In a federal disclosure form filed on August 12, 2011, wrote that he had retired as CEO of Bain Capital to run the Salt Lake City Winter Olympics on February 11, 1999. Since then, Romney wrote, he had 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."
The Boston Globe revealed that Bain Capital filed documents with the Securities and Exchange Commission (SEC) as late as 2002 reporting Romney as "sole stockholder, chairman of the board, chief executive officer, and president" of the company. Massachusetts financial disclosure forms also report that he earned at least $100,000 as a Bain "executive" in 2001 and 2002 and owned 100% of the company as of 2002.
I.e, he lied, like so many others like him.
"Retroactively retired" is the same thing as working there at the time and dates in question and playing with words in such a way that his and his kept wife's view of most Americans as "you people" means that they are believed too ignorant to understand the real implications of Romney's fraudulent behaviors.
Mitt Romney has presented himself as a candidate who understands free markets and getting the economy back on track, and he’s pointed to his time at Bain Capital as evidence. President Barack Obama’s campaign, meanwhile, had taken that point of ostensible strength and targeted it for relentless attacks.
How can a man who outsources American jobs to other countries on the cheap, contributes to the crash of the economy, and who also helped invent the fictitious GOP invention "Obamacare," (properly known as The Affordable Care Act); and who then attempted to gain GOP support by saying he'd repeal it, and who also pays less of a tax rate than Warren Buffett's secretary on a billionaire's income, say he can "fix" an economy that he and others like him helped to crash in the first place?
Sorting fact from fiction isn’t always easy when it comes to private equity’s complex transactions and Romney’s far-reaching wealth. Many of these issues also have implications about job creation, regulation and taxation.
The public employees union AFSCME was more than precise in its claim: "While Romney was a director of the Damon Corporation, the company was defrauding Medicare of millions."
Somewhere between the Medicare fraud, the "blood money" of the Damon Corp., the tax dodging, the accusations of Romney's building of shell companies to house money laundering schemes, which can and very well may lead to investigation of investments made in countries not only known for sheltering tax dodgers, but also for running many high-profile drug and prostitution rings.
If that is the case, Willard Mitt Romney is nothing more than a "common Arizona drug dealer in a suit and tie with a title hiding behind the personhood of corporate America to disguise it."
The American people do, indeed, have the right to know if a potential felon is running for President.
If the horse that is trying to escape disclosure by refusing to produce his income tax returns for 10 years had been a horse of a different color, his loss at succeeding the current President would not only have been the shot heard around the world, with a landslide election for the Incumbent; but the "other" horse would be in prison right now without benefit of accurate testing of the situation at hand, let alone a fair trial.
In the meantime, Mitt Romney has demanded 'an apology' from President Obama for the "Bain Attacks."
The day President Obama does that is the same day Trayvon Martin arises from the grave to apologize to George Zimmerman for running from a racist stalker with a loaded assault weapon and turning to defend himself just before being gunned down in cold blood for no reason.