Burch: Is Romney toast?

Thursday, July 19, 2012 at 9:05pm
By Michael R. Burch

Is Mitt Romney still in the running? While at the moment the presidential race seems to be neck-and-neck, I think Romney may have just pulled up lame. Meanwhile, the Democrats have trotted out their political thoroughbred, Bill Clinton, who seems to be kicking up his heels and feeling frisky.

Here’s what Clinton said on NBC’s Today show about Romney’s tax returns: “I am a little surprised he only released a year’s worth of tax returns. That kind of perplexed me, because this is the first time in, I don’t know, more than 30 years that anybody running for president has only done that. You know, it’s typical we all release 10, 11 years; I think Senator McCain released over 20 years of tax returns.” And of course Romney’s father set the national precedent by voluntarily releasing 12 years of tax returns when he ran for president in 1968.

Here’s the real stunner. On the morning of July 12, speaking on the Senate floor, Majority Leader Harry Reid made this remarkable statement: “His father, George Romney, set the precedent that people running for president would file their tax returns, let everybody look at them, but Mitt Romney can’t do that because he’s basically paid no taxes in the prior 12 years.”

How could Reid know if Romney failed to pay taxes for 12 years? One possibility is that the word leaked out after Romney disclosed 23 years of returns to John McCain, when Romney was under consideration to be McCain’s running mate. If that’s true, this would explain why McCain chose Sarah Palin over Romney, and why Romney refuses to release more returns.

But Romney may now have bigger fish to fry than worrying about the presidency, such as staying out of jail if he illegally evaded taxes. While the evidence is not conclusive, due to the undisclosed returns, it seems Romney may have sheltered up to $100 million of his personal fortune in offshore “IRA” accounts, according to reputable news services like the New York Times, Wall Street Journal, TIME, Reuters, CBS News and Huffington Post

If what Romney did was on the up-and-up, he should just say, “Look, what I did was perfectly legal, but it is unfair to other American taxpayers, and we need to fix the unfair tax system and close the loopholes.” But by refusing to disclose his taxes, he gives the impression that he did something wrong and fears what would happen if he told the truth.

For example, an investment vehicle called the Sankaty High Yield Asset Investors Ltd. has been described in securities filings as a “Bermuda corporation wholly owned by W. Mitt Romney.” Romney transferred his wife’s newly created blind trust to Sankaty the day before he was sworn in as governor of Massachusetts. Sankaty’s director and president is R. Bradford Malt, Romney’s lawyer. Romney failed to list Sankaty on several financial disclosures, even though such a closely held vehicle would seemingly not qualify as an investment fund excepted from disclosures.

Sankaty, however, was only made public when Romney disclosed his 2010 tax return, after being pressured to do so during the debates. Having most or much of his wealth in offshore tax shelters could easily explain Romney’s fish-out-of-water act. Surely the American public has the right to know why a man running for president has offshore accounts that give every appearance of being part of a shell game to avoid U.S. income taxes. Is there any reason to create shell companies in Bermuda and the Cayman Islands, other than to avoid U.S. laws and taxes?

And there is good reason to question whether Romney’s “blind” trusts are really blind. One of the investments that Malt made with Romney’s “blind” trust was to put $10 million in Solamere, a company co-founded by Romney’s son Tagg and Romney’s campaign finance chair, Spencer Zwick. The Solamere investment strongly suggests that Romney’s “blind” trust is operating under Romney’s watchful eye. And if you don’t believe me, please consult an expert: in 1994, Mitt Romney explained that the “blind trust” is an “age old ruse!”

Is Romney electable? Joe Scarborough, one of TIME’s 100 most influential people in the world, recently said, “I have yet to meet anybody in the Republican establishment that worked for George W. Bush, that works in the Republican Congress, [or] that worked for Ronald Reagan that thinks Mitt Romney is going to win the general election.”

Michael R. Burch is a Nashville-based editor and publisher of Holocaust poetry and other “things literary” at www.thehypertexts.com.

85 Comments on this post:

By: Sherwood80 on 7/20/12 at 10:40

What sickens me - truly, are the comments to an otherwise excellent article - indicating that very few of these folks know who to communicate with others. Oh yes, they know how to write - but inform, hardly!

To the point, Romney IS toast, getting crisper every time he attempts to explain away his misconceptions of life as it actually is...

By: Captain Nemo on 7/20/12 at 11:40

By: yogiman on 7/20/12 at 6:38
Accusations are one thing, proof is another.

This comes from a troll that lives and breaths accusations.

