The Case Against Mitt Romney: His Risky Associations and Entanglements
This is the third of four posts covering:
- What Mitt Romney did to Massachusetts while he was Bay State governor.
- What he did to the nation while he was governor.
- (THIS POST) His risky associations and entanglements. This one has a “surprise.”
- What he did to the nation, the Republican Party, and John McCain during his GOP primary run.
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MITT ROMNEY’S, HIS FAMILY’S, AND HIS “OLD” FIRM’S UNSAVORY, AND POSSIBLY DANGEROUS, ENTANGLEMENTS
Overview: The bottom-line question that leaps from this post is this –
Why in the world would John McCain even consider risking his one remaining shot at the highest office in the land by associating himself with any part of what you are about to see and read?
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Let’s start with a video blast from a past post.
It comes from a lefty called “DemRapidReponse,” which is good news and bad news. The good news is that what is presented is mostly, but not entirely, accurate. The bad news is that it’s a sneak preview of the kind of thing the opposition will pound on if John McCain selects Mitt Romney as his running mate. The damage that could arise from the information in this video, combined with Romney’s Personal Financial Disclosure Form, combined with other things I have learned, is hard to underestimate.
The vid doesn’t do a good enough job of distinguishing between Mitt Romney, Bain Capital, and the supposed distance between them. But viewers will get the point.
I know that Romney claims that most of his assets are in a “blind trust,” and that he has satisfied a Massachusetts ethics body over its propriety.
But, as I said back in January, the distance from Romney to Bain and other questionable entities isn’t as far as one might expect, and for being “blind,” an awful lot is pretty visible:
- For one thing, the New York Times has noted that Romney “remains an investor in Bain Capital.” Romney’s no-longer-available GOP primary web site did not disclose that. His bio, when it was there, left readers with the impression that he is not currently involved with Bain in any way.
- The Personal Financial Disclosure form filled out by Romney in August (accessible here; the file itself is a 40-plus page PDF) confirms that Mitt Romney and his wife have substantial ownership interests in various Bain entities.
- The amount of those interests may be understated or obscured because the Form’s preparers appear to have failed to follow some of the specific instructions for completing the Form. I believe that a reader will likely come away from the Disclosure form estimating a valuation of ownership interests that could be tens of millions of dollars lower than it really is.
- Even beyond Bain, the Disclosure Form reveals that Romney and/or his family also have and/or recently had and disposed of likely-substantial investments in the Russian and Chinese entities mentioned in the video.
- (Not noted in video) Certain of the entities Romney and Bain are involved with were implicated in the Oil for Food Scandal. Really: “There were two main types of manipulation: surcharges paid for humanitarian contracts for spare parts, trucks, medical equipment and other supplies; and kickbacks for oil contracts. Among the companies that paid illegal surcharges were South Korea’s Daewoo International and three subsidiaries of Siemens AG of Germany. On the oil side, contractors listed included Texas-based Bayoil and Coastal Corp., Russian oil giant Gazprom, and Lukoil Asia Pacific, a subsidiary of the Russian company, Lukoil.” You will see the names of Gazprom and Lukoil in the video.
Geez, the vid’s only 2:37, so let’s roll it already (direct YouTube link, in case the embed doesn’t work):
(NOTE: CNOOC and Sinopec are Chinese oil companies.)
So while the video is less than perfect (it’s also dated, as we now know that Romney “lent” and is now going to eat $45 million of his own money, not the $9 mil noted in the vid, that he put into his campaign), it is sufficiently valid to raise questions about:
- Romney’s sincerity about Iranian divestment, given his direct and indirect personal interests.
- The complete nature of Bain’s and Romney’s Russian and Chinese investments and entanglements, especially given the state-sponsored or state-sanctioned nature of many of their companies, and the current and potential relationship between the Russian oil firms noted and the Russian government.
- Whether Mitt Romney will ultimately represent this country’s interests, his own interests, those of another country or countries, or some combination of the three if he enters the halls of presidential power. Seriously. I’m not the only one raising security-related questions; GOP presidential candidate Duncan Hunter raised similar concerns about yet another Chinese investment during the primary.
- Finally, whether all of this will be fatal to John McCain’s general election candidacy.
What has been covered here only scratches the surface. When all is said and done, the business dealings and entanglements of the Romneys and Bain may end up constituting the most troubling aspect of all about this man’s presence on a presidential ticket.
And given what was noted in the first two posts in this four-part series, that’s saying something.
But there’s more.
