Wednesday, July 18, 2012

Romney on the ropes #5: Might Mitt withdraw?

Huffington Post is reporting information from several current and former executives at Bain Capital that Romney was confident that he would not have to release any tax returns prior to 2010 -- and that their understanding is that if he had known:
He never would have gone ahead with his run for president.
They also said that they have been instructed to keep any information about the company connected with Romney strictly confidential.

Now this is the most devastating thing yet to suggest there's something really damaging -- at least politically damaging.   Some have even suggested he might have been involved in the "Swiss tax evasion scandal of 2009," which involved a large Swiss bank and a scheme to evade U. S. taxes.   There's no known evidence that he was -- it's just one more speculation trying to understand what could be so damaging to make releasing the tax returns worse than this.

[added later].    However, it is now known that he did have an account with the Swiss bank UBS that had the scandal about tax evasions.   That doesn't mean he was involved -- but it's close enough to the smoke that it raises questions about fire.

But here's what really perked up my ears.   "He never would have gone ahead with his run for president."    This introduces the idea that he could back out at this point.   The convention hasn't been held yet.  They could have a brokered convention and choose someone else -- either because Romney withdraws or simply because they don't want him to run now.

Some 40% of Republicans are said to not really like Mitt Romney.   So there might be a groundswell to replace him -- the justification being that this makes him a damaged candidate who can't win.

Hoo ha !!!   This is some development.

Ralph

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