Sat Jul 14, 2012, 11:52 AM
maddezmom (135,060 posts)
Romney Denial of Responsibility for Actions of Bain Says A lot About the Kind of President He Would
Mitt Romney's refusal to take responsibility for the actions of Bain Capital from 1999 to 2002 says a lot about the kind of president he would be.
Friday night, Romney persisted in denying that he was responsible for the behavior of Bain during the period, even though he was listed on SEC documents as the firm's CEO, Chairman, President and sole stockholder. Romney claims he "left" Bain Capital to run the Olympics back in 1999 and is not in the least responsible for the actions it took over the next three years, notwithstanding the fact that he was CEO, Chairman, President and sole stockholder until 2002.
Romney can dance around the issue, parse words, argue he gave up "management control" until he is blue in the face. But however he structured the decision making process at Bain Capital while he was also running the Olympics, he was ultimately in charge -- and he was ultimately responsible for -- and benefited mightily from its actions. In every business the buck stops with the CEO, Chairman, President and sole stockholder -- it's that simple.
Romney's refusal to be held responsible for the actions of the company he owned -- and for which he remained CEO, Chairman and President -- says a lot about the kind of President he would be -- and a lot more about his character.
3 replies, 845 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Romney Denial of Responsibility for Actions of Bain Says A lot About the Kind of President He Would (Original post)
Response to maddezmom (Original post)
Sat Jul 14, 2012, 12:02 PM
patrice (47,992 posts)
2. Just like SUBSIDY-Sam Brownback's "... experiment ..." on Kansas. TTE, "Let's try this and
and whatever happens happens."
Just like the Koch-bot Kevin Yoder who "represents" us has proven several times, TTE, "It's easier to say you're 'sorry' than it is to get permission."