Thursday, January 26, 2012

Mitty Mitt Mitt

Ah, Mitt. Seems you may have removed Newt Gingrich's rationale for the GOP Presidential nomination tonight -- Newt is not the greatest debater since Lincoln-Douglas after all.

As for your own rationale, that somehow you have the phenomenal business acumen that will make you a better President than Barack Obama...not so much:
  • You claim you have not even seen the campaign ad with your own voice saying you approved it. Not exactly stellar detail-oriented CEO work -- it's impossible to imagine Steve Jobs, for instance, making that same mistake. Might even be a campaign finance law violation.
  • You finally release your taxes after claiming your campaign's personal finance disclosure form was enough...and it turns out you lied left accounts off of that form.
How bad is it?
A review by the Los Angeles Times/Tribune Washington Bureau found that at least 23 funds and partnerships listed in the couple's 2010 tax returns did not show up or were not listed in the same fashion on Romney's most recent financial disclosure, including 11 based in low-tax foreign countries such as Bermuda, the Cayman Islands and Luxembourg.

The campaign has stressed that Romney has paid all required U.S. taxes on his foreign funds.

Many of the funds are affiliated with Bain Capital, the Boston-based private equity firm Romney ran for 15 years. Several others are apparently unrelated offshore entities with mysterious names such as Babson 2006-1, which is based in the Cayman Islands, and Barracuda Investments, which has an address in Dublin, Ireland, but appears to be solely owned by Golden Gate Capital, a private equity firm based in San Francisco.

Again, is (a) lack of attention to major (not minor) details ill-becoming of a CEO and downright dangerous in a President, (b) an attempt to obfuscate for some yet-to-be-uncovered reason, meaning we'd have an untrustworthy President or, worse, (c) you're some kind of crook, and one who would immediately under investigation upon taking office.

So what's the great rationale for a Mitt Romney candidacy now, other than generic Republican Obama hate?


No comments: