You know, it’s funny. A while back, when gas prices were really high, Mitt Romney was insisting that President Obama was responsible for that, even though pretty much everybody knows that there’s not actually much the president can do either way about gas prices. In fact, Romney likes to insist that Obama must take responsibility for everything bad that’s happened over the last three and a half years.
And yet, Romney is now insisting that for three years when he was CEO and sole shareholder of Bain Capital, he bears absolutely no responsibility for anything that happened at Bain.
I don’t buy it. And I don’t think anyone else does either. Romney is in real trouble over this.
UPDATE: In a hilarious bit of irony, here’s what Romney had to say to the networks tonight:
Mr. Romney called the accusation of criminal behavior, which came on Thursday from Mr. Obama’s deputy campaign manager, “disgusting” and “demeaning” and said it was destructive to the political process.
“It’s something that I think the president should take responsibility for and stop it,” Mr. Romney said.
Huh, interesting. So Romney’s position is that the head of an organization (namely, the Obama campaign) should “take responsibility for,” and “stop,” behavior that is inappropriate. It would seem to follow that the President and CEO of an organization (let’s say Bain Capital, just as an example) that was engaged in bad behavior – say, investing in companies that specialize in outsourcing American jobs, or bleeding target companies into bankruptcy – should “take responsibility for” and “stop” that behavior too.
Is there any real doubt that, even if Romney was not involved in the day-to-day management of Bain Capital while he was at the Olympics, he could at any moment have retaken control and redirected its activities? He was, after all, president, CEO, and sole shareholder. There was nobody who could have stopped him.