Quantcast
Connect with us

Romney refuses to release earlier tax returns, demands President Obama apologize

Published

on

Candidate also confirms he has no intention of releasing income tax returns for years prior to 2010

In an interview with ABC News on Friday, presumptive Republican presidential nominee Mitt Romney insisted that he had played “no role whatsoever in the management of Bain Capital after February of 1999” and demanded that President Obama apologize for remarks by his campaign staff implying that Romney might have committed a felony by misrepresenting his status with the firm.

ADVERTISEMENT

“The president needs to take control of these people,” Romney stated. “It’s Chicago-style politics at its worst and the president promised something better than this when he ran the last time. And he ought to disavow it and reign in these people who are running out of control. … He sure as heck ought to say that he’s sorry for the kinds of attacks that are coming from his team. … This is simply beneath the dignity of the presidency of the United States.”

The Washington Post has copies of six SEC forms that Romney signed as Bain’s president, chief executive officer, and chairman between 1999 and 2001. According to Romney, however, he was no longer making any management decisions and signed the forms only because it took several years “to negotiate a departure and retirement program.”

In another hastily arranged interview on Friday, Romney told CNN that he has no intention of releasing more than two years of his income tax returns.

“We’ve complied with the law,” Romney stated. “The law requires us to put out a full financial disclosure. That I’ve done. I know there will always be calls for more, people always want to get more, and, you know, we’re putting out what is required plus more that is not required, and those are the two years that people are going to have. … That’s all that’s necessary for people to understand something about my finances.”

ADVERTISEMENT

Meanwhile, President Obama continued to hammer Romney on Frida, telling an ABC affiliate, “My understanding is that Mr. Romney attested to the SEC, multiple times, that he was the chairman, CEO and president of Bain Capital, and I think most Americans figure if you are the chairman, CEO and president of a company that you are responsible for what that company does.”

The dispute, which started off with questions about whether Romney should be held responsible for layoffs and bankruptcies at companies managed by Bain during that period, has now turned into an issue of Romney’s character. As the president went on to say, “Ultimately, Mr. Romney, I think, is going to have to answer those questions because, if he aspires to being president, one of the things you learn is you are ultimately responsible for the conduct of your operations.”

Image by DonkeyHotey via Flickr

ADVERTISEMENT

This video of Romney telling CNN that “people always want to get more” was uploaded to YouTube by Talking Points Memo on July 13, 2012.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

2012

Here are 7 wild, bizarre and pathetic moments from Trump’s ‘campaign launch’

Published

on

On Tuesday night, President Donald Trump held a rally that was billed as the official launch his re-election campaign — though he has never really stopped holding campaign rallies.

As expected, the president ranted, lied, and engaged in the raucous attacks that are central to his connection with Republican voters. Some of it was actually just sad, such as his continued obsession with Hillary Clinton.

Here are seven of the wildest, disturbing and pathetic moments from the rally:

1. He said Democrats "want to destroy our country as we know it."

Trump casually accuses Democrats of "want[ing] to destroy you and they want to destroy our country as we know it." pic.twitter.com/4K79KlbEeR

Continue Reading

2012

British PM candidates clash over Brexit as Boris Johnson skips debate

Published

on

Candidates to become Britain's next prime minister clashed over Brexit strategy at their first debate on Sunday but the frontrunner, Boris Johnson, dodged the confrontation.

The 90-minute debate on Channel 4 featured the five remaining candidates and an empty podium for Johnson, the gaffe-prone former foreign secretary and former mayor of London.

In sometimes ill-tempered exchanges, four of the five candidates said they would seek to renegotiate the draft Brexit divorce deal agreed with Brussels even though EU leaders have repeatedly ruled this out.

Continue Reading
 

2012

Michael Cohen ordered back to Congress on March 6

Published

on

President Donald Trump's so-called "fixer" is being asked to return to Congress for more questioning on March 6.

Outside of the closed-door committee hearing Thursday, Cohen said that the House Intelligence Committee is seeking further information, according to Washington Examiner writer Byron York.

Michael Cohen finished closed-door testimony before House Intel Committee, says he's coming back for another session March 6. Again: No reason for secrecy. Transcripts should be released ASAP.

— Byron York (@ByronYork) February 28, 2019

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image