Obama & Bain: The Ultimate Smear Campaign

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Ms. Cutter and the rest of these rumor-mongers have reason to be concerned. Slowly but surely, the truth is trickling out. An article by Washington Post fact checker Glenn Kessler reveals that the story by the Boston Globe “seems to hinge on a quote from a former Securities and Exchange Commission member (Roberta S. Karmel), which would have more credibility if the Globe had disclosed she was a regular contributor to Democrats,” and that there “appears to be some confusion about how partnerships are structured and managed, or what SEC documents mean.” The paper also states that in order to believe the claims made by Cutter, et al., “one would have to believe that Romney, with the advice of his lawyers, lied on government documents and committed a criminal offense. Moreover, you would have to assume he willingly gave up his share to a few years of retirement earnings–potentially worth millions of dollars–so he could say his retirement started in 1999.”

The Post also confirmed Fortune’s assessment that Romney “was only a passive investor” in Bain Capital. ABC News came to the same conclusion. “Democrats say it defies common sense that someone who technically owned Bain Capital could have no say whatsoever in its investment activities and operations…But, as fact checkers note, Team Obama does not provide any specific evidence to back up claims that Romney was actively managing Bain between 1999 and 2002.”

Yet a follow-up article by the Washington Post fact-checker — that awarded the Obama campaign three-out-of-four Pinocchios for lying — illuminated the crux of the issue. “Indeed, if someone wanted to make a criminal case (against Romney), why quibble with ancient SEC documents?” asks Kessler. He continued:

In 2011, Romney, as a presidential candidate, filed a public financial disclosure form, under pain of perjury, that stated:

“Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.”

Kessler noted that if Romney lied on that form it would indeed be a felony. He concludes his piece with a challenge. “Still, if the Obama campaign wants to put its money where its mouth is, it should immediately lodge a complaint about Romney’s financial disclosure form, filed just last year, rather than try to mislead people about potential violations in relatively unimportant SEC documents.”

Kessler is missing the point. Misleading people is precisely the aim of this whole charade. Nothing illustrates that reality better than the statement made Sunday by Obama campaign advisor David Axelrod on CNN’s “State of the Union.” Referring to Cutter’s either/or contention that Romney lied about his time at Bain Capital, or he lied on SEC filings, Axlerod was asked if Romney was a felon. Axlerod said that if Romney made false allegations on SEC forms, that it would constitute a felony–even as he noted that Cutter did not accuse Romney of actually being a felon.

In other words, rather than making anything resembling a substantiated claim, members of the Obama re-election campaign and their media enablers are resorting to the lowest form of innuendo. Virtually any accusation, no matter how meritless, can be plugged into the formula. Thus, the Obama campaign could say, if Mitt Romney cheated on his wife, then he’s an adulterer — secure in the knowledge that at least some of their media surrogates would be more than willing to run it as a “breaking” news story.

The strategy here is clear. Hurl enough accusations at Romney to make him a reactive candidate, who spends more time defending himself, rather than a proactive candidate who can continue to focus on the president’s dismal economic record, his contempt for the Constitution, and the numerous scandals that afflict his administration. Unfortunately, Mitt Romney rose to the bait, demanding an apology. “He [Obama] sure as heck ought to say that he’s sorry for the kinds of attacks that are coming from his team,” Romney contended.

Such a quixotic request demonstrates a disturbing level of naivete. Hell will freeze over before Obama and his surrogates apologize for anything, much less something that puts Romney on the defensive, no matter how absurd the charges are. It is who they are, and what they do. The sooner Mitt Romney comes to terms with it, the better his chances in November. Counter-punching is insufficient strategy. President Obama, as his most recent attack on private enterprise indicates, intends to expand on his socialist/Marxist vision for America in a second term. Mitt Romney remains the last obstacle in his way.

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  • cedarhill

    Couple of things. You can bet that Obama has taken the FBI mishandling of info, ala the Craig LIvingston episode, to places only tyrants dream about. Which means his attack machine has every scrap of anything that ever hit the Federal governments door, mailbox, email even down to the post-it notes on FBI agents calendars along with his latest colonoscopy results.

    Secondly, excepting anything they may save for the October Surprise, Romney's spending machine cannot be unleashed until the GOP Converntion at the end of August. Send McCain and Feingold a thank you note. This means if you don't see anonymous sources leaking damaging information then it's just not there. Since Obama is running as hard as he can away from his record into Borking Land, he must do all his evil smears before Sept 1. At that time, Romney will open his spending gates.

    As a post note – even with the huge spending ability has in using McCain-Feingold to his advantage, he's still not cracking 50% in any honest polling in the states he's showering with ads. My guess is Obama's timeline is even shorter than the next six weeks. This isn't a movie where you build to a crescendo but a prise fight where Obama has to score a knockout in the first few minutes or face a relentless body blow attack over 15 rounds.