By: bfra on 7/20/12 at 11:43

Sherwood80 - I think you meant "how to communicate". No problem everybody makes errors. To err is human! Yes, it does get old with the same one & his echo hi-jacking every topic. If he had any proof, it would be a different ball game, but he doesn't.

By: bfra on 7/20/12 at 11:45

Nemo - I thought he was trying to make a joke to cover his stupidity!

By: Captain Nemo on 7/20/12 at 11:53

By: Beernazi on 7/20/12 at 8:18

yogi, you have been duped again. Your critical thinking skills are as poor as your grammar.

I must correct you on this Blanket; yogi has always been a dupe and a dope. He is the original dupe a dope.

By: Captain Nemo on 7/20/12 at 12:00

By: BenDover on 7/20/12 at 10:10
31 of 45 post -- of, or related to, yogi's birther obsession . Y'all have a nice day.

Ben is spot on; yogi has made this all about himself. He is a very lonely, with no friends or children that want to be near him or even acknowledge him. The best way for us to hurt the old sob is to not recognize it.

By: Captain Nemo on 7/20/12 at 12:07

I think Romney has a lot to hide about his wealth, not only from the government and the church, but from the public as well.

Let them eat cake.

A Romney-

By: dargent7 on 7/20/12 at 12:47

Ann Romney was nailed to the cross 3 months ago: "She's never worked a day in her life". Very 100% true.
Two Cadillacs, nannies, private schools, butlers, drivers, manicure lawns, for all the little Romney's.
Catch his 5 sons making the rounds on tv shows? Anyone want this group in the W.H.?
Several have surrogate women bearing their offspring since seems the men all shoot blanks.
His family photo is twice the size that of the Kennedy's. And "Camelot" is way gone.
Assassinations, divorce, alcholism, accidents, incest, retardation, drug addicts, affairs, DUI's, suicide.
Obama seems like a simple fellow...wife, two kids. No ancestory tree 150 years old and the size of a Buick.
Romney will never get elected. Humiliated and defeated. But, never elected.

By: bfra on 7/20/12 at 12:48

I think the comparison of Romney's wife's remark to Leona Hemsley is spot on!

By: pswindle on 7/20/12 at 12:50

The one year that Mitt did release is not complete. He left out the pages that tell of his overseas bank accounts. He is one slime ball.

By: JohnGalt on 7/20/12 at 1:49

With the hate you have for Romney, Burch, how will you survive the eight years of his presidency?

By: bfra on 7/20/12 at 1:53

JohnGalt - If we have enough people with good sense voting, he won't have that problem.

By: yogiman on 7/20/12 at 3:48

bfra,

If we have enough people with good sense we won't be taken into communism in Barry's next term.

With people like you as ignorant as you on the current situation, he may get re-elected. And if he is, you can kiss the USA goodbye.

If it looks like a loss for him, I believe he will try a martial law takeover. We've only got a little over 100 days. Let's see.

By: Beernazi on 7/20/12 at 3:54

How many birthers does it take to change a light bulb?

Two.

One to antagonize truth at every turn, decry victory in every defeat, misread or lie about truly epic proportions of settled case law going back hundreds of years, tie up our already overburdened court system with cackling idiocies, enjoy and exploit racism and fear for financial gain, instigate for violence towards elected public officials and root for a civil war while wating for the rapture.

The other to screw in the lightbulb.

By: Beernazi on 7/20/12 at 4:01

Q: What’s wrong with Birther jokes?
A: Birthers don’t think they’re funny and other people don’t think they’re jokes.

By: bfra on 7/20/12 at 4:09

yogi & his predictions are like Chicken Little!

By: Mike Burch on 7/20/12 at 4:17

Yogi,

As I've explained before, I would rather have an intelligent Kenyan (or Martian) than someone like Romney as president. The GOP has gone insane, and it makes no sense to cut our noses off to spite our faces. Barack Obama was just a baby and is not responsible for his birth certificate. Mitt Romney is responsible for whatever appears on the tax returns he refuses to disclose. Romney damns people like our aging parents if they need affordable healthcare, saying they want "free stuff." But it seems Romney has probably evaded millions in taxes, so he's not above taking "free stuff" himself.

Romney and the Republicans want to help the rich get richer, while our loved ones work more, make less, and get thrown on the waste heap when they can't work any longer. So ...

If you love your mama,
vote for Obama!

Mike

By: yogiman on 7/20/12 at 4:27

I just read an article I thought y'all might like from a Czech Republic newspaper, the Prager Zeitungon. Thought y'all might like it as it seems to identify y'all pretty well.

