Saturday, July 14, 2012

The Voice of Reason: Even Left-Leaning News Organizations Report Obama Allegations Are BS

Predicted by many political experts for months, President Barack Obama and his campaign have begun a smear campaign of Republican nominee Mitt Rommey using what any reasonable person would call old school "dirty politics."

Sadly, the President has resorted to Chicago-style politics -- throw a bunch of crap at the wall and hope that some of it sticks.

The President and his Chicago mob have attacked Romney on two issues:  1) His firm, Bain Capital, outsourced jobs overseas, and 2) Romney was disingenuous with either the American people or the SEC when he was listed on Bain Capital documents as a principal at a time he was off running the Olympics.

Although many in the lamestream news media contiue to follow this story, because the President and his campaign allies continue to make these assertions during interviews, even left-leaning news media outlets taking the time to research the story have reported that the allegations by the Obama camp have no merit.

Here's from a story on CNN:  http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html



But first, is there anything other than the SEC filings to suggest a hands-on Romney role at Bain post-February 1999?

No is the word from four sources who communicated with CNN on Thursday -- all of whom have firsthand knowledge of Bain's operations at the time in question. Three of the four are Democrats, and two of the four are active Obama supporters in Campaign 2012.

All four told me Romney is telling the truth.Only one, Bain Managing Director Steve Pagliuca, would talk on the record. The others spoke only on condition of anonymity, citing either Bain's low-key culture or the desire not to anger friends in the Obama campaign.

Pagliuca, a Democrat who unsuccessfully ran for Senate in 2010, told CNN: "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."

Here's from another story on the CNN website: http://www.cnn.com/2012/07/16/opinion/gergen-bain-romney/index.html?hpt=hp_c1

FactCheck.org, a respected website that nails candidates for inaccuracies, earlier investigated the whole issue of Romney's departure and reached a conclusion that he was telling the truth. Last week, little noticed by Romney's critics, FactCheck went back, reviewed the evidence again, and based on what we know so far, reaffirmed its earlier conclusion. FactCheck's recent article was co-written by a man who was once a top investigative journalist for CNN. (The piece last week also recalled an Associated Press report on the Olympics that said in his early tenure at the Olympics, Romney was working 112-hour weeks to save the Salt Lake City games. Does this sound like a man who was also managing a private equity firm on the East Coast?)

As long as fairness is the standard, it would be reassuring if some of the harshest critics of Romney and Bain would acknowledge their own biases. And for goodness sake, will the Obama campaign please withdraw its heavy suggestion that Mitt Romney could well have committed a felony? That was an injustice to both Romney and the president.

Even the news outlet that probably leans the farthest to the left, CBS News, says there's nothing to the allegations of the Obama campaign: http://www.cbsnews.com/8301-18563_162-57472228/what-was-romneys-role-at-bain-during-outsourcing/

The Obama campaign suggested that Romney might have been lying to the SEC, but several experts told us not so.
"Putting that information on that form does not necessarily mean that you're an active manager of the company," said Tom Sporkin, a former SEC investigator and enforcement attorney. He acknowledged that that it was entirely possible Romney owned the company but didn't run the company.
"He could have been on a leave of absence," said Sporkin.
Romney would have made money if the companies doing that outsourcing sold at a profit. But the SEC documents don't prove that Romney ran Bain after 1999 or that he personally shipped jobs overseas.

President Obama is resorting to these types of attacks because he simply cannot run on his horrendous record.  Sadly, in an election that should be about the serious issues facing our country -- our soaring debt, a stagnate economy and millions of Americans unemployed -- our President is playing games with the truth.


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