Mitt Romney's "retroactive" retirement

by indophile Tue Jul 17, 2012 8:12 am

They are having a ball.

http://www.slate.com/articles/news_and_politics/frame_game/2012/07/romney_and_bain_1999_2002_his_retirement_is_just_another_flip_flop_.html

by Maria S Tue Jul 17, 2012 8:36 am

Like a lot of people, wish I can do a lot of things "retroactively"..but, really can't Very Happy

!

In spite of all this..think the Election will be close and depend on turn out.

Although, I am a supporter of Pres. Obama..talk about being really artificial and doing "politically correct" things- the celebrity culture-pressure is becoming much too silly..the expectations, the public image..all of it.

http://www.huffingtonpost.com/2012/07/16/president-obama-booed-kissing-first-lady_n_1678149.html

by Marathadi-Saamiyaar Tue Jul 17, 2012 10:22 am

indophile wrote:They are having a ball.

http://www.slate.com/articles/news_and_politics/frame_game/2012/07/romney_and_bain_1999_2002_his_retirement_is_just_another_flip_flop_.html

I think a better, more acceptable, decision would have been to "annul" his appointment at Bain Capital.

by Idéfix Wed Jul 18, 2012 7:47 am

If elected, Romney will retroactively retire as president as of the day before anything really bad happens. That way his resume will look clean. He will let us know about the fact that he had retroactively retired within 10 years of such retirement taking place. In order to keep the wheels of government turning he will graciously continue to live in the White House and sign documents as president, just as a favor to the American people.

by MaxEntropy_Man Wed Jul 18, 2012 12:41 pm

romney is also getting hammered on the non-release of his tax returns. george will as always put it very succinctly -- "the cost of not releasing them is clear, it must be that he has concluded that releasing them has bigger costs to him".

and it's already an ad:
https://www.youtube.com/watch?v=ceTWKfnjeSs

fact: mccain's campaign had access to 23 years' worth of his tax returns when he was vetting him as a running mate. he decided against him and picked sarah palin. what does that tell you?

by Impedimenta Wed Jul 18, 2012 12:46 pm

panini press wrote:If elected, Romney will retroactively retire as president as of the day before anything really bad happens. That way his resume will look clean. He will let us know about the fact that he had retroactively retired within 10 years of such retirement taking place. In order to keep the wheels of government turning he will graciously continue to live in the White House and sign documents as president, just as a favor to the American people.

as opposed to the magic wand that mr obama has? oh wait, day one second term, he waves his wand. day 3 ok day 15, economy jumps back into action and day 29, unemployment rises. Wow! i should really vote for him.

by Idéfix Wed Jul 18, 2012 12:49 pm

There is also the possibility that he paid no taxes in 2009 while making a fortune. And that return was not shared with anyone. That may be why he is "not enthusiastic" about sharing more returns.

by Impedimenta Wed Jul 18, 2012 12:55 pm

oh, the wonderful game of mud slinging. aptly pointed out by media, it was a strange strategy to hammer through medicare in the first term
of his presidency and stranger still to do it with the U.S. economy in a
shambles. I guess it had to be done at that time with having the
majority in Congress but for Barack Obama to survive another term, this is required. right? all is fair in politics!

by MaxEntropy_Man Wed Jul 18, 2012 12:59 pm

the calls to release his tax returns are not only from the left but from within his own party. he is fast losing support inside the GoP for his unsustainable position on releasing his returns. see this editorial from the national review, hardly a liberal publication!

http://www.nationalreview.com/articles/309738/release-returns-editors

In all likelihood, he won’t be able to maintain a position that looks
secretive and is a departure from campaign conventions. The only
question is whether he releases more returns now, or later — after
playing more defense on the issue and sustaining more hits. There will
surely be a press feeding frenzy over new returns, but better to weather
it in the middle of July.

by Idéfix Wed Jul 18, 2012 1:05 pm

Impedimenta wrote:
panini press wrote:If elected, Romney will retroactively retire as president as of the day before anything really bad happens. That way his resume will look clean. He will let us know about the fact that he had retroactively retired within 10 years of such retirement taking place. In order to keep the wheels of government turning he will graciously continue to live in the White House and sign documents as president, just as a favor to the American people.

as opposed to the magic wand that mr obama has? oh wait, day one second term, he waves his wand. day 3 ok day 15, economy jumps back into action and day 29, unemployment rises. Wow! i should really vote for him.

Actually it is Romney who wants us to believe that he has such a wand. He understands how the economy works and how to outsource oops create jobs. That is his entire argument fit why he should be president.

by Obnoxious Wed Jul 18, 2012 3:08 pm

This is what Factcheck.org says.

http://factcheck.org/2012/07/romneys-bain-years-new-evidence-same-conclusion/

by artood2 Wed Jul 18, 2012 11:23 pm

MaxEntropy_Man wrote:romney is also getting hammered on the non-release of his tax returns. george will as always put it very succinctly -- "the cost of not releasing them is clear, it must be that he has concluded that releasing them has bigger costs to him".

and it's already an ad:
https://www.youtube.com/watch?v=ceTWKfnjeSs

fact: mccain's campaign had access to 23 years' worth of his tax returns when he was vetting him as a running mate. he decided against him and picked sarah palin. what does that tell you?

