Posted in: Politics

Twitter Mocks Mitt Romney ‘Retroactively’ Retiring From Bain Capital

mitt romney

Did Mitt Romney retire from Bain Capitol in 1999 or 2002? President Obama has attacked his GOP opponent over his claim that he left the company in 1999 despite evidence that showed he remained with Bain until 2002. Romney’s adviser Ed Gillespie said on Sunday that Romney “retired retroactively” in 2002 and even though he was listed as part of the company, in reality, or fantasy, he left Bain in 1999.

Gillespie said:

“There may have been a thought at the time that [Romney’s Bain work] could be part-time. It was not part-time. The Olympics was in a shambles… He took a leave of absence and in fact, ended up not going back at all and retired retroactively to February 1999 as a result.”

Romney has been under fire for the last week after reports surfaced saying that he was listed as the CEO of Bain long after he originally claimed. Romney has tried to distance himself from the company, at least during the period after 1999, when the company invested in several companies that were sending jobs overseas.

But despite the fact that Romney was listed as the CEO, according to Gillespie, he retroactively retired in 2002.

What do you think of Romney “retroactively retiring” from Bain Capital?

If you’re a Twitter user, you probably think it’s hilarious.

What do you think of Mitt Romney “retroactively retiring?”

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11 Responses to “Twitter Mocks Mitt Romney ‘Retroactively’ Retiring From Bain Capital”

  1. Chas Holman

    Retroactive retirement.. what a hoot..

    Sounds a lot like self deportation to me.

    I hope his camp stops soon.. my sides are aching..

  2. Juan Adams

    he should retroactively withdraw from the campaign.

  3. Russell Dee

    LOL! "Retroactive retirement." What a laugh. Did you see that he started chuckling when he said that. What a joke! Romney's lying and guys like Gillespie are trying to help Romney cover his tracks.
    But what difference does it really make anyway? The thing is that even if Romney was "retroactively retired" he was still responsible for the bad things Bain did (firings, layoffs. outsourcing, offshoring, etc) because prior to Romney's leave of absence to run the Olympics Romney was the sole owner of the company, the CEO, president, and chairman of the board. That means he had ALL the power in that company and he set the direction and strategy of the company up before he went on his "leave of absense" to run the Olympics. Before he left to run the Olympics he made sure that the people who were there running the company would carry on with the direction and strategy that he laid down before he left. Remember, Romney thought he was coming back to run the company so when he left he made sure that all management staff were on his page so they would do what he wanted them to do in his absence.

    Plus Romney was staying somewhat active with the company as has been proven by the fact that he signed some things during that period and stated under oath that he went to board meetings. So he was somewhat active with the company and the people who were there running the company when Romney was too busy, well they were doing what Romney wanted them to do.”.

  4. Diana Baskin

    You mean I can win the lottery if I pick my number retroactively. I wonder if criminals can use that in Court. I didn't steal this retroactively. Maybe Mittens is on to something. No one would ever have to take responsiblity for anything. Just go back to another time retroactively.

  5. Ajay Jain

    Ed Gillespie on CNN’s "State of the Union" Sunday 7/16/2012.

    "… Mitt Romney senior adviser Ed Gillespie said Sunday on CNN’s "State of the Union" the GOP candidate “retroactively” retired from Bain Capital after the 2002 Salt Lake City Olympics began…. "

    No body who has been drawing at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital “retroactively” retires from Bain Capital AFTER the 2002! Then why draw the salary of at LEAST $100,000.00 per year from 1999 to 2002 from Bain Capital if Romney retired from Bain “retroactively”!

    "… Gillespie continued, "He took a leave of absence and, in fact, Candy, he ended up not going back at all and retired retroactively to February of 1999 as a result."… "

    However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is also shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital. Then to run for Governor of MA Romney sought residency of MA by lieu of his Bain positions. Now either Romney was at the Olympics OR he was at BAIN.

    Only one can be true not BOTH at the same time simultaneously! Will the true Willard Mitt Romney stand up and accept ONE thing? Does Romney want to accept untrue SEC filings and be called a Felon or agree that he represented Bain from 1999 to 2002?

  6. Ajay Jain

    On Friday the 13th (7/13/2012) the very illusive Mitt Romney gave very defensive interviews to all FIVE networks on a single day at once! Just a few days ago Mitt Romney said to FOX News that explaining means that you are WEAK. So his five interviews "explaining" his time at Bain were signs of his weakness!

