{"id":8245,"date":"2012-07-03T09:30:53","date_gmt":"2012-07-03T16:30:53","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=8245"},"modified":"2012-07-03T09:30:53","modified_gmt":"2012-07-03T16:30:53","slug":"romney-lied-about-profiting-from-abortion","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2012\/07\/03\/romney-lied-about-profiting-from-abortion\/","title":{"rendered":"Romney Lied about Profiting from Abortion"},"content":{"rendered":"<p><font color=\"#0000ff\">Willard Romney loves to etch his sketch.&#160; It does not seem to matter to him that, every time he li9es to cover up a past position or facts about his past performance, someone digs into the documentation to prove that Willard is lying.&#160; I wonder how Republican Supply-side pseudo-Christians will like it that Willard is lying about profiting from abortion.<\/font><\/p>\n<blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"background-image: none; border-right-width: 0px; padding-left: 0px; padding-right: 0px; display: inline; float: left; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px; padding-top: 0px\" title=\"3RomAbort\" border=\"0\" alt=\"3RomAbort\" align=\"left\" src=\"https:\/\/www.7thstep.org\/blog\/wp-content\/uploads\/2012\/07\/3RomAbort.jpg\" width=\"360\" height=\"238\" \/>Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post <a href=\"http:\/\/www.huffingtonpost.com\/2012\/01\/17\/mitt-romney-bain-capital-stericycle_n_1211228.html\" target=\"_blank\">reported<\/a> that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in <strong>Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics<\/strong>. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate&#8217;s reputation among values voters already suspicious of his shifting position on abortion.<\/p>\n<p>But Bain Capital, the private equity firm Romney founded, tamped down the controversy. <strong>The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal<\/strong>. The matter never became a campaign issue. But <strong>documents filed by Bain and Stericycle with the Securities and Exchange Commission\u2014and obtained by Mother Jones\u2014list Romney as an active participant in the investment<\/strong>. And this deal helped Stericycle, a company with a poor safety record, grow, while <strong>yielding tens of millions of dollars in profits for Romney and his partners<\/strong>. The documents\u2014one of which was signed by Romney\u2014also contradict the official account of Romney&#8217;s exit from Bain.<\/p>\n<p>The Stericycle deal\u2014the abortion connection aside\u2014is relevant because of questions regarding the timing of Romney&#8217;s departure from the private equity firm he founded. Responding to a recent Washington Post <a href=\"http:\/\/www.washingtonpost.com\/business\/economy\/romneys-bain-capital-invested-in-companies-that-moved-jobs-overseas\/2012\/06\/21\/gJQAsD9ptV_story.html\" target=\"_blank\">story<\/a> reporting that Bain-acquired companies outsourced jobs, the Romney campaign insisted that Romney exited Bain in February 1999, a month or more before Bain took over two of the companies named in the Post&#8217;s article. The SEC documents undercut that defense, indicating that <strong>Romney still played a role in Bain investments until at least the end of 1999<\/strong>\u2026 [<em>emphasis added<\/em>]<\/p>\n<\/blockquote>\n<p>Inserted from &lt;<a href=\"http:\/\/www.motherjones.com\/politics\/2012\/07\/romney-bain-abortion-stericycle-sec\" target=\"_blank\">Mother Jones<\/a>&gt;<\/p>\n<p><font color=\"#0000ff\">Photo credit: SoINeedAName<\/font><\/p>\n<p><font color=\"#0000ff\">Lawrence O&#8217;Donnell interviewed Karen Finney and David Corn, the author of the article referenced above.<\/font><\/p>\n<p><font color=\"#0000ff\"><object width=\"592\" height=\"346\" id=\"msnbc43a961\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" target=\"_blank\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=10,0,0,0\"><param name=\"movie\" target=\"_blank\" value=\"http:\/\/www.msnbc.msn.com\/id\/32545640\" \/><param name=\"FlashVars\" value=\"launch=48053335^0^461061&amp;width=592&amp;height=346\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"wmode\" value=\"transparent\" \/><embed name=\"msnbc43a961\" src=\"http:\/\/www.msnbc.msn.com\/id\/32545640\" width=\"592\" height=\"346\" FlashVars=\"launch=48053335^0^461061&amp;width=592&amp;height=346\" allowscriptaccess=\"always\" allowFullScreen=\"true\" wmode=\"transparent\" type=\"application\/x-shockwave-flash\" pluginspage=\"http:\/\/www.adobe.com\/shockwave\/download\/download.cgi?P1_Prod_Version=ShockwaveFlash\"><\/embed><\/object><\/font><\/p>\n<p style=\"text-align: center; margin-top: 5px; width: 592px; font-family: arial, helvetica, sans-serif; background: none transparent scroll repeat 0% 0%; color: #999; font-size: 11px\">Visit msnbc.com for <a style=\"border-bottom: #999 1px dotted; height: 13px; color: #5799db !important; font-weight: normal !important; text-decoration: none !important\" href=\"http:\/\/www.msnbc.msn.com\" target=\"_blank\">breaking news<\/a>, <a style=\"border-bottom: #999 1px dotted; height: 13px; color: #5799db !important; font-weight: normal !important; text-decoration: none !important\" href=\"http:\/\/www.msnbc.msn.com\/id\/3032507\" target=\"_blank\">world news<\/a>, and <a style=\"border-bottom: #999 1px dotted; height: 13px; color: #5799db !important; font-weight: normal !important; text-decoration: none !important\" href=\"http:\/\/www.msnbc.msn.com\/id\/3032072\" target=\"_blank\">news about the economy<\/a><\/p>\n<p><font color=\"#0000ff\">Frankly, I have no problem with Bain investing in Stericycle. Rmoney favored women&#8217;s rights back then, and had not yet etched his sketch to goose-step with the Republican base. Romney signed the papers for this deal, but now he lies about his involvement.&#160; It\u2019s the lies and hypocrisy that define who he is.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Willard Romney loves to etch his sketch.&#160; It does not seem to matter to him that, every time he li9es to cover up a past position or facts about his past performance, someone digs into the documentation to prove that Willard is lying.&#160; I wonder how Republican Supply-side pseudo-Christians will like it that Willard is <a href='https:\/\/www.politicsplus.org\/blog\/2012\/07\/03\/romney-lied-about-profiting-from-abortion\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8245","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/8245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=8245"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/8245\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=8245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=8245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=8245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}