ambulance to your house to check on you…

    • WordsFailMe

      You’re right, GB

      The chance are 2,333,333,333,333,330 to 1 against Obama’s campaign finding a something that will actually stick to the wall.

      All they’ve come up with so far sticks to his shoe.

  • FutureOnePercent

    Sue their asses for libel and slander.

    “How to prove libel

    There are several ways a person must go about proving that libel has taken place. For example, in the United States, the person first must prove that the statement was false. Second, that person must prove that the statement caused harm. And, third, they must prove that the statement was made without adequate research into the truthfulness of the statement. These steps are for an ordinary citizen. In the case of a celebrity or public official trying to prove libel, they must prove the first three steps, and must (in the United States) prove the statement was made with the intent to do harm, or with reckless disregard for the truth. Usually specifically referred to as “proving malice”.[13]”

    Sounds like it meets all 4 requirements.

    • http://www.facebook.com/savator.raider Savator Raider

      Not the last one. It is almost impossibly to prove intent.

      Plausible deniability.

  • GreenBeretWay

    777777777777777777

    • Massgopguy

      The Boring Broadsheet. The Bow Tied Bum Kissers of Morrisey Blvd. Still plagiarizing like it’s 1978 and they’re relevant.

  • keninil

    The Obama campaign will carry on this meme until all the MSM lands on top of them and debunks the lie for 3 or more days. Watch next for Obama to have a 30 second spot on it!

  • Nukeman60

    “If he was lying to the American people,” she added. “then that’s a real character and trust issue that the American people need to take very seriously.” – Obama campaign

    So, there you have it. Obama lies every time he opens his mouth. The American people need to take this very seriously. Don’t take my word for it. Ask the Obama campaign. :)

    Also, has anybody else noticed how many times the Obama campaign throws something out there totally unvetted, unresearched, and without any background checking whatsoever? They have fallen into the rut of thinking the Media will carry their water on everything, that it’s backfiring on them every single time.

    • Sober_Thinking

      Lol… I picked up the exact same line…

      What a hypocritical joke that they would make those accusations.

    • 12grace
    • http://www.facebook.com/people/Jac-Cooksey/100000028345839 Jac Cooksey

      Obama and his ilk did what they wanted to do w/ the MSM…make them so obsolete that when they do report the truth, no one will listen or even care because they bedded themselves w/ the Progressive movement. Obama succeeded to make ABC, CBS, NBC, PBS, MSNBC, CNN, New York Times, Washington Post, and other news sources obsolete! Way to go Saul Alinsky! They are going to try to win by any means… “The Ends Justify the Means!”

    • deepindaheart

      the only reason it’s backfiring is the ability of the truth to come out via the internet.

  • MaroonRepublic

    Don’t hold your breath waiting for that apology. They got what they wanted out there on the news cycle.

    What’s funny is their indignation over lying to the American people. What a laugh! That’s like Michael Moore showing indignation toward fat slobs.

  • http://pulse.yahoo.com/_RIW7SAEV46S6NXCFRU5SIXNWVA Philip

    This administration is so used to lying, it just comes easy for them. Once you sold your soul, who cares. Kudos to Romney for swiftly fighting back. Romney has to not be afraid to take it to Nobama, who has a glass jaw.

    • 4Hoppes2

      The problem is once the integrity of your soul has been compromised to the extent of this entire regime their conscience no longer informs them of their errors. They have no guilt, no shame and no honor.

      • Patriot077

        And they inhabit the White House. It is just beyond the beyond.

  • welltempered2

    There are about 300 dead Mexicans and a dead American border patrol agent due to a gun running operation directed by the AG. His boss claims executive privilege to withhold documents pertaining to the scandal and our media is uninterested.

    If this country goes down the first finger should be pointed at the MSM.

  • marketcomp

    Obama has been misleading Americans for years. I mean nothing is what it seems. Obama’s birth certificate is challenged, his social security number is challenged, his selective service card is challenged, he lied about where he was born, his entire 2 autobiographical books are mostly lies with a composite life and girlfriend, and he even lied about his own grandfather! And that’s not including the lies about the stimulus and what it would do for the economy. Barack Obama reinvented and wrote the book on deceitfulness and lies.

    • sDee

      Yet Romney is once again on the defense. Why? I gotta wonder.

      • badbadlibs

        Romney or any other republican running against bo would have to be on the defensive because they are put there by the liar in chief and his brown shirt henchmen. And each lie is defended by the media. In this case it was created by the media.

    • portbuilder

      Now you know why some people think he is the devil – just like in ’08.
      He has far far far exceeded the level of political trickery and low-handed behavior that any politician has ever done. Lies are his bread and butter.

  • BSScoop

    All of this stuff about Bain Capital is an attempt by the Usurpers to demonize capitalism. What I can’t stand about Newt Gingrich and Rick Perry was their attempt to play this card, right into the the hands of those trying to institute the very anti-Americanism that the Left is desperate to continue escalating.