Quote: "The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgement to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the Prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a multitude of fools, such as those who made him their president."

By: Mike Burch on 7/20/12 at 4:34

Beernazi,

Thanks for the comic relief!

It seems odd for birthers to condemn a baby for possible adult screwups related to his birth certificate, then defend Mitt Romney, who as an adult seems to have evaded millions in taxes, then had the audacity to run for president.

Even if Barack Obama is not an American citizen, which seems very unlikely, he had nothing to do with the circumstances of his birth, and has shown himself to be a man of good character.

On the other hand, Mitt Romney as an adult chose to have Swiss bank accounts and tax shelters in Bermuda and the Cayman Islands, and still chooses to berate average American Joes and Janes for wanting "free stuff" when what they really want is just a fair shake from the government. But Romney wants them to pay taxes while he laughs all the way to the bank ... in Switzerland, Bermuda and the Cayman Islands.

Mike

By: Mike Burch on 7/20/12 at 4:40

dargent7,

Thanks for the suggestion. I will plan on writing an article about Tennesseans and their gun addictions. Even Wyatt Earp didn't allow people to carry loaded weapons into bars. He made people check in their guns when they entered Tombstone. The famous gunfight at the OK Corral took place when some men refused to surrender their guns.

So Tennessee makes the Wild, Wild West look like a day in church.

Mike

By: yogiman on 7/20/12 at 4:40

Mike,

You may as well cut your nose off because you apparently can't see past it. I can understand you preferring someone as your President who had Kenyan or foreign ancestors as long as they were legal according to our Constitution.

I prefer we follow the Constitution our founders put in place for us and I insist a natural born citizen as President, which Barry Soetoro aka Barack Obama isn't.

Common sense should tell you if he was in office legally he would freely offer such information to save the money he is spending on the issue.

By: yogiman on 7/20/12 at 4:52

Mike,

Did you ever take any lessons in civics? Wasn't you taught the meaning of the Constitution.

To say you would willingly accept anyone as President of this nation indicates you have a mental disorder.

Based on your thoughts, anyone in this world should be eligible to become President of the US.

What have you been taking? Could it be the same dope Barack used to take?

By the way, is he still a dope addict?

By: yogiman on 7/20/12 at 5:02

Mike,

I know you aren't a God fearing man, but what do you think about the decision made on the Walter Reed Hospital on religion in the hospital? That decision happened on Obama's watch. What do you think?

Check www.snopes.com/politics/religion/walterreed.asp/

By: dargent7 on 7/21/12 at 6:02

Sat. 07/21
Watching this tragedy in Aurora, CO is getting me depressed.
Seems the guy, Holmes, was a PhD. candidate in neuroscience (whatever that is) and dropped out of the University of Colo.
He has a BS in the same field.
I'm amazed he didn't commit suicide by cop or shoot himself when the cops closed in. He parked his car at the back door, implying he wanted to be caught.
Now, we'll all study him and try to figure out why he did what he did.
So far, nothing emerges giving any signs of mental illness. Parents live in Rancho Penesquitos, a San Diego neighborhood.
I still want to know why his car had Tenn. plates. He bought it here and drove it cross-country. What was he doing HERE? Maybe listening to country music and Taylor Swift videos made him go insane.

By: yogiman on 7/21/12 at 7:00

dargent7,

Just look at the picture of the guy. It should tell you he has a mental disorder problem. And why did his mother make the remark, "he's my son" as she did?

By: Ask01 on 7/21/12 at 11:35

Is Romney toast?

The answer to that query must be a resounding "Yes!"

Daily, it seems, more stories surface painting former Governor Romney as totally out of touch with the average American. The stories of his wealth, not evil in itself, but how he amassed his fortune, outsourcing, it appears, jobs to foreign countries while Americans suffered from unemployment, while perhaps legal, is morally reprehensible.

The Kennedy's were wealthy in the extreme, yet were still able to connect with the average citizens. Somehow, I don't see the Romney's accomplishing the same connection.

After all, I can never recall any statement made by Jackie Kennedy alluding to "you people."

The voter ID laws, most passed by Republican controlled state legislatures, while purportedly based on the noble cause of defeating 'voter fraud' have been received by many citizens as attempts to control or prevent voting by the 'less desirable' elements of society.

The result will likely be efforts to ensure those potentially denied voters have identification and most certainly drive mant undecideds into the arms of the Democratic party.

