Will Bain Capital turn into Romney's Swift Boat?

[pbrower2a]

The Obama team is trying hard. But I think Romney has done a far better job countering it than John Kerry; plus he expected it, and everyone saw it coming. No one saw the Swift Boat guys coming, I mean Clinton didn't do that to Bob Dole. Consider this: neither convention is underway for more than a month; yet with all the attacks, Romney is still in the MoE against an incumbent wartime President, and Obama is picking up no new states in any polls.

The taxes may still be the least of it. If Mitt Romney is seen making huge money by rescuing failing companies he will do fine. If he is seen making huge money by draining assets from going concerns (that includes saddling them with huge debts), then that is a different matter.

Mitt Romney is much more clever than John Kerry was.   

[pbrower2a]

A key difference between the Swift Boat Veterans and the Bain Capital non-veterans that everyone seems to keep missing:  The SBVs had actually been in Vietnam with Kerry; they could give actual eyewitness accounts.  The BC accusers are all people who were not at Bain Capital with Romney; they can't give eyewitness accounts and so are less credible.

What made the SBVs so credible is that they were there.

The difference is that Mitt Romney's behavior will appear, if at all, through dry financial records. Don't fool yourself; if there is any truth behind the attacks of Bain Capital it will come from disgruntled former employees who saw assets transferred. Employees can tell you if real estate was sold to book a profit that largely went to Bain Capital.

Conservatives are not the only ones who can do financial analysis. No, this is not Enron, so blatant that a bright high-school student could understand it, but there may be plenty of people who know where the skeletons are buried. Mitt Romney may have been even more a 'job destroyer' than a job-creator.