    Now, Hussein was going to go after Romney on Bain anyway but the seed has already been planted into the minds of independents that EVEN REPUBLICANS don’t like Bain Capital. Also, there’s this fight over whether Bain and Romney created jobs. It’s irrelevant. The purpose of Bain Capital was NOT to create jobs but to make money. Period. Capitalism, baby!

    BS
    Don’t Tread On Me

  • http://www.usaprogressive.com/ Ray

    So the SEC doc from February 2001 showing Romney as the CEO, President and managing director is wrong? http://www.sec.gov/Archives/edgar/data/1054290/000092701601001009/0000927016-01-001009-0001.txt

    • 4Hoppes2

      Update: Bain explains –

      Mitt Romney left Bain Capital in February 1999 to run the Olympics and has had absolutely no involvement with the management or investment activities of the firm or with any of its portfolio companies since the day of his departure. Due to the sudden nature of Mr. Romney’s departure, he remained the sole stockholder for a time while formal ownership was being documented and transferred to the group of partners who took over management of the firm in 1999. Accordingly, Mr. Romney was reported in various capacities on SEC filings during this period.”

      • cama9

        If Romney would release his tax returns for those years he could put this story to rest pronto. I hope he has the intelligence to do so.

  • daleray

    The White House can not any longer distinguish between the truth and a lie; or could they ever? See you later, I have to go study on this one…

  • Sober_Thinking

    “If he was lying to the American people,” she added. “then that’s a real character and trust issue that the American people need to take very seriously.”

    Heh, like Barry didn’t lie at all. Obama has lied almost completely, from the beginning. Has there been so much corruption and backroom deals being made before? I’ll be concise and stop there so I don’t sound racist (Questionman). :)

  • daleray

    The White House can not any long tell the difference between the truth and a lie; or could they ever? See you later, I have to go study on this one…

  • GlabrousFardel
  • http://boogieforward.us/ K-Bob

    The lying just gets good to them.

  • 12grace

    The left, always lies, its a given.

    Look at obama’s treasonous actions against, America.

    Current List of President Obama’s Executive Orders
    http://1461days.blogspot.com/2009/01/current-list-of-president-obamas.html

  • graywolf4life

    All they have left are to lie, cheat or steal this election. The Obama campaign is at the point where they will do anything to make themselves look good even if it is only to put the Romney campaign down with obvious lies.

  • notebene

    Newsflash for the Romney camp…Odumbo’s campaign has NEVER had integrity! Not only does Odumbo not know the meaning of the word, neither does his entire administration! Don’t hold your breath for an apology from either the Odumbo camp, nor the lamestream media. Romney…it’s time to take off the gloves and bare-knuckle box this crew straight to the h e l l they come from! Do not pull a McCain…be as ruthless as you were with your fellow Republicans! Let’s see Odumbo reveal his college records, his Bar application, and his doctoral thesis! Push every button and keep pointing out how not transparent and hypocritical this pathetic group of socialist, racist, sexist, Soros-backed, and Muslim- backed this administration has been! Report how much each and every vacation cost the taxpayers! The same taxpayers, who haven’t been able to even afford a vacation in the last 4 years because they are trying to make ends meet to survive Odumbo’s stupidity!

  • veryoldcop

    If lying to the American people is a serious character and trust issue then Obama should resign now!!

  • johnnybags

    The ends justify the means…lets not forget who we are dealing with here folks! He’s a communist…he will do anything to stay in power…and that includes lying to and deluding those he wishes to rule!

  • http://profile.yahoo.com/KYTC7EGQASGOTQYPY2KPC4XCZY Don

    Lies and deceptions inciting racial hatred and class warfare is all they have and have ever had. Anyone who believes anything these thugs say are too illiterate to vote. If the majority of Americans are this brain dead then the American dream will become the American nightmare. Four more years of this attack on our country will push us past the point of no return. Stand up or get out of the way.

  • 2besusie

    I can’t say it loudly enough, or often enough: I despise these people with every fiber of my being, and to the very depths of my soul.

    • badbadlibs

      I use to try really hard not to despise bo and his henchmen. I use to try and find something good to say about him….but, I don’t try anymore.
      King David said he hated those who hated God with a PERFECT HATRED.

  • sjmom

    I am not surprised by this because Obama and his people have to lie because for them the truth would crush them. This will only come back and slap them where it hurts; with voters.

    • badbadlibs

      I hope it does come back to bite them…..wherever it hurts!

  • http://twitter.com/mjh4259 Mary

    What a bunch of sleazeballs.

  • badbadlibs

    What we are witnessing, in part, is a group of people who have no fear of telling lies. Who is going to call them out on any of this? The media is not only giving credence to their lies, now they are actually creating them…this was started by media outlet.
    All bo and his brown shirts had to do was walk thru the open door. They aren’t held accountable, just look at the polls.
    Yes, I know polls can be skewed and most probably are, however, if bo was down far enough, even the polls would show it.

