The real bombshell
So Mitt Romney lied under oath in a divorce case, is not a bombshell. But hopefully it will refocus the MSM attention on the bombshell that was revealed months ago.
Mitt Romney would brag that he was a great businessman and should vote for him because of this; he could turn around the economy. Yet, it was shown his company (Bain) outsourced jobs to other countries, fired employees and drove companies into bankruptcy. Mitt Romney responded that he was not responsible for these things because they happened after he left the company in 1999. However, official SEC documents, which Mitt signed under penalty of perjury, indicate he was CEO of Bain until 2002.
If Mitt Romney left Bain in 1999 then why is Bain important? We must not forget a major contributing cause of the Financial Crisis of 2008 was the filing of false or misleading documents with the SEC. This is no small or trivial matter. Since 2009 the SEC has collected fines of over 3 Billion dollars for this violation from financial institutions such as, among others: “Goldman Sachs”, “Citigroup”, “Credit Suisse”, “J.P. Morgan”, and “UBS”. Mitt Romney said actually left all operational control of Bain Capital in 1999. This means he sanctioned and acquiesced to the filing of false and misleading documents with the SEC until 2002. This indicates a certain attitude towards these filings: The complete and truthful disclosure of all facts to the SEC is not important. This was an attitude all too prevalent in the financial community prior to 2009, and all of us paid the price.
Is full disclosure to the SEC one of the regulations Mitt Romney would do away with? What about other regulations overseeing the financial community; Wall Street and the banks too big to fail? If you put a fox in charge of the chicken coop, you have a problem for the chickens. Will Mitt Romney's election be the equivalent of that for the small investor? As a small investor, and businessman, is this a chance I want to take? I have been burnt once by a government that did not believe in regulation, and was asleep at the wheel.
"Bain" was first brought up by a candidate, who Mitt Romney mocked as wanting to colonize the moon, and the false filing received no mention in the media. Perjury is perjury. It was ethically and morally equal to saying "I never had sex with that woman", for which Bill Clinton was impeached. However this was much worse. This was related to an institution designed to protect investors, not sex. There can be no equivocation since the two official documents Mitt signed exactly contradict each other 100%. He can not flip-flop between these two documents. Either Mitt lied to the SEC, which is perjury, or he is bald-faced lying to us, we the people he wants to vote for him.
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