Via Boston Globe's Boston.com site, Callum Borchers and Brian MacQuarrie describe the evolution of Mitt's story over The Missing Years, 1999 - 2002.
First, indeed it has changed. The story is not the same in 1999, in 2001, in 2002, or 2012. Kind of like his story about whether he thinks the healthcare mandate is a penalty or a tax.
Second, backdating a severance deal THREE years, is supposed to somehow serve as proof that Mitt was not involved with Bain since 1999. Or more likely, an attempt to hide the truth by editing the past. It is curious that the severance deal was completed in 2002, the year he was running for governor of Massachusetts, and backdated his severance to 1999, immediately pointing to it during the race, as proof that he wasn't involved with Bain.
Third, as I've been repeating ad nauseum, Mitt can reveal what his tax records show during those years: whether he was ACTIVE or PASSIVE. But clearly something is hiding in his records, because he refuses to release anything beyond a full 2010 filing and a partial 2011 filing.
Fourth, Mitt may be a goner. This whole story of his finances has real traction, whether it is his $1000 account in the Cayman Islands earning millions, the question of whether he was hedging against the US with his offshore money, or a curiosity of how Mitt's got an IRA earning a yield higher than Madoff's ponzi investments. There is real momentum building now, and Mitt's adamant stance against releasing more tax information means that he's stuck in a Catch-22.
No comments:
Post a Comment