I have long held and opined that the antics of Republican controlled legislatures are turning away. I still believe this, and am even more sure the party is imploding when I see full page ads such as the one the 20 July edition of the Tennessean in which some Republicans level all manner of interesting charges against a Republican governor.

Riding the bus as I do, I encounter a wide spectrum of voters and the conversations I overhear convince me Mitt Romney in particular, and the Republican Party in general are in danger of suffering terribly at the polls this year as they scare away potential voters.

This could be the beginning of the end for a major political party in America, a truly significant event is history and "you were there."

By: yogiman on 7/21/12 at 2:06

Ask01,

Can you imagine why anyone would not want identify themselves to vote in our political races? The only reason I can come up with is it makes it too hard to buy a vote and they won't be able to vote the dogs and cats and dead people anymore.

Much is being said about Romney's gain of wealth and it seems it's all coming out on the Democrat's side of the line.

Do you know of anyone who hasn't done "whatever it takes" to create a fortune? Yeah, there's a few honest people who's accomplished it. Can you name one Democrat who can be considered more trustworthy than a Republican (or reverse that question)? If you can, they are few and far between on either side of the line.

This election boils down to one issue: Mitt Romney is Constitutionally eligible for that office. Barry Soetoro aka Barack Obama isn't. And anyone who would vote for him will deserve what they get. Obama's goal is to take this nation into communism.

Why? Look into his life as deep as it's available. I've noted before, he was raised as a communist and as a Muslim. Considering who his mother was and her family history in the communist world and his father and stepfather who were Muslims. Look into the church he went to for 20 years and what than preacher said about America. Obama never once reputed it.

Go back to his wife's statement the first time she loved American. Go back to his wife's comment "that damned flag" in an official ceremony. Go back to when he would not make a speech at Georgetown University unless they covered the monogram of the name of Jesus over their podium.

Can you explain why he cancelled the traditional annual White House event
honoring the National Day of Prayer saying that he would pray only in private.

Apparently the people on this site feel if they don't know it. I understand their ignorance and their attitudes toward me, but they apparently don't know much about Barack Soetoro aka Barack Obama and can only think Democrat.

I've got news for y'all. Barack Hussein Obama is Democrat in name only.

.

By: Ask01 on 7/21/12 at 8:34

Allow me to clarify some points in my earlier post. Having reread what I hurriedly posted before heading out to do the weekly shopping, I felt I did not adequately convey the message I wished.

Regarding the voter ID laws and the stated aim of stopping voter fraud, numerous reports have, at least as far as I could understand, made the case that voter fraud was so rare as to be insignificant.

That, of course, begs the question of the actual goal behind the legislation. One need not be exceptionally well educated to recognize and understand the segment of society most impacted by the new requirements will be those least likely to have the required ID. The elderly, minorities, low income and others who, by the most amazing coincidence, might largely vote Democratic.

All that aside, a large number of undecided voters, or even citizens uneasy about other actions by Republican controlled legislatures are likely to distance themselves from the party which seems to be engaging in electioneering by controlling who votes.

The middle class revolt is coming, if not already started, and I believe they will take the place of many denied a vote on election day.

For at least a year, I have sounded the warning that disgruntled middle class workers, finding themselves unemployed and unwanted, will begin to see their support of the Republican party, which has become the party of the 1%, has been misplaced.

Yes, I'm afraid Mitt Romney is toast.

By: yogiman on 7/21/12 at 11:01

Ask01,

As I've said before, Barack Obama is a communist with the goal of taking the US under control.He's now in the position of a possible takeover under martial law. I'll also maintain the communist party has "loaded" the Democratic Party with communists. And the news media is also loaded with them.

Take a look: Here's a man no one knew who in the hell he was. George Bush was "slapped" every way they could slap him to "put the blame" on the Republican Party. Not one decent word was placed in the news about Bush.Obama was brought into the program and the media hasn't said one thing negative about Obama.

Obama was brought in the picture as the "first black President" in the USA. Every time someone says anything negative about him, they're a racist, but he can say anything racist he wants about Mitt Romney.

He keeps commenting about Romney only showing two years on his taxes but it's okay if he doesn't show his college records. You know, like his entrance forms? Like, who was paying for his education?

I think Romney should make a deal: You show your records and I'll show mine.

I'll acknowledge I don't know much about the operation of a computer like you youngsters . They didn't have them when I was your age and It boils down to this: If Obama keeps that office, you can kiss the USA goodbye.

There's a booklet you should read titled; "100 Things You Should Know About Communism, 1949" (127 pages). I wish I could forward it to but I just don't know how.