Need to credit Rahm Emanuel (the ex-chief of Obama's staff) for the fact?

http://www.mediaite.com/tv/rahm-emanuel-john-mccain-looked-at-romneys-tax-returns-and-decided-palin-would-be-a-better-vp/

by MaxEntropy_Man Thu Jul 19, 2012 7:27 am

artood2 wrote:

Need to credit Rahm Emanuel (the ex-chief of Obama's staff) for the fact?

http://www.mediaite.com/tv/rahm-emanuel-john-mccain-looked-at-romneys-tax-returns-and-decided-palin-would-be-a-better-vp/

how does it matter who asked it first? answer the Q. i hope the pressure on him from within the GoP becomes unbearable over the next weeks and months. it will be good fun to see at what point he cracks. and the later into the season this thing continues to fester the better it is for my side.

by Maria S Thu Jul 19, 2012 11:47 am

Well, Mrs. Romney has spoken.."Us people" are not going to get more info about "their finances".

http://www.huffingtonpost.com/2012/07/19/annromney_n_1685735.html

*Contributing 10% of one's income to one's Church (tithe) in "religious" terms is the minimum requirement and rather small, and although it's a "legal" charitable contribution- which be written off one's taxes, it's really like a contribution to one's Church's business..and rather tacky to talk about it in public. With their great wealth, wonder how much they gave to other non-religious public charities. Don't know- how much the salary for the Gov of MA was at that time..on average, apart from the benefits..it must be around $100-125,000, which is not much to be waived, if one has millions. In the South..it's even lower. I think the max Bill Clinton made as Gov. was around $35,000 at that time.

by MaxEntropy_Man Thu Jul 19, 2012 11:50 am

https://www.youtube.com/watch?v=3API5MnicU4&feature=youtu.be

by artood2 Thu Jul 19, 2012 11:54 am

MaxEntropy_Man wrote:
artood2 wrote:

Need to credit Rahm Emanuel (the ex-chief of Obama's staff) for the fact?

http://www.mediaite.com/tv/rahm-emanuel-john-mccain-looked-at-romneys-tax-returns-and-decided-palin-would-be-a-better-vp/

how does it matter who asked it first? answer the Q. i hope the pressure on him from within the GoP becomes unbearable over the next weeks and months. it will be good fun to see at what point he cracks. and the later into the season this thing continues to fester the better it is for my side.

Rahm emanuel spun it to make it look like a "tax" decision. As some other commentators pointed out, it may have been a "rich" decision. Prez + VP having 12 houses would not have sit well in the turbulent times of 2008.

In this time and era, you are not going to become a Prez without showing your returns. He will have to do it sooner or later. If his tax returns show money in tax havens there will be huge flow of money to PACs from rich republicans Smile

by Kris Fri Jul 20, 2012 3:05 am

artood2 wrote:
MaxEntropy_Man wrote:
artood2 wrote:

Need to credit Rahm Emanuel (the ex-chief of Obama's staff) for the fact?

http://www.mediaite.com/tv/rahm-emanuel-john-mccain-looked-at-romneys-tax-returns-and-decided-palin-would-be-a-better-vp/

how does it matter who asked it first? answer the Q. i hope the pressure on him from within the GoP becomes unbearable over the next weeks and months. it will be good fun to see at what point he cracks. and the later into the season this thing continues to fester the better it is for my side.

Rahm emanuel spun it to make it look like a "tax" decision. As some other commentators pointed out, it may have been a "rich" decision. Prez + VP having 12 houses would not have sit well in the turbulent times of 2008.

In this time and era, you are not going to become a Prez without showing your returns. He will have to do it sooner or later. If his tax returns show money in tax havens there will be huge flow of money to PACs from rich republicans

>>> I think so too. He alsoproabably figures this will blow over if the economy tanks.

by artood2 Fri Jul 20, 2012 11:58 am

Kris wrote:
artood2 wrote:
MaxEntropy_Man wrote:
artood2 wrote:

Need to credit Rahm Emanuel (the ex-chief of Obama's staff) for the fact?

http://www.mediaite.com/tv/rahm-emanuel-john-mccain-looked-at-romneys-tax-returns-and-decided-palin-would-be-a-better-vp/

how does it matter who asked it first? answer the Q. i hope the pressure on him from within the GoP becomes unbearable over the next weeks and months. it will be good fun to see at what point he cracks. and the later into the season this thing continues to fester the better it is for my side.

Rahm emanuel spun it to make it look like a "tax" decision. As some other commentators pointed out, it may have been a "rich" decision. Prez + VP having 12 houses would not have sit well in the turbulent times of 2008.

In this time and era, you are not going to become a Prez without showing your returns. He will have to do it sooner or later. If his tax returns show money in tax havens there will be huge flow of money to PACs from rich republicans

>>> I think so too. He alsoproabably figures this will blow over if the economy tanks.

I think he will keep releasing his returns in bits and pieces (like he did for 2010). The foreign accounts form is technically not filed along with the return and he can hide behind it.

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