Thursday, July 19, 2012

Brilliant One-Two Punch

Things are getting interesting. From CNN ("Mitt Romney's painfully bad week"):
Thursday morning, the Obama campaign released a tough ad attacking the record of downsizing and outsourcing at Romney's old firm, Bain Capital. 
The Romney campaign reacted with outrage. That same day, it announced a multimillion-dollar purchase of airtime for an ad that bluntly accused President Obama of lying. 
In support of the ad, Romney's team argued that he had left Bain Capital in February 1999; the incidents alluded to by the Obama campaign all occurred after that date and had nothing to do with Romney. 
Wham. The first attack on Romney had been a jab, dropping Romney's guard against the haymaker: On Friday, the Obama team counter-charged that it was Romney who was lying in his ads or who had committed a felony, lying on 140 official forms that he signed as CEO and sole shareholder of Bain between 1999 and 2002. 
Romney now chased the Obama story, granting five TV interviews to reiterate his version of events. The more he talked, the more deeply into trouble he sank. By Sunday, even Romney supporters were urging the thing he wants least: release of more income tax returns. 
And here again, what got Romney into the trouble was his war room. It was the too-fierce response to Attack 1 -- the adamant insistence that Romney had nothing, nothing to do with anything that happened at Bain after February 1999 -- that set up Romney for Attack 2: Did he lie on SEC forms? And now he will struggle through the rest of the election trying to reconcile his answers.

3 comments:

Joe said...

Yeah, but BO said you didn't build your business. Right, Matt?

Eric said...

The Bain Damage segment on The Daily Show was interesting -- Romney said he wasn't involved in any outsourcing after February 1999 when he left Bain to run the SLC Olympics.. yet Romney was listed on SEC filings as the CEO and Managing Director at Bain from 1999-2002 (and got paid).

Jay said...

Retroactive retirement? Now that is some spin genius.