And look at it this way, Sen Rubio and the Governor of Louisiana are both often mentioned as Romney's VP running mate and neither of them are constitutionally eligible for the office. So, basically, if he picks one of them, what's the difference between the Democrat and Republican parties?

By: Ask01 on 7/22/12 at 11:12

Mike, I may be wrong, but I see certain parallels in this siutation with other turning points in history.

Anytime events transpired which segments of a society could not comprehend or accept, whether due to limited education, stunted social growth, advanced age, or other debilitating factors, there was always one central mantra repeated ad nauseum;

"This is a sign of the end of _____!" (fill in the blank)

A) the world
B) the nation
C) our society
D) the natural world order
E) life as we know it
F) double coupon days at the Kwiki Mart
G) all of the above

That last was intended as a bit of silliness, but upon reflection, I realized such an event could be devastating for some folks.

My point is, I have read accounts of predictions of impending doom prior to the slaves being freed, women allowed to vote, African Americans allowed to vote, integration of minorities in the Armed Forces, school intergration, and many other examples.

I recall personally cries of woe and weeping for the fall of the republic for electing a Catholic president, allowing women to serve in other than support fields in the military, allowing liquor by the drink in the small, hick, excuse of a backwater town from which I escaped, returning the Panama Canal to Panama, allowing Germany to reunite(seriously), allowing gays to openly serve in the military, Y2K, and a plethora of other examples too numerous to mention as my arthritis is acting up.

My point, to repeat myself, is after all these lamentations of doom, destruction, and woe, nothing major transpired. Minor hiccups of course, did randomly erupt, often as a self fulfilling prophesy brought about by those foretelling misfortune. The sun rose the next morning, the birds sang, the dew formed, and the world kept turning.

For all those predicting doom if President Obama is re-elected, there are those equally convinced of cataclysm if we wake up Election Day +1 with another "W" in office.

My advice is take two chill pills and calm down, secure in the knowledge most of us are so far down the food chain, the winner really doesn't make much difference in the long run.

Besides, I really believe the good ship Mitt Romney is taking on water scuttled from within by the crew themselves.

In a word, toast.

By: yogiman on 7/22/12 at 3:08

Ask01,

I'm sure you know the old philosophy that time will tell. I believe you'll get some fresh bread in November.

I believe too many people have learned what Obama is and I believe they will expose more on him in the next three months.

He keeps bringing Romney's wealth into the picture. Do you think he would be willing to "swap" information and show the papers no one has seen? You know, his official birth certificate, passport records, college papers... just tidbit stuff.

Didn't you have to show your birth certificate when you went in service? I did. It's also worthy of how several of the states will make him prove he's legally eligible for that office. It will only take two or three to make him go back to Kenya.

I just listened to a program; "A Slobbering Love Affair" on how Obama pulled the last election off. It all boiled down to one thing, race.

By: yogiman on 7/22/12 at 6:22

Well, I see where on Friday Obama marked the start of the Muslim holy month of Ramadan as a time to cherish family, friend and neighbors and to help all those in need.

In his statement he said he and the first lady (as I use the term loosely) extended their "warmest wishes" to Muslim Americans and Muslims around the world.

He's also said the White House will host an iftar dinner, the traditional meal observed during Ramadan. Obama has acknowledged the Ramadan every year he has been office.

What religion other than Islam has Obama recognized since being in office?

By: Mike Burch on 7/23/12 at 12:04

Ask01,

You make good points and I tend to agree with you.

If the US public wises up to the fact that the GOP has lost its marbles, and that Romney is not fit to be president, I think we can continue to make progress in a better direction.

If we compare the way we live to the past of just a few hundred years ago, we can see that things are generally much better. However, we cannot afford to keep fighting war after war while ignoring what pollution and global warming are doing to our planet.

On all the major issues, the Democrats are much better than the Republicans, who seem to have gone utterly mad.

So for me the solution is very simple: We need to vote for Democrats, then put pressure on the Democrats to live up to their stated goals and ideals.

We the people decide if Romney is toast. If we make the right decision, I think there is hope for progress and a better future. If we vote for madmen, we must be mad ourselves, and the future of the human race may be in doubt.

Mike

By: FaceBook:Emmett... on 7/25/12 at 6:41

People know NOTHING about ObaMao - not even his real name - but some of the morons will keep voting for his "Hopey-Changey Shuck 'n' Jive". Too stupid to chew their own food.

By: Wjbc on 8/9/12 at 5:13

So far in an online poll I started its a pretty close election.

http://poll.pollcode.com/bdwc