  • Robert L. Quinn

    Mitt Romney, as are all Republicans in Congress, victims of there own stupidity and treasonous cowardice. Obama’s Achilles Heal is his birth certificate and selective service registration card are both irrefutable forgeries as now proven by Sheriff Arpaio.

    While the Obama team keeps Mitt on the defensive with lies and distortions the Republicans refuse to even acknowledge the irrefutable evidence exists that Obama’s eligibility documents are forgeries.

    This is the pinnacle of politically correct stupidity and I fear our Republic is doomed. http://www.scribd.com/doc/93794837/Speaker-John-B

  • Tale-of-the-Donkey

    What did Obama create? A biography……make that two biographies!

    Obama is the bane of capital. He does not understand it. He does not understand the risk of capital, the possibility of capital, the magic of how America opened possibilities never before imaginable because it liberated capital for private enterprise.
    American Thinker http://www.americanthinker.com/2012/07/obama_the_

    If Mitt Romney is maladroit at establishing this; he has proven (again) to be the Bane of Conservatives.

  • oldtimer

    Obama knows nothing about the middle class and small business. He's the one that's "out of touch" and Romney should use 0's own words against him. 0 proved it when he said "you didn't build that". The only "job" the 0 had was as a community organizer, showing people how to live off the government system, and raising money for his socialist agenda.

  • umustbkidding

    Let's see here. Zero says that if your business is successful, that it's the government that made you successful. So does that mean that if your business fails that the government is responsible or if out sourcing is the way your company needs to operate to be successful that it is because the government is making it that way?

    Unfortunately today if your business is small and it succeeds then it is against all odds that you beat the government and all of the hurtles that it puts in our way. But, if your business does fail or you end up having to change your business model to make your business profitable, indeed it usually in response to government intrusion.

  • Steve Chavez

    What does Leon Panetta and his FBI AND CIA have that will go after Romney , or his VP pick, as the October Surprise? They could also go after a major supporter of Romney with photos of that person introducing Romney at a major event.


    As this article states about the willing media conspiracy, Romney needs to attack like a starving Lion.

  • LibertarianToo

    I'd like to see the Romney campaign bring up the fact that cocaine possession is a felony, and ask the Pres for comment. Of course that would immediately be denounced as racist.

    • dennis x

      I think the statue of limitations has run out on that one! Try the Rev. Wright approach , the President sat there for 20 years , wait willard sat in a racist church ( one that actually discriminated against Black People) for 31 years! Maybe the birther thing wil work for you.

  • Western Spirit

    Romney has to go on a rampage of truth telling, that's how lies are handled. Obama's dismal record is a good place to start, continue, and finish.

    The Left is trying to get Romney to be a "nice guy" and run a lukewarm campaign when he should be hitting Obama with the truth, the whole truth and nothing but the truth.

    Nice guys finish last.

  • Western Spirit

    Romney has to go on the offensive and not allow himself to be defensive. People on the defense look bad no matter if they are defending themselves from a lie.

    It's a neat trick by the Left to bate him with this lie, and like Hitler said lies told often enough are believed.

  • tagalog

    The government made Bain Capital; Mitt Romney had nothing to do with it. Somebody else made Bain Capital. Romney is obviously an innocent man.

  • BLJ

    Obama is a tool. He has no clue how the free enterprise system works. I still want to know how in the hell he was able to go to Pakistan in 1981? I thought he was a poor college student?

  • Manny Assurian

    Ramni should say that I will release my past years tax returns, if Obama releases his school graduation documentations & the rest of the info that he has his lawyers hide from public.

  • Tatersalad

    You didn't build that!

  • ebonystone

    So Obama and the Dems are calling Romney a felon? That's really rich coming from a party whose whole philosophy amounts to stealing from their opponents to reward themselves and their supporters. It's summed up in the immortal words of Harold Washington, at the party celebrating his election as Chicago's first black mayor: "We're gonna get OURS now!"

  • James Caskill

    It will be interesting as we learn more about Bain capital.

  • stevefraser

    Mitt can't go on the offensive….he's an effete 1%er who has not concept re what he's dealing with re the Obama Fascists.

  • stevefraser

    It's truly amazing how weak and ineffective Mitt and the GOP are dealing with the Progressive/Fascists. Mitl will be on the run through the election and will never be able to "define" Obama" as a dangerous Lefist who threatens the core values of the Republic.

  • http://www.facebook.com/mike.villano.71 Mike Villano

    The parasite in chief destroys jobs and sends them overseas every time he opens his ignorant petulant mouth.
    You'll notice when Dems accuse you of something, they invariably project their own behavior, actions and feelings.
    The more malignant parasites to feed here, the more jobs disappear and move elsewhere.

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