  • sagm

    I would like to think Obama would go down for these type t hings…
    but, I believe there are enough uniformed, uncaring, hands out for freebies voters out here who will not look past the sensationalism
    Look at the polls..they are outright scary.. young unmarried women like obama??..because of free birthcontrol??? good grief how un/misinformed are these young women???
    It must be difficult to be constantly swatting a blow fly like obama…
    Do they honestly believe , honestly now…that Romney would do something like this?…and it’s not as offensive as defending your DOJ’s running guns, holding up tax evaders in your own administration, lying…
    HOWEVER, if Mitt does not light a fire under his campaign..he is going to lose, just like mccain planned in his presidential bid.

    • Trust1TG

      About half the people in the US vote for a living (live off the taxpayer)….then there are Obama’s newly forgiven alien invaders (illegals)… and the rest of the Democrat voter fraud tricks.

      But we know the Republicans and Romney also know how to play dirty ball…remember the primary race?

  • Trust1TG

    In a sane world, both Romney and Obama would be in jail.

  • Trust1TG

    Romney got rich off the largess of taxpayers’ hard earned dollars.

    Bain and Romney used heaping helpings of our taxpayer money for all his ventures – from business to the Olympics to Romneycare.


    http://articles.businessinsider.com/2011-12-14/politics/30515127_1_mitt-romney-ddi-corp-bain-capital
    http://bluemassgroup.com/2012/01/bailout-mitt-salt-lake-city-edition/

    • http://profile.yahoo.com/N7UQVKOXAHLURXIDK5SGENLKTE Diane T

      Well if you really think that is how Romney got rich, you’re not too smart.

  • JoMac321

    I’m busy, but it wouldn’t take me 3 years to get someone’s name off the letterhead or filing documents. Just sayin’

  • hbnolikeee

    Mitt, the answer is to use a bit of your money to take down the slanderers.

    hire some legal folks to do this so you stay on target (exactly what they don’t want).

    make it clear that you won’t smile while they spew vile crap and you’ll come back at them.

    you keep your focus on what a rotten job has been done these last 3 plus years and contrast that with your solutions.

  • db1db2d

    Golly, I must have hit my mouse accidently… But I gotta admit it’s fun reading a phony excuse based upon a listing of “Equity Fund Managers” from a prospectus, as if that has any bearing on Mitt’s OWNERSHIP of the freaking Company. The Obama release is not based upon whether Mitt held the lowly position of “Fund Manager” in a company that he owned lock, stock and barrel, as stated in separate SEC filings listing him as owner. Also fun reading the ravings of gullible right-wing rascist whackos. Y’all are gonna haveta find another excuse for Mitt’s 1998 investment in a Chinese company named Global Tech which specialized in outsourcing American jobs to China. Mitt is not only a pathological liar, he is a sociopathic shitheel with foreign tax-dodge accounts and zero loyalty to the USA, with a bowel-watering fear of releasing his tax returns. I notice that nobody here displays any curiosity about that.

  • http://pulse.yahoo.com/_IJYM277N7VJNF772U6DUVQKHAE TIMERUNNER

    Gov.Romney or obama standing as a picture of truth?
    obamas painting of truth wold be considered finger painting, while Gov. Romneys painting of truth would be enjoyed as a Rembrandt.
    I think most people enjoy the art of work and accomplishment.

  • Dick Parker

    Classic example of a psychological defense mechanism known as “projection”. Not only do the demonrats get to smear and libel Romney on his interests in Bain (with impunity, apparently), but they get to feel better about about themselves in the process. Thanks to the MSM we might just lose the country come November……..

  • wodiej

    Why would the obama campaign apologize for lying? Obama has been doing it for years and years.

  • pattreid

    And yet, Romney will not show us his papers (taxes). Romney has money parked in all those off-shore accounts known for tax evading, claiming a “blind trust” which is operated by, wait for it….. his son! A control freak like Romney would never truly leave the management of his money to anyone or anything beyond his control. Neither his “blind trusts”, Bain nor off-shored monies.

    To all you haters out there, if this had been President Obama, what would you have made of this?

    If this were “slander”, why is Romney not turning his legal team on Obama? No one called Romney a felon. The statement was that EITHER Romney lied to the SEC, which is a felony, OR he lied to the American people. But, I guess such subtleties are lost on the rabid right who want to simply jump up and embraces any twisted piece that supports the narrative that allows you to hate without reason.

  • pattreid

    One more addition to the info gleaned from the SEC documents: 5 of the corporations that Romney signed off on as CEO did not even exist in 1999. They were created after he claims to have left Bain, yet it’s his signature on the SEC docs. ‘Splain that one, Lucy!

  • CalifGirlInMaine

    Stephanie Cutter, stated, “If he was lying to the American people,” she added. “then that’s a real character and trust issue that the American people need to take very seriously.”

    Obama has lied continuously to the American people, during his 2008 campaign AND throughout his presidency. According to his own deputy campaign manager (Cutter), that is a “real character and trust issue” that we need to take seriously!

    Boot the liar out of the presidency!