Tag Archive for: #obama2012

Why Mitt’s Trying to Beat up on Joe Biden

Just posted at the Plum Line: this really excellent political opinion column by Jamell Bouie. He gives an answer as to why Mitt has over the past 24 hours tried to blow up Joe Biden’s ‘chains’ remark into such a big deal: it’s cause he’s trailing in the election, by all reliable measures. “Losing” is Boulee’s word.

Borrowing an outlook from sports, I believe that if the campaign gets into the third quarter of the race (after Labor Day, after the autumn solstice) with current trends still favoring the president continuing, the professional political operatives on board the Romney team are going to need a series of Hail Mary passes to somehow get their candidate back in to the contest. With Mitt often being his own campaign manager, I’d say it’s him driving the over the top push-back against Biden, and continuing to air ads like the one falsely asserting Pres. Obama’s ruined the welfare law. Mitt himself may have written the fervid speech he game late last night, the one raising dungeon about Pres. Obama’s character, the one the Obama campaign this morning called “unhinged.” Bouie points out that one of the underpinnings within the Romney camp has been their presumed advantage with senior voters, but the Ryan pick is threatening to erode that big time. If so, pop goes one of the legs on their 3-legged stool.

As for the Obama camp’s response to the convenient outrage over Biden’s use of a loaded word, and their response to things like the welfare ad, I think they’re doing it right. Basically, they’ve made it clear they’re not having any crap, and they won’t be instructed by an opponent whose policies would damage the middle class–the big banks, the new shacklers that Biden was talking about–and which has been making stuff up about the president since their first TV ad.

The Plum Line, where Greg Sargent and Jonathan Bernstein also post, is one of my steady political reads on the Web

Ann on the Romneys’ Taxes–“There’s Nothing We’re Hiding”

“Ann Romney stroked the nose of Magic, a Welsh pony. ‘You’re so pretty, Magic,’ said Mrs. Romney. . . . When pressed. . . Mrs. Romney stood her ground. ‘We have been very transparent to what’s legally required of us,’ she said. ‘There’s going to be no more tax releases given.’ Mrs. Romney said if they release any more information, ‘it will only give them more ammunition.’ In regards to their finances, she said ‘there’s nothing we’re hiding.’ **

There’s a lot to unpack in this brief segment from the interview Ann Romney has recently done with NBC.

1) Notwithstanding the implication she would prefer to be taken away from her claim, the Romney campaign hasn’t yet released even one full year of tax information. Though most taxpayer’s 2011 returns have long since been filed, they haven’t yet released the most recent year. I don’t know what they’re waiting for. Moreover, for 2010–the one year they claim to have released–it was incomplete, as it lacked key filings the Romneys would have been obligated to make about their foreign bank accounts. The media should be making the point that claims aside, far from releasing two years, they haven’t even done one yet.

I noticed that Paul Ryan tried doing the same thing in his 60 Minutes interview Sunday night–speaking about Mitt’s two years of tax info in the past tense, as though they had already been released. Most of the attention for that part of the interview was paid to Ryan’s admission he’d provided “several years” of returns for vetting by the Romney campaign; equally significant was the sleight-of-hand he tried on Mitt’s taxes.

The media should be making the point that false claims aside, far from releasing two years, the Romneys haven’t even released one yet.

2) Her claims of transparency are belied by the facts. Mitt has been opaque about everything from his years as governor of Massachusetts–at the end of which, he instructed staff to purchase and destroy the hard drives on their office computers–to the sealing of Salt Lake City Olympics records to their personal finances.

3) As a matter of logic, how can the voting public reliably ascertain that she and Mitt aren’t “hiding” anything if they refuse to release more info? The Romney campaign has cited the supposed example of John McCain who as a presidential candidate released just two years of tax returns, but as a member of the Senate for many years, McCain had been filing detailed personal financial disclosures for a long time, and so an adequate paper trail already was available about him.

4) By stating that the release of more than two years of tax returns “will only give” the Obama campaign “more ammunition,” Ann Romney makes it sound as if she and her husband are helpless weaklings unable to protect themselves from the schoolyard bullies in the Obama camp. Come on, Ann, that’s what you’ve got your own bulwark of a campaign for! Buck up and deal with it. This is similar to Mitt’s appeals to the refs (i.e., the moderators) during the Republican primary debates–when he felt stung by an opponent’s criticism he’d ask the moderator– Wolf Blitzer in one instance–to intervene, claiming someone had violated debate rules. Observing this cowardly conduct, I thought at the time, “What a wuss!”

The Romneys are clearly hoping for credulous media to give them a pass on all their bait & switch tactics. One of the reasons I write this blog is to remind readers of mine who are also members of the media that they should not permit auto-pilot reporting to disguise this naked spin. Ann Romney puts up a gauzy front, shedding tears over the lovely Welsh pony Magic, but it’s just an act in service of her husband’s mendacious dissembling.