Back on January 17, I wrote the following (last item at link), and got some heat for it:
By the way, I predict that if Romney is the nominee, there will be a concerted effort by Old Media to get to the bottom of what appears, based on this simple Google search on “Mormons and ‘child abuse’” and other information I have learned, to be a serious child-abuse problem that exists in the Mormon Church and segments of the Mormon community.
Since a Republican is involved, I predict that Old Media will do a thorough job.
I further predict that if they do that thorough job, they will find a lot to write about.
I finally predict that they will get to within, excuse the expression, close enough striking distance of Mitt Romney’s circle of friends and acquaintances to have an impact on his prospects, and that the impact will not be favorable.
I stand by that prediction, applicable now to a McCain-Romney ticket if Romney is selected as John McCain’s running mate. In fact, I am more confident about that prediction now than I was six months ago.
I also now have some confidence that if Old Media does the thorough job I expect it will, it will find questionable and perhaps corrupt business and political arrangements and practices in Michigan that will get close enough to Mitt Romney’s circle of friends and acquaintances to have an impact on a McCain-Romney ticket, and that the impact will not be favorable.
Now for the “surprise.” Let’s watch a second video.
It’s from John McCain’s January 13, 2008 town hall appearance in Howell, Michigan, which is located in Livingston County. It was carried live on CNN:
Here’s a transcript of the relevant portion of that vid in case it disappears from YouTube (I have, however, saved it in a different format):
Questioner: Senator McCain, I have all due respect for you, and the service that you did for our country.
McCain: I’m always afraid of that preface.
Q: My question is coming from my son, who at this time feels hostage in our home, and we may want to have the McCriries and Gaddises (well-known political figures in Livingston County, MI — Ed.) come in on this question, from this very young man who has literally been terrorized for years in this county. My name is Deborah McCord Skousen, and in 1997 I was put on trial under a false police report taken by Susan Gaddis. Later on, a deal was struck with my former husband and the McCriries to sell my home in a divorce agreement. I’m going to tell now what was –
McCain: You’re going to have to ask me a question.
Q: I will ask a question. But my kids have been terrorized and I. When you spoke about Mr. Romney, it might be wise to look into his investments, particularly into Gazprom and Lukoil, and you will notice that there is a company out of Pontiac by the name of Kairos International, which handled –
McCain: You’re going to have to ask me a question, ma’am.
Q: My question is “When are American citizens going to stop being terrorized? I had confronted Mr. Alex Itkin, who was a Russian …..
McCain: Ma’am, you’re going to have to - I apologize. I tell you what. I will have a member of my staff meet with you immediately after this town hall meeting. I will try to get all the facts and I will try to do whatever I can to assist you in this, obviously, what has been a terribly traumatic experience for you. I’ll have my staff sit down with you.
That’s pretty weak, eh?
Now, of course, many will be tempted to marginalize Ms. Skousen, because it’s clear that she was upset and more than a little unprepared.
But you haven’t met her. I have.
Her story about the trial isn’t made up, nor is the discrepancy between what the police officer (who filed the police report) said he saw and what Ms. Skousen claimed.
The third company she named besides Gazprom and Lukoil, namely Kairos International, is a real company, and was involved in Oil for Food in 2001 and 2002.
Ms. Skousen also added the following observations about Senator McCain during the course of her interrupted question:
McCain paced the floor, said repeatedly (with the mic away from his mouth) and indicated by his facial expressions that it was serious, would not let me finish the question, and repeatedly interrupted. He did not interrupt during a later question by another woman who had a lengthy statement followed by a question. He said to speak with one of his people, but there was no one around from his staff when I left, and only a few angry people from the county who gave me an icy look.
I only wish I had the time to fully vet the accuracy of the things I am learning, things I have not revealed because I can’t be sure of them. But you can bet that an Old Media determined to elect a faltering, flip-flopping, gaffe-generating Barack Obama will find the time.
The ultimate question for John McCain is simple: Though the full extent of the seriousness of the items discussed here is not known, how in the world can you even consider risking your one remaining shot at the highest office in the land by associating yourself with any of this?
Please. Don’t do it, John.
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UPDATE, July 23: The “Alex Itkin” mentioned in the second YouTube by Ms. Skousen is the President & CEO of Kairos on the company’s “About Us” page. Here’s his bio. Ms. Skousen’s ex-husband Samuel J. Skousen is shown as the company’s Automotive Consultant for the USA & Canada on that same “About Us” page. Kairos’s home page describes the company as “…. dedicated to establishing a conduit for cultural, economic, and business exchange between Russia, America, and Europe, facilitating relationships between government organizations, professional associations, corporations, and individual entrepreneurs.”