    Presidential Candidate Mr. Mitt Romney maybe feeling the heat on his role in BAIN Capital, his business experience which was supposed to be his sole criteria for creating jobs and his greatest qualification for running for the American Presidency in the current economy in 2012!

    However SEC documents show Mitt Romney as sole owner of all shares of Bain Capital. Romney is shown as CEO, President and Chairman of Board of Bain Capital in 2001 and 2002 then LEGALLY speaking Mitt Romney has been responsible to all that goes on under the banner of Bain Capital.

    Mitt Romney can not just share the good like job creation from 1999 to 2002 and leave the ugly like Bankruptcies and layoffs behind as if he had nothing to do about them from 1999 to 2002.

    If he really wanted to disassociate himself from Bain Capital he could have resigned and sold all his shares in Bain Capital in February 1999 then it would have been a different matter but to share in the glory of Bain's job creation accept a salary of $100,000 or MORE (where are the Tax Returns?) for three years and only to refuse to take the responsibility of Bankruptcies and layoffs on his WATCH (1999-2002) is trying to have it both ways and then complaining of playing politics having been caught with his hand in the proverbial Cookie Jar that is the very essence of an ACTIVE LEGAL ROLE in Bain Capital till 2002! Was Romney getting $100,000.00 or more to do NOTHING for BAIN Capital?

    Mitt Romney will have to face the consequences of this leaving Bain "lie" that Mitt Romney has brought on upon himself. If we keep reminding the Romney campaign of the Bain exit lie and Romney's ill effects on workers robbing them of their hard earned salaries and life long benefits all the way to November then 7/13/2012 (FRIDAY the 13th) will go down as the turning point of the 2012 Presidential election!

  7. Ajay Jain

    Republicans betrayed their own conscience when they went against established Republican principles like the MANDATE over healthcare which was a Heritage foundation issue popularized by Gingrich.

    Obama did more than his share to UNITE but the Republicans were out to oppose for opposing sake and not following any policy or principles. In the famous words of Minority Senate Leader Mitch McConnell the Republicans were out to defeat the Obama agenda even if it went against established Republican policies set by past precedent.

    Mitch McConnell was out to make sure that President Obama remains a one term President and see where it has brought the Congress and its public esteem.

    Gingrich out of his own admission was out to defeat Obama from the day he was sworn in as President.

    You can not justify the Republicans as the "loyal" opposition as is the case in most mature democracies. They have been out to get President Obama by hook or by crook. A leader can meet the opposition half way but can not fold completely to their whims and fantasies like that of the current Tea Party affiliates.

    Republicans will loose in 2012 just like they did in 2008 but with a smaller margin because of the dark money of Billionaires due to Citizens United verdict of the right wing Supreme Court.

  8. Ajay Jain

    Two-Faced Willard

    "I was not responsible for what happened at Bain Capital" – Mitt Romney.
    "I was the Sole shareholder, Sole director, Chief executive officer and President of Bain" – Mitt Romney.

    "The Arizona immigration policy is a good model" – Mitt Romney.
    "I didn't really support the Arizona immigration policy" – Mitt Romney.

    “The Massachusetts healthcare plan should be a model for the nation” – Mitt Romney.
    “Healthcare reform should be left to the states” – Mitt Romney.

    "Let Detroit go bankrupt" -Mitt Romney.
    "I'll take a lot of credit for saving the auto industry" -Mitt Romney.

    “I believe Roe v Wade has gone too far.” – Mitt Romney.
    “Roe v Wade has been the law for 20 years we should sustain and support it.” – Mitt Romney.

    “I respect and will protect a woman’s right to choose.” – Mitt Romney.
    “I never really called myself pro-choice.” – Mitt Romney.

    “It was not my desire to go off and serve in Vietnam.” – Mitt Romney.
    “I longed in many respects to actually be in Vietnam and represent our country there.” – Mitt Romney.

    “I’m not trying to return to Reagan-Bush.” – Mitt Romney.
    “Ronald Reagan is… my hero.” – Mitt Romney.

    “I think the minimum wage ought to keep pace with inflation.” – Mitt Romney.
    "There’s no question raising the minimum wage excessively causes a loss of jobs.” – Mitt Romney.

    “I saw my father march with Martin Luther King.” – Mitt Romney.
    “I did not see it with my own eyes.” – Mitt Romney.

    “I would like to have campaign spending limits.” – Mitt Romney.
    “The American people should be free to advocate for their candidates without burdensome limitations.” – Mitt Romney.

    “I supported the assault weapon ban.” – Mitt Romney.
    "I don’t support any gun control legislation.” – Mitt Romney.

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