**If the subject of the Romneys’ horses interests you, please see my earlier post on the topic, All the Romneys’ Horses.
Note: The credit for the photo accompanying this post belongs to the publication Chronicle of the Horse.

Mitt’s Friday the 13th TV Adventure–Weak Talk & Condescension

In the round of network interviews Mitt Romney sat for yesterday, which he and his campaign doubtless hoped would quell the growing demands that he reveal more about his Bain years and his opaque finances, he uttered some really weak stuff that remind me of the moment in the primaries when he suggested people should talk only in “quiet rooms” about his business dealings. This is what he said to Wolf Blitzer yesterday.

“I know there will always be calls for more. People always want to get more,” Mr. Romney said on CNN. “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. And that’s–that’s all that’s necessary for people to understand something about my finances.”

“People always want to get more.” Such blazing condescension! “Understand something about my finances” Is that all the media and the people are entitled to learn, something?

Do Mitt and his advisors really believe this weak talk is going to quiet the demands for more information? They may wish it were so, but it ain’t gonna happen. Surely, over the next four months, other issues will take center stage but I predict that between now and Election Day this is going to be a continuing feature of the campaign. It will hover over Mitt’s campaign like a dark cloud continually threatening a downpour, and the people underneath it will never know when they’re going to get drenched.

Best TV Ad of the Campaign Season

The most damaging thing a candidate can to his political opponent is make him seem ridiculous, teasing him in such a way as to reduce his gravitas. We’ve seen that Mitt Romney always tries to maintain his gravitas, and this new ad by the Obama campaign utterly punctures that veneer of seriousness, using Mitt’s singing voice, not to mention making a fair point about Mitt’s business dealings.

Tax Fairness High on the President’s List & a Video on Mitt’s Offshore Accounts

Greg Sargent is reporting in his Morning Round-up on the Plum Line that President Obama will today reiterate his intention to end the Bush-era tax cuts on affluent people making more than $250,000 annually. To be precise, the reversion to higher rates, those that prevailed in the 90s when the economy did much better than in the 2000s, would actually apply only to that portion of their income above $250K, not on the amount below it. This fact won’t quell the outcry from the right-wing who are already claiming it’s a tax hike on small businesses, but that’s just rhetoric. As Sargent explains, the key point of tax fairness is one that the president will be campaigning on through the fall, offering potent contrast with Mitt Romney’s stated policies, and to Mitt’s own taxes. The Obama campaign will also use the issue to highlight the Republican candidate’s stunning lack of transparency about his finances, and the rate at which he pays taxes.

In this same vein, be sure to read Paul Krugman’s column today, Mitt’s Gray Areas, where as Sargent observes,

“Romney’s refusal to be transparent about his own finances suggests he doesn’t want to reveal the extent to which he would personally benefit from the policies he’s advocating, because so doing would be deeply damaging.”

Meantime, on my tumblr I’ve posted a new video from the Obama campaign, asking key questions about Mitt Romney’s offshore investments, including Sankaty High Yield Assets, the fund he transferred to his wife in 2003, the day before he was sworn in as MA governor. For convenience, the video is also right here. Share it around if you like, as Mitt’s offshore holdings bear a lot more scrutiny. Clearly, the Obama campaign is hoping that the media will continue reporting on Mitt’s opaque finances, with many unanswered questions about his investments and holdings.

 

More Questions about Mitt’s Money

Update: The Obama Campaign jumped right on the AP story on Mitt’s finances that I blogged about yesterday. Above is the video they’ve made about the issues raised by the story. It includes numerous statements from voters on Mitt’s offshore money. In the statement accompanying the video campaign press secretary Ben LaBolt says,

“Yesterday’s Associated Press story raises serious questions about whether Mitt Romney established a Bermuda corporation to avoid U.S. taxes and attempted to hide it from the public. According to the report, Romney transferred the mysterious corporation to a blind trust in his wife’s name one day before taking office as Governor in order to avoid disclosure. In fact, he left this entity off of seven different personal financial disclosure statements he was required to file under state and federal law since 2001. We already know about Romney’s $3 million Swiss bank account and millions of dollars of investments in foreign tax havens like the Cayman Islands. Bermuda does not tax corporate income or capital gains. Until Romney releases additional years of tax returns, the American people will never know whether he created this shell corporation to intentionally avoid paying U.S. taxes. What is Mitt Romney trying to hide?”

For my part, I hope reporters keep asking questions about the registered-in-Bermuda Sankaty High Yield Asset Investors, Ltd. Though it’s a mouthful to say, I think this opaque Romney-owned investment vehicle could have a lot of resonance with voters.