29 Comments on “Open Thread: Romney Campaign “Fed Up” With Attacks on Bain”

  1. dakinikat says:

    Ralph put this link to Krugman up in the morning thread. It’s worth posting here because it’s precisely on point.


    Put it this way: Has there ever before been a major presidential candidate who had a multimillion-dollar Swiss bank account, plus tens of millions invested in the Cayman Islands, famed as a tax haven?

    And then there’s his Individual Retirement Account. I.R.A.’s are supposed to be a tax-advantaged vehicle for middle-class savers, with annual contributions limited to a few thousand dollars a year. Yet somehow Mr. Romney ended up with an account worth between $20 million and $101 million.

    There are legitimate ways that could have happened, just as there are potentially legitimate reasons for parking large sums of money in overseas tax havens. But we don’t know which if any of those legitimate reasons apply in Mr. Romney’s case — because he has refused to release any details about his finances. This refusal to come clean suggests that he and his advisers believe that voters would be less likely to support him if they knew the truth about his investments.

    The real thing is that it compares George Romney’s openness and income reported and basic job function to his son’s. BIG contrast.

    Even the WSJ says that Mitt’s not going to be able to dodge these questions.

    AND, remember, McCain chose Quitterella after reviewing 10 years of Romney Tax Returns.

    • bostonboomer says:

      Yes, but Mitt won’t address those issues for another three weeks, as I point out in my post. He’s still dealing with the Bain attacks.

      If he continues to be three weeks behind on each set of Obama attacks, the right wingers are going to have conniption fits.

      • dakinikat says:

        He can’t explain anything clearly and cogently. It looks like all this anger surrounds his inability to worm his way out of explaining something.

      • RalphB says:

        He won’t even release the names of his campaign bundlers. He’s not going to release any information at all, unless he’s forced into it.

      • bostonboomer says:

        You’re right. That’s a very good column by Krugman.

    • bostonboomer says:

      “Struggling” is a bit over the top when the campaign raised $71,000,000 last month. Frankly, all this money on both sides is sickening. Raising $106,000,000 to destroy the middle class isn’t something to be proud of, IMO. But that’s just me.

  2. bostonboomer says:

    Obama proposes extending the Bush tax cuts on people who make less than $250,000. Romney calls it a “massive tax increase” that won’t help the middle class.

    Only 2% of Americans would be affected by ending the Bush tax cuts on high earners.


    • RalphB says:

      I think we can probably mark that as another Romney lie. Personally, I think the last thing Willard should want is to start the “liar” games since he’s the most prolific I’ve ever seen. That could come back to bite him big time.

  3. Pilgrim says:

    Obama supporters probably should be a little concerned, and many of them are.

    An article by Lawrence Solomon in National Post posits that there’s only one explanation for the concomitant big drop in donations to Obama and big haul by Romney, and it’s a major shift of Jewish money. Jewish contributors have been very big donors to Democrats. Very, very, very big, way out of proportion to their fraction of the population.

    More or less amusingly, Solomon says, Obama told a gathering of rabbis that he knows more about Judaism than any other president in history.

    Financially, he’s struggling now even though his campaign had initially boasted they would scale the billion dollar heights. It’s Romney that looks to be on track for that.

    • northwestrain says:

      So 0bama wanted unlimited campaign spending in 2008 and didn’t take any fed campaign funds. So now this year — the other guy can probably out spend 0bama.

      Seems like many of us predicted this scenario in 2008.

    • RalphB says:

      On the bright side of that fundraising gap is if/when Obama is reelected he won’t owe Wall St or most of the other people I detest a damn thing. That could mean a very different second term.

  4. Barbara J says:

    Gingrich tried the same attack and failed miserably. Obama smacks of desperation trying a failed strategy. It’s all he has. He’s the worst president in modern times and I hope he loses by a landslide.

    • bostonboomer says:

      Gingrich attacked Obama for ragging on Bain? That’s news to me.

      When you say “modern times,” how many years are you referring to? The worst president of my lifetime has to be George W. Bush–after all, he and his policies caused the Great Recession. He would be followed by Nixon, Reagan, Carter, Bush the elder, and Ford. Obama is way down the list of worst presidents in modern times unless you were born yesterday.

      • northwestrain says:

        Yes bush was the “let it happen” worst Prez ever. He really did out do good old dad.

        GWB probably set the standard for worst. His whole life he got by on his last name.

    • RalphB says:

      Please. The one place Gingrich attacked Romney with Bain was in SC and he cleaned his clock. He was then shamed out of it by the big money but it even worked for Newt.

  5. RalphB says:

    Maybe this has been done to death but OMG this is hilarious. Those Hamptons Romney donors are not exactly the elite it seems.

    Pizza Rat Publicist Simply Does Not Care For Your Class War

    Amongst the Masters Of The Universe, who are THE ENGINE OF THIS ECONOMY that Nobama is trying to dronekill with his socialist taxes, were the lovely Zambrellis on New York; a couple who once raised money and voted for Obama until he betrayed them by talking for three whole years about raising taxes on rich people. Impeach!
    And what is Michael Zambrelli’s greatest achievement in life? Well, he is the man who helped to rebrand Chuck E. Cheese from a teenager forced into wearing a moth-eaten rat costume reeking of sweat, old cheese and minimum wage while entertaining packs of feral children eating slightly warm cardboard and ketchup-flavored pizza when they’re not cavorting in one of those Ball Pits of Childhood Diseases into a backwards-hat-wearing “hip, electric-guitar-playing rock star” just like Scott Stapp but with less Jesus.

    • bostonboomer says:

      These are the “job creators” who drive “the engine of the economy?” I don’t think there is any amount of mocking of these people that would be too much.

      • northwestrain says:

        True that — and thanks for the snorting sort of laugh your remark evoked!!!

  6. The Rock says:

    Hey Dak!

    I know this is a bit OT, but I just saw this story and you are the one person I trust on economic issues. I remember him making the housing prediction, but does this prediction sound like it is on the up and up?


    Hillary 2012

  7. propertius says:

    The Mormons I know would never use the word “hell”. 😉

  8. List of X says:

    Seeing how Mitt Romney and his stuff constantly blame Obama for the things that are much more relevant to Romney (“liar”, “out of touch”, “no jobs plan”, “Obamacare”), it’s probably just a matter or time until Romney will claim that Obama has sheltered millions in Switzerland and Caymans

  9. blackhorsearmy says:

    The Obama campaign needs to keep hammering away at Romney on Bain, on flip flopping, on his job record as Bain, his draft dodging! Obama 2012!!