Romney Campaign Adviser Ed Gillespie: Mitt Romney Wasn’t Responsible for Bain, “Retired Retroactively”

ed gillespie Romney Campaign Adviser Ed Gillespie: Mitt Romney Wasnt Responsible for Bain, Retired Retroactively

Romney Campaign Adviser Ed Gillespie: Mitt Romney Wasn’t Responsible for Bain, “Retroactively Retired”

How does one retire retroactively? Um, ask the Romney campaign. You see, the Bain Capital fallout continues and it’s getting crazier by the day. Ed Gillespie, a senior campaign adviser for Mitt Romney, appeared on “Meet the Press” Sunday morning to answer questions about Romney’s tenure at Bain Capital, well, let’s just say I’m shaking my head at the new excuse they have come up with — Mitt Romney retroactively retired from Bain Capital. That makes the Obama onslaught justifiable. This was Ed Gillespie’s excuse why Mitt Romney wasn’t responsible for the company’s actions during the time in which he remained as CEO and president — during the Olympics.

GREGORY: He was still financially linked to Bain. And of course, a lot his fortune is due to his time with Bain. Even when he was on leave, does he stand by the business decisions that were made by the firm he created?

GILLESPIE: He actually retired retroactively at that point. He ended up not going back to the firm after his time in Salt Lake City. So he was actually retired from Bain. Source

Oh what a tangled web we weave when we try to spin the truth. The Obama campaign opened a can of “whoop ass” on the Romney campaign, particularly as they stood firm with their assertion that Romney “retired” from Bain Capital in February 1999, only for previously unreported SEC documents to surface suggesting that Romney did in fact remain the CEO and chairman of the company while he claimed to be away at the Olympics. Once again, the Romney campaign has left more questions than answers.

Rahm Emanuel, mayor of Chicago, said it best — “If you want to claim Bain Capital as your calling card to the White House then defend what happened to Bain Capital and what happened to those jobs that went overseas, those jobs that were actually cut and eliminated and the companies that went into bankruptcy. And the very companies that went into bankruptcy while Bain was still getting paid, same philosophy that led to him advocating that the auto industry go bankrupt.”

Gillespie also danced around the whole issue of Mitt Romney releasing more than two years tax returns saying he has been very transparent. Um, really? Are they also redefining what transparent means? The Boston Globe reports Romney’s account of his departure from Bain Capital has evolved.” So, he takes credit for the so-called good things that Bain Capital did, but runs like Usain Bolt and Flo Jo from the bad things. This is the same way he will run this country if given the opportunity. More like a “scalded cat” as Sen. Dick Durbin says. The new explanation from the Romney camp is being ridiculed on Twitter and it won’t stop the Democrats and the Obama campaign either.

Here’s the reaction on Twitter:

Watch Ed Gillespie create more muck for Romney campaign:

Watch Rahm Emanuel slam Mitt Romney on whining:

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 Romney Campaign Adviser Ed Gillespie: Mitt Romney Wasnt Responsible for Bain, Retired Retroactively
Janet Shan is a freelance journalist, blogger and social media consultant. Janet specializes in political and social commentary, as well as business writing. She is the founder and managing editor of the Hinterland Gazette. She is putting the finishing touches on her new novel, a mystery based in the hills on Montego Bay, Jamaica.
  • http://functionalculture.blogspot.com Constructive_Feedback

    Janet:

    This appears to be playing in the hands of people who prefer jousting over retaining their view of the big picture.

    While Mayor Emanuel is dealing with a city that is reverting toward 1950’s Mississippi with respect to Black murder rates – he understands that he can continue arguing that had Romney had his way General Motors would be out of business.

    He understands most people won’t recall that Delta Air Lines and so many other corporations that went bankrupt and came back strong – all without a government bailout.
    He also understand that while people scorn the banks for taking a government bail out – GM, who’s debts came mostly from its union benefits overhead won’t be see as a ‘greedy bank’.

    Why is it that Ford Motor Co which saw a problem 5 years ago and began working with its unions and suppliers AVOIDED BANKRUPTCY while GM and Chrysler failed to do so and had to file.

    Some facts are too detailed for the 24 hour news cycle.